Wheeler Mission Ministries

The information in this column was provided to MinistryWatch by the ministry itself. It was last updated 2/15/2022. To update the information in this column, please email: info@ministrywatch.com


Summary

Wheeler Mission provides emergency shelter and long-term, residential programming for individuals and families facing homelessness and/or addiction. Our innovative, results-driven programs aim to address the deeper, root causes that lead men and women to homelessness. Wheeler has become the largest and most diverse ministry of its kind in the state of Indiana.


Contact information

Mailing address:
Wheeler Mission Ministries
205 E. New York St.
Indianapolis, IN 46204

Website: wheelermission.org

Phone: (317) 635-3575

Email: info@wheelermission.org


Organization details

EIN: 350888771

CEO/President: Rick A. Alvis

Chairman: Jim Fountain

Board size: 18

Founder: William V. Wheeler

Ruling year: 1942

Tax deductible: Yes

Fiscal year end: 05/31

Member of ECFA: Yes

Member of ECFA since: 1987


Purpose

To see every man, woman, and child we serve equipped to be productive citizens who enjoy lasting success in Christ.


Mission statement

To provide Christ-centered programs and services to the homeless and those in need.


Statement of faith

This statement of our faith below shall keep each of us grounded in Biblical truth so that we can lead others to a saving knowledge of the Lord Jesus Christ and correctly disciple them.

The following declarations are statements of fundamental doctrines with which all who serve Wheeler Mission, Inc. should be in agreement:

We believe in the Scripture of the Old and New Testaments as verbally inspired by God, and inerrant in the original writings, and that they are of supreme and final authority in faith and life. Ps. 1; John 1:1, 14; Rom. 2:11-22; 1 Thess. 2:13; II Tim. 3:16-17; II Peter 2:20-21; 1 John 2:1-5

We believe in one God, eternally existing in three persons: Father, Son, and Holy Spirit. Gen. 1:1-2, 26; Matt. 16:16-17; Matt. 28:18-19; John 1:1, 14; Acts 5:3-4; I Cor. 2:9-11; Phil. 2:5-11; Heb. 1:1-14

We believe that Jesus Christ was begotten by the Holy Spirit, and born of the Virgin Mary and is true God and true man. Is. 7:14; Matt. 1:18-20; John 3:17; Gal. 4:4; Phil. 2:5-11; I Tim. 2:5-6

We believe that man was created in the image of God; that he sinned, and thereby incurred, not only physical death, but also that spiritual death which is separation from God; and that all human beings are born with a sinful nature, and in the case of those who reach moral responsibility become sinners in thought, word and deed. Gen. 1: 26-27; Gen. 3:1-19; Ps. 51:5; Is. 43:7; Is. 64:6; Rom. 3:23; Rom. 5:12; I Thess. 5:23; Heb. 4:12

We believe that the Lord Jesus died for our sins according to the Scriptures, as a representative and substitutionary sacrifice; and that all who believe in Him are justified on the grounds of His shed blood. Rom. 5:8; Rom. 8:12-17; Phil. 2:9-11; Heb. 9:13-28; I John 2:2

We believe in the resurrection of the crucified body of our Lord, in His ascension into heaven, and in His present life there for us, as a High Priest and Advocate. John 1:29-36, 10:11-15; John 3:16-17; Rom. 3:25, 10:3; Rom. 5:10-11; Rom. 8:32-35; II Cor. 5:21; Phil. 2:5-11; Heb. 2:17

We believe in "that blessed hope," the personal and imminent return of our Lord and Savior, Jesus Christ. Dan. 2:44; Matt. 24:30-31; Matt. 24:36-44; John 5:28-30; Acts 1:9; I Cor. 15:50-57; I Thess. 4:13-17

We believe that all who receive by faith the Lord Jesus Christ are born again of the Holy Spirit and thereby become children of God John 3:1-16; Rom. 8:15; II Cor. 5:17; Eph. 1:3-14

