Wheeler 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

Wheeler Mission helps the homeless in Indiana. Wheeler is a non-denominational, Christian, social services organization, which provides critically needed goods and services to the homeless, poor, and needy of central Indiana without regard to race, color, sexual orientation, creed, national origin, or religion. Wheeler is not a church, but does cooperate with many different churches that are concerned about poverty and homelessness in the inner city. 9 locations, dozens of ministries, a $11 million budget and 180+ employees. Wheeler is the largest and most diverse ministry of its kind in the state.


Contact information

Mailing address:
Wheeler Mission Ministries
205 E. New York St.
Indianapolis, IN 46204

Website: wheelermission.org

Phone: (317) 635-3575

Email: info@wheelermission.org


Organization details

EIN: 350888771

CEO/President: Rick A. Alvis

Chairman: Jim Fountain

Board size: 18

Founder: William V. Wheeler

Year founded: 1942

Tax deductible: Yes

Fiscal year end: 05/31

Member of ECFA: Yes

Member of ECFA since: 1987


Purpose

To see every man, woman, and child we serve equipped to be productive citizens who enjoy lasting success in Christ.


Mission statement

To provide Christ-centered programs and services to the homeless and those in need.


Statement of faith

This statement of our faith below shall keep each of us grounded in Biblical truth so that we can lead others to a saving knowledge of the Lord Jesus Christ and correctly disciple them.

The following declarations are statements of fundamental doctrines with which all who serve Wheeler Mission, Inc. should be in agreement:

We believe in the Scripture of the Old and New Testaments as verbally inspired by God, and inerrant in the original writings, and that they are of supreme and final authority in faith and life. Ps. 1; John 1:1, 14; Rom. 2:11-22; 1 Thess. 2:13; II Tim. 3:16-17; II Peter 2:20-21; 1 John 2:1-5

We believe in one God, eternally existing in three persons: Father, Son, and Holy Spirit. Gen. 1:1-2, 26; Matt. 16:16-17; Matt. 28:18-19; John 1:1, 14; Acts 5:3-4; I Cor. 2:9-11; Phil. 2:5-11; Heb. 1:1-14

We believe that Jesus Christ was begotten by the Holy Spirit, and born of the Virgin Mary and is true God and true man. Is. 7:14; Matt. 1:18-20; John 3:17; Gal. 4:4; Phil. 2:5-11; I Tim. 2:5-6

We believe that man was created in the image of God; that he sinned, and thereby incurred, not only physical death, but also that spiritual death which is separation from God; and that all human beings are born with a sinful nature, and in the case of those who reach moral responsibility become sinners in thought, word and deed. Gen. 1: 26-27; Gen. 3:1-19; Ps. 51:5; Is. 43:7; Is. 64:6; Rom. 3:23; Rom. 5:12; I Thess. 5:23; Heb. 4:12

We believe that the Lord Jesus died for our sins according to the Scriptures, as a representative and substitutionary sacrifice; and that all who believe in Him are justified on the grounds of His shed blood. Rom. 5:8; Rom. 8:12-17; Phil. 2:9-11; Heb. 9:13-28; I John 2:2

We believe in the resurrection of the crucified body of our Lord, in His ascension into heaven, and in His present life there for us, as a High Priest and Advocate. John 1:29-36, 10:11-15; John 3:16-17; Rom. 3:25, 10:3; Rom. 5:10-11; Rom. 8:32-35; II Cor. 5:21; Phil. 2:5-11; Heb. 2:17

We believe in "that blessed hope," the personal and imminent return of our Lord and Savior, Jesus Christ. Dan. 2:44; Matt. 24:30-31; Matt. 24:36-44; John 5:28-30; Acts 1:9; I Cor. 15:50-57; I Thess. 4:13-17

We believe that all who receive by faith the Lord Jesus Christ are born again of the Holy Spirit and thereby become children of God John 3:1-16; Rom. 8:15; II Cor. 5:17; Eph. 1:3-14

We believe that Jesus Christ will personally and visibly return in glory to raise the dead and bring salvation and judgment to completion. God will fully manifest His kingdom when He establishes a new heaven and new earth, in which He will be glorified forever and exclude all evil, suffering and death. Ps. 1:5; Matt 12:36; Rom. 4:10; Rom. 6:5; 1 Cor. 4:5, 3:13-14; II Cor. 5:10; I Thess. 4:13-17; I Tim. 3:6; Heb. 9:27; Jude 1:6; Rev. 20:5-6

Transparency grade

A

To understand our transparency grade, click here.


