Springs Rescue Mission

The information on this page was last updated 7/3/2025. If you see errors or omissions, please email: [email protected]


Summary

While we seek to meet the immediate needs of our homeless neighbors, our ultimate goal is to provide the support and tools necessary to create lasting change. Sometimes, with some patience, faith, and a lot of love, we see lives completely transformed.


Contact information

Mailing address:
Springs Rescue Mission
5 W Las Vegas Street
Colorado Springs, CO 80903

Website: springsrescuemission.org

Phone: (719)632-1822

Email: [email protected]


Organization details

EIN: 841340824

CEO/President: Jack Briggs

Chairman: Allison Murray

Board size: 11

Founder: Paul & Marilyn Vyzourek

Ruling year: 1996

Tax deductible: Yes

Fiscal year end: 06/30

Member of ECFA: Yes

Member of ECFA since: 2005


Purpose

It is our commitment to meet our guests as they are; providing life-changing services and offering a welcoming and safe environment for transformation.

We want to see lives transformed for eternity and filled with hope as our community works together to fight homelessness, poverty and addiction.


Mission statement

Because of our love for and obedience to God, our mission is to mobilize the community to provide Housing, Health and Work services.


Statement of faith

Springs Rescue Mission uses the Nicene Creed as its statement of faith:

We believe in one God,
the Father, the Almighty,
maker of heaven and earth,
of all that is seen and unseen.
We believe in one Lord, Jesus Christ,
the only Son of God,
eternally begotten of the Father,
God from God, Light from Light,
true God from true God,
begotten, not made, one in Being with the Father.
Through him all things were made.
For us men and for our salvation
he came down from heaven:
by the power of the Holy Spirit
he was born of the Virgin Mary, and became man.

For our sake he was crucified under Pontius Pilate,
he suffered, died, and was buried.
On the third day he rose again
in fulfillment of the Scriptures;
he ascended into heaven
and is seated at the right hand of the Father.
He will come again in glory to judge the living and the dead,
and his kingdom will have no end.
We believe in the Holy Spirit, the Lord, the giver of life,
who proceeds from the Father and the Son.
With the Father and the Son he is worshiped and glorified.
He has spoken through the Prophets.
We believe in one holy catholic and apostolic Church.
We acknowledge one baptism for the forgiveness of sins.
We look for the resurrection of the dead
and the life of the world to come. Amen.

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 rating70 of 113411 of 139
Fund acquisition rating550 of 113465 of 139
Resource allocation rating2 of 11341 of 139
Asset utilization rating58 of 11346 of 139

According to the organization's Form 990, it received $2,809,976 in government grants in 2024.


Financial ratios

Funding ratiosSector median20242023202220212020
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
12%11%13%10%8%7%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
10%11%12%10%7%7%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
92%93%93%95%95%96%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
11%5%12%11%10%9%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
8%7%7%5%5%4%
 
Operating ratiosSector median20242023202220212020
Program expense ratio Program expense ratio =
Program services /
Total expenses
80%92%83%80%77%80%
Spending ratio Spending ratio =
Total expenses /
Total revenue
96%205%104%88%73%76%
Program output ratio Program output ratio =
Program services /
Total revenue
75%187%86%70%56%61%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
4%-105%-4%12%27%24%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
3%-282%-3%8%20%22%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
9%3%5%9%13%11%
 
Investing ratiosSector median20242023202220212020
Total asset turnover Total asset turnover =
Total expenses /
Total assets
0.533.380.490.440.410.50
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
3.021.755.285.036.886.83
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
1.845.942.582.222.803.40
 
Liquidity ratiosSector median20242023202220212020
Current ratio Current ratio =
Total current assets /
Total current liabilities
13.285.825.456.153.293.13
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.070.170.180.160.300.32
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
5.621.673.794.532.982.40
 
Solvency ratiosSector median20242023202220212020
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
9%39%24%24%24%29%
Debt ratio Debt ratio =
Debt /
Total assets
0%27%20%21%20%24%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
156%18%155%173%186%143%

