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
Transparency grade
A
To understand our transparency grade, click here.
Financial efficiency ratings
Sector: Rescue Missions/Homeless Shelters
| Category | Rating | Overall rank | Sector rank |
| Overall efficiency rating | | 1058 of 1123 | 134 of 138 |
| Fund acquisition rating | | 987 of 1124 | 128 of 138 |
| Resource allocation rating | | 1045 of 1124 | 129 of 138 |
| Asset utilization rating | | 768 of 1123 | 108 of 138 |
Financial ratios
| Funding ratios | Sector median | 2024 | 2023 | 2022 | 2021 | 2020 |
Return on fundraising efforts Return on fundraising efforts = Fundraising expense / Total contributions | 12% | 23% | 20% | 20% | 16% | 15% |
Fundraising cost ratio Fundraising cost ratio = Fundraising expense / Total revenue | 10% | 22% | 20% | 20% | 16% | 14% |
Contributions reliance Contributions reliance = Total contributions / Total revenue | 92% | 94% | 97% | 101% | 100% | 94% |
Fundraising expense ratio Fundraising expense ratio = Fundraising expense / Total expenses | 11% | 21% | 24% | 25% | 32% | 26% |
Other revenue reliance Other revenue reliance = Total other revenue / Total revenue | 8% | 6% | 3% | -1% | 0% | 6% |
| Operating ratios | Sector median | 2024 | 2023 | 2022 | 2021 | 2020 |
Program expense ratio Program expense ratio = Program services / Total expenses | 80% | 66% | 64% | 64% | 58% | 61% |
Spending ratio Spending ratio = Total expenses / Total revenue | 95% | 102% | 80% | 80% | 51% | 53% |
Program output ratio Program output ratio = Program services / Total revenue | 75% | 68% | 51% | 51% | 29% | 33% |
Savings ratio Savings ratio = Surplus (deficit) / Total revenue | 5% | -2% | 20% | 20% | 49% | 47% |
Reserve accumulation rate Reserve accumulation rate = Surplus (deficit) / Net assets | 5% | -1% | 8% | 8% | 26% | 29% |
General and admin ratio General and admin ratio = Management and general expense / Total expenses | 9% | 12% | 12% | 11% | 11% | 13% |
| Investing ratios | Sector median | 2024 | 2023 | 2022 | 2021 | 2020 |
Total asset turnover Total asset turnover = Total expenses / Total assets | 0.53 | 0.32 | 0.31 | 0.32 | 0.26 | 0.33 |
Degree of long-term investment Degree of long-term investment = Total assets / Total current assets | 2.95 | 2.64 | 2.85 | 3.80 | 4.83 | 1.73 |
Current asset turnover Current asset turnover = Total expenses / Total current assets | 1.75 | 0.84 | 0.89 | 1.23 | 1.26 | 0.56 |
| Liquidity ratios | Sector median | 2024 | 2023 | 2022 | 2021 | 2020 |
Current ratio Current ratio = Total current assets / Total current liabilities | 13.50 | 25.02 | 58.14 | 94.13 | 4.90 | 35.88 |
Current liabilities ratio Current liabilities ratio = Total current liabilities / Total current assets | 0.07 | 0.04 | 0.02 | 0.01 | 0.20 | 0.03 |
Liquid reserve level Liquid reserve level = (Total current assets - Total current liabilities) / (Total expenses / 12) | 6.33 | 13.69 | 13.29 | 9.68 | 7.58 | 20.69 |
| Solvency ratios | Sector median | 2024 | 2023 | 2022 | 2021 | 2020 |
Liabilities ratio Liabilities ratio = Total liabilities / Total assets | 9% | 2% | 1% | 1% | 4% | 2% |
Debt ratio Debt ratio = Debt / Total assets | 0% | 0% | 0% | 0% | 0% | 0% |