We believe that Jesus Christ will personally and visibly return in glory to raise the dead and bring salvation and judgment to completion. God will fully manifest His kingdom when He establishes a new heaven and new earth, in which He will be glorified forever and exclude all evil, suffering and death. Ps. 1:5; Matt 12:36; Rom. 4:10; Rom. 6:5; 1 Cor. 4:5, 3:13-14; II Cor. 5:10; I Thess. 4:13-17; I Tim. 3:6; Heb. 9:27; Jude 1:6; Rev. 20:5-6

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 rating947 of 1022152 of 160
Fund acquisition rating790 of 1024135 of 160
Resource allocation rating819 of 1024129 of 160
Asset utilization rating846 of 1022141 of 160

Click here to read Wheeler Mission Ministries' response to our ratings


Financial ratios

Funding ratiosSector median20202019201820172016
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
10%16%15%25%26%24%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
8%15%13%20%22%21%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
91%91%92%81%83%86%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
10%22%25%22%23%24%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
9%9%8%19%17%14%
 
Operating ratiosSector median20202019201820172016
Program expense ratio Program expense ratio =
Program services /
Total expenses
79%71%69%72%73%72%
Spending ratio Spending ratio =
Total expenses /
Total revenue
89%66%54%90%94%87%
Program output ratio Program output ratio =
Program services /
Total revenue
70%47%37%65%68%63%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
11%34%46%10%6%13%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
8%19%36%6%3%7%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
9%7%6%5%4%4%
 
Investing ratiosSector median20202019201820172016
Total asset turnover Total asset turnover =
Total expenses /
Total assets
0.550.330.400.500.470.46
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
3.275.376.965.154.854.69
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
1.851.752.822.572.262.14
 
Liquidity ratiosSector median20202019201820172016
Current ratio Current ratio =
Total current assets /
Total current liabilities
12.9514.6010.709.007.499.63
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.070.070.090.110.130.10
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
5.536.393.864.154.615.03
 
Solvency ratiosSector median20202019201820172016
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
10%10%5%6%6%6%
Debt ratio Debt ratio =
Debt /
Total assets
1%5%0%0%0%0%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
150%275%234%189%202%207%

Financials

Balance sheet
 
Assets20202019201820172016
Cash$5,040,054$1,569,136$494,893$1,222,440$1,112,552
Receivables, inventories, prepaids$747,538$538,007$373,175$442,470$646,722
Short-term investments$3,065,154$3,231,009$3,975,182$3,207,823$3,025,361
Other current assets$0$0$0$0$0
Total current assets$8,852,746$5,338,152$4,843,250$4,872,733$4,784,635
Long-term investments$9,037,017$4,968,460$4,951,460$4,820,184$4,789,184
Fixed assets$9,044,122$12,943,972$11,381,004$10,844,184$10,429,196
Other long-term assets$20,611,620$13,894,182$3,773,009$3,109,845$2,458,314
Total long-term assets$38,692,759$31,806,614$20,105,473$18,774,213$17,676,694
Total assets$47,545,505$37,144,766$24,948,723$23,646,946$22,461,329
 
Liabilities20202019201820172016
Payables and accrued expenses$606,462$498,821$538,330$650,534$497,098
Other current liabilities$0$0$0$0$0
Total current liabilities$606,462$498,821$538,330$650,534$497,098
Debt$2,531,300$0$0$0$0
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$1,841,248$1,515,594$925,809$814,290$750,400
Total long-term liabilities$4,372,548$1,515,594$925,809$814,290$750,400
Total liabilities$4,979,010$2,014,415$1,464,139$1,464,824$1,247,498
 
Net assets20202019201820172016
Without donor restrictions$23,687,338$20,233,909$20,657,202$20,028,616$19,132,308
With donor restrictions$18,879,157$14,896,442$2,827,382$2,153,506$2,081,523
Net assets$42,566,495$35,130,351$23,484,584$22,182,122$21,213,831
 
