Mission Quest Accountability

At Mission Quest, we take great pride in our unwavering commitment to accountability and transparency in handling the generous donations we receive. Our mission is to provide a trustworthy platform that our supporters can rely on, ensuring that every contribution is utilized effectively to advance God’s kingdom.

Accreditation and Recognition

Our dedication to ethical practices is recognized by several prestigious organizations. We are proud to hold numerous accreditations, particularly from the Evangelical Council for Financial Accountability (ECFA), Ministry Watch, and Charity Navigator. These accreditations are a testament to our stringent financial standards and our commitment to transparency. For more detailed information on our accreditations, please visit Mission Quest Accreditations. Furthermore, Ministry Watch has honored us with a "100% Give with Confidence" ranking, highlighting our reliability and integrity in financial stewardship. You can view their evaluation here.

Dan Busby, president of ECFA, commended our efforts by stating, "We are pleased to accredit a ministry committed to providing their missionaries with a dependable home office that processes their donations and handles all the logistics involved in raising funds for their ministries." This endorsement reflects our dedication to supporting our missionaries efficiently and effectively. For our most recent financial information, please visit Charity Navigator and ECFA Member Profile.

Efficient Use of Donation

At Mission Quest, we are committed to maximizing the impact of every donation. Our meticulous financial practices ensure that the vast majority of contributions directly support our programs and initiatives. We are proud to maintain an exceptional Program Expense Ratio, with 96.3% of donations allocated to program expenses. Only 2.3% is dedicated to administration, and a mere 1.3% is used for fundraising. This impressive efficiency is a testament to our dedication to responsible financial stewardship and our unwavering commitment to our mission. This careful allocation of funds ensures that your generosity directly benefits the communities and causes we serve, making a tangible and meaningful difference.

To further illustrate our dedication to financial accountability, the following chart compares Mission Quest's expense ratios with industry averages. As demonstrated, our allocation significantly exceeds typical benchmarks, with a notably higher percentage of funds directed towards program expenses (96.3% compared to the industry average of 80%) and substantially lower administrative (2.3% compared to the industry average of 25%) and fundraising costs (1.3% compared to the industry average of 12.5%). These industry averages are supported by sources like Charity Navigator and the Better Business Bureau's Wise Giving Alliance, which recommend that efficient nonprofits allocate at least 75% of their expenses to programs and keep administrative and fundraising expenses below 35% and 15%, respectively (Charity Navigator) (North Texas Nonprofit Resources). This visual comparison underscores our superior efficiency in utilizing donations, reinforcing our commitment to maximizing the impact of every contribution and ensuring that your support is channeled effectively towards our mission-driven initiatives.

Comparison of Mission Quest Expenses Rations to Industry Average.jpg

Comprehensive Financial Oversight

At Mission Quest, we take our financial stewardship seriously. Our accounting team employs rigorous procedures to ensure that all finances are managed with the utmost care and precision. This commitment to excellence in financial management is a testament to our dedication to transparency and accountability.

To further affirm our dedication, Mission Quest undergoes an annual financial audit conducted by Warady & Davis LLP. As one of the most respected and thorough CPA firms in Illinois, Warady & Davis LLP meticulously reviews our financial statements, ensuring that our financial practices meet the highest standards of integrity and accuracy. To further demonstrate our commitment to transparency, we provide detailed financial statements for the past three years, available on the ECFA website. For your convenience, we have also provided the Revenue and Expenses Trend for the past four years in the chart below.

These reports highlight our financial activities and underscore our dedication to accountability. In addition to the information available on the ECFA website, we provide below the most recent 990 tax form and the audited financial statements of Mission Quest.

2023 Financial Statements

2023 Consolidated Financial Statements. (PDF)
2023 Form 990 Filing. (PDF)

2022 Financial Statements

2022 Consolidated Financial Statements. (PDF)
2022 Form 990 Filing. (PDF)

This comprehensive approach guarantees that every donation is utilized effectively to support our mission, providing our donors and stakeholders with the confidence that their contributions are making a real and meaningful impact.

Join Us in Building God’s Kingdom

We invite you to partner with us in building God’s kingdom with confidence. Your contributions are managed with the highest level of accountability, ensuring that your support directly impacts the lives of those we serve. Together, we can make a significant difference, spreading hope and faith across the globe.

Thank you for trusting Mission Quest. Your support is invaluable, and we are committed to maintaining the highest standards of integrity and transparency.