Springfield Rescue Mission
The information on this page was last updated 12/21/2023. If you see errors or omissions, please email: [email protected]
Summary
The Springfield Rescue Mission is one of the oldest local human service agencies, serving the Greater Springfield area since 1892. The Springfield Rescue Mission (SRM) is a leader in meeting the needs of the poor and homeless in Greater Springfield. SRM began as a community outreach ministry located over a laundry facility on Stanford Street in Springfield, MA in 1892. SRM continues today to provide the homeless and low-income with services to meet their most basic needs and is a safe place of refuge - all free of charge and without direct government assistance.
Contact information
Mailing address:
Springfield Rescue Mission
10 Mill Street
PO Box 9045
Springfield, MA 01102-9045
Website: www.springfieldrescuemission.org
Phone: (413) 732-0808
Email: [email protected]
Organization details
EIN: 521047790
CEO/President: Kevin Ramsdell
Chairman: Robert Blakeslee
Board size: 6
Founder: Julius Cummings
Ruling year: 1963
Tax deductible: Yes
Fiscal year end: 05/31
Member of ECFA: Yes
Member of ECFA since: 1990
Purpose
As an Emergency Shelter, Mobile Feeding Program, Rehabilitation/Transformation Center and Transitional Living Facility, SRM provides food, shelter, clothing, medical attention, Christian counseling, literacy training and advocacy - free of charge. These programs help individuals take meaningful steps toward becoming responsible and productive members of the community.
Mission statement
The goal of the Springfield Rescue Mission since 1892 is to meet the physical and spiritual needs of the hungry, homeless, addicted and poor by introducing them to Christ and helping them apply the Word of God to every area of their lives.
Statement of faith
Donor confidence score
Show donor confidence score detailsTransparency grade
A
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Financial efficiency ratings
Sector: Rescue Missions/Homeless Shelters
Category | Rating | Overall rank | Sector rank |
Overall efficiency rating | 13 of 1118 | 2 of 141 | |
Fund acquisition rating | 168 of 1119 | 10 of 141 | |
Resource allocation rating | 23 of 1119 | 4 of 141 | |
Asset utilization rating | 30 of 1118 | 3 of 141 |
Financial ratios
Funding ratios | Sector median | 2023 | 2022 | 2021 | 2020 | 2019 |
Return on fundraising efforts Return on fundraising efforts = Fundraising expense / Total contributions | 12% | 4% | 4% | 5% | 9% | 8% |
Fundraising cost ratio Fundraising cost ratio = Fundraising expense / Total revenue | 10% | 4% | 4% | 5% | 9% | 8% |
Contributions reliance Contributions reliance = Total contributions / Total revenue | 93% | 100% | 100% | 95% | 99% | 100% |
Fundraising expense ratio Fundraising expense ratio = Fundraising expense / Total expenses | 11% | 4% | 4% | 5% | 9% | 8% |
Other revenue reliance Other revenue reliance = Total other revenue / Total revenue | 7% | 0% | 0% | 5% | 1% | 0% |
Operating ratios | Sector median | 2023 | 2022 | 2021 | 2020 | 2019 |
Program expense ratio Program expense ratio = Program services / Total expenses | 78% | 93% | 91% | 89% | 82% | 82% |
Spending ratio Spending ratio = Total expenses / Total revenue | 93% | 101% | 94% | 92% | 97% | 99% |
Program output ratio Program output ratio = Program services / Total revenue | 73% | 94% | 86% | 83% | 80% | 82% |
Savings ratio Savings ratio = Surplus (deficit) / Total revenue | 7% | -1% | 6% | 8% | 3% | 1% |
Reserve accumulation rate Reserve accumulation rate = Surplus (deficit) / Net assets | 5% | -6% | 32% | 42% | 14% | 3% |
General and admin ratio General and admin ratio = Management and general expense / Total expenses | 9% | 4% | 4% | 5% | 9% | 10% |
Investing ratios | Sector median | 2023 | 2022 | 2021 | 2020 | 2019 |
Total asset turnover Total asset turnover = Total expenses / Total assets | 0.53 | 5.97 | 4.67 | 4.99 | 3.66 | 4.44 |
Degree of long-term investment Degree of long-term investment = Total assets / Total current assets | 2.85 | 1.67 | 1.64 | 2.24 | 3.78 | 9.32 |
Current asset turnover Current asset turnover = Total expenses / Total current assets | 1.74 | 9.98 | 7.64 | 11.19 | 13.84 | 41.42 |
Liquidity ratios | Sector median | 2023 | 2022 | 2021 | 2020 | 2019 |
