Overview
What is Mission Mutual?
Mission Mutual is a nonprofit organization based in Arlington, Texas, with a focus on strengthening other mission, ministry, and philanthropic organizations. Their mission is to provide centralized support and coordination, enabling groups to shift from operating independently to working collaboratively. They aim to enhance collective impact by strategizing with participating organizations to improve their effectiveness and health, providing insights into organizational development and relational perspectives. By aligning vision, mission, approach, and resources, Mission Mutual helps weave together like-minded organizations and position them for increased impact. Their work is centered around the collective impact approach, which believes that complex issues cannot be solved by a single organization and requires multiple entities working together.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 87% (Three-Star out of Four Stars)
Mission Mutual has earned a Three-Star rating from Charity Navigator, reflecting a commendable level of accountability and finance management. The charity's overall score is based solely on its strong accountability practices, achieving an impressive 87% in this category. The organization demonstrates high standards in financial oversight, including a lack of material diversion of assets and a comprehensive conflict of interest policy.
One of the notable strengths of Mission Mutual is its independent board composition, with 66% of its members being independent. This is crucial for ensuring unbiased governance. Additionally, the organization excels in financial metrics, with a program expense ratio of 74.75%, indicating that a significant portion of funds is directed toward its mission-related activities. The fundraising efficiency ratio of $0.00 further suggests that Mission Mutual operates effectively without incurring costs in fundraising.
However, the organization has a limitation in its independent board size, as it only has four independent members, which may raise questions about governance diversity. Overall, while Mission Mutual shows strong financial and accountability practices, expanding its board size could enhance its governance structure even further.
This AI summary has been generated from information found on Charity Navigator.
Is Mission Mutual legitimate?
Mission Mutual is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mission Mutual 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: $591,186
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,108,785
For more financial information, click here
What is the mission statement of Mission Mutual?
Mission Mutual's mission is to support and strengthen mission, ministry, and philanthropic organizations with a similar vision. They aim to provide centralized support and coordination, helping groups transition from working independently to collaborating effectively. Mission Mutual's team strategizes with each participating group to enhance organizational effectiveness and health, offering insights into the organizational development and relational perspective needed to align vision, mission, approach, and resources. As a unique backbone organization, Mission Mutual weaves together like-minded organizations, positioning them for greater impact. Recognizing that no single organization or program can solve the most complex problems on their own, Mission Mutual assists intra-sector groups in prioritizing a common agenda, identifying shared goals, and directing resources accordingly.
Who is the CEO of Mission Mutual?
Dal Anderson is the Executive Di of Mission Mutual.
What is the revenue of Mission Mutual?
Mission Mutual's revenue in 2022 was $3,843,445.
Who are the executives of Mission Mutual and what are their salaries?
The average compensation at Mission Mutual during 2022 was $113,331. There are 15 employees at Mission Mutual.
Here are 8 key members and their salaries:
- Compensation: $397,915
- Related: $0
- Other: $0
- Compensation: $193,271
- Related: $0
- Other: $0
- Compensation: $190,074
- Related: $0
- Other: $0
- Compensation: $156,975
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Mission Mutual?
Mission Mutual's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Mission Mutual
Mission Mutual, a backbone organization, is dedicated to supporting mission, ministry, and philanthropic organizations with similar visions. Their mission is to provide centralized support and coordination, enabling groups that traditionally operate independently to work together more harmoniously. By strategizing with each participating group, Mission Mutual aims to enhance organization effectiveness and health, offering insights into the organizational development and relational perspective necessary to align vision, mission, approach, and resources. Positioned uniquely in the missiological, ministerial, and philanthropic space, Mission Mutual serves as a connector, weaving together like-minded organizations and positioning them for greater impact. Recognizing that no single organization or program can tackling the most complex problems facing humanity alone, Mission Mutual assists intra-sector groups in prioritizing a common agenda, identifying shared goals, and directing resources effectively.
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Impact
July, 2024
Mission Mutual's impact lies in equipping mission, ministry, and philanthropic organizations with the organizational and relational perspective needed to accelerate and enhance their collective impact. By providing centralized support and coordination, Mission Mutual helps groups move from acting alone to acting in concert with one another. The dedicated team members at Mission Mutual work closely with each participating group to increase organizational effectiveness and health, guiding them in aligning their vision, mission, approach, and resources. As a backbone organization uniquely positioned in the missiological, ministerial, and philanthropic space, Mission Mutual weaves together like-minded organizations and positions them for greater impact. In a world where no single organization or program can solve the most complex problems facing humanity alone, Mission Mutual's work is essential in helping intra-sector groups prioritize a common agenda, identify shared goals, and direct resources effectively.
This information is meant to be a general summary of Mission Mutual. 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: $399
- Gross Receipts: $3,843,445
Assets and Liabilities:
- Total Assets: $3,232,709
- Total Liabilities: $1,008,596
- Net Assets: $2,224,113
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Organization Details
Founding Year
2018
Phone
(817) 422-9467Principal Officer
Dal Anderson
Main Address
320 WESTWAY PLACE SUITE 541, ARLINGTON, TX, 76018
NTEE Category
Code: Q33 - International
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