INTERFAITH MISSION INC

EIN: 352071824 501(c)(3) Housing & Shelter

COLUMBIA CITY, IN

Total Revenue
$4,312,507
Total Expenses
$937,845
Total Assets
$6,191,510
Net Assets
$5,621,207
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1998
Legal Domicile
IN
Principal Officer
MATT SHIPMAN
Phone
2602445266
Tax Period
2024-01-01 to 2024-12-31

INTERFAITH MISSION INC, founded in 1998, is a community nonprofit in the Housing & Shelter sector that reported $4.3M in total revenue in fiscal year 2024. Revenue surged 252% from the prior year, signaling strong growth momentum. The organization ran a surplus of $3.4M, a strong 78% operating margin.

Mission

TO PROVIDE SHELTER TO THE HOMELESS, TO ASSIST THEM IN OBTAINING AND KEEPING A JOB, TO PROVIDE CLASSES ON BUDGETING, SELF-SUFFICIENCY, NUTRITION, PARENTING, AND SELF-ESTEEM TO ENABLE CLIENTS TO BECOME FULLY FUNCTIONING MEMBER OF THE COMMUNITY ONCE AGAIN.

Program Service Accomplishments

Program 1
Expenses: $481,788 Revenue: $10,040

MISSION 25 PATHWAY PROGRAM SERVED (33) RESIDENTS. IN-SHELTER RESIDENTS ARE TAUGHT SELF-SUFFICIENCY THROUGH PERSONAL GOALS AND BY LINKING THEM WITH OTHER APPROPRIATE SOCIAL SERVICE AGENCIES THAT CAN...

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MISSION 25 PATHWAY PROGRAM SERVED (33) RESIDENTS. IN-SHELTER RESIDENTS ARE TAUGHT SELF-SUFFICIENCY THROUGH PERSONAL GOALS AND BY LINKING THEM WITH OTHER APPROPRIATE SOCIAL SERVICE AGENCIES THAT CAN ASSIST THEM WITH OTHER ISSUES THEY MAY HAVE AND NEED HELP WITH AFTER GRADUATING FROM THE IFM PROGRAM. FURTHERMORE, CLASSES ARE PROVIDED FOR RESIDENTS TO ASSIST THEM WITH THEIR LIFE SKILLS, IMPROVEMENT IN PARENTING SKILLS, EMPLOYMENT ETHICS, FINANCE/BUDGETING, AND HELP WITH OVERCOMING ADDICTIONS. ADULT CLIENTS (21) REQUIRED TO ATTEND SHOWED IMPROVEMENT IN THESE AREAS.

Program 2
Expenses: $137,654

ACCESS TO MENTAL AND PHYSICAL HEALTH SERVICES, ESPECIALLY THOSE PERTAINING TO DOMESTIC VIOLENCE, ARE PROVIDED TO CLIENTS. THESE WERE PROVIDED TO (21) OF OUR ADULT CLIENTS. CLIENTS DIAGNOSED WITH...

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ACCESS TO MENTAL AND PHYSICAL HEALTH SERVICES, ESPECIALLY THOSE PERTAINING TO DOMESTIC VIOLENCE, ARE PROVIDED TO CLIENTS. THESE WERE PROVIDED TO (21) OF OUR ADULT CLIENTS. CLIENTS DIAGNOSED WITH MENTAL ILLNESS (19), CLIENTS DIAGNOSED AND/OR RECEIVING TREATMENT FOR DEVELOPMENT/PHYSICAL DISABILITIES (5), CLIENTS DIAGNOSED WITH SUBSTANCE USE DISORDERS AND/OR RECEIVING TREATMENT FOR DRUG/ALCOHOL ABUSE (14), CLIENTS WHO ARE VICTIMS OF DOMESTIC VIOLENCE (10). STAFF IS TRAINED AND HAS CONTINUING EDUCATION IN AREAS OF SUICIDAL ISSUES, EXTREME DEPRESSION, DRUG/ALCOHOL ABUSE, AND ABUSE/SELF- ESTEEM. SOME CLIENTS RECEIVE SERVICES FROM MORE THAN ONE AREA.

