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 rating766 of 913138 of 160
Fund acquisition rating655 of 915123 of 160
Resource allocation rating796 of 915136 of 160
Asset utilization rating504 of 913103 of 160

Financial ratios

Funding ratiosSector median20202019201820172016
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
10%15%15%19%23%21%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
9%14%15%20%23%20%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
91%94%98%108%99%97%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
10%26%27%27%30%25%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
9%6%2%-8%1%3%
 
Operating ratiosSector median20202019201820172016
Program expense ratio Program expense ratio =
Program services /
Total expenses
79%61%63%64%59%64%
Spending ratio Spending ratio =
Total expenses /
Total revenue
96%53%56%75%74%81%
Program output ratio Program output ratio =
Program services /
Total revenue
76%33%35%48%44%52%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
4%47%44%25%26%19%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
3%29%36%23%33%32%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
9%13%11%10%11%11%
 
Investing ratiosSector median20202019201820172016
Total asset turnover Total asset turnover =
Total expenses /
Total assets
0.580.330.440.660.931.30
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
3.761.731.071.121.381.76
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
2.260.560.470.741.282.30
 
Liquidity ratiosSector median20202019201820172016
Current ratio Current ratio =
Total current assets /
Total current liabilities
10.1935.8828.2533.6859.2413.03
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.080.030.040.030.020.08
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
4.4520.6924.7815.689.194.83
 
Solvency ratiosSector median20202019201820172016
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
10%2%4%3%2%6%
Debt ratio Debt ratio =
Debt /
Total assets
1%0%0%0%1%1%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
141%301%220%146%105%73%

Financials

Balance sheet
 
Assets20202019201820172016
Cash$3,337,687$3,897,689$2,229,677$1,252,773$825,371
Receivables, inventories, prepaids$758,467$906,013$673,810$542,349$129,806
Short-term investments$0$0$0$0$0
Other current assets$0$0$0$0$0
Total current assets$4,096,154$4,803,702$2,903,487$1,795,122$955,177
Long-term investments$0$0$0$0$0
Fixed assets$2,973,876$298,012$338,599$667,590$718,600
Other long-term assets$9,395$18,294$9,395$9,395$11,085
Total long-term assets$2,983,271$316,306$347,994$676,985$729,685
Total assets$7,079,425$5,120,008$3,251,481$2,472,107$1,684,862
 
Liabilities20202019201820172016
Payables and accrued expenses$114,147$170,033$86,207$30,302$73,317
Other current liabilities$0$0$0$0$0
Total current liabilities$114,147$170,033$86,207$30,302$73,317
Debt$12,666$11,675$8,964$20,719$20,085
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$0$0$0$0$0
Total long-term liabilities$12,666$11,675$8,964$20,719$20,085
Total liabilities$126,813$181,708$95,171$51,021$93,402
 
Net assets20202019201820172016
Without donor restrictions$5,588,262$2,158,102$1,690,183$1,547,846$1,463,075
With donor restrictions$1,364,350$2,780,198$1,466,127$873,240$128,385
Net assets$6,952,612$4,938,300$3,156,310$2,421,086$1,591,460
 
Revenues and expenses
 
Revenue20202019201820172016
Total contributions$4,050,637$3,943,220$3,120,218$3,054,730$2,626,440
Program service revenue$0$0$0$0$0
Membership dues$0$0$0$0$0
Investment income$35,938$29,746($289,902)$2,240$1,647
Other revenue$234,901$47,969$60,197$38,819$68,789
Total other revenue$270,839$77,715($229,705)$41,059$70,436
Total revenue$4,321,476$4,020,935$2,890,513$3,095,789$2,696,876
 
Expenses20202019201820172016
Program services$1,409,025$1,407,700$1,373,174$1,362,112$1,400,881
Management and general$297,765$236,340$205,368$242,468$245,462
Fundraising$602,956$599,715$577,547$700,278$546,620
Total expenses$2,309,746$2,243,755$2,156,089$2,304,858$2,192,963
 
Change in net assets20202019201820172016
Surplus (deficit)$2,011,730$1,777,180$734,424$790,931$503,913
Other changes in net assets$0$0$0$0$0
Total change in net assets$2,011,730$1,777,180$734,424$790,931$503,913

Compensation

NameTitleCompensation
John MuckridgeMission President/CEO$35,293

Compensation data as of: 9/30/2020


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 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