Riverside Christian Ministries

The information on this page was last updated 5/25/2023. If you see errors or omissions, please email: [email protected]


Summary

Riverside House exists to guide men and women convicted of crime into becoming productive citizens through a nondenominational, faith-based approach.


Contact information

Mailing address:
Riverside Christian Ministries
968 N.W. 2nd Street
Miami, FL 33128

Website: riversidehouse.org

Phone: 305-326-9799

Email: [email protected]


Organization details

EIN: 592093182

CEO/President: Cleveland Bell III

Chairman: Cleveland Bell III

Board size: 5

Founder: Riverside UMC & Dade County Correction Dept

Ruling year: 1982

Tax deductible: Yes

Fiscal year end: 03/31

Member of ECFA: Yes

Member of ECFA since: 1985


Purpose

Our four programs are as follows: Comprehensive Residential Reentry Program, Non-residential Support, Spiritual Development and Community Partnerships


Mission statement


Statement of faith

Donor confidence score

Show donor confidence score details

Transparency grade

A

To understand our transparency grade, click here.


Financial efficiency ratings

Sector: Community Development

CategoryRatingOverall rankSector rank
Overall efficiency rating403 of 110449 of 122
Fund acquisition rating767 of 110575 of 122
Resource allocation rating110 of 110530 of 122
Asset utilization rating521 of 110456 of 122

Financial ratios

Funding ratiosSector median20232022202120202019
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
8%32%45%54%123%122%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
5%3%4%4%4%4%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
92%9%9%7%3%3%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
6%2%4%4%4%5%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
8%91%91%93%97%97%
 
Operating ratiosSector median20232022202120202019
Program expense ratio Program expense ratio =
Program services /
Total expenses
82%86%84%86%85%85%
Spending ratio Spending ratio =
Total expenses /
Total revenue
97%121%110%102%94%95%
Program output ratio Program output ratio =
Program services /
Total revenue
75%104%93%87%80%80%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
3%-21%-10%-2%6%5%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
5%-20%-8%-2%5%4%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
11%12%12%11%11%11%
 
Investing ratiosSector median20232022202120202019
Total asset turnover Total asset turnover =
Total expenses /
Total assets
0.840.890.880.850.770.71
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
1.741.351.121.111.121.13
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
1.721.210.980.940.860.80
 
Liquidity ratiosSector median20232022202120202019
Current ratio Current ratio =
Total current assets /
Total current liabilities
14.0712.3819.2920.4127.2928.08
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.070.080.050.050.040.04
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
6.279.1411.5812.1013.4914.47
 
Solvency ratiosSector median20232022202120202019
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
10%21%5%5%4%3%
Debt ratio Debt ratio =
Debt /
Total assets
0%0%0%0%0%0%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
101%88%109%112%126%137%

Financials

Balance sheet
 
Assets20232022202120202019
Cash$433,110$531,081$934,542$1,546,689$870,755
Receivables, inventories, prepaids$612,169$949,233$829,065$307,855$718,796
Short-term investments$1,545,775$1,751,851$1,787,634$1,487,049$1,749,155
Other current assets$0$0$0$0$0
Total current assets$2,591,054$3,232,165$3,551,241$3,341,593$3,338,706
Long-term investments$0$0$0$0$0
Fixed assets$394,721$392,805$384,659$401,327$437,611
Other long-term assets$507,318$0$0$0$0
Total long-term assets$902,039$392,805$384,659$401,327$437,611
Total assets$3,493,093$3,624,970$3,935,900$3,742,920$3,776,317
 
Liabilities20232022202120202019
Payables and accrued expenses$209,273$162,049$171,524$119,927$118,903
Other current liabilities$0$5,524$2,500$2,500$0
Total current liabilities$209,273$167,573$174,024$122,427$118,903
Debt$0$0$0$0$0
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$523,819$9,060$11,140$11,220$11,780
Total long-term liabilities$523,819$9,060$11,140$11,220$11,780
Total liabilities$733,092$176,633$185,164$133,647$130,683
 
Net assets20232022202120202019
Without donor restrictions$2,760,001$3,448,337$3,750,736$3,590,110$3,601,247
With donor restrictions$0$0$0$19,163$44,387
Net assets$2,760,001$3,448,337$3,750,736$3,609,273$3,645,634
 
Revenues and expenses
 
Revenue20232022202120202019
Total contributions$240,102$256,154$245,033$99,953$98,409
Program service revenue$2,265,324$2,564,716$2,983,699$2,816,766$2,633,707
Membership dues$0$0$0$0$0
Investment income$55,006$66,381$48,043$110,378$89,393
Other revenue$13,038$2,756$2,446$6,148$2,251
Total other revenue$2,333,368$2,633,853$3,034,188$2,933,292$2,725,351
Total revenue$2,573,470$2,890,007$3,279,221$3,033,245$2,823,760
 
Expenses20232022202120202019
Program services$2,685,890$2,680,246$2,864,600$2,429,631$2,267,743
Management and general$362,105$381,623$351,738$310,536$281,652
Fundraising$77,736$115,154$132,387$123,248$120,391
Total expenses$3,125,731$3,177,023$3,348,725$2,863,415$2,669,786
 
Change in net assets20232022202120202019
Surplus (deficit)($552,261)($287,016)($69,504)$169,830$153,974
Other changes in net assets$0$0$0$0$0
Total change in net assets($552,261)($287,016)($69,504)$169,830$153,974

Compensation

NameTitleCompensation
Cleveland Bell IIIExecutive Director$166,578
David McSherryChief Operating Officer$115,280

Compensation data as of: 3/31/2023


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 5/25/2023. To update the information below, please email: [email protected]


History

In 1972, Captain Andy Mathieu, a Navy and Coast Guard Veteran, and friend, Ed Dodson, managed an alcoholic rehabilitation center. This enterprise operated as an outreach of the Riverside United Methodist Church. Within eighteen months it evolved into a larger outreach becoming the first in the nation to experiment with the rehabilitation of ex-offenders.

"Rehabilitation with Dignity" was a dream of Roberto Perez, a lay preacher; Reverend O. Dean Martin, Pastor of the Riverside United Methodist Church; and Jack Sandstrom, Director of the Dade Community Correction and Rehabilitation Department. Together, they envisioned a halfway house that offered the means for those with a first-time offense the opportunity to rebuild their lives. In addition, they desired to establish an environment with caring people as a replacement for the hardened atmosphere ex-offenders were accustomed to.

A grant from the Law Enforcement Assistance Administration provided the finances to maintain this program for the first two years of operation.

Cleveland Bell III became Executive Director of Riverside House in July of 1977. As a former ex-offender, Mr. Bell was no stranger to the feelings of frustration, anger, and rebellion often felt by those with similar backgrounds. Through the continuous outpouring of Mr. Bell's personal life experiences with fellow men and women, and, the dedicated, hard work of staff and Board members, the ministry of Riverside House has reached thousands of ex-offenders through jail groups, out-client participation, prison outreach, and inner-city activities.

Today, Riverside House is a private, non-profit organization that has been successfully operating as a coed community residential reentry facility for over 42 years.


Program accomplishments


Needs