The Mustard Seed, Inc.

Summary

The Mustard Seed, Inc. ("TMS") is an interdenominational, international, evangelical Christian missions organization, established in 1948. For over fifty years faithful supporters of TMS have sown seeds of hope through the wide range of evangelistic outreach ministries the organization sponsors across Southeast Asia. These include: orphanage/children's homes, christian schools (kindergarten through high school), vocational training, medical clinics, hospitals, Bible colleges, theological institutes, churches and as needed relief efforts. All TMS missions are staffed by indigenous Christian personnel and cross-cultural missionary families. The essence of TMS is best express in the following statement by the Founder:

"Our purpose: to present Christ to all we meet, to heal disease and all manner of suffering and to love sincerely and deeply those people whose lives we are privileged to touch." (Lillian Dickson (1901-1983)

This organization is a nonprofit. Contributions to it are fully tax deductible to the extent allowed by law. It is a member of the Evangelical Council for Financial Accountability (ECFA).


Contact information

Mailing address:
P.O. Box 20188
Charleston, SC 29413-0188

Website: www.mustardseed.org

Phone: (843) 388-9314

Email: info@mustardseed.org


Organization details

EIN: 952053950

CEO/President: Mr. William N. Deans

Chairman: Mr. Don Richardson

Board size: 11

Founder: Ms. Lilian Dickson

Year founded: 1948

Tax deductible: Yes

Fiscal year end: 06/30

Member of ECFA: Yes

Member of ECFA since: 1993


Purpose

The Mustard Seed, Inc. ("TMS") is an interdenominational, international, evangelical Christian missions organization, established in 1948. For over fifty years faithful supporters of TMS have sown seeds of hope through the wide range of evangelistic outreach ministries the organization sponsors across Southeast Asia. These include: orphanage/children's homes, christian schools (kindergarten through high school), vocational training, medical clinics, hospitals, Bible colleges, theological institutes, churches and as needed relief efforts. All TMS missions are staffed by indigenous Christian personnel and cross-cultural missionary families. The essence of TMS is best express in the following statement by the Founder:

"Our purpose: to present Christ to all we meet, to heal disease and all manner of suffering and to love sincerely and deeply those people whose lives we are privileged to touch." (Lillian Dickson (1901-1983)

This organization is a nonprofit. Contributions to it are fully tax deductible to the extent allowed by law. It is a member of the Evangelical Council for Financial Accountability (ECFA).


Mission statement

TMS uses the following to express its Mission Statement:

"To present Christ as Savior to all we meet, to heal disease and all manner of suffering and to love sincerely and deeply those people whose lives we are privileged to touch."


Statement of faith

Financial efficiency ratings

Sector: Evangelism Support

CategoryRatingOverall rankSector rank
Overall efficiency rating224 of 43024 of 44
Fund acquisition rating159 of 43021 of 44
Resource allocation rating264 of 43028 of 44
Asset utilization rating251 of 43024 of 44

Financial ratios

Funding ratiosMedian % for
all ministries in
MW database
20152014201320122011
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
7%5%4%3%2%2%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
6%5%3%3%2%2%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
95%100%94%97%100%94%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
6%7%4%2%1%2%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
5%0%6%3%0%6%
 
Operating ratiosMedian % for
all ministries in
MW database
20152014201320122011
Program expense ratio Program expense ratio =
Program services /
Total expenses
83%80%91%90%90%86%
Spending ratio Spending ratio =
Total expenses /
Total revenue
99%70%95%132%127%85%
Program output ratio Program output ratio =
Program services /
Total revenue
81%56%86%119%114%73%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
1%30%5%-32%-27%15%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
3%54%13%-84%-83%35%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
10%13%6%7%9%12%
 
Investing ratiosMedian measure
for all ministries
in MW database
20152014201320122011
Total asset turnover Total asset turnover =
Total expenses /
Total assets
1.320.961.512.263.051.62
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
1.531.211.521.561.261.19
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
2.531.172.303.523.841.94
 
Liquidity ratiosMedian measure
for all ministries
in MW database
20152014201320122011
Current ratio Current ratio =
Total current assets /
Total current liabilities
9.0974.4842.78426.980.000.00
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.100.010.020.000.000.00
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
4.0710.165.093.403.126.19
 
Solvency ratiosMedian % for
all ministries in
MW database
20152014201320122011
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
10%25%35%34%23%15%
Debt ratio Debt ratio =
Debt /
Total assets
0%0%0%0%0%0%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
63%78%43%29%25%52%

Financials

Balance sheet
 
Assets20152014201320122011
Cash$222,099$59,082$38,351$40,225$60,025
Receivables, inventories, prepaids$19,735$0$0$0$0
Short-term investments$81,394$77,760$77,361$182,753$331,475
Other current assets$0$0$0$0$0
Total current assets$323,228$136,842$115,712$222,978$391,500
Long-term investments$67,439$71,641$64,261$0$0
Fixed assets$0$0$0$5,627$5,654
Other long-term assets$0$0$0$52,574$70,211
Total long-term assets$67,439$71,641$64,261$58,201$75,865
Total assets$390,667$208,483$179,973$281,179$467,365
 
Liabilities20152014201320122011
Payables and accrued expenses$4,340$3,199$271$0$0
Other current liabilities$0$0$0$0$0
Total current liabilities$4,340$3,199$271$0$0
Debt$0$0$0$0$0
Due to (from) affiliates$25,395$0$0$0$0
Other long-term liabilities$66,517$70,048$61,511$64,026$69,192
Total long-term liabilities$91,912$70,048$61,511$64,026$69,192
Total liabilities$96,252$73,247$61,782$64,026$69,192
 
Net assets20152014201320122011
Unrestricted$281,834$113,249$53,978$133,267$344,747
Temporarily restricted$12,581$21,987$64,213$83,886$53,426
Permanently restricted$0$0$0$0$0
Net assets$294,415$135,236$118,191$217,153$398,173
 
Revenues and expenses
 
Revenue20152014201320122011
Total contributions$534,960$311,126$298,293$678,218$846,805
Program service revenue$0$0$0$0$0
Membership dues$0$0$0$0$0
Investment income$979$28,975$13,313$1,111$54,223
Other revenue$0($8,120)($3,468)($4,076)($4,463)
Total other revenue$979$20,855$9,845($2,965)$49,760
Total revenue$535,939$331,981$308,138$675,253$896,565
 
Expenses20152014201320122011
Program services$300,044$285,517$368,047$769,247$656,187
Management and general$48,463$18,166$29,141$75,765$88,209
Fundraising$28,253$11,253$9,912$11,261$14,369
Total expenses$376,760$314,936$407,100$856,273$758,765
 
Change in net assets20152014201320122011
Surplus (deficit)$159,179$17,045($98,962)($181,020)$137,800
Other changes in net assets$0$0$0$0$0
Total change in net assets$159,179$17,045($98,962)($181,020)$137,800

Response from ministry

No response has been provided by this ministry.


History

Mustard Seed can trace its roots to founder Lilian Dickson's (1901-1983) work in Taiwan just after World War II.


Program accomplishments


Needs

The Mustard Seed has communicated the following needs for 2003:

The Mustard Seed needs your prayers and financial support as they undertake a major effort to provide more adequate classrooms, housing, medical and worship facilities to meet the needs of the children and adults that the Lord has placed in their path.

The day to day operations of The Mustard Seed - USA office are moving to our new location in Charleston, South Carolina. Your use of the Charleston address will be helpful in processing requests and contributions.