Rescue Mission of Mahoning Valley

The information on this page was last updated 11/15/2022. If you see errors or omissions, please email: [email protected]


Summary

The Rescue Mission of Mahoning Valley offers food, shelter, safety and a second chance to anyone in need. The people we serve in our emergency shelter come from all walks of life and all economic backgrounds. In the last ten years, we've served over 1,300,000 meals to those in need. But this is just the beginning of our work. We offer not just help for today, but hope for tomorrow.


Contact information

Mailing address:
Rescue Mission of Mahoning Valley
1300 Martin Luther King Jr Blvd
Youngstown, OH 44510

Website: rescuemissionmv.org

Phone: (330) 744-5486

Email: [email protected]


Organization details

EIN: 346006424

CEO/President: John Muckridge III

Chairman: Ron Cohen

Board size: 6

Founder: W.J. Price

Ruling year: 1962

Tax deductible: Yes

Fiscal year end: 09/30

Member of ECFA: Yes

Member of ECFA since: 1986


Purpose

Purpose Statement: By God's grace, the Rescue Mission of the Mahoning Valley exists to proclaim the Gospel of Jesus Christ as we promote accountability and provide food and emergency shelter to men, women and children experiencing hunger and homelessness.


Mission statement

The purpose of the Rescue Mission of Mahoning Valley is to serve and glorify God through Christ-centered outreach of love and compassion that responds to the physical, emotional and spiritual needs of disadvantaged men, women and children without regard to race, color or creed.


Statement of faith

We believe that the Bible is God's Word, that it was written by men divinely inspired and that it is the supreme infallible authority in all matters of faith and conduct.

We believe in the Unity of the Godhead in which there are three persons: The Father, Son and the Holy Ghost, equal in every divine perfection and executing distinct harmonious offices in the great work of redemption.

We believe in the Holy Spirit who came forth to convince the world of sin, of righteousness, and of judgment, and to regenerate, sanctify, comfort, and instruct those who believe in Christ.

We believe in Jesus Christ, God's only begotten Son, conceived of the Holy Spirit, born of the Virgin Mary, sinless in His life, making atonement for the sin of the world by his death on the cross.

We believe in Jesus Christ, in the bodily resurrection of Christ, His ascension into Heaven, His high priestly intercession for His people, and His personal, visible return to the world according to His promises.

We believe that all men, by nature and by choice, are sinners and are saved only by Grace through Faith in the finished work of Christ upon the Cross which provides complete forgiveness of sin.

We believe that those who accept Christ as Savior shall rejoice forever with God and those who refuse will be forever separated from God in eternal torment.

Donor confidence score

Show donor confidence score details

Transparency grade

A

To understand our transparency grade, click here.


Financial efficiency ratings

Sector: Rescue Missions/Homeless Shelters

CategoryRatingOverall rankSector rank
Overall efficiency rating986 of 1022153 of 155
Fund acquisition rating814 of 1025139 of 155
Resource allocation rating945 of 1025143 of 155
Asset utilization rating883 of 1022142 of 155

Financial ratios

Funding ratiosSector median20212020201920182017
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
9%16%15%15%19%23%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
8%16%14%15%20%23%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
92%100%94%98%108%99%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
10%32%26%27%27%30%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
8%0%6%2%-8%1%
 
Operating ratiosSector median20212020201920182017
Program expense ratio Program expense ratio =
Program services /
Total expenses
79%58%61%63%64%59%
Spending ratio Spending ratio =
Total expenses /
Total revenue
85%51%53%56%75%74%
Program output ratio Program output ratio =
Program services /
Total revenue
67%29%33%35%48%44%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
15%49%47%44%25%26%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
12%26%29%36%23%33%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
9%11%13%11%10%11%
 
Investing ratiosSector median20212020201920182017
Total asset turnover Total asset turnover =
Total expenses /
Total assets
0.530.260.330.440.660.93
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
2.924.831.731.071.121.38
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
1.621.260.560.470.741.28
 
