Meherrin on Mission

The information on this page was last updated 1/18/2024. If you see errors or omissions, please email: [email protected]


Summary

Meherrin On Mission is solely focused on seeing the lives of people impacted through the life-changing power of Jesus Christ. MOM will serve in three areas: mission projects, disaster relief & educational scholarships


Contact information

Mailing address:
Meherrin on Mission
413 Main Street
Severn, NC 27877

Website: www.meherrinonmission.org

Phone: (252) 585-1744

Email: [email protected]


Organization details

EIN: 821808191

CEO/President: Daniel Varian

Chairman:

Board size: 6

Founder:

Ruling year: 2017

Tax deductible: Yes

Fiscal year end: 12/31

Member of ECFA: No

Member of ECFA since:


Purpose

We strive to meet immediate physical needs, while emphasizing internal transformation for lasting hope and positive impact on others. Our motivation is to demonstratethe non-discriminatory love of Jesus Christ during times of crisis.


Mission statement

Meherrin on Mission's goal is to impact individuals through the life-changing power of Jesus Christ.


Statement of faith

Donor confidence score

Show donor confidence score details

Transparency grade

D

To understand our transparency grade, click here.


Financial efficiency ratings

Sector: Relief and Development

CategoryRatingOverall rankSector rank
Overall efficiency rating133 of 110210 of 86
Fund acquisition rating40 of 11031 of 86
Resource allocation rating38 of 11034 of 86
Asset utilization rating747 of 110259 of 86

Financial ratios

Funding ratiosSector median20222021
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
6%0%0%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
6%0%0%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
99%108%102%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
6%0%0%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
1%-8%-2%
 
Operating ratiosSector median20222021
Program expense ratio Program expense ratio =
Program services /
Total expenses
86%99%97%
Spending ratio Spending ratio =
Total expenses /
Total revenue
97%105%12%
Program output ratio Program output ratio =
Program services /
Total revenue
82%104%11%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
3%-5%88%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
6%-4%95%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
6%1%3%
 
Investing ratiosSector median20222021
Total asset turnover Total asset turnover =
Total expenses /
Total assets
1.510.840.13
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
1.241.001.00
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
1.900.840.13
 
Liquidity ratiosSector median20222021
Current ratio Current ratio =
Total current assets /
Total current liabilities
17.010.000.00
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.060.000.00
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
5.6414.3294.78
 
Solvency ratiosSector median20222021
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
8%0%0%
Debt ratio Debt ratio =
Debt /
Total assets
0%0%0%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
59%119%790%

Financials

Balance sheet
 
Assets20222021
Cash$407,847$591,134
Receivables, inventories, prepaids$0$0
Short-term investments$0$0
Other current assets$0$0
Total current assets$407,847$591,134
Long-term investments$0$0
Fixed assets$0$0
Other long-term assets$0$0
Total long-term assets$0$0
Total assets$407,847$591,134
 
Liabilities20222021
Payables and accrued expenses$0$0
Other current liabilities$0$0
Total current liabilities$0$0
Debt$0$0
Due to (from) affiliates$0$0
Other long-term liabilities$0$0
Total long-term liabilities$0$0
Total liabilities$0$0
 
Net assets20222021
Without donor restrictions$0$0
With donor restrictions$0$0
Net assets$407,847$591,134
 
Revenues and expenses
 
Revenue20222021
Total contributions$353,340$648,152
Program service revenue$0$0
Membership dues$0$0
Investment income$0$0
Other revenue($27,640)($11,389)
Total other revenue($27,640)($11,389)
Total revenue$325,700$636,763
 
Expenses20222021
Program services$339,712$72,840
Management and general$2,149$2,003
Fundraising$0$0
Total expenses$341,861$74,843
 
Change in net assets20222021
Surplus (deficit)($16,161)$561,920
Other changes in net assets$0$0
Total change in net assets($16,161)$561,920

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 1/18/2024. To update the information below, please email: [email protected]


History

Meherrin On Mission was established in 2017 as a 501(c)(3) nonprofit corporation. MOM is solely focused on seeing the lives of people impacted through the life-changing power of Jesus Christ. MOM will serve in three areas: mission projects, disaster relief and educational scholarships.


Program accomplishments


Needs