Mission Possible, Inc.

Summary

Mission Possible ("MP") is a Christian nonprofit mission to the people of Haiti and the Dominican Republic. The Child Sponsorship Program is the backbone of Mission Possible. Through their sponsorship program, MP gives practical assistance to some of the World's poorest children. In the Dominican Republic, Mission Possible partners with established local churches and uses MP missions teams to assist local ministry efforts. Mission Possible operates via a Joint Ministry Agreement - Mission Possible Canada, Mission Possible United States and Mission Possible International for the field operations. This organization is a nonprofit. Contributions to it are fully tax deductible to the extent allowed by law. It is a member of the Evangelical Council for Financial Accountability (ECFA).


Contact information

Mailing address:
PO Box 1026
(306 W Bigelow Ave 45840)
Findlay, OH 45839-1026

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

Mission Possible ("MP") is a Christian nonprofit mission to the people of Haiti and the Dominican Republic. The Child Sponsorship Program is the backbone of Mission Possible. Through their sponsorship program, MP gives practical assistance to some of the World's poorest children. In the Dominican Republic, Mission Possible partners with established local churches and uses MP missions teams to assist local ministry efforts. Mission Possible operates via a Joint Ministry Agreement - Mission Possible Canada, Mission Possible United States and Mission Possible International for the field operations. This organization is a nonprofit. Contributions to it are fully tax deductible to the extent allowed by law. It is a member of the Evangelical Council for Financial Accountability (ECFA).


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.

Financial efficiency ratings

Sector: Foreign Missions

CategoryRatingOverall rankSector rank
Overall efficiency rating347 of 43069 of 78
Fund acquisition rating281 of 43059 of 78
Resource allocation rating206 of 43037 of 78
Asset utilization rating408 of 43078 of 78

Financial ratios

Funding ratiosMedian % for
all ministries in
MW database
20172016201520142013
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
7%9%8%5%7%10%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
6%8%7%5%6%8%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
95%86%89%89%85%84%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
6%7%6%5%6%8%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
5%14%11%11%15%16%
 
Operating ratiosMedian % for
all ministries in
MW database
20172016201520142013
Program expense ratio Program expense ratio =
Program services /
Total expenses
83%83%85%83%82%81%
Spending ratio Spending ratio =
Total expenses /
Total revenue
99%116%114%91%94%98%
Program output ratio Program output ratio =
Program services /
Total revenue
81%96%97%75%77%80%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
1%-16%-14%9%6%2%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
3%-11%-10%7%5%2%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
10%10%9%12%12%11%
 
Investing ratiosMedian measure
for all ministries
in MW database
20172016201520142013
Total asset turnover Total asset turnover =
Total expenses /
Total assets
1.320.680.730.600.680.79
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
1.539.164.843.434.245.72
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
2.536.263.532.062.884.52
 
Liquidity ratiosMedian measure
for all ministries
in MW database
20172016201520142013
Current ratio Current ratio =
Total current assets /
Total current liabilities
9.0913.5412.0614.7822.0417.30
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.100.070.080.070.050.06
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
4.071.783.125.433.982.50
 
Solvency ratiosMedian % for
all ministries in
MW database
20172016201520142013
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
10%9%10%10%10%11%
Debt ratio Debt ratio =
Debt /
Total assets
0%0%0%0%0%0%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
63%133%124%150%132%112%

Financials

Balance sheet
 
Assets20172016201520142013
Cash$76,606$277,055$458,813$327,666$288,064
Receivables, inventories, prepaids$1,667$7,171$0$0$4,840
Short-term investments$99,313$87,141$86,978$84,062$3,496
Other current assets$3,521$3,516$3,511$3,505$0
Total current assets$181,107$374,883$549,302$415,233$296,400
Long-term investments$10,744$9,462$10,000$0$0
Fixed assets$1,484,285$1,361,851$1,329,614$1,352,674$1,394,962
Other long-term assets($17,210)$68,778($5,956)($6,940)$3,893
Total long-term assets$1,477,819$1,440,091$1,333,658$1,345,734$1,398,855
Total assets$1,658,926$1,814,974$1,882,960$1,760,967$1,695,255
 
Liabilities20172016201520142013
Payables and accrued expenses$13,377$31,072$37,161$18,838$17,133
Other current liabilities$0$0$0$0$0
Total current liabilities$13,377$31,072$37,161$18,838$17,133
Debt$0$0$0$0$0
Due to (from) affiliates$139,779$146,170$152,688$162,514$174,474
Other long-term liabilities$0$0$0$0$0
Total long-term liabilities$139,779$146,170$152,688$162,514$174,474
Total liabilities$153,156$177,242$189,849$181,352$191,607
 
Net assets20172016201520142013
Unrestricted$1,633,204$1,587,451$1,543,814$1,519,417$1,526,498
Temporarily restricted($203,084)($25,369)$73,647($15,452)($98,500)
Permanently restricted$75,650$75,650$75,650$75,650$75,650
Net assets$1,505,770$1,637,732$1,693,111$1,579,615$1,503,648
 
Revenues and expenses
 
Revenue20172016201520142013
Total contributions$839,283$1,032,926$1,103,941$1,080,798$1,142,895
Program service revenue$0$0$0$0$0
Membership dues$0$0$0$0$0
Investment income$12,313$793$3,763$8,901$574
Other revenue$123,041$125,510$137,173$182,750$217,866
Total other revenue$135,354$126,303$140,936$191,651$218,440
Total revenue$974,637$1,159,229$1,244,877$1,272,449$1,361,335
 
Expenses20172016201520142013
Program services$938,533$1,121,584$934,273$976,000$1,083,940
Management and general$117,578$120,346$139,692$145,178$145,459
Fundraising$77,408$82,070$57,416$75,304$108,860
Total expenses$1,133,519$1,324,000$1,131,381$1,196,482$1,338,259
 
Change in net assets20172016201520142013
Surplus (deficit)($158,882)($164,771)$113,496$75,967$23,076
Other changes in net assets$26,920$107,533$0$0$0
Total change in net assets($131,962)($57,238)$113,496$75,967$23,076

Response from ministry

No response has been provided by this ministry.


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