Muncie Mission Ministries

The information in this column was provided to MinistryWatch by the ministry itself. It was last updated 11/24/2020. To update the information in this column, please email: info@ministrywatch.com


Summary

Muncie Mission Ministries is a faith-based agency that has brought hope and healing to the homeless and needy of Delaware County for over 80 years, with God's guidance and enabling.


Contact information

Mailing address:
Muncie Mission Ministries
1725 S. Liberty St.
Muncie, IN 47302

Website: munciemission.org

Phone: 865-288-9122

Email: info@munciemission.org


Organization details

EIN: 350869061

CEO/President: Frank Baldwin

Chairman: James Rosema

Board size: 10

Founder: Rev. Eddie Thomas

Year founded: 1937

Tax deductible: Yes

Fiscal year end: 12/31

Member of ECFA: No

Member of ECFA since:


Purpose

"Where everyone and everything receives a second chance."


Mission statement

Our purpose, to the glory of God, is to provide compassionate Rescue services on an immediate and/or long-term basis to the poor and needy of Muncie and East Central Indiana.


Statement of faith

Transparency grade

C

To understand our transparency grade, click here.


Financial efficiency ratings

Sector: Rescue Missions/Homeless Shelters

CategoryRatingOverall rankSector rank
Overall efficiency rating899 of 941157 of 160
Fund acquisition rating745 of 943135 of 160
Resource allocation rating882 of 943149 of 160
Asset utilization rating750 of 941137 of 160

Financial ratios

Funding ratiosSector median20192018201720162015
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
10%24%21%32%24%26%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
8%11%10%14%15%16%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
91%46%50%44%61%61%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
10%11%11%14%13%13%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
9%54%50%56%39%39%
 
Operating ratiosSector median20192018201720162015
Program expense ratio Program expense ratio =
Program services /
Total expenses
80%65%69%68%60%60%
Spending ratio Spending ratio =
Total expenses /
Total revenue
95%100%97%101%110%126%
Program output ratio Program output ratio =
Program services /
Total revenue
75%65%66%69%66%76%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
5%0%3%-1%-10%-26%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
4%0%1%0%-2%-6%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
9%24%21%18%27%27%
 
Investing ratiosSector median20192018201720162015
Total asset turnover Total asset turnover =
Total expenses /
Total assets
0.580.300.310.280.260.27
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
3.765.115.869.2510.999.43
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
2.241.561.812.572.862.57
 
Liquidity ratiosSector median20192018201720162015
Current ratio Current ratio =
Total current assets /
Total current liabilities
10.1422.0710.376.586.766.81
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.080.050.100.150.150.15
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
4.457.366.003.963.583.98
 
Solvency ratiosSector median20192018201720162015
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
10%1%2%2%1%2%
Debt ratio Debt ratio =
Debt /
Total assets
1%0%0%0%0%0%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
141%325%319%354%380%361%

Financials

Balance sheet
 
Assets20192018201720162015
Cash$618,676$921,968$537,227$470,685$577,999
Receivables, inventories, prepaids$152,628$121,490$106,690$70,757$69,299
Short-term investments$420,263$0$0$0$0
Other current assets$0$0$0$0$0
Total current assets$1,191,567$1,043,458$643,917$541,442$647,298
Long-term investments$149,144$268,497$431,958$427,554$425,307
Fixed assets$4,746,304$4,804,746$4,877,147$4,979,486$5,029,410
Other long-term assets$1,780$1,780$1,780$1,780$780
Total long-term assets$4,897,228$5,075,023$5,310,885$5,408,820$5,455,497
Total assets$6,088,795$6,118,481$5,954,802$5,950,262$6,102,795
 
Liabilities20192018201720162015
Payables and accrued expenses$53,983$100,651$97,886$80,127$94,992
Other current liabilities$0$0$0$0$0
Total current liabilities$53,983$100,651$97,886$80,127$94,992
Debt$0$0$0$0$0
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$0$0$0$0$0
Total long-term liabilities$0$0$0$0$0
Total liabilities$53,983$100,651$97,886$80,127$94,992
 
Net assets20192018201720162015
Without donor restrictions$5,845,401$5,728,000$5,786,999$5,840,369$5,979,227
With donor restrictions$189,411$289,830$69,917$29,766$28,576
Net assets$6,034,812$6,017,830$5,856,916$5,870,135$6,007,803
 
Revenues and expenses
 
Revenue20192018201720162015
Total contributions$858,508$968,882$715,577$855,924$813,416
Program service revenue$230,887$226,558$229,734$137,122$109,338
Membership dues$0$0$0$0$0
Investment income$7,887$1,831$2,076$1,719$2,164
Other revenue$749,158$751,613$691,410$413,118$400,432
Total other revenue$987,932$980,002$923,220$551,959$511,934
Total revenue$1,846,440$1,948,884$1,638,797$1,407,883$1,325,350
 
Expenses20192018201720162015
Program services$1,206,274$1,292,535$1,126,139$927,437$1,006,016
Management and general$437,560$387,363$302,767$413,394$447,342
Fundraising$210,205$204,446$226,423$205,902$211,238
Total expenses$1,854,039$1,884,344$1,655,329$1,546,733$1,664,596
 
Change in net assets20192018201720162015
Surplus (deficit)($7,599)$64,540($16,532)($138,850)($339,246)
Other changes in net assets$0$0$0$0$0
Total change in net assets($7,599)$64,540($16,532)($138,850)($339,246)

Compensation

NameTitleCompensation
Frank F BaldwinExecutive Di$87,145

Compensation data as of: 12/31/2019


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 11/24/2020. To update the information below, please email: info@ministrywatch.com


History

Muncie Mission has been in operation for 90 years. In the 1930s, Rev. Eddie Thomas opened the mission in the basement of the old First Baptist Church for the men, women, and children who were in need of food and shelter during the Great Depression. In 1935, Muncie Mission was able to acquire the Alva Kitselman building on South Mulberry to function as the primary location for the Mission. The Mission became incorporated that same year and its first Board of Directors was elected.

In September of 2014, Ray and Paula Raines retired after 29 years. As the Raines' came to the end of their time at the Mission, Frank and Anna Baldwin's path began. Frank, with a deep background in both business and ministry, was voted unanimously by the Board to be the next Director. Anna uses her experience and skills (with people and organization) as Human Resources Director and Director of Kitchen Services.

Over the years, we were able to grow more and more, offering more programs and services to the community. We started our long-running chain of Attic Window stores, developed the recycling program, and started serving free community lunches to families in need.

Throughout the years, the Mission has moved locations, but it has always stayed in Muncie, where its operations remain focused on Muncie and East Central Indiana communities. After a successful Capital Campaign, we were able to break ground in 2006 on a brand-new facility at its current location of 1725 S. Liberty Street that would better accommodate the needs of the Men's Service as well as stand as the new corporate office for the Mission. We moved into the new facility in November of 2008, and opened the facility to the community in January of 2009. We have been blessed to maintain operations in this incredible building ever since.


Program accomplishments


Needs