Mission Possible, Inc.

The information in this column was provided to MinistryWatch by the ministry itself. It was last updated 5/28/2021. To update the information in this column, please email: info@ministrywatch.com


Summary

Mission Possible, in cooperation with Mission Possible Canada, owns and operates eight schools in Haiti and the Dominican Republic. It provides a Christian education, evangelism, feeding programs, and discipleship training. Another focus is leadership development: student leadership training, pastor seminars for pastors and lay people, and teacher seminars for private and public school teachers. Mission Possible sends short-term mission teams for construction, medical missions, pastor and teacher training, and evangelism.

Mission Possible USA and Mission Possible Canada work together in joint ministry, with members of each Board serving on a management committee which oversees the international work.


Contact information

Mailing address:
Mission Possible USA
306 W Bigelow Ave
Findlay, OH 45840

Website: www.ourmissionispossible.org

Phone: (419) 422-3364

Email: Office@OurMissionIsPossible.org


Organization details

EIN: 341290940

CEO/President: Mr. David Rath

Chairman: Dr. Mark Yoder

Board size: 15

Founder: Mr. Jack Snyder

Year founded: 1979

Tax deductible: Yes

Fiscal year end: 06/30

Member of ECFA: Yes

Member of ECFA since: 1997


Purpose

Equipping the next generation of Christ-centered leaders. To this end, Mission Possible owns and operates eight schools in Haiti and the Dominican Republic which allow approximately 2,500 pre-school through high school students to receive a Christian education, a nutritious school lunch with clean water, and primary healthcare. Our schools provide an excellent learning environment, high academic standards, and Biblical instruction. Through our student sponsorship program, children are offered a life-changing opportunity to discover their God-given possibilities.


Mission statement

Mission Possible uses the following to communicate its mission:

Equipping The Next Generation of Christ-Centered Leaders.


Statement of faith

Mission Possible uses the following to express its Statement of Faith:

  • We believe that there is one God, eternally existent in three persons: Father, Son and Holy Spirit.
  • We believe the Bible to be the inspired, the only infallible, authoritative Word of God.
  • We believe by His word and for His glory, God freely created everything. He made man and woman in his own image and they sinned against God and, apart from grace, are incapable of returning to right relationship with God.
  • We believe in the deity of our Lord Jesus Christ, in His virgin birth, in His sinless life, in His miracles, in His vicarious and atoning death through His shed blood, in His bodily resurrection, in His ascension to the right hand of the Father, and in His personal return in power and glory.
  • We believe Jesus Christ is the only mediator between God and humankind and by His death and resurrection, the penalty of human sin can be removed and we can be reconciled to God.
  • We believe the Holy Spirit is the divine agent of sanctification. By the ministry of the Holy Spirit, people are enabled to know God's grace, experience God's love in Christ, and live a Christ-centered life.
  • We believe in the resurrection of both the saved and the lost; they that are saved unto eternal life with God and they that are lost unto eternal separation from God.
  • We believe in the spiritual unity of believers in our Lord Jesus Christ, with equality across racial, gender, and class differences.

Transparency grade

A

To understand our transparency grade, click here.


Financial efficiency ratings

Sector: Foreign Missions

CategoryRatingOverall rankSector rank
Overall efficiency rating706 of 94080 of 106
Fund acquisition rating497 of 94257 of 106
Resource allocation rating421 of 94247 of 106
Asset utilization rating870 of 940101 of 106

Financial ratios

Funding ratiosSector median20202019201820172016
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
6%6%8%8%9%8%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
5%5%6%7%8%7%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
98%83%77%87%86%89%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
5%6%6%7%7%6%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
2%17%23%13%14%11%
 
Operating ratiosSector median20202019201820172016
Program expense ratio Program expense ratio =
Program services /
Total expenses
82%84%85%84%83%85%
Spending ratio Spending ratio =
Total expenses /
Total revenue
97%81%103%107%116%114%
Program output ratio Program output ratio =
Program services /
Total revenue
79%68%88%90%96%97%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
3%19%-3%-7%-16%-14%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
6%16%-2%-6%-11%-10%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
10%9%9%9%10%9%
 
Investing ratiosSector median20202019201820172016
Total asset turnover Total asset turnover =
Total expenses /
Total assets
1.260.630.760.820.680.73
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
1.263.568.118.969.164.84
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
1.872.236.157.326.263.53
 
Liquidity ratiosSector median20202019201820172016
Current ratio Current ratio =
Total current assets /
Total current liabilities
17.2042.9421.6311.1313.5412.06
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.050.020.050.090.070.08
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
5.905.241.861.491.783.12
 
