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
Transparency grade
C
To understand our transparency grade, click here.
Financial efficiency ratings
Sector: Rescue Missions/Homeless Shelters
| Category | Rating | Overall rank | Sector rank |
| Overall efficiency rating | | 875 of 1115 | 107 of 141 |
| Fund acquisition rating | | 829 of 1116 | 111 of 141 |
| Resource allocation rating | | 806 of 1116 | 93 of 141 |
| Asset utilization rating | | 579 of 1115 | 73 of 141 |
Financial ratios
| Funding ratios | Sector median | 2023 | 2022 | 2021 | 2020 | 2019 |
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 ratios | Sector median | 2023 | 2022 | 2021 | 2020 | 2019 |
Program expense ratio Program expense ratio = Program services / Total expenses | 78% | 76% | 79% | 80% | 76% | 74% |
Spending ratio Spending ratio = Total expenses / Total revenue | 92% | 108% | 84% | 93% | 107% | 105% |
Program output ratio Program output ratio = Program services / Total revenue | 73% | 82% | 67% | 74% | 82% | 78% |
Savings ratio Savings ratio = Surplus (deficit) / Total revenue | 8% | -8% | 16% | 7% | -7% | -5% |
Reserve accumulation rate Reserve accumulation rate = Surplus (deficit) / Net assets | 5% | -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 ratios | Sector median | 2023 | 2022 | 2021 | 2020 | 2019 |
Total asset turnover Total asset turnover = Total expenses / Total assets | 0.53 | 0.53 | 0.60 | 0.64 | 0.58 | 0.54 |
Degree of long-term investment Degree of long-term investment = Total assets / Total current assets | 2.85 | 3.12 | 3.76 | 4.31 | 5.62 | 6.09 |
Current asset turnover Current asset turnover = Total expenses / Total current assets | 1.82 | 1.67 | 2.27 | 2.74 | 3.24 | 3.29 |
| Liquidity ratios | Sector median | 2023 | 2022 | 2021 | 2020 | 2019 |
Current ratio Current ratio = Total current assets / Total current liabilities | 12.60 | 43.31 | 92.83 | 89.70 | 15.12 | 9.88 |
Current liabilities ratio Current liabilities ratio = Total current liabilities / Total current assets | 0.07 | 0.02 | 0.01 | 0.01 | 0.07 | 0.10 |
Liquid reserve level Liquid reserve level = (Total current assets - Total current liabilities) / (Total expenses / 12) | 5.87 | 7.04 | 5.23 | 4.33 | 3.46 | 3.28 |
| Solvency ratios | Sector median | 2023 | 2022 | 2021 | 2020 | 2019 |
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 | 154% | 121% | 110% | 99% | 102% | 115% |
Financials
| Balance sheet | |||||
| Assets | 2023 | 2022 | 2021 | 2020 | 2019 |
| 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 |
| Liabilities | 2023 | 2022 | 2021 | 2020 | 2019 |
| 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 assets | 2023 | 2022 | 2021 | 2020 | 2019 |
| 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 | |||||
| Revenue | 2023 | 2022 | 2021 | 2020 | 2019 |
| 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 |
| Expenses | 2023 | 2022 | 2021 | 2020 | 2019 |
| 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 assets | 2023 | 2022 | 2021 | 2020 | 2019 |
| 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
| Name | Title | Compensation |
| Jonathan Anderson | Executive 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.