Program 3
Expenses: $68,826

MIAMI VILLAGE COMMUNITY CENTER (PREVENTATIVE OUTREACH PROGRAM): THE MIAMI VILLAGE COMMUNITY CENTER IS AN AFTER-SCHOOL/OUT-OF-SCHOOL PROGRAM FOR AT- RISK YOUTH LIVING IN THE MIAMI VILLAGE MOBILE HOME...

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MIAMI VILLAGE COMMUNITY CENTER (PREVENTATIVE OUTREACH PROGRAM): THE MIAMI VILLAGE COMMUNITY CENTER IS AN AFTER-SCHOOL/OUT-OF-SCHOOL PROGRAM FOR AT- RISK YOUTH LIVING IN THE MIAMI VILLAGE MOBILE HOME PARK. CHILDREN RECEIVE SOCIAL AND EMOTIONAL LEARNING, ACADEMIC ASSISTANCE, DEVELOPMENTAL SKILLS, THERAPEUTIC INTERVENTIONS, INDIVIDUAL THERAPY, SNACKS AND MEALS, AND ASSISTANCE TO ENSURE IMMEDIATE NEEDS ARE MET. IN 2024, (47) CHILDREN WERE SERVED THROUGH THE AFTER-SCHOOL PROGRAMMING. IN 2024, (0) FAMILIES RECEIVED EMERGENCY ASSISTANCE; WITHIN THE (20) FAMILIES SERVED, THERE WERE (42) ADULTS AND (49) CHILDREN; A TOTAL OF (91) INDIVIDUALS WERE SERVED THROUGH MVCC.

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Trantor Score

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $4,194,469
Program Service Revenue $80,063
Investment Income $19,064
Other Revenue $18,911
TOTAL REVENUE $4,312,507

Expense Breakdown

Grants Paid $0
Salaries & Benefits $610,820
Fundraising Expenses $86,062
Program Expenses $688,268
Other Expenses $327,025
TOTAL EXPENSES $937,845

Year-over-Year Comparison

2024 2023 Change
Revenue $4,312,507 $1,223,632 +2.5%
Expenses $937,845 $768,442 +0.2%
Net Income $3,374,662 $455,190 +6.4%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
12
Independent Members
12
Employees
21
Volunteers
12

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
5
$0
Total Directors
12
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MATT SHIPMAN CHAIR 3.00
Officer Director
$0 $0 $0
TODD JONES VICE CHAIR 3.00
Officer Director
$0 $0 $0
CASSANDRA BUMBAUGH TREASURER 3.00
Officer Director
$0 $0 $0
LINDSEY GROSSNICKLE SECRETARY 3.00
Officer Director
$0 $0 $0
SCOTT ALLISON DIRECTOR 1.00
Director
$0 $0 $0
DEBRA BRICE DIRECTOR 1.00
Director
$0 $0 $0
DAVID JOST DIRECTOR 1.00
Director
$0 $0 $0
ANDY MORE DIRECTOR 1.00
Director
$0 $0 $0
WESLEY MULLETT DIRECTOR 1.00
Director
$0 $0 $0
KENNEDY ST GEORGE DIRECTOR 1.00
Director
$0 $0 $0
DJ SIGLER DIRECTOR 1.00
Director
$0 $0 $0
NICKI VENABLE DIRECTOR 1.00
Director
$0 $0 $0
SHAWN ELLIS EXECUTIVE DI 40.00
Officer
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $4,312,507 $937,845 $6,191,510 $3,374,662
2023 $1,223,632 $768,442 $2,293,395 $455,190
2022 $1,219,445 $780,550 $1,825,491 $438,895
2021 $1,179,264 $544,958 $1,541,341 $634,306
2020 $595,412 $421,363 $903,531 $174,049
2019 $270,480 $287,804 $729,588 $-17,324
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