Knox Area Rescue Ministries
- Assets
- $20.3m
- Revenue
- $22.9m
- Investments
- $0.0
- Employees
- 1,229
- Location
- Knoxville, TN
- Founding
- 02/1964
- Data as of
- 06/2020
- EIN
- 62-0670972
Organization Overview
Knox Area Rescue Ministries is located in Knoxville, TN. The organization was established in 1964. 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 06/2022, Knox Area Rescue Ministries employed 1,229 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Knox Area Rescue Ministries 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 06/2020, Knox Area Rescue Ministries generated $22.9m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 6.4% each year. All expenses for the organization totaled $21.7m during the year ending 06/2020. While expenses have increased by 6.9% per year over the past 6 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE FOOD,SHELTER AND OTHER NECESSARY SERVICES TO NEEDY MEN, WOMEN, AND CHILDREN.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE RESCUE/EMERGENCY SERVICE PROVIDES OVERNIGHT SHELTER TO NEARLY 350 MEN, WOMEN AND CHILDREN, 365 DAYS PER YEAR. THIS RESCUE/EMERGENCY SERVICE ALSO PROVIDES 3 MEALS PER DAY, CLOTHING, AND CARE COORDINATION. THESE SERVICES ARE PROVIDED TO THE HOMELESS AND OTHER NEEDY CITIZENS FROM THE KNOX AREA.
THE RESIDENTIAL RECOVERY PROGRAM PROVIDES SERVICES FOR WOMEN AND CHILDREN. THE RECOVERY PROGRAM PROVIDES BIBLICALLY-BASED RECOVERY SERVICE AND CASE MANAGEMENT; INDIVIDUAL AND GROUP COUNSELING; SPIRITUAL SUPPORT; CRISIS INTERVENTION; LIFE SKILLS AND CAREER CLASSES; AND LONG-TERM REFUGE FROM VIOLENCE AND DRUG ADDICTION. THE PROGRAM INCLUDES ROOM AND BOARD.
THE RESIDENTIAL BEREA PROGRAM INCLUDES CAREER COUNSELING AND LIFE SKILLS CLASSES. THERE IS THE ABUNDANT LIFE KITCHEN CULINARY TRAINING CLASS, WHICH INCLUDES 12 WEEKS OF CLASSES FOLLOWED BY A 4-WEEK INTERNSHIP. THERE IS ALSO THE CLEANSTART COMMERCIAL CLEANING COURSE, WHICH ALSO INCLUDES 12 WEEKS OF CLASSES AND A 4-WEEK INTERNSHIP. GRADUATES OF THESE CLASSES ARE ELIGIBLE FOR REFERRAL TO PARTNER EMPLOYERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Burt Rosen CEO | Officer | 40 | $219,600 |
Danita Mccartney President | Officer | 40 | $107,265 |
Doug Yoakley Chairman | OfficerTrustee | 1 | $0 |
Donna Rose Finance Chairman | OfficerTrustee | 1 | $0 |
Trish Wilson Vice Chairman | OfficerTrustee | 1 | $0 |
Dan Hurst Chairman | OfficerTrustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Smco Consulting | 6/29/22 | $1,238,721 |
Masterworks Direct Mail Consultant/vendor | 6/29/22 | $472,038 |
Westfall Group Fundraising Services | 6/29/22 | $219,304 |
Rick Cox Construction Construction | 6/29/22 | $956,940 |
Two Roads Accounting Accounting Fees | 6/29/22 | $178,500 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $22,417,966 |
| Investment income | $8,957 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $22,883,471 |
| Statement of Expenses | |
|---|---|
| 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. | $207,498 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $9,981,114 |
| Pension plan accruals and contributions | $58,891 |
| Other employee benefits | $651,875 |
| Payroll taxes | $790,096 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $210,341 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $2,217,839 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $112,748 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $791,908 |
| Insurance | $401,143 |
| All other expenses | $0 |
| Total functional expenses | $21,669,692 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,434,253 |
| Savings and temporary cash investments | $384,879 |
| 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 | $96,535 |
| Inventories for sale or use | $938,752 |
| Prepaid expenses and deferred charges | $0 |
| Investments—publicly traded securities | $417,027 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $467,728 |
| Total assets | $20,292,191 |
| Accounts payable and accrued expenses | $1,690,549 |
| 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 | $7,989,315 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $9,679,864 |
| Net assets without donor restrictions | $0 |
| 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 |
| Total liabilities and net assets/fund balances | $10,612,327 |
Grants Recieved
Over the last fiscal year, we have identified 22 grants that Knox Area Rescue Ministries has recieved totaling $920,494.
| Awarding Organization | Amount |
|---|---|
Claude And Betty Harris Foundation Inc Louisville, KY PURPOSE: CHARITABLE | $200,000 |
National Christian Charitable Foundation Inc Alpharetta, GA PURPOSE: POVERTY | $184,130 |
Trinity Health Foundation Of East Tennessee Knoxville, TN PURPOSE: URGENT NEEDS/GENERAL | $165,000 |
Ted And Drama Russell Family Foundation Knoxville, TN PURPOSE: GENERAL SUPPORT | $100,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: HUMAN SERVICES | $57,450 |
Goldman Sachs Philanthropy Fund New York, NY PURPOSE: RELIGIOUS | $50,000 |
Endowment Analysis
| Beg. Balance | $1,831,412 |
| Net Contributions | $675,434 |
| Other Expense | -$62,346 |
| Ending Balance | $2,569,192 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Knox Area Rescue Ministries Knoxville, TN | $20,292,191 | $22,883,471 |
City Union Mission Inc Kansas City, MO | $45,807,179 | $22,233,320 |
Nashville Rescue Mission Nashville, TN | $37,816,884 | $20,187,859 |
Forkids Inc Chesapeake, VA | $30,389,970 | $15,557,559 |
New Hope Housing Inc Alexandria, VA | $4,724,081 | $13,222,867 |
The Next Door Nashville, TN | $9,790,699 | $10,091,124 |
Hope Center Inc Lexington, KY | $15,963,477 | $9,458,031 |
Downtown Rescue Mission Inc Huntsville, AL | $14,737,773 | $10,441,439 |
24 7 Gateway Llc Atlanta, GA | $7,682,013 | $8,328,341 |
Partners For Home Inc Atlanta, GA | $5,368,701 | $9,349,512 |
Restart Inc Kansas City, MO | $6,621,835 | $7,572,954 |
Homeward Bound Of Western North Carolina Inc Asheville, NC | $7,613,383 | $7,947,393 |