The Foundry Ministries 
The information on this page was last updated 9/24/2024. If you see errors or omissions, please email: [email protected]
Summary
Since our inception, The Foundry Ministries has been God's work in progress. As the tragedies of substance abuse, broken families, poor choices and economic hardships bring an ever-increasing number of men, women and families to our doors, we continue to create more opportunities to share His hope and mercy with the homeless and broken.
Contact information
Mailing address:
The Foundry Ministries
PO Box 824
Bessemer, AL 35021
Website: foundryministries.com
Phone: 205-424-4673
Email: [email protected]
Organization details
EIN: 630624278
CEO/President: Micah Andrews
Chairman: Edmund Perry
Board size: 18
Founder: Sam Reynolds
Ruling year: 1972
Tax deductible: Yes
Fiscal year end: 06/30
Member of ECFA: Yes
Member of ECFA since: 2022
Purpose
The Foundry helps hundreds of families each year through Christ-centered recovery. Permanently transformed lives through Christ-centered ministries is the vision behind our story and our process.
Mission statement
The Foundry Ministries restores hope and rebuilds lives through Christ-centered recovery.
Statement of faith
I believe that the Scripture of the Holy Bible from Genesis through Revelation, contained in the "original manuscripts," were verbally and fully inspired by God, that they are inerrant in the original writings, and that they are the supreme and final authority of God.
I believe in one God - the Father Almighty, Jesus Christ, His only begotten Son, our Lord, and in the Holy Spirit; three in one.
I believe that Jesus Christ was conceived by the Holy Spirit and born of the Virgin Mary.
I believe Jesus Christ was crucified, died, and buried.
I believe that on the third day after His crucifixion, Jesus Christ rose again, bodily, from the dead for the redemption of our sins and that we, through faith, will have eternal life.
I believe that Jesus Christ ascended into Heaven and is now sitting at the right hand of God, making intercession for us.
I believe that the Holy Spirit came to reconcile man back to God, guide us into all truths, and abide with us always.
I believe that Jesus Christ shall come again with a shout, with the voice of the Archangel and trumpet of God, and receive us unto Himself, and where He is, there we may be also.
I do believe in the eternal separation from God for the unsaved.
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 | | 387 of 1118 | 55 of 138 |
| Fund acquisition rating | | 783 of 1119 | 101 of 138 |
| Resource allocation rating | | 501 of 1119 | 69 of 138 |
| Asset utilization rating | | 109 of 1118 | 10 of 138 |
Financial ratios
| Funding ratios | Sector median | 2024 | 2023 | 2022 | 2021 | 2020 |
Return on fundraising efforts Return on fundraising efforts = Fundraising expense / Total contributions | 12% | 31% | 33% | 8% | 9% | 11% |
Fundraising cost ratio Fundraising cost ratio = Fundraising expense / Total revenue | 10% | 8% | 8% | 7% | 8% | 9% |
Contributions reliance Contributions reliance = Total contributions / Total revenue | 92% | 26% | 25% | 85% | 85% | 82% |
Fundraising expense ratio Fundraising expense ratio = Fundraising expense / Total expenses | 11% | 9% | 8% | 8% | 8% | 8% |
Other revenue reliance Other revenue reliance = Total other revenue / Total revenue | 8% | 74% | 75% | 15% | 15% | 18% |
| Operating ratios | Sector median | 2024 | 2023 | 2022 | 2021 | 2020 |
Program expense ratio Program expense ratio = Program services / Total expenses | 80% | 80% | 80% | 83% | 85% | 87% |
Spending ratio Spending ratio = Total expenses / Total revenue | 95% | 93% | 101% | 86% | 93% | 111% |
Program output ratio Program output ratio = Program services / Total revenue | 75% | 74% | 81% | 72% | 79% | 97% |
Savings ratio Savings ratio = Surplus (deficit) / Total revenue | 5% | 7% | -1% | 14% | 7% | -11% |
Reserve accumulation rate Reserve accumulation rate = Surplus (deficit) / Net assets | 5% | 17% | -3% | 42% | 29% | -65% |
General and admin ratio General and admin ratio = Management and general expense / Total expenses | 9% | 12% | 12% | 8% | 7% | 5% |
| Investing ratios | Sector median | 2024 | 2023 | 2022 | 2021 | 2020 |
Total asset turnover Total asset turnover = Total expenses / Total assets | 0.53 | 0.93 | 0.94 | 1.22 | 1.37 | 1.53 |
Degree of long-term investment Degree of long-term investment = Total assets / Total current assets | 2.95 | 6.60 | 6.50 | 3.48 | 5.19 | 7.00 |
