Fellowship Missions

The information in this column was provided to MinistryWatch by the ministry itself. It was last updated 10/20/2021. To update the information in this column, please email: info@ministrywatch.com


Summary

Fellowship Missions is a homeless shelter serving men, women and children. Our focus is on life transformation through relationships. Our emergency shelter, addiction recovery services, and our Catalyst program are all designed to meet the physical, mental, and emotional needs of our residents so they can focus on creating a safe, healthy future for themselves. Fellowship Missions is a non-profit, 501(c)(3) organization and contributions to or for the ministry are tax-deductible to the extent allowable by law. We don't receive any government funding and rely solely on the generosity of individuals, foundations, churches, and businesses, as well as trusts and estate gifts.


Contact information

Mailing address:
Fellowship Missions
PO Box 382
Winona Lake, IN 46590

Website: fellowshipmissions.net

Phone: 574-268-9555

Email: info@fellowshipmissions.net


Organization details

EIN: 272518264

CEO/President: Eric Lane

Chairman:

Board size: 0

Founder:

Year founded: 1964

Tax deductible: Yes

Fiscal year end: 12/31

Member of ECFA: No

Member of ECFA since:


Purpose

Homelessness and addiction are not always a choice, but loving your neighbor is. Many of us have been in a time or place in life where we needed the help of others. To transform the lives of those who are homeless or suffering from addiction in our Kosciusko County community, we need to value them as equals: people who are as deserving of love as anyone and need us to give them a helping hand.


Mission statement

We provide those struggling with homelessness and addiction in our community with the hope of transformation. Our goal is not merely to provide food and shelter, but to get residents plugged into the greater Warsaw area and become self-sustaining members who enjoy making meaningful contributions to their community.


Statement of faith

We believe the Bible to be the inspired, infallible, ultimately authoritative Word of God. (II Timothy 3:15-17, II Peter 1:21).

We believe there is one God, eternally existing as Father, Son and Holy Spirit. (Genesis 1:1, Deuteronomy 6:4, Matthew 28:19, John 10:30)

We believe that the Lord Jesus Christ is deity (John 10:33); that He was born of a virgin (Isaiah 7:14, Matthew 1:23, Luke 1:34-35); His sinless life (Hebrews 4:15, 7:26); His Miracles (John 2:11); that we are redeemed by His atoning death through His shed blood (1 Corinthians 15:3, Ephesians 1:7, Hebrews 2:9); that He bodily resurrected (John 11:25, 1 Corinthians 15:4); and His ascension to the right hand of the father (Mark 16:19); and His personal return to earth in power and great glory (Acts 1:11, Revelations 19:11-16)

We believe in the absolute necessity of regeneration by the Holy Spirit for salvation because of the exceeding sinfulness of the human nature, and that all are justified on the single ground of faith in the shed blood of Christ, and that only by God's grace through faith alone are we saved (John 3:16-19; 5:24, Romans 3:23; 5:8-9, Ephesians 2:8-10, Titus 3:5).

We believe in the resurrection of both the saved and the lost; those who are saved unto the resurrection of life, and those who are not unto the resurrection of damnation (John 5:28-29). We believe the Holy Spirit unites all true believers in the Lord Jesus Christ and that together they form one body, the church.

We believe in the present ministry of the Holy Spirit by Whose indwelling the Christian is enabled to live a godly life (Romans 8:13-14, I Corinthians 3:16, 6:19-20, Ephesians 4:30; 5:18).

We believe that we as Christians are examples of the love of God in this world. It is this (agape) love that we desire to possess and without which we have no right to call ourselves Christians (I John 4:16-17).

We believe it is the mandate of the whole Church to go into the whole world and to preach the Gospel to every living creature. (Mark 16:15, Matthew 28:19-20)

Transparency grade

D

To understand our transparency grade, click here.


