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
Transparency grade
D
To understand our transparency grade, click here.
Financial efficiency ratings
Sector: Rescue Missions/Homeless Shelters
| Category | Rating | Overall rank | Sector rank |
| Overall efficiency rating | | 189 of 1118 | 27 of 141 |
| Fund acquisition rating | | 318 of 1119 | 34 of 141 |
| Resource allocation rating | | 77 of 1119 | 11 of 141 |
| Asset utilization rating | | 615 of 1118 | 83 of 141 |
Financial ratios
| Funding ratios | Sector median | 2023 | 2022 | 2021 | 2020 | 2019 |
Return on fundraising efforts Return on fundraising efforts = Fundraising expense / Total contributions | 12% | 7% | 6% | 7% | 6% | 6% |
Fundraising cost ratio Fundraising cost ratio = Fundraising expense / Total revenue | 10% | 6% | 6% | 7% | 6% | 6% |
Contributions reliance Contributions reliance = Total contributions / Total revenue | 93% | 89% | 94% | 98% | 98% | 99% |
Fundraising expense ratio Fundraising expense ratio = Fundraising expense / Total expenses | 11% | 7% | 7% | 9% | 7% | 6% |
Other revenue reliance Other revenue reliance = Total other revenue / Total revenue | 7% | 11% | 6% | 2% | 2% | 1% |
| Operating ratios | Sector median | 2023 | 2022 | 2021 | 2020 | 2019 |
Program expense ratio Program expense ratio = Program services / Total expenses | 78% | 90% | 89% | 88% | 90% | 91% |
Spending ratio Spending ratio = Total expenses / Total revenue | 93% | 88% | 82% | 78% | 86% | 96% |
Program output ratio Program output ratio = Program services / Total revenue | 73% | 79% | 73% | 69% | 78% | 87% |
Savings ratio Savings ratio = Surplus (deficit) / Total revenue | 7% | 12% | 18% | 22% | 14% | 4% |
Reserve accumulation rate Reserve accumulation rate = Surplus (deficit) / Net assets | 5% | 7% | 11% | 16% | 12% | 3% |
General and admin ratio General and admin ratio = Management and general expense / Total expenses | 9% | 3% | 4% | 3% | 3% | 3% |
| Investing ratios | Sector median | 2023 | 2022 | 2021 | 2020 | 2019 |
Total asset turnover Total asset turnover = Total expenses / Total assets | 0.53 | 0.46 | 0.44 | 0.53 | 0.67 | 0.65 |
Degree of long-term investment Degree of long-term investment = Total assets / Total current assets | 2.85 | 2.50 | 2.64 | 2.09 | 2.56 | 3.74 |
Current asset turnover Current asset turnover = Total expenses / Total current assets | 1.74 | 1.16 | 1.16 | 1.10 | 1.72 | 2.44 |
| Liquidity ratios | Sector median | 2023 | 2022 | 2021 | 2020 | 2019 |
Current ratio Current ratio = Total current assets / Total current liabilities | 11.95 | 998.96 | 9.02 | 8.80 | 5.81 | 3.24 |
Current liabilities ratio Current liabilities ratio = Total current liabilities / Total current assets | 0.08 | 0.00 | 0.11 | 0.11 | 0.17 | 0.31 |
Liquid reserve level Liquid reserve level = (Total current assets - Total current liabilities) / (Total expenses / 12) | 6.06 | 10.36 | 9.22 | 9.66 | 5.79 | 3.41 |
| Solvency ratios | Sector median | 2023 | 2022 | 2021 | 2020 | 2019 |
Liabilities ratio Liabilities ratio = Total liabilities / Total assets | 9% | 8% | 12% | 6% | 10% | 8% |
Debt ratio Debt ratio = Debt / Total assets | 0% | 8% | 8% | 0% | 3% | 0% |
Reserve coverage ratio Reserve coverage ratio = Net assets / Total expenses | 154% | 199% | 200% | 179% | 135% | 141% |
