Victory Mission + Ministry

The information on this page was last updated 11/1/2022. If you see errors or omissions, please email: [email protected]


Summary

Victory Mission is a Christian outreach to people who are hungry, homeless, hurting and struggling to meet their family's basic needs.


Contact information

Mailing address:
Springfield Victory Mission Inc
PO Box 2884
Springfield, MO 65801

Website: victorymission.com

Phone: 417-864-2200

Email: [email protected]


Organization details

EIN: 431345089

CEO/President: Jason Hynson

Chairman: Brandon Drake

Board size: 14

Founder: Rev. and Mrs. Everett Cook

Ruling year: 1991

Tax deductible: Yes

Fiscal year end: 06/30

Member of ECFA: Yes

Member of ECFA since:


Purpose

Our vision: "Every life has purpose!" From meeting immediate needs of hunger and shelter to executing programs and social enterprises that provide sustainable opportunities of personal growth, we are on a mission of "victory" for all who call the Springfield area home.


Mission statement

We share God's love through intentional relationships for the restoration of a brokenhearted world.


Statement of faith

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 rating768 of 107499 of 143
Fund acquisition rating830 of 1075125 of 143
Resource allocation rating762 of 107588 of 143
Asset utilization rating434 of 107465 of 143

Financial ratios

Funding ratiosSector median20222021202020182017
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
10%17%14%15%15%15%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
8%14%12%12%13%12%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
93%84%86%80%83%80%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
10%15%15%13%17%14%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
7%16%14%20%17%20%
 
Operating ratiosSector median20222021202020182017
Program expense ratio Program expense ratio =
Program services /
Total expenses
80%77%76%78%66%62%
Spending ratio Spending ratio =
Total expenses /
Total revenue
85%93%80%89%75%86%
Program output ratio Program output ratio =
Program services /
Total revenue
68%72%61%69%50%53%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
15%7%20%11%25%14%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
13%5%15%9%28%17%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
9%8%10%8%17%24%
 
Investing ratiosSector median20222021202020182017
Total asset turnover Total asset turnover =
Total expenses /
Total assets
0.560.630.590.630.610.70
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
2.622.092.002.362.684.44
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
1.571.311.181.501.633.10
 
Liquidity ratiosSector median20222021202020182017
Current ratio Current ratio =
Total current assets /
Total current liabilities
13.7924.7137.6651.3716.273.69
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.070.040.030.020.060.27
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
6.478.819.947.856.922.82
 
Solvency ratiosSector median20222021202020182017
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
7%5%4%11%27%36%
Debt ratio Debt ratio =
Debt /
Total assets
0%0%0%8%23%29%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
153%152%163%140%120%92%

Financials

Balance sheet
 
Assets20222021202020182017
Cash$1,922,645$1,877,914$1,382,097$1,291,890$547,494
Receivables, inventories, prepaids$399,942$404,900$368,529$94,702$92,057
Short-term investments$116,292$131,779$103,933$136,434$119,125
Other current assets$0$0$0$0$0
Total current assets$2,438,879$2,414,593$1,854,559$1,523,026$758,676
Long-term investments$0$0$0$0$0
Fixed assets$2,372,464$2,375,750$2,511,615$2,556,978$2,593,228
Other long-term assets$288,080$27,450$15,000$0$14,478
Total long-term assets$2,660,544$2,403,200$2,526,615$2,556,978$2,607,706
Total assets$5,099,423$4,817,793$4,381,174$4,080,004$3,366,382
 
Liabilities20222021202020182017
Payables and accrued expenses$98,710$64,118$36,100$93,628$205,769
Other current liabilities$0$0$0$0$0
Total current liabilities$98,710$64,118$36,100$93,628$205,769
Debt$0$0$333,451$923,492$992,562
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$167,341$135,027$106,864$85,266$0
Total long-term liabilities$167,341$135,027$440,315$1,008,758$992,562
Total liabilities$266,051$199,145$476,415$1,102,386$1,198,331
 
Net assets20222021202020182017
Without donor restrictions$4,725,053$4,510,329$3,796,440$2,869,299$2,033,295
With donor restrictions$108,319$108,319$108,319$108,319$134,756
Net assets$4,833,372$4,618,648$3,904,759$2,977,618$2,168,051
 
Revenues and expenses
 
Revenue20222021202020182017
Total contributions$2,876,733$3,023,581$2,512,289$2,746,262$2,169,618
Program service revenue$525,195$461,336$601,228$527,100$433,380
Membership dues$0$0$0$0$0
Investment income$6,614$10,474$20,372($20,629)$2,937
Other revenue$11,974$37,686$5,407$48,099$122,413
Total other revenue$543,783$509,496$627,007$554,570$558,730
Total revenue$3,420,516$3,533,077$3,139,296$3,300,832$2,728,348
 
Expenses20222021202020182017
Program services$2,451,663$2,150,729$2,180,411$1,638,219$1,456,968
Management and general$242,486$272,520$233,665$420,281$571,002
Fundraising$493,626$414,220$366,368$421,482$324,813
Total expenses$3,187,775$2,837,469$2,780,444$2,479,982$2,352,783
 
Change in net assets20222021202020182017
Surplus (deficit)$232,741$695,608$358,852$820,850$375,565
Other changes in net assets$0$0$0$0$0
Total change in net assets$232,741$695,608$358,852$820,850$375,565

Compensation

NameTitleCompensation
Jason HynsonExecutive Di$93,862

Compensation data as of: 6/30/2021


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 11/1/2022. To update the information below, please email: [email protected]


History

Victory Mission began in 1976 when Rev. and Mrs. Everett Cook saw the needs of the homeless in Downtown Springfield. Their initial efforts included the distribution of sandwiches and coffee from the back of their station wagon.

Over the years, the organization has moved beyond outreach to focus on empowerment through intentional programs and emergency shelters. Victory's Shelter for Men provides a safe space for individuals facing homelessness with the help they need to get back on their feet through recovery programs and job training. Restoration for men and women focuses on long-term discipleship for those ready to reclaim Victory in their lives. SingleMomzRock provides resources for single parents and encouragement to a network of women through monthly meetings and occasional special events.

A number of social enterprises helps to create employment opportunities for members of Victory Mission + Ministry's programs. These ventures not only provide hands-on experience and fair living wages for different individuals, they also allow Victory Mission to become more sustainable as an organization.


Program accomplishments

2052 case management sessions
180 men became employed
52619 emergency shelter nights
9950 families served at our food pantry


Needs