Denver Rescue Mission

The information on this page was last updated 4/25/2023. 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: Joseph Fortna

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 rating450 of 111256 of 141
Fund acquisition rating795 of 1113105 of 141
Resource allocation rating347 of 111343 of 141
Asset utilization rating346 of 111240 of 141

Financial ratios

Funding ratiosSector median20232022202120202019
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
12%17%15%11%13%13%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
10%14%12%10%12%13%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
93%79%77%86%93%96%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
11%14%14%11%13%13%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
7%21%23%14%7%4%
 
Operating ratiosSector median20232022202120202019
Program expense ratio Program expense ratio =
Program services /
Total expenses
78%83%83%85%83%83%
Spending ratio Spending ratio =
Total expenses /
Total revenue
90%99%86%86%88%99%
Program output ratio Program output ratio =
Program services /
Total revenue
71%82%71%73%74%82%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
10%1%14%14%12%1%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
6%1%13%17%12%1%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
9%3%3%3%4%4%
 
Investing ratiosSector median20232022202120202019
Total asset turnover Total asset turnover =
Total expenses /
Total assets
0.520.740.770.920.830.86
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
2.862.442.882.732.923.52
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
1.691.822.222.512.413.04
 
Liquidity ratiosSector median20232022202120202019
Current ratio Current ratio =
Total current assets /
Total current liabilities
13.6712.158.827.297.306.24
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.070.080.110.140.140.16
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
6.456.064.794.124.293.32
 
Solvency ratiosSector median20232022202120202019
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
9%12%4%8%7%10%
Debt ratio Debt ratio =
Debt /
Total assets
0%9%0%1%2%6%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
157%118%124%100%112%104%

Financials

Balance sheet
 
Assets20232022202120202019
Cash$6,833,420$15,858,698$13,594,955$4,063,133$2,312,961
Receivables, inventories, prepaids$3,740,256$2,987,938$4,031,889$2,253,776$1,791,439
Short-term investments$16,551,437$2,111,249$2,365,505$9,127,942$7,624,035
Other current assets$0$0$0$0$0
Total current assets$27,125,113$20,957,885$19,992,349$15,444,851$11,728,435
Long-term investments$0$0$0$0$0
Fixed assets$38,958,331$39,290,515$34,475,936$29,505,955$29,318,992
Other long-term assets$107,152$109,204$124,048$152,842$204,390
Total long-term assets$39,065,483$39,399,719$34,599,984$29,658,797$29,523,382
Total assets$66,190,596$60,357,604$54,592,333$45,103,648$41,251,817
 
Liabilities20232022202120202019
Payables and accrued expenses$2,189,140$2,345,015$2,701,055$2,100,736$1,837,320
Other current liabilities$43,379$31,280$41,298$14,993$41,987
Total current liabilities$2,232,519$2,376,295$2,742,353$2,115,729$1,879,307
Debt$5,778,748$193,365$578,928$953,171$2,309,037
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$38,802$38,950$1,012,621$122,856$39,259
Total long-term liabilities$5,817,550$232,315$1,591,549$1,076,027$2,348,296
Total liabilities$8,050,069$2,608,610$4,333,902$3,191,756$4,227,603
 
Net assets20232022202120202019
Without donor restrictions$56,851,132$56,230,736$49,825,448$41,324,389$35,352,135
With donor restrictions$1,289,395$1,518,258$432,983$587,503$1,672,079
Net assets$58,140,527$57,748,994$50,258,431$41,911,892$37,024,214
 
Revenues and expenses
 
Revenue20232022202120202019
Total contributions$39,496,600$41,685,938$50,481,618$39,345,479$34,424,260
Program service revenue$10,137,515$9,401,655$8,390,121$2,647,516$1,868,321
Membership dues$0$0$0$0$0
Investment income$396,865($61,306)($106,576)$129,540($288,590)
Other revenue($11,366)$3,039,974($186,514)$41,279$17,990
Total other revenue$10,523,014$12,380,323$8,097,031$2,818,335$1,597,721
Total revenue$50,019,614$54,066,261$58,578,649$42,163,814$36,021,981
 
Expenses20232022202120202019
Program services$40,833,230$38,549,480$42,895,822$31,037,272$29,549,412
Management and general$1,700,652$1,571,059$1,755,825$1,317,666$1,432,368
Fundraising$6,758,671$6,450,504$5,572,270$4,935,250$4,626,836
Total expenses$49,292,553$46,571,043$50,223,917$37,290,188$35,608,616
 
Change in net assets20232022202120202019
Surplus (deficit)$727,061$7,495,218$8,354,732$4,873,626$413,365
Other changes in net assets$0$0$0$0$0
Total change in net assets$727,061$7,495,218$8,354,732$4,873,626$413,365

Compensation

NameTitleCompensation
Brad MeuliPresident/CEO$297,718
Griff FreyschlagVP Development$180,766
Sherri HeronemaVP of HR$146,271
Shirley NormanController$132,537
John MorarieVP Operations$131,075
Brad JessenSenior Dr Philanthropy$118,272
Chris JorgensenCFO$46,104

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 4/25/2023. 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

1,015,731 meals provided

351,471 nights of shelter

80 new life program graduates

480 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.