Fellowship Missions

The information in this column was provided to MinistryWatch by the ministry itself. It was last updated 11/30/2020. 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 rating457 of 81786 of 150
Fund acquisition rating175 of 81731 of 150
Resource allocation rating756 of 817140 of 150
Asset utilization rating380 of 81783 of 150

Financial ratios

Funding ratiosSector median20182017201620152014
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
9%4%4%3%3%2%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
8%4%3%3%3%2%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
91%84%87%96%98%100%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
9%4%3%3%4%4%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
9%16%13%4%2%0%
 
Operating ratiosSector median20182017201620152014
Program expense ratio Program expense ratio =
Program services /
Total expenses
79%66%71%71%76%66%
Spending ratio Spending ratio =
Total expenses /
Total revenue
97%102%102%91%69%40%
Program output ratio Program output ratio =
Program services /
Total revenue
76%67%72%65%52%27%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
3%-2%-2%9%31%60%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
3%-1%-1%6%22%69%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
10%31%26%25%20%29%
 
Investing ratiosSector median20182017201620152014
Total asset turnover Total asset turnover =
Total expenses /
Total assets
0.620.620.590.560.480.46
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
3.908.133.673.903.745.71
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
2.495.002.182.191.812.61
 
Liquidity ratiosSector median20182017201620152014
Current ratio Current ratio =
Total current assets /
Total current liabilities
9.920.000.000.000.000.00
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)
4.132.405.505.496.624.59
 
Solvency ratiosSector median20182017201620152014
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
9%2%0%1%1%1%
Debt ratio Debt ratio =
Debt /
Total assets
0%0%0%0%0%0%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
143%159%168%178%204%216%

Financials

Balance sheet
 
Assets20182017201620152014
Cash$94,191$207,291$196,809$173,544$90,971
Receivables, inventories, prepaids$0$0$1,275$22,032$9,422
Short-term investments$0$0$0$0$0
Other current assets$0$0$0$0$0
Total current assets$94,191$207,291$198,084$195,576$100,393
Long-term investments$0$0$0$0$0
Fixed assets$655,963$553,950$575,279$536,383$472,989
Other long-term assets$15,749$0$0$0$0
Total long-term assets$671,712$553,950$575,279$536,383$472,989
Total assets$765,903$761,241$773,363$731,959$573,382
 
Liabilities20182017201620152014
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$15,765$2,859$4,264$6,832$8,260
Total long-term liabilities$15,765$2,859$4,264$6,832$8,260
Total liabilities$15,765$2,859$4,264$6,832$8,260
 
Net assets20182017201620152014
Unrestricted$750,138$758,382$769,099$725,127$565,122
Temporarily restricted$0$0$0$0$0
Permanently restricted$0$0$0$0$0
Net assets$750,138$758,382$769,099$725,127$565,122
 
Revenues and expenses
 
Revenue20182017201620152014
Total contributions$386,772$382,476$456,458$506,787$657,028
Program service revenue$0$0$0$0$0
Membership dues$0$0$0$0$0
Investment income$69$20($2,250)$5($2,461)
Other revenue$76,196$58,826$22,603$7,813$0
Total other revenue$76,265$58,846$20,353$7,818($2,461)
Total revenue$463,037$441,322$476,811$514,605$654,567
 
Expenses20182017201620152014
Program services$309,123$319,210$309,282$269,371$174,099
Management and general$145,652$118,610$109,038$71,540$76,644
Fundraising$16,506$14,219$14,519$13,689$11,468
Total expenses$471,281$452,039$432,839$354,600$262,211
 
Change in net assets20182017201620152014
Surplus (deficit)($8,244)($10,717)$43,972$160,005$392,356
Other changes in net assets$0$0$0$0$0
Total change in net assets($8,244)($10,717)$43,972$160,005$392,356

Compensation

NameTitleCompensation
Eric LaneExecutive Di$85,668

Compensation data as of: 12/31/2018


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 11/30/2020. To update the information below, please email: info@ministrywatch.com


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