Valley Rescue Mission
The information on this page was last updated 1/11/2024. If you see errors or omissions, please email: [email protected]
Summary
Since 1963, Valley Rescue Mission has provided emergency shelter and meals for the homeless, substance abuse recovery programs, and community outreach to the less fortunate in the Chattahoochee Valley region.
Contact information
Mailing address:
Valley Rescue Mission
P.O. Box 1232
Columbus, GA 31902
Website: valleyrescuemission.org
Phone: 706-322-8267
Email: [email protected]
Organization details
EIN: 580908148
CEO/President: Mike Gaymon
Chairman: Dr. Robert Cartwright
Board size: 9
Founder: Christian businessmen
Ruling year: 1964
Tax deductible: Yes
Fiscal year end: 06/30
Member of ECFA: No
Member of ECFA since:
Purpose
To guide those we serve to become productive citizens in their home, church, and community by building their lives on the foundation of Jesus Christ. Our desire is to serve these men, women, and children by providing for their physical needs, promoting personal development and presenting them with the opportunity for life change through a personal relationship with Jesus Christ as their Lord and Savior.
Mission statement
To exalt the name of the Lord Jesus Christ through spiritual, educational, and charitable means directed toward those in spiritual and economic need.
Statement of faith
I believe in one God, eternally existing as Father, Son, and Holy Spirit.
I believe in the Virgin birth and absolute Deity of Jesus Christ.
I believe that Jesus Christ died on a cross as a substitutionary sacrifice for our sins and that His shed blood is the only means for the remission of sins.
I affirm the Divine inspirations, truthfulness and authority of both Old and New Testament Scriptures in their entirety as the only written word of God, without error in all that it affirms (including what it teaches concerning history , the Cosmos, and moral absolutes) and is the only infallible rule of faith and practice.
I believe that man was created in God's image; man sinned as recorded in Genesis, causing physical and spiritual death.
I believe that Jesus Christ was resurrected bodily from the tomb, and that His personal bodily return to earth will be in power and glory.
I believe that sin had its origin in Adam and as a result, the entire human race is born with a sinful nature and is spiritually dead.
I believe that when a person receives the Lord Jesus Christ by faith, the Holy Spirit regenerates that person and they are born again into the family of God, and through this new birth, they receive the gift of eternal life.
I believe that those who believe on the Lord Jesus are saved and the process of sanctification (being set apart unto a holy life) begins by the work and power of the Holy Spirit in that life.
I believe in a future Heaven for the saved and that it is not obtained as a result of good works, but by grace. I believe in the maintaining of good works and holy living as a result of salvation.
Donor confidence score
Show donor confidence score detailsTransparency grade
D
To understand our transparency grade, click here.
Financial efficiency ratings
Sector: Rescue Missions/Homeless Shelters
Category | Rating | Overall rank | Sector rank |
Overall efficiency rating | 687 of 1118 | 81 of 141 | |
Fund acquisition rating | 404 of 1119 | 45 of 141 | |
Resource allocation rating | 482 of 1119 | 58 of 141 | |
Asset utilization rating | 992 of 1118 | 129 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% | 8% | 12% | 4% | 4% | 8% |
