Detroit Rescue Mission Ministries
The information on this page was last updated 4/26/2023. If you see errors or omissions, please email: [email protected]
Summary
Founded in 1909, The Detroit Rescue Mission Ministries has spent over 100 years of continued service providing food, shelter and services to intervene where homelessness and substance addiction occur. DRMM is a faith-based, non-profit organization, recognized by the Commission on Accreditation of Rehabilitation Facilities (CARF) and has devoted a wealth of resources to meet the basic needs of humanity while motivating individuals to rebuild their lives, one life at a time. The Detroit Rescue Mission Ministries is one of the largest providers in the fight against homelessness and substance abuse in the country.
Contact information
Mailing address:
Detroit Rescue Mission Ministries
150 Stimson St
Detroit, MI 48201
Website: www.drmm.org
Phone: 313-993-4700
Email: [email protected]
Organization details
EIN: 381459371
CEO/President: Dr. Chad Audi
Chairman: Randall A. Pentiuk
Board size: 10
Founder: David C. Stucky
Ruling year: 1980
Tax deductible: Yes
Fiscal year end: 09/30
Member of ECFA: No
Member of ECFA since:
Purpose
DRMM fulfills its mission statement by providing hope to the hopeless, disadvantaged, and homeless men, women, and children of our community by ministering to the total person - body, soul and spirit - with services and programs designed to address spiritual, physical, emotional, and social needs to those seeking assistance in hopes of them becoming faithful Christians discipled into a local church, rehabilitated and employed, and living productive and restored lives.
Mission statement
Our main mission at DRMM is to find permanent solutions for the disheartened and disadvantaged so that they can look to the future and not look back at their past.
Statement of faith
Donor confidence score
Show donor confidence score detailsTransparency grade
C
To understand our transparency grade, click here.
Financial efficiency ratings
Sector: Rescue Missions/Homeless Shelters
Category | Rating | Overall rank | Sector rank |
Overall efficiency rating | 187 of 1118 | 23 of 141 | |
Fund acquisition rating | 346 of 1119 | 35 of 141 | |
Resource allocation rating | 490 of 1119 | 59 of 141 | |
Asset utilization rating | 169 of 1118 | 20 of 141 |
Financial ratios
Funding ratios | Sector median | 2022 | 2021 | 2020 | 2019 | 2018 |
Return on fundraising efforts Return on fundraising efforts = Fundraising expense / Total contributions | 12% | 7% | 5% | 6% | 7% | 6% |
Fundraising cost ratio Fundraising cost ratio = Fundraising expense / Total revenue | 10% | 7% | 5% | 6% | 7% | 5% |
Contributions reliance Contributions reliance = Total contributions / Total revenue | 93% | 87% | 95% | 94% | 99% | 81% |
Fundraising expense ratio Fundraising expense ratio = Fundraising expense / Total expenses | 11% | 7% | 6% | 6% | 7% | 5% |
Other revenue reliance Other revenue reliance = Total other revenue / Total revenue | 7% | 13% | 5% | 6% | 1% | 19% |
Operating ratios | Sector median | 2022 | 2021 | 2020 | 2019 | 2018 |
Program expense ratio Program expense ratio = Program services / Total expenses | 78% | 80% | 76% | 78% | 81% | 86% |
Spending ratio Spending ratio = Total expenses / Total revenue | 93% | 99% | 82% | 95% | 107% | 100% |
Program output ratio Program output ratio = Program services / Total revenue | 73% | 79% | 63% | 74% | 86% | 86% |
Savings ratio Savings ratio = Surplus (deficit) / Total revenue | 7% | 1% | 18% | 5% | -7% | 0% |
Reserve accumulation rate Reserve accumulation rate = Surplus (deficit) / Net assets | 5% | 1% | 19% | 5% | -7% | 0% |
General and admin ratio General and admin ratio = Management and general expense / Total expenses | 9% | 13% | 18% | 16% | 13% | 9% |
Investing ratios | Sector median | 2022 | 2021 | 2020 | 2019 | 2018 |
Total asset turnover Total asset turnover = Total expenses / Total assets | 0.53 | 0.87 | 0.83 | 0.82 | 1.00 | 1.10 |
Degree of long-term investment Degree of long-term investment = Total assets / Total current assets | 2.85 | 5.19 | 4.90 | 4.77 | 6.42 | 7.22 |
Current asset turnover Current asset turnover = Total expenses / Total current assets | 1.74 | 4.50 | 4.07 | 3.91 | 6.42 | 7.96 |
Liquidity ratios | Sector median | 2022 | 2021 | 2020 | 2019 | 2018 |
Current ratio Current ratio = Total current assets / Total current liabilities | 11.95 | 5.84 | 6.56 | 6.06 | 1.90 | 1.20 |
Current liabilities ratio Current liabilities ratio = Total current liabilities / Total current assets | 0.08 | 0.17 | 0.15 | 0.16 | 0.53 | 0.83 |
Liquid reserve level Liquid reserve level = (Total current assets - Total current liabilities) / (Total expenses / 12) | 6.06 | 2.21 | 2.50 | 2.56 | 0.89 | 0.25 |
