Muncie Mission Ministries 
The information on this page was last updated 6/16/2023. If you see errors or omissions, please email: [email protected]
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: 765-288-9122
Email: [email protected]
Organization details
EIN: 350869061
CEO/President: Frank Baldwin
Chairman: James Rosema
Board size: 11
Founder: Rev. Eddie Thomas
Ruling year: 1937
Tax deductible: Yes
Fiscal year end: 12/31
Member of ECFA: No
Member of ECFA since:
Purpose
The Muncie Mission is a faith-based agency that provides compassionate services on an immediate and/or long-term basis to the homeless and very poor of east central Indiana.
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
Donor confidence score
Transparency grade
C
To understand our transparency grade, click here.
Financial efficiency ratings
Sector: Rescue Missions/Homeless Shelters
| Category | Rating | Overall rank | Sector rank |
| Overall efficiency rating | | 832 of 1106 | 104 of 140 |
| Fund acquisition rating | | 709 of 1107 | 95 of 140 |
| Resource allocation rating | | 708 of 1107 | 76 of 140 |
| Asset utilization rating | | 735 of 1106 | 103 of 140 |
Financial ratios
| Funding ratios | Sector median | 2022 | 2021 | 2020 | 2019 | 2018 |
Return on fundraising efforts Return on fundraising efforts = Fundraising expense / Total contributions | 11% | 19% | 19% | 19% | 24% | 21% |
Fundraising cost ratio Fundraising cost ratio = Fundraising expense / Total revenue | 10% | 8% | 9% | 11% | 11% | 10% |
Contributions reliance Contributions reliance = Total contributions / Total revenue | 93% | 44% | 47% | 58% | 46% | 50% |
Fundraising expense ratio Fundraising expense ratio = Fundraising expense / Total expenses | 11% | 9% | 14% | 13% | 11% | 11% |
Other revenue reliance Other revenue reliance = Total other revenue / Total revenue | 7% | 56% | 53% | 42% | 54% | 50% |
| Operating ratios | Sector median | 2022 | 2021 | 2020 | 2019 | 2018 |
Program expense ratio Program expense ratio = Program services / Total expenses | 79% | 78% | 63% | 63% | 65% | 69% |
Spending ratio Spending ratio = Total expenses / Total revenue | 90% | 89% | 67% | 84% | 100% | 97% |
Program output ratio Program output ratio = Program services / Total revenue | 71% | 69% | 42% | 52% | 65% | 66% |
Savings ratio Savings ratio = Surplus (deficit) / Total revenue | 10% | 11% | 33% | 16% | 0% | 3% |
Reserve accumulation rate Reserve accumulation rate = Surplus (deficit) / Net assets | 7% | 5% | 14% | 6% | 0% | 1% |
General and admin ratio General and admin ratio = Management and general expense / Total expenses | 9% | 13% | 23% | 24% | 24% | 21% |
| Investing ratios | Sector median | 2022 | 2021 | 2020 | 2019 | 2018 |
Total asset turnover Total asset turnover = Total expenses / Total assets | 0.52 | 0.41 | 0.28 | 0.29 | 0.30 | 0.31 |
Degree of long-term investment Degree of long-term investment = Total assets / Total current assets | 2.80 | 3.24 | 3.18 | 3.64 | 5.11 | 5.86 |
Current asset turnover Current asset turnover = Total expenses / Total current assets | 1.69 | 1.34 | 0.88 | 1.06 | 1.56 | 1.81 |
| Liquidity ratios | Sector median | 2022 | 2021 | 2020 | 2019 | 2018 |
Current ratio Current ratio = Total current assets / Total current liabilities | 13.05 | 28.58 | 27.16 | 23.76 | 22.07 | 10.37 |
Current liabilities ratio Current liabilities ratio = Total current liabilities / Total current assets | 0.07 | 0.03 | 0.04 | 0.04 | 0.05 | 0.10 |
Liquid reserve level Liquid reserve level = (Total current assets - Total current liabilities) / (Total expenses / 12) | 6.30 | 8.67 | 13.18 | 10.85 | 7.36 | 6.00 |