Fundraising cost ratio Fundraising cost ratio = Fundraising expense / Total revenue | 10% | 4% | 5% | 2% | 2% | 3% |
Contributions reliance Contributions reliance = Total contributions / Total revenue | 93% | 56% | 43% | 42% | 50% | 37% |
Fundraising expense ratio Fundraising expense ratio = Fundraising expense / Total expenses | 11% | 5% | 6% | 2% | 2% | 3% |
Other revenue reliance Other revenue reliance = Total other revenue / Total revenue | 7% | 44% | 57% | 58% | 50% | 63% |
Operating ratios | Sector median | 2023 | 2022 | 2021 | 2020 | 2019 |
Program expense ratio Program expense ratio = Program services / Total expenses | 78% | 81% | 85% | 85% | 86% | 84% |
Spending ratio Spending ratio = Total expenses / Total revenue | 93% | 88% | 92% | 96% | 100% | 111% |
Program output ratio Program output ratio = Program services / Total revenue | 73% | 71% | 78% | 82% | 86% | 93% |
Savings ratio Savings ratio = Surplus (deficit) / Total revenue | 7% | 12% | 8% | 4% | 0% | -11% |
Reserve accumulation rate Reserve accumulation rate = Surplus (deficit) / Net assets | 5% | 6% | 4% | 1% | 0% | -4% |
General and admin ratio General and admin ratio = Management and general expense / Total expenses | 9% | 15% | 10% | 13% | 12% | 13% |
Investing ratios | Sector median | 2023 | 2022 | 2021 | 2020 | 2019 |
Total asset turnover Total asset turnover = Total expenses / Total assets | 0.53 | 0.40 | 0.38 | 0.32 | 0.30 | 0.32 |
Degree of long-term investment Degree of long-term investment = Total assets / Total current assets | 2.85 | 7.21 | 9.13 | 13.30 | 15.02 | 27.51 |
Current asset turnover Current asset turnover = Total expenses / Total current assets | 1.74 | 2.85 | 3.46 | 4.30 | 4.44 | 8.78 |
Liquidity ratios | Sector median | 2023 | 2022 | 2021 | 2020 | 2019 |
Current ratio Current ratio = Total current assets / Total current liabilities | 11.95 | 5.25 | 7.28 | 5.00 | 5.82 | 2.20 |
Current liabilities ratio Current liabilities ratio = Total current liabilities / Total current assets | 0.08 | 0.19 | 0.14 | 0.20 | 0.17 | 0.45 |
Liquid reserve level Liquid reserve level = (Total current assets - Total current liabilities) / (Total expenses / 12) | 6.06 | 3.41 | 3.00 | 2.23 | 2.24 | 0.74 |
Solvency ratios | Sector median | 2023 | 2022 | 2021 | 2020 | 2019 |
Liabilities ratio Liabilities ratio = Total liabilities / Total assets | 9% | 8% | 9% | 13% | 17% | 22% |
Debt ratio Debt ratio = Debt / Total assets | 0% | 2% | 4% | 12% | 16% | 20% |
Reserve coverage ratio Reserve coverage ratio = Net assets / Total expenses | 154% | 233% | 240% | 269% | 281% | 245% |
Financials
Balance sheet | |||||
Assets | 2023 | 2022 | 2021 | 2020 | 2019 |
Cash | $608,991 | $1,220,584 | $877,047 | $766,201 | $186,646 |
Receivables, inventories, prepaids | $1,030,974 | $16,038 | $5,894 | $42,110 | $279,897 |
Short-term investments | $0 | $0 | $0 | $0 | $0 |
Other current assets | $0 | $0 | $0 | $0 | $0 |
Total current assets | $1,639,965 | $1,236,622 | $882,941 | $808,311 | $466,543 |
Long-term investments | $0 | $0 | $0 | $0 | $0 |
Fixed assets | $9,604,844 | $9,675,761 | $10,565,721 | $11,044,254 | $11,450,079 |
Other long-term assets | $571,949 | $380,673 | $295,619 | $290,242 | $915,819 |
Total long-term assets | $10,176,793 | $10,056,434 | $10,861,340 | $11,334,496 | $12,365,898 |
Total assets | $11,816,758 | $11,293,056 | $11,744,281 | $12,142,807 | $12,832,441 |
Liabilities | 2023 | 2022 | 2021 | 2020 | 2019 |
Payables and accrued expenses | $312,280 | $169,961 | $176,729 | $138,973 | $212,161 |
Other current liabilities | $0 | $0 | $0 | $0 | $0 |
