Overview
What is Grant County Rescue Mission Inc?
Grant County Rescue Mission Inc, based in Marion, Indiana, is a nonprofit organization dedicated to providing assistance to the homeless community. Their mission is to offer essential necessities, including food, medical supplies, and educational materials, as well as providing emotional and spiritual support. The organization's purpose is to bring about transformation in individuals' lives through Jesus Christ, and they aim to address the root causes of homelessness, such as substance abuse, incomplete education, and inadequate skills. With a workforce of 46 employees, Grant County Rescue Mission Inc strives to improve the lives of those in need within their community.
Official website here: www.mygcrm.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 52%, One-Star out of Four Star rating.
Grant County Rescue Mission Inc has received a low overall rating of 52%, indicating some significant concerns regarding its financial management and transparency. While the organization has achieved high scores in areas such as having an independent board and effective oversight (15 out of 15 points for its audit committee), there are notable weaknesses in its policies and financial ratios that impact its overall score.
The organization boasts a fully independent board, which is a positive aspect of its governance structure. However, it lacks essential policies such as a conflict of interest policy and a whistleblower policy, scoring zero in these areas. This absence of crucial governance policies raises concerns about accountability and transparency within the organization.
Financially, Grant County Rescue Mission Inc has a problematic liabilities to assets ratio of 194.10%, indicating that its liabilities significantly exceed its assets, which could pose risks to its financial stability. Additionally, the program expense ratio of 53.36% suggests that a relatively low percentage of its expenses are directed toward its programs, which may affect its effectiveness in fulfilling its mission. These issues highlight areas where the organization needs to improve to enhance its accountability and service delivery.
This AI summary has been generated from information found on Charity Navigator.
Is Grant County Rescue Mission Inc legitimate?
Grant County Rescue Mission Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Grant County Rescue Mission Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $344,690
For more financial information, click here
Official website here: www.mygcrm.org
What is the mission statement of Grant County Rescue Mission Inc?
The Grant County Rescue Mission Inc's mission is centered around providing assistance to individuals in need. Their primary objective is to offer physical, emotional, and spiritual nourishment. This organization credits its work to Jesus Christ, with the ultimate goal of seeing lives transformed through His power. The mission also aims to address underlying issues contributing to homelessness, such as substance abuse, incomplete education, and inadequate skills. To achieve this, they provide essential items like food, medical supplies, educational materials, and other necessities.
Official website here: www.mygcrm.org
Who is the CEO of Grant County Rescue Mission Inc?
Troy Simpson is the President of Grant County Rescue Mission Inc.
Official website here: www.mygcrm.org
What is the revenue of Grant County Rescue Mission Inc?
Grant County Rescue Mission Inc's revenue in 2022 was $725,174.
Official website here: www.mygcrm.org
Who are the executives of Grant County Rescue Mission Inc and what are their salaries?
The average compensation at Grant County Rescue Mission Inc during 2022 was $7,493. There are 46 employees and 150 volunteers at Grant County Rescue Mission Inc.
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Official website here: www.mygcrm.org
Where can I find the form 990 for Grant County Rescue Mission Inc?
Grant County Rescue Mission Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.mygcrm.org
Learn more at the official website: www.mygcrm.org
Mission Statement of Grant County Rescue Mission Inc
Grant County Rescue Mission Inc is dedicated to providing assistance to individuals in need, focusing on addressing the root causes of homelessness such as substance abuse, incomplete education, and inadequate skills. Their mission is centered around bringing change to lives through the power of Jesus Christ. The organization strives to provide physical, emotional, and spiritual nourishment to those in need, addressing their basic needs which include food, medical supplies, and educational materials. By addressing these underlying issues, Grant County Rescue Mission Inc aims to help individuals overcome their challenges and lead more stable lives. The organization's ultimate purpose is to see lives transformed and improved, all in the name of their Lord Jesus Christ.
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Impact
October, 2024
Grant County Rescue Mission Inc significantly impacts the community by offering crucial physical, emotional, and spiritual nourishment to individuals in need. Located in Marion, IN, the organization addresses key factors contributing to homelessness, such as substance abuse and inadequate education, by providing food, medical supplies, educational materials, and other essentials.
By focusing on transformational change through the power of Jesus Christ, the mission fosters an environment where individuals can find support, develop necessary skills, and complete their education. This holistic approach not only meets immediate needs but also empowers individuals to create a better future for themselves, thus contributing to the overall well-being of the community.
This information is meant to be a general summary of Grant County Rescue Mission Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $46
- Program Service Revenue: $70,463
- Gross Receipts: $1,078,808
Assets and Liabilities:
- Total Assets: $181,961
- Total Liabilities: $353,189
- Net Assets: -$171,228
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$70,463
Organization Details
Founding Year
1986
Phone
(765) 662-0988Principal Officer
Troy Simpson
Main Address
423 S GALLATIN ST, MARION, IN, 46953
Website
www.mygcrm.orgNTEE Category
Code: P85Z - Human services
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