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Mission Possible, Inc.

Rating
Sector:

Foreign Missions

Total
Revenue:

$792,232

Total
Expenses:

$669,373

Net
Assets:

$1,252,064
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Profile Contents

Research Analysis
Financial Information

Ministry Pie Chart

Database Avg This Ministry
Program 83.7% 63.8%
General & Admin 12.6% 12.6%
Fundraising 6.8% 9.9%
Savings -4.3% 15.5%


Ministry Pie Chart

Ministry Pie Chart

Age Size Box:

>50
Yr(s)25-50
<25
<$1m$1m-
$5m
>$5m

Summary

Mission Possible ("MP") is a Christian nonprofit mission to the people of Haiti and the Dominican Republic. The Child Sponsorship Program is the backbone of Mission Possible. Through their sponsorship program, MP gives practical assistance to some of the World’s poorest children. In the Dominican Republic, Mission Possible partners with established local churches and uses MP missions teams to assist local ministry efforts. Mission Possible operates via a Joint Ministry Agreement - Mission Possible Canada, Mission Possible United States and Mission Possible International for the field operations. This organization is a nonprofit. Contributions to it are fully tax deductible to the extent allowed by law. It is a member of the Evangelical Council for Financial Accountability (ECFA).

Contact Information: [ Back to top ]

Mailing Address:PO Box 1026 (124 W. Front Street 45840)
Findlay, OH
45839-1026
Website: www.ourmissionispossible.org
Phone:(419) 422-3364
Email:You need to enable javascript to see the email

Organization Details [ Back to top ]

EIN: 341290940
CEO/President: Mr. Kurt Bishop Tax Deductible: Yes
Chairman: Mr. Bruce Feeney Fiscal Year End: June 30
Board Size: 11 Financial info from: 990
Founder: Mr. Jack Snyder Member of ECFA: Yes
Year Founded: 1979 Member of ECFA since: 1997

Purpose [ Back to top ]

Mission Possible ("MP") is a Christian nonprofit mission to the people of Haiti and the Dominican Republic. The Child Sponsorship Program is the backbone of Mission Possible. Through their sponsorship program, MP gives practical assistance to some of the World’s poorest children. In the Dominican Republic, Mission Possible partners with established local churches and uses MP missions teams to assist local ministry efforts. Mission Possible operates via a Joint Ministry Agreement - Mission Possible Canada, Mission Possible United States and Mission Possible International for the field operations. This organization is a nonprofit. Contributions to it are fully tax deductible to the extent allowed by law. It is a member of the Evangelical Council for Financial Accountability (ECFA).

Mission Statement [ Back to top ]

Mission Possible uses the following to communicate its mission:

Equipping a New Generation of Christ-Centered Leaders for the Harvest

Program Accomplishments [ Back to top ]

  • Mission Possible runs Christian schools in Haiti and the Dominican Republic (over 2,600 students).
  • Nutritious meals are served in their school feeding programs.
  • National pastors and lay leaders attend Mission Possible’s Bible School to minister to their own people more effectively.
  • Disaster relief efforts.
  • Mission outreach teams to Haiti and the Dominican Republic (Youth and Adult).
  • Young adults attend Mission Possible’s Vocational School to learn a trade in order to support their families.
  • Mission Possible has started a school nurse program to minister to the physical needs of its students.

Statement of Faith [ Back to top ]

Mission Possible uses the following to express its Statement of Faith:

  • We believe the Bible to be the inspired, the only infallible, authoritative Word of God.
  • We believe that there is one God, eternally existent in three persons: Father, Son and Holy Spirit.
  • We believe 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.
  • We believe that, for the salvation of the lost and sinful man, regeneration by the Holy Spirit is absolutely essential.
  • We believe in the present ministry of the Holy Spirit by whose indwelling the Christian is enabled to live a godly life.
  • We believe in the resurrection of both the saved and the lost; they that are saved unto the resurrection of life and they that are lost unto the resurrection of damnation.
  • We believe in the spiritual unity of believers in our Lord Jesus Christ, with equality across racial, gender, and class differences.

History [ Back to top ]

In 1969 Jack Snyder, founder of Mission Possible, along with his evangelistic mentor, James McKeegan, went on a Christian outreach to Haiti. Jack Snyder was deeply moved by the situation of the people. Initially he and his wife, Bettie, worked to raise funds to build churches. In April 1979, the Lord enabled the Snyders to form Mission Possible ("MP"). In 1980, Mission Possible Canada was formed as a sister ministry.

MP began with a single school in Montrouis, Haiti. Since then, five additional schools have been started in Haiti.

In 1988, MP pioneered a small work in the Dominican Republic. The work was formalized in 1992 with the establishment of Ebenezer Educational Center at Batey Central in Barahona. The school began with kindergarten through third grade and now serves students in the high school levels.

In recent years, their priorities have been to develop Haitian and Dominican national leaders, increase the spiritual training and ministry, improve the school programs, and upgrade facilities. Despite political and cultural obstacles, the spiritual ministry now includes six Christian schools, five churches, discipleship classes, and a Bible School.

Ministry Needs [ Back to top ]

This organization has not offered MinistryWatch.com with specific needs to be posted on the profile. At such a time that MinistryWatch.com receives a response from the ministry, it will be posted immediately.

