Olympia Union Gospel Mission

The information on this page was last updated 7/6/2023. If you see errors or omissions, please email: [email protected]


Summary

The Olympia Union Gospel Mission provides physical, emotional and spiritual support to those in crisis.


Contact information

Mailing address:
Olympia Union Gospel Mission
PO Box 7668
Olympia, WA 98507

Website: ougm.org

Phone: 360-709-9725

Email: [email protected]


Organization details

EIN: 911680748

CEO/President: Loren Steffen

Chairman: Andrew Christensen

Board size: 6

Founder:

Ruling year: 1996

Tax deductible: Yes

Fiscal year end: 08/31

Member of ECFA: No

Member of ECFA since:


Purpose

We carry out our ministry to share the love of Jesus Christ in practical ways by meeting the needs for discipleship, food, shelter, dental care, limited health care, life skills training, addiction recovery, household goods and personal effects, benevolence, education and job training, domestic abuse intervention, and developing and maintaining partnerships with individuals, organizations and churches.

Our vision is that OUGM is the voice of hope to the lost, the young and elderly, to those in bondage to drugs and alcohol and to the broken-hearted in our community of Thurston County through the life transforming teaching of God's Word. We compassionately touch the lives of those in physical and emotional pain through the restorative care of counseling, dental and vision services. Our desire is to provide a safe haven and a listening ear to all in need of food, clothing and shelter. We are committed to being the hands, feet and voice of Christ, making His appeal of reconciliation through our words and deeds. We are Christ's ambassadors gathered from the local churches to show our community God's love and share His message.


Mission statement

The OUGM exists as an Evangelical Christian Rescue Mission, serving Thurston County, to share the good news of life in Jesus Christ by meeting the physical, mental and spiritual needs of individuals in crisis.


Statement of faith

We believe

The Bible to be the inspired, infallible, authoritative Word of God and the sole and final authority in all matters of faith and conduct.

There is one God, eternally existent in three Persons: Father, Son and Holy Spirit.

In the deity of our Lord Jesus Christ, in His virgin birth, in His sinless life, in His miracles, in His vicarious and atoning death, through His shed blood, in His bodily resurrection, in His ascension to the right hand of the Father, and in His personal return in power and glory.

That for the salvation of lost and sinful men, regeneration by the Holy Spirit is absolutely essential. This event we hold to be an experience, rather than a doctrinal supposition.

In the present ministry of the Holy Spirit by whose indwelling the Christian is enabled to live a Godly life.

In the bodily resurrection of the just and unjust, the everlasting blessedness of the saved, and the everlasting conscious punishment of the lost.

That the true Church comprises all who have been justified by God's grace through faith alone, in Christ alone. They are united by the Holy Spirit in the Body of Christ, of which He is the Head.

Donor confidence score

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Transparency grade

D

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Financial efficiency ratings

Sector: Rescue Missions/Homeless Shelters

CategoryRatingOverall rankSector rank
Overall efficiency rating206 of 111028 of 141
Fund acquisition rating287 of 111125 of 141
Resource allocation rating114 of 111114 of 141
Asset utilization rating644 of 111089 of 141

Financial ratios

Funding ratiosSector median20222021202020192018
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
12%6%7%6%6%7%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
10%6%7%6%6%7%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
93%94%98%98%99%99%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
11%7%9%7%6%8%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
7%6%2%2%1%1%
 
Operating ratiosSector median20222021202020192018
Program expense ratio Program expense ratio =
Program services /
Total expenses
78%89%88%90%91%90%
Spending ratio Spending ratio =
Total expenses /
Total revenue
90%82%78%86%96%91%
Program output ratio Program output ratio =
Program services /
Total revenue
71%73%69%78%87%81%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
10%18%22%14%4%9%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
6%11%16%12%3%8%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
9%4%3%3%3%3%
 
Investing ratiosSector median20222021202020192018
Total asset turnover Total asset turnover =
Total expenses /
Total assets
0.520.440.530.670.650.68
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
2.862.642.092.563.744.37
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
1.691.161.101.722.442.97
 
Liquidity ratiosSector median20222021202020192018
Current ratio Current ratio =
Total current assets /
Total current liabilities
13.679.028.805.813.242.61
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.070.110.110.170.310.38
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
6.459.229.665.793.412.50
 
