MissionGO
The information on this page was last updated 3/1/2024. If you see errors or omissions, please email: [email protected]
Summary
MissionGO encourages and serves missionaries who are called by the Holy Spirit to serve the Lord as He leads them.
Contact information
Mailing address:
MissionGO
PO Box 2010
Buffalo, NY 14231
Website: missiongo.org
Phone: 888-900-5048
Email: missiongo.org/contact
Organization details
EIN: 231401559
CEO/President: Dr. Brian Albrecht
Chairman: Matthew Herdzik
Board size: 9
Founder:
Ruling year: 1951
Tax deductible: Yes
Fiscal year end: 08/31
Member of ECFA: Yes
Member of ECFA since: 2011
Purpose
MissionGO takes the Good News of Jesus Christ to all people. We seek for everyone to know and experience His life-changing work.
MissionGO encourages and serves missionaries who are called by the Holy Spirit to serve the Lord as He leads them.
Mission statement
Evangelical in every way, MissionGO (Global Outreach Mission) is committed to spreading the Gospel of the grace of God as revealed in the Word of God. We enjoy fellowship with Christians of like faith and cross many denominational lines for the primary objective of winning souls for Jesus Christ.
Statement of faith
We believe the Holy Scriptures of the Old and New Testaments to be the verbally inspired Word of God, the final authority for faith and life, inerrant in the original writings, infallible and God-breathed.
We believe there is one God, eternally existent in three persons: Father, Son, and Holy Spirit.
We believe in the deity of our Lord Jesus Christ who became man without ceasing to be God, in His virgin birth, in His sinless life, in His miracles, in His vicarious and atoning death through His shed blood, in His bodily resurrection, in His ascension to the right hand of the Father, and in His personal return in power and glory.
We believe all men have sinned and come short of the glory of God. We believe salvation is the gift of God brought to man by grace and received by personal faith in the Lord Jesus Christ, whose precious blood was shed on Calvary for the forgiveness of our sins.
We believe in the present ministry of the Holy Spirit by whose indwelling the Christian is enabled to live a godly life.
We believe the Church, which is the body and bride of Christ, is a spiritual organism made up of all born-again persons of the present age. We believe in the establishment and continuance of local churches for worship, edification, and fellowship.
We believe it is the obligation of the saved to witness by life and by word the truths of Holy Scripture and to seek to proclaim the Gospel to all mankind.
We believe in the resurrection of both the saved and the lost; they that are saved unto the resurrection of life and they that are lost unto the resurrection of damnation.
We believe that God has established marriage as a lifelong, exclusive relationship between one man and one woman and that all intimate sexual activity outside this Biblical definition of the marriage relationship, whether heterosexual, homosexual or otherwise is immoral and therefore sin. (Gen. 2:24; Ex. 20:14,17, 22:19; Lev. 18:22-23, 20:13, 15-16: Mt. 19: 4-6, 9, Rom. 1:18-31; 1 Cor. 6:9-10, 15-20; 1 Tim. 1:8-8-11; Jude 7). We believe that God created the human race male and female and that all conduct with the intent to adopt a gender other than one's birth is immoral and therefore sin (Gen. 1:27, Deut. 22:5).
We believe that every person must be afforded compassion, love, kindness, respect, and dignity (Mark 12:28-31, Luke 6:31). Hateful and harassing behavior or attitudes directed toward any individual are to be repudiated and are not in accord with the Scripture nor the doctrines of MissionGO.
Donor confidence score
Show donor confidence score detailsTransparency grade
A
To understand our transparency grade, click here.
Financial efficiency ratings
Sector: Foreign Missions
Category | Rating | Overall rank | Sector rank |
Overall efficiency rating | 450 of 1115 | 54 of 141 | |
Fund acquisition rating | 131 of 1116 | 21 of 141 | |
Resource allocation rating | 1008 of 1116 | 128 of 141 | |
Asset utilization rating | 348 of 1115 | 38 of 141 |
Financial ratios
Funding ratios | Sector median | 2023 | 2022 | 2021 | 2020 | 2019 |
Return on fundraising efforts Return on fundraising efforts = Fundraising expense / Total contributions | 6% | 1% | 1% | 1% | 2% | 2% |
Fundraising cost ratio Fundraising cost ratio = Fundraising expense / Total revenue | 5% | 1% | 1% | 1% | 2% | 2% |
Contributions reliance Contributions reliance = Total contributions / Total revenue | 98% | 97% | 98% | 95% | 99% | 98% |
Fundraising expense ratio Fundraising expense ratio = Fundraising expense / Total expenses | 5% | 1% | 1% | 1% | 2% | 2% |
Other revenue reliance Other revenue reliance = Total other revenue / Total revenue | 2% | 3% | 2% | 5% | 1% | 2% |
Operating ratios | Sector median | 2023 | 2022 | 2021 | 2020 | 2019 |
Program expense ratio Program expense ratio = Program services / Total expenses | 84% | 74% | 72% | 73% | 70% | 73% |
