Hope Gospel Mission 
The information on this page was last updated 2/22/2023. If you see errors or omissions, please email: [email protected]
Summary
Hope Gospel Mission provides food, shelter, clothing, life-changing rehabilitation programming and more to men, women, and children in western Wisconsin.
Contact information
Mailing address:
Hope Gospel Mission
2650 Mercantile Dr
Eau Claire, WI 54703
Website: hopegospelmission.org
Phone: 715-552-5566
Email: [email protected]
Organization details
EIN: 391948605
CEO/President: Sandi Polzin
Chairman: Mike Donnelly
Board size: 11
Founder: Mike Donnelly
Ruling year: 1999
Tax deductible: Yes
Fiscal year end: 06/30
Member of ECFA: Yes
Member of ECFA since: 2006
Purpose
Our Vision: To be a leader in providing help and hope in the communities we serve, and see lives rescued, rebuilt, and renewed to be the people God created us to be.
Mission statement
Hope Gospel Mission exists to offer Christ-centered, life changing help to those who struggle with homelessness, brokenness and addiction. We help accomplish this mission by:
Meeting their basic needs without enabling them.
Requiring them to work and help support themselves.
Providing them a safe and orderly place to stay.
Addressing the root causes of their situation.
Offering them a complete life change through our Renewed Hope Program.
Sharing with them the Gospel of Jesus Christ and Biblical values.
Involving them in local Bible-believing churches.
Keeping them accountable for their actions.
Showing them both care and correction.
Statement of faith
We believe in the authority and inspiration of the Bible. We believe the Word of God to be infallible and inerrant, our supreme authority in all matters of faith and conduct. (Ps. 19:7-11, Mt. 5:18, 24:35, Lk.1:33, 2 Tim. 3:16, 2 Pe. 1:3-4, 3:15-16).
We believe in one true God, the Creator of Heaven and Earth, sovereign over all, eternally existent in three persons - Father, Son, and Holy Spirit. (Gen. 1:1, Deu. 6:4, Is. 46:9-10, Mt. 28:19, 2 Cor. 13:14, Eph. 2:18, Rev. 1:4-5).
We believe in God the Son, God manifest in flesh, our Lord Jesus Christ, the world's only Savior. We believe in His pre-incarnate existence, His virgin birth, His sinless life, His vicarious death, His burial and bodily resurrection, His ascension into heaven, His present mediatorial ministry, and His imminent personal return in power and glory. (Jn. 1:14, 1 Tim. 4:10, Jn. 1:1-2, Mt. 1:23, Acts 1:9-11, 1 Cor. 15:3-4, 2 Cor. 5:21, Heb. 9:15, Rev. 1:7).
We believe in God the Holy Spirit, who convicts the world of sin, regenerates all true believers, and indwells and enables them to live a holy lifestyle of witness to our Lord Jesus Christ. (Jn. 16:7-8, Tit. 3:5, Rom. 8:9-12, Gal. 5:16).
We believe in the inherent sinfulness of mankind. We believe that man is born separated from God and is subject to His eternal judgment, wrath and condemnation. (Jer. 17:9-10, Rom. 3:23, 6:23).
We believe and proclaim that the Gospel of Jesus Christ has the power to change the lives of all who truly believe and make them a new creation in Christ through the new birth. This salvation is provided freely by God's grace through the shed blood, the sacrificial death, and the bodily resurrection of our Lord Jesus Christ. This salvation is not by our own works but is evidenced by good works once obtained. (Rom. 1:16-17, 2 Cor. 5:17, Eph. 2:8-10, Jas. 2:17, 2 Cor. 5:21).
We believe in the eternal promise of Heaven to every believer who is born-again, and endures to the end. (Jn. 3:16, 10:27-30, Rom. 8:38-39, 2 Tim. 2:12, Heb. 3:4, Jude 1:1, 24, Rev. 3:21).
We believe in the bodily resurrection of all the dead: believers to the full enjoyment of eternal life in heaven; unbelievers to the full condemnation of eternal death in hell (Jn. 5:25-26, 1 Cor. 15:51-52, 1 Th. 4:13-17, Rev. 20:11-15).
We believe in the local church and the importance of it in edifying and equipping the believer for the work of the ministry. Every believer should be a part of a local church, serve within, and be accountable to it (Eph. 4:11-12). We are not a church and will therefore partner with local Bible believing churches to provide this function.
