Gateway Rescue Mission

The information on this page was last updated 5/1/2023. If you see errors or omissions, please email: [email protected]


Summary

Gateway Rescue Mission serves the physical and spiritual needs of the homeless. We do this by providing tasty, nutritious meals for the body, a clean bed for the night, and a message of hope in Jesus Christ for the soul.

We also offer programs for those seeking biblical life transformation.


Contact information

Mailing address:
Gateway Rescue Mission
PO Box 3763
Jackson, MS 39207

Website: gatewaymission.org

Phone: 601-353-5864

Email: [email protected]


Organization details

EIN: 640369382

CEO/President: Rex Baker

Chairman: Robert Saums

Board size: 11

Founder: Captain Len Martin

Ruling year: 1960

Tax deductible: Yes

Fiscal year end: 12/31

Member of ECFA: Yes

Member of ECFA since: 2012


Purpose

We can't save anyone. That's God's job. Our job is to be a vessel. That's what we are at Gateway Rescue Mission... God's vessel to pour out His mercy on those whom He will show mercy right here in Jackson, Mississippi.

Gateway Rescue Mission serves the physical and spiritual needs of the homeless. We do this by providing tasty, nutritious meals for the body, a clean bed for the night, and a message of hope in Jesus Christ for the soul. We also offer programs for those seeking biblical life transformation.


Mission statement

Gateway Rescue Mission exists to offer life changing hope through the Gospel of Jesus Christ to homeless men, women, and children through programs to deliver food, shelter, counseling and discipleship.


Statement of faith

We believe:

In one Triune God; Father, Son and Holy Spirit, eternal in being, identical in nature, equal in power and glory and having precisely the same attributes and perfections (2 Corinthians 13:14)

In the plenary, verbal inspiration of the Scriptures, both of the Old and New Testaments. By this we understand that the Holy Spirit not only inspired the thoughts of the writers, but also formulated the very word structure into which the thoughts were cast with the result that the original documents were inerrant as to fact and infallible as to truth. (2 Timothy 3:16-17; 2 Peter 1:20-21)

That man was created in the image and likeness of God but through Adam's sin, became alienated from God, acquired a sin nature, and came under the judicial sentence of death (Genesis 1:25-27; Romans 3:22-23; 5:12-21; Ephesians 2:1-3,12)

That the Lord Jesus Christ, the eternal Son of God, became man, without ceasing to be God, having been conceived of the Holy Spirit and born of the virgin Mary, in order that He might reveal God and redeem sinful man. We believe that the Lord Jesus Christ accomplished our redemption through His death on the cross as a propitiatory and substitutionary sacrifice, and that our redemption is made sure to us by His resurrection from the dead in the identical, though glorified, body in which He was crucified (John 1:1-2; Romans 3:24-25; 1 Peter 1:3-5)

We believe that the Lord Jesus Christ is now in Heaven exalted at the right hand of God, where as High Priest for His people, He fulfills the ministry of Representative, Intercessor and Advocate (Romans 8:34; Hebrews 9:24; 1 John 2:1-2)

That the Holy Spirit, the third Person of the Godhead, in the present age indwells all believers in the Lord Jesus Christ, baptizes them into the Body of Christ and seals them unto the day of redemption, and we believe that every believer is commanded of God to be filled with the Holy Spirit (Romans 8:9; 1 Corinthians 12:12-14; Ephesians 1:13-14, 5:18-20)

That salvation is the gift of God offered to man by grace and received by personal faith in the Lord Jesus Christ and that this salvation is sure and eternal (John 3:16, 10:28-30; 1 John 5:11-13)

That the Church is a spiritual organism made up of all born-again persons in this age irrespective of their affiliation with Christian organizations (Ephesians 1:22-23; 5:25-27; 1 Corinthians 12:12-14)

We believe in the resurrection of the Just and the Unjust where the Just will spend eternity with their heavenly Father and the Unjust in eternal separation from God in a place reserved for them in the lake of fire. (Revelation 20:11-15)

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 rating889 of 1104106 of 140
Fund acquisition rating753 of 1105101 of 140
Resource allocation rating1044 of 1105129 of 140
Asset utilization rating461 of 110448 of 140

Financial ratios

Funding ratiosSector median20222021202020192018
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
11%17%14%16%16%15%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
10%12%9%12%11%13%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
93%74%69%73%72%85%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
11%14%14%15%13%12%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
7%26%31%27%28%15%
 