Research Analysis

Transparency Grade [ Back to top ]

Transparency Grade of : A
Criteria categoryGradeOther Comments
Timeliness:100
Financial Information:100
Foundational Clarity:
Level of Cooperation:100
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MinistryWatch.com 5 Star Financial Efficiency Ratings [ Back to top ]

Ranking CategoryRatingOverall RankForeign Missions Sector
Overall Efficiency RatingStarStar244 of 348    37 of 54
Fund Acquisition DecisionStarStar244 of 348      37 of 54
Resource Allocation Decision of 348      14 of 54
Asset Utilization Decision of 348      14 of 54
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Ministry Statement or Response [ Back to top ]

This organization has not offered MinistryWatch.com with an official statement or response for their profile. This area is meant as a mechanism for the profiled ministry to communicate anything they may choose. It is open ended as to the topic, issues, facts or news to address. It is not negative if there is no official statement as many don’t have anything to add than what is already on the profile. This section is not tied to transparency or to communication in general. Many very open and talkative ministries with us choose not to post an official statement. This section is just an open ended offering to the profiled ministry for anything extra to say as they may choose.

Financial Information:

Financial Ratios[ Back to top ]

Funding RatiosDatabase Average20082007200620052004
Return on FR Efforts10%10%22%16%0%0%
Fundraising Cost Ratio7%10%14%15%0%0%
Contributions Reliance83%96%62%99%0%0%
Fundraising Expense Ratio7%12%13%15%0%0%
Other Revenue Reliance17%4%38%1%0%0%
Operating RatiosDatabase Average20082007200620052004
Program Expense Ratio80%76%73%69%0%0%
Spending Ratio104%84%103%106%0%0%
Program Output Ratio84%64%75%73%0%0%
Savings Ratio-4%16%-3%-6%0%0%
Reserve Accumulation Rate4%10%-2%-3%0%0%
General & Admin Ratio13%13%14%17%0%0%
Investing RatiosDatabase Average20082007200620052004
Total Asset Turnover2.85x.49x.8x.57x0x0x
Degree of L-T Investment3.06x2.9x3.77x5.51x0x0x
Current Asset Turnover5.43x1.43x3.01x3.15x0x0x
Age of Assets10.5yr(s)14.1yr(s)16.8yr(s)13.9yr(s)0.0yr(s)0.0yr(s)
Liquidity RatiosDatabase Average20082007200620052004
Current Ratio3276.63x108.76x71.69x11.26x0x0x
Current Liabilities Ratio.38x.01x.01x.09x0x0x
Liquid Reserve Level4.95x8.34x3.93x3.47x0x0x
Solvency RatiosDatabase Average20082007200620052004
Liabilities Ratio.3x.08x.07x.1x0x0x
Debt Ratio.07x0x0x0x0x0x
Reserve Coverage Ratio81%187%116%158%0%0%

Financials[ Back to top ]

Balance Sheet
Assets20082007200620052004
Cash$425,793$274,079$134,432$129,981$117,547
Receivables, Inventories & Prepaids$43,854$46,238$57,655$52,228$51,436
Short-Term Investments$0$0$0$0$0
Total Current Assets$469,647$320,317$192,087$182,209$168,983
Long-Term Investments$0$0$0$0$0
Fixed Assets$863,517$864,216$839,915$821,700$790,313
Other Long-Term Assets$28,537$23,267$25,990$31,638$15,804
Total Long-Term Assets$892,054$887,483$865,905$853,338$806,117
TOTAL ASSETS$1,361,701$1,207,800$1,057,992$1,035,547$975,100
Liabilities20082007200620052004
Payables & Accrued Expenses$4,318$4,468$17,052$8,863$9,685
Other Current Liabilities$0$0$0$0$0
Total Current Liabilities$4,318$4,468$17,052$8,863$9,685
Debt$0$0$0$0$0
Other Long-Term Liabilities$105,319$84,273$84,724$55,050$58,175
Total Long-Term Liabilities$105,319$84,273$84,724$55,050$58,175
TOTAL LIABILITIES$109,637$88,741$101,776$63,913$67,860
Assets20082007200620052004
Unrestricted$982,767$963,253$781,795$816,158$724,379
Temporarily Restricted$193,647$80,156$98,771$79,826$107,211
Permanently Restricted$75,650$75,650$75,650$75,650$75,650
NET ASSETS$1,252,064$1,119,059$956,216$971,634$907,240
Revenue and Expenses
Revenue20082007200620052004
Total Contributions$757,954$578,939$564,735$564,888$593,562
Program Service Revenue$0$0$0$0$0
Membership Dues$0$0$0$0$0
Investment Income$8,338$346,237($308)$30$28
Other Revenue$25,940$12,785$8,597$9,961$3,524
Total Other Revenue$34,278$359,022$8,289$9,991$3,552
TOTAL REVENUE$792,232$937,961$573,024$574,879$597,114
Expenses20082007200620052004
Program Services$505,675$702,446$417,391$442,811$568,021
Management & General$84,678$134,161$100,038$62,189$64,163
Fundraising$79,020$127,508$88,101$65,895$56,059
TOTAL EXPENSES$669,373$964,115$605,530$570,895$688,243
Change in Net Assets20082007200620052004
SURPLUS (DEFICIT)$122,859($26,154)($32,506)$3,984($91,129)
Other Changes in Net Assets$10,146$188,997$17,088$60,410$155,683
TOTAL CHANGE IN NET ASSETS$133,005$162,843($15,418)$64,394$64,554