Wyoming Rescue Mission 
The information on this page was last updated 10/27/2023. 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
230 N. Park Street
Casper, WY 82601
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
WRM 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
The Wyoming Rescue Mission restores homeless lives with the love of Christ to community independence.
Statement of faith
We believe the Bible to be the inspired, the only infallible, Authoritative Word of God. (2 Timothy 3:16-17)
We believe there is one God, eternally existent in three "persons:" Father, Son, and Holy Spirit. (Ephesians 4:4-6)
We believe in the deity and humanity of Jesus Christ, in His virgin birth, in His sinless life, in His miracles, in His substitutional and atoning death through His shed blood and sacrificial death on the cross, in His bodily resurrection, in His ascension to the right hand of the Father, in His present rule as Head of the Church and in His personal power and glory. (John 1:1-3)
We believe God created the world and that he uniquely created humans in his image, male and female with incredible dignity, purpose, and value. (Genesis 1)
We believe that for the salvation of the lost and sinful mankind, regeneration (being born-again) by the Holy Spirit through receiving Jesus Christ as personal Savior and Lord is absolutely essential. (John 14:6)
We believe in the present ministry of the Holy Spirit, by whose indwelling, the Christian is enabled to live a godly life. (John 14:26)
We believe in the resurrection of both the saved and the lost, they that are saved unto the resurrection of life eternal and they that are lost unto the resurrection of damnation. (1 Corinthians 15:51-53)
We believe in the spiritual unity of all born-again believers in our Lord Jesus Christ, as the universal church and earthly representation of Christ (Matthew 16:18), with equality across racial, sex, and class differences. (Galatians 3:26)
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 | | 757 of 1117 | 96 of 138 |
| Fund acquisition rating | | 692 of 1118 | 84 of 138 |
| Resource allocation rating | | 370 of 1118 | 54 of 138 |
| Asset utilization rating | | 938 of 1117 | 122 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% | 14% | 11% | 12% | 5% | 13% |
Fundraising cost ratio Fundraising cost ratio = Fundraising expense / Total revenue | 10% | 13% | 10% | 12% | 5% | 13% |
Contributions reliance Contributions reliance = Total contributions / Total revenue | 92% | 92% | 94% | 95% | 94% | 99% |
Fundraising expense ratio Fundraising expense ratio = Fundraising expense / Total expenses | 11% | 13% | 13% | 12% | 13% | 16% |
Other revenue reliance Other revenue reliance = Total other revenue / Total revenue | 8% | 8% | 6% | 5% | 6% | 1% |
| Operating ratios | Sector median | 2024 | 2023 | 2022 | 2021 | 2020 |
Program expense ratio Program expense ratio = Program services / Total expenses | 80% | 82% | 82% | 81% | 81% | 78% |
Spending ratio Spending ratio = Total expenses / Total revenue | 95% | 98% | 82% | 93% | 37% | 78% |
Program output ratio Program output ratio = Program services / Total revenue | 75% | 80% | 67% | 75% | 30% | 61% |
Savings ratio Savings ratio = Surplus (deficit) / Total revenue | 5% | 2% | 18% | 7% | 63% | 22% |
Reserve accumulation rate Reserve accumulation rate = Surplus (deficit) / Net assets | 5% | 1% | 6% | 2% | 40% | 10% |
General and admin ratio General and admin ratio = Management and general expense / Total expenses | 9% | 6% | 6% | 7% | 6% | 6% |
| Investing ratios | Sector median | 2024 | 2023 | 2022 | 2021 | 2020 |
Total asset turnover Total asset turnover = Total expenses / Total assets | 0.53 | 0.31 | 0.27 | 0.25 | 0.22 | 0.31 |
Degree of long-term investment Degree of long-term investment = Total assets / Total current assets | 2.95 | 4.49 | 3.43 | 3.48 | 2.45 | 3.98 |
Current asset turnover Current asset turnover = Total expenses / Total current assets | 1.75 | 1.38 | 0.93 | 0.88 | 0.53 | 1.22 |
| Liquidity ratios | Sector median | 2024 | 2023 | 2022 | 2021 | 2020 |
