Mexican Medical, Inc.

Summary

Mexican Medical, Inc. ("MMI") was founded in 1963 by Loren Long to serve the people of Mexico by providing physical healing through medicine and spiritual healing through the Gospel of Jesus Christ. MMI stands alongside Mexican National healthcare professionals and pastors as they provide both low cost medical care and spiritual healing to their own people. In addition, MMI serve as a vehicle through which youth and adults from the United States and Canada gain a deeper awareness and appreciation of the needs of the people living in third world environments by means of a cross-cultural experience. American and Canadian physicians donate their services to help meet the needs of Mexicans. Donated medicines are given, free of charge, to patients who are unable to purchase them. MMI also assists other mission organizations by supplying medical supplies, equipment, medicine and clothing. MMI assists the national church in making the Gospel of Christ available to Mexican children. MMI also provides the opportunity to minister to residents of the dump yards in Tijuana, by passing out Bibles and sharing personal testimonies. 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:
7850 Lester Avenue
Lemon Grove, CA 91945-1945

Website: www.mexicanmedical.com

Phone: (619) 463-4777

Email: mail@mexicanmedical.com


Organization details

EIN: 956196019

CEO/President: Mr. Steve Crews

Chairman: Dr. Wayne Dickason

Board size: 14

Founder: Mr. Loren Long

Year founded: 1967

Tax deductible: Yes

Fiscal year end: 12/31

Member of ECFA: Yes

Member of ECFA since: 1988


Purpose

Mexican Medical, Inc. ("MMI") was founded in 1963 by Loren Long to serve the people of Mexico by providing physical healing through medicine and spiritual healing through the Gospel of Jesus Christ. MMI stands alongside Mexican National healthcare professionals and pastors as they provide both low cost medical care and spiritual healing to their own people. In addition, MMI serve as a vehicle through which youth and adults from the United States and Canada gain a deeper awareness and appreciation of the needs of the people living in third world environments by means of a cross-cultural experience. American and Canadian physicians donate their services to help meet the needs of Mexicans. Donated medicines are given, free of charge, to patients who are unable to purchase them. MMI also assists other mission organizations by supplying medical supplies, equipment, medicine and clothing. MMI assists the national church in making the Gospel of Christ available to Mexican children. MMI also provides the opportunity to minister to residents of the dump yards in Tijuana, by passing out Bibles and sharing personal testimonies. 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

Mexican Medical Inc.'s Purpose Statement is:

It is the purpose of Mexican Medical, Inc. to stand alongside Mexican National healthcare professionals and pastors as they provide both low cost medical care and spiritual healing to their own people.


Statement of faith

Financial efficiency ratings

Sector: Relief and Development

CategoryRatingOverall rankSector rank
Overall efficiency rating140 of 43029 of 60
Fund acquisition rating102 of 43022 of 60
Resource allocation rating57 of 43021 of 60
Asset utilization rating370 of 43053 of 60

Financial ratios

Funding ratiosMedian % for
all ministries in
MW database
20172016201520142013
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
7%3%3%3%1%1%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
6%2%3%3%0%1%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
95%87%89%98%91%88%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
6%3%3%3%0%1%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
5%13%11%2%9%12%
 
Operating ratiosMedian % for
all ministries in
MW database
20172016201520142013
Program expense ratio Program expense ratio =
Program services /
Total expenses
82%92%89%89%95%95%
Spending ratio Spending ratio =
Total expenses /
Total revenue
99%94%108%105%107%100%
Program output ratio Program output ratio =
Program services /
Total revenue
81%86%97%94%102%95%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
1%6%-8%-5%-7%0%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
3%4%-4%-2%-4%0%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
10%6%8%8%4%4%
 
Investing ratiosMedian measure
for all ministries
in MW database
20172016201520142013
Total asset turnover Total asset turnover =
Total expenses /
Total assets
1.320.540.530.500.620.64
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
1.532.733.002.822.762.63
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
2.531.461.601.411.721.69
 
Liquidity ratiosMedian measure
for all ministries
in MW database
20172016201520142013
Current ratio Current ratio =
Total current assets /
Total current liabilities
9.100.00305.650.000.0082.84
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.100.000.000.000.000.01
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
4.068.207.468.496.967.01
 
Solvency ratiosMedian % for
all ministries in
MW database
20172016201520142013
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
10%0%0%0%0%0%
Debt ratio Debt ratio =
Debt /
Total assets
0%0%0%0%0%0%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
64%187%187%199%160%154%

Financials

Balance sheet
 
Assets20172016201520142013
Cash$98,865$31,524$63,723$40,271$139,438
Receivables, inventories, prepaids$8,743$4,863$9,783$9,165$2,800
Short-term investments$647,732$634,232$647,194$712,953$696,776
Other current assets$9,877$3,032$25,277$16,192$18,779
Total current assets$765,217$673,651$745,977$778,581$857,793
Long-term investments$692,600$692,600$692,600$692,600$692,600
Fixed assets$633,611$652,075$661,510$679,974$701,461
Other long-term assets$0$0$0$0$0
Total long-term assets$1,326,211$1,344,675$1,354,110$1,372,574$1,394,061
Total assets$2,091,428$2,018,326$2,100,087$2,151,155$2,251,854
 
Liabilities20172016201520142013
Payables and accrued expenses$0$2,204$0$0$10,355
Other current liabilities$0$0$0$0$0
Total current liabilities$0$2,204$0$0$10,355
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$0$2,204$0$0$10,355
 
Net assets20172016201520142013
Unrestricted$1,970,625$1,965,915$1,998,714$2,060,721$2,123,065
Temporarily restricted$120,803$50,207$101,373$90,434$118,434
Permanently restricted$0$0$0$0$0
Net assets$2,091,428$2,016,122$2,100,087$2,151,155$2,241,499
 
Revenues and expenses
 
Revenue20172016201520142013
Total contributions$1,041,131$888,024$982,902$1,140,516$1,284,549
Program service revenue$0$0$0$0$0
Membership dues$0$0$0$0$0
Investment income$91,463$57,957($29,548)$61,809$120,575
Other revenue$62,200$49,500$49,500$49,500$48,288
Total other revenue$153,663$107,457$19,952$111,309$168,863
Total revenue$1,194,794$995,481$1,002,854$1,251,825$1,453,412
 
Expenses20172016201520142013
Program services$1,025,341$963,864$938,405$1,277,096$1,381,951
Management and general$64,329$84,597$87,871$59,045$56,486
Fundraising$29,818$30,985$27,646$6,028$12,492
Total expenses$1,119,488$1,079,446$1,053,922$1,342,169$1,450,929
 
Change in net assets20172016201520142013
Surplus (deficit)$75,306($83,965)($51,068)($90,344)$2,483
Other changes in net assets$0$0$0$0$0
Total change in net assets$75,306($83,965)($51,068)($90,344)$2,483

Response from ministry

No response has been provided by this ministry.


History


Program accomplishments

Mexican Medical Inc. communicates the following accomplishments:

"Among MMI's recent accomplishments were providing treatment for more than 45,000 patients, performing 1,600 major surgeries and presenting the Gospel to an estimated 55,000 people."


Needs