One Mission Society, Inc.
The information on this page was last updated 2/1/2024. If you see errors or omissions, please email: [email protected]
Summary
One Mission Society is an evangelical, interdenominational faith mission that partners with more than 300 organizations and church denominations around the world for one purpose... to help fulfill the Great Commission, by seeing the Gospel of Jesus Christ spread throughout the world with the greatest number of disciples made, and seeing God glorified in all that we say and do.
One Mission Society was founded on the principle that the most effective way to share the Gospel is to train a nation's sons and daughters to lead and multiply believers and churches in their own culture and their own nation. Our strategy has stood the test of time for nearly 120 years and includes multiplying disciple-makers, churches, missionary movements, and theologically trained leaders to build up a healthy body of believers in each nation and to promote sustainability across generations.
Our compassion ministries, working together with local churches, meet tangible needs by serving as the hands and feet of Jesus. We strive to keep the message of the Gospel of Christ at the center of our efforts while encouraging the nation's people to be engaged in the process.
Contact information
Mailing address:
OMS World Head Quarters
941 Fry Road
PO Box A
Greenwood, IN 46142
Website: www.onemissionsociety.org
Phone: (317) 888-3333
Email: [email protected]
Organization details
EIN: 951891575
CEO/President: Jeff Edwards
Chairman: William Anderson
Board size: 25
Founder: Charles & Lettie Cowman & E.A. Kilbourne
Ruling year: 1941
Tax deductible: Yes
Fiscal year end: 03/31
Member of ECFA: Yes
Member of ECFA since: 1979
Purpose
Our goal is to plant seeds that will eventually harvest into sustainable missionary movements from anywhere to everywhere, even in the darkest unreached places.
We believe the power of the Gospel in the hands of disciple-makers will transform all nations.
Our vision is to reach at least one billion people with the Gospel by 2026. You can make a difference in this global effort to multiply disciples, churches, missionaries, and leaders.
Mission statement
By God's grace, One Mission Society exists to establish responsible, reproducing, Christ-centered churches among the nations.
Statement of faith
Scripture - The Bible is the fully and uniquely inspired, written Word of God. Without error in the original documents, it is our sufficient and final authority for faith and practice.
God - God, the Father, is the first person of the triune godhead. The one true and living God is the Creator, sovereign ruler and preserver of all things, whether visible or invisible.
Jesus Christ - Jesus Christ is the second person of the triune godhead. Conceived by the Holy Spirit and born of the Virgin Mary, Jesus was fully God and fully man. His sinless life and death on the cross paid the penalty for our sins. He arose bodily from the grave and is now enthroned at the right hand of the Father in heaven. We believe that Jesus Christ will return personally and visibly, and reign in power and glory, to complete his salvation and his judgment.
Holy Spirit - The Holy Spirit is the third person of the triune godhead, equal in substance with the Father and the Son, whose ministry is to glorify Jesus Christ, convict the world of sin, regenerate those who repent and believe, sanctify and empower true believers for godly living and service.
Man, Free-will and Sin - God created man in His own image with the ability to choose between right and wrong. By his free choice, Adam rebelled against God, fell from his original state and received a sinful nature that each succeeding generation has inherited. Through Jesus Christ, God freely offers grace to all mankind, enabling all who turn to Him to receive pardon and cleansing from sin.
Atonement - Jesus Christ made a full payment for the sins of the whole world by shedding His own blood upon the cross as a perfect and sufficient sacrifice.
New Birth - When a person responds to the convicting work of the Holy Spirit and trusts in Christ for salvation, that person experiences spiritual rebirth.
Fullness of the Spirit - The fullness of the Spirit is a biblical term used to describe that work of grace in the heart of the believer subsequent to the new birth. This infilling of the Spirit is a definite experience of cleansing and empowering, which is referred to as sanctification. The progressive aspect of sanctification is that process of growth in Christian maturity, Christlikeness and practical godliness which result from walking obediently.
Divine Healing - It is the privilege of the believer to ask God to heal those who are sick, for the Lord is interested in our physical body. It may not always be God's will to heal.
Resurrection, Heaven and Hell - There will be a resurrection of the body for both the saved and unsaved dead. For those who are saved, they will be in the immediate presence of God. For those who are not saved, they will be cast into the lake of fire or hell.
The Church and its Unity - The Church is the universal body of Christ composed of all true believers in Christ, with Christ as its head. All true Christians are members of one another and should love one another, build each other up in the faith and obey Christ's Great Commission by reaching the whole world with the Gospel of Jesus Christ.
Donor confidence score
This organization does not file a Form 990.
Show donor confidence score detailsTransparency grade
C
To understand our transparency grade, click here.