Solvency ratios | Sector median | 2022 | 2021 | 2020 | 2019 | 2018 |
Liabilities ratio Liabilities ratio = Total liabilities / Total assets | 9% | 7% | 7% | 15% | 13% | 13% |
Debt ratio Debt ratio = Debt / Total assets | 0% | 3% | 4% | 11% | 5% | 1% |
Reserve coverage ratio Reserve coverage ratio = Net assets / Total expenses | 154% | 107% | 112% | 104% | 87% | 79% |
Financials
Balance sheet | |||||
Assets | 2022 | 2021 | 2020 | 2019 | 2018 |
Cash | $1,266,918 | $2,622,214 | $1,688,322 | $899,886 | ($485,077) |
Receivables, inventories, prepaids | $2,660,783 | $1,961,467 | $2,522,772 | $1,987,323 | $3,239,553 |
Short-term investments | $558,034 | $123,417 | $78,923 | $70,000 | $63,832 |
Other current assets | $0 | $0 | $0 | $0 | $0 |
Total current assets | $4,485,735 | $4,707,098 | $4,290,017 | $2,957,209 | $2,818,308 |
Long-term investments | $323,990 | $320,605 | $312,683 | $311,958 | $312,683 |
Fixed assets | $15,984,228 | $16,220,689 | $14,772,041 | $14,991,208 | $16,067,643 |
Other long-term assets | $2,475,646 | $1,819,998 | $1,092,227 | $733,781 | $1,162,151 |
Total long-term assets | $18,783,864 | $18,361,292 | $16,176,951 | $16,036,947 | $17,542,477 |
Total assets | $23,269,599 | $23,068,390 | $20,466,968 | $18,994,156 | $20,360,785 |
Liabilities | 2022 | 2021 | 2020 | 2019 | 2018 |
Payables and accrued expenses | $768,287 | $717,162 | $707,712 | $1,552,802 | $2,350,421 |
Other current liabilities | $0 | $0 | $0 | $0 | $0 |
Total current liabilities | $768,287 | $717,162 | $707,712 | $1,552,802 | $2,350,421 |
Debt | $796,897 | $844,710 | $2,328,629 | $940,338 | $208,348 |
Due to (from) affiliates | $0 | $0 | $0 | $0 | $0 |
Other long-term liabilities | $0 | $0 | $26,310 | $26,310 | $160,355 |
Total long-term liabilities | $796,897 | $844,710 | $2,354,939 | $966,648 | $368,703 |
Total liabilities | $1,565,184 | $1,561,872 | $3,062,651 | $2,519,450 | $2,719,124 |
Net assets | 2022 | 2021 | 2020 | 2019 | 2018 |
Without donor restrictions | $21,704,415 | $21,456,518 | $17,404,317 | $16,474,706 | $17,633,516 |
With donor restrictions | $0 | $50,000 | $0 | $0 | $8,145 |
Net assets | $21,704,415 | $21,506,518 | $17,404,317 | $16,474,706 | $17,641,661 |
Revenues and expenses | |||||
Revenue | 2022 | 2021 | 2020 | 2019 | 2018 |
Total contributions | $17,839,767 | $21,942,855 | $16,714,447 | $17,604,484 | $18,121,397 |
Program service revenue | $2,562,127 | $921,153 | $716,548 | $0 | $4,015,381 |
Membership dues | $0 | $0 | $0 | $0 | $0 |
Investment income | $5,801 | $215,274 | $2,557 | ($7,049) | $4,723 |
Other revenue | $64,577 | $134,914 | $275,993 | $211,530 | $315,547 |
Total other revenue | $2,632,505 | $1,271,341 | $995,098 | $204,481 | $4,335,651 |
Total revenue | $20,472,272 | $23,214,196 | $17,709,545 | $17,808,965 | $22,457,048 |
Expenses | 2022 | 2021 | 2020 | 2019 | 2018 |
Program services | $16,226,976 | $14,526,494 | $13,164,188 | $15,289,134 | $19,376,356 |
Management and general | $2,647,667 | $3,523,414 | $2,610,289 | $2,390,090 | $2,042,294 |
Fundraising | $1,331,893 | $1,094,540 | $1,000,134 | $1,302,864 | $1,019,086 |
Total expenses | $20,206,536 | $19,144,448 | $16,774,611 | $18,982,088 | $22,437,736 |
Change in net assets | 2022 | 2021 | 2020 | 2019 | 2018 |
Surplus (deficit) | $265,736 | $4,069,748 | $934,934 | ($1,173,123) | $19,312 |
Other changes in net assets | $0 | $0 | $0 | $0 | $0 |
Total change in net assets | $265,736 | $4,069,748 | $934,934 | ($1,173,123) | $19,312 |
Compensation
Name | Title | Compensation |
Dr Chad Audi | President | $280,417 |
Barbara Willis | COO | $105,611 |
Compensation data as of: 9/30/2022
Response from ministry
No response has been provided by this ministry.
The information below was provided to MinistryWatch by the ministry itself. It was last updated 4/26/2023. To update the information below, please email: [email protected]
History
1909 - The Detroit Rescue Mission was founded by David C. Stucky on February 14, 1909. The Mission was housed in an old poultry store, and in order to hold the first chapel service, Mr. Stucky had to beg for and borrow chairs for his guests. He did not have music for the service either, since he did not have the $30.00 needed to purchase an organ. Following a strong prompting from the Lord, Mr. Stucky went home. When he arrived, there was a letter waiting for him containing a donation of exactly $30.00. With a thankful heart, Mr. Stucky bought an organ that day, and was able to play for the Detroit Rescue Mission's first chapel service.
1918 - The growing Mission moved into slightly larger quarters. Thanksgiving and Christmas were very challenging for the Mission staff and volunteers. They worked in shifts for several days preparing bags of food to distribute to over 400 needy families.
For the full timeline, visit: https://drmm.org/about-us/history/