Open Door Mission

The information in this column was provided to MinistryWatch by the ministry itself. It was last updated 12/16/2020. To update the information in this column, please email: info@ministrywatch.com


Summary

Daily, Open Door Mission offers 917 safe shelter beds to those experiencing homelessness, serves over 4,747 meals to feed the hungry and empowers more than 1,000 people living in poverty to remain in their own homes through homeless prevention resources.


Contact information

Mailing address:
Open Door Mission
PO Box 8340
Omaha, NE 68108

Website: opendoormission.org

Phone: (402) 422-1111

Email: odm@opendoormission.org


Organization details

EIN: 470411375

CEO/President: Candace L Gregory

Chairman: Kelly Loneman and George Akers

Board size: 13

Founder: Garland Thompson

Year founded: 1957

Tax deductible: Yes

Fiscal year end: 03/31

Member of ECFA: Yes

Member of ECFA since: 1995


Purpose

Open Door Mission is a Gospel Rescue Mission breaking the cycle of homelessness and poverty.


Mission statement

Open Door Mission is a Gospel Rescue Mission that meets the needs of individuals and families while inspiring HOPE for lasting change.


Statement of faith

Transparency grade

A

To understand our transparency grade, click here.


Financial efficiency ratings

Sector: Rescue Missions/Homeless Shelters

CategoryRatingOverall rankSector rank
Overall efficiency rating36 of 9405 of 160
Fund acquisition rating243 of 94236 of 160
Resource allocation rating58 of 94211 of 160
Asset utilization rating52 of 9409 of 160

Financial ratios

Funding ratiosSector median20202019201820172016
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
10%6%5%6%6%7%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
8%6%5%6%5%7%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
91%97%97%97%98%98%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
10%6%5%6%5%6%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
9%3%3%3%2%2%
 
Operating ratiosSector median20202019201820172016
Program expense ratio Program expense ratio =
Program services /
Total expenses
80%90%91%90%91%90%
Spending ratio Spending ratio =
Total expenses /
Total revenue
95%96%101%99%100%101%
Program output ratio Program output ratio =
Program services /
Total revenue
75%86%92%89%91%91%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
5%4%-1%1%0%-1%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
4%10%-2%2%1%-2%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
9%4%4%4%4%3%
 
Investing ratiosSector median20202019201820172016
Total asset turnover Total asset turnover =
Total expenses /
Total assets
0.581.992.442.322.722.57
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
3.763.975.505.175.346.16
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
2.247.8813.4111.9814.5315.84
 
Liquidity ratiosSector median20202019201820172016
Current ratio Current ratio =
Total current assets /
Total current liabilities
10.145.253.753.354.033.29
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.080.190.270.300.250.30
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
4.451.230.660.700.620.53
 
Solvency ratiosSector median20202019201820172016
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
10%10%11%11%13%14%
Debt ratio Debt ratio =
Debt /
Total assets
1%5%5%5%7%8%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
141%45%37%38%32%33%

Financials

Balance sheet
 
Assets20202019201820172016
Cash$2,347,121$1,580,560$963,439$1,277,970$355,724
Receivables, inventories, prepaids$541,810$674,655$1,511,797$1,100,158$877,333
Short-term investments$544,000$0$0$0$826,657
Other current assets$0$0$0$0$0
Total current assets$3,432,931$2,255,215$2,475,236$2,378,128$2,059,714
Long-term investments$0$0$0$0$0
Fixed assets$6,447,169$6,504,825$6,756,668$6,843,745$7,220,304
Other long-term assets$3,737,877$3,637,064$3,566,035$3,474,054$3,413,949
Total long-term assets$10,185,046$10,141,889$10,322,703$10,317,799$10,634,253
Total assets$13,617,977$12,397,104$12,797,939$12,695,927$12,693,967
 
Liabilities20202019201820172016
Payables and accrued expenses$582,241$495,023$601,307$590,767$626,861
Other current liabilities$71,922$106,687$137,743$0$0
Total current liabilities$654,163$601,710$739,050$590,767$626,861
Debt$632,621$643,778$659,001$930,867$1,062,911
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$41,998$59,567$67,066$79,446$90,934
Total long-term liabilities$674,619$703,345$726,067$1,010,313$1,153,845
Total liabilities$1,328,782$1,305,055$1,465,117$1,601,080$1,780,706
 
Net assets20202019201820172016
Without donor restrictions$12,217,809$11,011,038$11,250,875$10,968,813$10,792,099
With donor restrictions$71,386$81,011$81,947$126,034$121,162
Net assets$12,289,195$11,092,049$11,332,822$11,094,847$10,913,261
 