Financials
| Balance sheet | |||||
| Assets | 2023 | 2022 | 2021 | 2020 | 2019 |
| Cash | $2,058,843 | $1,904,036 | $1,980,915 | $1,360,095 | $717,254 |
| Receivables, inventories, prepaids | $11,939 | $20,506 | $10,489 | $5,229 | $4,959 |
| Short-term investments | $369,673 | $346,020 | $406,504 | $349,791 | $297,424 |
| Other current assets | $0 | $0 | $0 | $0 | $0 |
| Total current assets | $2,440,455 | $2,270,562 | $2,397,908 | $1,715,115 | $1,019,637 |
| Long-term investments | $0 | $0 | $0 | $0 | $0 |
| Fixed assets | $3,668,488 | $3,718,308 | $2,609,999 | $2,683,277 | $2,791,279 |
| Other long-term assets | $0 | $0 | $0 | $0 | $0 |
| Total long-term assets | $3,668,488 | $3,718,308 | $2,609,999 | $2,683,277 | $2,791,279 |
| Total assets | $6,108,943 | $5,988,870 | $5,007,907 | $4,398,392 | $3,810,916 |
| Liabilities | 2023 | 2022 | 2021 | 2020 | 2019 |
| Payables and accrued expenses | $2,443 | $0 | $2,135 | $7,121 | $9,309 |
| Other current liabilities | $0 | $251,855 | $270,433 | $288,107 | $304,921 |
| Total current liabilities | $2,443 | $251,855 | $272,568 | $295,228 | $314,230 |
| Debt | $467,588 | $485,683 | $0 | $138,000 | $0 |
| Due to (from) affiliates | $0 | $0 | $0 | $0 | $0 |
| Other long-term liabilities | $11,461 | $9,720 | $5,195 | $4,820 | $4,620 |
| Total long-term liabilities | $479,049 | $495,403 | $5,195 | $142,820 | $4,620 |
| Total liabilities | $481,492 | $747,258 | $277,763 | $438,048 | $318,850 |
| Net assets | 2023 | 2022 | 2021 | 2020 | 2019 |
| Without donor restrictions | $5,502,999 | $5,241,612 | $4,424,047 | $3,748,954 | $3,422,351 |
| With donor restrictions | $124,452 | $0 | $306,097 | $211,390 | $69,715 |
| Net assets | $5,627,451 | $5,241,612 | $4,730,144 | $3,960,344 | $3,492,066 |
| Revenues and expenses | |||||
| Revenue | 2023 | 2022 | 2021 | 2020 | 2019 |
| Total contributions | $2,857,803 | $2,992,918 | $3,301,625 | $3,332,171 | $2,550,651 |
| Program service revenue | $313,753 | $182,361 | $4,780 | $3,575 | $2,150 |
| Membership dues | $0 | $0 | $0 | $0 | $0 |
| Investment income | $23,547 | $8,126 | $14,424 | $23,883 | $11,867 |
| Other revenue | $6,613 | $6,421 | $57,679 | $43,969 | $23,903 |
| Total other revenue | $343,913 | $196,908 | $76,883 | $71,427 | $37,920 |
| Total revenue | $3,201,716 | $3,189,826 | $3,378,508 | $3,403,598 | $2,588,571 |
| Expenses | 2023 | 2022 | 2021 | 2020 | 2019 |
| Program services | $2,527,853 | $2,341,162 | $2,318,952 | $2,651,832 | $2,249,435 |
| Management and general | $93,048 | $92,381 | $81,925 | $75,305 | $86,316 |
| Fundraising | $201,776 | $193,818 | $240,123 | $215,071 | $147,644 |
| Total expenses | $2,822,677 | $2,627,361 | $2,641,000 | $2,942,208 | $2,483,395 |
| Change in net assets | 2023 | 2022 | 2021 | 2020 | 2019 |
| Surplus (deficit) | $379,039 | $562,465 | $737,508 | $461,390 | $105,176 |
| Other changes in net assets | $0 | $0 | $0 | $0 | $0 |
| Total change in net assets | $379,039 | $562,465 | $737,508 | $461,390 | $105,176 |
Compensation
| Name | Title | Compensation |
| Loren Steffen | Executive Di | $23,889 |
Compensation data as of: 8/31/2023
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