Redwood Gospel Mission 
The information on this page was last updated 12/13/2023. If you see errors or omissions, please email: [email protected]
Summary
The Redwood Gospel Mission is the largest privately-funded provider of homeless services in Northern California. We help people to help themselves break the chains of addiction, homelessness and unemployment through safe, overnight shelters, emergency food, job development training and recovery programs.
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
Transparency grade
A
To understand our transparency grade, click here.
Financial efficiency ratings
Sector: Rescue Missions/Homeless Shelters
| Category | Rating | Overall rank | Sector rank |
| Overall efficiency rating | | 146 of 1118 | 21 of 141 |
| Fund acquisition rating | | 492 of 1119 | 62 of 141 |
| Resource allocation rating | | 171 of 1119 | 26 of 141 |
| Asset utilization rating | | 226 of 1118 | 23 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% | 10% | 11% | 9% | 6% | 12% |
Fundraising cost ratio Fundraising cost ratio = Fundraising expense / Total revenue | 10% | 10% | 11% | 10% | 6% | 11% |
Contributions reliance Contributions reliance = Total contributions / Total revenue | 93% | 95% | 94% | 107% | 98% | 94% |
Fundraising expense ratio Fundraising expense ratio = Fundraising expense / Total expenses | 11% | 10% | 13% | 12% | 11% | 12% |
Other revenue reliance Other revenue reliance = Total other revenue / Total revenue | 7% | 5% | 6% | -7% | 2% | 6% |
| Operating ratios | Sector median | 2023 | 2022 | 2021 | 2020 | 2019 |
Program expense ratio Program expense ratio = Program services / Total expenses | 78% | 85% | 81% | 83% | 83% | 83% |
Spending ratio Spending ratio = Total expenses / Total revenue | 93% | 101% | 79% | 82% | 54% | 93% |
Program output ratio Program output ratio = Program services / Total revenue | 73% | 86% | 64% | 68% | 45% | 77% |
Savings ratio Savings ratio = Surplus (deficit) / Total revenue | 7% | -1% | 21% | 18% | 46% | 7% |
Reserve accumulation rate Reserve accumulation rate = Surplus (deficit) / Net assets | 5% | -1% | 16% | 14% | 68% | 18% |
General and admin ratio General and admin ratio = Management and general expense / Total expenses | 9% | 5% | 6% | 5% | 6% | 5% |
| Investing ratios | Sector median | 2023 | 2022 | 2021 | 2020 | 2019 |
Total asset turnover Total asset turnover = Total expenses / Total assets | 0.53 | 0.77 | 0.58 | 0.53 | 0.56 | 1.01 |
Degree of long-term investment Degree of long-term investment = Total assets / Total current assets | 2.85 | 5.68 | 4.68 | 4.36 | 10.40 | 7.52 |
Current asset turnover Current asset turnover = Total expenses / Total current assets | 1.74 | 4.38 | 2.72 | 2.30 | 5.85 | 7.58 |
| Liquidity ratios | Sector median | 2023 | 2022 | 2021 | 2020 | 2019 |
Current ratio Current ratio = Total current assets / Total current liabilities | 11.95 | 5.45 | 7.53 | 7.80 | 3.48 | 3.48 |
Current liabilities ratio Current liabilities ratio = Total current liabilities / Total current assets | 0.08 | 0.18 | 0.13 | 0.13 | 0.29 | 0.29 |
Liquid reserve level Liquid reserve level = (Total current assets - Total current liabilities) / (Total expenses / 12) | 6.06 | 2.24 | 3.82 | 4.54 | 1.46 | 1.13 |
| Solvency ratios | Sector median | 2023 | 2022 | 2021 | 2020 | 2019 |
Liabilities ratio Liabilities ratio = Total liabilities / Total assets | 9% | 3% | 3% | 19% | 29% | 55% |
Debt ratio Debt ratio = Debt / Total assets | 0% | 0% | 0% | 16% | 26% | 52% |
