Miami Rescue Mission 
The information on this page was last updated 7/21/2023. If you see errors or omissions, please email: [email protected]
Summary
The Miami Centers, located in the Wynwood/Overtown part of Miami, have served the homeless and needy since 1922. Programs and services include: Center for Men, Center for Women and Children, Jeffrey A. Tew Education Center, Community Activity Center, Food Warehouse, and Health Clinic. The Bargain Barn, a thrift store to raise funds for the programs and train people for employment, is located in North Miami. The Centers offer emergency and residential programs. An additional building houses 78 men and has a conference center. The combined Centers provide 390 beds for residential and emergency services.
Contact information
Mailing address:
Miami Rescue Mission
3533 NW 50th Street
Miami, FL 33142
Website: caringplace.org
Phone: (305) 571-2273
Email: [email protected]
Organization details
EIN: 591743865
CEO/President: Rev. Ronald Brummitt
Chairman: Jeffrey Tew
Board size: 9
Founder:
Ruling year: 1978
Tax deductible: Yes
Fiscal year end: 06/30
Member of ECFA: Yes
Member of ECFA since: 1990
Purpose
Helping men, women, and children with meals, safe shelter, life-changing residential programs, employment, and housing resulting in transformed lives. Our passion is to follow the Lord Jesus Christ's great commission by serving others.
Mission statement
Our Mission: Transform the lives of homeless men, women and children through comprehensive residential programs to effect lasting change and empower them to be productive members of society. We provide food, shelter, substance abuse treatment, education, computer literacy, job placement, healthcare, spiritual development and housing with Christian love, compassion and encouragement.
Statement of faith
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 | | 953 of 1123 | 121 of 138 |
| Fund acquisition rating | | 964 of 1124 | 127 of 138 |
| Resource allocation rating | | 966 of 1124 | 121 of 138 |
| Asset utilization rating | | 494 of 1123 | 62 of 138 |
According to the organization's Form 990, it received $1,599,118 in government grants in 2024.
Financial ratios
| Funding ratios | Sector median | 2024 | 2023 | 2022 | 2021 | 2020 |
Return on fundraising efforts Return on fundraising efforts = Fundraising expense / Total contributions | 12% | 22% | 20% | 18% | 16% | 15% |
Fundraising cost ratio Fundraising cost ratio = Fundraising expense / Total revenue | 10% | 20% | 16% | 17% | 15% | 14% |
Contributions reliance Contributions reliance = Total contributions / Total revenue | 92% | 89% | 78% | 94% | 94% | 90% |
Fundraising expense ratio Fundraising expense ratio = Fundraising expense / Total expenses | 11% | 18% | 16% | 16% | 15% | 14% |
Other revenue reliance Other revenue reliance = Total other revenue / Total revenue | 8% | 11% | 22% | 6% | 6% | 10% |
| Operating ratios | Sector median | 2024 | 2023 | 2022 | 2021 | 2020 |
Program expense ratio Program expense ratio = Program services / Total expenses | 80% | 71% | 74% | 73% | 74% | 78% |
Spending ratio Spending ratio = Total expenses / Total revenue | 95% | 112% | 96% | 105% | 101% | 100% |
Program output ratio Program output ratio = Program services / Total revenue | 75% | 80% | 71% | 77% | 75% | 78% |
Savings ratio Savings ratio = Surplus (deficit) / Total revenue | 5% | -12% | 4% | -5% | -1% | 0% |