| Solvency ratios | Sector median | 2022 | 2021 | 2020 | 2019 | 2018 |
Liabilities ratio Liabilities ratio = Total liabilities / Total assets | 8% | 2% | 1% | 1% | 1% | 2% |
Debt ratio Debt ratio = Debt / Total assets | 0% | 0% | 0% | 0% | 0% | 0% |
Reserve coverage ratio Reserve coverage ratio = Net assets / Total expenses | 157% | 238% | 358% | 340% | 325% | 319% |
Financials
| Balance sheet | |||||
| Assets | 2022 | 2021 | 2020 | 2019 | 2018 |
| Cash | $1,075,119 | $748,438 | $1,088,208 | $618,676 | $921,968 |
| Receivables, inventories, prepaids | $124,482 | $121,889 | $132,014 | $152,628 | $121,490 |
| Short-term investments | $1,165,415 | $1,497,225 | $571,530 | $420,263 | $0 |
| Other current assets | $0 | $0 | $0 | $0 | $0 |
| Total current assets | $2,365,016 | $2,367,552 | $1,791,752 | $1,191,567 | $1,043,458 |
| Long-term investments | $30,801 | $35,829 | $30,559 | $149,144 | $268,497 |
| Fixed assets | $5,223,000 | $5,124,663 | $4,706,282 | $4,746,304 | $4,804,746 |
| Other long-term assets | $50,572 | $350 | $780 | $1,780 | $1,780 |
| Total long-term assets | $5,304,373 | $5,160,842 | $4,737,621 | $4,897,228 | $5,075,023 |
| Total assets | $7,669,389 | $7,528,394 | $6,529,373 | $6,088,795 | $6,118,481 |
| Liabilities | 2022 | 2021 | 2020 | 2019 | 2018 |
| Payables and accrued expenses | $82,745 | $87,171 | $75,419 | $53,983 | $100,651 |
| Other current liabilities | $0 | $0 | $0 | $0 | $0 |
| Total current liabilities | $82,745 | $87,171 | $75,419 | $53,983 | $100,651 |
| Debt | $0 | $0 | $0 | $0 | $0 |
| Due to (from) affiliates | $0 | $0 | $0 | $0 | $0 |
| Other long-term liabilities | $59,824 | $10,333 | $0 | $0 | $0 |
| Total long-term liabilities | $59,824 | $10,333 | $0 | $0 | $0 |
| Total liabilities | $142,569 | $97,504 | $75,419 | $53,983 | $100,651 |
| Net assets | 2022 | 2021 | 2020 | 2019 | 2018 |
| Without donor restrictions | $6,973,755 | $7,153,691 | $6,353,473 | $5,845,401 | $5,728,000 |
| With donor restrictions | $553,065 | $277,199 | $100,481 | $189,411 | $289,830 |
| Net assets | $7,526,820 | $7,430,890 | $6,453,954 | $6,034,812 | $6,017,830 |
| Revenues and expenses | |||||
| Revenue | 2022 | 2021 | 2020 | 2019 | 2018 |
| Total contributions | $1,558,725 | $1,478,613 | $1,312,713 | $858,508 | $968,882 |
| Program service revenue | $428,571 | $388,737 | $202,342 | $230,887 | $226,558 |
| Membership dues | $0 | $0 | $0 | $0 | $0 |
| Investment income | $5,422 | $210,581 | $16,888 | $7,887 | $1,831 |
| Other revenue | $1,549,810 | $1,036,201 | $735,645 | $749,158 | $751,613 |
| Total other revenue | $1,983,803 | $1,635,519 | $954,875 | $987,932 | $980,002 |
| Total revenue | $3,542,528 | $3,114,132 | $2,267,588 | $1,846,440 | $1,948,884 |
| Expenses | 2022 | 2021 | 2020 | 2019 | 2018 |
| Program services | $2,448,866 | $1,317,407 | $1,189,314 | $1,206,274 | $1,292,535 |
| Management and general | $411,845 | $473,812 | $455,673 | $437,560 | $387,363 |
| Fundraising | $297,034 | $284,694 | $253,233 | $210,205 | $204,446 |
| Total expenses | $3,157,745 | $2,075,913 | $1,898,220 | $1,854,039 | $1,884,344 |
| Change in net assets | 2022 | 2021 | 2020 | 2019 | 2018 |
| Surplus (deficit) | $384,783 | $1,038,219 | $369,368 | ($7,599) | $64,540 |
| Other changes in net assets | $0 | $0 | $0 | $0 | $0 |
| Total change in net assets | $384,783 | $1,038,219 | $369,368 | ($7,599) | $64,540 |
Compensation
| Name | Title | Compensation |
| Frank F Baldwin | Executive Di | $107,860 |
Compensation data as of: 12/31/2022
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 6/16/2023. To update the information below, please email: [email protected]
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.