The Raleigh Rescue Mission Inc

Nonprofit profile at a glance

EIN
566024168
IRS 990 coverage
2015–2024
Forms available
Form 990 2024
Location
Raleigh, NC, USA
Phone
9198289014
Rating
68
Verdict
SUPPORTED
Rating confidence
Standard
Sector
Emergency Assistance
Affiliation
Christianity

Official website

Reported finances

Revenue
$27,098,973
Expenses
$5,927,360
Assets
$38,983,070
Liabilities
$13,079,077

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

13 people listed

Executive titles in this filing

  • JOHN LUCKETT (CEO)

Highest reported compensation

  • JOHN LUCKETT (CEO): $170,846 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Believing every individual has sacred value, we equip people to impact the world for good through the love of jesus christ.

What it reported doing in 2024

Raleigh rescue mission believes every individual has sacred value, and we equip people to impact the world for good through the love of jesus christ. We provide onsite transitional housing to clients (men, women, and children) enrolled in our new life program, which focuses on equipping them with the skills and services to get back to work and be stable, independent citizens. Some of the key services and resources we provide include: food, clothing, medical services, mental health services, daycare (for children 0-5 years old), before and after school care (for children over 5 years old), life skills and job skills training, job placement assistance, vehicle purchase, housing placement, and substance recovery assistance.

Operating model

Revenue model
Affiliate-supported. 82% of the money available for current operations came from contributions from related organizations.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
  • Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

SUPPORTED - The filed numbers largely add up and most voting board members are independent. A relatively small share of available resources goes toward mission work and some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 42
  • Transparency & Controls: 80
  • Accountability: 90
  • Sustainability: 85
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 17.4%; rating input score 17
  • Program expense ratio: 74.1%; rating input score 74
  • Fundraising efficiency: $32.8 raised per $1 spent on fundraising; rating input score 68; 68th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
  • Pay-setting controls: 2 of 6 controls in place; rating input score 33
    • Compensation committee: Pass
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Missing
    • Board or committee approval: Pass
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Yes; rating input score 100

Accountability

  • Independent voting board: 100%; rating input score 100; 66th percentile among comparable filings
  • Governance controls: 6 of 8 controls in place; rating input score 75
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 78.1%; rating input score 98; 98th percentile among comparable filings
  • Total-asset coverage ratio: 6.58; rating input score 88; 88th percentile among comparable filings
  • Liabilities to assets ratio: 0.34; rating input score 43; 43rd percentile among comparable filings
  • Officer compensation ratio: 2.9%; rating input score 69; 69th percentile among comparable filings

Growth

  • Program expense growth: 2.6% per year; rating input score 100; 23rd percentile among comparable filings
  • Revenue growth: 14.9% per year; rating input score 100; 86th percentile among comparable filings
  • Asset growth: 22.2% per year; rating input score 100; 91st percentile among comparable filings

Details

  • Where the money goes: 17.4% of revenue deployed · 74.1% of spending went to programs
  • Governance: 12 of 12 board members independent · 6 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $4.4M in reported program spending
  • Leadership: top reported pay $171K · 13 people listed · 2 of 6 pay-setting controls reported
  • Highest-paid contractors: 1 contractor listed · $179K reported
  • Consistency: 33 of 33 current checks pass
  • Schedules: 8 filed schedules · includes major donors and executive pay
  • Filing history: 10 filing years from 2015 to 2024
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • Related organizations: 3 filed related-organization links
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Financial Efficiency: Mission deployment rate scored 17/100.
  • Review — Accountability: Governance controls: Independent financial-statement audit not reported.
  • Moderate — Sustainability: Liabilities to assets ratio scored 43/100.