Mission of Hope Ministries Inc.

The information on this page was last updated 1/2/2022. If you see errors or omissions, please email: info@ministrywatch.com


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 36608-8686

Website: missionofhopeministries.net

Phone: 251-649-0830

Email: office@missionofhopeministries.net


Organization details

EIN: 630812366

CEO/President: Eric Roberts

Chairman:

Board size: 0

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

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Transparency grade

A

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Financial efficiency ratings

Sector: Rescue Missions/Homeless Shelters

CategoryRatingOverall rankSector rank
Overall efficiency rating61 of 10318 of 161
Fund acquisition rating154 of 103321 of 161
Resource allocation rating290 of 103349 of 161
Asset utilization rating98 of 103116 of 161

Financial ratios

Funding ratiosSector median20202019201820172016
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
9%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
91%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
9%35%35%38%34%38%
 
Operating ratiosSector median20202019201820172016
Program expense ratio Program expense ratio =
Program services /
Total expenses
79%84%87%83%80%80%
Spending ratio Spending ratio =
Total expenses /
Total revenue
87%89%103%104%96%110%
Program output ratio Program output ratio =
Program services /
Total revenue
69%75%89%87%77%88%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
13%11%-3%-4%4%-10%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
11%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 ratiosSector median20202019201820172016
Total asset turnover Total asset turnover =
Total expenses /
Total assets
0.551.131.271.251.131.25
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
3.023.814.075.593.414.39
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
1.744.305.186.963.835.50
 
Liquidity ratiosSector median20202019201820172016
Current ratio Current ratio =
Total current assets /
Total current liabilities
14.3056.8532.7529.2268.6345.13
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.070.020.030.030.010.02
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
5.792.742.251.673.082.13
 
Solvency ratiosSector median20202019201820172016
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
9%0%1%1%0%1%
Debt ratio Debt ratio =
Debt /
Total assets
2%0%0%0%0%0%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
150%88%78%80%88%79%

Financials

Balance sheet
 
Assets20202019201820172016
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
 
Liabilities20202019201820172016
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 assets20202019201820172016
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
 
Revenue20202019201820172016
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
 
Expenses20202019201820172016
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 assets20202019201820172016
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

NameTitleCompensation
Jim JordanFormer Executive Director$39,692
Carol MillerFormer 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 1/2/2022. To update the information below, please email: info@ministrywatch.com


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