Current asset turnover Current asset turnover = Total expenses / Total current assets | 1.75 | 6.15 | 6.09 | 4.23 | 7.11 | 10.69 |
| Liquidity ratios | Sector median | 2024 | 2023 | 2022 | 2021 | 2020 |
Current ratio Current ratio = Total current assets / Total current liabilities | 13.50 | 2.89 | 2.08 | 3.12 | 1.02 | 0.62 |
Current liabilities ratio Current liabilities ratio = Total current liabilities / Total current assets | 0.07 | 0.35 | 0.48 | 0.32 | 0.98 | 1.61 |
Liquid reserve level Liquid reserve level = (Total current assets - Total current liabilities) / (Total expenses / 12) | 6.33 | 1.28 | 1.02 | 1.93 | 0.03 | -0.68 |
| Solvency ratios | Sector median | 2024 | 2023 | 2022 | 2021 | 2020 |
Liabilities ratio Liabilities ratio = Total liabilities / Total assets | 9% | 58% | 63% | 52% | 67% | 76% |
Debt ratio Debt ratio = Debt / Total assets | 0% | 6% | 6% | 20% | 26% | 29% |
Reserve coverage ratio Reserve coverage ratio = Net assets / Total expenses | 154% | 45% | 39% | 40% | 24% | 16% |
Financials
| Balance sheet | |||||
| Assets | 2024 | 2023 | 2022 | 2021 | 2020 |
| Cash | $881,222 | $903,760 | $1,458,912 | $697,697 | $398,037 |
| Receivables, inventories, prepaids | $397,848 | $331,332 | $350,631 | $345,651 | $353,726 |
| Short-term investments | $0 | $0 | $0 | $0 | $0 |
| Other current assets | $0 | $0 | $0 | $0 | $0 |
| Total current assets | $1,279,070 | $1,235,092 | $1,809,543 | $1,043,348 | $751,763 |
| Long-term investments | $0 | $0 | $0 | $0 | $0 |
| Fixed assets | $4,566,141 | $4,489,926 | $4,437,011 | $4,325,571 | $4,475,066 |
| Other long-term assets | $2,594,506 | $2,305,293 | $45,882 | $47,055 | $38,055 |
| Total long-term assets | $7,160,647 | $6,795,219 | $4,482,893 | $4,372,626 | $4,513,121 |
| Total assets | $8,439,717 | $8,030,311 | $6,292,436 | $5,415,974 | $5,264,884 |
| Liabilities | 2024 | 2023 | 2022 | 2021 | 2020 |
| Payables and accrued expenses | $442,786 | $592,719 | $579,492 | $326,784 | $484,079 |
| Other current liabilities | $0 | $0 | $0 | $698,945 | $725,000 |
| Total current liabilities | $442,786 | $592,719 | $579,492 | $1,025,729 | $1,209,079 |
| Debt | $500,000 | $513,333 | $1,228,830 | $1,383,600 | $1,532,690 |
| Due to (from) affiliates | $0 | $0 | $0 | $0 | $0 |
| Other long-term liabilities | $3,965,040 | $3,984,923 | $1,445,261 | $1,242,812 | $1,277,055 |
| Total long-term liabilities | $4,465,040 | $4,498,256 | $2,674,091 | $2,626,412 | $2,809,745 |
| Total liabilities | $4,907,826 | $5,090,975 | $3,253,583 | $3,652,141 | $4,018,824 |
| Net assets | 2024 | 2023 | 2022 | 2021 | 2020 |
| Without donor restrictions | $3,531,891 | $2,939,336 | $3,038,853 | $1,763,833 | $1,240,500 |
| With donor restrictions | $0 | $0 | $0 | $0 | $5,560 |
| Net assets | $3,531,891 | $2,939,336 | $3,038,853 | $1,763,833 | $1,246,060 |
| Revenues and expenses | |||||
| Revenue | 2024 | 2023 | 2022 | 2021 | 2020 |
| Total contributions | $2,176,631 | $1,845,306 | $7,584,719 | $6,781,286 | $5,907,950 |
| Program service revenue | $5,951,200 | $5,497,335 | $708,741 | $878,585 | $1,023,764 |
| Membership dues | $0 | $0 | $0 | $0 | $0 |
| Investment income | $18,319 | ($176,612) | ($27,030) | $5,669 | $11,989 |
| Other revenue | $315,504 | $259,934 | $664,995 | $266,934 | $288,049 |
| Total other revenue | $6,285,023 | $5,580,657 | $1,346,706 | $1,151,188 | $1,323,802 |
| Total revenue | $8,461,654 | $7,425,963 | $8,931,425 | $7,932,474 | $7,231,752 |
| Expenses | 2024 | 2023 | 2022 | 2021 | 2020 |
| Program services | $6,276,300 | $5,983,834 | $6,391,158 | $6,289,321 | $6,986,708 |
| Management and general | $910,453 | $928,430 | $621,493 | $510,037 | $404,873 |
| Fundraising | $682,346 | $613,216 | $643,754 | $615,343 | $644,931 |
| Total expenses | $7,869,099 | $7,525,480 | $7,656,405 | $7,414,701 | $8,036,512 |
| Change in net assets | 2024 | 2023 | 2022 | 2021 | 2020 |
| Surplus (deficit) | $592,555 | ($99,517) | $1,275,020 | $517,773 | ($804,760) |
| Other changes in net assets | $0 | $0 | $0 | $0 | $0 |
| Total change in net assets | $592,555 | ($99,517) | $1,275,020 | $517,773 | ($804,760) |
Compensation
| Name | Title | Compensation |
| Micah Andrews | Chief Executive Officer | $120,000 |
| Darrel G Garrett | Chief Operating Officer | $92,650 |
| Victor C Slay | Chief Financial Officer | $87,745 |
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 9/24/2024. To update the information below, please email: [email protected]
History
1971 - Bessemer Rescue Mission is founded by Sam Reynolds. Rev. Bob Bell, a recovered alcoholic, is appointed the first executive director.
