Mission of Hope Ministries Inc. 
The information on this page was last updated 11/1/2022. If you see errors or omissions, please email: [email protected]
Summary
Mission of Hope Ministries is a residential Christian program focusing on men and women struggling with drug and alcohol dependency. The men and women that enter Mission of Hope have reached their bottom and are willing and ready to make a whole life change. Our services provided are free of charge. We are a non-profit para-church organization and our ministry is funded through the kindness of churches, organizations, and individuals. Additionally, Mission of Hope Ministries are supported through the Mission Thrift Store and the woodworking shop which includes the Redeemed Gift Store.
Contact information
Mailing address:
Mission of Hope Ministries Inc.
14970 Mission Road
Mobile, AL 36608
Website: missionofhopeministries.net
Phone: 251-649-0830
Email: [email protected]
Organization details
EIN: 630812366
CEO/President: Grant McLain
Chairman:
Board size: 3
Founder: Lonnie and Carol Miller
Ruling year: 1982
Tax deductible: Yes
Fiscal year end: 12/31
Member of ECFA: Yes
Member of ECFA since: 2010
Purpose
Our focus is to see men and women restored spiritually, physically, and emotionally through the Gospel and love of Jesus Christ. It is an honor for us to help them, to lift them up and most importantly to teach them about the redeeming, transforming power of our Lord and Savior Jesus Christ.
Mission statement
Our mission statement is breaking chains of addiction through our Lord Jesus Christ.
Statement of faith
Our beliefs are based on Jesus' command " 'You shall love the Lord your God with all your heart, with all your soul, and with all your mind.' This is the first and great commandment. And the second is like it: 'You shall love your neighbor as yourself.' ' (Matthew 22:37-39)
While our mission statement is breaking chains of addiction through our Lord Jesus Christ, it all centers around "Love God, Love People" Below we've explained a little more about what that means to us. If you want to know more about our doctrinal beliefs, you may want to read The Baptist Faith & Message ( https://bfm.sbc.net ).
We believe that God is the Creator of everything and that he exists eternally in three Persons: Father, Son, and Holy Spirit. (Deuteronomy 6:4; Isaiah 64:8; Matthew 3:16-17, 28:19; John 16:7-15; Hebrews 1:2-3)
We believe that God created us to worship him and give him glory. (Isaiah 43:7, 21; Psalm 96:9; Matthew 4:10)
We believe that sin has kept us from knowing God and worshipping him but that Jesus died on the cross to pay the penalty for our sin, was physically resurrected, and now offers a restored relationship with God to all who believe in him. (John 3:16; Acts 2:22-39; Romans 3:21-24)
We believe that salvation is a free gift given at God's initiative and must be received personally by faith. (John 5:24; Romans 10:9-10; Ephesians 2:8-9)
We believe the Bible to be God's Word, a true and fully accurate account of God's love for us. Its purpose is to teach us how to have a relationship with him, worship him, and bring him glory. (Psalm 19:7-10; 2 Timothy 3:15-17; 2 Peter 1:19-21)
We believe that Jesus established his body on Earth in the church and that the church is a community that exists for the purpose of declaring the gospel and glory of Jesus throughout the world. (1 Corinthians 12:12-31; Colossians 1:18-20; 1 Peter 2:9)
We believe the church is a family and that every believer should be identified with a local body of believers for the purpose of mutual encouragement, spiritual growth, and accountability. (Ephesians 4:11-16; Colossians 3:12-25; Hebrews 10:24-25)
We believe that God cares about every need of every person and that the church, as Christ's body, is to show his love and care for every person. Every member of the church is called to be a minister of the gospel through acts of loving service and a willingness to share the truth of the gospel with everyone at every opportunity. (John 13:34-35; 1 Peter 3:15; 1 Peter 4:8)
We believe that the scope of God's love is worldwide, and this church is committed to taking the gospel to the farthest and most unreached places of the world. (Isaiah 49:6; Matthew 28:18-20; Romans 10:13-15; 1 Timothy 2:3-4)
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 | | 62 of 1031 | 8 of 145 |
| Fund acquisition rating | | 147 of 1032 | 12 of 145 |
| Resource allocation rating | | 312 of 1032 | 40 of 145 |
| Asset utilization rating | | 80 of 1031 | 14 of 145 |
Financial ratios
| Funding ratios | Sector median | 2020 | 2019 | 2018 | 2017 | 2016 |
Return on fundraising efforts Return on fundraising efforts = Fundraising expense / Total contributions | 10% | 0% | 1% | 3% | 5% | 1% |
Fundraising cost ratio Fundraising cost ratio = Fundraising expense / Total revenue | 8% | 0% | 1% | 2% | 3% | 1% |
Contributions reliance Contributions reliance = Total contributions / Total revenue | 93% | 65% | 65% | 62% | 66% | 62% |
Fundraising expense ratio Fundraising expense ratio = Fundraising expense / Total expenses | 10% | 0% | 1% | 2% | 3% | 1% |
