Rescue Mission of Mahoning Valley

The information in this column was provided to MinistryWatch by the ministry itself. It was last updated 1/3/2021. To update the information in this column, please email: info@ministrywatch.com


Summary

The Rescue Mission of Mahoning Valley offers food, shelter, safety and a second chance to anyone in need. The people we serve in our emergency shelter come from all walks of life and all economic backgrounds. In the last ten years, we've served over 1,300,000 meals to those in need. But this is just the beginning of our work. We offer not just help for today, but hope for tomorrow.


Contact information

Mailing address:
Rescue Mission of Mahoning Valley
PO Box 298
Youngstown, OH 44501-4501

Website: rescuemissionmv.org

Phone: (330) 744-1420

Email: 2ndchance@rescuemissionmv.org


Organization details

EIN: 346006424

CEO/President: John Muckridge III

Chairman: Ron Cohen

Board size: 6

Founder: W.J. Price

Year founded: 1962

Tax deductible: Yes

Fiscal year end: 09/30

Member of ECFA: Yes

Member of ECFA since: 1986


Purpose

We house, feed, counsel and educate hundreds each year through our residential programs, enabling them to get back on their feet and become productive again. We help people to improve their lives and ultimately, our community.


Mission statement

The purpose of the Rescue Mission of Mahoning Valley is to serve and glorify God through Christ-centered outreach of love and compassion that responds to the physical, emotional and spiritual needs of disadvantaged men, women and children without regard to race, color or creed.


Statement of faith

We believe that the Bible is God's Word, that it was written by men divinely inspired and that it is the supreme infallible authority in all matters of faith and conduct.

We believe in the Unity of the Godhead in which there are three persons: The Father, Son and the Holy Ghost, equal in every divine perfection and executing distinct harmonious offices in the great work of redemption.

We believe in the Holy Spirit who came forth to convince the world of sin, of righteousness, and of judgment, and to regenerate, sanctify, comfort, and instruct those who believe in Christ.

We believe in Jesus Christ, God's only begotten Son, conceived of the Holy Spirit, born of the Virgin Mary, sinless in His life, making atonement for the sin of the world by his death on the cross.

We believe in Jesus Christ, in the bodily resurrection of Christ, His ascension into Heaven, His high priestly intercession for His people, and His personal, visible return to the world according to His promises.

We believe that all men, by nature and by choice, are sinners and are saved only by Grace through Faith in the finished work of Christ upon the Cross which provides complete forgiveness of sin.

We believe that those who accept Christ as Savior shall rejoice forever with God and those who refuse will be forever separated from God in eternal torment.

Transparency grade

A

To understand our transparency grade, click here.


Financial efficiency ratings

Sector: Rescue Missions/Homeless Shelters

CategoryRatingOverall rankSector rank
Overall efficiency rating659 of 817123 of 150
Fund acquisition rating631 of 817113 of 150
Resource allocation rating692 of 817126 of 150
Asset utilization rating381 of 81784 of 150

Financial ratios

Funding ratiosSector median20192018201720162015
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
9%15%19%23%21%17%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
8%15%20%23%20%16%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
91%98%108%99%97%96%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
9%27%27%30%25%16%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
9%2%-8%1%3%4%
 
Operating ratiosSector median20192018201720162015
Program expense ratio Program expense ratio =
Program services /
Total expenses
79%63%64%59%64%77%
Spending ratio Spending ratio =
Total expenses /
Total revenue
97%56%75%74%81%102%
Program output ratio Program output ratio =
Program services /
Total revenue
76%35%48%44%52%78%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
3%44%25%26%19%-2%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
3%36%23%33%32%-6%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
10%11%10%11%11%7%
 
Investing ratiosSector median20192018201720162015
Total asset turnover Total asset turnover =
Total expenses /
Total assets
0.620.440.660.931.303.06
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
3.901.071.121.381.762.41
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
2.490.470.741.282.307.37
 
Liquidity ratiosSector median20192018201720162015
Current ratio Current ratio =
Total current assets /
Total current liabilities
9.9228.2533.6859.2413.034.31
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.080.040.030.020.080.23
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
4.1324.7815.689.194.831.25
 
Solvency ratiosSector median20192018201720162015
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
9%4%3%2%6%11%
Debt ratio Debt ratio =
Debt /
Total assets
0%0%0%1%1%2%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
143%220%146%105%73%29%

Financials

Balance sheet
 
Assets20192018201720162015
Cash$3,897,689$2,229,677$1,252,773$825,371$485,088
Receivables, inventories, prepaids$906,013$673,810$542,349$129,806$22,946
Short-term investments$0$0$0$0$0
Other current assets$0$0$0$0$0
Total current assets$4,803,702$2,903,487$1,795,122$955,177$508,034
Long-term investments$0$0$0$0$0
Fixed assets$298,012$338,599$667,590$718,600$706,594
Other long-term assets$18,294$9,395$9,395$11,085$11,085
Total long-term assets$316,306$347,994$676,985$729,685$717,679
Total assets$5,120,008$3,251,481$2,472,107$1,684,862$1,225,713
 
Liabilities20192018201720162015
Payables and accrued expenses$170,033$86,207$30,302$73,317$117,815
Other current liabilities$0$0$0$0$0
Total current liabilities$170,033$86,207$30,302$73,317$117,815
Debt$11,675$8,964$20,719$20,085$21,397
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$0$0$0$0$0
Total long-term liabilities$11,675$8,964$20,719$20,085$21,397
Total liabilities$181,708$95,171$51,021$93,402$139,212
 
Net assets20192018201720162015
Unrestricted$2,158,102$1,690,183$1,547,846$1,463,075$1,040,383
Temporarily restricted$2,780,198$1,466,127$873,240$128,385$46,118
Permanently restricted$0$0$0$0$0
Net assets$4,938,300$3,156,310$2,421,086$1,591,460$1,086,501
 
Revenues and expenses
 
Revenue20192018201720162015
Total contributions$3,943,220$3,120,218$3,054,730$2,626,440$3,511,928
Program service revenue$0$0$0$0$0
Membership dues$0$0$0$0$0
Investment income$29,746($289,902)$2,240$1,647$133,287
Other revenue$47,969$60,197$38,819$68,789$29,928
Total other revenue$77,715($229,705)$41,059$70,436$163,215
Total revenue$4,020,935$2,890,513$3,095,789$2,696,876$3,675,143
 
Expenses20192018201720162015
Program services$1,407,700$1,373,174$1,362,112$1,400,881$2,876,666
Management and general$236,340$205,368$242,468$245,462$275,667
Fundraising$599,715$577,547$700,278$546,620$592,463
Total expenses$2,243,755$2,156,089$2,304,858$2,192,963$3,744,796
 
Change in net assets20192018201720162015
Surplus (deficit)$1,777,180$734,424$790,931$503,913($69,653)
Other changes in net assets$0$0$0$0$0
Total change in net assets$1,777,180$734,424$790,931$503,913($69,653)

Compensation

NameTitleCompensation
John MuckridgeMission President/CEO$25,715

Compensation data as of: 9/30/2019


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 1/3/2021. To update the information below, please email: info@ministrywatch.com


History

The Christ Mission Settlement was founded in 1893 by W.J. Price at 408 E. Federal St. in Youngstown, Ohio. Initially the ministry was a learning center for adults and underprivileged children. In the mid-1900s, The Mission grew and began feeding and housing thousands of homeless men and women each year.


Program accomplishments


Needs