Reserve coverage ratio Reserve coverage ratio = Net assets / Total expenses | 154% | 126% | 167% | 154% | 126% | 44% |
Financials
| Balance sheet | |||||
| Assets | 2023 | 2022 | 2021 | 2020 | 2019 |
| Cash | $1,647,459 | $1,956,055 | $2,333,627 | $924,248 | $595,757 |
| Receivables, inventories, prepaids | $214,303 | $218,769 | $209,791 | $130,395 | $151,203 |
| Short-term investments | $0 | $0 | $0 | $0 | $0 |
| Other current assets | $0 | $0 | $0 | $0 | $0 |
| Total current assets | $1,861,762 | $2,174,824 | $2,543,418 | $1,054,643 | $746,960 |
| Long-term investments | $3,899,141 | $3,586,246 | $4,218,129 | $0 | $0 |
| Fixed assets | $4,799,430 | $4,416,397 | $4,318,185 | $4,502,300 | $4,474,864 |
| Other long-term assets | $11,000 | $11,000 | $10,500 | $5,415,136 | $396,842 |
| Total long-term assets | $8,709,571 | $8,013,643 | $8,546,814 | $9,917,436 | $4,871,706 |
| Total assets | $10,571,333 | $10,188,467 | $11,090,232 | $10,972,079 | $5,618,666 |
| Liabilities | 2023 | 2022 | 2021 | 2020 | 2019 |
| Payables and accrued expenses | $341,711 | $288,853 | $325,950 | $303,463 | $214,778 |
| Other current liabilities | $0 | $0 | $0 | $0 | $0 |
| Total current liabilities | $341,711 | $288,853 | $325,950 | $303,463 | $214,778 |
| Debt | $0 | $0 | $1,738,539 | $2,900,000 | $2,898,796 |
| Due to (from) affiliates | $0 | $0 | $0 | $0 | $0 |
| Other long-term liabilities | $0 | $0 | $0 | $0 | $1 |
| Total long-term liabilities | $0 | $0 | $1,738,539 | $2,900,000 | $2,898,797 |
| Total liabilities | $341,711 | $288,853 | $2,064,489 | $3,203,463 | $3,113,575 |
| Net assets | 2023 | 2022 | 2021 | 2020 | 2019 |
| Without donor restrictions | $5,620,123 | $5,653,875 | $4,299,729 | $2,317,835 | $2,126,441 |
| With donor restrictions | $4,609,499 | $4,245,739 | $4,726,014 | $5,450,781 | $378,650 |
| Net assets | $10,229,622 | $9,899,614 | $9,025,743 | $7,768,616 | $2,505,091 |
| Revenues and expenses | |||||
| Revenue | 2023 | 2022 | 2021 | 2020 | 2019 |
| Total contributions | $7,692,947 | $7,072,211 | $7,576,915 | $11,220,213 | $5,768,478 |
| Program service revenue | $0 | $0 | $317,408 | ($14,409) | $77,142 |
| Membership dues | $0 | $0 | $0 | $0 | $0 |
| Investment income | $116,693 | $107,338 | ($793,791) | $5,059 | $4,262 |
| Other revenue | $269,986 | $336,876 | $13,291 | $226,477 | $262,287 |
| Total other revenue | $386,679 | $444,214 | ($463,092) | $217,127 | $343,691 |
| Total revenue | $8,079,626 | $7,516,425 | $7,113,823 | $11,437,340 | $6,112,169 |
| Expenses | 2023 | 2022 | 2021 | 2020 | 2019 |
| Program services | $6,934,635 | $4,794,453 | $4,837,900 | $5,129,418 | $4,695,373 |
| Management and general | $418,428 | $338,214 | $305,885 | $347,780 | $287,759 |
| Fundraising | $794,418 | $792,390 | $712,911 | $696,617 | $679,766 |
| Total expenses | $8,147,481 | $5,925,057 | $5,856,696 | $6,173,815 | $5,662,898 |
| Change in net assets | 2023 | 2022 | 2021 | 2020 | 2019 |
| Surplus (deficit) | ($67,855) | $1,591,368 | $1,257,127 | $5,263,525 | $449,271 |
| Other changes in net assets | $0 | $0 | $0 | $0 | $0 |
| Total change in net assets | ($67,855) | $1,591,368 | $1,257,127 | $5,263,525 | $449,271 |
Compensation
| Name | Title | Compensation |
| Jeffrey W Gilman | Executive Director | $146,971 |
| Lucy Woolums | Director of Finance | $84,025 |
Compensation data as of: 9/30/2023
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 12/13/2023. To update the information below, please email: [email protected]