Nashville Rescue Mission

The information on this page was last updated 7/6/2023. If you see errors or omissions, please email: [email protected]


Summary

Nashville Rescue Mission is a Christ-centered community committed to helping the hungry, homeless, and hurting by providing programs and services that focus on a person's entire life-physical, mental, spiritual, emotional, and social. We are devoted to restoring the whole person through a Christian approach that helps the homeless and addicted learn how much God loves them and gain the biblical insight they need to lead a productive life in and for Christ.


Contact information

Mailing address:
Nashville Rescue Mission
639 Lafayette Street
Nashville, TN 37203

Website: nashvillerescuemission.org

Phone: 615-255-2475

Email: [email protected]


Organization details

EIN: 452424130

CEO/President: Rev. Glenn Cranfield

Chairman: Leellen Phillips

Board size: 21

Founder: Dr. Charles Fuller

Ruling year: 2011

Tax deductible: Yes

Fiscal year end: 09/30

Member of ECFA: Yes

Member of ECFA since: 1988


Purpose

Nashville Rescue Mission gives life transformational hope to everyone who walks through our doors. It's why we say, "Hope Lives Here!"


Mission statement

Providing hope for today, hope for tomorrow, and hope for eternity to the hungry, homeless, and hurting.


Statement of faith

We believe the Bible to be the eternally inspired, the only authoritative, inerrant, and infallible Word of God.

We believe there is one God, eternally existent in three persons-Father, Son, and Holy Spirit.

We believe in the Deity of Christ, His virgin birth, His sinless life, His miracles, His vicarious and atoning death, His resurrection, His ascension to the right hand of God the Father, His present reign and His personal return in power and glory.

We believe in the absolute necessity of regeneration by the Holy Spirit for salvation because of the exceeding sinfulness of human nature, and that men are justified before God on the single ground of faith in the shed blood of Christ and that only by God's grace through faith alone are we reconciled to God and thereby receive eternal life.

We believe God offers redemption and restoration to all who confess and turn from their sin, seeking His mercy and forgiveness through Jesus Christ.

We believe in the present ministry of the Holy Spirit, whose indwelling enables the Christian to live a godly life.

We believe in the spiritual unity of all true believers in our Lord Jesus Christ and that together they form one Body, the Church.

Donor confidence score

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Transparency grade

A

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Financial efficiency ratings

Sector: Rescue Missions/Homeless Shelters

CategoryRatingOverall rankSector rank
Overall efficiency rating878 of 1102110 of 140
Fund acquisition rating742 of 1103101 of 140
Resource allocation rating882 of 1103103 of 140
Asset utilization rating611 of 110277 of 140

Financial ratios

Funding ratiosSector median20222021202020192018
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
12%15%9%13%17%17%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
10%15%10%13%17%17%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
93%100%111%100%100%100%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
11%19%18%16%17%17%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
7%0%-11%0%0%0%
 
Operating ratiosSector median20222021202020192018
Program expense ratio Program expense ratio =
Program services /
Total expenses
79%73%74%76%74%73%
Spending ratio Spending ratio =
Total expenses /
Total revenue
89%80%58%82%99%100%
Program output ratio Program output ratio =
Program services /
Total revenue
70%58%43%62%73%73%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
11%20%42%18%1%0%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
7%11%35%17%1%0%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
9%9%9%8%9%10%
 
Investing ratiosSector median20222021202020192018
Total asset turnover Total asset turnover =
Total expenses /
Total assets
0.520.430.470.700.850.82
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
2.671.771.422.032.853.06
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
1.670.750.671.432.412.49
 
Liquidity ratiosSector median20222021202020192018
Current ratio Current ratio =
Total current assets /
Total current liabilities
12.7310.1423.2616.3412.3710.03
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.070.100.040.060.080.10
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
6.4614.3717.187.894.574.33
 
Solvency ratiosSector median20222021202020192018
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
8%6%3%8%3%3%
Debt ratio Debt ratio =
Debt /
Total assets
1%0%0%0%0%0%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
160%222%206%131%115%119%

Financials

Balance sheet
 
Assets20222021202020192018
Cash$15,710,444$14,868,170$8,674,140$5,875,918$5,440,298
Receivables, inventories, prepaids$5,707,857$8,066,198$2,215,440$218,437$210,983
Short-term investments$0$0$2,075$28,990$28,824
Other current assets$0$0$0$0$0
Total current assets$21,418,301$22,934,368$10,891,655$6,123,345$5,680,105
Long-term investments$0$0$0$0$0
Fixed assets$15,832,605$9,118,153$10,788,970$10,920,922$11,279,374
Other long-term assets$565,978$441,472$425,417$423,880$428,104
Total long-term assets$16,398,583$9,559,625$11,214,387$11,344,802$11,707,478
Total assets$37,816,884$32,493,993$22,106,042$17,468,147$17,387,583
 
Liabilities20222021202020192018
Payables and accrued expenses$2,057,691$967,631$663,961$479,637$510,225
Other current liabilities$55,000$18,500$2,500$15,200$56,002
Total current liabilities$2,112,691$986,131$666,461$494,837$566,227
Debt$0$0$0$0$0
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$0$0$1,038,456$0$0
Total long-term liabilities$0$0$1,038,456$0$0
Total liabilities$2,112,691$986,131$1,704,917$494,837$566,227
 
Net assets20222021202020192018
Without donor restrictions$28,736,670$19,369,948$17,188,082$16,498,054$16,178,129
With donor restrictions$6,967,523$12,137,914$3,213,043$475,256$643,227
Net assets$35,704,193$31,507,862$20,401,125$16,973,310$16,821,356
 
Revenues and expenses
 
Revenue20222021202020192018
Total contributions$20,183,929$29,284,734$18,947,507$14,888,240$14,171,338
Program service revenue$0$0$0$0$0
Membership dues$0$0$0$0$0
Investment income$79,412($2,754,822)$100,432$116,283$145,179
Other revenue($75,482)($111,487)($60,839)($69,266)($75,123)
Total other revenue$3,930($2,866,309)$39,593$47,017$70,056
Total revenue$20,187,859$26,418,425$18,987,100$14,935,257$14,241,394
 
Expenses20222021202020192018
Program services$11,756,125$11,295,291$11,803,568$10,914,131$10,380,290
Management and general$1,374,993$1,345,054$1,270,560$1,291,400$1,397,234
Fundraising$2,984,916$2,687,398$2,486,694$2,573,548$2,393,943
Total expenses$16,116,034$15,327,743$15,560,822$14,779,079$14,171,467
 
Change in net assets20222021202020192018
Surplus (deficit)$4,071,825$11,090,682$3,426,278$156,178$69,927
Other changes in net assets$0$0$0$0$0
Total change in net assets$4,071,825$11,090,682$3,426,278$156,178$69,927

Compensation

NameTitleCompensation
Glenn CranfieldPres/CEO$216,346
Carrie GatlinVP of Ministries$112,550
Michael MorganVP of Finance$110,551
Cheryl ChunnVP of Development$109,125
Mary DeloachVP of HR$104,240

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 7/6/2023. To update the information below, please email: [email protected]


History

Established in 1954, the Mission first opened its doors to provide food, clothing, and shelter to homeless men in Nashville. In 1968, services were expanded to include women and children. Today, the Mission serves over 800 men, women, and children on a daily basis. We are driven by the desire to share the Gospel, and we strive each day to spread this unending message of hope.


Program accomplishments

n 2022, $.73 of every dollar spent went to benefit those who are hungry, hurting, and experiencing homelessness in our community


Needs