Springfield Victory Mission Inc

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 rating677 of 1022105 of 155
Fund acquisition rating698 of 1025116 of 155
Resource allocation rating711 of 1025100 of 155
Asset utilization rating407 of 102267 of 155

Financial ratios

Funding ratiosSector median20212020201820172016
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
9%14%15%15%15%15%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
8%12%12%13%12%12%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
92%86%80%83%80%80%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
10%15%13%17%14%12%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
8%14%20%17%20%20%
 
Operating ratiosSector median20212020201820172016
Program expense ratio Program expense ratio =
Program services /
Total expenses
79%76%78%66%62%70%
Spending ratio Spending ratio =
Total expenses /
Total revenue
85%80%89%75%86%97%
Program output ratio Program output ratio =
Program services /
Total revenue
67%61%69%50%53%68%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
15%20%11%25%14%3%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
12%15%9%28%17%4%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
9%10%8%17%24%17%
 
Investing ratiosSector median20212020201820172016
Total asset turnover Total asset turnover =
Total expenses /
Total assets
0.530.590.630.610.700.94
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
2.922.002.362.684.4412.50
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
1.621.181.501.633.1011.77
 
Liquidity ratiosSector median20212020201820172016
Current ratio Current ratio =
Total current assets /
Total current liabilities
14.1937.6651.3716.273.693.09
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.070.030.020.060.270.32
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
6.109.947.856.922.820.69
 
Solvency ratiosSector median20212020201820172016
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
8%4%11%27%36%38%
Debt ratio Debt ratio =
Debt /
Total assets
1%0%8%23%29%36%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
155%163%140%120%92%66%

Financials

Balance sheet
 
Assets20212020201820172016
Cash$1,877,914$1,382,097$1,291,890$547,494$86,019
Receivables, inventories, prepaids$404,900$368,529$94,702$92,057$43,385
Short-term investments$131,779$103,933$136,434$119,125$103,783
Other current assets$0$0$0$0$0
Total current assets$2,414,593$1,854,559$1,523,026$758,676$233,187
Long-term investments$0$0$0$0$0
Fixed assets$2,375,750$2,511,615$2,556,978$2,593,228$2,669,989
Other long-term assets$27,450$15,000$0$14,478$12,598
Total long-term assets$2,403,200$2,526,615$2,556,978$2,607,706$2,682,587
Total assets$4,817,793$4,381,174$4,080,004$3,366,382$2,915,774
 
Liabilities20212020201820172016
Payables and accrued expenses$64,118$36,100$93,628$205,769$75,370
Other current liabilities$0$0$0$0$0
Total current liabilities$64,118$36,100$93,628$205,769$75,370
Debt$0$333,451$923,492$992,562$1,038,556
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$135,027$106,864$85,266$0$0
Total long-term liabilities$135,027$440,315$1,008,758$992,562$1,038,556
Total liabilities$199,145$476,415$1,102,386$1,198,331$1,113,926
 
Net assets20212020201820172016
Without donor restrictions$4,510,329$3,796,440$2,869,299$2,033,295$1,561,362
With donor restrictions$108,319$108,319$108,319$134,756$240,486
Net assets$4,618,648$3,904,759$2,977,618$2,168,051$1,801,848
 
Revenues and expenses
 
Revenue20212020201820172016
Total contributions$3,023,581$2,512,289$2,746,262$2,169,618$2,270,219
Program service revenue$461,336$601,228$527,100$433,380$256,154
Membership dues$0$0$0$0$0
Investment income$10,474$20,372($20,629)$2,937$42,927
Other revenue$37,686$5,407$48,099$122,413$251,114
Total other revenue$509,496$627,007$554,570$558,730$550,195
Total revenue$3,533,077$3,139,296$3,300,832$2,728,348$2,820,414
 
Expenses20212020201820172016
Program services$2,150,729$2,180,411$1,638,219$1,456,968$1,927,481
Management and general$272,520$233,665$420,281$571,002$479,481
Fundraising$414,220$366,368$421,482$324,813$336,926
Total expenses$2,837,469$2,780,444$2,479,982$2,352,783$2,743,888
 
Change in net assets20212020201820172016
Surplus (deficit)$695,608$358,852$820,850$375,565$76,526
Other changes in net assets$0$0$0$0$0
Total change in net assets$695,608$358,852$820,850$375,565$76,526

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