Redwood Gospel Mission

The information on this page was last updated 11/29/2022. If you see errors or omissions, please email: [email protected]


Summary

In the grace and power of Jesus Christ, thousands of people in Sonoma County have poured themselves out for the hungry and afflicted through the ministry of the Redwood Gospel Mission. And because of their efforts, a light has shown in the darkness. It is a light which is much more than the landmark neon "Jesus Saves" sign that has lighted up the corner or 6th and Wilson for the last 5 decades.

It is a light brought about by the transformed lives which have resulted from the ministries of all those who have poured themselves out. Beginning as a 14 bed shelter in 1963, the Mission now mobilizes the community to minister to the needy through a variety of homeless services, recovery programs, vocational training, jail ministries, outreach events, and thrift store.


Contact information

Mailing address:
Redwood Gospel Mission
PO Box 493
Santa Rosa, CA 95402

Website: srmission.org

Phone: 707-578-1830

Email: [email protected]


Organization details

EIN: 946122045

CEO/President: Jeff Gilman

Chairman: Kevin P. O'Malley

Board size: 9

Founder:

Ruling year: 1965

Tax deductible: Yes

Fiscal year end: 09/30

Member of ECFA: Yes

Member of ECFA since: 1997


Purpose

We envision a time when all gospel-centered churches in the North Bay area will have an effective, measurable, transformational ministry to the needy in partnership with the Redwood Gospel Mission.

Redwood represents the geographical area of our service community, the "Redwood Empire." We serve all of Sonoma County; also reaching out to the surrounding counties which have no Rescue Ministries.

Gospel is from the Latin word for good news. It is our desire to bring the good news of Christ's salvation to everyone we serve and to bring the good news of hope for an improved life through the various services we provide.

Mission is not intended to imply simply a building. We define "Mission" as a purpose or aim. It is our objective or Mission, that lives would be transformed through mobilizing and equipping people in this community to minister to the needy, thus fulfilling the Gospel imperative "For in as much as ye did it unto one of the least of these my brethren, ye did it unto Me."


Mission statement

The Redwood Gospel Mission, in the grace and power of Jesus Christ, mobilizes our community to minister to the needy so that lives are transformed.


Statement of faith

We believe the Bible to be the inspired, only infallible, authoritative Word of God.

We believe there is only one God, eternally existent in three Persons: Father, Son, and Holy Spirit.

We believe in the deity of Christ, in His birth through the Virgin Mary, in His sinless life, in His miracles,

In His vicarious and atoning death through His shed blood, in His bodily resurrection, in His ascension to the right hand of the Father, and in His personal return in power and glory.

We believe that for the salvation of lost and sinful men, regeneration by the Holy Spirit is absolutely essential.

We believe in the present ministry of the Holy Spirit, by whose indwelling, the Christian is enabled to lead a godly life.

We believe in the resurrection of both the saved and the lost, that those who are saved enjoy eternal life with God and those who are lost suffer eternal separation from him.

We believe in the spiritual unity of believers in our Lord Jesus Christ.

Donor confidence score

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Transparency grade

A

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Financial efficiency ratings

Sector: Rescue Missions/Homeless Shelters

CategoryRatingOverall rankSector rank
Overall efficiency rating537 of 108556 of 144
Fund acquisition rating566 of 108876 of 144
Resource allocation rating506 of 108855 of 144
Asset utilization rating540 of 108566 of 144

Financial ratios

Funding ratiosSector median20222021202020192018
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
11%11%9%6%12%12%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
9%11%10%6%11%12%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
92%94%107%98%94%95%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
11%13%12%11%12%13%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
8%6%-7%2%6%5%
 
Operating ratiosSector median20222021202020192018
Program expense ratio Program expense ratio =
Program services /
Total expenses
79%81%83%83%83%82%
Spending ratio Spending ratio =
Total expenses /
Total revenue
87%79%82%54%93%89%
Program output ratio Program output ratio =
Program services /
Total revenue
68%64%68%45%77%73%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
13%21%18%46%7%11%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
9%16%14%68%18%30%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
9%6%5%6%5%5%
 
