Mission Quest 
The information on this page was last updated 3/27/2023. If you see errors or omissions, please email: [email protected]
Summary
We are a home for many missionaries that were sent by their churches to the world. We serve with the local church in equipping missionaries to serve God efficiently.
Contact information
Mailing address:
Mission Quest
P.O. Box 4602
Wheaton, IL 60189
Website: missionquest.org
Phone: 773-998-3878
Email: [email protected]
Organization details
EIN: 474865647
CEO/President:
Chairman:
Board size: 0
Founder:
Ruling year: 2015
Tax deductible: Yes
Fiscal year end: 12/31
Member of ECFA: Yes
Member of ECFA since: 2018
Purpose
Our vision is to see God glorified by the obedience of His people and their commitment to fulfill His commission by making His name known among the nations (Malachi 1:11; 1 Chronicles 16:24). Our heart and mission statement is to provide our missionaries with a dependable home office that processes their donations and handles all the logistics involved in raising funds for their ministries. Our values can be summarized in this statement: We are a God-glorifying, Christ-centered, Gospel-driven, missionary service organization that was established by missionaries for missionaries.
Mission statement
Statement of faith
Please visit: https://missionquest.org/about/Missionary-Statement-of-Faith/
Donor confidence score
Transparency grade
A
To understand our transparency grade, click here.
Financial efficiency ratings
Sector: Community Development
| Category | Rating | Overall rank | Sector rank |
| Overall efficiency rating | | 27 of 1104 | 5 of 122 |
| Fund acquisition rating | | 111 of 1105 | 11 of 122 |
| Resource allocation rating | | 16 of 1105 | 5 of 122 |
| Asset utilization rating | | 148 of 1104 | 16 of 122 |
Financial ratios
| Funding ratios | Sector median | 2022 | 2021 | 2020 | 2019 | 2018 |
Return on fundraising efforts Return on fundraising efforts = Fundraising expense / Total contributions | 8% | 1% | 1% | 1% | 1% | 0% |
Fundraising cost ratio Fundraising cost ratio = Fundraising expense / Total revenue | 5% | 1% | 1% | 1% | 1% | 0% |
Contributions reliance Contributions reliance = Total contributions / Total revenue | 92% | 100% | 100% | 100% | 100% | 100% |
Fundraising expense ratio Fundraising expense ratio = Fundraising expense / Total expenses | 6% | 1% | 1% | 1% | 1% | 0% |
Other revenue reliance Other revenue reliance = Total other revenue / Total revenue | 8% | 0% | 0% | 0% | 0% | 0% |
| Operating ratios | Sector median | 2022 | 2021 | 2020 | 2019 | 2018 |
Program expense ratio Program expense ratio = Program services / Total expenses | 82% | 96% | 97% | 97% | 97% | 96% |
Spending ratio Spending ratio = Total expenses / Total revenue | 97% | 100% | 95% | 92% | 94% | 98% |
Program output ratio Program output ratio = Program services / Total revenue | 75% | 96% | 93% | 89% | 91% | 94% |
Savings ratio Savings ratio = Surplus (deficit) / Total revenue | 3% | 0% | 5% | 8% | 6% | 2% |
Reserve accumulation rate Reserve accumulation rate = Surplus (deficit) / Net assets | 4% | 0% | 28% | 61% | 71% | 50% |
General and admin ratio General and admin ratio = Management and general expense / Total expenses | 11% | 2% | 2% | 2% | 2% | 4% |
| Investing ratios | Sector median | 2022 | 2021 | 2020 | 2019 | 2018 |
Total asset turnover Total asset turnover = Total expenses / Total assets | 0.84 | 2.64 | 2.29 | 2.26 | 3.67 | 5.89 |
Degree of long-term investment Degree of long-term investment = Total assets / Total current assets | 1.76 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 |
Current asset turnover Current asset turnover = Total expenses / Total current assets | 1.77 | 2.64 | 2.29 | 2.26 | 3.67 | 5.89 |
| Liquidity ratios | Sector median | 2022 | 2021 | 2020 | 2019 | 2018 |