Financial efficiency ratings

Sector: Rescue Missions/Homeless Shelters

CategoryRatingOverall rankSector rank
Overall efficiency rating300 of 94163 of 160
Fund acquisition rating139 of 94321 of 160
Resource allocation rating669 of 943114 of 160
Asset utilization rating363 of 94174 of 160

Financial ratios

Funding ratiosSector median20192018201720162015
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
10%3%4%4%3%3%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
8%2%4%3%3%3%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
91%91%84%87%96%98%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
10%3%4%3%3%4%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
9%9%16%13%4%2%
 
Operating ratiosSector median20192018201720162015
Program expense ratio Program expense ratio =
Program services /
Total expenses
80%75%66%71%71%76%
Spending ratio Spending ratio =
Total expenses /
Total revenue
95%79%102%102%91%69%
Program output ratio Program output ratio =
Program services /
Total revenue
75%59%67%72%65%52%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
5%21%-2%-2%9%31%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
4%17%-1%-1%6%22%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
9%22%31%26%25%20%
 
Investing ratiosSector median20192018201720162015
Total asset turnover Total asset turnover =
Total expenses /
Total assets
0.580.610.620.590.560.48
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
3.764.338.133.673.903.74
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
2.242.665.002.182.191.81
 
Liquidity ratiosSector median20192018201720162015
Current ratio Current ratio =
Total current assets /
Total current liabilities
10.140.000.000.000.000.00
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.080.000.000.000.000.00
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
4.454.512.405.505.496.62
 
Solvency ratiosSector median20192018201720162015
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
10%2%2%0%1%1%
Debt ratio Debt ratio =
Debt /
Total assets
1%0%0%0%0%0%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
141%160%159%168%178%204%

Financials

Balance sheet
 
Assets20192018201720162015
Cash$198,192$94,191$207,291$196,809$173,544
Receivables, inventories, prepaids$13,095$0$0$1,275$22,032
Short-term investments$0$0$0$0$0
Other current assets$0$0$0$0$0
Total current assets$211,287$94,191$207,291$198,084$195,576
Long-term investments$0$0$0$0$0
Fixed assets$695,044$655,963$553,950$575,279$536,383
Other long-term assets$9,232$15,749$0$0$0
Total long-term assets$704,276$671,712$553,950$575,279$536,383
Total assets$915,563$765,903$761,241$773,363$731,959
 
Liabilities20192018201720162015
Payables and accrued expenses$0$0$0$0$0
Other current liabilities$0$0$0$0$0
Total current liabilities$0$0$0$0$0
Debt$0$0$0$0$0
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$15,623$15,765$2,859$4,264$6,832
Total long-term liabilities$15,623$15,765$2,859$4,264$6,832
Total liabilities$15,623$15,765$2,859$4,264$6,832
 
Net assets20192018201720162015
Without donor restrictions$899,940$750,138$758,382$769,099$725,127
With donor restrictions$0$0$0$0$0
Net assets$899,940$750,138$758,382$769,099$725,127
 
Revenues and expenses
 
Revenue20192018201720162015
Total contributions$648,160$386,772$382,476$456,458$506,787
Program service revenue$0$0$0$0$0
Membership dues$0$0$0$0$0
Investment income$53$69$20($2,250)$5
Other revenue$64,134$76,196$58,826$22,603$7,813
Total other revenue$64,187$76,265$58,846$20,353$7,818
Total revenue$712,347$463,037$441,322$476,811$514,605
 
Expenses20192018201720162015
Program services$421,038$309,123$319,210$309,282$269,371
Management and general$123,782$145,652$118,610$109,038$71,540
Fundraising$17,725$16,506$14,219$14,519$13,689
Total expenses$562,545$471,281$452,039$432,839$354,600
 
Change in net assets20192018201720162015
Surplus (deficit)$149,802($8,244)($10,717)$43,972$160,005
Other changes in net assets$0$0$0$0$0
Total change in net assets$149,802($8,244)($10,717)$43,972$160,005

Compensation

NameTitleCompensation
Eric LaneExecutive Di$89,330

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 10/20/2021. To update the information below, please email: info@ministrywatch.com


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