Financial efficiency ratings
Sector: Foreign Missions
Category | Rating | Overall rank | Sector rank |
Overall efficiency rating | 1039 of 1095 | 128 of 134 | |
Fund acquisition rating | 884 of 1096 | 105 of 134 | |
Resource allocation rating | 869 of 1096 | 106 of 134 | |
Asset utilization rating | 1020 of 1095 | 126 of 134 |
Financial ratios
Funding ratios | Sector median | 2021 | 2020 | 2019 | 2018 | 2017 |
Return on fundraising efforts Return on fundraising efforts = Fundraising expense / Total contributions | 6% | 11% | 11% | 11% | 10% | 9% |
Fundraising cost ratio Fundraising cost ratio = Fundraising expense / Total revenue | 5% | 9% | 10% | 8% | 8% | 8% |
Contributions reliance Contributions reliance = Total contributions / Total revenue | 98% | 86% | 93% | 76% | 72% | 85% |
Fundraising expense ratio Fundraising expense ratio = Fundraising expense / Total expenses | 5% | 8% | 8% | 7% | 8% | 7% |
Other revenue reliance Other revenue reliance = Total other revenue / Total revenue | 2% | 14% | 7% | 24% | 28% | 15% |
Operating ratios | Sector median | 2021 | 2020 | 2019 | 2018 | 2017 |
Program expense ratio Program expense ratio = Program services / Total expenses | 85% | 80% | 78% | 78% | 78% | 79% |
Spending ratio Spending ratio = Total expenses / Total revenue | 99% | 120% | 120% | 113% | 95% | 113% |
Program output ratio Program output ratio = Program services / Total revenue | 85% | 96% | 94% | 88% | 75% | 89% |
Savings ratio Savings ratio = Surplus (deficit) / Total revenue | 1% | -20% | -20% | -13% | 5% | -13% |
Reserve accumulation rate Reserve accumulation rate = Surplus (deficit) / Net assets | 2% | -4% | -5% | -3% | 1% | -3% |
General and admin ratio General and admin ratio = Management and general expense / Total expenses | 9% | 12% | 14% | 14% | 14% | 14% |
Investing ratios | Sector median | 2021 | 2020 | 2019 | 2018 | 2017 |
Total asset turnover Total asset turnover = Total expenses / Total assets | 1.34 | 0.20 | 0.27 | 0.29 | 0.26 | 0.27 |
Degree of long-term investment Degree of long-term investment = Total assets / Total current assets | 1.27 | 1.90 | 1.97 | 2.02 | 1.92 | 1.88 |
Current asset turnover Current asset turnover = Total expenses / Total current assets | 2.14 | 0.38 | 0.54 | 0.58 | 0.50 | 0.51 |
Liquidity ratios | Sector median | 2021 | 2020 | 2019 | 2018 | 2017 |
Current ratio Current ratio = Total current assets / Total current liabilities | 18.04 | 16.58 | 12.23 | 12.63 | 11.41 | 10.92 |
Current liabilities ratio Current liabilities ratio = Total current liabilities / Total current assets | 0.05 | 0.06 | 0.08 | 0.08 | 0.09 | 0.09 |
Liquid reserve level Liquid reserve level = (Total current assets - Total current liabilities) / (Total expenses / 12) | 5.29 | 29.64 | 20.44 | 19.21 | 21.74 | 21.30 |
Solvency ratios | Sector median | 2021 | 2020 | 2019 | 2018 | 2017 |
Liabilities ratio Liabilities ratio = Total liabilities / Total assets | 7% | 6% | 11% | 8% | 7% | 9% |
Debt ratio Debt ratio = Debt / Total assets | 0% | 0% | 0% | 0% | 0% | 0% |
Reserve coverage ratio Reserve coverage ratio = Net assets / Total expenses | 68% | 468% | 323% | 322% | 353% | 332% |
Financials
Balance sheet | |||||
Assets | 2021 | 2020 | 2019 | 2018 | 2017 |
Cash | $6,322,867 | $6,293,868 | $4,486,089 | $4,568,861 | $6,104,229 |
Receivables, inventories, prepaids | $15,446,354 | $16,145,941 | $15,705,242 | $14,470,751 | $13,547,746 |
Short-term investments | $43,464,853 | $30,989,026 | $32,756,191 | $38,594,891 | $35,732,597 |
Other current assets | $0 | $0 | $0 | $0 | $0 |
Total current assets | $65,234,074 | $53,428,835 | $52,947,522 | $57,634,503 | $55,384,572 |
Long-term investments | $24,443,652 | $17,781,667 | $19,370,737 | $20,531,343 | $19,108,743 |
Fixed assets | $27,543,986 | $27,485,206 | $28,229,192 | $26,017,463 | $23,243,648 |
