Faith Mission Inc
- Assets
- $18.1m
- Revenue
- $14.2m
- Investments
- $0.0
- Employees
- 133
- Location
- Columbus, OH
- Founding
- 03/1984
- Data as of
- 06/2023
- EIN
- 31-0809759
Organization Overview
Faith Mission Inc is located in Columbus, OH. The organization was established in 1984. According to its NTEE Classification (L41) the organization is classified as: Homeless Shelters, under the broad grouping of Housing & Shelter and related organizations. As of 06/2023, Faith Mission Inc employed 133 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Faith Mission Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2023, Faith Mission Inc generated $14.2m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 7.2% each year. All expenses for the organization totaled $10.8m during the year ending 06/2023. While expenses have increased by 5.0% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO CREATE A BETTER WORLD BY SERVING PEOPLE IN NEED BY OPERATING FOOD PANTRIES, HOMELESS SHELTERS, A DOMESTIC VIOLENCE SHELTER, AFFORDABLE HOUSING COMMUNITIES, SENIOR LIVING, ASSISTED LIVING AND SKILLED CARE FACILITIES, A HOME HEALTH CARE SERVICE AND OTHER SERVICES THAT ASSIST FAMILIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE EMERGENCY SHELTER BEDS, MEALS, BATHING AND HYGENIC SUPPLIES, CARE MANAGEMENT, COUNSELING, INFORMATION AND REFERRAL SERVICES, PROVIDE ACCESS TO HEALTHCARE AND VOLUNTARY WORSHIP SERVICE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mark Diemer Chair: Hsc | Trustee | 1 | $0 |
Greg Jordan Chair: Afc | Trustee | 1 | $0 |
Ed Kendall Vice Chair: Afc | Trustee | 1 | $0 |
Andrew Meslow Vice Chair | Trustee | 1 | $0 |
Deborah Mitchell Chair: Eec | Trustee | 1 | $0 |
Adam Steinbrenner Vice Chair: Hsc | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Speer Mechanical Facility Maintenance | 6/29/23 | $245,791 |
Right Touch Services Cleaning Services | 6/29/23 | $104,641 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $15,000 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $7,417,706 |
| All other contributions, gifts, grants, and similar amounts not included above | $6,071,888 |
| Noncash contributions included in lines 1a–1f | $274,438 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $13,504,594 |
| Total Program Service Revenue | $522,040 |
| Investment income | $178,011 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$18,877 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $14,185,864 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $4,560,394 |
| Pension plan accruals and contributions | $50,807 |
| Other employee benefits | $612,629 |
| Payroll taxes | $295,641 |
| Fees for services: Management | $1,412,056 |
| Fees for services: Legal | $31,367 |
| Fees for services: Accounting | $3,800 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $722,301 |
| Fees for services: Investment Management | $141 |
| Fees for services: Other | $1,349,668 |
| Advertising and promotion | $0 |
| Office expenses | $647,603 |
| Information technology | $12,148 |
| Royalties | $0 |
| Occupancy | $362,188 |
| Travel | $3,856 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $20,631 |
| Interest | $52,989 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $357,178 |
| Insurance | $43,061 |
| All other expenses | $0 |
| Total functional expenses | $10,822,051 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $79,071 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $1,244,693 |
| Accounts receivable, net | $1,999,308 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $37,450 |
| Prepaid expenses and deferred charges | $3,000 |
| Net Land, buildings, and equipment | $8,576,474 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $6,139,718 |
| Total assets | $18,079,714 |
| Accounts payable and accrued expenses | $866,237 |
| Grants payable | $0 |
| Deferred revenue | $533,583 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $970,452 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $1,003,000 |
| Total liabilities | $3,373,272 |
| Net assets without donor restrictions | $14,710,192 |
| Net assets with donor restrictions | -$3,750 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $18,079,714 |