Victory Mission + Ministry 
The information on this page was last updated 4/24/2024. If you see errors or omissions, please email: [email protected]
Summary
Victory Mission is a faith driven organization that provides emergency relief through outreach services and long-term empowerment through programming and social enterprise.
Contact information
Mailing address:
Victory Mission + Ministry
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: 2021
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
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 | | 430 of 1118 | 52 of 141 |
| Fund acquisition rating | | 624 of 1119 | 80 of 141 |
| Resource allocation rating | | 374 of 1119 | 49 of 141 |
| Asset utilization rating | | 442 of 1118 | 49 of 141 |
Financial ratios
| Funding ratios | Sector median | 2023 | 2022 | 2021 | 2020 | 2018 |
Return on fundraising efforts Return on fundraising efforts = Fundraising expense / Total contributions | 12% | 13% | 17% | 14% | 15% | 15% |
Fundraising cost ratio Fundraising cost ratio = Fundraising expense / Total revenue | 10% | 11% | 14% | 12% | 12% | 13% |
Contributions reliance Contributions reliance = Total contributions / Total revenue | 93% | 84% | 84% | 86% | 80% | 83% |
Fundraising expense ratio Fundraising expense ratio = Fundraising expense / Total expenses | 11% | 12% | 15% | 15% | 13% | 17% |
Other revenue reliance Other revenue reliance = Total other revenue / Total revenue | 7% | 16% | 16% | 14% | 20% | 17% |
| Operating ratios | Sector median | 2023 | 2022 | 2021 | 2020 | 2018 |
Program expense ratio Program expense ratio = Program services / Total expenses | 78% | 82% | 77% | 76% | 78% | 66% |
Spending ratio Spending ratio = Total expenses / Total revenue | 93% | 88% | 93% | 80% | 89% | 75% |
Program output ratio Program output ratio = Program services / Total revenue | 73% | 73% | 72% | 61% | 69% | 50% |
Savings ratio Savings ratio = Surplus (deficit) / Total revenue | 7% | 12% | 7% | 20% | 11% | 25% |
Reserve accumulation rate Reserve accumulation rate = Surplus (deficit) / Net assets | 5% | 9% | 5% | 15% | 9% | 28% |
General and admin ratio General and admin ratio = Management and general expense / Total expenses | 9% | 6% | 8% | 10% | 8% | 17% |
| Investing ratios | Sector median | 2023 | 2022 | 2021 | 2020 | 2018 |
Total asset turnover Total asset turnover = Total expenses / Total assets | 0.53 | 0.64 | 0.63 | 0.59 | 0.63 | 0.61 |
Degree of long-term investment Degree of long-term investment = Total assets / Total current assets | 2.85 | 2.44 | 2.09 | 2.00 | 2.36 | 2.68 |
Current asset turnover Current asset turnover = Total expenses / Total current assets | 1.74 | 1.55 | 1.31 | 1.18 | 1.50 | 1.63 |
| Liquidity ratios | Sector median | 2023 | 2022 | 2021 | 2020 | 2018 |
Current ratio Current ratio = Total current assets / Total current liabilities | 11.95 | 7.76 | 24.71 | 37.66 | 51.37 | 16.27 |
Current liabilities ratio Current liabilities ratio = Total current liabilities / Total current assets | 0.08 | 0.13 | 0.04 | 0.03 | 0.02 | 0.06 |
Liquid reserve level Liquid reserve level = (Total current assets - Total current liabilities) / (Total expenses / 12) | 6.06 | 6.73 | 8.81 | 9.94 | 7.85 | 6.92 |
| Solvency ratios | Sector median | 2023 | 2022 | 2021 | 2020 | 2018 |
Liabilities ratio Liabilities ratio = Total liabilities / Total assets | 9% | 7% | 5% | 4% | 11% | 27% |
