Modern Day Missions

The information in this column was provided to MinistryWatch by the ministry itself. It was last updated 1/31/2021. To update the information in this column, please email: info@ministrywatch.com


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 rating12 of 9111 of 51
Fund acquisition rating80 of 9134 of 51
Resource allocation rating53 of 9133 of 51
Asset utilization rating46 of 9114 of 51

Financial ratios

Funding ratiosSector median20192018201720162015
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
5%1%0%1%2%4%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
4%1%0%1%2%4%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
98%100%100%100%100%100%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
5%1%0%1%2%4%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
2%0%0%0%0%0%
 
Operating ratiosSector median20192018201720162015
Program expense ratio Program expense ratio =
Program services /
Total expenses
83%95%95%96%95%93%
Spending ratio Spending ratio =
Total expenses /
Total revenue
94%97%99%96%100%96%
Program output ratio Program output ratio =
Program services /
Total revenue
78%92%94%92%95%90%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
6%3%1%4%0%4%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
6%20%8%21%1%16%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
10%4%5%3%3%3%
 
Investing ratiosSector median20192018201720162015
Total asset turnover Total asset turnover =
Total expenses /
Total assets
1.214.093.765.184.924.08
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
1.281.972.211.171.291.32
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
1.988.078.336.076.345.39
 
Liquidity ratiosSector median20192018201720162015
Current ratio Current ratio =
Total current assets /
Total current liabilities
19.995.108.9966.7735.0521.78
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.040.200.110.010.030.05
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
5.681.191.281.951.842.12
 
Solvency ratiosSector median20192018201720162015
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
5%39%40%1%2%3%
Debt ratio Debt ratio =
Debt /
Total assets
0%30%35%0%0%0%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
78%15%16%19%20%24%

Financials

Balance sheet
 
Assets20192018201720162015
Cash$587,522$421,436$447,428$325,254$318,470
Receivables, inventories, prepaids$0$0$0$0$0
Short-term investments$0$0$0$0$0
Other current assets$0$0$0$0$0
Total current assets$587,522$421,436$447,428$325,254$318,470
Long-term investments$0$0$0$0$0
Fixed assets$505,651$434,327$7,022$4,037$6,340
Other long-term assets$66,409$77,482$70,377$89,670$95,910
Total long-term assets$572,060$511,809$77,399$93,707$102,250
Total assets$1,159,582$933,245$524,827$418,961$420,720
 
Liabilities20192018201720162015
Payables and accrued expenses$113,126$46,868$6,701$9,279$14,624
Other current liabilities$2,000$0$0$0$0
Total current liabilities$115,126$46,868$6,701$9,279$14,624
Debt$342,885$326,089$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$342,885$326,089$0$0$0
Total liabilities$458,011$372,957$6,701$9,279$14,624
 
Net assets20192018201720162015
Without donor restrictions$701,571$560,288$518,126$409,682$406,096
With donor restrictions$0$0$0$0$0
Net assets$701,571$560,288$518,126$409,682$406,096
 
Revenues and expenses
 
Revenue20192018201720162015
Total contributions$4,868,832$3,538,886$2,819,830$2,060,242$1,782,507
Program service revenue$0$0$0$0$0
Membership dues$0$0$0$0$0
Investment income$1,362$960$1,165$1,367$754
Other revenue$15,211$12,736$4,253$3,201$0
Total other revenue$16,573$13,696$5,418$4,568$754
Total revenue$4,885,405$3,552,582$2,825,248$2,064,810$1,783,261
 
Expenses20192018201720162015
Program services$4,516,211$3,334,885$2,607,570$1,959,504$1,596,266
Management and general$201,052$160,109$69,384$69,722$46,483
Fundraising$26,859$15,426$39,850$31,998$74,105
Total expenses$4,744,122$3,510,420$2,716,804$2,061,224$1,716,854
 
Change in net assets20192018201720162015
Surplus (deficit)$141,283$42,162$108,444$3,586$66,407
Other changes in net assets$0$0$0$0$0
Total change in net assets$141,283$42,162$108,444$3,586$66,407

Compensation

NameTitleCompensation
Marvin SlatonDirector/Pro$84,140
Elias ReyesFounder & Pr$25,644

Compensation data as of: 12/31/2019


Response from ministry

No response has been provided by this ministry.


The information below was provided to MinistryWatch by the ministry itself. It was last updated 1/31/2021. To update the information below, please email: info@ministrywatch.com


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