The Mission at Kern County / Bakersfield Rescue Mission
The information on this page was last updated 10/13/2023. If you see errors or omissions, please email: [email protected]
Summary
The Bakersfield Rescue Mission is an urban ministry for the restoration of those in need through the love of Jesus Chris.
Contact information
Mailing address:
The Mission at Kern County
816 E. 21st St.
Bakersfield, CA 93305
Website: themissionkc.org
Phone: 661-325-0863
Email: [email protected]
Organization details
EIN: 951890705
CEO/President: Carlos Baldovinos
Chairman: Ingrid Lake
Board size: 9
Founder:
Ruling year: 1953
Tax deductible: Yes
Fiscal year end: 09/30
Member of ECFA: No
Member of ECFA since:
Purpose
Our goal is to assist each of our residents and guests to achieve the highest possible level of independent living.
Mission statement
To offer an environment conducive to the physical, emotional and spiritual well-being of the people we serve by providing hope and a future through Jesus Christ.
Statement of faith
Donor confidence score
Show donor confidence score detailsTransparency grade
D
To understand our transparency grade, click here.
Financial efficiency ratings
Sector: Rescue Missions/Homeless Shelters
Category | Rating | Overall rank | Sector rank |
Overall efficiency rating | 709 of 1107 | 86 of 138 | |
Fund acquisition rating | 574 of 1108 | 71 of 138 | |
Resource allocation rating | 775 of 1108 | 95 of 138 | |
Asset utilization rating | 565 of 1107 | 73 of 138 |
Financial ratios
Funding ratios | Sector median | 2023 | 2022 | 2021 | 2020 | 2019 |
Return on fundraising efforts Return on fundraising efforts = Fundraising expense / Total contributions | 11% | 12% | 14% | 14% | 7% | 8% |
Fundraising cost ratio Fundraising cost ratio = Fundraising expense / Total revenue | 10% | 9% | 11% | 11% | 6% | 7% |
Contributions reliance Contributions reliance = Total contributions / Total revenue | 93% | 77% | 83% | 75% | 84% | 87% |
Fundraising expense ratio Fundraising expense ratio = Fundraising expense / Total expenses | 11% | 13% | 12% | 14% | 7% | 7% |
Other revenue reliance Other revenue reliance = Total other revenue / Total revenue | 7% | 23% | 17% | 25% | 16% | 13% |
Operating ratios | Sector median | 2023 | 2022 | 2021 | 2020 | 2019 |
Program expense ratio Program expense ratio = Program services / Total expenses | 79% | 74% | 75% | 73% | 84% | 83% |
Spending ratio Spending ratio = Total expenses / Total revenue | 94% | 70% | 91% | 76% | 82% | 101% |
Program output ratio Program output ratio = Program services / Total revenue | 74% | 52% | 68% | 56% | 69% | 84% |
Savings ratio Savings ratio = Surplus (deficit) / Total revenue | 6% | 30% | 9% | 24% | 18% | -1% |
Reserve accumulation rate Reserve accumulation rate = Surplus (deficit) / Net assets | 5% | 22% | 7% | 18% | 23% | -1% |
General and admin ratio General and admin ratio = Management and general expense / Total expenses | 9% | 13% | 13% | 14% | 8% | 10% |
Investing ratios | Sector median | 2023 | 2022 | 2021 | 2020 | 2019 |
Total asset turnover Total asset turnover = Total expenses / Total assets | 0.53 | 0.50 | 0.61 | 0.56 | 0.84 | 0.89 |
Degree of long-term investment Degree of long-term investment = Total assets / Total current assets | 2.92 | 2.63 | 3.24 | 4.42 | 3.95 | 7.43 |
Current asset turnover Current asset turnover = Total expenses / Total current assets | 1.77 | 1.32 | 1.98 | 2.49 | 3.34 | 6.65 |
Liquidity ratios | Sector median | 2023 | 2022 | 2021 | 2020 | 2019 |
Current ratio Current ratio = Total current assets / Total current liabilities | 12.15 | 11.50 | 10.74 | 7.03 | 2.70 | 1.34 |
Current liabilities ratio Current liabilities ratio = Total current liabilities / Total current assets | 0.07 | 0.09 | 0.09 | 0.14 | 0.37 | 0.75 |
