Lexington Rescue Mission

The information on this page was last updated 7/19/2022. If you see errors or omissions, please email: [email protected]


Summary

You Can Help. It often starts with a hot meal, hygiene supplies, or a warm bed. These simple acts of compassion can open the door to addressing the deeper issues that keep hurting people trapped in poverty and offer real hope for the future.


Contact information

Mailing address:
Lexington Rescue Mission
444 Glen Arvin Ave
PO Box 1050
Lexington, KY 40508

Website: lexingtonrescue.org

Phone: 859-381-9600

Email: [email protected]


Organization details

EIN: 611387338

CEO/President: Mrs. Laura E. Carr

Chairman: Gary Loucks

Board size: 13

Founder: Jim and Becky Connell

Ruling year: 2001

Tax deductible: Yes

Fiscal year end: 12/31

Member of ECFA: Yes

Member of ECFA since: 2011


Purpose

Reaching Hearts. Changing Lives. Since 2001, Lexington Rescue Mission has worked to rebuild lives that have been broken by poverty. Poverty steals peace. It crushes dignity. It destroys hope. So in all that we do, we invite people into the presence of Jesus Christ.


Mission statement

We exist to glorify God through a Christ-centered ministry that meets the physical, emotional and spiritual needs of hurting people in the greater Lexington area.


Statement of faith

We believe the Bible to be the inspired, infallible, authoritative Word of God and that there is one eternal God, who exists in three Persons: Father, Son and Holy Spirit.

We believe in the deity of our Lord Jesus Christ, in His virgin birth, in His sinless life, in His miracles, in His vicarious and atoning death, through His shed blood, in His bodily resurrection, in His ascension to the right hand of the Father, in His personal return in power and glory.

We believe that for the salvation of lost and sinful men, regeneration by the Holy Spirit is absolutely essential. This event we hold to be an experience, rather than a doctrinal supposition.

We believe in the present ministry of the Holy Spirit by whose indwelling the Christian is enabled to live a Godly life.

We believe in the bodily resurrection of the just and unjust, the everlasting blessedness of the saved and the everlasting conscious punishment of the lost.

We believe in the spiritual unity of the believers in Christ, and together they form one body, the CHURCH.

Donor confidence score

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Transparency grade

A

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Financial efficiency ratings

Sector: Rescue Missions/Homeless Shelters

CategoryRatingOverall rankSector rank
Overall efficiency rating784 of 1033124 of 161
Fund acquisition rating837 of 1035145 of 161
Resource allocation rating810 of 1035127 of 161
Asset utilization rating364 of 103361 of 161

Financial ratios

Funding ratiosSector median20212020201920182017
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
9%18%11%24%26%18%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
8%16%10%22%24%17%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
91%89%92%92%94%95%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
10%17%19%25%24%28%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
9%11%8%8%6%5%
 
Operating ratiosSector median20212020201920182017
Program expense ratio Program expense ratio =
Program services /
Total expenses
80%74%69%66%68%62%
Spending ratio Spending ratio =
Total expenses /
Total revenue
87%90%54%90%103%62%
Program output ratio Program output ratio =
Program services /
Total revenue
69%67%37%59%70%39%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
13%10%46%10%-3%38%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
11%8%58%15%-4%72%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
9%8%12%10%8%10%
 
Investing ratiosSector median20212020201920182017
Total asset turnover Total asset turnover =
Total expenses /
Total assets
0.550.680.641.131.230.80
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
2.972.392.675.197.772.91
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
1.741.621.725.849.582.33
 
Liquidity ratiosSector median20212020201920182017
Current ratio Current ratio =
Total current assets /
Total current liabilities
14.3016.3711.614.472.849.87
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.070.060.090.220.350.10
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
5.796.946.391.590.814.63
 
Solvency ratiosSector median20212020201920182017
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
9%3%3%15%17%33%
Debt ratio Debt ratio =
Debt /
Total assets
2%0%0%11%13%29%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
150%144%150%75%67%84%

