Trinity Rescue Mission
The information on this page was last updated 1/1/2024. If you see errors or omissions, please email: [email protected]
Summary
Trinity Rescue Mission provides food, shelter and recovery to the hurting and needy of NE Florida.
Contact information
Mailing address:
Trinity Rescue Mission
622 West Union Street
Jacksonville, FL 32202
Website: trinityrescue.org
Phone: 904-355-1205
Email: [email protected]
Organization details
EIN: 596152373
CEO/President: Gary Judd
Chairman: Tom Messer
Board size: 7
Founder:
Ruling year: 1963
Tax deductible: Yes
Fiscal year end: 06/30
Member of ECFA: No
Member of ECFA since:
Purpose
While we provide these emergency services to clients, we offer more than just hospitality. Beyond the basics, we guide our clients to programs, within Trinity Rescue Mission and the community, to help them permanently end the cycle of homelessness.
With your help, Trinity Rescue Mission takes hundreds of men, women, and children from a place of fear, helplessness, and feeling stuck to a place of safety, hope, and support.
Mission statement
Trinity Rescue Mission assists the homeless and displaced individuals with job training and financial assistance to help them return as productive members of society.
Statement of faith
We believe the Bible to be the inspired, infallible, ultimately authoritative Word of God. We believe there is one God, eternally existing as Father, Son, and Holy Spirit. We believe that the Lord Jesus Christ is Deity, that He was born of a virgin, that we are redeemed by His atoning death through His shed blood, that He was bodily resurrected and ascended into heaven, and that He will come again in power and great glory. We believe that individuals are saved through a direct, personal encounter with the risen Lord, at which time they are regenerated by the Holy Spirit. We believe in the present ministry of the Holy Spirit, by whom Christ indwells each believer, enabling him or her to live a godly life of obedience as he or she reaches for maturity. We believe the Holy Spirit unites all believers in the Lord Jesus Christ and that together they form one body, one church.
Donor confidence score
Transparency 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 | 620 of 1115 | 72 of 141 | |
| Fund acquisition rating |  | 876 of 1116 | 122 of 141 |
| Resource allocation rating | | 793 of 1116 | 89 of 141 |
| Asset utilization rating | | 110 of 1115 | 11 of 141 |
This ministry has a negative net worth, making it impossible to assign it a valid financial efficiency rating.
Financial ratios
| Funding ratios | Sector median | 2023 | 2022 | 2021 | 2020 | 2019 |
Return on fundraising efforts Return on fundraising efforts = Fundraising expense / Total contributions | 12% | 21% | 20% | 14% | 13% | 11% |
Fundraising cost ratio Fundraising cost ratio = Fundraising expense / Total revenue | 10% | 16% | 13% | 11% | 10% | 8% |
Contributions reliance Contributions reliance = Total contributions / Total revenue | 93% | 76% | 66% | 75% | 82% | 77% |
Fundraising expense ratio Fundraising expense ratio = Fundraising expense / Total expenses | 11% | 16% | 14% | 10% | 10% | 7% |
Other revenue reliance Other revenue reliance = Total other revenue / Total revenue | 7% | 24% | 34% | 25% | 18% | 23% |
| Operating ratios | Sector median | 2023 | 2022 | 2021 | 2020 | 2019 |
Program expense ratio Program expense ratio = Program services / Total expenses | 78% | 76% | 79% | 83% | 81% | 86% |
Spending ratio Spending ratio = Total expenses / Total revenue | 92% | 103% | 96% | 101% | 102% | 126% |
Program output ratio Program output ratio = Program services / Total revenue | 73% | 79% | 76% | 84% | 83% | 108% |
Savings ratio Savings ratio = Surplus (deficit) / Total revenue | 8% | -3% | 4% | -1% | -2% | -26% |
Reserve accumulation rate Reserve accumulation rate = Surplus (deficit) / Net assets | 5% | 10% | -14% | 4% | 6% | 59% |
General and admin ratio General and admin ratio = Management and general expense / Total expenses | 9% | 8% | 7% | 6% | 9% | 7% |
| Investing ratios | Sector median | 2023 | 2022 | 2021 | 2020 | 2019 |
Total asset turnover Total asset turnover = Total expenses / Total assets | 0.53 | 1.12 | 1.17 | 1.26 | 0.90 | 0.91 |
Degree of long-term investment Degree of long-term investment = Total assets / Total current assets | 2.85 | 4.59 | 5.13 | 6.17 | 5.29 | 4.84 |
Current asset turnover Current asset turnover = Total expenses / Total current assets | 1.82 | 5.13 | 5.98 | 7.78 | 4.75 | 4.41 |
| Liquidity ratios | Sector median | 2023 | 2022 | 2021 | 2020 | 2019 |
Current ratio Current ratio = Total current assets / Total current liabilities | 12.60 | 1.49 | 1.53 | 1.79 | 3.51 | 2.23 |
Current liabilities ratio Current liabilities ratio = Total current liabilities / Total current assets | 0.07 | 0.67 | 0.65 | 0.56 | 0.28 | 0.45 |
Liquid reserve level Liquid reserve level = (Total current assets - Total current liabilities) / (Total expenses / 12) | 5.87 | 0.77 | 0.69 | 0.68 | 1.81 | 1.50 |
