Oliver Gospel Mission

The information on this page was last updated 2/22/2023. If you see errors or omissions, please email: [email protected]


Summary

Oliver Gospel is a community-based mission that helps those experiencing homelessness, poverty, or addiction transform their lives through physical, spiritual, and relational support so that they can lead full, healthy lives.

Through our Men's Center, Toby's Place (center for women and children), and our social enterprises, we provide holistic rehabilitation, transitional housing, and career development, always aiming for permanent housing and a solid community for each person who comes through our doors.


Contact information

Mailing address:
Oliver Gospel Mission
1100 Taylor St
Columbia, SC 29201

Website: olivergospel.org

Phone: 803-254-6470

Email: [email protected]


Organization details

EIN: 576027750

CEO/President: Travis McNeal

Chairman: Steve Lansburg

Board size: 12

Founder: Reverend Robert Oliver

Ruling year: 1967

Tax deductible: Yes

Fiscal year end: 09/30

Member of ECFA: Yes

Member of ECFA since: 2004


Purpose

Guiding those in need from desperation to transformation.


Mission statement

Oliver Gospel is engaging and transforming lives together through the power of Christ's love.


Statement of faith

God, the Almighty Father, who made the heaven and earth, is One God in three Persons: God the Father, God the Son, and God the Holy Spirit.

Jesus Christ, who died for our sins, is the Son of God. He was conceived by the Holy Spirit and born of a virgin. He was crucified under Pontius Pilate, was buried and rose again on the third day and now sits at the right hand of God from where He will come to judge the living and the dead.

The Holy Spirit is present in our lives as Christians and will guide and direct us in time of need, according to the will of the Father.

The Bible is the inspired Word of God, a revelation of Himself to humanity and is the instrument through which God speaks to us.

All people are born lost and separated from God, and can only be united with Him by the confession of sin and the acceptance of Jesus Christ as Savior.

Salvation is only by grace, a free gift of God, through faith in the Lord Jesus, who died for our sins. Those who receive Christ by faith have their sins forgiven and are made new creatures in Christ.

There will be a resurrection of the body and everlasting life.

Donor confidence score

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Transparency grade

A

To understand our transparency grade, click here.


Financial efficiency ratings

Sector: Rescue Missions/Homeless Shelters

CategoryRatingOverall rankSector rank
Overall efficiency rating1084 of 1110140 of 141
Fund acquisition rating1018 of 1111138 of 141
Resource allocation rating1070 of 1111134 of 141
Asset utilization rating828 of 1110117 of 141

Financial ratios

Funding ratiosSector median20222021202020192018
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
12%31%25%23%24%20%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
10%25%22%21%21%17%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
93%81%88%91%87%84%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
11%25%24%22%23%23%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
7%19%12%9%13%16%
 
Operating ratiosSector median20222021202020192018
Program expense ratio Program expense ratio =
Program services /
Total expenses
78%65%63%65%62%65%
Spending ratio Spending ratio =
Total expenses /
Total revenue
90%102%91%97%90%75%
Program output ratio Program output ratio =
Program services /
Total revenue
71%66%58%63%56%48%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
10%-2%9%3%10%25%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
6%-1%2%1%2%7%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
9%11%13%13%15%13%
 
Investing ratiosSector median20222021202020192018
Total asset turnover Total asset turnover =
Total expenses /
Total assets
0.520.300.260.230.210.21
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
2.862.862.703.063.373.46
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
1.690.860.700.700.710.71
 
Liquidity ratiosSector median20222021202020192018
Current ratio Current ratio =
Total current assets /
Total current liabilities
13.67103.17115.90175.2434.9447.72
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.070.010.010.010.030.02
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
6.4513.9017.0817.0116.3616.44
 
Solvency ratiosSector median20222021202020192018
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
9%3%3%4%3%3%
Debt ratio Debt ratio =
Debt /
Total assets
0%2%2%2%2%3%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
157%325%377%417%457%468%

Financials

Balance sheet
 
Assets20222021202020192018
Cash$4,254,417$4,303,196$3,886,544$3,327,311$3,060,322
Receivables, inventories, prepaids$168,892$251,519$38,466$77,780$106,072
Short-term investments$1,885,509$2,425,365$1,977,825$1,801,799$1,719,126
Other current assets$0$0$0$0$0
Total current assets$6,308,818$6,980,080$5,902,835$5,206,890$4,885,520
Long-term investments$0$0$0$0$0
Fixed assets$11,560,925$11,842,606$12,131,702$12,361,410$11,995,794
Other long-term assets$178,201$5,000$0$2$0
Total long-term assets$11,739,126$11,847,606$12,131,702$12,361,412$11,995,794
Total assets$18,047,944$18,827,686$18,034,537$17,568,302$16,881,314
 
Liabilities20222021202020192018
Payables and accrued expenses$61,150$60,227$33,684$149,012$102,382
Other current liabilities$0$0$0$0$0
Total current liabilities$61,150$60,227$33,684$149,012$102,382
Debt$348,430$371,762$393,995$414,923$434,828
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$80,001$50,870$353,388$33,104$13,426
Total long-term liabilities$428,431$422,632$747,383$448,027$448,254
Total liabilities$489,581$482,859$781,067$597,039$550,636
 
Net assets20222021202020192018
Without donor restrictions$16,417,148$17,115,007$15,690,805$15,055,229$14,064,718
With donor restrictions$1,141,215$1,229,820$1,562,665$1,916,034$2,265,960
Net assets$17,558,363$18,344,827$17,253,470$16,971,263$16,330,678
 
Revenues and expenses
 
Revenue20222021202020192018
Total contributions$4,289,779$4,669,581$3,904,527$3,557,787$3,935,891
Program service revenue$576,777$454,105$296,646$390,980$343,635
Membership dues$0$0$0$0$0
Investment income$131,662$120,639$63,706$41,022$118,071
Other revenue$274,979$70,568$24,717$112,802$277,571
Total other revenue$983,418$645,312$385,069$544,804$739,277
Total revenue$5,273,197$5,314,893$4,289,596$4,102,591$4,675,168
 
Expenses20222021202020192018
Program services$3,486,699$3,062,058$2,692,326$2,295,734$2,254,031
Management and general$568,993$611,911$557,093$567,880$437,199
Fundraising$1,339,604$1,188,243$890,297$846,392$799,099
Total expenses$5,395,296$4,862,212$4,139,716$3,710,006$3,490,329
 
Change in net assets20222021202020192018
Surplus (deficit)($122,099)$452,681$149,880$392,585$1,184,839
Other changes in net assets$0$0$0$0$0
Total change in net assets($122,099)$452,681$149,880$392,585$1,184,839

Compensation

NameTitleCompensation
Travis McNealExecutive Dir.$143,216

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 2/22/2023. To update the information below, please email: [email protected]


History

Oliver Gospel has been serving the Midlands since 1888 through our Christ-centered ministries. As we seek to meet some of the physical needs of people experiencing homelessness in our city, we also impact them with the love of Christ.

For a timeline, visit: https://www.olivergospel.org/our-history


Program accomplishments


Needs