Modern Day Missions

Summary

Modern Day Missions is a global nonprofit organization that provides financial, administrative and marketing services to Christian missionaries. Today, Modern Day Missions is actively partnering with over 590 missionaries in 70 nations.


Contact information

Mailing address:
Modern Day Missions
PO Box 535578
Grand Prairie, TX 75053

Website: modernday.org

Phone: 469-994-7008

Email: modernday.org/contact-us


Organization details

EIN: 262978592

CEO/President: Elias Reyes

Chairman:

Board size: 0

Founder: Elias Reyes

Year founded: 2009

Tax deductible: Yes

Fiscal year end: 12/31

Member of ECFA: Yes

Member of ECFA since: 2012


Purpose

As the world cries out for the Good News of Jesus, God is raising up new generations of missionaries to be His hands and feet to the nations. Modern Day Missions was born in 2008 out of God's heart to equip missionaries with the tools to walk in their calling. Our passion is to help you get to the mission field and stay there!


Mission statement

To provide services that enable missionaries to raise financial support so they can fulfill the calling of taking Jesus Christ to the nations.


Statement of faith

Transparency grade

A

To understand our transparency grade, click here.


Financial efficiency ratings

Sector: Evangelism Support

CategoryRatingOverall rankSector rank
Overall efficiency rating11 of 7752 of 46
Fund acquisition rating62 of 7763 of 46
Resource allocation rating67 of 7764 of 46
Asset utilization rating50 of 7755 of 46

Financial ratios

Funding ratiosSector median20182017201620152014
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
5%0%1%2%4%1%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
5%0%1%2%4%1%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
97%100%100%100%100%100%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
5%0%1%2%4%1%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
3%0%0%0%0%0%
 
Operating ratiosSector median20182017201620152014
Program expense ratio Program expense ratio =
Program services /
Total expenses
83%95%96%95%93%96%
Spending ratio Spending ratio =
Total expenses /
Total revenue
97%99%96%100%96%87%
Program output ratio Program output ratio =
Program services /
Total revenue
81%94%92%95%90%84%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
3%1%4%0%4%13%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
5%8%21%1%16%58%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
9%5%3%3%3%2%
 
Investing ratiosSector median20182017201620152014
Total asset turnover Total asset turnover =
Total expenses /
Total assets
1.343.765.184.924.083.82
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
1.292.211.171.291.321.01
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
2.168.336.076.345.393.87
 
Liquidity ratiosSector median20182017201620152014
Current ratio Current ratio =
Total current assets /
Total current liabilities
18.968.9966.7735.0521.78116.05
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.050.110.010.030.050.01
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
5.151.281.951.842.123.08
 
Solvency ratiosSector median20182017201620152014
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
5%40%1%2%3%1%
Debt ratio Debt ratio =
Debt /
Total assets
0%35%0%0%0%0%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
70%16%19%20%24%26%

Financials

Balance sheet
 
Assets20182017201620152014
Cash$421,436$447,428$325,254$318,470$336,878
Receivables, inventories, prepaids$0$0$0$0$1,279
Short-term investments$0$0$0$0$0
Other current assets$0$0$0$0$0
Total current assets$421,436$447,428$325,254$318,470$338,157
Long-term investments$0$0$0$0$0
Fixed assets$434,327$7,022$4,037$6,340$4,446
Other long-term assets$77,482$70,377$89,670$95,910$0
Total long-term assets$511,809$77,399$93,707$102,250$4,446
Total assets$933,245$524,827$418,961$420,720$342,603
 
Liabilities20182017201620152014
Payables and accrued expenses$46,868$6,701$9,279$14,624$2,914
Other current liabilities$0$0$0$0$0
Total current liabilities$46,868$6,701$9,279$14,624$2,914
Debt$326,089$0$0$0$0
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$0$0$0$0$0
Total long-term liabilities$326,089$0$0$0$0
Total liabilities$372,957$6,701$9,279$14,624$2,914
 
Net assets20182017201620152014
Unrestricted$560,288$518,126$409,682$406,096$339,689
Temporarily restricted$0$0$0$0$0
Permanently restricted$0$0$0$0$0
Net assets$560,288$518,126$409,682$406,096$339,689
 
Revenues and expenses
 
Revenue20182017201620152014
Total contributions$3,538,886$2,819,830$2,060,242$1,782,507$1,506,062
Program service revenue$0$0$0$0$0
Membership dues$0$0$0$0$0
Investment income$960$1,165$1,367$754$0
Other revenue$12,736$4,253$3,201$0$0
Total other revenue$13,696$5,418$4,568$754$0
Total revenue$3,552,582$2,825,248$2,064,810$1,783,261$1,506,062
 
Expenses20182017201620152014
Program services$3,334,885$2,607,570$1,959,504$1,596,266$1,262,035
Management and general$160,109$69,384$69,722$46,483$28,501
Fundraising$15,426$39,850$31,998$74,105$17,351
Total expenses$3,510,420$2,716,804$2,061,224$1,716,854$1,307,887
 
Change in net assets20182017201620152014
Surplus (deficit)$42,162$108,444$3,586$66,407$198,175
Other changes in net assets$0$0$0$0$0
Total change in net assets$42,162$108,444$3,586$66,407$198,175

Compensation

NameTitleCompensation
Marvin SlatonDirector/Pro$65,312
Elias ReyesFounder & Pr$35,713

Compensation data as of: 12/31/2018


Response from ministry

No response has been provided by this ministry.


History

In 2005, Marvin Slaton approached his friend, Elias Reyes, with a prophetic vision he received while on a short-term mission trip in China. The vision was about the words "Modern Day". The Lord spoke to Marvin that, "it was time that the archaic world of missions be married to the Modern Day world of technology and advancement."

From that point, Elias Reyes, Nic Lesmeister & Ryan Young began dreaming of how to facilitate missions to the nations with greater ease. In time, God gave Elias the organizational model for which Modern Day Missions would operate. Encouraged by the vision of the organization, Elias's friend, Jeff Bishop, generously donated the startup costs for the organization to launch. On July 2, 2008, Modern Day Missions was officially launched with Marvin being the first missionary to partner with the organization

For the past 12 years, we have seen the faithfulness of God on display time and time again. We had no idea in 2008, that over a decade later, we would have partnered with over 900 missionaries in over 70 countries!! During that same time span we have processed over $25 Million for the Great Commission!!

The story of Modern Day is truly a story of meager beginnings, faithful stewardship and the mighty hand of God working miracles. We at Modern Day are so indebted to the Lord and the thousands of missionaries and donors that have turned our dream into a reality!! And for that, we say Thank You!!


Program accomplishments

Since 2008, 900+ missionaries have utilized our services to secure over $25 million in financial support.

$25 million missionary funds processed

70 different nations

$6 million processed in 2020


Needs