Shreveport-Bossier Rescue Mission
- Assets
- $6.8m
- Revenue
- $2.1m
- Investments
- $0.0
- Employees
- 23
- Location
- Shreveport, LA
- Founding
- 12/1969
- Data as of
- 06/2024
- EIN
- 23-7050551
Organization Overview
Shreveport-Bossier Rescue Mission is located in Shreveport, LA. The organization was established in 1969. According to its NTEE Classification (L41) the organization is classified as: Homeless Shelters, under the broad grouping of Housing & Shelter and related organizations. As of 06/2024, Shreveport-Bossier Rescue Mission employed 23 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Shreveport-Bossier Rescue Mission is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2024, Shreveport-Bossier Rescue Mission generated $2.1m in total revenue. The organization has seen a slow decline revenue. Over the past 9 years, revenues have fallen by an average of (1.8%) each year. All expenses for the organization totaled $2.0m during the year ending 06/2024. As we would expect to see with falling revenues, expenses have declined by (1.3%) per year over the past 9 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2024
Describe the Organization's Mission:
Part 3 - Line 1
THE SHREVEPORT-BOSSIER RESCUE MISSION, INC. EXISTS TO PURSUE THE PASSION OF JESUS CHRIST TO LIFT UP THE HUNGRY, HOMELESS, ABUSED AND ADDICTED.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE SHREVEPORT-BOSSIER RESCUE MISSION HAS FOUR FACILITIES: THE HOUSING FACILITY; A WAREHOUSE FACILITY WHERE RESIDENTS LEARN JOB SKILLS LIKE WELDING, FURNITURE REFINISHING AND AUTOMOTIVE SKILLS; THE THRIFT STORE WHICH SUPPORTS THE RESCUE MISSION'S WORK; AND A WORK PROGRAM HOUSING FACILITY. THE SHELTER HAS FREE MEDICAL AND DENTAL CLINICS FOR THE HOMELESS RESIDENTS WHICH IS STAFFED BY VOLUNTEER HEALTH CARE PROFESSIONALS.
THRIFT STORE AND ENTERPRISE OPERATIONS: SUPPORTS THE RESCUE MISSIONS WORK AND PROVIDES TRAINING FOR INDIVIDUALS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Larry Otwell Executive Dir. | Officer | 40 | $91,717 |
Chris Willcutt Chairman | OfficerTrustee | 0.5 | $4,920 |
Ben Bethard Past Chairman | OfficerTrustee | 0.5 | $0 |
Heath Crager Sec/teasurer | OfficerTrustee | 0.5 | $0 |
Serena Gray Member | Trustee | 0.5 | $0 |
Paul Mccullough Member | Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,923,241 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,923,241 |
| Total Program Service Revenue | $95,789 |
| Investment income | $40,738 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $31,213 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $553 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,094,306 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $104,161 |
| Compensation of current officers, directors, key employees. | $22,916 |
| Compensation to disqualified persons | $485,588 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $56,410 |
| Payroll taxes | $45,228 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $28,661 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $310,874 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $304 |
| Advertising and promotion | $47,076 |
| Office expenses | $29,278 |
| Information technology | $24,780 |
| Royalties | $0 |
| Occupancy | $109,481 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $20,983 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $143,813 |
| Insurance | $119,127 |
| All other expenses | $130,731 |
| Total functional expenses | $2,023,208 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $619,395 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $3,011,794 |
| Investments—publicly traded securities | $3,201,463 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $6,832,652 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $494,261 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $494,261 |
| Net assets without donor restrictions | $6,338,391 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $6,832,652 |