MANNA Worldwide
The information on this page was last updated 2/6/2024. If you see errors or omissions, please email: [email protected]
Summary
MANNA Worldwide has a passion for helping needy children and their families around the world. Through partnerships with churches, missionaries, individuals, businesses, and local governments around the world, MANNA is able to provide food, clothing, medical assistance, educational assistance, and spiritual guidance to those marginalized by society.
Contact information
Mailing address:
MANNA Worldwide
4255 West Risinger Road
Fort Worth, TX 76123
Website: mannaworldwide.com
Phone: 817-346-3641
Email: [email protected]
Organization details
EIN: 752931604
CEO/President: Keith O'Neal
Chairman: Guy Conn
Board size: 17
Founder: Bruce O'Neal
Ruling year: 2002
Tax deductible: Yes
Fiscal year end: 12/31
Member of ECFA: Yes
Member of ECFA since: 2010
Purpose
Our objective is not just to feed people for a season, but develop communities toward a more complete way of life.
Mission statement
We're on a mission to rescue children from the grip of poverty.
Statement of faith
Donor confidence score
Show donor confidence score detailsTransparency grade
A
To understand our transparency grade, click here.
Financial efficiency ratings
Sector: Relief and Development
Category | Rating | Overall rank | Sector rank |
Overall efficiency rating | 373 of 1102 | 31 of 96 | |
Fund acquisition rating | 100 of 1103 | 9 of 96 | |
Resource allocation rating | 338 of 1103 | 24 of 96 | |
Asset utilization rating | 920 of 1102 | 79 of 96 |
Financial ratios
Funding ratios | Sector median | 2022 | 2021 | 2020 | 2019 | 2018 |
Return on fundraising efforts Return on fundraising efforts = Fundraising expense / Total contributions | 6% | 0% | 5% | 6% | 3% | 5% |
Fundraising cost ratio Fundraising cost ratio = Fundraising expense / Total revenue | 6% | 0% | 5% | 6% | 3% | 4% |
Contributions reliance Contributions reliance = Total contributions / Total revenue | 99% | 91% | 93% | 96% | 97% | 97% |
Fundraising expense ratio Fundraising expense ratio = Fundraising expense / Total expenses | 6% | 0% | 5% | 6% | 3% | 4% |
Other revenue reliance Other revenue reliance = Total other revenue / Total revenue | 1% | 9% | 7% | 4% | 3% | 3% |
Operating ratios | Sector median | 2022 | 2021 | 2020 | 2019 | 2018 |
Program expense ratio Program expense ratio = Program services / Total expenses | 86% | 92% | 91% | 90% | 94% | 90% |
Spending ratio Spending ratio = Total expenses / Total revenue | 100% | 89% | 88% | 93% | 99% | 97% |
Program output ratio Program output ratio = Program services / Total revenue | 87% | 82% | 80% | 84% | 92% | 88% |
Savings ratio Savings ratio = Surplus (deficit) / Total revenue | 0% | 11% | 12% | 7% | 1% | 3% |
Reserve accumulation rate Reserve accumulation rate = Surplus (deficit) / Net assets | 0% | 16% | 16% | 9% | 3% | 5% |
General and admin ratio General and admin ratio = Management and general expense / Total expenses | 6% | 8% | 4% | 4% | 3% | 5% |
Investing ratios | Sector median | 2022 | 2021 | 2020 | 2019 | 2018 |
Total asset turnover Total asset turnover = Total expenses / Total assets | 1.51 | 1.18 | 1.17 | 1.16 | 1.90 | 1.77 |
Degree of long-term investment Degree of long-term investment = Total assets / Total current assets | 1.23 | 3.65 | 5.50 | 5.81 | 3.23 | 2.34 |
Current asset turnover Current asset turnover = Total expenses / Total current assets | 1.90 | 4.29 | 6.43 | 6.74 | 6.13 | 4.15 |
Liquidity ratios | Sector median | 2022 | 2021 | 2020 | 2019 | 2018 |
Current ratio Current ratio = Total current assets / Total current liabilities | 15.58 | 11.25 | 25.59 | 47.81 | 22.72 | 2544.12 |