Other long-term assets | $6,919,916 | $6,336,515 | $6,276,553 | $6,285,647 | $6,135,044 |
Total long-term assets | $58,907,554 | $51,603,388 | $53,876,482 | $52,834,453 | $48,487,435 |
Total assets | $124,141,628 | $105,032,223 | $106,824,004 | $110,468,956 | $103,872,007 |
Liabilities | 2021 | 2020 | 2019 | 2018 | 2017 |
Payables and accrued expenses | $3,618,096 | $4,062,872 | $3,585,071 | $3,742,034 | $3,259,050 |
Other current liabilities | $315,470 | $306,024 | $606,347 | $1,309,197 | $1,810,824 |
Total current liabilities | $3,933,566 | $4,368,896 | $4,191,418 | $5,051,231 | $5,069,874 |
Debt | $0 | $0 | $0 | $0 | $0 |
Due to (from) affiliates | $0 | $0 | $0 | $0 | $0 |
Other long-term liabilities | $4,060,284 | $7,587,523 | $4,550,027 | $2,890,122 | $4,592,515 |
Total long-term liabilities | $4,060,284 | $7,587,523 | $4,550,027 | $2,890,122 | $4,592,515 |
Total liabilities | $7,993,850 | $11,956,419 | $8,741,445 | $7,941,353 | $9,662,389 |
Net assets | 2021 | 2020 | 2019 | 2018 | 2017 |
Without donor restrictions | $90,826,851 | $67,694,426 | $74,094,974 | $78,027,847 | $71,190,796 |
With donor restrictions | $25,320,927 | $25,381,378 | $23,415,060 | $24,499,756 | $23,018,822 |
Net assets | $116,147,778 | $93,075,804 | $98,082,559 | $102,527,603 | $94,209,618 |
Revenues and expenses | |||||
Revenue | 2021 | 2020 | 2019 | 2018 | 2017 |
Total contributions | $17,749,435 | $22,132,672 | $20,669,732 | $21,854,136 | $21,411,554 |
Program service revenue | $2,442,771 | $1,772,544 | $1,536,542 | $2,632,679 | $2,827,962 |
Membership dues | $0 | $0 | $0 | $0 | $0 |
Investment income | $417,092 | $0 | $0 | $0 | $897,426 |
Other revenue | $0 | $0 | $4,830,297 | $5,923,994 | $0 |
Total other revenue | $2,859,863 | $1,772,544 | $6,366,839 | $8,556,673 | $3,725,388 |
Total revenue | $20,609,298 | $23,905,216 | $27,036,571 | $30,410,809 | $25,136,942 |
Expenses | 2021 | 2020 | 2019 | 2018 | 2017 |
Program services | $19,878,517 | $22,502,336 | $23,843,169 | $22,774,555 | $22,265,305 |
Management and general | $3,014,002 | $3,928,824 | $4,408,928 | $3,970,608 | $4,085,564 |
Fundraising | $1,923,926 | $2,369,730 | $2,198,572 | $2,282,869 | $1,997,844 |
Total expenses | $24,816,445 | $28,800,890 | $30,450,669 | $29,028,032 | $28,348,713 |
Change in net assets | 2021 | 2020 | 2019 | 2018 | 2017 |
Surplus (deficit) | ($4,207,147) | ($4,895,674) | ($3,414,098) | $1,382,777 | ($3,211,771) |
Other changes in net assets | $19,424,498 | ($4,582,759) | ($1,603,471) | $6,935,208 | $5,610,397 |
Total change in net assets | $15,217,351 | ($9,478,433) | ($5,017,569) | $8,317,985 | $2,398,626 |
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 2/1/2024. To update the information below, please email: [email protected]
History
Our story began in 1901, when two telegraph operators, Charles Cowman and Ernest Kilbourne, moved from Chicago to Japan to work alongside Japanese evangelist Juji Nakada. Together, their vision was to share the Good News of Jesus Christ with every person in Japan, forming what is now known as One Mission Society. Nearly 120 years later, the One Mission continues in more than 70 countries and in more than 45 languages.
Our current ministry strategy follows the innovative vision of our founders, and includes multiplying disciple-makers, churches, leaders, and missionary movements. Our goal is to train and equip the sons and daughters of a nation to reach their own people for Christ, and then to partner with them to reach everyone in the world.
Program accomplishments
OMS partners with more than 77,000 national coworkers to plant nearly 6,000 worshiping groups (churches) each year. Together, with our 170-plus partners in the Billion. Global network, we have reached more than 400 million people over the past six years to give each person at least one opportunity to hear, understand, and believe the Good News of Jesus Christ.