Miami, FL
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Miami Rescue Mission Inc, founded in 1976, is a mid-sized nonprofit in the Housing & Shelter sector that reported $18.0M in total revenue in fiscal year 2024. Revenue surged 26% from the prior year, signaling strong growth momentum.
Our mission is to follow the Lord Jesus Christ's great commission by serving homeless & needy men, women & children. We provide emergency services & comprehensive residential programs to effect lasting change and empower people to become productive members of society.
In Miami-Dade County, there are two residential centers (the Center for Men and the Center for Women and Children), the nonresidential Miami Community Activity Center, the Tew Education Center, the...
In Miami-Dade County, there are two residential centers (the Center for Men and the Center for Women and Children), the nonresidential Miami Community Activity Center, the Tew Education Center, the MRM Health Clinic and four transitional houses. The Center for Men provides 320 beds for programs, which include emergency services, long-term care and transitional housing. Approximately 150 men per day were involved in an 8 to 14 month intensive program of education, counseling, discipleship training, career preparedness and job entry called the Regeneration Program. There is also a program for Hispanics that are challenged by the English language called Vida Cambiadas (Changed Lives). On average, an additional 150 to 250 men per day are provided with a shower, change of clothes and dinner. Our Center for Women and Children's AWARENESS (A Woman's Answer Regarding Education, Nurture, Encouragement, Self-esteem, and Salvation) Program is a six month long comprehensive program designed to help each woman adjust and stabilize their lives in the areas of housing, income, education, employment, and independent housing.
There is one center in Broward County. Broward Outreach Center has 90 emergency shelter beds, 32 beds are for males, 30 are for single women, and 28 are for women with children. The Broward Outreach...
There is one center in Broward County. Broward Outreach Center has 90 emergency shelter beds, 32 beds are for males, 30 are for single women, and 28 are for women with children. The Broward Outreach Center also provides 20 Regeneration Program Beds. Like the Miami Campus this is an 8 to 14 month intensive program of education, counseling, discipleship training, career preparedness and job entry. BOC also has ten emergency compassion overnight shelter beds filled by the City of Hollywood. Emergency Compassion nights are provided during inclement weather (rain, winds, heat, cold) to individuals referred to us from a municipality, police departments, and/or task force. MRM owns five transitional houses in Broward County which are used by formerly homeless in their transition into permanent housing helping our residents.
MRM operates a thrift store named the Bargain Barn. The store provides merchandise for sale such as clothing, appliances, furniture, bric-a-brac, etc. Donated items are picked up by MRM's fleet of...
MRM operates a thrift store named the Bargain Barn. The store provides merchandise for sale such as clothing, appliances, furniture, bric-a-brac, etc. Donated items are picked up by MRM's fleet of trucks. Many donated items are put into direct use by the Centers (furniture, paint, clothing, appliances); the remaining items are sold to help fund homeless programs. The Bargain Barn is a place to help train residents for future employment. The Mission / the Barn hires many of the men and women who complete the residential programs with thirty-five percent of staff being formerly homeless.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $17,964,335 | $14,212,236 | +0.3% |
| Expenses | $18,250,526 | $15,969,350 | +0.1% |
| Net Income | $-286,191 | $-1,757,114 | -0.8% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Barbara Ann Tosi-Renna | Director / Interim COO | 40.0 |
Officer
Director
|
$0 | $0 | $0 |
| Gisella Bretones | Director/Secretary | 5.0 |
Officer
Director
|
$0 | $0 | $0 |
| Jeffrey A Tew | Director/Chairman | 2.0 |
Officer
Director
|
$0 | $0 | $0 |
| Roger M Gordon | Secretary(Part Year)/Director | 2.0 |
Officer
Director
|
$0 | $0 | $0 |
| Carlos Acosta | Director | 1.0 |
Director
|
$0 | $0 | $0 |
| Carlos Romero | Director | 1.0 |
Director
|
$0 | $0 | $0 |
| Dr Linda Washington-Brown | Director | 8.0 |
Director
|
$0 | $0 | $0 |
| Mario Alvarez | Director | 1.0 |
Director
|
$0 | $0 | $0 |
| Mark Beausoleil | Director | 1.0 |
Director
|
$0 | $0 | $0 |
| Marty Steinberger | Director | 1.0 |
Director
|
$0 | $0 | $0 |
| Pete A Gutierrez | Director | 5.0 |
Director
|
$0 | $0 | $0 |
| Antonio Villasuso | President | 50.0 |
Officer
|
$121,091 | $33,694 | $154,785 |
| Francisco Valasquez | Comptroller | 50.0 |
Officer
|
$104,693 | $1,760 | $106,453 |
| Ronald Brummitt | President of Community Dev. & Major Donors Acquisition (Part Year) | 40.0 |
Key Emp
|
$236,352 | $10,302 | $246,654 |
| Marilyn Brummitt | VP of Community Dev. & Major Donors Acquisition (Part Year) | 40.0 |
Highest
|
$131,280 | $9,413 | $140,693 |
| Norman Campos | IT Director | 40.0 |
Highest
|
$112,498 | $18,285 | $130,783 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $17,964,335 | $18,250,526 | $28,526,914 | $-286,191 |
| 2024 | $14,212,236 | $15,969,350 | $27,976,756 | $-1,757,114 |
| 2023 | $19,929,930 | $19,125,248 | $29,620,377 | $804,682 |
| 2022 | $17,146,687 | $18,021,144 | $28,818,894 | $-874,457 |
| 2021 | $16,695,858 | $16,799,429 | $30,481,284 | $-103,571 |
| 2020 | $19,287,121 | $19,241,292 | $30,241,327 | $45,829 |
| 2019 | $20,419,473 | $20,887,621 | $29,989,694 | $-468,148 |
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