Total current liabilities | $312,280 | $169,961 | $176,729 | $138,973 | $212,161 |
Debt | $180,434 | $419,927 | $1,360,280 | $1,937,737 | $2,577,915 |
Due to (from) affiliates | $0 | $0 | $0 | $0 | $0 |
Other long-term liabilities | $439,795 | $457,826 | $0 | $0 | $0 |
Total long-term liabilities | $620,229 | $877,753 | $1,360,280 | $1,937,737 | $2,577,915 |
Total liabilities | $932,509 | $1,047,714 | $1,537,009 | $2,076,710 | $2,790,076 |
Net assets | 2023 | 2022 | 2021 | 2020 | 2019 |
Without donor restrictions | $9,803,542 | $10,218,477 | $10,207,272 | $10,066,097 | $10,042,365 |
With donor restrictions | $1,080,707 | $26,865 | $0 | $0 | $0 |
Net assets | $10,884,249 | $10,245,342 | $10,207,272 | $10,066,097 | $10,042,365 |
Revenues and expenses | |||||
Revenue | 2023 | 2022 | 2021 | 2020 | 2019 |
Total contributions | $2,989,905 | $1,989,857 | $1,671,149 | $1,801,007 | $1,353,362 |
Program service revenue | $2,102,810 | $2,225,073 | $1,890,854 | $1,672,894 | $2,209,153 |
Membership dues | $0 | $0 | $0 | $0 | $0 |
Investment income | $10,087 | $296,932 | ($64,578) | $438 | $0 |
Other revenue | $205,235 | $139,781 | $438,439 | $116,266 | $132,330 |
Total other revenue | $2,318,132 | $2,661,786 | $2,264,715 | $1,789,598 | $2,341,483 |
Total revenue | $5,308,037 | $4,651,643 | $3,935,864 | $3,590,605 | $3,694,845 |
Expenses | 2023 | 2022 | 2021 | 2020 | 2019 |
Program services | $3,761,963 | $3,611,252 | $3,240,324 | $3,087,940 | $3,449,623 |
Management and general | $677,644 | $423,163 | $481,663 | $431,762 | $538,797 |
Fundraising | $229,523 | $239,073 | $72,707 | $67,758 | $109,297 |
Total expenses | $4,669,130 | $4,273,488 | $3,794,694 | $3,587,460 | $4,097,717 |
Change in net assets | 2023 | 2022 | 2021 | 2020 | 2019 |
Surplus (deficit) | $638,907 | $378,155 | $141,170 | $3,145 | ($402,872) |
Other changes in net assets | $0 | $0 | $0 | $0 | $0 |
Total change in net assets | $638,907 | $378,155 | $141,170 | $3,145 | ($402,872) |
Compensation
Name | Title | Compensation |
Vann Ellison | Former Ceo/Pres | $107,826 |
Mike Gaymon | CEO/President | $29,077 |
Compensation data as of: 6/30/2023
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 1/11/2024. To update the information below, please email: [email protected]
History
In 1963, a group of Christian businessmen in the Chattahoochee Valley saw a need in the community to help the numerous homeless and addicted men on the streets. These men put together a plan to start a rescue mission.
With a vision, faith, and help from the community, an old church and three shotgun houses were purchased on Second Avenue in Columbus, Georgia. On September 6, 1963 Valley Rescue Mission, Inc. became a fulfilled vision and the first and only rescue mission in the Chattahoochee Valley.
1963 - Meals & shelter available for men, women & children
1969 - Addiction recovery program for men (Crossroads) founded
1971 - First men's building constructed
1974 - Camp JOY founded
1977 - Administrative building constructed
1984 - Bargain Centers begin operating, adding a revenue stream for the Mission
1988 - Dining Room and kitchen constructed
1996 - River Ministry began
1997 - Damascus Way Home for Women and Children constructed
1999 - Howard Mott Center constructed
2014 - New retail store constructed on Veteran's Parkway
2017 - New retail store location on Macon Road
2018 - Women and Children's Center constructed
Program accomplishments
Impact of your Kindness in 2021:
115,447 warm meals served
30,878 nights of shelter
107 professions of faith