Solvency ratiosSector median20202019201820172016
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
9%8%10%10%9%10%
Debt ratio Debt ratio =
Debt /
Total assets
0%0%0%0%0%0%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
74%146%118%110%133%124%

Financials

Balance sheet
 
Assets20202019201820172016
Cash$434,986$61,819$82,352$76,606$277,055
Receivables, inventories, prepaids$2,072$38,107$2,882$1,667$7,171
Short-term investments$90,772$98,147$95,540$99,313$87,141
Other current assets$0$0$0$3,521$3,516
Total current assets$527,830$198,073$180,774$181,107$374,883
Long-term investments$10,819$11,455$11,205$10,744$9,462
Fixed assets$1,381,479$1,442,246$1,468,762$1,484,285$1,361,851
Other long-term assets($39,223)($45,115)($40,639)($17,210)$68,778
Total long-term assets$1,353,075$1,408,586$1,439,328$1,477,819$1,440,091
Total assets$1,880,905$1,606,659$1,620,102$1,658,926$1,814,974
 
Liabilities20202019201820172016
Payables and accrued expenses$12,293$9,159$16,242$13,377$31,072
Other current liabilities$0$0$0$0$0
Total current liabilities$12,293$9,159$16,242$13,377$31,072
Debt$0$0$0$0$0
Due to (from) affiliates$146,829$155,868$150,845$139,779$146,170
Other long-term liabilities$0$0$0$0$0
Total long-term liabilities$146,829$155,868$150,845$139,779$146,170
Total liabilities$159,122$165,027$167,087$153,156$177,242
 
Net assets20202019201820172016
Without donor restrictions$1,427,884$1,235,374$1,272,737$1,633,204$1,587,451
With donor restrictions$293,899$206,258$180,278($127,434)$50,281
Net assets$1,721,783$1,441,632$1,453,015$1,505,770$1,637,732
 
Revenues and expenses
 
Revenue20202019201820172016
Total contributions$1,211,689$911,461$1,086,515$839,283$1,032,926
Program service revenue$0$0$0$0$0
Membership dues$0$0$0$0$0
Investment income$8,392$6,499$8,363$12,313$793
Other revenue$235,895$265,469$147,586$123,041$125,510
Total other revenue$244,287$271,968$155,949$135,354$126,303
Total revenue$1,455,976$1,183,429$1,242,464$974,637$1,159,229
 
Expenses20202019201820172016
Program services$991,891$1,036,635$1,116,894$938,533$1,121,584
Management and general$111,884$111,618$116,903$117,578$120,346
Fundraising$75,805$70,217$90,043$77,408$82,070
Total expenses$1,179,580$1,218,470$1,323,840$1,133,519$1,324,000
 
Change in net assets20202019201820172016
Surplus (deficit)$276,396($35,041)($81,376)($158,882)($164,771)
Other changes in net assets$3,755$23,658$28,621$26,920$107,533
Total change in net assets$280,151($11,383)($52,755)($131,962)($57,238)

Compensation

NameTitleCompensation
David RathPresident$70,000
Trace RothDirector of$47,350
Pastor Herb CodingtonBoard Member$22,000

Compensation data as of: 6/30/2020


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 5/28/2021. To update the information below, please email: info@ministrywatch.com


History

In 1969 Jack Snyder, founder of Mission Possible, along with his evangelistic mentor, James McKeegan, went on a Christian outreach to Haiti. Jack Snyder was deeply moved by the situation of the people. Initially he and his wife, Bettie, worked to raise funds to build churches. In April 1979, the Lord enabled the Snyders to form Mission Possible ("MP"). In 1980, Mission Possible Canada was formed as a sister ministry.

MP began with a single school in Montrouis, Haiti. Since then, 8 schools have been started in Haiti.

In 1988, MP pioneered a small work in the Dominican Republic. The work was formalized in 1992 with the establishment of Ebenezer Educational Center at Batey Central in Barahona. The school began with kindergarten through third grade and now serves students through 8th grade.

In recent years, their priorities have been to develop Haitian and Dominican national leaders, increase the spiritual training and ministry, improve the school programs, and upgrade facilities. Despite political and cultural obstacles, the spiritual ministry now includes 9 Christian schools, 9 churches, discipleship classes, and a Bible School.


Program accomplishments

  • Mission Possible runs Christian schools in Haiti and the Dominican Republic (approx. 2,500 students).
  • Nutritious meals are served in their school feeding programs.
  • National pastors and lay leaders attend Mission Possible's Bible School to minister to their own people more effectively.
  • Disaster relief efforts.
  • Mission outreach teams to Haiti and the Dominican Republic (Youth and Adult).
  • Young adults attend Mission Possible's Vocational School to learn a trade in order to support their families.

Needs