Denver Rescue Mission

The information on this page was last updated 6/13/2022. If you see errors or omissions, please email: [email protected]


Summary

We are committed to helping people who are experiencing homelessness and addiction in our city change their lives. Thanks to the support of friends like you, we meet their needs through emergency services, rehabilitation, transitional programs, and community outreach.


Contact information

Mailing address:
Denver Rescue Mission
PO Box 5206
Denver, CO 80217

Website: denverrescuemission.org

Phone: (303) 297-1815

Email: [email protected]


Organization details

EIN: 846038762

CEO/President: Brad Meuli

Chairman: Don Manuell

Board size: 10

Founder: Joshua Gravett

Ruling year: 1931

Tax deductible: Yes

Fiscal year end: 06/30

Member of ECFA: Yes

Member of ECFA since: 1991


Purpose

Denver Rescue Mission has been serving the most vulnerable in our community for more than 128 years. Our history is rooted in a love of Christ and a commitment to share that love with others.

At multiple locations throughout our community, we help restore the lives of people experiencing homelessness and addiction through emergency services, rehabilitation, transitional programs, and community outreach.


Mission statement

Denver Rescue Mission is changing lives in the name of Christ by meeting people at their physical and spiritual points of need with the goal of returning them to society as productive, self-sufficient citizens.


Statement of faith

Denver Rescue Mission is a non-denominational Christian organization. We are committed to the following essential truths of biblical Christianity.

We believe in:

The divine inspiration of the Bible and its importance as the only rule of faith and practice. (2 Timothy 3:16, 2 Peter 1:21, John 17:17)

The unique Deity of our Lord and Savior, Jesus Christ. (John 1:1-3, Hebrews 1:1-8, Isaiah 7:14)

Salvation by grace, through faith in our Lord and Savior, Jesus Christ. (Romans 3:24-26, Ephesians 2:8-9, Romans 5:1-2)

The responsibility and duty of every believer to live a godly life in Jesus Christ and give the gospel to every creature. (Mark 16:15, Ephesians 2:10)

The personal, visible and imminent return of our Lord and Savior, Jesus Christ. (Acts 1:10-11, John 14:3)

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 rating232 of 103347 of 161
Fund acquisition rating597 of 1035103 of 161
Resource allocation rating257 of 103542 of 161
Asset utilization rating215 of 103335 of 161

Financial ratios

Funding ratiosSector median20212020201920182017
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
9%11%13%13%15%15%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
8%10%12%13%13%14%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
91%86%93%96%90%95%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
10%11%13%13%14%15%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
9%14%7%4%10%5%
 
Operating ratiosSector median20212020201920182017
Program expense ratio Program expense ratio =
Program services /
Total expenses
80%85%83%83%81%80%
Spending ratio Spending ratio =
Total expenses /
Total revenue
87%86%88%99%93%98%
Program output ratio Program output ratio =
Program services /
Total revenue
69%73%74%82%75%79%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
13%14%12%1%7%2%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
11%17%12%1%6%2%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
9%3%4%4%5%5%
 
Investing ratiosSector median20212020201920182017
Total asset turnover Total asset turnover =
Total expenses /
Total assets
0.550.920.830.860.800.82
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
2.972.732.923.523.714.33
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
1.742.512.413.042.983.55
 
Liquidity ratiosSector median20212020201920182017
Current ratio Current ratio =
Total current assets /
Total current liabilities
14.307.297.306.246.643.72
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.070.140.140.160.150.27
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
5.794.124.293.323.422.47
 
Solvency ratiosSector median20212020201920182017
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
9%8%7%10%11%15%
Debt ratio Debt ratio =
Debt /
Total assets
2%1%2%6%7%9%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
150%100%112%104%111%103%

Financials

Balance sheet
 
Assets20212020201920182017
Cash$13,594,955$4,063,133$2,312,961$2,566,500$5,962,555
Receivables, inventories, prepaids$4,031,889$2,253,776$1,791,439$1,217,594$1,390,390
Short-term investments$2,365,505$9,127,942$7,624,035$7,262,419$2,004,931
Other current assets$0$0$0$0$0
Total current assets$19,992,349$15,444,851$11,728,435$11,046,513$9,357,876
Long-term investments$0$0$0$0$0
Fixed assets$34,475,936$29,505,955$29,318,992$29,729,261$30,895,169
Other long-term assets$124,048$152,842$204,390$212,194$291,649
Total long-term assets$34,599,984$29,658,797$29,523,382$29,941,455$31,186,818
Total assets$54,592,333$45,103,648$41,251,817$40,987,968$40,544,694
 
Liabilities20212020201920182017
Payables and accrued expenses$2,701,055$2,100,736$1,837,320$1,609,673$2,472,015
Other current liabilities$41,298$14,993$41,987$54,540$41,094
Total current liabilities$2,742,353$2,115,729$1,879,307$1,664,213$2,513,109
Debt$578,928$953,171$2,309,037$2,680,646$3,672,718
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$1,012,621$122,856$39,259$39,418$36,236
Total long-term liabilities$1,591,549$1,076,027$2,348,296$2,720,064$3,708,954
Total liabilities$4,333,902$3,191,756$4,227,603$4,384,277$6,222,063
 
Net assets20212020201920182017
Without donor restrictions$49,825,448$41,324,389$35,352,135$35,122,967$33,076,642
With donor restrictions$432,983$587,503$1,672,079$1,480,724$1,245,989
Net assets$50,258,431$41,911,892$37,024,214$36,603,691$34,322,631
 
Revenues and expenses
 
Revenue20212020201920182017
Total contributions$50,481,618$39,345,479$34,424,260$31,585,740$32,135,180
Program service revenue$8,390,121$2,647,516$1,868,321$1,717,672$1,542,123
Membership dues$0$0$0$0$0
Investment income($106,576)$129,540($288,590)$1,899,898$10,801
Other revenue($186,514)$41,279$17,990$71,213$69,790
Total other revenue$8,097,031$2,818,335$1,597,721$3,688,783$1,622,714
Total revenue$58,578,649$42,163,814$36,021,981$35,274,523$33,757,894
 
Expenses20212020201920182017
Program services$42,895,822$31,037,272$29,549,412$26,588,674$26,680,904
Management and general$1,755,825$1,317,666$1,432,368$1,760,482$1,652,662
Fundraising$5,572,270$4,935,250$4,626,836$4,586,077$4,878,070
Total expenses$50,223,917$37,290,188$35,608,616$32,935,233$33,211,636
 
Change in net assets20212020201920182017
Surplus (deficit)$8,354,732$4,873,626$413,365$2,339,290$546,258
Other changes in net assets$0$0$0$0$0
Total change in net assets$8,354,732$4,873,626$413,365$2,339,290$546,258

Compensation

NameTitleCompensation
Brad MeuliPresident/CEO$258,767
Kevin MannCFO$178,997
Griff FreyschlagVP Development$170,588
Josh GeppeltVP of Programs$132,243
John MorarieVP of Operations$122,263
Shirley NormanController$112,909

Compensation data as of: 6/30/2021


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 6/13/2022. To update the information below, please email: [email protected]


History

Click here for a timeline: https://denverrescuemission.org/who-we-are/our-history/


Program accomplishments

815,516 meals provided

322,027 nights of shelter

82 new life program graduates

170 families moved into permanent housing


Needs

Your support changes the lives of men, women and children every day. Thank you for partnering with us to help people in need.