Financials

Balance sheet
 
Assets20212020201920182017
Cash$1,474,258$1,169,814$249,511$149,501$287,718
Receivables, inventories, prepaids$67,206$117,834$70,113$37,743$348,816
Short-term investments$0$0$0$0$0
Other current assets$0$0$0$0$0
Total current assets$1,541,464$1,287,648$319,624$187,244$636,534
Long-term investments$0$0$0$0$0
Fixed assets$2,146,227$2,145,564$1,339,452$1,266,853$1,215,518
Other long-term assets$0$0$0$0$2,886
Total long-term assets$2,146,227$2,145,564$1,339,452$1,266,853$1,218,404
Total assets$3,687,691$3,433,212$1,659,076$1,454,097$1,854,938
 
Liabilities20212020201920182017
Payables and accrued expenses$94,143$110,941$71,543$65,857$64,508
Other current liabilities$0$0$0$0$0
Total current liabilities$94,143$110,941$71,543$65,857$64,508
Debt$0$0$180,244$187,451$544,242
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$0$0$0$0$0
Total long-term liabilities$0$0$180,244$187,451$544,242
Total liabilities$94,143$110,941$251,787$253,308$608,750
 
Net assets20212020201920182017
Without donor restrictions$3,508,546$3,239,634$1,346,220$1,137,830$1,172,931
With donor restrictions$85,002$82,637$61,069$62,959$73,257
Net assets$3,593,548$3,322,271$1,407,289$1,200,789$1,246,188
 
Revenues and expenses
 
Revenue20212020201920182017
Total contributions$2,473,454$3,777,692$1,902,966$1,635,927$2,262,228
Program service revenue$221,569$326,010$86,080$0$0
Membership dues$0$0$0$0$0
Investment income$0$0$29$0$0
Other revenue$78,127$22,109$85,010$111,971$119,055
Total other revenue$299,696$348,119$171,119$111,971$119,055
Total revenue$2,773,150$4,125,811$2,074,085$1,747,898$2,381,283
 
Expenses20212020201920182017
Program services$1,861,306$1,516,322$1,224,934$1,215,582$925,745
Management and general$205,776$264,693$182,217$149,679$145,855
Fundraising$434,791$429,814$460,434$428,036$412,568
Total expenses$2,501,873$2,210,829$1,867,585$1,793,297$1,484,168
 
Change in net assets20212020201920182017
Surplus (deficit)$271,277$1,914,982$206,500($45,399)$897,115
Other changes in net assets$0$0$0$0$0
Total change in net assets$271,277$1,914,982$206,500($45,399)$897,115

Compensation

NameTitleCompensation
Laura CarrExec Dir (began Aug 2020)$72,512
Jim ConnellExec Dir (retired Aug 2020)$67,546
John A LindseyDirector of Administration$56,226

Compensation data as of: 12/31/2020


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 7/19/2022. To update the information below, please email: [email protected]


History

In the fall of 2000, Jim and Becky Connell felt led by the Lord to start a ministry to the poor and homeless. In April 2001, Jim left his job in Columbus, Indiana, and moved to Lexington to start the Lexington Rescue Mission.

Four months later, the mission purchased a building on North Limestone with the help of a generous gift from a Lexington couple. On November 21, 2001, services started with a Thanksgiving banquet at Broadway Christian Church. The mission then opened its doors to anyone in need of food, clothing, and financial assistance and began offering Bible studies and chapel services for guests.

Over the years, the mission has grown and changed to meet the needs of those we serve. Today, people in need come to the mission for help with food, finding affordable housing, getting off the streets, connecting to treatment, getting back on their feet in our transitional housing, finding lasting employment, and re-entering the community after incarceration.

In all that we do, our vision remains the same: rebuilding broken lives on the solid foundation of Jesus Christ. Through Him, we see lives changed.


Program accomplishments

IN 2021, YOUR GIFTS MADE POSSIBLE:

46543 MEALS SERVED

155 PEOPLE PROVIDED WARM BEDS AND DISCIPLESHIP IN OUR TRANSITIONAL HOMES

118 PEOPLE ASSISTED WITH RE-ENTERING THE COMMUNITY AFTER INCARCERATION

39 PEOPLE LIVING ON THE STREETS CONNECTED TO TREATMENT PROGRAMS

837 PEOPLE CLOTHED

85 HOMELESS MEN, WOMEN, AND CHILDREN MOVED INTO PERMANENT HOUSING

9 PEOPLE PLACED IN JOBS TO PROVIDE FOR THEMSELVES AND THEIR FAMILIES

231 PEOPLE HEARD THE GOSPEL AT CHAPEL SERVICES AND BIBLE STUDIES


Needs