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

Show donor confidence score details

Transparency grade

A

To understand our transparency grade, click here.


Financial efficiency ratings

Sector: Rescue Missions/Homeless Shelters

CategoryRatingOverall rankSector rank
Overall efficiency rating243 of 111237 of 141
Fund acquisition rating850 of 1113113 of 141
Resource allocation rating82 of 111310 of 141
Asset utilization rating191 of 111224 of 141

Financial ratios

Funding ratiosSector median20232022202120202019
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
12%18%15%9%13%17%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
10%17%15%10%13%17%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
93%98%100%111%100%100%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
11%11%19%18%16%17%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
7%2%0%-11%0%0%
 
Operating ratiosSector median20232022202120202019
Program expense ratio Program expense ratio =
Program services /
Total expenses
78%85%73%74%76%74%
Spending ratio Spending ratio =
Total expenses /
Total revenue
90%161%80%58%82%99%
Program output ratio Program output ratio =
Program services /
Total revenue
71%136%58%43%62%73%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
10%-61%20%42%18%1%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
6%-45%11%35%17%1%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
9%4%9%9%8%9%
 
Investing ratiosSector median20232022202120202019
Total asset turnover Total asset turnover =
Total expenses /
Total assets
0.521.070.430.470.700.85
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
2.862.421.771.422.032.85
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
1.692.580.750.671.432.41
 
Liquidity ratiosSector median20232022202120202019
Current ratio Current ratio =
Total current assets /
Total current liabilities
13.674.0010.1423.2616.3412.37
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.070.250.100.040.060.08
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
6.453.4914.3717.187.894.57
 
Solvency ratiosSector median20232022202120202019
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
9%10%6%3%8%3%
Debt ratio Debt ratio =
Debt /
Total assets
0%0%0%0%0%0%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
157%84%222%206%131%115%

Financials

Balance sheet
 
Assets20232022202120202019
Cash$7,386,888$15,710,444$14,868,170$8,674,140$5,875,918
Receivables, inventories, prepaids$3,935,643$5,707,857$8,066,198$2,215,440$218,437
Short-term investments$0$0$0$2,075$28,990
Other current assets$0$0$0$0$0
Total current assets$11,322,531$21,418,301$22,934,368$10,891,655$6,123,345
Long-term investments$0$0$0$0$0
Fixed assets$7,076,626$15,832,605$9,118,153$10,788,970$10,920,922
Other long-term assets$9,031,384$565,978$441,472$425,417$423,880
Total long-term assets$16,108,010$16,398,583$9,559,625$11,214,387$11,344,802
Total assets$27,430,541$37,816,884$32,493,993$22,106,042$17,468,147
 
Liabilities20232022202120202019
Payables and accrued expenses$2,787,225$2,057,691$967,631$663,961$479,637
Other current liabilities$45,000$55,000$18,500$2,500$15,200
Total current liabilities$2,832,225$2,112,691$986,131$666,461$494,837
Debt$0$0$0$0$0
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$0$0$0$1,038,456$0
Total long-term liabilities$0$0$0$1,038,456$0
Total liabilities$2,832,225$2,112,691$986,131$1,704,917$494,837
 
Net assets20232022202120202019
Without donor restrictions$20,991,569$28,736,670$19,369,948$17,188,082$16,498,054
With donor restrictions$3,606,747$6,967,523$12,137,914$3,213,043$475,256
Net assets$24,598,316$35,704,193$31,507,862$20,401,125$16,973,310
 
Revenues and expenses
 
Revenue20232022202120202019
Total contributions$17,918,826$20,183,929$29,284,734$18,947,507$14,888,240
Program service revenue$0$0$0$0$0
Membership dues$0$0$0$0$0
Investment income$313,835$79,412($2,754,822)$100,432$116,283
Other revenue($29,574)($75,482)($111,487)($60,839)($69,266)
Total other revenue$284,261$3,930($2,866,309)$39,593$47,017
Total revenue$18,203,087$20,187,859$26,418,425$18,987,100$14,935,257
 
Expenses20232022202120202019
Program services$24,776,141$11,756,125$11,295,291$11,803,568$10,914,131
Management and general$1,293,349$1,374,993$1,345,054$1,270,560$1,291,400
Fundraising$3,164,880$2,984,916$2,687,398$2,486,694$2,573,548
Total expenses$29,234,370$16,116,034$15,327,743$15,560,822$14,779,079
 
Change in net assets20232022202120202019
Surplus (deficit)($11,031,283)$4,071,825$11,090,682$3,426,278$156,178
Other changes in net assets$0$0$0$0$0
Total change in net assets($11,031,283)$4,071,825$11,090,682$3,426,278$156,178

Compensation

NameTitleCompensation
Glenn CranfieldPres/CEO$241,984
Carrie GatlinVP of Ministries$139,474
Michael MorganVP of Finance$136,767
Cheryl ChunnVP of Development$128,413
Mary DeloachVP of HR$121,625

Compensation data as of: 9/30/2023


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