MB Mission
STAR RATINGCi's Star Rating is calculated based on the following independent metrics: |
✖
FINANCIAL TRANSPARENCY
Audited financial statements available only through official request for information from Charities Directorate.
D+
RESULTS REPORTING
Grade based on the charity's public reporting of the work it does and the results it achieves.
n/r
DEMONSTRATED IMPACT
The demonstrated impact per dollar Ci calculates from available program information.
NEED FOR FUNDING
Charity's cash and investments (funding reserves) relative to how much it spends on programs in most recent year.
90%
CENTS TO THE CAUSE
For a dollar donated, after overhead costs of fundraising and admin/management (excluding surplus) 90 cents are available for programs.
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Programs
About MB Mission:
Founded in 1883 by the Mennonite Brethren Church, MB Mission is a missionary organization whose primary focus is to “multiply healthy disciples and missional leaders.” MB Mission has four main programs: Mobilization, Holistic Church Planting, Mission Capacity Building, and Training and Team Health.
MB Mission’s Mobilization program involves financially supporting Mennonite Brethren Church members in serving short-term and long-term missions abroad. Holistic Church Planting involves helping local leaders in underserved countries to transform their communities and create missional churches that can grow and reproduce themselves. MB Mission’s approach to this focuses on what they call Asset-Based Community Development, which involves utilizing the resources already available to communities to spark a lasting transformation. Mission Capacity Building involves MB Mission working alongside its partner church networks to help them develop their own church planting initiatives. Finally, Training and Team Health focuses on equipping and providing resources to members of the MB Mission team to serve effectively in their missionary duties.
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Finances
MB Mission is a big-cap charity with donations of $8.2m in F2016. Its administrative costs are 8% of revenues, and its fundraising costs are 1% of donations. For every dollar donated, 90 cents go towards MB Mission’s programming, falling within Ci’s reasonable range. The charity has $4.7m in total funding reserves, of which $217k is donor-endowed, resulting in a program cost coverage ratio, excluding donor-endowed funds, of 58%. This means that MB Mission can cover 7 months of its annual program costs using its existing reserves, indicating a need for funding.
This charity report is an update that is being reviewed by MB Mission. Changes and edits may be forthcoming.
Updated August 11, 2017 by Kevin Silberberg.
Financial Review
Fiscal year ending May
|
2016 | 2015 | 2014 |
---|---|---|---|
Administrative costs as % of revenues | 8.3% | 8.6% | 11.4% |
Fundraising costs as % of donations | 1.2% | 1.1% | 1.1% |
Program cost coverage (%) | 57.7% | 61.7% | 63.4% |
Summary Financial StatementsAll figures in $000s |
2016 | 2015 | 2014 |
---|---|---|---|
Donations | 8,241 | 8,350 | 7,358 |
Investment income | 157 | 153 | 171 |
Total revenues | 8,398 | 8,502 | 7,529 |
Program costs - International | 5,516 | 5,263 | 4,963 |
Program costs - Canada | 2,289 | 1,979 | 1,959 |
Administrative costs | 687 | 718 | 842 |
Fundraising costs | 100 | 90 | 82 |
Cash flow from operations | (195) | 452 | (317) |
Funding reserves | 4,715 | 4,680 | 4,545 |
Note: Ci has backed out amortization from program costs, affecting program costs by ($5k) in F2016, ($5k) in F2015, and by ($4k) in F2014.
Salary Information
$350k + |
0 |
$300k - $350k |
0 |
$250k - $300k |
0 |
$200k - $250k |
0 |
$160k - $200k |
0 |
$120k - $160k |
1 |
$80k - $120k |
8 |
$40k - $80k |
1 |
< $40k |
0 |
Information from most recent CRA Charities Directorate filings for F2016
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Comments & Contact
Comments added by the Charity:
Charity Contact
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