Current liabilities ratio Current liabilities ratio = Total current liabilities / Total current assets | 0.06 | 0.09 | 0.04 | 0.02 | 0.04 | 0.00 |
Liquid reserve level Liquid reserve level = (Total current assets - Total current liabilities) / (Total expenses / 12) | 5.53 | 2.55 | 1.79 | 1.74 | 1.87 | 2.89 |
Solvency ratios | Sector median | 2022 | 2021 | 2020 | 2019 | 2018 |
Liabilities ratio Liabilities ratio = Total liabilities / Total assets | 8% | 8% | 3% | 4% | 1% | 0% |
Debt ratio Debt ratio = Debt / Total assets | 0% | 0% | 0% | 0% | 0% | 0% |
Reserve coverage ratio Reserve coverage ratio = Net assets / Total expenses | 59% | 78% | 83% | 83% | 52% | 56% |
Financials
Balance sheet | |||||
Assets | 2022 | 2021 | 2020 | 2019 | 2018 |
Cash | $1,648,208 | $914,939 | $686,282 | $1,096,955 | $1,475,464 |
Receivables, inventories, prepaids | $120,865 | $23,274 | $67,563 | $103,334 | $114,614 |
Short-term investments | $0 | $0 | $0 | $0 | $0 |
Other current assets | $0 | $0 | $0 | $0 | $0 |
Total current assets | $1,769,073 | $938,213 | $753,845 | $1,200,289 | $1,590,078 |
Long-term investments | $1,389,649 | $1,349,174 | $1,309,878 | $1,271,726 | $1,234,355 |
Fixed assets | $2,940,368 | $2,748,855 | $2,133,197 | $1,393,174 | $882,838 |
Other long-term assets | $349,679 | $124,106 | $181,205 | $12,429 | $20,151 |
Total long-term assets | $4,679,696 | $4,222,135 | $3,624,280 | $2,677,329 | $2,137,344 |
Total assets | $6,448,769 | $5,160,348 | $4,378,125 | $3,877,618 | $3,727,422 |
Liabilities | 2022 | 2021 | 2020 | 2019 | 2018 |
Payables and accrued expenses | $40,379 | $36,657 | $15,767 | $52,825 | $625 |
Other current liabilities | $116,873 | $0 | $0 | $0 | $0 |
Total current liabilities | $157,252 | $36,657 | $15,767 | $52,825 | $625 |
Debt | $0 | $0 | $0 | $0 | $0 |
Due to (from) affiliates | $0 | $0 | $0 | $0 | $0 |
Other long-term liabilities | $343,023 | $138,648 | $170,999 | $0 | $0 |
Total long-term liabilities | $343,023 | $138,648 | $170,999 | $0 | $0 |
Total liabilities | $500,275 | $175,305 | $186,766 | $52,825 | $625 |
Net assets | 2022 | 2021 | 2020 | 2019 | 2018 |
Without donor restrictions | $5,948,494 | $4,985,043 | $4,191,359 | $3,824,793 | $3,726,797 |
With donor restrictions | $0 | $0 | $0 | $0 | $0 |
Net assets | $5,948,494 | $4,985,043 | $4,191,359 | $3,824,793 | $3,726,797 |
Revenues and expenses | |||||
Revenue | 2022 | 2021 | 2020 | 2019 | 2018 |
Total contributions | $7,736,148 | $6,332,165 | $5,254,924 | $7,235,432 | $6,584,722 |
Program service revenue | $757,613 | $457,221 | $151,587 | $181,994 | $183,337 |
Membership dues | $0 | $0 | $0 | $0 | $0 |
Investment income | $40,183 | $39,967 | $39,569 | $41,853 | $35,632 |
Other revenue | $0 | $0 | $0 | $0 | $0 |
Total other revenue | $797,796 | $497,188 | $191,156 | $223,847 | $218,969 |
Total revenue | $8,533,944 | $6,829,353 | $5,446,080 | $7,459,279 | $6,803,691 |
Expenses | 2022 | 2021 | 2020 | 2019 | 2018 |
Program services | $6,975,587 | $5,476,541 | $4,567,197 | $6,890,472 | $5,954,128 |
Management and general | $617,879 | $240,708 | $199,073 | $252,126 | $354,666 |
Fundraising | $0 | $318,420 | $313,244 | $218,685 | $297,257 |
Total expenses | $7,593,466 | $6,035,669 | $5,079,514 | $7,361,283 | $6,606,051 |
Change in net assets | 2022 | 2021 | 2020 | 2019 | 2018 |
Surplus (deficit) | $940,478 | $793,684 | $366,566 | $97,996 | $197,640 |
Other changes in net assets | $0 | $0 | $0 | $0 | $0 |
Total change in net assets | $940,478 | $793,684 | $366,566 | $97,996 | $197,640 |
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 2/6/2024. To update the information below, please email: [email protected]