Reserve accumulation rate Reserve accumulation rate = Surplus (deficit) / Net assets | 5% | -7% | 3% | -3% | 0% | 0% |
General and admin ratio General and admin ratio = Management and general expense / Total expenses | 9% | 11% | 10% | 11% | 11% | 8% |
| Investing ratios | Sector median | 2024 | 2023 | 2022 | 2021 | 2020 |
Total asset turnover Total asset turnover = Total expenses / Total assets | 0.53 | 0.57 | 0.65 | 0.63 | 0.55 | 0.64 |
Degree of long-term investment Degree of long-term investment = Total assets / Total current assets | 2.95 | 2.79 | 2.55 | 2.97 | 2.84 | 2.35 |
Current asset turnover Current asset turnover = Total expenses / Total current assets | 1.75 | 1.59 | 1.65 | 1.86 | 1.57 | 1.50 |
| Liquidity ratios | Sector median | 2024 | 2023 | 2022 | 2021 | 2020 |
Current ratio Current ratio = Total current assets / Total current liabilities | 13.50 | 7.38 | 7.87 | 6.73 | 7.97 | 8.86 |
Current liabilities ratio Current liabilities ratio = Total current liabilities / Total current assets | 0.07 | 0.14 | 0.13 | 0.15 | 0.13 | 0.11 |
Liquid reserve level Liquid reserve level = (Total current assets - Total current liabilities) / (Total expenses / 12) | 6.33 | 6.52 | 6.36 | 5.50 | 6.70 | 7.11 |
| Solvency ratios | Sector median | 2024 | 2023 | 2022 | 2021 | 2020 |
Liabilities ratio Liabilities ratio = Total liabilities / Total assets | 9% | 5% | 5% | 5% | 5% | 5% |
Debt ratio Debt ratio = Debt / Total assets | 0% | 0% | 0% | 0% | 0% | 0% |
Reserve coverage ratio Reserve coverage ratio = Net assets / Total expenses | 154% | 166% | 147% | 152% | 173% | 149% |
Financials
| Balance sheet | |||||
| Assets | 2024 | 2023 | 2022 | 2021 | 2020 |
| Cash | $1,793,956 | $4,269,435 | $1,322,511 | $3,176,614 | $3,311,626 |
| Receivables, inventories, prepaids | $4,679,174 | $4,005,272 | $4,836,775 | $4,118,444 | $1,174,310 |
| Short-term investments | $3,556,159 | $3,340,896 | $3,536,197 | $3,429,035 | $8,364,221 |
| Other current assets | $0 | $0 | $0 | $0 | $0 |
| Total current assets | $10,029,289 | $11,615,603 | $9,695,483 | $10,724,093 | $12,850,157 |
| Long-term investments | $4,361,804 | $4,391,112 | $4,809,258 | $5,419,049 | $0 |
| Fixed assets | $13,533,339 | $13,460,645 | $14,238,303 | $14,268,219 | $17,314,361 |
| Other long-term assets | $52,324 | $153,017 | $75,850 | $69,923 | $76,809 |
| Total long-term assets | $17,947,467 | $18,004,774 | $19,123,411 | $19,757,191 | $17,391,170 |
| Total assets | $27,976,756 | $29,620,377 | $28,818,894 | $30,481,284 | $30,241,327 |
| Liabilities | 2024 | 2023 | 2022 | 2021 | 2020 |
| Payables and accrued expenses | $359,058 | $475,768 | $439,971 | $345,574 | $449,906 |
| Other current liabilities | $1,000,000 | $1,000,000 | $1,000,000 | $1,000,000 | $1,000,000 |
| Total current liabilities | $1,359,058 | $1,475,768 | $1,439,971 | $1,345,574 | $1,449,906 |
| Debt | $39,517 | $38,544 | $51,260 | $71,837 | $77,907 |
| Due to (from) affiliates | $0 | $0 | $0 | $0 | $0 |
| Other long-term liabilities | $52,324 | $0 | $0 | $0 | $0 |
| Total long-term liabilities | $91,841 | $38,544 | $51,260 | $71,837 | $77,907 |
| Total liabilities | $1,450,899 | $1,514,312 | $1,491,231 | $1,417,411 | $1,527,813 |
| Net assets | 2024 | 2023 | 2022 | 2021 | 2020 |
| Without donor restrictions | $25,836,758 | $27,447,544 | $26,559,414 | $28,375,665 | $28,518,503 |
| With donor restrictions | $689,099 | $658,521 | $768,249 | $688,208 | $195,011 |
