Civic Intelligence

Kokomo Rescue Mission

990 • Fiscal year 2016 • EIN 35-1104430

Jul 01, 2015 to Jun 30, 2016 • Filed on Jan 24, 2017

321 W Mulberry StreetKokomo, IN 46901

(765) 456-3838

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

26th percentile

0.01x

Higher debt load relative to assets than 26% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Liabilities / Revenue

23rd percentile

0.01x

Higher debt load relative to revenue than 23% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Net Margin

48th percentile

1.5%

Higher net margin than 48% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Top Officer Pay

66th percentile

$94,155

Higher top officer pay than 66% of similar nonprofits.

Top officer pay equals 3.7% of source-year revenue.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Asset Growth

49th percentile

1.1%

Faster asset growth than 49% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Revenue Growth

49th percentile

2.3%

Faster revenue growth than 49% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Assets

Up

$3,215,994

Up $35,305 (+1.1%) from 2015

Net Assets

Up

$3,178,240

Up $43,816 (+1.4%) from 2015

Liabilities

Down

$37,754

Down $8,511 (-18%) from 2015

Revenue

Up

$2,528,328

Up $56,134 (+2.3%) from 2015

Expenses

Down

$2,489,816

Down $43,514 (-1.7%) from 2015

Net Income

Up

$38,512

Up $99,648 (+163%) from 2015

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$8.0M$6.0M$4.0M$2.0M$0Assets 2013: $3,314,683Liabilities 2013: $109,589Net Assets 2013: $3,205,0942013Assets 2014: $3,242,260Liabilities 2014: $49,869Net Assets 2014: $3,192,3912014Assets 2015: $3,180,689Liabilities 2015: $46,265Net Assets 2015: $3,134,4242015Assets 2016: $3,215,994Liabilities 2016: $37,754Net Assets 2016: $3,178,2402016Assets 2017: $3,272,549Liabilities 2017: $46,064Net Assets 2017: $3,226,4852017Assets 2018: $3,236,984Liabilities 2018: $46,246Net Assets 2018: $3,190,7382018Assets 2019: $3,956,804Liabilities 2019: $65,515Net Assets 2019: $3,891,2892019Assets 2020: $4,214,682Liabilities 2020: $282,874Net Assets 2020: $3,931,8082020Assets 2021: $5,523,263Liabilities 2021: $78,945Net Assets 2021: $5,444,3182021Assets 2022: $6,207,124Liabilities 2022: $118,159Net Assets 2022: $6,088,9652022Assets 2023: $5,936,329Liabilities 2023: $76,925Net Assets 2023: $5,859,4042023Assets 2024: $6,015,762Liabilities 2024: $349,663Net Assets 2024: $5,666,0992024

Highlighted filing

2016

Assets$3,215,994
Liabilities$37,754
Net Assets$3,178,240

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$6.0M$4.0M$2.0M$0-$2.0MExpenses 2013: $2,569,7472013Revenue 2014: $2,462,723Expenses 2014: $2,479,730Net Income 2014: -$17,0072014Revenue 2015: $2,472,194Expenses 2015: $2,533,330Net Income 2015: -$61,1362015Revenue 2016: $2,528,328Expenses 2016: $2,489,816Net Income 2016: $38,5122016Revenue 2017: $2,597,793Expenses 2017: $2,559,798Net Income 2017: $37,9952017Revenue 2018: $2,483,278Expenses 2018: $2,519,590Net Income 2018: -$36,3122018Revenue 2019: $3,352,403Expenses 2019: $2,650,970Net Income 2019: $701,4332019Revenue 2020: $3,023,239Expenses 2020: $2,980,710Net Income 2020: $42,5292020Revenue 2021: $3,495,051Expenses 2021: $2,842,848Net Income 2021: $652,2032021Revenue 2022: $3,682,627Expenses 2022: $3,196,368Net Income 2022: $486,2592022Revenue 2023: $3,476,950Expenses 2023: $3,810,809Net Income 2023: -$333,8592023Revenue 2024: $3,949,737Expenses 2024: $4,266,770Net Income 2024: -$317,0332024

Highlighted filing

2016

Revenue$2,528,328
Expenses$2,489,816
Net Income$38,512
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
Jan 24, 2017
Return Version
2015v3.0
Gross Receipts
$2,842,033
Mission and Program Overview

Mission

Kokomo rescue mission is a christian social services ministry which provides emergency shelter for the homeless and long term residential recovery programs that touch the body, mind, and spirit.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$2,747,470$2,647,293▼ $100,177
Savings and Temporary Cash Investments$138,580$205,598▲ $67,018
Cash and Non-Interest-Bearing Accounts$85,123$193,962▲ $108,839
Inventories for Sale or Use$115,698$130,091▲ $14,393
Other Notes and Loans Receivable, Net$28,500--
Prepaid Expenses and Deferred Charges$45,681$24,685▼ $20,996
Investments in Publicly Traded Securities$10,937$14,365▲ $3,428
Accounts Receivable$1,700--
Total Assets$3,180,689$3,215,994▲ $35,305
Other Assets Total$7,000--
Liabilities
Accounts Payable and Accrued Expenses$41,265$35,254▼ $6,011
Mortgage Notes Payable Secured by Investment Property$5,000$2,500▼ $2,500
Total Liabilities$46,265$37,754▼ $8,511
Net Assets / Fund Balance
Unrestricted Net Assets$3,030,039$3,078,679▲ $48,640
Temporarily Rstr Net Assets$96,298$91,474▼ $4,824
Permanently Rstr Net Assets$8,087$8,087→ $0
Total Net Assets Fund Balance$3,134,424$3,178,240▲ $43,816
Total Liabilities and Net Assets / Fund Balance$3,180,689$3,215,994▲ $35,305

