Springfield Victory Mission Inc

The information in this column was provided to MinistryWatch by the ministry itself. It was last updated 12/27/2020. To update the information in this column, please email: info@ministrywatch.com


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 rating546 of 94097 of 160
Fund acquisition rating648 of 942112 of 160
Resource allocation rating531 of 94290 of 160
Asset utilization rating362 of 94073 of 160

Financial ratios

Funding ratiosSector median20202018201720162015
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
10%15%15%15%15%13%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
8%12%13%12%12%11%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
91%80%83%80%80%88%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
10%13%17%14%12%10%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
9%20%17%20%20%12%
 
Operating ratiosSector median20202018201720162015
Program expense ratio Program expense ratio =
Program services /
Total expenses
80%78%66%62%70%78%
Spending ratio Spending ratio =
Total expenses /
Total revenue
95%89%75%86%97%107%
Program output ratio Program output ratio =
Program services /
Total revenue
75%69%50%53%68%83%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
5%11%25%14%3%-7%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
4%9%28%17%4%-14%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
9%8%17%24%17%11%
 
Investing ratiosSector median20202018201720162015
Total asset turnover Total asset turnover =
Total expenses /
Total assets
0.580.630.610.700.941.22
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
3.762.362.684.4412.5011.83
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
2.241.501.633.1011.7714.46
 
Liquidity ratiosSector median20202018201720162015
Current ratio Current ratio =
Total current assets /
Total current liabilities
10.1451.3716.273.693.091.09
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.080.020.060.270.320.92
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
4.457.856.922.820.690.07
 
Solvency ratiosSector median20202018201720162015
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
10%11%27%36%38%46%
Debt ratio Debt ratio =
Debt /
Total assets
1%8%23%29%36%38%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
141%140%120%92%66%44%

Financials

Balance sheet
 
Assets20202018201720162015
Cash$1,382,097$1,291,890$547,494$86,019$233,025
Receivables, inventories, prepaids$368,529$94,702$92,057$43,385$29,877
Short-term investments$103,933$136,434$119,125$103,783$0
Other current assets$0$0$0$0$0
Total current assets$1,854,559$1,523,026$758,676$233,187$262,902
Long-term investments$0$0$0$0$0
Fixed assets$2,511,615$2,556,978$2,593,228$2,669,989$2,832,770
Other long-term assets$15,000$0$14,478$12,598$14,063
Total long-term assets$2,526,615$2,556,978$2,607,706$2,682,587$2,846,833
Total assets$4,381,174$4,080,004$3,366,382$2,915,774$3,109,735
 
Liabilities20202018201720162015
Payables and accrued expenses$36,100$93,628$205,769$75,370$241,911
Other current liabilities$0$0$0$0$0
Total current liabilities$36,100$93,628$205,769$75,370$241,911
Debt$333,451$923,492$992,562$1,038,556$1,190,148
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$106,864$85,266$0$0$0
Total long-term liabilities$440,315$1,008,758$992,562$1,038,556$1,190,148
Total liabilities$476,415$1,102,386$1,198,331$1,113,926$1,432,059
 
Net assets20202018201720162015
Without donor restrictions$3,796,440$2,869,299$2,033,295$1,561,362$1,348,196
With donor restrictions$108,319$108,319$134,756$240,486$329,480
Net assets$3,904,759$2,977,618$2,168,051$1,801,848$1,677,676
 
Revenues and expenses
 
Revenue20202018201720162015
Total contributions$2,512,289$2,746,262$2,169,618$2,270,219$3,119,153
Program service revenue$601,228$527,100$433,380$256,154$190,717
Membership dues$0$0$0$0$0
Investment income$20,372($20,629)$2,937$42,927($20,701)
Other revenue$5,407$48,099$122,413$251,114$271,273
Total other revenue$627,007$554,570$558,730$550,195$441,289
Total revenue$3,139,296$3,300,832$2,728,348$2,820,414$3,560,442
 
Expenses20202018201720162015
Program services$2,180,411$1,638,219$1,456,968$1,927,481$2,968,629
Management and general$233,665$420,281$571,002$479,481$433,972
Fundraising$366,368$421,482$324,813$336,926$398,307
Total expenses$2,780,444$2,479,982$2,352,783$2,743,888$3,800,908
 
Change in net assets20202018201720162015
Surplus (deficit)$358,852$820,850$375,565$76,526($240,466)
Other changes in net assets$0$0$0$0$0
Total change in net assets$358,852$820,850$375,565$76,526($240,466)

Compensation

NameTitleCompensation
Jason HynsonExecutive Di$83,968

Compensation data as of: 6/30/2020


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 12/27/2020. To update the information below, please email: info@ministrywatch.com


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