Springfield Victory Mission Inc

Summary

Victory Mission is a Christian outreach to people who are hungry, homeless, hurting and struggling to meet their family's basic needs.


Contact information

Mailing address:
Springfield Victory Mission Inc
PO Box 2884
Springfield, MO 65801

Website: victorymission.com

Phone: 417-864-2200

Email: info@victorymission.com


Organization details

EIN: 431345089

CEO/President: Jason Hynson

Chairman: Rita Gurian

Board size: 14

Founder: Rev. and Mrs. Everett Cook

Year founded: 1991

Tax deductible: Yes

Fiscal year end: 06/30

Member of ECFA: No

Member of ECFA since:


Purpose

Our vision: "Every life has purpose!" From meeting immediate needs of hunger and shelter to executing programs and social enterprises that provide sustainable opportunities of personal growth, we are on a mission of "victory" for all who call the Springfield area home.


Mission statement

We share God's love through intentional relationships for the restoration of a brokenhearted world.


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 rating575 of 725117 of 145
Fund acquisition rating533 of 726103 of 145
Resource allocation rating624 of 726127 of 145
Asset utilization rating316 of 72573 of 145

Financial ratios

Funding ratiosSector median20182017201620152014
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
10%15%15%15%13%11%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
8%13%12%12%11%9%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
90%83%80%80%88%87%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
9%17%14%12%10%10%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
10%17%20%20%12%13%
 
Operating ratiosSector median20182017201620152014
Program expense ratio Program expense ratio =
Program services /
Total expenses
79%66%62%70%78%82%
Spending ratio Spending ratio =
Total expenses /
Total revenue
97%75%86%97%107%94%
Program output ratio Program output ratio =
Program services /
Total revenue
76%50%53%68%83%77%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
3%25%14%3%-7%6%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
3%28%17%4%-14%13%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
10%17%24%17%11%8%
 
Investing ratiosSector median20182017201620152014
Total asset turnover Total asset turnover =
Total expenses /
Total assets
0.620.610.700.941.221.20
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
3.932.684.4412.5011.838.08
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
2.501.633.1011.7714.469.68
 
Liquidity ratiosSector median20182017201620152014
Current ratio Current ratio =
Total current assets /
Total current liabilities
10.6116.273.693.091.092.77
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.080.060.270.320.920.36
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
4.246.922.820.690.070.79
 
Solvency ratiosSector median20182017201620152014
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
8%27%36%38%46%43%
Debt ratio Debt ratio =
Debt /
Total assets
0%23%29%36%38%38%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
144%120%92%66%44%48%

Financials

Balance sheet
 
Assets20182017201620152014
Cash$1,291,890$547,494$86,019$233,025$367,681
Receivables, inventories, prepaids$94,702$92,057$43,385$29,877$45,527
Short-term investments$136,434$119,125$103,783$0$0
Other current assets$0$0$0$0$0
Total current assets$1,523,026$758,676$233,187$262,902$413,208
Long-term investments$0$0$0$0$0
Fixed assets$2,556,978$2,593,228$2,669,989$2,832,770$2,908,538
Other long-term assets$0$14,478$12,598$14,063$15,384
Total long-term assets$2,556,978$2,607,706$2,682,587$2,846,833$2,923,922
Total assets$4,080,004$3,366,382$2,915,774$3,109,735$3,337,130
 
Liabilities20182017201620152014
Payables and accrued expenses$93,628$205,769$75,370$241,911$143,380
Other current liabilities$0$0$0$0$5,800
Total current liabilities$93,628$205,769$75,370$241,911$149,180
Debt$923,492$992,562$1,038,556$1,190,148$1,269,808
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$85,266$0$0$0$0
Total long-term liabilities$1,008,758$992,562$1,038,556$1,190,148$1,269,808
Total liabilities$1,102,386$1,198,331$1,113,926$1,432,059$1,418,988
 
Net assets20182017201620152014
Unrestricted$2,869,299$2,033,295$1,561,362$1,348,196$1,636,836
Temporarily restricted$0$26,437$135,486$230,434$211,306
Permanently restricted$108,319$108,319$105,000$99,046$70,000
Net assets$2,977,618$2,168,051$1,801,848$1,677,676$1,918,142
 
Revenues and expenses
 
Revenue20182017201620152014
Total contributions$2,746,262$2,169,618$2,270,219$3,119,153$3,710,118
Program service revenue$527,100$433,380$256,154$190,717$160,719
Membership dues$0$0$0$0$0
Investment income($20,629)$2,937$42,927($20,701)($5,932)
Other revenue$48,099$122,413$251,114$271,273$381,620
Total other revenue$554,570$558,730$550,195$441,289$536,407
Total revenue$3,300,832$2,728,348$2,820,414$3,560,442$4,246,525
 
Expenses20182017201620152014
Program services$1,638,219$1,456,968$1,927,481$2,968,629$3,260,042
Management and general$420,281$571,002$479,481$433,972$337,845
Fundraising$421,482$324,813$336,926$398,307$401,791
Total expenses$2,479,982$2,352,783$2,743,888$3,800,908$3,999,678
 
Change in net assets20182017201620152014
Surplus (deficit)$820,850$375,565$76,526($240,466)$246,847
Other changes in net assets$0$0$0$0$0
Total change in net assets$820,850$375,565$76,526($240,466)$246,847

Response from ministry

No response has been provided by this ministry.


History

Victory Mission began in 1976 when Rev. and Mrs. Everett Cook saw the needs of the homeless in Downtown Springfield. Their initial efforts included the distribution of sandwiches and coffee from the back of their station wagon.

Over the years, the organization has moved beyond outreach to focus on empowerment through intentional programs and emergency shelters. Victory's Shelter for Men provides a safe space for individuals facing homelessness with the help they need to get back on their feet through recovery programs and job training. Restoration for men and women focuses on long-term discipleship for those ready to reclaim Victory in their lives. SingleMomzRock provides resources for single parents and encouragement to a network of women through monthly meetings and occasional special events.

A number of social enterprises helps to create employment opportunities for members of Victory Mission + Ministry's programs. These ventures not only provide hands-on experience and fair living wages for different individuals, they also allow Victory Mission to become more sustainable as an organization.


Program accomplishments


Needs