Good News Rescue Mission

The information on this page was last updated 5/5/2023. If you see errors or omissions, please email: [email protected]


Summary

The Good News Rescue Mission offers a hand up and the opportunity for New Life in Christ to thousands of men, women and children in our community. Religious non-profit providing emergency services (shelter, meals, clothing) and supportive services (addictions recovery, adult basic education, referral services, job readiness, financial management, etc).


Contact information

Mailing address:
Good News Rescue Mission
2842 S. Market St
Redding, CA 96001

Website: gnrm.org

Phone: 530-242-5920

Email: [email protected]


Organization details

EIN: 941652602

CEO/President: Jonathan Anderson

Chairman: Lanise Santala

Board size: 12

Founder:

Ruling year: 1968

Tax deductible: Yes

Fiscal year end: 05/31

Member of ECFA: No

Member of ECFA since:


Purpose

At the Good News Rescue Mission, we believe everyone deserves a second chance and that no one is beyond grace. We make a difference in our community when we come together to share God's love with our neighbors. Whether it's through a hot meal, safe shelter, recovery programs or job-training, your support makes a difference to our neighbors experiencing homelessness and poverty. Jesus showed His love by serving others, and that's what we try to do, too.


Mission statement

The purpose of the Good News Rescue Mission is to bring Good News to the poor, homeless, or needy of Shasta County by:

Sharing the love of God exemplified by the life and ministry of Jesus Christ.
Providing emergency subsistence services (food, shelter, and clothing).
Providing long-term recovery services.
Educating and equipping the people of Shasta County to effectively minister to needy people.


Statement of faith

We believe in the radical and unconditional love of the Father. A love so profound Jesus would pronounce forgiveness over the most unworthy, the most shameful and the most broken.

We believe in the power of the Holy Spirit to fill us with a love so deep, people can tangibly experience the love of God through us.

We believe without love nothing else matters, for the absence of love is the absence of God.

And what we believe defines how we live, because all of humanity needs to know the radical nature of the Father's love.

Donor confidence score

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Transparency grade

C

To understand our transparency grade, click here.


Financial efficiency ratings

Sector: Rescue Missions/Homeless Shelters

CategoryRatingOverall rankSector rank
Overall efficiency rating842 of 111099 of 141
Fund acquisition rating834 of 1111111 of 141
Resource allocation rating782 of 111190 of 141
Asset utilization rating549 of 111068 of 141

Financial ratios

Funding ratiosSector median20232022202120202019
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
12%17%11%11%17%17%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
10%17%11%11%17%17%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
93%98%99%101%98%99%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
11%15%12%12%16%16%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
7%2%1%-1%2%1%
 
Operating ratiosSector median20232022202120202019
Program expense ratio Program expense ratio =
Program services /
Total expenses
78%76%79%80%76%74%
Spending ratio Spending ratio =
Total expenses /
Total revenue
90%108%84%93%107%105%
Program output ratio Program output ratio =
Program services /
Total revenue
71%82%67%74%82%78%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
10%-8%16%7%-7%-5%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
6%-6%17%8%-7%-4%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
9%9%9%8%8%9%
 
Investing ratiosSector median20232022202120202019
Total asset turnover Total asset turnover =
Total expenses /
Total assets
0.520.530.600.640.580.54
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
2.863.123.764.315.626.09
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
1.691.672.272.743.243.29
 
Liquidity ratiosSector median20232022202120202019
Current ratio Current ratio =
Total current assets /
Total current liabilities
13.6743.3192.8389.7015.129.88
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.070.020.010.010.070.10
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
6.457.045.234.333.463.28
 
Solvency ratiosSector median20232022202120202019
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
9%35%33%37%41%38%
Debt ratio Debt ratio =
Debt /
Total assets
0%32%31%35%39%36%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
157%121%110%99%102%115%

Financials

Balance sheet
 
Assets20232022202120202019
Cash$2,278,439$1,724,164$1,412,057$1,113,359$995,127
Receivables, inventories, prepaids$192,018$400,450$222,382$130,800$158,808
Short-term investments$0$0$0$0$0
Other current assets$0$0$0$0$0
Total current assets$2,470,457$2,124,614$1,634,439$1,244,159$1,153,935
Long-term investments$0$0$0$0$0
Fixed assets$5,202,102$5,179,541$5,253,120$5,591,442$5,747,966
Other long-term assets$27,346$677,253$155,916$156,159$129,000
Total long-term assets$5,229,448$5,856,794$5,409,036$5,747,601$5,876,966
Total assets$7,699,905$7,981,408$7,043,475$6,991,760$7,030,901
 
Liabilities20232022202120202019
Payables and accrued expenses$57,043$22,888$18,222$24,474$86,807
Other current liabilities$0$0$0$57,808$30,000
Total current liabilities$57,043$22,888$18,222$82,282$116,807
Debt$2,500,000$2,500,000$2,500,000$2,725,581$2,500,000
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$143,818$139,176$91,117$90,602$40,924
Total long-term liabilities$2,643,818$2,639,176$2,591,117$2,816,183$2,540,924
Total liabilities$2,700,861$2,662,064$2,609,339$2,898,465$2,657,731
 
Net assets20232022202120202019
Without donor restrictions$4,776,959$5,174,307$4,299,235$4,035,843$4,309,439
With donor restrictions$222,085$145,037$134,901$57,452$63,731
Net assets$4,999,044$5,319,344$4,434,136$4,093,295$4,373,170
 
Revenues and expenses
 
Revenue20232022202120202019
Total contributions$3,728,455$5,652,946$4,850,427$3,684,934$3,578,266
Program service revenue$0$0$0$0$12,263
Membership dues$0$0$0$0$0
Investment income$30,689$7,532($41,905)$16,619$15,581
Other revenue$36,802$47,416$15,754$49,210$6,064
Total other revenue$67,491$54,948($26,151)$65,829$33,908
Total revenue$3,795,946$5,707,894$4,824,276$3,750,763$3,612,174
 
Expenses20232022202120202019
Program services$3,129,919$3,806,490$3,585,968$3,078,523$2,827,240
Management and general$351,587$416,335$358,286$320,365$342,680
Fundraising$634,740$599,861$539,181$631,750$625,946
Total expenses$4,116,246$4,822,686$4,483,435$4,030,638$3,795,866
 
Change in net assets20232022202120202019
Surplus (deficit)($320,300)$885,208$340,841($279,875)($183,692)
Other changes in net assets$0$0$0$0$0
Total change in net assets($320,300)$885,208$340,841($279,875)($183,692)

Compensation

NameTitleCompensation
Jonathan AndersonExecutive Dir.$98,020

Compensation data as of: 5/31/2023


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 5/5/2023. To update the information below, please email: [email protected]


History

Founded in 1964 by a group of concerned Christians, the Good News Rescue Mission has since offered a hand up out of emotional, physical and spiritual poverty to thousands.

What started as a 3 bedroom shelter for men has grown into a 389-bed facility offering various services to men, women and children in need. All free of charge.

Our heart for Shasta County continues to expand along with our services.


Program accomplishments


Needs