| Net assets | $26,525,857 | $28,106,065 | $27,327,663 | $29,063,873 | $28,713,514 |
| Revenues and expenses | |||||
| Revenue | 2024 | 2023 | 2022 | 2021 | 2020 |
| Total contributions | $12,650,502 | $15,516,084 | $16,153,864 | $15,616,192 | $17,321,836 |
| Program service revenue | $717,362 | $619,870 | $600,062 | $631,017 | $688,854 |
| Membership dues | $0 | $0 | $0 | $0 | $0 |
| Investment income | $907,816 | $3,907,840 | $360,793 | $426,549 | $372,239 |
| Other revenue | ($63,444) | ($113,864) | $31,968 | $22,100 | $904,192 |
| Total other revenue | $1,561,734 | $4,413,846 | $992,823 | $1,079,666 | $1,965,285 |
| Total revenue | $14,212,236 | $19,929,930 | $17,146,687 | $16,695,858 | $19,287,121 |
| Expenses | 2024 | 2023 | 2022 | 2021 | 2020 |
| Program services | $11,345,619 | $14,086,739 | $13,168,869 | $12,450,357 | $15,044,391 |
| Management and general | $1,777,906 | $1,937,111 | $1,937,901 | $1,800,063 | $1,561,884 |
| Fundraising | $2,845,825 | $3,101,398 | $2,914,374 | $2,549,009 | $2,635,017 |
| Total expenses | $15,969,350 | $19,125,248 | $18,021,144 | $16,799,429 | $19,241,292 |
| Change in net assets | 2024 | 2023 | 2022 | 2021 | 2020 |
| Surplus (deficit) | ($1,757,114) | $804,682 | ($874,457) | ($103,571) | $45,829 |
| Other changes in net assets | $0 | $0 | $0 | $0 | $0 |
| Total change in net assets | ($1,757,114) | $804,682 | ($874,457) | ($103,571) | $45,829 |
Compensation
| Name | Title | Compensation |
| Ronald Brummitt | President (Part Year) | $355,980 |
| Marilyn Brummitt | Vice President of Major Donor Acquisition | $204,974 |
| Norman Campos | IT Director | $122,097 |
| Antonio Villasuso | President | $107,346 |
| Francisco Valasquez | Comptroller | $16,713 |
Compensation data as of: 6/30/2024
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 7/21/2023. To update the information below, please email: [email protected]
History
Brief History: Miami Rescue Mission (MRM) began in 1922 under the name "City Mission" serving meals to the needy. The hurricane of 1926, the stock market crash of 1929, and the following years of The Great Depression caused an increase need of MRM services.
A headline in the Miami Daily News, June 14, 1930 read, "1,226 at City Mission Cared for Each Day!"
In 1935, the name was changed to Miami Rescue Mission. MRM continued through the difficult years of WWII and in 1947 was formally incorporated with its quarters at 150 W Flagler Street, Miami. The Mission eventually moved from this location in order for the public library to be built. The next location, 716 N. Miami Avenue proved to be the exact spot the city wanted to build the Civic Center.
In 1969, MRM opened the building at 2250 NW 1 Ave. which would become the site of the Center for Women & Children, which opened in 1980. Dr. Frank and Maxine Jacobs became MRM's leaders in 1975. Their dedication, vision, and hard work led to expanding services to the homeless and needy for the next 32 years. The present President/CEO, Rev. Ronald Brummitt, of the organization has 26 years of experience working with the homeless and needy of South Florida and has served in this role for 12 years.
Program accomplishments
In 2022 Our Supporters:
Provided 850,000 nutritious meals
Provided 200,000 nights of safe shelter
Had over 1,200 Volunteers provide over 12,000 Volunteer Hours
Helped over 250 men and women find jobs
Encouraged over 20,000 people in need through outreaches