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.

Transparency grade

A

To understand our transparency grade, click here.


Financial efficiency ratings

Sector: Rescue Missions/Homeless Shelters

CategoryRatingOverall rankSector rank
Overall efficiency rating1069 of 1094160 of 161
Fund acquisition rating983 of 1097155 of 161
Resource allocation rating1031 of 1097152 of 161
Asset utilization rating880 of 1094145 of 161

Financial ratios

Funding ratiosSector median20202019201820172015
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
9%23%24%20%20%7%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
8%21%21%17%18%6%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
93%91%87%84%91%87%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
10%22%23%23%23%18%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
7%9%13%16%9%13%
 
Operating ratiosSector median20202019201820172015
Program expense ratio Program expense ratio =
Program services /
Total expenses
79%65%62%65%64%71%
Spending ratio Spending ratio =
Total expenses /
Total revenue
86%97%90%75%79%33%
Program output ratio Program output ratio =
Program services /
Total revenue
68%63%56%48%50%24%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
14%3%10%25%21%67%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
12%1%2%7%6%43%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
9%13%15%13%13%11%
 
Investing ratiosSector median20202019201820172015
Total asset turnover Total asset turnover =
Total expenses /
Total assets
0.550.230.210.210.220.20
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
2.843.063.373.464.261.48
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
1.570.700.710.710.920.30
 
Liquidity ratiosSector median20202019201820172015
Current ratio Current ratio =
Total current assets /
Total current liabilities
14.43175.2434.9447.7253.6369.25
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.070.010.030.020.020.01
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
6.7017.0116.3616.4412.8039.19
 
Solvency ratiosSector median20202019201820172015
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
8%4%3%3%3%5%
Debt ratio Debt ratio =
Debt /
Total assets
1%2%2%3%3%4%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
154%417%457%468%447%465%

Financials

Balance sheet
 
Assets20202019201820172015
Cash$3,886,544$3,327,311$3,060,322$1,713,373$2,639,299
Receivables, inventories, prepaids$38,466$77,780$106,072$351,159$4,737,429
Short-term investments$1,977,825$1,801,799$1,719,126$1,618,016$1,317,482
Other current assets$0$0$0$0$0
Total current assets$5,902,835$5,206,890$4,885,520$3,682,548$8,694,210
Long-term investments$0$0$0$0$0
Fixed assets$12,131,702$12,361,410$11,995,794$12,008,186$4,150,287
Other long-term assets$0$2$0$0$1
Total long-term assets$12,131,702$12,361,412$11,995,794$12,008,186$4,150,288
Total assets$18,034,537$17,568,302$16,881,314$15,690,734$12,844,498
 
Liabilities20202019201820172015
Payables and accrued expenses$33,684$149,012$102,382$68,670$125,544
Other current liabilities$0$0$0$0$0
Total current liabilities$33,684$149,012$102,382$68,670$125,544
Debt$393,995$414,923$434,828$452,939$495,362
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$353,388$33,104$13,426$23,286$20,727
Total long-term liabilities$747,383$448,027$448,254$476,225$516,089
Total liabilities$781,067$597,039$550,636$544,895$641,633
 
Net assets20202019201820172015
Without donor restrictions$15,690,805$15,055,229$14,064,718$13,954,292$5,600,899
With donor restrictions$1,562,665$1,916,034$2,265,960$1,191,547$6,601,966
Net assets$17,253,470$16,971,263$16,330,678$15,145,839$12,202,865
 
Revenues and expenses
 
Revenue20202019201820172015
Total contributions$3,904,527$3,557,787$3,935,891$3,916,161$6,810,300
Program service revenue$296,646$390,980$343,635$273,921$349,687
Membership dues$0$0$0$0$0
Investment income$63,706$41,022$118,071$61,410$98,498
Other revenue$24,717$112,802$277,571$49,662$582,880
Total other revenue$385,069$544,804$739,277$384,993$1,031,065
Total revenue$4,289,596$4,102,591$4,675,168$4,301,154$7,841,365
 
Expenses20202019201820172015
Program services$2,692,326$2,295,734$2,254,031$2,165,541$1,869,687
Management and general$557,093$567,880$437,199$429,854$292,713
Fundraising$890,297$846,392$799,099$793,444$461,419
Total expenses$4,139,716$3,710,006$3,490,329$3,388,839$2,623,819
 
Change in net assets20202019201820172015
Surplus (deficit)$149,880$392,585$1,184,839$912,315$5,217,546
Other changes in net assets$0$0$0$0$0
Total change in net assets$149,880$392,585$1,184,839$912,315$5,217,546

Compensation

NameTitleCompensation
Wayne FieldsPrior Pres/CFO$145,267
Lauren EckstromCFO$34,818

Compensation data as of: 9/30/2019


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