Current ratio Current ratio = Total current assets / Total current liabilities | 13.67 | 4.32 | 1.62 | 1.45 | 1.55 | 1.34 |
Current liabilities ratio Current liabilities ratio = Total current liabilities / Total current assets | 0.07 | 0.23 | 0.62 | 0.69 | 0.64 | 0.75 |
Liquid reserve level Liquid reserve level = (Total current assets - Total current liabilities) / (Total expenses / 12) | 6.08 | 3.50 | 2.00 | 1.66 | 1.16 | 0.52 |
| Solvency ratios | Sector median | 2022 | 2021 | 2020 | 2019 | 2018 |
Liabilities ratio Liabilities ratio = Total liabilities / Total assets | 10% | 23% | 62% | 69% | 64% | 75% |
Debt ratio Debt ratio = Debt / Total assets | 0% | 0% | 0% | 0% | 0% | 0% |
Reserve coverage ratio Reserve coverage ratio = Net assets / Total expenses | 101% | 29% | 17% | 14% | 10% | 4% |
Financials
| Balance sheet | |||||
| Assets | 2022 | 2021 | 2020 | 2019 | 2018 |
| Cash | $1,058,312 | $1,204,541 | $1,126,711 | $368,183 | $167,998 |
| Receivables, inventories, prepaids | $27,670 | $105,028 | $99,952 | $49,125 | $0 |
| Short-term investments | $183,872 | $112,832 | $0 | $0 | $0 |
| Other current assets | $0 | $0 | $0 | $0 | $0 |
| Total current assets | $1,269,854 | $1,422,401 | $1,226,663 | $417,308 | $167,998 |
| Long-term investments | $0 | $0 | $0 | $0 | $0 |
| Fixed assets | $0 | $0 | $0 | $0 | $0 |
| Other long-term assets | $0 | $0 | $0 | $0 | $0 |
| Total long-term assets | $0 | $0 | $0 | $0 | $0 |
| Total assets | $1,269,854 | $1,422,401 | $1,226,663 | $417,308 | $167,998 |
| Liabilities | 2022 | 2021 | 2020 | 2019 | 2018 |
| Payables and accrued expenses | $293,759 | $878,392 | $843,250 | $268,667 | $125,482 |
| Other current liabilities | $0 | $0 | $0 | $0 | $0 |
| Total current liabilities | $293,759 | $878,392 | $843,250 | $268,667 | $125,482 |
| Debt | $0 | $0 | $0 | $0 | $0 |
| Due to (from) affiliates | $0 | $0 | $0 | $0 | $0 |
| Other long-term liabilities | $0 | $0 | $0 | $0 | $0 |
| Total long-term liabilities | $0 | $0 | $0 | $0 | $0 |
| Total liabilities | $293,759 | $878,392 | $843,250 | $268,667 | $125,482 |
| Net assets | 2022 | 2021 | 2020 | 2019 | 2018 |
| Without donor restrictions | $976,095 | $544,009 | $383,413 | $148,641 | $42,516 |
| With donor restrictions | $0 | $0 | $0 | $0 | $0 |
| Net assets | $976,095 | $544,009 | $383,413 | $148,641 | $42,516 |
| Revenues and expenses | |||||
| Revenue | 2022 | 2021 | 2020 | 2019 | 2018 |
| Total contributions | $3,339,111 | $3,411,699 | $3,002,220 | $1,639,466 | $1,010,024 |
| Program service revenue | $0 | $0 | $0 | $0 | $0 |
| Membership dues | $0 | $0 | $0 | $0 | $0 |
| Investment income | $8,960 | $6,121 | $0 | $0 | $0 |
| Other revenue | $0 | $0 | $0 | $0 | $0 |
| Total other revenue | $8,960 | $6,121 | $0 | $0 | $0 |
| Total revenue | $3,348,071 | $3,417,820 | $3,002,220 | $1,639,466 | $1,010,024 |
| Expenses | 2022 | 2021 | 2020 | 2019 | 2018 |
| Program services | $3,225,212 | $3,174,932 | $2,673,661 | $1,488,955 | $945,038 |
| Management and general | $78,481 | $51,867 | $63,082 | $31,583 | $41,745 |
| Fundraising | $44,703 | $36,676 | $30,705 | $12,803 | $1,956 |
| Total expenses | $3,348,396 | $3,263,475 | $2,767,448 | $1,533,341 | $988,739 |
| Change in net assets | 2022 | 2021 | 2020 | 2019 | 2018 |
| Surplus (deficit) | ($325) | $154,345 | $234,772 | $106,125 | $21,285 |
| Other changes in net assets | $0 | $0 | $0 | $0 | $0 |
| Total change in net assets | ($325) | $154,345 | $234,772 | $106,125 | $21,285 |
Compensation
Compensation data for this ministry has not been collected.
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 3/27/2023. To update the information below, please email: [email protected]
History
Program accomplishments
7063 Unreached people groups
7 Continents
1 Gospel