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Koinonia House, Inc. / Chuck Missler

Rating
Sector:

Christian Growth

Total
Revenue:

$3,034,660

Total
Expenses:

$3,446,113

Net
Assets:

$1,462,576
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Profile Contents

Research Analysis
Financial Information

Ministry Pie Chart

Database Avg This Ministry
Program 83.7% 84%
General & Admin 12.6% 19.3%
Fundraising 6.8% 7.5%
Savings -4.3% -13.5%


Ministry Pie Chart

Ministry Pie Chart

Age Size Box:

>50
Yr(s)25-50
<25
<$1m$1m-
$5m
>$5m

Summary

Koinonia is a New Testament word which is most often translated to mean "communication", "fellowship", or "communion". Koinonia House, or K-House as it is affectionately called, is dedicated to the development and distribution of materials for encouraging and facilitating serious study of the Bible as the inerrant Word of God. It is a non-profit, 501(c)3 organization.

Contact Information: [ Back to top ]

Mailing Address:P.O. Box D (4055 E. 3rd Ave. Post Falls ID 83854)
Coeur d' Alene, ID
83816-3816
Website: www.khouse.org
Phone:(800) 546-8731, (208) 773-6310
Email:You need to enable javascript to see the email

Organization Details [ Back to top ]

EIN: 237292636
CEO/President: Dr. Chuck Missler Tax Deductible: Yes
Chairman: Fiscal Year End: December 31
Board Size: 4 Financial info from: 990
Founder: Dr. & Mrs. Chuck Missler Member of ECFA: No
Year Founded: 1972 Member of ECFA since:

Purpose [ Back to top ]

Koinonia is a New Testament word which is most often translated to mean "communication", "fellowship", or "communion". Koinonia House, or K-House as it is affectionately called, is dedicated to the development and distribution of materials for encouraging and facilitating serious study of the Bible as the inerrant Word of God. It is a non-profit, 501(c)3 organization.

Mission Statement [ Back to top ]

Koinonia House uses the following to express is mission statement:


"To create, develop, and distribute materials to stimulate, encourage and facilitate serious study of the Bible as the inerrant Word of God."

Program Accomplishments [ Back to top ]

Need Program Accomoplishments info

Statement of Faith [ Back to top ]

This profile needs a statement of faith

History [ Back to top ]

K-House was founded by Chuck and Nancy Missler. Chuck, a Naval academy graduate and former Branch Chief of the Dept. of Guided Missiles, had a remarkable 30-year executive career. He served on the Board of Directors of 12 public companies and was CEO of 6 of them. For twenty years Chuck balanced his high-profile corporate career with his teaching committment to a weekly Bible study at Calvary Chapel Costa Mesa in Southern California. Nancy, while raising their four children, has touched the lives of thousands through her in-depth teaching of Biblical discoveries in her "Way of Agape" and "Be Ye Transformed" books and tape series.

After a devastating earthquake in 1992 demolished their home in Big Bear, California, Chuck and Nan moved Koinonia House to Coeur d'Alene, Idaho and K-House now reaches tens of thousands through its monthly newsletter, radio shows, cassette tapes, and conferences. More than eight million study tapes have been distributed in the U.S. and in over 35 countries around the world.

Ministry Needs [ Back to top ]

This organization has not offered MinistryWatch.com with specific needs to be posted on the profile. At such a time that MinistryWatch.com receives a response from the ministry, it will be posted immediately.

Research Analysis

Transparency Grade [ Back to top ]

Transparency Grade of : B
Criteria categoryGradeOther Comments
Timeliness:7010/28/2011 7:14:57 PM: Organization made financial information available greater than 7 ½ months.
Financial Information:80
Foundational Clarity:10010/28/2011 7:15:09 PM: Descriptive information was abundant and thorough.
Level of Cooperation:
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MinistryWatch.com 5 Star Financial Efficiency Ratings [ Back to top ]

Ranking CategoryRatingOverall RankChristian Growth Sector
Overall Efficiency RatingStarStar282 of 348    27 of 37
Fund Acquisition DecisionStarStar282 of 348      27 of 37
Resource Allocation Decision of 348      9 of 37
Asset Utilization Decision of 348      9 of 37
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Ministry Statement or Response [ Back to top ]

Financial Information:

Financial Ratios[ Back to top ]