Revenues and expenses
 
Revenue20202019201820172016
Total contributions$27,278,221$29,197,169$29,089,274$33,954,288$31,702,796
Program service revenue$0$0$0$0$0
Membership dues$0$0$0$0$0
Investment income$350,804$315,386$355,888$21,711$158,506
Other revenue$616,012$481,242$444,482$669,133$588,991
Total other revenue$966,816$796,628$800,370$690,844$747,497
Total revenue$28,245,037$29,993,797$29,889,644$34,645,132$32,450,293
 
Expenses20202019201820172016
Program services$24,401,849$27,554,660$26,711,435$31,375,534$29,391,758
Management and general$1,016,413$1,079,977$1,262,740$1,280,006$1,113,508
Fundraising$1,639,449$1,599,932$1,677,494$1,894,255$2,117,604
Total expenses$27,057,711$30,234,569$29,651,669$34,549,795$32,622,870
 
Change in net assets20202019201820172016
Surplus (deficit)$1,187,326($240,772)$237,975$95,337($172,577)
Other changes in net assets$0$0$0$0$0
Total change in net assets$1,187,326($240,772)$237,975$95,337($172,577)

Compensation

NameTitleCompensation
Candace GregoryPresident & CEO$259,670
Michael JohnsonCFO$166,043

Compensation data as of: 3/31/2020


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 12/16/2020. To update the information below, please email: info@ministrywatch.com


History

In 1954, thousands of men swarmed the city of Omaha searching for work on the city's 10 railroads. They congregated in bars and slept in flophouses. Garland Thompson, a student at the Omaha Bible Institute, wanted to reach out to these men with Christ's love and compassion. Fueled by faith, guided by his vision for an evangelical mission, and assisted by Pastor Jerry Dunn and a group of Christian businessmen, Thompson unveiled Open Door Mission in the Ballenger Building at 13th and Douglas Streets on November 1, 1954. When the owner of the building at 13th and Douglas Streets decided to sell it in 1955, Thompson and Pastor Dunn prayed that God would give them another space. A building at 13th and Howard was perfect, but the owners did not want to rent it for a mission. God intervened, and the Open Door Mission moved to 422 South 13th Street. This building was 20 times larger than Open Door Mission's original building and perfect for its needs. Eventually we purchased this building. Over the next 30 years, Open Door Mission continued to offer food, shelter and rehabilitation programs to homeless men and those with alcohol addictions. It also provided medical and dental care, and a Bible-based discipleship program helped changed lives. Open Door Mission continued to receive support from the community, including citizens like Bob Cornett, the leading bondsman of Omaha and Douglas County, and the Eppley Foundation. As Open Door Mission expanded, it experienced severe growing pains and serious setbacks in leadership. When Thompson and Dunn left their leadership positions in 1971, the successors tried to create a new secular entity. Evangelical programs were dropped and Open Door Mission's funds began to decline. Nevertheless, the ministry was preserved during this time. In 1986, Open Door Mission moved again. The City of Omaha recognized the value of our service to the community; yet in 1983, the city began implementing the Urban Renewal Plan and decided to relocate the Mission from the downtown area. We negotiated to sell our building for $1 million and the remaining money was deposited in an account to pay the bills during lean times. Open Door Mission's income dropped from $200,000 a year to $100,000 during this period. With the move to east Omaha, Open Door Mission was less visible to people in the community, and this cost us a great deal of support.

Rev. Robert O. Timberlake came on as executive director in spring 1987 and began to change that. At the time, we had three staff members - Pastor Bob and two women. There was no food pantry, no clothing program, no rehabilitation program. Pastor Bob worked untiringly to remedy this situation, and Open Door Mission's current programs - including Lydia House and family outreach - were initiated and developed under his leadership. In the 1990s, homeless families began seeking shelter at missions across the United States.In response to the need for family shelter and rehabilitation, we expanded our services to include families, and developed the New Life Recovery Program of Christian Rehabilitation. The program graduated 12 families at the beginning of 2000. Also in 2000, Open Door Mission began seeking partner organizations to provide therapeutic and educational services for Omaha's homeless. On October 1, 2001, Open Door Mission opened the Emergency Temporary Housing wing. Reconstruction of the former office area provided immediate shelter for nine homeless families. Open Door Mission's Rebuilding Lives Campaign was wrapped up with the completion of four new buildings-Lydia House (2010), Permanent Supportive Housing Complex (2011), Garland Thompson Men's Center (2012) and Rebuilding Lives Center (2012). This historic $32 million campaign was the most massive expansion in Open Door Mission's history!


Program accomplishments


Needs