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MISSION WACO MISSION WORLD INC

CHANGING LIVES THROUGH HANDS ON COMPASSION

aka Mission Waco   |   Waco, TX   |  https://missionwaco.org/

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GuideStar Charity Check

MISSION WACO MISSION WORLD INC

EIN: 74-2605621


Mission

Empower the poor and marginalized through Christian-based, holistic, relationship-centered programs. Equip and mobilize the middle-class to become more compassionately involved among the poor. Engage the systemic issues of social injustice which oppress the poor and marginalized.

Ruling year info

1991

Executive Director

John Calaway

Main address

1315 N 15th St

Waco, TX 76707 USA

Show more contact info

EIN

74-2605621

Subject area info

Tutoring

Environmental education

Health care access

Social enterprise

Christianity

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Population served info

Children

Adults

Economically disadvantaged people

At-risk youth

NTEE code info

(Christian) (X20)

IRS subsection

501(c)(3) Public Charity

IRS filing requirement

This organization is required to file an IRS Form 990 or 990-EZ.

Tax forms

Communication

Programs and results

What we aim to solve

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Our programs

SOURCE: Self-reported by organization

What are the organization's current programs, how do they measure success, and who do the programs serve?

My Brother's Keeper

Chronic emergency homeless shelter available to those with an urgent housing need on an application basis.

Population(s) Served
Homeless people

Where we work

Financials

MISSION WACO MISSION WORLD INC
Fiscal year: Jan 01 - Dec 31
Financial documents
2021 Audited Financial Statements
done  Yes, financials were audited by an independent accountant. info

Revenue vs. expenses:  breakdown

SOURCE: IRS Form 990 info
NET GAIN/LOSS:    in 
Note: When component data are not available, the graph displays the total Revenue and/or Expense values.

Liquidity in 2021 info

SOURCE: IRS Form 990

5.95

Average of 10.02 over 10 years

Months of cash in 2021 info

SOURCE: IRS Form 990

4.9

Average of 5.8 over 10 years

Fringe rate in 2021 info

SOURCE: IRS Form 990

17%

Average of 15% over 10 years

Funding sources info

Source: IRS Form 990

Assets & liabilities info

Source: IRS Form 990

Financial data

SOURCE: IRS Form 990

MISSION WACO MISSION WORLD INC

Revenue & expenses

Fiscal Year: Jan 01 - Dec 31

SOURCE: IRS Form 990 info

Fiscal year ending: cloud_download Download Data

MISSION WACO MISSION WORLD INC

Balance sheet

Fiscal Year: Jan 01 - Dec 31

SOURCE: IRS Form 990 info

The balance sheet gives a snapshot of the financial health of an organization at a particular point in time. An organization's total assets should generally exceed its total liabilities, or it cannot survive long, but the types of assets and liabilities must also be considered. For instance, an organization's current assets (cash, receivables, securities, etc.) should be sufficient to cover its current liabilities (payables, deferred revenue, current year loan, and note payments). Otherwise, the organization may face solvency problems. On the other hand, an organization whose cash and equivalents greatly exceed its current liabilities might not be putting its money to best use.

Fiscal year ending: cloud_download Download Data

MISSION WACO MISSION WORLD INC

Financial trends analysis Glossary & formula definitions

Fiscal Year: Jan 01 - Dec 31

SOURCE: IRS Form 990 info

This snapshot of MISSION WACO MISSION WORLD INC’s financial trends applies Nonprofit Finance Fund® analysis to data hosted by GuideStar. While it highlights the data that matter most, remember that context is key – numbers only tell part of any story.

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Business model indicators

Profitability info 2017 2018 2019 2020 2021
Unrestricted surplus (deficit) before depreciation $1,711,675 $175,000 $185,156 $226,237 $616,908
As % of expenses 60.3% 6.0% 6.1% 7.4% 16.2%
Unrestricted surplus (deficit) after depreciation $1,576,553 $25,207 $14,697 $56,791 $429,476
As % of expenses 53.1% 0.8% 0.5% 1.8% 10.8%
Revenue composition info
Total revenue (unrestricted & restricted) $4,434,966 $3,529,923 $3,260,627 $3,070,651 $4,721,806
Total revenue, % change over prior year 25.9% -20.4% -7.6% -5.8% 53.8%
Program services revenue 7.0% 7.7% 10.2% 7.2% 8.1%
Membership dues 0.0% 0.0% 0.0% 0.0% 0.0%
Investment income 0.8% 1.3% 1.9% 1.2% 0.3%
Government grants 1.4% 0.7% 0.7% 4.9% 8.9%
All other grants and contributions 82.6% 79.5% 75.5% 74.9% 73.1%
Other revenue 8.2% 10.8% 11.7% 11.9% 9.6%
Expense composition info
Total expenses before depreciation $2,836,587 $2,899,965 $3,026,493 $3,040,567 $3,802,237
Total expenses, % change over prior year 11.4% 2.2% 4.4% 0.5% 25.1%
Personnel 56.2% 56.4% 57.7% 58.1% 53.1%
Professional fees 5.7% 0.7% 0.9% 1.2% 1.0%
Occupancy 9.0% 9.5% 9.3% 11.1% 9.2%
Interest 0.0% 0.0% 0.0% 0.0% 0.0%
Pass-through 0.0% 0.0% 0.0% 0.0% 0.0%
All other expenses 29.0% 33.3% 32.1% 29.6% 36.8%
Full cost components (estimated) info 2017 2018 2019 2020 2021
Total expenses (after depreciation) $2,971,709 $3,049,758 $3,196,952 $3,210,013 $3,989,669
One month of savings $236,382 $241,664 $252,208 $253,381 $316,853
Debt principal payment $0 $0 $0 $0 $0
Fixed asset additions $1,021,768 $375,980 $462,277 $270,020 $191,534
Total full costs (estimated) $4,229,859 $3,667,402 $3,911,437 $3,733,414 $4,498,056