Current ratio Current ratio = Total current assets / Total current liabilities | 11.95 | 58.73 | 55.02 | 29.03 | 14.00 | 2.08 |
Current liabilities ratio Current liabilities ratio = Total current liabilities / Total current assets | 0.08 | 0.02 | 0.02 | 0.03 | 0.07 | 0.48 |
Liquid reserve level Liquid reserve level = (Total current assets - Total current liabilities) / (Total expenses / 12) | 6.06 | 1.18 | 1.54 | 1.04 | 0.81 | 0.15 |
Solvency ratios | Sector median | 2023 | 2022 | 2021 | 2020 | 2019 |
Liabilities ratio Liabilities ratio = Total liabilities / Total assets | 9% | 3% | 3% | 4% | 22% | 15% |
Debt ratio Debt ratio = Debt / Total assets | 0% | 0% | 0% | 0% | 14% | 3% |
Reserve coverage ratio Reserve coverage ratio = Net assets / Total expenses | 154% | 16% | 21% | 19% | 21% | 19% |
Financials
Balance sheet | |||||
Assets | 2023 | 2022 | 2021 | 2020 | 2019 |
Cash | $1,043,489 | $1,215,285 | $1,009,788 | $405,912 | $99,098 |
Receivables, inventories, prepaids | $46,691 | $43,427 | $57,004 | $49,140 | $45,356 |
Short-term investments | $853,461 | $892,714 | $5,743 | $0 | $1,057 |
Other current assets | $0 | $0 | $0 | $0 | $0 |
Total current assets | $1,943,641 | $2,151,426 | $1,072,535 | $455,052 | $145,511 |
Long-term investments | $0 | $0 | $0 | $0 | $0 |
Fixed assets | $1,307,000 | $1,366,710 | $1,332,748 | $1,237,002 | $1,210,570 |
Other long-term assets | $0 | $0 | $0 | $26,408 | $0 |
Total long-term assets | $1,307,000 | $1,366,710 | $1,332,748 | $1,263,410 | $1,210,570 |
Total assets | $3,250,641 | $3,518,136 | $2,405,283 | $1,718,462 | $1,356,081 |
Liabilities | 2023 | 2022 | 2021 | 2020 | 2019 |
Payables and accrued expenses | $33,093 | $39,100 | $36,941 | $32,512 | $69,807 |
Other current liabilities | $0 | $0 | $0 | $0 | $0 |
Total current liabilities | $33,093 | $39,100 | $36,941 | $32,512 | $69,807 |
Debt | $0 | $0 | $0 | $245,729 | $43,654 |
Due to (from) affiliates | $0 | $0 | $0 | $0 | $0 |
Other long-term liabilities | $67,500 | $65,971 | $48,784 | $105,760 | $93,056 |
Total long-term liabilities | $67,500 | $65,971 | $48,784 | $351,489 | $136,710 |
Total liabilities | $100,593 | $105,071 | $85,725 | $384,001 | $206,517 |
Net assets | 2023 | 2022 | 2021 | 2020 | 2019 |
Without donor restrictions | $2,099,419 | $2,413,065 | $2,319,558 | $1,314,861 | $1,149,564 |
With donor restrictions | $1,050,629 | $1,000,000 | $0 | $19,600 | $0 |
Net assets | $3,150,048 | $3,413,065 | $2,319,558 | $1,334,461 | $1,149,564 |
Revenues and expenses | |||||
Revenue | 2023 | 2022 | 2021 | 2020 | 2019 |
Total contributions | $19,172,498 | $17,591,491 | $12,363,920 | $6,418,929 | $6,053,707 |
Program service revenue | $0 | $0 | $0 | $0 | $0 |
Membership dues | $0 | $0 | $0 | $0 | $0 |
Investment income | $24,301 | ($112,051) | $96,373 | $796 | $19 |
Other revenue | $0 | $61,333 | $529,345 | $61,283 | $12,606 |
Total other revenue | $24,301 | ($50,718) | $625,718 | $62,079 | $12,625 |
Total revenue | $19,196,799 | $17,540,773 | $12,989,638 | $6,481,008 | $6,066,332 |
Expenses | 2023 | 2022 | 2021 | 2020 | 2019 |
Program services | $17,989,597 | $15,039,016 | $10,740,940 | $5,171,184 | $4,955,498 |
Management and general | $684,467 | $708,399 | $624,380 | $573,242 | $585,738 |
Fundraising | $722,639 | $699,851 | $639,221 | $551,685 | $486,011 |
Total expenses | $19,396,703 | $16,447,266 | $12,004,541 | $6,296,111 | $6,027,247 |
Change in net assets | 2023 | 2022 | 2021 | 2020 | 2019 |
Surplus (deficit) | ($199,904) | $1,093,507 | $985,097 | $184,897 | $39,085 |
Other changes in net assets | $0 | $0 | $0 | $0 | $0 |
Total change in net assets | ($199,904) | $1,093,507 | $985,097 | $184,897 | $39,085 |
Compensation
Name | Title | Compensation |
Kevin Ramsdell | Executive Di | $102,220 |
Compensation data as of: 5/31/2023
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 12/21/2023. To update the information below, please email: [email protected]
History
The Springfield Rescue Mission, established in 1892 under the leadership of former Salvation Army Captain Julius Cummings is one of the oldest human service agencies in Greater Springfield, MA. Over the years, the Rescue Mission has faced leadership and organizational changes, giving it an interesting history of survival.
