Merced Rescue Mission
The information on this page was last updated 10/24/2024. If you see errors or omissions, please email: [email protected]
Summary
For over 25 years, the MCRM (Merced County Rescue Mission) has served as a beacon of hope and a safe haven for the homeless and working poor. MCRM was founded in 1991 by Tommy and Letitia Miller whose hearts were touched by the plight of homeless living on the streets. They established a faith-based organization to reach out with compassion by providing food, water, shelter, clothing and hope. This kind of gesture was the foundation for what has become one of the largest providers of assistance to the homeless in Merced County.
Contact information
Mailing address:
Merced Rescue Mission
644 West 20th street
Merced, CA 95340
Website: mercedcountyrescuemission.org
Phone: 209-722-9269
Email: [email protected]
Organization details
EIN: 770284849
CEO/President: Dr. Bruce Metcalf
Chairman: Mark Mayo
Board size: 7
Founder: Tommy and Letitia Miller
Ruling year: 2013
Tax deductible: Yes
Fiscal year end: 06/30
Member of ECFA: No
Member of ECFA since:
Purpose
Our Vision: Unhoused people of Merced County being fed, housed, and transformed through the power of Jesus Christ.
Mission statement
Our Mission: To serve unhoused people of Merced County and provide hope and life transformation through Jesus Christ.
Statement of faith
Donor confidence score
Show donor confidence score detailsTransparency grade
D
To understand our transparency grade, click here.
Financial efficiency ratings
Sector: Rescue Missions/Homeless Shelters
Category | Rating | Overall rank | Sector rank |
Overall efficiency rating | 897 of 1107 | 106 of 138 | |
Fund acquisition rating | 121 of 1108 | 4 of 138 | |
Resource allocation rating | 1105 of 1108 | 138 of 138 | |
Asset utilization rating | 1055 of 1107 | 136 of 138 |
Financial ratios
Funding ratios | Sector median | 2023 | 2022 | 2021 | 2020 | 2019 |
Return on fundraising efforts Return on fundraising efforts = Fundraising expense / Total contributions | 11% | 0% | 2% | 0% | 0% | 0% |
Fundraising cost ratio Fundraising cost ratio = Fundraising expense / Total revenue | 10% | 0% | 2% | 0% | 0% | 0% |
Contributions reliance Contributions reliance = Total contributions / Total revenue | 93% | 77% | 92% | 87% | 97% | 96% |
Fundraising expense ratio Fundraising expense ratio = Fundraising expense / Total expenses | 11% | 0% | 3% | 0% | 0% | 0% |
Other revenue reliance Other revenue reliance = Total other revenue / Total revenue | 7% | 23% | 8% | 13% | 3% | 4% |
Operating ratios | Sector median | 2023 | 2022 | 2021 | 2020 | 2019 |
Program expense ratio Program expense ratio = Program services / Total expenses | 79% | 24% | 65% | 80% | 82% | 84% |
Spending ratio Spending ratio = Total expenses / Total revenue | 94% | 100% | 63% | 68% | 82% | 83% |
Program output ratio Program output ratio = Program services / Total revenue | 74% | 24% | 41% | 54% | 68% | 69% |
Savings ratio Savings ratio = Surplus (deficit) / Total revenue | 6% | 0% | 37% | 32% | 18% | 17% |
Reserve accumulation rate Reserve accumulation rate = Surplus (deficit) / Net assets | 5% | 0% | 22% | 51% | 31% | 26% |
General and admin ratio General and admin ratio = Management and general expense / Total expenses | 9% | 76% | 33% | 20% | 18% | 16% |
Investing ratios | Sector median | 2023 | 2022 | 2021 | 2020 | 2019 |
Total asset turnover Total asset turnover = Total expenses / Total assets | 0.53 | 0.27 | 0.21 | 0.53 | 1.24 | 1.23 |
Degree of long-term investment Degree of long-term investment = Total assets / Total current assets | 2.92 | 11.00 | 7.81 | 4.73 | 2.60 | 3.13 |
Current asset turnover Current asset turnover = Total expenses / Total current assets | 1.77 | 2.97 | 1.60 | 2.51 | 3.21 | 3.84 |
Liquidity ratios | Sector median | 2023 | 2022 | 2021 | 2020 | 2019 |
Current ratio Current ratio = Total current assets / Total current liabilities | 12.15 | 0.00 | 0.00 | 126.72 | 45.23 | 49.57 |
Current liabilities ratio Current liabilities ratio = Total current liabilities / Total current assets | 0.07 | 0.00 | 0.00 | 0.01 | 0.02 | 0.02 |
Liquid reserve level Liquid reserve level = (Total current assets - Total current liabilities) / (Total expenses / 12) | 6.03 | 4.05 | 7.50 | 4.75 | 3.65 | 3.06 |
Solvency ratios | Sector median | 2023 | 2022 | 2021 | 2020 | 2019 |
Liabilities ratio Liabilities ratio = Total liabilities / Total assets | 8% | 60% | 46% | 51% | 11% | 4% |