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$2,093,720$2,041,646$4,135,366
Land$476,154-$476,154
Equipment$54,225$97,010$151,235
Other Land Buildings$23,194$123,194$146,388

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2015$8,087---$8,087
2014$5,000-▲ $3,087-$8,087
2013$5,000---$5,000
2012$5,000---$5,000
2011$5,000---$5,000
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Van TaylorExec DirectorFT$73,312$20,843$94,155

Board Members and Trustees

NameTitle
Mike FoxPresident
Andy HardieDirector
Curtis WelkeDirector
Jim GunliteDirector
Judy GolitkoDirector
Katelyn KingseedDirector
Patricia CoheeDirector
Shan SheridanDirector
Susan BlackDirector
Tarita BrownDirector
Tom WilsonDirector
Tony StewartDirector
Mike TarrhSecretary
Dottye RobesonTreasurer
Rev Riley B CaseVice Preside

Highest Paid Contractors

ContractorServicesLocationCompensation
Grizzard INCMail SolicitingPO BOX 534215, Atlanta, GA 30353$126,752
Revenue and Support

Revenue Composition

Contributions and Grants
$2,442,256
Program Service Revenue
$69,733
Investment Income
$-446
Other Revenue
$16,785
All Other Contributions
$2,302,589
Change in Net Assets
$38,512

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Clothing and Household Goods-$556,068Thrift
Food Inventory1$422,237Market Prices
Total Noncash Contributions1$978,305-

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,528,328
Revenue Not Reported on Form 990
$315,436
Total Revenue per Audited Statements
$2,843,764
Total Revenue per Form 990
$2,528,328
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,214,074
Salaries, Compensation, and Employee Benefits$1,164,914
Total Fundraising Expense$350,399
Professional Fundraising Fees$110,828
Grants and Similar Amounts Paid$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$551,923$149,958$103,381$805,262
Other Employee Benefits$144,519$47,654$12,890$205,063
Occupancy$137,953$25,920$4,913$168,786
Depreciation Depletion$121,731--$121,731
Fees for Services Professional Fundraising--$110,828$110,828
Current Officers, Directors, Trustees, and Key Employees$68,262$14,123$11,769$94,154
All Other Expenses$59,270$1,142$45$60,457
Payroll Taxes$40,824$12,377$7,234$60,435
Advertising$702$1,294$57,447$59,443
Office Expenses$18,968$922$16,765$36,655
Information Technology$7,056$4,896$12,662$24,614
Other Expenses$18,199$122$10,604$18,321
Travel$15,482$524$127$16,133
Fees for Services Accounting-$7,050-$7,050
Conferences and Meetings$3,756$1,744$842$6,342
Insurance-$4,144-$4,144
Fees for Services Other--$892$892
Total Functional Expenses$1,867,547$271,870$350,399$2,489,816

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$2,800,179
Expenses per Audited Statements$2,489,816
Total Expenses per Form 990$2,489,816
Expenses Not Reported on Form 990$310,363
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
Yes

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$110,828

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Walk-a-mile$139,667---
Total Events$139,667---
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

A copy of the form 990 is provided to the board's finance and audit review committe for their review. Any questions are resolved. The final version is then presented to the board members before the form 990 is filed.

Form 990, Page 6, Part VI, Line 12C

New members of the board of directors and key employees are advised on the conflict of interest policy. In any vote that might involve a duality of interest, members are reminded that they must abstain from discussion and the vote.

Form 990, Page 6, Part VI, Line 15A

The executive committee of the board of directors review the performance of the executive director annually and determines compensation. The executive director reviews the remaining executive staff and determines compensation with approval from the board in the confines of the annual budget.

Form 990, Page 6, Part VI, Line 15B

SEE 15A

Form 990, Page 6, Part VI, Line 19

All policies are available upon request.

Filing and Contact Details

Filer

Filer Name
Kokomo Rescue Mission
EIN
35-1104430
Phone
7654563838
Address
321 W MULBERRY STREET, KOKOMO, IN 46901

Signing Officer

Name
Van Taylor
Title
Exec Director
Phone
7654563838
Signed
2017-01-24
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Van Taylor
Formed
1953
Legal Domicile
In
Voting Board Members
15
Independent Board Members
15
Employees
56
Volunteers
500

Preparer

Firm
Huth Thompson Llp
Address
PO BOX 970, LAFAYETTE, IN 47902-0970
Preparer
Kimberley R Morisette
Phone
7654285000
Supplemental Narrative

Additional Explanations

Form 990, Page 1, Part I, Line 6

500 volunteers gave 28,047 volunteer hours

Form 990, Page 2, Part III, Line 4D

This represents a collaborative community effort with another 501(c)3, kokomo urban outreach, and the ministerial association to assist with food insecurity, food to you, and help with utility costs, muff.