Solvency ratiosSector median20222021202020192018
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
9%12%6%10%8%9%
Debt ratio Debt ratio =
Debt /
Total assets
0%8%0%3%0%0%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
157%200%179%135%141%134%

Financials

Balance sheet
 
Assets20222021202020192018
Cash$1,904,036$1,980,915$1,360,095$717,254$545,529
Receivables, inventories, prepaids$20,506$10,489$5,229$4,959$4,297
Short-term investments$346,020$406,504$349,791$297,424$298,794
Other current assets$0$0$0$0$0
Total current assets$2,270,562$2,397,908$1,715,115$1,019,637$848,620
Long-term investments$0$0$0$0$0
Fixed assets$3,718,308$2,609,999$2,683,277$2,791,279$2,861,176
Other long-term assets$0$0$0$0$0
Total long-term assets$3,718,308$2,609,999$2,683,277$2,791,279$2,861,176
Total assets$5,988,870$5,007,907$4,398,392$3,810,916$3,709,796
 
Liabilities20222021202020192018
Payables and accrued expenses$0$2,135$7,121$9,309$4,129
Other current liabilities$251,855$270,433$288,107$304,921$320,916
Total current liabilities$251,855$272,568$295,228$314,230$325,045
Debt$485,683$0$138,000$0$0
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$9,720$5,195$4,820$4,620$4,245
Total long-term liabilities$495,403$5,195$142,820$4,620$4,245
Total liabilities$747,258$277,763$438,048$318,850$329,290
 
Net assets20222021202020192018
Without donor restrictions$5,241,612$4,424,047$3,748,954$3,422,351$3,276,162
With donor restrictions$0$306,097$211,390$69,715$104,344
Net assets$5,241,612$4,730,144$3,960,344$3,492,066$3,380,506
 
Revenues and expenses
 
Revenue20222021202020192018
Total contributions$2,992,918$3,301,625$3,332,171$2,550,651$2,755,321
Program service revenue$182,361$4,780$3,575$2,150$800
Membership dues$0$0$0$0$0
Investment income$8,126$14,424$23,883$11,867$10,163
Other revenue$6,421$57,679$43,969$23,903$13,085
Total other revenue$196,908$76,883$71,427$37,920$24,048
Total revenue$3,189,826$3,378,508$3,403,598$2,588,571$2,779,369
 
Expenses20222021202020192018
Program services$2,341,162$2,318,952$2,651,832$2,249,435$2,256,928
Management and general$92,381$81,925$75,305$86,316$68,679
Fundraising$193,818$240,123$215,071$147,644$191,378
Total expenses$2,627,361$2,641,000$2,942,208$2,483,395$2,516,985
 
Change in net assets20222021202020192018
Surplus (deficit)$562,465$737,508$461,390$105,176$262,384
Other changes in net assets$0$0$0$0$0
Total change in net assets$562,465$737,508$461,390$105,176$262,384

Compensation

NameTitleCompensation
Loren SteffenExecutive Di$23,378

Compensation data as of: 8/31/2022


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 7/6/2023. To update the information below, please email: [email protected]


History

The Olympia Union Gospel Mission began its work with the homeless and needy in 1995 through a street ministry outreach. Sandwiches and hot drinks were offered in an atmosphere of love and acceptance. Our goal was and still is to share God's love in practical ways.

Today, the Olympia Union Gospel Mission has numerous programs. Hundreds of men and women are served each week and OUGM is still sharing God's love in practical ways. At the same time, we work to help individuals break the cycle of homelessness and poverty.

Meals, hygiene and addiction recovery services are ways we reach out to make a difference in people's lives. Hot meals is one of the most powerful tools for sharing the Gospel with people in need because food is a tangible way to show God's love (Luke 10:27).


Program accomplishments


Needs

Ongoing Needs:

Dental: good quality, soft toothbrushes

Hygiene Supplies: Women's hygiene, deodorant, underwear (men boxers sizes 30-38 & women all sizes), socks, conditioner, razors, shaving cream, wash clothes.

Street Ministry: Tents, sleeping bags, tarps, backpacks, duffle bag, men's pants (32-36 waist), women's pants (3-15 size), hoodies, boots, sweatshirts & sweatpants

Kitchen: #10 cans of fruits and vegetables, fresh produce