Overview
What is Missions Resource Network?
Missions Resource Network (MRN) is a nonprofit organization situated in Bedford, Texas. Its primary objective is to support and prepare workers serving individuals from Muslim, Hindu, and Buddhist backgrounds. In 2022, MRN conducted initiatives in various locations, including Bengal, the Mediterranean Rim, and the Atlantic Bridge Area (South Africa and Rwanda). Their Emerging Leadership Initiative (ELI) is implemented in four sites: South Africa and Botswana, the Philippines, St. Petersburg, Russia, and Accra, Ghana. During this year, 50 leaders from 20 countries received coaching or mentoring in 261 sessions, and over 545 individuals attended leadership training events. MRN's mission is to connect and equip existing ministries and churches, enabling them to broaden their impact through training, networking, coaching, and care for workers serving individuals with Muslim, Hindu, and Buddhist backgrounds.
Official website here: www.mrnet.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97% (Four-Star out of Four Star Rating)
Missions Resource Network has achieved an impressive Four-Star rating from Charity Navigator, indicating a high level of accountability and financial health. The charity scored exceptionally well in various metrics, particularly in having a fully independent board and maintaining stringent financial oversight. This strong governance structure reflects positively on the organization’s commitment to transparency and responsible management of resources.
The financial metrics further highlight the charity's effectiveness, with an 82.59% program expense ratio, indicating that a significant portion of funds goes directly towards its programs. Additionally, the fundraising efficiency ratio of $0.0625 suggests that the organization is able to raise funds at a low cost, maximizing the impact of donations received. These figures show that Missions Resource Network is not only well-managed but also efficient in its operations.
While the data paints a favorable picture of the organization, it is important for potential donors to consider that a high rating focuses primarily on financial health and governance. Users looking for specific program outcomes or beneficiary feedback may want to seek additional information on those aspects before making a contribution. Overall, the organization demonstrates strong financial practices and a commitment to accountability.
This AI summary has been generated from information found on Charity Navigator.
Is Missions Resource Network legitimate?
Missions Resource Network is a legitimate nonprofit organization registered as a 501(c)(3) entity. Missions Resource Network submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $170,513
Professional Fundraising Fees: $0
Other Salaries and Wages: $981,796
For more financial information, click here
Official website here: www.mrnet.org
What is the mission statement of Missions Resource Network?
Missions Resource Network's mission is to connect and empower existing ministries and churches, serving communities with Muslim, Hindu, and Buddhist backgrounds. They achieve this by providing training, networking opportunities, coaching, and care to prepare and support these workers. Through initiatives in various regions, they aim to develop emerging leaders, offering coaching and mentorship to individuals in numerous countries. In 2022, over 50 leaders were mentored in 20 countries, and several hundred individuals attended leadership training events.
Official website here: www.mrnet.org
Who is the CEO of Missions Resource Network?
Terry Dan Bouchelle is the Chair of Missions Resource Network.
Official website here: www.mrnet.org
What is the revenue of Missions Resource Network?
Missions Resource Network's revenue in 2022 was $2,309,125.
Official website here: www.mrnet.org
Who are the executives of Missions Resource Network and what are their salaries?
The average compensation at Missions Resource Network during 2022 was $76,821. There are 15 employees and 25 volunteers at Missions Resource Network.
Here are 19 key members and their salaries:
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- Compensation: $72,628
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- Other: $97,884
Official website here: www.mrnet.org
Where can I find the form 990 for Missions Resource Network?
Missions Resource Network's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.mrnet.org
Learn more at the official website: www.mrnet.org
Mission Statement of Missions Resource Network
Missions Resource Network (MRN) is committed to connecting and equipping existing churches and ministries serving people of Muslim, Hindu, and Buddhist backgrounds. This is achieved through various means, including training, networking, coaching, and providing care. MRN's mission is geared towards preparing and supporting these workers, aiming to expand the impact of these ministries.
In 2022, MRN initiated several activities in various regions such as Bengal, the Mediterranean Rim, and the Atlantic Bridge Area, which encompasses South Africa and Rwanda. One of their key initiatives is the Emerging Leadership Initiative (ELI), which is held in multiple locations including South Africa and Botswana, the Philippines, St. Petersburg, Russia, and Accra, Ghana. During this year, MRN provided coaching or mentoring to 50 leaders from 20 countries through 261 sessions. Furthermore, MRN has seen a significant number of individuals, more than 545, attending leadership training events throughout the year.
In essence, Missions Resource Network's mission is to empower and strengthen existing churches and ministries serving people of Muslim, Hindu, and Buddhist backgrounds. They do this by providing training, networking opportunities, coaching, and care, aiming to prepare and support these workers and expand their impact. Through initiatives like ELI and various leadership training events, MRN is able to reach and support numerous individuals and ministries worldwide.
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Impact
July, 2024
Missions Resource Network has made a significant impact by connecting and equipping existing ministries and churches to expand their impact through training, networking, coaching, and care. By preparing and caring for workers who serve people of Muslim, Hindu, and Buddhist backgrounds, MRN has initiated various initiatives in regions such as Bengal, the Mediterranean Rim, and the Atlantic Bridge area (South Africa and Ruanda).
In addition, MRN's Emerging Leadership Initiative (ELI) has been held in four sites worldwide, including South Africa and Botswana, the Philippines, St. Petersburg, Russia, and Accra, Ghana. In 2022 alone, 50 leaders in 20 countries were coached or mentored during 261 sessions, and over 545 individuals have attended leadership training events. This impactful work is crucial in supporting those who are engaging with diverse religious backgrounds and cultures, ultimately contributing to the growth and effectiveness of global missions.
This information is meant to be a general summary of Missions Resource Network. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $240,685
- Program Service Revenue: $24,510
- Gross Receipts: $2,591,885
Assets and Liabilities:
- Total Assets: $4,176,971
- Total Liabilities: $471,147
- Net Assets: $3,705,824
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TRAINING INCOME
Revenue
$15,403
OTHER PROGRAMS
Revenue
$7,007
CONSULTING INCOME
Revenue
$2,100
Organization Details
Founding Year
1998
Phone
(817) 267-2727Principal Officer
Terry Dan Bouchelle
Main Address
1901 CENTRAL DRIVE SUITE 120, BEDFORD, TX, 76021
Website
www.mrnet.orgNTEE Category
Code: X19 - Religion related
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