Reserve coverage ratio Reserve coverage ratio = Net assets / Total expenses | 154% | 308% | 318% | 308% | 367% | 301% |
Financials
| Balance sheet | |||||
| Assets | 2024 | 2023 | 2022 | 2021 | 2020 |
| Cash | $2,281,152 | $2,572,889 | $2,633,828 | $1,874,714 | $3,337,687 |
| Receivables, inventories, prepaids | $413,323 | $405,991 | $106,192 | $173,564 | $758,467 |
| Short-term investments | $1,744,680 | $1,005,810 | $0 | $0 | $0 |
| Other current assets | $0 | $0 | $0 | $0 | $0 |
| Total current assets | $4,439,155 | $3,984,690 | $2,740,020 | $2,048,278 | $4,096,154 |
| Long-term investments | $0 | $0 | $0 | $0 | $0 |
| Fixed assets | $7,135,279 | $7,342,820 | $7,672,311 | $7,832,071 | $2,973,876 |
| Other long-term assets | $152,390 | $46,768 | $9,395 | $9,395 | $9,395 |
| Total long-term assets | $7,287,669 | $7,389,588 | $7,681,706 | $7,841,466 | $2,983,271 |
| Total assets | $11,726,824 | $11,374,278 | $10,421,726 | $9,889,744 | $7,079,425 |
| Liabilities | 2024 | 2023 | 2022 | 2021 | 2020 |
| Payables and accrued expenses | $177,392 | $68,541 | $29,108 | $417,602 | $114,147 |
| Other current liabilities | $0 | $0 | $0 | $0 | $0 |
| Total current liabilities | $177,392 | $68,541 | $29,108 | $417,602 | $114,147 |
| Debt | $29,585 | $19,948 | $29,836 | $4,406 | $12,666 |
| Due to (from) affiliates | $0 | $0 | $0 | $0 | $0 |
| Other long-term liabilities | $6,884 | $21,142 | $0 | $0 | $0 |
| Total long-term liabilities | $36,469 | $41,090 | $29,836 | $4,406 | $12,666 |
| Total liabilities | $213,861 | $109,631 | $58,944 | $422,008 | $126,813 |
| Net assets | 2024 | 2023 | 2022 | 2021 | 2020 |
| Without donor restrictions | $11,466,633 | $11,224,956 | $10,300,434 | $9,392,035 | $5,588,262 |
| With donor restrictions | $46,330 | $39,691 | $62,348 | $75,701 | $1,364,350 |
| Net assets | $11,512,963 | $11,264,647 | $10,362,782 | $9,467,736 | $6,952,612 |
| Revenues and expenses | |||||
| Revenue | 2024 | 2023 | 2022 | 2021 | 2020 |
| Total contributions | $3,424,647 | $4,266,342 | $4,260,595 | $5,071,825 | $4,050,637 |
| Program service revenue | $0 | $0 | $0 | $0 | $0 |
| Membership dues | $0 | $0 | $0 | $0 | $0 |
| Investment income | $171,884 | $97,376 | ($85,836) | $4,255 | $35,938 |
| Other revenue | $65,391 | $39,306 | $48,331 | $12,769 | $234,901 |
| Total other revenue | $237,275 | $136,682 | ($37,505) | $17,024 | $270,839 |
| Total revenue | $3,661,922 | $4,403,024 | $4,223,090 | $5,088,849 | $4,321,476 |
| Expenses | 2024 | 2023 | 2022 | 2021 | 2020 |
| Program services | $2,481,229 | $2,255,347 | $2,138,131 | $1,490,119 | $1,409,025 |
| Management and general | $452,500 | $416,135 | $383,241 | $273,241 | $297,765 |
| Fundraising | $801,405 | $865,338 | $839,877 | $817,395 | $602,956 |
| Total expenses | $3,735,134 | $3,536,820 | $3,361,249 | $2,580,755 | $2,309,746 |
| Change in net assets | 2024 | 2023 | 2022 | 2021 | 2020 |
| Surplus (deficit) | ($73,212) | $866,204 | $861,841 | $2,508,094 | $2,011,730 |
| Other changes in net assets | $0 | $0 | $0 | $0 | $0 |
| Total change in net assets | ($73,212) | $866,204 | $861,841 | $2,508,094 | $2,011,730 |
Compensation
| Name | Title | Compensation |
| John Muckridge | Mission President/CEO | $103,210 |
Compensation data as of: 9/30/2024
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