Debt ratio Debt ratio = Debt / Total assets | 0% | 60% | 46% | 50% | 6% | 0% |
Reserve coverage ratio Reserve coverage ratio = Net assets / Total expenses | 154% | 148% | 261% | 93% | 72% | 78% |
Financials
Balance sheet | |||||
Assets | 2023 | 2022 | 2021 | 2020 | 2019 |
Cash | $478,448 | $646,912 | $472,274 | $477,262 | $366,363 |
Receivables, inventories, prepaids | $123,456 | $182,308 | $908,833 | $204,991 | $15,016 |
Short-term investments | $0 | $0 | $0 | $0 | $0 |
Other current assets | $0 | $0 | $0 | $0 | $0 |
Total current assets | $601,904 | $829,220 | $1,381,107 | $682,253 | $381,379 |
Long-term investments | $4,189,697 | $4,201,450 | $4,038,875 | $0 | $0 |
Fixed assets | $1,797,857 | $1,443,886 | $1,104,774 | $1,075,710 | $796,817 |
Other long-term assets | $29,544 | $0 | $4,910 | $12,642 | $15,760 |
Total long-term assets | $6,017,098 | $5,645,336 | $5,148,559 | $1,088,352 | $812,577 |
Total assets | $6,619,002 | $6,474,556 | $6,529,666 | $1,770,605 | $1,193,956 |
Liabilities | 2023 | 2022 | 2021 | 2020 | 2019 |
Payables and accrued expenses | $0 | $0 | $10,899 | $15,083 | $7,693 |
Other current liabilities | $0 | $0 | $0 | $0 | $0 |
Total current liabilities | $0 | $0 | $10,899 | $15,083 | $7,693 |
Debt | $3,955,030 | $2,990,169 | $3,250,000 | $109,800 | $0 |
Due to (from) affiliates | $0 | $0 | $0 | $0 | $0 |
Other long-term liabilities | $25,821 | $18,879 | $49,173 | $78,411 | $38,454 |
Total long-term liabilities | $3,980,851 | $3,009,048 | $3,299,173 | $188,211 | $38,454 |
Total liabilities | $3,980,851 | $3,009,048 | $3,310,072 | $203,294 | $46,147 |
Net assets | 2023 | 2022 | 2021 | 2020 | 2019 |
Without donor restrictions | $2,638,151 | $3,465,508 | $0 | $0 | $0 |
With donor restrictions | $0 | $0 | $0 | $0 | $0 |
Net assets | $2,638,151 | $3,465,508 | $3,219,594 | $1,567,311 | $1,147,809 |
Revenues and expenses | |||||
Revenue | 2023 | 2022 | 2021 | 2020 | 2019 |
Total contributions | $1,384,576 | $1,938,706 | $4,456,177 | $2,581,905 | $1,703,666 |
Program service revenue | $294,615 | $58,720 | $522,796 | $0 | $0 |
Membership dues | $0 | $0 | $0 | $0 | $0 |
Investment income | $218 | $59,640 | $30,514 | $128 | $106 |
Other revenue | $109,026 | $43,260 | $103,868 | $90,080 | $64,591 |
Total other revenue | $403,859 | $161,620 | $657,178 | $90,208 | $64,697 |
Total revenue | $1,788,435 | $2,100,326 | $5,113,355 | $2,672,113 | $1,768,363 |
Expenses | 2023 | 2022 | 2021 | 2020 | 2019 |
Program services | $424,684 | $857,349 | $2,766,563 | $1,803,852 | $1,224,070 |
Management and general | $1,360,511 | $436,080 | $694,509 | $387,053 | $241,254 |
Fundraising | $0 | $34,113 | $0 | $0 | $0 |
Total expenses | $1,785,195 | $1,327,542 | $3,461,072 | $2,190,905 | $1,465,324 |
Change in net assets | 2023 | 2022 | 2021 | 2020 | 2019 |
Surplus (deficit) | $3,240 | $772,784 | $1,652,283 | $481,208 | $303,039 |
Other changes in net assets | $0 | $0 | $0 | $0 | $0 |
Total change in net assets | $3,240 | $772,784 | $1,652,283 | $481,208 | $303,039 |
Compensation
Name | Title | Compensation |
Bettie Stephens | Treasurer | $62,400 |
Dr Bruce Metcalf | Executive Dir. | $62,400 |
Compensation data as of: 6/30/2023
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 10/24/2024. To update the information below, please email: [email protected]
History
MCRM was founded in 1991 by Tommy and Letitia Miller whose hearts were touched by the plight of homeless living on the streets. When the Miller's retired in 2004, Dr. Herbert Opalek was called to both lead and expand the Mission's outreach. Under his direction, the New Life Transformation program was established for both men and women, which are now known as our Hope for Men and Hope for Women programs. An Outreach Meals program was also established. He led the Mission until April of 2011.
In 2011, Dr. Bruce Metcalf was called to become the new C.E.O. of the Merced County Rescue Mission. Under his leadership, he continued to implement innovative programs designed to offer the greatest long-term benefit to those who take advantage of them. Transition to Hope, our sober living programs for men and women, Hope Medical Respite Care, Hope for Families and our seasonal Winter Warming Shelter.
From our humble beginnings, a rising tide of community support has enlarged the Merced Rescue Mission through several temporary buildings and residential homes throughout Merced.