Liquid reserve level Liquid reserve level = (Total current assets - Total current liabilities) / (Total expenses / 12) | 6.03 | 8.27 | 5.49 | 4.14 | 2.26 | 0.46 |
Solvency ratios | Sector median | 2023 | 2022 | 2021 | 2020 | 2019 |
Liabilities ratio Liabilities ratio = Total liabilities / Total assets | 8% | 4% | 4% | 6% | 16% | 16% |
Debt ratio Debt ratio = Debt / Total assets | 0% | 1% | 1% | 2% | 7% | 6% |
Reserve coverage ratio Reserve coverage ratio = Net assets / Total expenses | 154% | 191% | 157% | 168% | 100% | 93% |
Financials
Balance sheet | |||||
Assets | 2023 | 2022 | 2021 | 2020 | 2019 |
Cash | $1,823,505 | $2,041,534 | $1,789,889 | $1,801,007 | $680,642 |
Receivables, inventories, prepaids | $158,334 | $203,985 | $105,956 | $142,472 | $124,046 |
Short-term investments | $2,488,173 | $522,846 | $0 | $0 | $0 |
Other current assets | $0 | $0 | $0 | $0 | $0 |
Total current assets | $4,470,012 | $2,768,365 | $1,895,845 | $1,943,479 | $804,688 |
Long-term investments | $0 | $0 | $111,269 | $0 | $0 |
Fixed assets | $7,291,192 | $6,185,239 | $6,363,833 | $5,652,894 | $5,169,565 |
Other long-term assets | $1,073 | $10,431 | $2,352 | $81,683 | $6,268 |
Total long-term assets | $7,292,265 | $6,195,670 | $6,477,454 | $5,734,577 | $5,175,833 |
Total assets | $11,762,277 | $8,964,035 | $8,373,299 | $7,678,056 | $5,980,521 |
Liabilities | 2023 | 2022 | 2021 | 2020 | 2019 |
Payables and accrued expenses | $308,359 | $209,503 | $237,171 | $594,412 | $243,717 |
Other current liabilities | $80,500 | $48,243 | $32,372 | $126,283 | $357,330 |
Total current liabilities | $388,859 | $257,746 | $269,543 | $720,695 | $601,047 |
Debt | $76,642 | $110,157 | $191,229 | $501,056 | $380,857 |
Due to (from) affiliates | $0 | $0 | $0 | $0 | $0 |
Other long-term liabilities | $0 | $0 | $0 | $0 | $0 |
Total long-term liabilities | $76,642 | $110,157 | $191,229 | $501,056 | $380,857 |
Total liabilities | $465,501 | $367,903 | $460,772 | $1,221,751 | $981,904 |
Net assets | 2023 | 2022 | 2021 | 2020 | 2019 |
Without donor restrictions | $9,268,612 | $7,764,811 | $7,875,043 | $6,267,301 | $4,905,153 |
With donor restrictions | $2,028,164 | $831,321 | $37,484 | $189,004 | $93,464 |
Net assets | $11,296,776 | $8,596,132 | $7,912,527 | $6,456,305 | $4,998,617 |
Revenues and expenses | |||||
Revenue | 2023 | 2022 | 2021 | 2020 | 2019 |
Total contributions | $6,490,668 | $5,003,631 | $4,626,802 | $6,661,757 | $4,596,740 |
Program service revenue | $1,778,551 | $822,081 | $1,384,522 | $1,164,766 | $494,269 |
Membership dues | $0 | $0 | $0 | $0 | $0 |
Investment income | $65,698 | $14,368 | $4,752 | $36,244 | $6,174 |
Other revenue | $126,440 | $214,651 | $149,058 | $79,607 | $196,242 |
Total other revenue | $1,970,689 | $1,051,100 | $1,538,332 | $1,280,617 | $696,685 |
Total revenue | $8,461,357 | $6,054,731 | $6,165,134 | $7,942,374 | $5,293,425 |
Expenses | 2023 | 2022 | 2021 | 2020 | 2019 |
Program services | $4,385,480 | $4,109,554 | $3,426,628 | $5,465,763 | $4,461,464 |
Management and general | $756,094 | $694,556 | $638,128 | $539,399 | $518,310 |
Fundraising | $780,019 | $685,883 | $648,189 | $479,524 | $369,613 |
Total expenses | $5,921,593 | $5,489,993 | $4,712,945 | $6,484,686 | $5,349,387 |
Change in net assets | 2023 | 2022 | 2021 | 2020 | 2019 |
Surplus (deficit) | $2,539,764 | $564,738 | $1,452,189 | $1,457,688 | ($55,962) |
Other changes in net assets | $0 | $0 | $0 | $0 | $0 |
Total change in net assets | $2,539,764 | $564,738 | $1,452,189 | $1,457,688 | ($55,962) |
Compensation
Name | Title | Compensation |
Carlos Baldovinos | Executive Director | $165,378 |
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 10/13/2023. To update the information below, please email: [email protected]