Operating ratiosSector median20222021202020192018
Program expense ratio Program expense ratio =
Program services /
Total expenses
79%65%66%68%70%69%
Spending ratio Spending ratio =
Total expenses /
Total revenue
89%88%67%81%89%110%
Program output ratio Program output ratio =
Program services /
Total revenue
70%57%44%55%62%76%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
11%12%33%19%11%-10%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
7%9%31%21%14%-13%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
9%21%20%18%17%19%
 
Investing ratiosSector median20222021202020192018
Total asset turnover Total asset turnover =
Total expenses /
Total assets
0.520.630.620.801.121.33
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
2.711.801.791.732.323.02
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
1.681.131.101.382.594.01
 
Liquidity ratiosSector median20222021202020192018
Current ratio Current ratio =
Total current assets /
Total current liabilities
13.9119.2618.3421.5411.935.74
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.070.050.050.050.080.17
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
6.4610.0710.288.304.242.47
 
Solvency ratiosSector median20222021202020192018
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
8%3%3%9%4%6%
Debt ratio Debt ratio =
Debt /
Total assets
1%0%0%0%0%0%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
160%155%158%114%86%71%

Financials

Balance sheet
 
Assets20222021202020192018
Cash$2,794,739$2,581,423$1,972,214$1,074,502$707,980
Receivables, inventories, prepaids$100,982$75,225$53,669$49,058$49,295
Short-term investments$0$0$0$0$0
Other current assets$0$0$0$0$0
Total current assets$2,895,721$2,656,648$2,025,883$1,123,560$757,275
Long-term investments$0$0$0$0$0
Fixed assets$2,312,672$2,098,292$1,465,002$1,477,135$1,516,159
Other long-term assets$6,808$9,857$6,808$6,808$12,556
Total long-term assets$2,319,480$2,108,149$1,471,810$1,483,943$1,528,715
Total assets$5,215,201$4,764,797$3,497,693$2,607,503$2,285,990
 
Liabilities20222021202020192018
Payables and accrued expenses$150,331$144,872$94,058$94,204$131,958
Other current liabilities$0$0$0$0$0
Total current liabilities$150,331$144,872$94,058$94,204$131,958
Debt$0$0$0$0$0
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$0$0$217,600$0$0
Total long-term liabilities$0$0$217,600$0$0
Total liabilities$150,331$144,872$311,658$94,204$131,958
 
Net assets20222021202020192018
Without donor restrictions$5,064,870$4,619,925$3,186,035$2,513,299$2,154,032
With donor restrictions$0$0$0$0$0
Net assets$5,064,870$4,619,925$3,186,035$2,513,299$2,154,032
 
Revenues and expenses
 
Revenue20222021202020192018
Total contributions$2,730,866$2,997,825$2,546,550$2,363,624$2,351,918
Program service revenue$969,808$804,929$904,574$891,201$950,347
Membership dues$0$0$0$0$0
Investment income$12,709$300,075$12,175$2,782($542,851)
Other revenue$722$262,840$3,693$15,747$1,147
Total other revenue$983,239$1,367,844$920,442$909,730$408,643
Total revenue$3,714,105$4,365,669$3,466,992$3,273,354$2,760,561
 
Expenses20222021202020192018
Program services$2,130,951$1,923,554$1,894,679$2,041,273$2,103,284
Management and general$690,506$596,379$490,965$496,628$586,221
Fundraising$451,520$411,846$408,612$376,186$350,763
Total expenses$3,272,977$2,931,779$2,794,256$2,914,087$3,040,268
 
Change in net assets20222021202020192018
Surplus (deficit)$441,128$1,433,890$672,736$359,267($279,707)
Other changes in net assets$0$0$0$0$0
Total change in net assets$441,128$1,433,890$672,736$359,267($279,707)

Compensation

NameTitleCompensation
Rex BakerExecutive Di$114,267
Bentley EdwardsCFO$112,441

Compensation data as of: 12/31/2022


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 5/1/2023. To update the information below, please email: [email protected]


History

Gateway Rescue Mission was founded by Captain Len Martin of the Jackson Fire Department in 1948. Captain Martin was compelled to help the homeless, and Gateway Rescue Mission remains faithful to the charge of helping the homeless. Offering hope through the Gospel of Jesus Christ, Gateway Rescue Mission is committed to providing those in need with shelter, food, clothing, and rehabilitation.


Program accomplishments

We feed hungry people...3 square meals a day, 7 days a week.

We shelter the homeless...365 days a year.

We preach the Good News of Jesus Christ.

We help those struggling with addiction.


Needs

Gateway Rescue Mission is supported by financial contributions from individuals, corporations, foundations, churches and the sales of donated items to our thrift store located in Pearl, MS. We accept no government or United Way funds. We can't do it without you!