Form 990, Part XI, Line 9

Cost of inventory sales 309,705 rounding -2 cost of inventory sales -309,705 rounding 3 book / tax depreciation difference -661 total -660

Financial Statement Notes

Schedule D, Page 2, Part V, Line 4

To benefit kokomo rescue mission's programs

Schedule D, Page 3, Part X

Accounting standards require entities to disclose in their financial statements the nature of any uncertainties in their tax position. Tax years including 2012 and later are subject to examination by tax authorities. Areas that irs and state tax authorities consider when examining tax returns of a charity include, but may not be limited to, tax exempt status and the existence and amount of unrelated business income. The mission does not believe that it has any uncertain tax positions with respect to these or other matters, and therefore has not recorded any unrecognized tax benefits or liabilities. The mission is not aware of any circumstances or events that make it reasonably possible that tax benefits or liabilities may increase or decrease within 12 months of the date of these financial statments.

Schedule D, Page 4, Part XI, Line 2D

Cost of inventory sales 309,705 rounding -2

Schedule D, Page 4, Part XII, Line 2D

Cost of inventory sales 309,705 rounding -3 book / tax depreciation difference 661

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IRS990/Form990PartVIISectionAGrp/TitleTxt0VICE PRESIDE
IRS990/Form990PartVIISectionAGrp/TitleTxt1PRESIDENT
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IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15EXEC DIR
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IRS990/MissionDesc0KOKOMO RESCUE MISSION IS A CHRISTIAN SOCIAL SERVICES MINISTRY WHICH PROVIDES EMERGENCY SHELTER FOR THE HOMELESS AND LONG TERM RESIDENTIAL RECOVERY PROGRAMS THAT TOUCH THE BODY, MIND, AND SPIRIT.
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IRS990/OtherExpensesGrp/Desc0IN-KIND ASSISTANT
IRS990/OtherExpensesGrp/Desc1CHRISTMAS SACKS
IRS990/OtherExpensesGrp/Desc2FOOD
IRS990/OtherExpensesGrp/Desc3SUPPLIES-GENERAL
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IRS990/OtherExpensesGrp/TotalAmt129804
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IRS990/OtherRevenueMiscGrp/Desc0MISC INCOME
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IRS990/PrincipalOfficerNm0VAN TAYLOR
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IRS990/ProgramServiceRevenueGrp/Desc0BALING OPERATIONS
IRS990/ProgramServiceRevenueGrp/Desc1PROGRAM SERVICE FUNDS
IRS990/ProgramServiceRevenueGrp/Desc2SCRAP METALS ECT.
IRS990/ProgramServiceRevenueGrp/Desc3MISC PROGRAM FUND
IRS990/ProgramServiceRevenueGrp/Desc4CASH OVER/SHORT
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IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt37
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IRS990/ProgSrvcAccomActy2Grp/Desc0OUTREACH PROGRAMS- WEARY SOULS FOUND HOPE THAT SOMEONE CARES THROUGH TWO FREE HOT MEALS SERVED DAILY; 124,299 MEALS SERVED IN FYE 2016. AT CHRISTMAS, 754 FAMILIES WITH 2,256 PEOPLE HAD A JOYFUL CELEBRATION WITH THE FOOD AND GIFTS PROVIDED THROUGH THE MISSION'S RED RIBBON CHRISTMAS OUTREACH. DURING FYE 2016, 1,143 FAMILIES WERE HELPED WITH GROCERIES.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt01109914
IRS990/ProgSrvcAccomActy3Grp/Desc0RESALE SHOP- EXTREMELY REASONABLE PRICES ON MECHANDISE GAVE WORKING FAMILIES A WAY TO PURCHASE THEIR CLOTHING AND HOUSEHOLD NEEDS. FOR THOSE WITHOUT RESOURCES, CLOTHING VALUED AT 77,002 WAS GIVEN OUT FREE OF CHARGE. COST OF SALES OF 309,705 IS INCLUDED ON THE STATEMENT OF REVENUE, LINE 10B.
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IRS990/ProgSrvcAccomActy3Grp/RevenueAmt054245
IRS990/ProgSrvcAccomActyOtherGrp/Desc0THIS REPRESENTS A COLLABORATIVE COMMUNITY EFFORT WITH ANOTHER 501(C)3, KOKOMO URBAN OUTREACH, AND THE MINISTERIAL ASSOCIATION TO ASSIST WITH FOOD INSECURITY, FOOD TO YOU, AND HELP WITH UTILITY COSTS, MUFF.
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IRS990/PYTotalExpensesAmt02533330
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IRS990/ReconcilationRevenueExpnssAmt038512
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IRS990/ReportOtherAssetsInd0false
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IRS990/SavingsAndTempCashInvstGrp/EOYAmt0205598
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0OTHER INCOME 122,656

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