Investing ratiosSector median20222021202020192018
Total asset turnover Total asset turnover =
Total expenses /
Total assets
0.520.580.530.561.010.98
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
2.614.684.3610.407.526.32
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
1.622.722.305.857.586.18
 
Liquidity ratiosSector median20222021202020192018
Current ratio Current ratio =
Total current assets /
Total current liabilities
14.137.537.803.483.483.53
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.070.130.130.290.290.28
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
6.853.824.541.461.131.39
 
Solvency ratiosSector median20222021202020192018
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
7%3%19%29%55%61%
Debt ratio Debt ratio =
Debt /
Total assets
0%0%16%26%52%56%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
167%167%154%126%44%40%

Financials

Balance sheet
 
Assets20222021202020192018
Cash$1,956,055$2,333,627$924,248$595,757$692,635
Receivables, inventories, prepaids$218,769$209,791$130,395$151,203$141,419
Short-term investments$0$0$0$0$0
Other current assets$0$0$0$0$0
Total current assets$2,174,824$2,543,418$1,054,643$746,960$834,054
Long-term investments$3,586,246$4,218,129$0$0$0
Fixed assets$4,416,397$4,318,185$4,502,300$4,474,864$4,389,018
Other long-term assets$11,000$10,500$5,415,136$396,842$45,704
Total long-term assets$8,013,643$8,546,814$9,917,436$4,871,706$4,434,722
Total assets$10,188,467$11,090,232$10,972,079$5,618,666$5,268,776
 
Liabilities20222021202020192018
Payables and accrued expenses$288,853$325,950$303,463$214,778$236,159
Other current liabilities$0$0$0$0$0
Total current liabilities$288,853$325,950$303,463$214,778$236,159
Debt$0$1,738,539$2,900,000$2,898,796$2,976,797
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$0$0$0$1$0
Total long-term liabilities$0$1,738,539$2,900,000$2,898,797$2,976,797
Total liabilities$288,853$2,064,489$3,203,463$3,113,575$3,212,956
 
Net assets20222021202020192018
Without donor restrictions$5,653,875$4,299,729$2,317,835$2,126,441$1,660,478
With donor restrictions$4,245,739$4,726,014$5,450,781$378,650$395,342
Net assets$9,899,614$9,025,743$7,768,616$2,505,091$2,055,820
 
Revenues and expenses
 
Revenue20222021202020192018
Total contributions$7,072,211$7,576,915$11,220,213$5,768,478$5,483,021
Program service revenue$0$317,408($14,409)$77,142$5,800
Membership dues$0$0$0$0$0
Investment income$107,338($793,791)$5,059$4,262($271)
Other revenue$336,876$13,291$226,477$262,287$275,793
Total other revenue$444,214($463,092)$217,127$343,691$281,322
Total revenue$7,516,425$7,113,823$11,437,340$6,112,169$5,764,343
 
Expenses20222021202020192018
Program services$4,794,453$4,837,900$5,129,418$4,695,373$4,210,608
Management and general$338,214$305,885$347,780$287,759$275,340
Fundraising$792,390$712,911$696,617$679,766$665,637
Total expenses$5,925,057$5,856,696$6,173,815$5,662,898$5,151,585
 
Change in net assets20222021202020192018
Surplus (deficit)$1,591,368$1,257,127$5,263,525$449,271$612,758
Other changes in net assets$0$0$0$0$0
Total change in net assets$1,591,368$1,257,127$5,263,525$449,271$612,758

Compensation

NameTitleCompensation
Jeffrey W GilmanExecutive Director$136,110
Lucy WoolumsDirector of Finance$82,304

Compensation data as of: 9/30/2022


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 11/29/2022. To update the information below, please email: [email protected]


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