Sunrise Mission

The information in this column was provided to MinistryWatch by the ministry itself. It was last updated 12/7/2020. To update the information in this column, please email: info@ministrywatch.com


Summary

Sunrise Mission is a private Christian homeless shelter. While Sunrise Mission is not a good fit for every person who applies, we offer other services to assist them such as referrals to other agencies, food, and warm clothing. Our services are 100% funded by the generous donations and prayers of our neighbors. We are a short term shelter for individuals and adults in Northeast Michigan. We strive to show the unconditional love of Christ, while helping others to grow in personal responsibility - a "hand up" in a time personal crisis.


Contact information

Mailing address:
Sunrise Mission
622 West Chisolm Street
Alpena, MI 49707

Website: sunrisemission.com

Phone: 989-356-1577

Email: info@sunrisemission.com


Organization details

EIN: 383093250

CEO/President: Kevin Englund

Chairman:

Board size: 0

Founder:

Year founded: 1995

Tax deductible: Yes

Fiscal year end: 12/31

Member of ECFA: No

Member of ECFA since:


Purpose

As we meet immediate needs, we also work to help our guests regain personal independence and become proud and productive members of our community. We are passionate about the work we do because we know that we help people change their lives! While they are here, we walk along side our guests and help them create connections with resources including community agencies, housing services, and MI Bridges.


Mission statement

To glorify God by serving people in need, proclaiming the gospel and offering opportunity for Christian counseling.


Statement of faith

Transparency grade

D

To understand our transparency grade, click here.


Financial efficiency ratings

Sector: Rescue Missions/Homeless Shelters

CategoryRatingOverall rankSector rank
Overall efficiency rating296 of 91361 of 160
Fund acquisition rating271 of 91543 of 160
Resource allocation rating115 of 91522 of 160
Asset utilization rating759 of 913140 of 160

Financial ratios

Funding ratiosSector median20202019201820172016
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
10%0%0%0%0%0%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
9%0%0%0%0%0%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
91%28%56%73%70%56%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
10%0%0%0%0%0%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
9%72%44%27%30%44%
 
Operating ratiosSector median20202019201820172016
Program expense ratio Program expense ratio =
Program services /
Total expenses
79%86%96%95%95%95%
Spending ratio Spending ratio =
Total expenses /
Total revenue
96%125%70%125%47%82%
Program output ratio Program output ratio =
Program services /
Total revenue
76%107%67%120%45%78%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
4%-25%30%-25%53%18%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
3%-7%12%-5%26%6%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
9%14%4%5%5%5%
 
Investing ratiosSector median20202019201820172016
Total asset turnover Total asset turnover =
Total expenses /
Total assets
0.580.320.280.260.230.28
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
3.766.719.4611.5111.046.73
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
2.262.162.642.962.521.89
 
Liquidity ratiosSector median20202019201820172016
Current ratio Current ratio =
Total current assets /
Total current liabilities
10.1920.9232.1921.4116.1428.54
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.080.050.030.050.060.04
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
4.455.294.403.864.466.14
 
Solvency ratiosSector median20202019201820172016
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
10%1%0%0%1%1%
Debt ratio Debt ratio =
Debt /
Total assets
1%0%0%0%0%0%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
141%308%357%387%436%355%

Financials

Balance sheet
 
Assets20202019201820172016
Cash$202,088$152,004$109,794$125,453$152,168
Receivables, inventories, prepaids$0$0$0$0$0
Short-term investments$0$0$0$0$0
Other current assets$0$0$0$0$0
Total current assets$202,088$152,004$109,794$125,453$152,168
Long-term investments$0$0$0$0$0
Fixed assets$694,410$737,722$535,543$452,252$447,731
Other long-term assets$459,289$548,501$618,318$807,860$424,355
Total long-term assets$1,153,699$1,286,223$1,153,861$1,260,112$872,086
Total assets$1,355,787$1,438,227$1,263,655$1,385,565$1,024,254
 
Liabilities20202019201820172016
Payables and accrued expenses$4,973$1,647$2,052$6,074$3,932
Other current liabilities$4,686$3,075$3,075$1,700$1,400
Total current liabilities$9,659$4,722$5,127$7,774$5,332
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$9,659$4,722$5,127$7,774$5,332
 
Net assets20202019201820172016
Without donor restrictions$0$0$553,057$692,578$546,635
With donor restrictions$0$0$65,260$115,282$403,396
Net assets$1,346,128$1,433,505$1,258,528$1,377,791$1,018,922
 
Revenues and expenses
 
Revenue20202019201820172016
Total contributions$99,097$324,251$189,676$471,716$196,380
Program service revenue$18,558$10,285$0$0$0
Membership dues$0$0$0$0$0
Investment income$35,614$107,232($40,724)$89,260$22,702
Other revenue$195,900$135,323$110,588$110,073$131,153
Total other revenue$250,072$252,840$69,864$199,333$153,855
Total revenue$349,169$577,091$259,540$671,049$350,235
 
Expenses20202019201820172016
Program services$375,016$387,016$310,407$300,668$271,502
Management and general$61,802$14,772$15,030$15,616$15,670
Fundraising$0$0$0$0$0
Total expenses$436,818$401,788$325,437$316,284$287,172
 
Change in net assets20202019201820172016
Surplus (deficit)($87,649)$175,303($65,897)$354,765$63,063
Other changes in net assets$0$0$0$0$0
Total change in net assets($87,649)$175,303($65,897)$354,765$63,063

Compensation

NameTitleCompensation
Michael FisherAssitant Director$47,038
Barbara MathernDirector$34,654

Compensation data as of: 12/31/2020


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 12/7/2020. To update the information below, please email: info@ministrywatch.com


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