Funding RatiosDatabase Average20102009200820072006
Return on FR Efforts10%19%23%25%24%3%
Fundraising Cost Ratio7%8%-7%8%9%3%
Contributions Reliance83%40%-28%33%40%83%
Fundraising Expense Ratio7%7%7%8%8%9%
Other Revenue Reliance17%60%128%67%60%17%
Operating RatiosDatabase Average20102009200820072006
Program Expense Ratio80%74%73%71%72%71%
Spending Ratio104%114%-89%107%112%32%
Program Output Ratio84%84%-65%77%81%22%
Savings Ratio-4%-14%189%-7%-12%68%
Reserve Accumulation Rate4%-28%-415%-3%-4%76%
General & Admin Ratio13%19%19%21%20%20%
Investing RatiosDatabase Average20102009200820072006
Total Asset Turnover2.85x1.91x1.7x.44x.36x.34x
Degree of L-T Investment3.06x2x1.68x7.15x6.25x5.48x
Current Asset Turnover5.43x3.82x2.86x3.17x2.23x1.86x
Age of Assets10.5yr(s)0.0yr(s)0.0yr(s)0.0yr(s)0.0yr(s)0.0yr(s)
Liquidity RatiosDatabase Average20102009200820072006
Current Ratio3276.63x2.77x5.22x5.42x8.13x37.17x
Current Liabilities Ratio.38x.36x.19x.18x.12x.03x
Liquid Reserve Level4.95x2.01x3.39x3.08x4.72x6.29x
Solvency RatiosDatabase Average20102009200820072006
Liabilities Ratio.3x.19x.13x.03x.05x.04x
Debt Ratio.07x.01x.01x0x0x0x
Reserve Coverage Ratio81%42%51%219%266%284%

Financials[ Back to top ]

Balance Sheet
Assets20102009200820072006
Cash$293,264$208,873$214,828$521,470$823,106
Receivables, Inventories & Prepaids$602,139$933,911$885,493$810,200$741,139
Short-Term Investments$7,726$7,371$5,997$9,231$1,422
Total Current Assets$903,129$1,150,155$1,106,318$1,340,901$1,565,667
Long-Term Investments$0$0$5,908,528$6,445,580$6,445,580
Fixed Assets$199,228$202,986$226,494$274,311$299,829
Other Long-Term Assets$702,934$581,625$769,165$319,057$265,628
Total Long-Term Assets$902,162$784,611$6,904,187$7,038,948$7,011,037
TOTAL ASSETS$1,805,291$1,935,125$7,910,506$8,379,849$8,576,704
Liabilities20102009200820072006
Payables & Accrued Expenses$178,300$101,561$80,224$93,895$27,658
Other Current Liabilities$147,943$118,644$123,995$71,015$14,467
Total Current Liabilities$326,243$220,205$204,219$164,910$42,125
Debt$16,472$23,364$24,168$0$0
Other Long-Term Liabilities$0$0$0$268,013$264,438
Total Long-Term Liabilities$16,472$23,364$24,168$268,013$264,438
TOTAL LIABILITIES$342,715$243,568$228,386$432,923$306,563
Assets20102009200820072006
Unrestricted$1,462,576$1,691,557$7,682,120$7,946,926$8,270,141
Temporarily Restricted$0$0$0$0$0
Permanently Restricted$0$0$0$0$0
NET ASSETS$1,462,576$1,691,557$7,682,120$7,946,926$8,270,141
Revenue and Expenses
Revenue20102009200820072006
Total Contributions$1,223,870$1,052,741$1,071,394$1,056,159$7,640,222
Program Service Revenue$883,054$996,848$1,055,942$731,488$660,914
Membership Dues$0$0$0$0$0
Investment Income$541($5,908,192)$12,234$17,354$17,402
Other Revenue$927,195$1,103,525$1,126,290$863,749$860,203
Total Other Revenue$1,810,790($3,807,819)$2,194,466$1,612,591$1,538,519
TOTAL REVENUE$3,034,660($2,755,078)$3,265,860$2,668,750$9,178,741
Expenses20102009200820072006
Program Services$2,549,576$2,413,705$2,500,163$2,150,078$2,063,947
Management & General$668,530$637,367$742,831$592,673$588,489
Fundraising$228,007$242,567$266,085$249,216$255,594
TOTAL EXPENSES$3,446,113$3,293,639$3,509,079$2,991,967$2,908,030
Change in Net Assets20102009200820072006
SURPLUS (DEFICIT)($411,453)($6,048,717)($243,219)($323,217)$6,270,711
Other Changes in Net Assets$0$0$0$0$0
TOTAL CHANGE IN NET ASSETS($411,453)($6,048,717)($243,219)($323,217)$6,270,711