Current ratio Current ratio = Total current assets / Total current liabilities | 13.50 | 15.96 | 25.75 | 19.65 | 37.33 | 12.08 |
Current liabilities ratio Current liabilities ratio = Total current liabilities / Total current assets | 0.07 | 0.06 | 0.04 | 0.05 | 0.03 | 0.08 |
Liquid reserve level Liquid reserve level = (Total current assets - Total current liabilities) / (Total expenses / 12) | 6.33 | 8.14 | 12.43 | 12.99 | 22.02 | 9.00 |
| Solvency ratios | Sector median | 2024 | 2023 | 2022 | 2021 | 2020 |
Liabilities ratio Liabilities ratio = Total liabilities / Total assets | 9% | 16% | 9% | 10% | 7% | 14% |
Debt ratio Debt ratio = Debt / Total assets | 0% | 13% | 6% | 9% | 6% | 12% |
Reserve coverage ratio Reserve coverage ratio = Net assets / Total expenses | 154% | 274% | 334% | 357% | 429% | 280% |
Financials
| Balance sheet | |||||
| Assets | 2024 | 2023 | 2022 | 2021 | 2020 |
| Cash | $1,359,504 | $2,677,236 | $2,379,664 | $3,713,523 | $1,686,793 |
| Receivables, inventories, prepaids | $324,357 | $45,227 | $114,801 | $76,437 | $159,408 |
| Short-term investments | $1,952,062 | $1,686,037 | $1,551,318 | $1,839,225 | $372,955 |
| Other current assets | $0 | $0 | $0 | $0 | $0 |
| Total current assets | $3,635,923 | $4,408,500 | $4,045,783 | $5,629,185 | $2,219,156 |
| Long-term investments | $0 | $0 | $0 | $0 | $0 |
| Fixed assets | $12,340,921 | $10,209,476 | $7,265,796 | $7,974,301 | $6,468,469 |
| Other long-term assets | $356,565 | $482,113 | $2,756,989 | $200,982 | $151,873 |
| Total long-term assets | $12,697,486 | $10,691,589 | $10,022,785 | $8,175,283 | $6,620,342 |
| Total assets | $16,333,409 | $15,100,089 | $14,068,568 | $13,804,468 | $8,839,498 |
| Liabilities | 2024 | 2023 | 2022 | 2021 | 2020 |
| Payables and accrued expenses | $223,931 | $169,720 | $205,872 | $150,796 | $134,275 |
| Other current liabilities | $3,951 | $1,500 | $0 | $0 | $49,456 |
| Total current liabilities | $227,882 | $171,220 | $205,872 | $150,796 | $183,731 |
| Debt | $2,158,719 | $959,119 | $1,217,438 | $842,764 | $1,060,768 |
| Due to (from) affiliates | $0 | $0 | $0 | $0 | $0 |
| Other long-term liabilities | $166,704 | $303,671 | $0 | $0 | $0 |
| Total long-term liabilities | $2,325,423 | $1,262,790 | $1,217,438 | $842,764 | $1,060,768 |
| Total liabilities | $2,553,305 | $1,434,010 | $1,423,310 | $993,560 | $1,244,499 |
| Net assets | 2024 | 2023 | 2022 | 2021 | 2020 |
| Without donor restrictions | $13,290,243 | $13,496,141 | $11,685,572 | $10,257,361 | $7,161,005 |
| With donor restrictions | $489,861 | $169,938 | $959,686 | $2,553,547 | $433,994 |
| Net assets | $13,780,104 | $13,666,079 | $12,645,258 | $12,810,908 | $7,594,999 |
| Revenues and expenses | |||||
| Revenue | 2024 | 2023 | 2022 | 2021 | 2020 |
| Total contributions | $4,695,014 | $4,694,370 | $3,621,817 | $7,659,757 | $3,420,768 |
| Program service revenue | $0 | $0 | $0 | $0 | $0 |
| Membership dues | $0 | $0 | $0 | $0 | $0 |
| Investment income | $249,168 | $61,362 | $122,791 | $84,996 | $28,785 |
| Other revenue | $164,503 | $219,538 | $56,704 | $383,664 | $13,545 |
| Total other revenue | $413,671 | $280,900 | $179,495 | $468,660 | $42,330 |
| Total revenue | $5,108,685 | $4,975,270 | $3,801,312 | $8,128,417 | $3,463,098 |
| Expenses | 2024 | 2023 | 2022 | 2021 | 2020 |
| Program services | $4,102,037 | $3,335,050 | $2,859,942 | $2,428,831 | $2,111,954 |
| Management and general | $285,053 | $239,287 | $247,096 | $173,722 | $165,448 |
| Fundraising | $639,555 | $514,993 | $439,637 | $382,374 | $435,559 |
| Total expenses | $5,026,645 | $4,089,330 | $3,546,675 | $2,984,927 | $2,712,961 |
| Change in net assets | 2024 | 2023 | 2022 | 2021 | 2020 |
| Surplus (deficit) | $82,040 | $885,940 | $254,637 | $5,143,490 | $750,137 |
| Other changes in net assets | $0 | $0 | $0 | $0 | $0 |
| Total change in net assets | $82,040 | $885,940 | $254,637 | $5,143,490 | $750,137 |
Compensation
| Name | Title | Compensation |
| Brad Hopkins | Executive Dir. | $83,528 |
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 10/27/2023. 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