Capital structure indicators

Liquidity info 2017 2018 2019 2020 2021
Months of cash 2.8 4.0 4.7 4.3 4.9
Months of cash and investments 7.4 8.0 9.6 9.6 10.2
Months of estimated liquid unrestricted net assets 7.1 6.1 4.7 4.5 5.0
Balance sheet composition info 2017 2018 2019 2020 2021
Cash $667,574 $969,939 $1,177,646 $1,093,735 $1,547,604
Investments $1,079,936 $971,971 $1,255,266 $1,338,574 $1,686,377
Receivables $568,434 $443,495 $41,752 $70,991 $89,776
Gross land, buildings, equipment (LBE) $4,419,682 $4,795,662 $5,257,917 $5,527,934 $5,693,998
Accumulated depreciation (as a % of LBE) 24.6% 25.8% 26.8% 28.5% 30.5%
Liabilities (as a % of assets) 3.4% 2.8% 5.1% 8.0% 7.4%
Unrestricted net assets $5,003,561 $5,028,768 $5,043,465 $5,100,256 $5,529,732
Temporarily restricted net assets $561,232 $879,544 N/A N/A N/A
Permanently restricted net assets $0 $0 N/A N/A N/A
Total restricted net assets $561,232 $879,544 $1,087,788 $975,714 $1,317,203
Total net assets $5,564,793 $5,908,312 $6,131,253 $6,075,970 $6,846,935

Key data checks

Key data checks info 2017 2018 2019 2020 2021
Material data errors No No No No No

Operations

The people, governance practices, and partners that make the organization tick.

Documents
Letter of Determination is not available for this organization
Form 1023/1024 is not available for this organization

Executive Director

John Calaway

Prior to coming on staff John attended Hardin-Simmons University and after graduating in 2006 he lived in Nepal and worked among the Sherpa people to start a business, plant churches, train pastors and host medical clinics in remote villages. It was in Nepal that God began to develop his heart for the local church and those living in poverty. Soon after returning he got married and attended Baylor University’s Truett Seminary where he received his Master of Divinity degree with a concentration in Missions and World Christianity in 2011. While in graduate school he became actively engaged with Church Under the Bridge and Mission Waco. It was here that he learned about Christian community development and how to think about addressing systemic issues surrounding poverty. After graduating from Truett he moved to Austin and was a Missions Pastor for six years before moving back to Waco to join our staff in early 2017.

Number of employees

Source: IRS Form 990

MISSION WACO MISSION WORLD INC

Officers, directors, trustees, and key employees

SOURCE: IRS Form 990

Compensation
Other
Related
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Compensation data
Download up to 5 most recent years of officer and director compensation data for this organization

There are no highest paid employees recorded for this organization.

MISSION WACO MISSION WORLD INC

Board of directors
as of 09/07/2023
SOURCE: Self-reported by organization
Board of directors data
Download the most recent year of board of directors data for this organization
Board chair

Autumn Outlaw

Bluebonnet Health Services

Term: 2023 - 2025

Board leadership practices

SOURCE: Self-reported by organization

GuideStar worked with BoardSource, the national leader in nonprofit board leadership and governance, to create this section.

  • Board orientation and education
    Does the board conduct a formal orientation for new board members and require all board members to sign a written agreement regarding their roles, responsibilities, and expectations? Yes
  • CEO oversight
    Has the board conducted a formal, written assessment of the chief executive within the past year ? Yes
  • Ethics and transparency
    Have the board and senior staff reviewed the conflict-of-interest policy and completed and signed disclosure statements in the past year? Yes
  • Board composition
    Does the board ensure an inclusive board member recruitment process that results in diversity of thought and leadership? Yes
  • Board performance
    Has the board conducted a formal, written self-assessment of its performance within the past three years? Yes

Organizational demographics

SOURCE: Self-reported; last updated 9/7/2023

Who works and leads organizations that serve our diverse communities? Candid partnered with CHANGE Philanthropy on this demographic section.

Leadership

The organization's leader identifies as:

Race & ethnicity
White/Caucasian/European
Gender identity
Male, Not transgender (cisgender)
Sexual orientation
Heterosexual or straight
Disability status
Person without a disability

Race & ethnicity

Gender identity

 

Sexual orientation

No data

Disability

Equity strategies

Last updated: 09/07/2023

GuideStar partnered with Equity in the Center - an organization that works to shift mindsets, practices, and systems to increase racial equity - to create this section. Learn more

Data
  • We review compensation data across the organization (and by staff levels) to identify disparities by race.
Policies and processes
  • We seek individuals from various race backgrounds for board and executive director/CEO positions within our organization.
  • We have community representation at the board level, either on the board itself or through a community advisory board.
  • We help senior leadership understand how to be inclusive leaders with learning approaches that emphasize reflection, iteration, and adaptability.
  • We engage everyone, from the board to staff levels of the organization, in race equity work and ensure that individuals understand their roles in creating culture such that one’s race identity has no influence on how they fare within the organization.
There are no contractors recorded for this organization.

Professional fundraisers

Fiscal year ending

SOURCE: IRS Form 990 Schedule G

Solicitation activities
Gross receipts from fundraising
Retained by organization
Paid to fundraiser