In its early years, the Springfield Rescue Mission was a strong Christian-based organization, focusing on feeding, sheltering and clothing men living on the streets or traveling from town to town. For the most part, these were men who had abandoned their families and were addicted to alcohol. The Rescue Mission, then and now, reaches out to the least, the last and the lost - meeting physical and spiritual needs through the presentation of the Gospel, relying on God through the public to support the life-sustaining and life-transforming programs.
In 1962, The Springfield Rescue Mission purchased the former Y.W.C.A. building on 19 Bliss Street, Springfield and continued to minister to homeless mend in the grips of addition. Ron Willoughby began serving as executive director/CEO in 1987. He began his ministry by establishing our residential rehabilitation/transformation program called "Men's New Life Program" at 19 Bliss Street, Springfield and soon after he implemented the Rescue Missions mobile street feeding program called "Operation SONshine". Over the next decade Rod oversaw the implementation of many vital parts of the Springfield Rescue Mission ministries. Clothing and Give Away Center (1989), Prison Ministry and Detox Bible Study (1990), Learning Center (1995).
In 1997, the Springfield Rescue Mission acquired the 148 Taylor Street, Springfield, property, expanding the ministry to offer 43 Emergency Shelter beds. In 2002 the 2nd floor of the Taylor Street facility was dedicated to the Transitional Living Program, which is an extension of the Men's New Life Rehabilitation Program.
In 2014, it was announced that a casino be built in Springfield and the Rescue Mission would need to vacate the two Bliss Street buildings. Even before the casino was even proposed for Springfield, the need for a larger, more modern facility within the South End was necessary to better meet the needs of the hungry, homeless, addicted, and poor in our communities we serve. The former Orr Cadillac facility was the only site that truly fit the necessary requirements. In December 2015, the Rescue Mission officially vacated 15 and 19 Bliss Street to call 10 Mill Street, Springfield home to the Rehabilitation/Transformation Program, Give Away Center and Business Offices.
The Springfield Rescue Mission has been providing 125+ years of service to the homeless, addicted and poor. Although the Rescue Mission experienced many changes over the years, it remains a Christ-centered organization, reaching out and touching lives with the Gospel of Jesus Christ and the determination to seek God's will for its future. Men, women and children seek the many services provided at the Rescue Mission daily.
1892 - This ministry began over a laundry on Stanford Street on September 15
1900's - Fanny Crosby, a famous hymn writer ministered here
1927 - Celebrated 35 years of ministry with the Superintendent Alexander of the Water Street Mission, as guest speaker
1962 - Purchased the former Y.W.C.A. building at 19 Bliss Street
1974 - Became a member of the Association of Gospel Rescue Missions
1988 - Two programs established: Operation SONshine (Mobile Feeding Program), Men's New Life Program
1989 - Two programs established: Children's Summer Ministry, Opened Give Away Center to men, women and children
1990 - Three programs established: Membership in E.C.F.A. Prison Ministry, Detox Bible Study
1994 - "Growing Together Toward Excellence" Certification with the Association of Gospel Rescue Missions (AGRM)
1995 - Learning center established
1997 - Springfield Rescue Mission obtained building at 148 Taylor Street, Springfield
2000 - Kitchen renovation completed at 19 Bliss Street
2002 - Two programs established: Emergency Shelter expansion at Taylor Street, Transitional Living Program
2004 - Renewal of "Growing Together Toward Excellence" Certification with AGRM
2006 - New Development Office implemented at 19 Bliss Street
2015 - Springfield Rescue Mission obtained former Orr Cadillac building and vacated Bliss Street properties
2020 - Became a member of "The Gospel Rescue Mission Fellowship"
Future Vision - Women/children's shelter ministry and Food distribution center
Program accomplishments
In 2022 your gifts provided:
77,800 in-house Meals Served
2,423,628 Community Outreach Meals
19,131 shelter beds
135,113 items of clothing