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 | | 467 of 1106 | 45 of 140 |
| Fund acquisition rating | | 314 of 1107 | 32 of 140 |
| Resource allocation rating | | 628 of 1107 | 67 of 140 |
| Asset utilization rating | | 559 of 1106 | 69 of 140 |
Financial ratios
| Funding ratios | Sector median | 2023 | 2022 | 2021 | 2020 | 2019 |
Return on fundraising efforts Return on fundraising efforts = Fundraising expense / Total contributions | 11% | 7% | 8% | 7% | 8% | 7% |
Fundraising cost ratio Fundraising cost ratio = Fundraising expense / Total revenue | 10% | 7% | 8% | 6% | 8% | 7% |
Contributions reliance Contributions reliance = Total contributions / Total revenue | 93% | 97% | 100% | 96% | 97% | 97% |
Fundraising expense ratio Fundraising expense ratio = Fundraising expense / Total expenses | 11% | 8% | 8% | 8% | 9% | 11% |
Other revenue reliance Other revenue reliance = Total other revenue / Total revenue | 7% | 3% | 0% | 4% | 3% | 3% |
| Operating ratios | Sector median | 2023 | 2022 | 2021 | 2020 | 2019 |
Program expense ratio Program expense ratio = Program services / Total expenses | 79% | 79% | 80% | 81% | 81% | 82% |
Spending ratio Spending ratio = Total expenses / Total revenue | 90% | 84% | 92% | 83% | 88% | 67% |
Program output ratio Program output ratio = Program services / Total revenue | 71% | 66% | 73% | 67% | 71% | 55% |
Savings ratio Savings ratio = Surplus (deficit) / Total revenue | 10% | 16% | 8% | 17% | 12% | 33% |
Reserve accumulation rate Reserve accumulation rate = Surplus (deficit) / Net assets | 7% | 13% | 6% | 13% | 9% | 34% |
General and admin ratio General and admin ratio = Management and general expense / Total expenses | 9% | 12% | 11% | 12% | 10% | 7% |
| Investing ratios | Sector median | 2023 | 2022 | 2021 | 2020 | 2019 |
Total asset turnover Total asset turnover = Total expenses / Total assets | 0.52 | 0.53 | 0.52 | 0.48 | 0.45 | 0.44 |
Degree of long-term investment Degree of long-term investment = Total assets / Total current assets | 2.80 | 2.97 | 3.41 | 3.71 | 3.44 | 4.04 |
Current asset turnover Current asset turnover = Total expenses / Total current assets | 1.69 | 1.58 | 1.78 | 1.80 | 1.54 | 1.79 |
| Liquidity ratios | Sector median | 2023 | 2022 | 2021 | 2020 | 2019 |
Current ratio Current ratio = Total current assets / Total current liabilities | 13.05 | 10.92 | 7.18 | 7.04 | 9.02 | 8.78 |
Current liabilities ratio Current liabilities ratio = Total current liabilities / Total current assets | 0.07 | 0.09 | 0.14 | 0.14 | 0.11 | 0.11 |
Liquid reserve level Liquid reserve level = (Total current assets - Total current liabilities) / (Total expenses / 12) | 6.30 | 6.91 | 5.79 | 5.73 | 6.95 | 5.95 |
| Solvency ratios | Sector median | 2023 | 2022 | 2021 | 2020 | 2019 |
Liabilities ratio Liabilities ratio = Total liabilities / Total assets | 8% | 19% | 23% | 24% | 33% | 35% |
Debt ratio Debt ratio = Debt / Total assets | 0% | 16% | 18% | 20% | 30% | 32% |
Reserve coverage ratio Reserve coverage ratio = Net assets / Total expenses | 157% | 152% | 148% | 157% | 149% | 148% |
Financials
| Balance sheet | |||||
| Assets | 2023 | 2022 | 2021 | 2020 | 2019 |
| Cash | $2,188,955 | $2,046,461 | $2,059,772 | $2,119,398 | $1,580,227 |
| Receivables, inventories, prepaids | $1,340,623 | $707,771 | $731,427 | $879,510 | $794,941 |
| Short-term investments | $505,121 | $426,230 | $0 | $0 | $0 |
| Other current assets | $0 | $0 | $0 | $0 | $0 |
| Total current assets | $4,034,699 | $3,180,462 | $2,791,199 | $2,998,908 | $2,375,168 |
| Long-term investments | $0 | $0 | $0 | $0 | $0 |
| Fixed assets | $7,836,743 | $7,583,762 | $7,530,055 | $7,296,930 | $7,183,550 |
| Other long-term assets | $99,183 | $96,083 | $41,452 | $33,495 | $38,115 |
| Total long-term assets | $7,935,926 | $7,679,845 | $7,571,507 | $7,330,425 | $7,221,665 |
| Total assets | $11,970,625 | $10,860,307 | $10,362,706 | $10,329,333 | $9,596,833 |
| Liabilities | 2023 | 2022 | 2021 | 2020 | 2019 |
| Payables and accrued expenses | $369,594 | $442,889 | $396,304 | $332,568 | $270,484 |
