Downtown Rescue Mission Inc.

The information on this page was last updated 2/3/2022. If you see errors or omissions, please email: [email protected]


Summary

The Downtown Rescue Mission, an Alabama non-profit organization, is a place of refuge offering different programs for the homeless of our community. Men, women, and children can find a warm meal and a safe place to stay at our campus. For more than four decades, the Lord has used our programs and services to rescue and transform lives for His glory. We are a Christ-centered 501(c)(3) nonprofit organization committed to bringing the hope of the Gospel to the hurting, hungry, and homeless in our community.


Contact information

Mailing address:
Downtown Rescue Mission Inc.
1400 Evangel Drive NW
Huntsville, AL 35816

Website: www.downtownrescuemission.org

Phone: (256) 536-2441

Email: [email protected]


Organization details

EIN: 630735295

CEO/President: Keith Overholt

Chairman: John Hamilton

Board size: 18

Founder: Rev. Bobby LeCroy

Ruling year: 1979

Tax deductible: Yes

Fiscal year end: 06/30

Member of ECFA: Yes

Member of ECFA since: 1994


Purpose

More than emergency meals and shelter, we work to bring lasting change to homeless lives and long-term hope to our community.


Mission statement

Our mission is to serve homeless people throughout northern Alabama and southern Tennessee by providing Christ-filled care to those in desperate need.


Statement of faith

We believe there is one God, eternal, existing as Father, Son and Holy Spirit.

We believe the Bible to be God's Word inspired by the Holy Spirit.

We believe that man was created in the image of God, holy and innocent, but in his fallen state is in need of salvation.

We believe that Jesus Christ is God, born of a virgin. He gave His life on the Cross where He, Who knew no sin, was made sin for us; He was buried and rose again from the dead and ascended into heaven and is coming again.

We believe that we are saved by grace through faith, apart from works, that the sinner who repents and personally accepts the finished work of Christ on the Cross becomes a child of God, is made a new creature, and is indwelt by the Holy Spirit.

We believe that Jesus Christ is coming again for His church, to establish His Kingdom on earth, to judge the wicked and to dwell with the saints of God forever.

We believe that through preaching, teaching and ministering, the Downtown Rescue Mission must use all of its resources and activities to bring people under the power of the Gospel, that they may have victory over sin, come into fellowship with God and live a Spirit filled, fruitful life.

We believe marriage is a holy matrimony ordained by God between a man and a woman.

Donor confidence score

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Transparency grade

A

To understand our transparency grade, click here.


Financial efficiency ratings

Sector: Rescue Missions/Homeless Shelters

CategoryRatingOverall rankSector rank
Overall efficiency rating266 of 102446 of 154
Fund acquisition rating646 of 1027103 of 154
Resource allocation rating340 of 102751 of 154
Asset utilization rating147 of 102423 of 154

Financial ratios

Funding ratiosSector median20212020201920182017
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
9%12%12%12%10%11%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
8%12%12%12%10%11%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
93%99%99%100%100%100%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
10%13%12%11%10%14%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
7%1%1%0%0%0%
 
Operating ratiosSector median20212020201920182017
Program expense ratio Program expense ratio =
Program services /
Total expenses
79%83%85%86%88%84%
Spending ratio Spending ratio =
Total expenses /
Total revenue
85%90%101%105%108%79%
Program output ratio Program output ratio =
Program services /
Total revenue
67%75%85%90%95%66%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
15%10%-1%-5%-8%21%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
12%11%-1%-5%-4%24%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
9%4%3%3%2%2%
 
Investing ratiosSector median20212020201920182017
Total asset turnover Total asset turnover =
Total expenses /
Total assets
0.530.640.670.660.330.50
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
2.9113.2112.4012.631.684.25
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
1.578.408.358.330.552.15
 
Liquidity ratiosSector median20212020201920182017
Current ratio Current ratio =
Total current assets /
Total current liabilities
14.302.795.173.6443.7321.48
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.070.360.190.270.020.05
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
6.180.921.161.0521.415.33
 
Solvency ratiosSector median20212020201920182017
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
8%33%37%38%35%43%
Debt ratio Debt ratio =
Debt /
Total assets
1%21%26%26%25%34%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
155%105%93%94%198%113%

Financials

Balance sheet
 
Assets20212020201920182017
Cash$1,071,267$991,964$517,467$648,235$1,142,417
Receivables, inventories, prepaids$44,336$130,748$604,566$979,979$2,806,802
Short-term investments$0$0$0$6,895,841$0
Other current assets$0$0$0$0$0
Total current assets$1,115,603$1,122,712$1,122,033$8,524,055$3,949,219
Long-term investments$0$0$0$0$0
Fixed assets$7,824,892$7,028,175$7,268,498$0$7,055,802
Other long-term assets$5,797,278$5,774,991$5,777,768$5,779,799$5,775,979
Total long-term assets$13,622,170$12,803,166$13,046,266$5,779,799$12,831,781
Total assets$14,737,773$13,925,878$14,168,299$14,303,854$16,781,000
 
Liabilities20212020201920182017
Payables and accrued expenses$399,659$217,144$308,174$194,940$183,889
Other current liabilities$0$0$0$0$0
Total current liabilities$399,659$217,144$308,174$194,940$183,889
Debt$3,142,943$3,593,605$3,721,394$3,546,561$5,705,555
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$1,389,565$1,375,346$1,344,718$1,314,726$1,318,069
Total long-term liabilities$4,532,508$4,968,951$5,066,112$4,861,287$7,023,624
Total liabilities$4,932,167$5,186,095$5,374,286$5,056,227$7,207,513
 
Net assets20212020201920182017
Without donor restrictions$9,805,606$8,739,783$4,259,194$4,443,350$5,358,286
With donor restrictions$0$0$4,534,819$4,804,277$4,215,201
Net assets$9,805,606$8,739,783$8,794,013$9,247,627$9,573,487
 
Revenues and expenses
 
Revenue20212020201920182017
Total contributions$10,381,519$9,244,530$8,857,014$4,324,171$10,751,776
Program service revenue$59,920$76,993$32,020$17,865$13,790
Membership dues$0$0$0$0$0
Investment income$0$0$0$0$0
Other revenue$0$0$0$0$0
Total other revenue$59,920$76,993$32,020$17,865$13,790
Total revenue$10,441,439$9,321,523$8,889,034$4,342,036$10,765,566
 
Expenses20212020201920182017
Program services$7,794,808$7,951,719$8,009,754$4,113,564$7,132,861
Management and general$356,292$305,062$296,192$103,715$163,413
Fundraising$1,224,516$1,118,972$1,036,702$450,617$1,176,773
Total expenses$9,375,616$9,375,753$9,342,648$4,667,896$8,473,047
 
Change in net assets20212020201920182017
Surplus (deficit)$1,065,823($54,230)($453,614)($325,860)$2,292,519
Other changes in net assets$0$0$0$0$0
Total change in net assets$1,065,823($54,230)($453,614)($325,860)$2,292,519

Compensation

NameTitleCompensation
Keith OverholtCEO$143,882

Compensation data as of: 6/30/2021


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 2/3/2022. To update the information below, please email: [email protected]


History


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