Financial efficiency ratings

Sector: Rescue Missions/Homeless Shelters

CategoryRatingOverall rankSector rank
Overall efficiency rating738 of 817136 of 150
Fund acquisition rating642 of 817116 of 150
Resource allocation rating606 of 817113 of 150
Asset utilization rating650 of 817125 of 150

Financial ratios

Funding ratiosSector median20202019201820172016
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
9%16%15%25%26%24%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
8%15%13%20%22%21%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
91%91%92%81%83%86%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
9%22%25%22%23%24%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
9%9%8%19%17%14%
 
Operating ratiosSector median20202019201820172016
Program expense ratio Program expense ratio =
Program services /
Total expenses
79%71%69%72%73%72%
Spending ratio Spending ratio =
Total expenses /
Total revenue
97%66%54%90%94%87%
Program output ratio Program output ratio =
Program services /
Total revenue
76%47%37%65%68%63%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
3%34%46%10%6%13%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
3%19%36%6%3%7%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
10%7%6%5%4%4%
 
Investing ratiosSector median20202019201820172016
Total asset turnover Total asset turnover =
Total expenses /
Total assets
0.620.330.400.500.470.46
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
3.905.376.965.154.854.69
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
2.491.752.822.572.262.14
 
Liquidity ratiosSector median20202019201820172016
Current ratio Current ratio =
Total current assets /
Total current liabilities
9.9214.6010.709.007.499.63
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.080.070.090.110.130.10
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
4.136.393.864.154.615.03
 
Solvency ratiosSector median20202019201820172016
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
9%10%5%6%6%6%
Debt ratio Debt ratio =
Debt /
Total assets
0%5%0%0%0%0%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
143%275%234%189%202%207%

Financials

Balance sheet
 
Assets20202019201820172016
Cash$5,040,054$1,569,136$494,893$1,222,440$1,112,552
Receivables, inventories, prepaids$747,538$538,007$373,175$442,470$646,722
Short-term investments$3,065,154$3,231,009$3,975,182$3,207,823$3,025,361
Other current assets$0$0$0$0$0
Total current assets$8,852,746$5,338,152$4,843,250$4,872,733$4,784,635
Long-term investments$9,037,017$4,968,460$4,951,460$4,820,184$4,789,184
Fixed assets$9,044,122$12,943,972$11,381,004$10,844,184$10,429,196
Other long-term assets$20,611,620$13,894,182$3,773,009$3,109,845$2,458,314
Total long-term assets$38,692,759$31,806,614$20,105,473$18,774,213$17,676,694
Total assets$47,545,505$37,144,766$24,948,723$23,646,946$22,461,329
 
Liabilities20202019201820172016
Payables and accrued expenses$606,462$498,821$538,330$650,534$497,098
Other current liabilities$0$0$0$0$0
Total current liabilities$606,462$498,821$538,330$650,534$497,098
Debt$2,531,300$0$0$0$0
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$1,841,248$1,515,594$925,809$814,290$750,400
Total long-term liabilities$4,372,548$1,515,594$925,809$814,290$750,400
Total liabilities$4,979,010$2,014,415$1,464,139$1,464,824$1,247,498
 
Net assets20202019201820172016
Unrestricted$0$20,233,909$20,657,202$20,028,616$19,132,308
Temporarily restricted$0$4,593,042$1,523,982$850,106$1,115,556
Permanently restricted$0$10,303,400$1,303,400$1,303,400$965,967
Net assets$42,566,495$35,130,351$23,484,584$22,182,122$21,213,831
 
Revenues and expenses
 
Revenue20202019201820172016
Total contributions$21,417,353$25,504,717$11,309,444$9,809,875$10,064,052
Program service revenue$1,702,513$2,191,887$1,706,237$1,369,023$1,373,890
Membership dues$0$0$0$0$0
Investment income$707,234$595,300$488,799$154,894($114,249)
Other revenue($383,054)($461,537)$407,730$422,527$442,173
Total other revenue$2,026,693$2,325,650$2,602,766$1,946,444$1,701,814
Total revenue$23,444,046$27,830,367$13,912,210$11,756,319$11,765,866
 
Expenses20202019201820172016
Program services$11,012,076$10,385,965$9,012,928$8,001,123$7,356,538
Management and general$1,049,778$942,602$660,137$426,209$431,682
Fundraising$3,417,782$3,709,496$2,782,212$2,569,639$2,443,846
Total expenses$15,479,636$15,038,063$12,455,277$10,996,971$10,232,066
 
Change in net assets20202019201820172016
Surplus (deficit)$7,964,410$12,792,304$1,456,933$759,348$1,533,800
Other changes in net assets$0$0$0$0$0
Total change in net assets$7,964,410$12,792,304$1,456,933$759,348$1,533,800

Compensation

NameTitleCompensation
Alvis Richard APresident/CEO$189,573
Steven MeyerCOO (6/1/19 - 1/3/20)$139,911

Compensation data as of: 5/31/2020


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


History

1893 - The Mission is founded under the name Door of Hope. It's led by a hardware salesman, William V. Wheeler, who volunteers his time.

1908 - William Wheeler dies, and organization is renamed in his honor.

1929 - Present building built at 245 North Delaware Street.

1959 - Wheeler's own camp (later named Camp Hunt) opens.

1990 - Rick Alvis becomes President/CEO

1991 - Wheeler begins to transform the Dearborn Hotel at 3208 East Michigan Street into a youth and family center, named the John D. Hughes Community Center, after its chief benefactor.

2001 - Wheeler and The Care Center merge.

2002 - Wheeler purchases the building adjacent to the men's shelter at 205 East New York Street.

2006 - Wheeler merges with Lighthouse Mission to enhance the programs offered to homeless men (later renamed Shelter for Men).

2009 - The Care Center moves to the Community Center at 3208 East Michigan Street and is renamed to Center for Women & Children.

2015 - New addition to Shelter for Men. Merged with Backstreet Missions in Bloomington, IN.


Program accomplishments


Needs