Spending ratio Spending ratio = Total expenses / Total revenue | 99% | 107% | 95% | 90% | 106% | 102% |
Program output ratio Program output ratio = Program services / Total revenue | 84% | 80% | 69% | 66% | 74% | 74% |
Savings ratio Savings ratio = Surplus (deficit) / Total revenue | 1% | -7% | 5% | 10% | -6% | -2% |
Reserve accumulation rate Reserve accumulation rate = Surplus (deficit) / Net assets | 2% | -14% | 9% | 17% | -10% | -4% |
General and admin ratio General and admin ratio = Management and general expense / Total expenses | 9% | 25% | 26% | 26% | 28% | 26% |
Investing ratios | Sector median | 2023 | 2022 | 2021 | 2020 | 2019 |
Total asset turnover Total asset turnover = Total expenses / Total assets | 1.34 | 2.15 | 1.64 | 1.55 | 1.63 | 1.76 |
Degree of long-term investment Degree of long-term investment = Total assets / Total current assets | 1.26 | 1.15 | 1.12 | 1.14 | 1.17 | 1.20 |
Current asset turnover Current asset turnover = Total expenses / Total current assets | 2.20 | 2.47 | 1.84 | 1.76 | 1.91 | 2.10 |
Liquidity ratios | Sector median | 2023 | 2022 | 2021 | 2020 | 2019 |
Current ratio Current ratio = Total current assets / Total current liabilities | 18.04 | 52.00 | 116.56 | 75.82 | 110.57 | 51.12 |
Current liabilities ratio Current liabilities ratio = Total current liabilities / Total current assets | 0.05 | 0.02 | 0.01 | 0.01 | 0.01 | 0.02 |
Liquid reserve level Liquid reserve level = (Total current assets - Total current liabilities) / (Total expenses / 12) | 5.10 | 4.76 | 6.46 | 6.73 | 6.23 | 5.60 |
Solvency ratios | Sector median | 2023 | 2022 | 2021 | 2020 | 2019 |
Liabilities ratio Liabilities ratio = Total liabilities / Total assets | 7% | 2% | 1% | 1% | 12% | 2% |
Debt ratio Debt ratio = Debt / Total assets | 0% | 0% | 0% | 0% | 11% | 0% |
Reserve coverage ratio Reserve coverage ratio = Net assets / Total expenses | 68% | 46% | 60% | 64% | 54% | 56% |
Financials
Balance sheet | |||||
Assets | 2023 | 2022 | 2021 | 2020 | 2019 |
Cash | $1,443,811 | $1,962,810 | $1,852,354 | $1,895,835 | $1,559,084 |
Receivables, inventories, prepaids | $14,447 | $2,958 | $2,138 | $7,720 | $287,980 |
Short-term investments | $757,446 | $587,030 | $556,948 | $201,671 | $186,735 |
Other current assets | $0 | $0 | $0 | $0 | $0 |
Total current assets | $2,215,704 | $2,552,798 | $2,411,440 | $2,105,226 | $2,033,799 |
Long-term investments | $0 | $0 | $0 | $0 | $0 |
Fixed assets | $314,649 | $282,679 | $301,923 | $323,461 | $347,837 |
Other long-term assets | $13,000 | $22,600 | $26,400 | $40,400 | $50,000 |
Total long-term assets | $327,649 | $305,279 | $328,323 | $363,861 | $397,837 |
Total assets | $2,543,353 | $2,858,077 | $2,739,763 | $2,469,087 | $2,431,636 |
Liabilities | 2023 | 2022 | 2021 | 2020 | 2019 |
Payables and accrued expenses | $42,609 | $21,902 | $31,804 | $19,040 | $39,783 |
Other current liabilities | $0 | $0 | $0 | $0 | $0 |
Total current liabilities | $42,609 | $21,902 | $31,804 | $19,040 | $39,783 |
Debt | $0 | $0 | $0 | $274,600 | $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 | $274,600 | $0 |
Total liabilities | $42,609 | $21,902 | $31,804 | $293,640 | $39,783 |
Net assets | 2023 | 2022 | 2021 | 2020 | 2019 |
Without donor restrictions | $2,325,744 | $2,661,175 | $2,532,959 | $2,000,447 | $2,216,853 |
With donor restrictions | $175,000 | $175,000 | $175,000 | $175,000 | $175,000 |
Net assets | $2,500,744 | $2,836,175 | $2,707,959 | $2,175,447 | $2,391,853 |
Revenues and expenses | |||||
Revenue | 2023 | 2022 | 2021 | 2020 | 2019 |
Total contributions | $4,969,789 | $4,865,107 | $4,466,433 | $3,774,722 | $4,088,631 |
Program service revenue | $0 | $0 | $0 | $0 | $0 |
Membership dues | $0 | $0 | $0 | $0 | $0 |
Investment income | $56,227 | $28,406 | $210,011 | $17,207 | ($1,902) |
Other revenue | $85,314 | $51,799 | $35,513 | $7,582 | $82,775 |
Total other revenue | $141,541 | $80,205 | $245,524 | $24,789 | $80,873 |
Total revenue | $5,111,330 | $4,945,312 | $4,711,957 | $3,799,511 | $4,169,504 |
Expenses | 2023 | 2022 | 2021 | 2020 | 2019 |
Program services | $4,068,011 | $3,402,676 | $3,101,179 | $2,815,664 | $3,098,444 |
Management and general | $1,355,048 | $1,235,463 | $1,094,097 | $1,139,128 | $1,093,838 |
Fundraising | $49,882 | $62,216 | $50,591 | $61,125 | $78,905 |
Total expenses | $5,472,941 | $4,700,355 | $4,245,867 | $4,015,917 | $4,271,187 |
Change in net assets | 2023 | 2022 | 2021 | 2020 | 2019 |
Surplus (deficit) | ($361,611) | $244,957 | $466,090 | ($216,406) | ($101,683) |
Other changes in net assets | $0 | $0 | $0 | $0 | $0 |
Total change in net assets | ($361,611) | $244,957 | $466,090 | ($216,406) | ($101,683) |
Compensation
Name | Title | Compensation |
Dr Brian Albrecht | President | $147,397 |
Mr Matthew Herdzik Jr | Chairman of the Board | $6,000 |
Compensation data as of: 8/31/2023
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 3/1/2024. To update the information below, please email: [email protected]