1978 - With the help of Board Chairman Rev. Gerald Price and his friends, Bessemer Rescue Mission constructs a 5,000-square-foot building.
1992 - Bessemer Rescue Mission opens a shelter for women.
1996 - Rev. Bill Heintz becomes executive director of the Bessemer Rescue Mission with a vision to provide a place for men and women addicted to drugs and alcohol to permanently transform their lives through the power of Jesus Christ.
1997 - First Alliance Church in Bessemer is purchased and renovated to provide additional beds for men in the long-term Recovery Program, marking the beginning of the City of Hope.
1998 - Auto Center opens.
2004 - City of Hope changes its name to The Foundry Rescue Mission and Recovery Center. The original mission building is renovated to include a commercial kitchen, dining room, and food pantry. The Foundry Thrift Store relocates and becomes Alabama's largest thrift store.
2005 - The Foundry merges with Re-Entry Ministries. The First Baptist Church of Bessemer is purchased to become the Foundry Women's Center.
2006 - The Foundry Medical Center opens.
2007 - The Foundry opens a new Worship Center, which includes a 600-seat auditorium for weekly worship services.
2008 - The Women's Dormitory opens, offering shelter for 52 women in the Recovery Program. The Foundry Farm opens near Cullman, AL as an extension of the Men's Recovery Program. The Education Center opens.
2009 - The Foundry becomes a founding member of the Association of Christian Recovery Ministries, now one of the largest associations of its kind, representing approximately 5,000 faith-based beds.
2010 - The former women's facility is renovated to provide transitional housing for up to 12 women who have completed the Recovery Program. The Foundry Dental Center opens.
2010 - The Foundry helped amend Alabama's mental health laws through the Alabama legislature, protecting consumer choice and religious freedom.
2011 - The Foundry celebrates 40 years of reshaping lives. A new Foundry Thrift Store opens in Cullman.
2012 - The Foundry Thrift Store in Bessemer relocates to a larger space in Fairfield.
2014 - The name is updated to The Foundry Ministries. A collaboration forms with Changes Lives Christian Center (CLCC) in Birmingham.
2016 - The Foundry Farm expands to double capacity in Cullman. Micah Andrews becomes CEO.
The Foundry helped pass a consumer protection bill scheduling Kratom via the Alabama legislature to respond to predatory supplement industry practices that threatened recovery communities.
2017 - The Foundry Thrift Store in Pelham is opened.
2020 - The Foundry successfully worked with the Alabama Department of Public Health to protect consumers from Tianeptine, an unregulated, addictive supplement with dangerous withdrawal symptoms.
2021 - The Foundry successfully helped send a bill to the Governor's office scheduling Tianeptine and Phenibut, two illegally imported European pharmaceuticals that act like pseudo-opioids and pseudo-benzodiazepines.
2022 - The Foundry earns the Evangelical Council for Financial Accountability platinum certification status.
The Foundry revises its residential programming from nine months to six months while doubling the number of faith-informed services delivered through progress-based assessments, client-centric scheduling, and evidence-based practices.
The Foundry's client management software wins a Bonterra "Courageous Innovator" Award for its in-house-created template and paperless delivery of services.
2023 - The Foundry's new recovery programming earns Association of Christian Recovery Ministries certification with honors.
2024 - The Foundry revises its aftercare/relapse prevention programming to support improved recovery outcomes. It was the first recovery program in the country to incorporate trauma-informed substance screening into its aftercare services.
2025 - The Foundry engages in non-pharmacological treatment research with the Center for Substance Use Research and Related Conditions at the University of Alabama.
Program accomplishments
Our Impact in 2023
1,257 program inquires
606 program intakes
130 program graduates (9-month program)
76,696 nights of shelter
230,088 meals served
10,928 pastoral counseling hours
13,833 case management hours
140,244 education and spiritual enrichment hours
201,680 employment readiness training hours
8,117 volunteer hours
118,250 education hours
Needs
Legacy Scholarship Donors - committing to covering the intake fee ($695) for our most needful recovery program applicants. Because of our generous donors, the Foundry was able to provide financial intake assistance to 10% of applicants in 2021, 31% in 2022, and 42% in 2023. The Foundry does not charge for program services.
The Foundry will soon embark on its largest capital campaign in its 54-year history. With more than 20 aging facilities, we need matching and challenge grants to inspire others to support safer, healthier, and more encouraging life-recovery environments as we prepare for the next 50 years of permanently transformed lives.