| Solvency ratios | Sector median | 2023 | 2022 | 2021 | 2020 | 2019 |
Liabilities ratio Liabilities ratio = Total liabilities / Total assets | 9% | 136% | 134% | 140% | 136% | 131% |
Debt ratio Debt ratio = Debt / Total assets | 0% | 11% | 14% | 15% | 20% | 20% |
Reserve coverage ratio Reserve coverage ratio = Net assets / Total expenses | 154% | -32% | -29% | -32% | -40% | -35% |
Financials
| Balance sheet | |||||
| Assets | 2023 | 2022 | 2021 | 2020 | 2019 |
| Cash | $340,951 | $300,470 | $236,570 | $173,837 | $189,541 |
| Receivables, inventories, prepaids | $19,710 | $10,291 | $10,654 | $131,916 | $170,663 |
| Short-term investments | $0 | $0 | $0 | $0 | $0 |
| Other current assets | $0 | $0 | $0 | $0 | $0 |
| Total current assets | $360,661 | $310,761 | $247,224 | $305,753 | $360,204 |
| Long-term investments | $0 | $0 | $0 | $0 | $0 |
| Fixed assets | $1,292,776 | $1,279,838 | $1,275,500 | $1,303,265 | $1,373,164 |
| Other long-term assets | $2,042 | $2,500 | $2,500 | $7,568 | $8,510 |
| Total long-term assets | $1,294,818 | $1,282,338 | $1,278,000 | $1,310,833 | $1,381,674 |
| Total assets | $1,655,479 | $1,593,099 | $1,525,224 | $1,616,586 | $1,741,878 |
| Liabilities | 2023 | 2022 | 2021 | 2020 | 2019 |
| Payables and accrued expenses | $242,690 | $203,190 | $137,877 | $87,068 | $161,240 |
| Other current liabilities | $0 | $0 | $0 | $0 | $0 |
| Total current liabilities | $242,690 | $203,190 | $137,877 | $87,068 | $161,240 |
| Debt | $181,474 | $222,621 | $221,680 | $315,700 | $356,838 |
| Due to (from) affiliates | $0 | $0 | $0 | $0 | $0 |
| Other long-term liabilities | $1,824,672 | $1,701,227 | $1,774,128 | $1,796,165 | $1,772,383 |
| Total long-term liabilities | $2,006,146 | $1,923,848 | $1,995,808 | $2,111,865 | $2,129,221 |
| Total liabilities | $2,248,836 | $2,127,038 | $2,133,685 | $2,198,933 | $2,290,461 |
| Net assets | 2023 | 2022 | 2021 | 2020 | 2019 |
| Without donor restrictions | ($607,049) | ($533,939) | ($608,461) | ($625,218) | ($548,583) |
| With donor restrictions | $13,692 | $0 | $0 | $42,871 | $0 |
| Net assets | ($593,357) | ($533,939) | ($608,461) | ($582,347) | ($548,583) |
| Revenues and expenses | |||||
| Revenue | 2023 | 2022 | 2021 | 2020 | 2019 |
| Total contributions | $1,366,621 | $1,283,644 | $1,429,169 | $1,168,520 | $971,380 |
| Program service revenue | $371,317 | $650,183 | $346,363 | $249,040 | $278,936 |
| Membership dues | $0 | $0 | $0 | $0 | $0 |
| Investment income | $24 | $24 | $0 | $0 | $0 |
| Other revenue | $52,836 | $60 | $122,529 | $3,491 | $12,723 |
| Total other revenue | $424,177 | $650,267 | $468,892 | $252,531 | $291,659 |
| Total revenue | $1,790,798 | $1,933,911 | $1,898,061 | $1,421,051 | $1,263,039 |
| Expenses | 2023 | 2022 | 2021 | 2020 | 2019 |
| Program services | $1,408,806 | $1,464,490 | $1,600,683 | $1,181,620 | $1,365,038 |
| Management and general | $154,602 | $136,006 | $121,984 | $125,065 | $116,583 |
| Fundraising | $286,808 | $258,893 | $201,508 | $147,130 | $106,010 |
| Total expenses | $1,850,216 | $1,859,389 | $1,924,175 | $1,453,815 | $1,587,631 |
| Change in net assets | 2023 | 2022 | 2021 | 2020 | 2019 |
| Surplus (deficit) | ($59,418) | $74,522 | ($26,114) | ($32,764) | ($324,592) |
| Other changes in net assets | $0 | $0 | $0 | $0 | $0 |
| Total change in net assets | ($59,418) | $74,522 | ($26,114) | ($32,764) | ($324,592) |
Compensation
| Name | Title | Compensation |
| Tom Messer | President | $289,589 |
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 1/1/2024. To update the information below, please email: [email protected]
History
Trinity Rescue Mission was established in 1962 by the congregation of Trinity Baptist Church and church leaders as an expression of their burden for the homeless and hurting people on the streets in Jacksonville.
Today, Trinity Rescue Mission operates as an independent, Christ-centered 501(c)(3) non-profit organization. Although now a separate entity, Trinity Baptist Church remains as key ministry partner of Trinity Rescue Mission.
1962-Trinity Rescue Mission opens on Bay Street in downtown Jacksonville, Florida
1970-Trinity Rescue Mission opens Freedom Farm, a long-term substance abuse program in St. Johns County, to meet the community's increasing need for a residential drug and alcohol recovery program.
1997-Trinity Rescue Mission moves from 901 West Bay Street, to a new 12,000 square foot facility at 622 West Union Street. The new facility increases the capacity and effectiveness to accomplish the mission's goal to help more people better.
2006-Trinity Rescue Mission opens the 14,000 square foot Women and Children's Center on Union Street. The facility's modern design was created to meet the specific needs of homeless women and mothers with children, an under-served demographic of homeless in Jacksonville and Northeast Florida.
Program accomplishments
In the last year:
202,800 meals served
1,965 people helped
85,000 nights of shelter
130 people connected to jobs