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
Transparency grade
A
To understand our transparency grade, click here.
Financial efficiency ratings
Sector: Rescue Missions/Homeless Shelters
| Category | Rating | Overall rank | Sector rank |
| Overall efficiency rating | | 1081 of 1106 | 139 of 140 |
| Fund acquisition rating | | 1013 of 1107 | 137 of 140 |
| Resource allocation rating | | 1073 of 1107 | 133 of 140 |
| Asset utilization rating | | 846 of 1106 | 118 of 140 |
Financial ratios
| Funding ratios | Sector median | 2022 | 2021 | 2020 | 2019 | 2018 |
Return on fundraising efforts Return on fundraising efforts = Fundraising expense / Total contributions | 11% | 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 ratios | Sector median | 2022 | 2021 | 2020 | 2019 | 2018 |
Program expense ratio Program expense ratio = Program services / Total expenses | 79% | 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 | 7% | -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 ratios | Sector median | 2022 | 2021 | 2020 | 2019 | 2018 |
Total asset turnover Total asset turnover = Total expenses / Total assets | 0.52 | 0.30 | 0.26 | 0.23 | 0.21 | 0.21 |
Degree of long-term investment Degree of long-term investment = Total assets / Total current assets | 2.80 | 2.86 | 2.70 | 3.06 | 3.37 | 3.46 |
Current asset turnover Current asset turnover = Total expenses / Total current assets | 1.69 | 0.86 | 0.70 | 0.70 | 0.71 | 0.71 |
| Liquidity ratios | Sector median | 2022 | 2021 | 2020 | 2019 | 2018 |
Current ratio Current ratio = Total current assets / Total current liabilities | 13.05 | 103.17 | 115.90 | 175.24 | 34.94 | 47.72 |
Current liabilities ratio Current liabilities ratio = Total current liabilities / Total current assets | 0.07 | 0.01 | 0.01 | 0.01 | 0.03 | 0.02 |
Liquid reserve level Liquid reserve level = (Total current assets - Total current liabilities) / (Total expenses / 12) | 6.30 | 13.90 | 17.08 | 17.01 | 16.36 | 16.44 |
| Solvency ratios | Sector median | 2022 | 2021 | 2020 | 2019 | 2018 |
Liabilities ratio Liabilities ratio = Total liabilities / Total assets | 8% | 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 | |||||
| Assets | 2022 | 2021 | 2020 | 2019 | 2018 |
| 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 |
| Liabilities | 2022 | 2021 | 2020 | 2019 | 2018 |
| 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 assets | 2022 | 2021 | 2020 | 2019 | 2018 |
| 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 | |||||
| Revenue | 2022 | 2021 | 2020 | 2019 | 2018 |
| 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 |
| Expenses | 2022 | 2021 | 2020 | 2019 | 2018 |
| 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 assets | 2022 | 2021 | 2020 | 2019 | 2018 |
| 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
| Name | Title | Compensation |
| Travis McNeal | Executive 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