Debt ratio Debt ratio = Debt / Total assets | 0% | 0% | 0% | 0% | 8% | 23% |
Reserve coverage ratio Reserve coverage ratio = Net assets / Total expenses | 154% | 146% | 152% | 163% | 140% | 120% |
Financials
| Balance sheet | |||||
| Assets | 2023 | 2022 | 2021 | 2020 | 2018 |
| Cash | $1,811,791 | $1,922,645 | $1,877,914 | $1,382,097 | $1,291,890 |
| Receivables, inventories, prepaids | $405,102 | $399,942 | $404,900 | $368,529 | $94,702 |
| Short-term investments | $126,630 | $116,292 | $131,779 | $103,933 | $136,434 |
| Other current assets | $0 | $0 | $0 | $0 | $0 |
| Total current assets | $2,343,523 | $2,438,879 | $2,414,593 | $1,854,559 | $1,523,026 |
| Long-term investments | $0 | $0 | $0 | $0 | $0 |
| Fixed assets | $2,540,774 | $2,372,464 | $2,375,750 | $2,511,615 | $2,556,978 |
| Other long-term assets | $839,098 | $288,080 | $27,450 | $15,000 | $0 |
| Total long-term assets | $3,379,872 | $2,660,544 | $2,403,200 | $2,526,615 | $2,556,978 |
| Total assets | $5,723,395 | $5,099,423 | $4,817,793 | $4,381,174 | $4,080,004 |
| Liabilities | 2023 | 2022 | 2021 | 2020 | 2018 |
| Payables and accrued expenses | $302,072 | $98,710 | $64,118 | $36,100 | $93,628 |
| Other current liabilities | $0 | $0 | $0 | $0 | $0 |
| Total current liabilities | $302,072 | $98,710 | $64,118 | $36,100 | $93,628 |
| Debt | $0 | $0 | $0 | $333,451 | $923,492 |
| Due to (from) affiliates | $0 | $0 | $0 | $0 | $0 |
| Other long-term liabilities | $105,274 | $167,341 | $135,027 | $106,864 | $85,266 |
| Total long-term liabilities | $105,274 | $167,341 | $135,027 | $440,315 | $1,008,758 |
| Total liabilities | $407,346 | $266,051 | $199,145 | $476,415 | $1,102,386 |
| Net assets | 2023 | 2022 | 2021 | 2020 | 2018 |
| Without donor restrictions | $4,756,730 | $4,725,053 | $4,510,329 | $3,796,440 | $2,869,299 |
| With donor restrictions | $559,319 | $108,319 | $108,319 | $108,319 | $108,319 |
| Net assets | $5,316,049 | $4,833,372 | $4,618,648 | $3,904,759 | $2,977,618 |
| Revenues and expenses | |||||
| Revenue | 2023 | 2022 | 2021 | 2020 | 2018 |
| Total contributions | $3,478,093 | $2,876,733 | $3,023,581 | $2,512,289 | $2,746,262 |
| Program service revenue | $578,772 | $525,195 | $461,336 | $601,228 | $527,100 |
| Membership dues | $0 | $0 | $0 | $0 | $0 |
| Investment income | $52,108 | $6,614 | $10,474 | $20,372 | ($20,629) |
| Other revenue | $9,488 | $11,974 | $37,686 | $5,407 | $48,099 |
| Total other revenue | $640,368 | $543,783 | $509,496 | $627,007 | $554,570 |
| Total revenue | $4,118,461 | $3,420,516 | $3,533,077 | $3,139,296 | $3,300,832 |
| Expenses | 2023 | 2022 | 2021 | 2020 | 2018 |
| Program services | $2,996,488 | $2,451,663 | $2,150,729 | $2,180,411 | $1,638,219 |
| Management and general | $201,786 | $242,486 | $272,520 | $233,665 | $420,281 |
| Fundraising | $442,174 | $493,626 | $414,220 | $366,368 | $421,482 |
| Total expenses | $3,640,448 | $3,187,775 | $2,837,469 | $2,780,444 | $2,479,982 |
| Change in net assets | 2023 | 2022 | 2021 | 2020 | 2018 |
| Surplus (deficit) | $478,013 | $232,741 | $695,608 | $358,852 | $820,850 |
| Other changes in net assets | $0 | $0 | $0 | $0 | $0 |
| Total change in net assets | $478,013 | $232,741 | $695,608 | $358,852 | $820,850 |
Compensation
| Name | Title | Compensation |
| Jason Hynson | Executive Di | $97,244 |
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 4/24/2024. 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