Vision New England

Summary

Vision New England ("VNE") formerly known as the Evangelistic Association of New England, has brought believers and churches together for evangelism and renewal. Now the largest regional association in the country, more than 28 Vision New England ministry initiatives serve more than 3,000 churches in 80 denominations. As the region's leading resource for pastors and churches, Vision New England is an interdependent network of individual Christians and local churches who are committed to reaching New England through healthy churches. VNE is organized as a nonprofit organization. Contributions to VNE are fully deductible to the extent allowed by the law. VNE is a member of the Evangelical Council for Financial Accountability (ECFA).


Contact information

Mailing address:
468 Great Road
Acton, MA 01720-4102

Website: www.visionnewengland.org

Phone: (978) 929-9800

Email: info@vision4ne.org


Organization details

EIN: 042121335

CEO/President: Rev. Dr. David Midwood

Chairman: Mr. Caleb Loring III

Board size: 14

Founder: Group of Christian laymen

Year founded: 1889

Tax deductible: Yes

Fiscal year end: 06/30

Member of ECFA: Yes

Member of ECFA since: 1987


Purpose

Vision New England ("VNE") formerly known as the Evangelistic Association of New England, has brought believers and churches together for evangelism and renewal. Now the largest regional association in the country, more than 28 VNE ministry initiatives serve more than 3,000 churches in 80 denominations. As the region's leading resource for pastors and churches, VNE is an interdependent network of individual Christians and local churches who are committed to reaching New England through healthy churches.

VNE is organized as a nonprofit organization. Contributions to VNE are fully deductible to the extent allowed by the law. VNE is a member of the Evangelical Council for Financial Accountability (ECFA).


Mission statement

VNE uses the following to communicate its mission:

To partner with pastors, leades and believers in order to strenghten local churches and foster siritual renewal throughout New England.


Statement of faith

Vision New England("VNE") uses the following to express its Statement of Faith:

The Bible to be the inspired, the only infallible, authoritative Word of God.
There is one God, eternally existent in three persons: Father, Son and Holy Spirit.
The deity of our Lord Jesus Christ, His virgin Birth, His sinless life, His miracles, His vicarious and atoning death through His shed blood, His bodily resurrection, His ascension to the right hand of the Father, and His personal return in power and glory.
That for the salvation of lost and sinful man, regeneration by the Holy Spirit is absolutely essential.
The present ministry of the Holy Spirit by whose indwelling the Christian is enabled to live a godly life.
The resurrection of both the saved and the lost; they that are saved unto the resurrection of life and they that are lost unto the resurrection of damnation.
The spiritual unity of believers in our Lord Jesus Christ.

Transparency grade

A

To understand our transparency grade, click here.


Financial efficiency ratings

Sector: Evangelism Support

CategoryRatingOverall rankSector rank
Overall efficiency rating631 of 72537 of 44
Fund acquisition rating432 of 72627 of 44
Resource allocation rating453 of 72626 of 44
Asset utilization rating712 of 72543 of 44

Financial ratios

Funding ratiosSector median20192018201720162015
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
5%6%7%6%11%3%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
5%6%6%5%6%2%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
96%86%84%83%56%63%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
5%6%6%5%6%2%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
4%14%16%17%44%37%
 
Operating ratiosSector median20192018201720162015
Program expense ratio Program expense ratio =
Program services /
Total expenses
83%82%81%84%85%93%
Spending ratio Spending ratio =
Total expenses /
Total revenue
96%95%102%89%105%99%
Program output ratio Program output ratio =
Program services /
Total revenue
81%78%83%75%88%93%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
4%5%-2%11%-5%1%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
4%1%0%2%-1%0%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
10%13%13%11%10%5%
 
Investing ratiosSector median20192018201720162015
Total asset turnover Total asset turnover =
Total expenses /
Total assets
1.300.130.160.180.200.15
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
1.299.549.319.1710.729.68
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
2.161.231.461.612.101.48
 
Liquidity ratiosSector median20192018201720162015
Current ratio Current ratio =
Total current assets /
Total current liabilities
18.9692.1618.35137.3143.9246.90
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.050.010.050.010.020.02
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
5.159.647.757.405.577.96
 
Solvency ratiosSector median20192018201720162015
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
5%0%1%0%0%0%
Debt ratio Debt ratio =
Debt /
Total assets
0%0%0%0%0%0%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
73%775%632%569%508%655%

Financials

Balance sheet
 
Assets20192018201720162015
Cash$515,607$529,748$525,994$412,393$466,502
Receivables, inventories, prepaids$35,675$11,178$5,268$17,146$2,290
Short-term investments$0$0$0$0$0
Other current assets$0$0$0$0$0
Total current assets$551,282$540,926$531,262$429,539$468,792
Long-term investments$0$0$0$0$0
Fixed assets$0$0$0$0$0
Other long-term assets$4,710,144$4,495,783$4,340,490$4,173,899$4,070,555
Total long-term assets$4,710,144$4,495,783$4,340,490$4,173,899$4,070,555
Total assets$5,261,426$5,036,709$4,871,752$4,603,438$4,539,347
 
Liabilities20192018201720162015
Payables and accrued expenses$5,920$26,049$3,869$9,779$9,995
Other current liabilities$62$3,428$0$0$0
Total current liabilities$5,982$29,477$3,869$9,779$9,995
Debt$0$0$0$0$0
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$0$0$0$0$0
Total long-term liabilities$0$0$0$0$0
Total liabilities$5,982$29,477$3,869$9,779$9,995
 
Net assets20192018201720162015
Unrestricted$450,685$416,834$432,778$302,469$320,644
Temporarily restricted$14,118$14,118$14,118$36,794$57,656
Permanently restricted$4,790,641$4,576,280$4,420,987$4,254,396$4,151,052
Net assets$5,255,444$5,007,232$4,867,883$4,593,659$4,529,352
 
Revenues and expenses
 
Revenue20192018201720162015
Total contributions$612,994$653,791$797,304$487,120$439,269
Program service revenue$96,470$121,304$164,482$189,422$76,599
Membership dues$0$0$0$0$0
Investment income$2,850$630$634$188,280$180,699
Other revenue$0$0$0$0$0
Total other revenue$99,320$121,934$165,116$377,702$257,298
Total revenue$712,314$775,725$962,420$864,822$696,567
 
Expenses20192018201720162015
Program services$553,950$643,657$718,516$763,921$645,294
Management and general$85,047$103,476$92,096$88,370$32,435
Fundraising$39,466$44,536$44,175$51,568$14,266
Total expenses$678,463$791,669$854,787$903,859$691,995
 
Change in net assets20192018201720162015
Surplus (deficit)$33,851($15,944)$107,633($39,037)$4,572
Other changes in net assets$0$0$0$0$0
Total change in net assets$33,851($15,944)$107,633($39,037)$4,572

Compensation

NameTitleCompensation
Ryan HowellPresident$40,000

Compensation data as of: 6/30/2019


Response from ministry

No response has been provided by this ministry.


History

New England is a place that needs Jesus. That's why in 1887 believers from seven denominations banded together as the Evangelistic Association of New England, now known as Vision New England.

Their visionary unity in Christ's service sparked an organization which would, in its first century, draw believers from some 80 denominations to unite in outreaches to diverse populations throughout the region.

Today, Vision New England's mission is to network individual Christians and local churches who are committed to evangelizing New England through healthy churches. We strive to be the best resource for equipping Christians in everyday evangelism, developing effective leaders, and growing a network of healthy churches.


Program accomplishments


Needs