KNOX AREA RESCUE MINISTRIES INC

EIN: 620670972 501(c)(3) Housing & Shelter

KNOXVILLE, TN

Total Revenue
$49,999,440
Total Expenses
$49,229,673
Total Assets
$55,690,195
Net Assets
$33,548,742
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1960
Legal Domicile
TN
Principal Officer
DANITA MCCARTNEY
Phone
8656736540
Tax Period
2024-07-01 to 2025-06-30

KNOX AREA RESCUE MINISTRIES INC, founded in 1960, is a mid-sized nonprofit in the Housing & Shelter sector that reported $50.0M in total revenue in fiscal year 2024.

Mission

TO RESTORE LIVES OF OUR HOMELESS NEIGHBORS THROUGH CHRIST-CENTERED SUPPORT.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $49,084,497
Program Service Revenue $0
Investment Income $371,214
Other Revenue $543,729
TOTAL REVENUE $49,999,440

Expense Breakdown

Grants Paid $0
Salaries & Benefits $27,127,160
Fundraising Expenses $2,420,570
Program Expenses $45,264,456
Other Expenses $22,102,513
TOTAL EXPENSES $49,229,673

Year-over-Year Comparison

2024 2023 Change
Revenue $49,999,440 $46,867,059 +0.1%
Expenses $49,229,673 $44,287,873 +0.1%
Net Income $769,767 $2,579,186 -0.7%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Governance

Voting Members
13
Independent Members
13
Employees
1414
Volunteers
5681

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
4
$176,670
Total Directors
14
$176,670
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
W FRANK SMITH III BOARD MEMBER 1.00
Director
$0 $0 $0
BOBBY STOGNER FINANCE CHAIRMAN 1.00
Director
$0 $0 $0
CATHY GONZALEZ BOARD MEMBER 1.00
Director
$0 $0 $0
DAN HURST SECRETARY 1.00
Officer Director
$0 $0 $0
DOUG YOAKLEY BOARD MEMBER 1.00
Director
$0 $0 $0
WAYMAN MCLAUGHLIN JR BOARD MEMBER 1.00
Director
$0 $0 $0
DR WILLIAM BURKHART BOARD MEMBER 1.00
Director
$0 $0 $0
DENNIS MCCLANE BOARD MEMBER 1.00
Director
$0 $0 $0
GEORGE BROWN BOARD MEMBER 1.00
Director
$0 $0 $0
TAYLOR OGLE BOARD MEMBER 1.00
Director
$0 $0 $0
TRISH WILSON CHAIRMAN 1.00
Officer Director
$0 $0 $0
DANITA MCCARTNEY PRESIDENT & CEO 40.00
Officer Director
$158,200 $18,470 $176,670
RAY KIELAROWSKI VICE CHAIRMAN 1.00
Officer Director
$0 $0 $0
DAVID YOUNGBLOOD BOARD MEMBER 1.00
Director
$0 $0 $0
BURT ROSEN FORMER CEO 40.00
$122,258 $0 $122,258
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $49,999,440 $49,229,673 $55,690,195 $769,767
2024 $46,867,059 $44,287,873 $50,966,829 $2,579,186
2023 $42,829,228 $38,003,371 $45,509,909 $4,825,857
2022 $38,836,516 $32,756,374 $31,086,223 $6,080,142
2021 $33,965,736 $26,216,465 $26,011,648 $7,749,271
2020 $22,883,471 $21,669,692 $20,292,191 $1,213,779
2019 $21,026,245 $20,021,847 $15,316,961 $1,004,398
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