Rescue Mission of Mahoning Valley

The information on this page was last updated 11/17/2023. 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

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Transparency grade

A

To understand our transparency grade, click here.


Financial efficiency ratings

Sector: Rescue Missions/Homeless Shelters

CategoryRatingOverall rankSector rank
Overall efficiency rating1059 of 1113138 of 141
Fund acquisition rating924 of 1114129 of 141
Resource allocation rating1049 of 1114132 of 141
Asset utilization rating819 of 1113116 of 141

Financial ratios

Funding ratiosSector median20232022202120202019
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
12%20%20%16%15%15%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
10%20%20%16%14%15%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
93%97%101%100%94%98%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
11%24%25%32%26%27%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
7%3%-1%0%6%2%
 
Operating ratiosSector median20232022202120202019
Program expense ratio Program expense ratio =
Program services /
Total expenses
78%64%64%58%61%63%
Spending ratio Spending ratio =
Total expenses /
Total revenue
90%80%80%51%53%56%
Program output ratio Program output ratio =
Program services /
Total revenue
71%51%51%29%33%35%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
10%20%20%49%47%44%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
6%8%8%26%29%36%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
9%12%11%11%13%11%
 
Investing ratiosSector median20232022202120202019
Total asset turnover Total asset turnover =
Total expenses /
Total assets
0.520.310.320.260.330.44
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
2.862.853.804.831.731.07
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
1.690.891.231.260.560.47
 
Liquidity ratiosSector median20232022202120202019
Current ratio Current ratio =
Total current assets /
Total current liabilities
13.6758.1494.134.9035.8828.25
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.070.020.010.200.030.04
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
6.4513.299.687.5820.6924.78
 
Solvency ratiosSector median20232022202120202019
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
9%1%1%4%2%4%
Debt ratio Debt ratio =
Debt /
Total assets
0%0%0%0%0%0%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
157%318%308%367%301%220%

Financials

Balance sheet
 
Assets20232022202120202019
Cash$2,572,889$2,633,828$1,874,714$3,337,687$3,897,689
Receivables, inventories, prepaids$405,991$106,192$173,564$758,467$906,013
Short-term investments$1,005,810$0$0$0$0
Other current assets$0$0$0$0$0
Total current assets$3,984,690$2,740,020$2,048,278$4,096,154$4,803,702
Long-term investments$0$0$0$0$0
Fixed assets$7,342,820$7,672,311$7,832,071$2,973,876$298,012
Other long-term assets$46,768$9,395$9,395$9,395$18,294
Total long-term assets$7,389,588$7,681,706$7,841,466$2,983,271$316,306
Total assets$11,374,278$10,421,726$9,889,744$7,079,425$5,120,008
 
Liabilities20232022202120202019
Payables and accrued expenses$68,541$29,108$417,602$114,147$170,033
Other current liabilities$0$0$0$0$0
Total current liabilities$68,541$29,108$417,602$114,147$170,033
Debt$19,948$29,836$4,406$12,666$11,675
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$21,142$0$0$0$0
Total long-term liabilities$41,090$29,836$4,406$12,666$11,675
Total liabilities$109,631$58,944$422,008$126,813$181,708
 
Net assets20232022202120202019
Without donor restrictions$11,224,956$10,300,434$9,392,035$5,588,262$2,158,102
With donor restrictions$39,691$62,348$75,701$1,364,350$2,780,198
Net assets$11,264,647$10,362,782$9,467,736$6,952,612$4,938,300
 
Revenues and expenses
 
Revenue20232022202120202019
Total contributions$4,266,342$4,260,595$5,071,825$4,050,637$3,943,220
Program service revenue$0$0$0$0$0
Membership dues$0$0$0$0$0
Investment income$97,376($85,836)$4,255$35,938$29,746
Other revenue$39,306$48,331$12,769$234,901$47,969
Total other revenue$136,682($37,505)$17,024$270,839$77,715
Total revenue$4,403,024$4,223,090$5,088,849$4,321,476$4,020,935
 
Expenses20232022202120202019
Program services$2,255,347$2,138,131$1,490,119$1,409,025$1,407,700
Management and general$416,135$383,241$273,241$297,765$236,340
Fundraising$865,338$839,877$817,395$602,956$599,715
Total expenses$3,536,820$3,361,249$2,580,755$2,309,746$2,243,755
 
Change in net assets20232022202120202019
Surplus (deficit)$866,204$861,841$2,508,094$2,011,730$1,777,180
Other changes in net assets$0$0$0$0$0
Total change in net assets$866,204$861,841$2,508,094$2,011,730$1,777,180

Compensation

NameTitleCompensation
John MuckridgeMission President/CEO$81,243

Compensation data as of: 9/30/2023


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 11/17/2023. 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


Needs