| Other current liabilities | $0 | $0 | $0 | $0 | $0 |
| Total current liabilities | $369,594 | $442,889 | $396,304 | $332,568 | $270,484 |
| Debt | $1,912,263 | $1,994,730 | $2,046,929 | $3,092,008 | $3,044,450 |
| Due to (from) affiliates | $0 | $0 | $0 | $0 | $0 |
| Other long-term liabilities | $19,020 | $22,577 | $24,817 | $19,727 | $22,177 |
| Total long-term liabilities | $1,931,283 | $2,017,307 | $2,071,746 | $3,111,735 | $3,066,627 |
| Total liabilities | $2,300,877 | $2,460,196 | $2,468,050 | $3,444,303 | $3,337,111 |
| Net assets | 2023 | 2022 | 2021 | 2020 | 2019 |
| Without donor restrictions | $9,075,355 | $8,389,511 | $7,886,581 | $6,706,371 | $6,016,497 |
| With donor restrictions | $594,393 | $10,600 | $8,075 | $178,659 | $243,225 |
| Net assets | $9,669,748 | $8,400,111 | $7,894,656 | $6,885,030 | $6,259,722 |
| Revenues and expenses | |||||
| Revenue | 2023 | 2022 | 2021 | 2020 | 2019 |
| Total contributions | $7,373,894 | $6,176,746 | $5,808,856 | $5,072,908 | $6,183,911 |
| Program service revenue | $43,443 | $40,606 | $24,758 | $21,750 | $43,659 |
| Membership dues | $0 | $0 | $0 | $0 | $0 |
| Investment income | $19,883 | ($22,764) | $446 | $6,435 | $1,902 |
| Other revenue | $183,649 | $0 | $193,215 | $130,983 | $146,873 |
| Total other revenue | $246,975 | $17,842 | $218,419 | $159,168 | $192,434 |
| Total revenue | $7,620,869 | $6,194,588 | $6,027,275 | $5,232,076 | $6,376,345 |
| Expenses | 2023 | 2022 | 2021 | 2020 | 2019 |
| Program services | $5,042,638 | $4,547,148 | $4,052,591 | $3,721,461 | $3,477,225 |
| Management and general | $785,027 | $643,474 | $577,721 | $472,491 | $312,415 |
| Fundraising | $537,501 | $479,781 | $387,337 | $412,816 | $451,709 |
| Total expenses | $6,365,166 | $5,670,403 | $5,017,649 | $4,606,768 | $4,241,349 |
| Change in net assets | 2023 | 2022 | 2021 | 2020 | 2019 |
| Surplus (deficit) | $1,255,703 | $524,185 | $1,009,626 | $625,308 | $2,134,996 |
| Other changes in net assets | $0 | $0 | $0 | $0 | $0 |
| Total change in net assets | $1,255,703 | $524,185 | $1,009,626 | $625,308 | $2,134,996 |
Compensation
| Name | Title | Compensation |
| Sandi Polzin | Executive Director | $131,808 |
Compensation data as of: 6/30/2023
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 2/22/2023. To update the information below, please email: [email protected]
History
Having opened in 1998, Hope Gospel Mission is committed to bringing hope to men, women, and now women with children struggling with homelessness and addiction in the Chippewa Valley and Western Wisconsin. Our passion is to be a beacon of hope to those struggling to stay afloat.
For those seeking short-term emergency housing, assistance in procuring safe, long-term housing, stable employment and a workable budget, Hope Gospel Mission is here for them. Much more essential, though, are our long-term programs dedicated to addressing the root causes of a person's problems. We ultimately want to see men and women become contributing, independent members of our society. This takes months of intensive work to break down bad habits, then build and reinforce good ones.
In all our work, we strive to share the Love of Jesus Christ, our Lord and Savior with those we meet-residents, donors, volunteers, and our neighbors throughout the world. As a "Gospel Mission," we believe that Christ is the key to both eternal salvation and life here on earth. It is amazing to see how our residents change when they accept the Gospel in their hearts. For as it says in Romans 8:31, "If God is for us, who can be against us?"(NIV).
Hope Gospel Mission was founded in December of 1998 under the direction of founder and current board president Mark Donnelly. At that time Mark had become quite concerned about the growing but 'invisible' population of homeless men and women in the Eau Claire area. It was apparent that there was a great need to serve these lost ones with the Gospel of Jesus Christ. Hope Gospel Mission has seen hundreds of homeless people come through its doors since 1999.