Liquidity ratiosSector median20212020201920182017
Current ratio Current ratio =
Total current assets /
Total current liabilities
14.194.9035.8828.2533.6859.24
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.070.200.030.040.030.02
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
6.107.5820.6924.7815.689.19
 
Solvency ratiosSector median20212020201920182017
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
8%4%2%4%3%2%
Debt ratio Debt ratio =
Debt /
Total assets
1%0%0%0%0%1%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
155%367%301%220%146%105%

Financials

Balance sheet
 
Assets20212020201920182017
Cash$1,874,714$3,337,687$3,897,689$2,229,677$1,252,773
Receivables, inventories, prepaids$173,564$758,467$906,013$673,810$542,349
Short-term investments$0$0$0$0$0
Other current assets$0$0$0$0$0
Total current assets$2,048,278$4,096,154$4,803,702$2,903,487$1,795,122
Long-term investments$0$0$0$0$0
Fixed assets$7,832,071$2,973,876$298,012$338,599$667,590
Other long-term assets$9,395$9,395$18,294$9,395$9,395
Total long-term assets$7,841,466$2,983,271$316,306$347,994$676,985
Total assets$9,889,744$7,079,425$5,120,008$3,251,481$2,472,107
 
Liabilities20212020201920182017
Payables and accrued expenses$417,602$114,147$170,033$86,207$30,302
Other current liabilities$0$0$0$0$0
Total current liabilities$417,602$114,147$170,033$86,207$30,302
Debt$4,406$12,666$11,675$8,964$20,719
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$0$0$0$0$0
Total long-term liabilities$4,406$12,666$11,675$8,964$20,719
Total liabilities$422,008$126,813$181,708$95,171$51,021
 
Net assets20212020201920182017
Without donor restrictions$9,392,035$5,588,262$2,158,102$1,690,183$1,547,846
With donor restrictions$75,701$1,364,350$2,780,198$1,466,127$873,240
Net assets$9,467,736$6,952,612$4,938,300$3,156,310$2,421,086
 
Revenues and expenses
 
Revenue20212020201920182017
Total contributions$5,071,825$4,050,637$3,943,220$3,120,218$3,054,730
Program service revenue$0$0$0$0$0
Membership dues$0$0$0$0$0
Investment income$4,255$35,938$29,746($289,902)$2,240
Other revenue$12,769$234,901$47,969$60,197$38,819
Total other revenue$17,024$270,839$77,715($229,705)$41,059
Total revenue$5,088,849$4,321,476$4,020,935$2,890,513$3,095,789
 
Expenses20212020201920182017
Program services$1,490,119$1,409,025$1,407,700$1,373,174$1,362,112
Management and general$273,241$297,765$236,340$205,368$242,468
Fundraising$817,395$602,956$599,715$577,547$700,278
Total expenses$2,580,755$2,309,746$2,243,755$2,156,089$2,304,858
 
Change in net assets20212020201920182017
Surplus (deficit)$2,508,094$2,011,730$1,777,180$734,424$790,931
Other changes in net assets$0$0$0$0$0
Total change in net assets$2,508,094$2,011,730$1,777,180$734,424$790,931

Compensation

NameTitleCompensation
John MuckridgeMission President/CEO$35,293

Compensation data as of: 9/30/2020


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 11/15/2022. To update the information below, please email: [email protected]


History

The Christ Mission Settlement was founded in 1893 by W.J. Price at 408 E. Federal St. in Youngstown, Ohio. Initially the ministry was a learning center for adults and underprivileged children.

In the mid-1900s, The Mission grew and began feeding and housing thousands of homeless men and women each year.

For a full timeline, visit: rescuemissionmv.org/learn/mission-history/


Program accomplishments

In Youngstown, last year your giving provided:
24,098 overnight stays
13,100 were for families
10,998 were for men


Needs