Revenues and expenses
 
Revenue20202019201820172016
Total contributions$21,417,353$25,504,717$11,309,444$9,809,875$10,064,052
Program service revenue$1,702,513$2,191,887$1,706,237$1,369,023$1,373,890
Membership dues$0$0$0$0$0
Investment income$707,234$595,300$488,799$154,894($114,249)
Other revenue($383,054)($461,537)$407,730$422,527$442,173
Total other revenue$2,026,693$2,325,650$2,602,766$1,946,444$1,701,814
Total revenue$23,444,046$27,830,367$13,912,210$11,756,319$11,765,866
 
Expenses20202019201820172016
Program services$11,012,076$10,385,965$9,012,928$8,001,123$7,356,538
Management and general$1,049,778$942,602$660,137$426,209$431,682
Fundraising$3,417,782$3,709,496$2,782,212$2,569,639$2,443,846
Total expenses$15,479,636$15,038,063$12,455,277$10,996,971$10,232,066
 
Change in net assets20202019201820172016
Surplus (deficit)$7,964,410$12,792,304$1,456,933$759,348$1,533,800
Other changes in net assets$0$0$0$0$0
Total change in net assets$7,964,410$12,792,304$1,456,933$759,348$1,533,800

Compensation

NameTitleCompensation
Alvis Richard APresident/CEO$189,573
Steven MeyerCOO (6/1/19 - 1/3/20)$139,911

Compensation data as of: 5/31/2020


Response from ministry

Due to God's generous provision, Wheeler Mission is grateful to have a strong balance sheet. This has allowed us to significantly expand our services to our neighbors experiencing homelessness and meet their growing needs. Since 2015 the nights of shelter provided by Wheeler Mission has more than doubled. This requires additional buildings, staff and resources which have increased our program expenses. These expenses will continue to rise over the next several years as new facilities become fully available.

Capital campaigns are effective methods of raising significant funding in a specific time period for the purpose of expanding services and programming capacity. In late 2018, we launched a capital campaign to effectively triple our capacity to meet the growing need for services in central Indiana for women and, specifically, women with children experiencing homelessness. This contributes to the significant increase in net assets with donors restrictions between 2018 and 2019.

Furthermore, at that same time - but unrelated to the capital campaign - we received a generous gift to establish a permanently restricted endowment for the sustainability of Wheeler Mission.

We believe an emphasis on raising our star rating will sacrifice the financial flexibility our ministry currently needs and, ultimately, have an inverse relationship on our ability to meet the growing needs of our community. Financial flexibility has become critical in ensuring we do not have a need to pursue - or become dependent on - funding sources that may threaten our commitment to sharing the gospel in our program and service delivery.


The information below was provided to MinistryWatch by the ministry itself. It was last updated 2/15/2022. To update the information below, please email: info@ministrywatch.com


History

1893 - The Mission is founded under the name Door of Hope. It's led by a hardware salesman, William V. Wheeler, who volunteers his time.

1908 - William Wheeler dies, and organization is renamed in his honor.

1929 - Present building built at 245 North Delaware Street.

1959 - Wheeler's own camp (later named Camp Hunt) opens.

1990 - Rick Alvis becomes President/CEO

1991 - Wheeler begins to transform the Dearborn Hotel at 3208 East Michigan Street into a youth and family center, named the John D. Hughes Community Center, after its chief benefactor.

2001 - Wheeler and The Care Center merge.

2002 - Wheeler purchases the building adjacent to the men's shelter at 205 East New York Street.

2006 - Wheeler merges with Lighthouse Mission to enhance the programs offered to homeless men (later renamed Shelter for Men).

2009 - The Care Center moves to the Community Center at 3208 East Michigan Street and is renamed to Center for Women & Children.

2015 - Expansion of Shelter for Men to meet the growing demand for emergency shelter in Indianapolis

2021 - Expansion of Center for Women & Children to meet the growing demand for shelter and services for women, and women with children, experiencing homelessness in Indianapolis


Program accomplishments

Served an average of 872 meals to an average of 736 guests each day throughout the 2021 calendar year.

Served 10,832 unduplicated individuals at a Wheeler Mission site in 2021.

485 guests completed a Wheeler Mission program in 2021.

325 individuals secured stable housing upon exiting a Wheeler Mission program in 2021.


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