Other revenue reliance Other revenue reliance = Total other revenue / Total revenue | 7% | 35% | 35% | 38% | 34% | 38% |
| Operating ratios | Sector median | 2020 | 2019 | 2018 | 2017 | 2016 |
Program expense ratio Program expense ratio = Program services / Total expenses | 80% | 84% | 87% | 83% | 80% | 80% |
Spending ratio Spending ratio = Total expenses / Total revenue | 85% | 89% | 103% | 104% | 96% | 110% |
Program output ratio Program output ratio = Program services / Total revenue | 68% | 75% | 89% | 87% | 77% | 88% |
Savings ratio Savings ratio = Surplus (deficit) / Total revenue | 15% | 11% | -3% | -4% | 4% | -10% |
Reserve accumulation rate Reserve accumulation rate = Surplus (deficit) / Net assets | 13% | 13% | -3% | -5% | 4% | -11% |
General and admin ratio General and admin ratio = Management and general expense / Total expenses | 9% | 16% | 12% | 15% | 16% | 19% |
| Investing ratios | Sector median | 2020 | 2019 | 2018 | 2017 | 2016 |
Total asset turnover Total asset turnover = Total expenses / Total assets | 0.55 | 1.13 | 1.27 | 1.25 | 1.13 | 1.25 |
Degree of long-term investment Degree of long-term investment = Total assets / Total current assets | 2.73 | 3.81 | 4.07 | 5.59 | 3.41 | 4.39 |
Current asset turnover Current asset turnover = Total expenses / Total current assets | 1.57 | 4.30 | 5.18 | 6.96 | 3.83 | 5.50 |
| Liquidity ratios | Sector median | 2020 | 2019 | 2018 | 2017 | 2016 |
Current ratio Current ratio = Total current assets / Total current liabilities | 14.37 | 56.85 | 32.75 | 29.22 | 68.63 | 45.13 |
Current liabilities ratio Current liabilities ratio = Total current liabilities / Total current assets | 0.07 | 0.02 | 0.03 | 0.03 | 0.01 | 0.02 |
Liquid reserve level Liquid reserve level = (Total current assets - Total current liabilities) / (Total expenses / 12) | 6.70 | 2.74 | 2.25 | 1.67 | 3.08 | 2.13 |
| Solvency ratios | Sector median | 2020 | 2019 | 2018 | 2017 | 2016 |
Liabilities ratio Liabilities ratio = Total liabilities / Total assets | 7% | 0% | 1% | 1% | 0% | 1% |
Debt ratio Debt ratio = Debt / Total assets | 1% | 0% | 0% | 0% | 0% | 0% |
Reserve coverage ratio Reserve coverage ratio = Net assets / Total expenses | 153% | 88% | 78% | 80% | 88% | 79% |
Financials
| Balance sheet | |||||
| Assets | 2020 | 2019 | 2018 | 2017 | 2016 |
| Cash | $272,140 | $221,683 | $166,296 | $286,813 | $213,114 |
| Receivables, inventories, prepaids | $0 | $0 | $0 | $0 | $0 |
| Short-term investments | $0 | $0 | $0 | $0 | $0 |
| Other current assets | $0 | $0 | $0 | $0 | $0 |
| Total current assets | $272,140 | $221,683 | $166,296 | $286,813 | $213,114 |
| Long-term investments | $0 | $0 | $0 | $0 | $0 |
| Fixed assets | $723,611 | $646,716 | $726,455 | $664,095 | $688,458 |
| Other long-term assets | $42,127 | $33,027 | $36,227 | $26,208 | $34,208 |
| Total long-term assets | $765,738 | $679,743 | $762,682 | $690,303 | $722,666 |
| Total assets | $1,037,878 | $901,426 | $928,978 | $977,116 | $935,780 |
| Liabilities | 2020 | 2019 | 2018 | 2017 | 2016 |
| Payables and accrued expenses | $4,787 | $6,768 | $5,691 | $4,179 | $4,722 |
| Other current liabilities | $0 | $0 | $0 | $0 | $0 |
| Total current liabilities | $4,787 | $6,768 | $5,691 | $4,179 | $4,722 |
| 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 | $4,787 | $6,768 | $5,691 | $4,179 | $4,722 |
| Net assets | 2020 | 2019 | 2018 | 2017 | 2016 |
| Without donor restrictions | $1,033,091 | $894,658 | $923,287 | $972,937 | $931,058 |
| With donor restrictions | $0 | $0 | $0 | $0 | $0 |
| Net assets | $1,033,091 | $894,658 | $923,287 | $972,937 | $931,058 |
| Revenues and expenses | |||||
| Revenue | 2020 | 2019 | 2018 | 2017 | 2016 |
| Total contributions | $849,730 | $729,021 | $686,857 | $757,115 | $658,803 |
| Program service revenue | $0 | $0 | $0 | $0 | $0 |
| Membership dues | $0 | $0 | $0 | $0 | $0 |
| Investment income | $0 | $0 | $0 | $954 | $2,524 |
| Other revenue | $457,949 | $391,011 | $420,534 | $383,358 | $404,858 |
| Total other revenue | $457,949 | $391,011 | $420,534 | $384,312 | $407,382 |
| Total revenue | $1,307,679 | $1,120,032 | $1,107,391 | $1,141,427 | $1,066,185 |
| Expenses | 2020 | 2019 | 2018 | 2017 | 2016 |
| Program services | $984,056 | $998,630 | $962,495 | $883,360 | $941,462 |
| Management and general | $184,742 | $140,321 | $174,996 | $178,125 | $223,019 |
| Fundraising | $448 | $9,710 | $19,550 | $38,063 | $8,304 |
| Total expenses | $1,169,246 | $1,148,661 | $1,157,041 | $1,099,548 | $1,172,785 |
| Change in net assets | 2020 | 2019 | 2018 | 2017 | 2016 |
| Surplus (deficit) | $138,433 | ($28,629) | ($49,650) | $41,879 | ($106,600) |
| Other changes in net assets | $0 | $0 | $0 | $0 | $0 |
| Total change in net assets | $138,433 | ($28,629) | ($49,650) | $41,879 | ($106,600) |
Compensation
| Name | Title | Compensation |
| Jim Jordan | Former Executive Director | $39,692 |
| Carol Miller | Former Secretary | $35,070 |
Compensation data as of: 12/31/2020
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]