Wyoming Rescue Mission

The information on this page was last updated 11/8/2022. If you see errors or omissions, please email: [email protected]


Summary

Since 1978, Wyoming Rescue Mission has welcomed anyone from our community in need of refuge, recovery and rehabilitation. We call it "restorative hospitality" - that is, offering a nurturing, healing space where those experiencing homelessness, hunger, addiction or poverty are empowered to transform their lives through the love of Christ.


Contact information

Mailing address:
Wyoming Rescue Mission
PO Box 2030
Casper, WY 82602

Website: wyomission.org

Phone: 307-265-3002

Email: [email protected]


Organization details

EIN: 742347412

CEO/President: Brad Hopkins

Chairman: Bob Lemmon

Board size: 7

Founder: Rev. Munchler

Ruling year: 1985

Tax deductible: Yes

Fiscal year end: 06/30

Member of ECFA: Yes

Member of ECFA since: 2015


Purpose

Wyoming Rescue Mission will nurture sanctuaries of radical hospitality where the homeless and needy experience the transforming love of Jesus thus propelling the church into the lead role alleviating poverty in Wyoming.

Our prayer is for Wyoming's hurting and homeless to be transformed through our restorative hospitality: that is, our faith-driven compassion, our connection to the community and our pursuit of life transformation.


Mission statement

Restored Lives through compassion and care for people's immediate needs: food, shelter, clothing and other essentials.

Transformed Lives through healing and Christ's love: recovery programs, life-skills classes, job training, Bible study and prayer.


Statement of faith

Donor confidence score

Show donor confidence score details

Transparency grade

A

To understand our transparency grade, click here.


Financial efficiency ratings

Sector: Rescue Missions/Homeless Shelters

CategoryRatingOverall rankSector rank
Overall efficiency rating502 of 102281 of 155
Fund acquisition rating228 of 102528 of 155
Resource allocation rating528 of 102572 of 155
Asset utilization rating771 of 1022131 of 155

Financial ratios

Funding ratiosSector median20212020201920182017
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
9%5%13%11%10%8%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
8%5%13%12%10%8%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
92%94%99%106%98%98%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
10%13%16%17%18%14%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
8%6%1%-6%2%2%
 
Operating ratiosSector median20212020201920182017
Program expense ratio Program expense ratio =
Program services /
Total expenses
79%81%78%75%72%78%
Spending ratio Spending ratio =
Total expenses /
Total revenue
85%37%78%71%54%57%
Program output ratio Program output ratio =
Program services /
Total revenue
67%30%61%53%39%44%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
15%63%22%29%46%43%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
12%40%10%14%32%47%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
9%6%6%9%10%8%
 
Investing ratiosSector median20212020201920182017
Total asset turnover Total asset turnover =
Total expenses /
Total assets
0.530.220.310.280.320.59
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
2.922.453.985.563.721.97
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
1.620.531.221.581.201.17
 
Liquidity ratiosSector median20212020201920182017
Current ratio Current ratio =
Total current assets /
Total current liabilities
14.1937.3312.0812.861.9122.42
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.070.030.080.080.520.04
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
6.1022.029.007.024.809.77
 
Solvency ratiosSector median20212020201920182017
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
8%7%14%18%15%4%
Debt ratio Debt ratio =
Debt /
Total assets
1%6%12%16%1%2%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
155%429%280%291%265%161%

Financials

Balance sheet
 
Assets20212020201920182017
Cash$3,713,523$1,686,793$872,021$1,488,185$1,998,145
Receivables, inventories, prepaids$76,437$159,408$269,266$373,393$116,017
Short-term investments$1,839,225$372,955$352,117$0$0
Other current assets$0$0$0$0$0
Total current assets$5,629,185$2,219,156$1,493,404$1,861,578$2,114,162
Long-term investments$0$0$0$424,260$400,354
Fixed assets$7,974,301$6,468,469$6,638,922$4,478,207$1,495,065
Other long-term assets$200,982$151,873$163,716$168,990$161,074
Total long-term assets$8,175,283$6,620,342$6,802,638$5,071,457$2,056,493
Total assets$13,804,468$8,839,498$8,296,042$6,933,035$4,170,655
 
Liabilities20212020201920182017
Payables and accrued expenses$150,796$134,275$116,168$972,561$94,299
Other current liabilities$0$49,456$0$0$0
Total current liabilities$150,796$183,731$116,168$972,561$94,299
Debt$842,764$1,060,768$1,338,348$74,598$90,000
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$0$0$0$0$0
Total long-term liabilities$842,764$1,060,768$1,338,348$74,598$90,000
Total liabilities$993,560$1,244,499$1,454,516$1,047,159$184,299
 
Net assets20212020201920182017
Without donor restrictions$10,257,361$7,161,005$6,324,998$4,861,641$1,790,774
With donor restrictions$2,553,547$433,994$516,528$1,024,235$2,195,582
Net assets$12,810,908$7,594,999$6,841,526$5,885,876$3,986,356
 
Revenues and expenses
 
Revenue20212020201920182017
Total contributions$7,659,757$3,420,768$3,521,025$4,033,246$4,301,537
Program service revenue$0$0$0$0$0
Membership dues$0$0$0$0$0
Investment income$84,996$28,785($230,076)$51,659$23,707
Other revenue$383,664$13,545$38,872$36,935$43,442
Total other revenue$468,660$42,330($191,204)$88,594$67,149
Total revenue$8,128,417$3,463,098$3,329,821$4,121,840$4,368,686
 
Expenses20212020201920182017
Program services$2,428,831$2,111,954$1,757,767$1,604,268$1,927,642
Management and general$173,722$165,448$204,686$222,606$195,341
Fundraising$382,374$435,559$390,277$397,842$357,223
Total expenses$2,984,927$2,712,961$2,352,730$2,224,716$2,480,206
 
Change in net assets20212020201920182017
Surplus (deficit)$5,143,490$750,137$977,091$1,897,124$1,888,480
Other changes in net assets$0$0$0$0$0
Total change in net assets$5,143,490$750,137$977,091$1,897,124$1,888,480

Compensation

Compensation data for this ministry has not been collected.


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 11/8/2022. To update the information below, please email: [email protected]


History

The Wyoming Rescue Mission (WRM) began ministering to the homeless in 1978. Founded by Rev. Munchler, Soul's Anchor, as it was then called, operated an emergency shelter from a storefront on CY Avenue. In 1991, Soul's Anchor moved into the newly acquired and renovated Park Street Hotel and opened the Central Wyoming Rescue Mission. Rev. Dan Gorman was hired as the new executive director in May of 1991.

In 1995, we purchased property across from the Park Street Hotel and placed two modular homes for the Discipleship Program, a Christ-centered transitional housing program for men. The Discipleship Program provided an opportunity to offer more in-depth services, in addition to basic emergency services. One year later, we opened Rescued Treasures Thrift Store to provide needed funding, as well as opportunities for program guests to learn valuable work skills and job readiness.

Rev. Carl Wolosin took over as executive director in 1998. The growing population of women and children in need led to the opening of the Women's Transformation Center in 2007. The Center houses the women's Emergency Services and Discipleship Recovery Programs.

Brad Hopkins was hired as the Executive Director in 2012. In 2017, we launched another needed expansion of our facilities and changed the name of our organization to Wyoming Rescue Mission.

For a timeline, visit: wyomission.org/who-we-are/history/


Program accomplishments

Here's how we help every year...
60,862 meals served
41,037 beds provided
92 Discipleship Recovery Program participants
1,208 thrift store vouchers
5597 case management sessions
93,150 life restoring classes


Needs