Financials

Balance sheet
 
Assets20242023202220212020
Cash$5,007,640$5,200,817$5,661,451$3,177,867$3,231,909
Receivables, inventories, prepaids$746,218$720,303$693,082$1,121,703$444,634
Short-term investments$0$0$0$0$0
Other current assets$0$0$0$0$0
Total current assets$5,753,858$5,921,120$6,354,533$4,299,570$3,676,543
Long-term investments$0$0$0$0$0
Fixed assets$988,650$22,119,216$22,428,466$22,129,255$18,258,715
Other long-term assets$3,354,537$3,229,069$3,204,065$3,166,475$3,166,475
Total long-term assets$4,343,187$25,348,285$25,632,531$25,295,730$21,425,190
Total assets$10,097,045$31,269,405$31,987,064$29,595,300$25,101,733
 
Liabilities20242023202220212020
Payables and accrued expenses$889,803$779,248$829,831$1,206,632$1,076,571
Other current liabilities$98,879$307,762$202,623$98,879$98,879
Total current liabilities$988,682$1,087,010$1,032,454$1,305,511$1,175,450
Debt$2,770,457$6,392,961$6,574,785$5,845,525$5,984,621
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$139,374$125,601$80,745$80,745$76,843
Total long-term liabilities$2,909,831$6,518,562$6,655,530$5,926,270$6,061,464
Total liabilities$3,898,513$7,605,572$7,687,984$7,231,781$7,236,914
 
Net assets20242023202220212020
Without donor restrictions$6,125,716$22,715,787$22,769,556$21,503,659$14,924,642
With donor restrictions$72,816$948,046$1,529,524$859,860$2,940,177
Net assets$6,198,532$23,663,833$24,299,080$22,363,519$17,864,819
 
Revenues and expenses
 
Revenue20242023202220212020
Total contributions$15,558,340$13,691,332$15,223,417$15,759,301$15,863,474
Program service revenue$695,669$714,033$661,896$596,650$518,007
Membership dues$0$0$0$0$0
Investment income$256,372$120,847$25,580$34,041$3,372
Other revenue$197,840$133,286$109,635$158,445$80,657
Total other revenue$1,149,881$968,166$797,111$789,136$602,036
Total revenue$16,708,221$14,659,498$16,020,528$16,548,437$16,465,510
 
Expenses20242023202220212020
Program services$31,288,582$12,675,977$11,269,277$9,308,792$10,021,882
Management and general$1,106,338$840,003$1,268,895$1,524,885$1,361,886
Fundraising$1,778,602$1,778,765$1,546,795$1,216,060$1,115,697
Total expenses$34,173,522$15,294,745$14,084,967$12,049,737$12,499,465
 
Change in net assets20242023202220212020
Surplus (deficit)($17,465,301)($635,247)$1,935,561$4,498,700$3,966,045
Other changes in net assets$0$0$0$0$0
Total change in net assets($17,465,301)($635,247)$1,935,561$4,498,700$3,966,045

Compensation

NameTitleCompensation
Jack BriggsCEO$215,808
Terry AndersonCOO$173,658
Travis WilliamsChief Development Officer$172,303
Jeff CookChief Programs Officer$149,294
Anissa JonesCHRO$131,251
Keith SchumacherCFO$130,801

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 7/3/2025. To update the information below, please email: [email protected]


History

In 1995, God filled Paul and Marilyn Vyzourek with a desire to serve the poor, hungry and homeless neighbors of Colorado Springs. In 1996, their ministry grew into a small, one-room food pantry - and Springs Rescue Mission was born.

For years, the small nonprofit focused on feeding the hungry. But in 2013, God made a way for SRM to open a small winter shelter with room for 37 men and women. It started with a meal and quickly became a movement of hope that would change how our community helps those in need.

The "Community of Hope" capital campaign was launched to fulfill a God-given dream of creating an extensive homeless resource campus in Colorado Springs. We envisioned it as a place where neighbors struggling with homelessness, hunger, poverty, addiction or food insecurity could come to address their legitimate need for housing, health and work.

In just five short years, our city and supporters have helped us raise $16 million to create a Campus of Hope. Donor support has created some of the nation's most innovative programs and built facilities that are transforming lives.


Program accomplishments


Needs