Frederick Rescue Mission Inc
- Assets
- $7.4m
- Revenue
- $5.8m
- Investments
- $0.0
- Employees
- 53
- Location
- Frederick, MD
- Founding
- 03/1967
- Data as of
- 12/2023
- EIN
- 52-0813371
Organization Overview
Frederick Rescue Mission Inc is located in Frederick, MD. The organization was established in 1967. 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 12/2023, Frederick Rescue Mission Inc employed 53 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Frederick Rescue Mission Inc 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 12/2023, Frederick Rescue Mission Inc generated $5.8m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 3.1% each year. All expenses for the organization totaled $5.8m during the year ending 12/2023. While expenses have increased by 6.4% per year over the past 9 years. They've been increasing with an increasing level of total revenue. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
OUR MISSION IS TO RESCUE PEOPLE FROM HUNGER, POVERTY, AND CHEMICAL ADDICTION THROUGH CHRIST'S LOVE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FOOD SERVICE: SERVED 89,192 MEALS TO THE COMMUNITY AND RESIDENTS. THERE WERE 25,926 VISITS AND 88,149 INDIVIDUALS SERVED THROUGH THE FOOD DISTRIBUTION CENTER. 8,619 BAGS OF FOOD WERE DISTRIBUTED TO COMMUNITY PARTNERS.
COMMUNITY OUTREACH: HOSTED SUMMER ENRICHMENT CAMPS FOR 65 STUDENTS. HOSTED 2 WEEKLY BIBLE STUDIES FOR OVER 100 COMMUNITY MEMBERS PER MONTH. PROVIDED 304 SHOWERS TO HOMELESS AND LOW-INCOME INDIVIDUALS IN THE COMMUNITY. RESCUED TREASURES: 40 RESIDENTS PARTICIPATED IN RECYCLING 1,252,040 POUNDS OF DONATED TEXTILES. DISTRIBUTED CLOTHING VOUCHERS TO 12,339 INDIVIDUALS.
FAITH HOUSE: SERVED 69 WOMEN AND CHILDREN IN A PROGRAM FOR WOMEN AND CHILDREN EXPERIENCING HOMELESSNESS, INCLUDING 7,549 NIGHTS OF LODGING. 30 WOMEN OBTAINED JOBS OR BECAME FULL-TIME STUDENTS. 12 FAMILIES OBTAINED SAFE AND AFFORDABLE HOUSING
CHANGED LIFE RECOVERY: SERVED 81 MEN IN RECOVERY FROM CHEMICAL ADDICTION INCLUDING 9,039 NIGHTS OF LODGING. THERE WERE 15 GRADUATES OF THE PROGRAM OF WHOM 13 OBTAINED JOBS OR BECAME FULL-TIME STUDENTS. 5 RESIDENTS ENROLLED IN A GED PROGRAM AND 2 RESIDENTS PARTICIPATED IN COLLEGE PREP COURSES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Arnold W Farlow Executive Di | Officer | 50 | $148,836 |
Amy Newton Director Of | Officer | 40 | $84,249 |
Michael Schuchardt President | OfficerTrustee | 3 | $0 |
Andy Ludlum Vice Preside | OfficerTrustee | 2 | $0 |
Sandra Dunnington Secretary | OfficerTrustee | 2 | $0 |
John Dallavalle Treasurer | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $232,290 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $5,404,361 |
| Noncash contributions included in lines 1a–1f | $3,221,608 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,636,651 |
| Total Program Service Revenue | $144,067 |
| Investment income | $73,770 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$35,645 |
| Net Income from Fundraising Events | -$22,315 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $5,796,798 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $2,018,768 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $276,756 |
| Compensation of current officers, directors, key employees. | $168,821 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,294,081 |
| Pension plan accruals and contributions | $26,116 |
| Other employee benefits | $149,354 |
| Payroll taxes | $119,843 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $20,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $28,246 |
| Advertising and promotion | $49,181 |
| Office expenses | $72,990 |
| Information technology | $57,313 |
| Royalties | $0 |
| Occupancy | $201,546 |
| Travel | $120,451 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $23,376 |
| Interest | $500 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $317,898 |
| Insurance | $56,722 |
| All other expenses | $8,914 |
| Total functional expenses | $5,846,296 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $213,508 |
| Savings and temporary cash investments | $1,431,355 |
| Pledges and grants receivable | $18,000 |
| Accounts receivable, net | $38,695 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $63,030 |
| Prepaid expenses and deferred charges | $39,953 |
| Net Land, buildings, and equipment | $4,615,354 |
| Investments—publicly traded securities | $743,206 |
| Investments—other securities | $0 |
| Investments—program-related | $35,147 |
| Intangible assets | $11,306 |
| Other assets | $222,366 |
| Total assets | $7,431,920 |
| Accounts payable and accrued expenses | $147,137 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $4,287 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $17,972 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $187,326 |
| Total liabilities | $356,722 |
| Net assets without donor restrictions | $7,057,425 |
| Net assets with donor restrictions | $17,773 |
| 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 | $7,431,920 |