Vision New England 
The information in this column was provided to MinistryWatch by the ministry itself. It was last updated 12/21/2021. To update the information in this column, please email: info@ministrywatch.com
Summary
Vision New England was founded in 1887 as the Evangelistic Association of New England, created
to "employ evangelists, establishing means of communication between such workers and those
desiring evangelistic services, assisting such workers and encouraging both workers and communities to engage in such work ... and for any and all other purposes legitimately incidental to or in aid of" sharing the love of Jesus.
While our methods have evolved, evangelism is still why we exist.
We bring believers together across historical boundaries to accelerate our shared
mission: to make disciples whose lives reflect the redeeming love of God, who do
justice in their communities, and humbly and relationally share their faith in Jesus.
Contact information
Mailing address:
Vision New England
PO Box 657
Stratham, NH 03885
Website: www.visionnewengland.org
Phone: 617-229-6225
Email: info@visionnewengland.org
Organization details
EIN: 042121335
CEO/President: Charles Galda
Chairman: Larry Ward
Board size: 17
Founder: Group of Christian laymen
Ruling year: 1932
Tax deductible: Yes
Fiscal year end: 06/30
Member of ECFA: No
Member of ECFA since:
Purpose
We are an association network of more than 1000 ministries who want to see New England transformed with the love of Jesus. We believe God will do that when we build relationships and collaborate to make disciples who do justice and earn space to share Christ's love.
Mission statement
Vision New England is a "connecting ministry." We use targeted events and technology to connect leaders and believers, build relationships, share, learn and collaborate. We do all this to accelerate the work of making disciples who do justice, and share Jesus.
Statement of faith
In addition to the historical creeds, we believe the local church has the primary leadership role in advancing the Kingdom of God, a Kingdom mentality that empowers collaboration, and
unity that honors our distinctions.
We embrace the Lausanne Covenant as an expression of our aspirations and calling,
and an affirmation of beliefs we share.
Transparency grade
D
To understand our transparency grade, click here.
Financial efficiency ratings
Sector: Evangelism Support
| Category | Rating | Overall rank | Sector rank |
| Overall efficiency rating | | 728 of 1010 | 33 of 51 |
| Fund acquisition rating | | 195 of 1012 | 12 of 51 |
| Resource allocation rating | | 673 of 1012 | 32 of 51 |
| Asset utilization rating | | 994 of 1010 | 49 of 51 |
Financial ratios
| Funding ratios | Sector median | 2020 | 2019 | 2018 | 2017 | 2016 |
Return on fundraising efforts Return on fundraising efforts = Fundraising expense / Total contributions | 5% | 2% | 6% | 7% | 6% | 11% |
Fundraising cost ratio Fundraising cost ratio = Fundraising expense / Total revenue | 5% | 2% | 6% | 6% | 5% | 6% |
Contributions reliance Contributions reliance = Total contributions / Total revenue | 97% | 97% | 86% | 84% | 83% | 56% |
Fundraising expense ratio Fundraising expense ratio = Fundraising expense / Total expenses | 5% | 3% | 6% | 6% | 5% | 6% |
Other revenue reliance Other revenue reliance = Total other revenue / Total revenue | 3% | 3% | 14% | 16% | 17% | 44% |
| Operating ratios | Sector median | 2020 | 2019 | 2018 | 2017 | 2016 |
Program expense ratio Program expense ratio = Program services / Total expenses | 84% | 81% | 82% | 81% | 84% | 85% |
Spending ratio Spending ratio = Total expenses / Total revenue | 94% | 77% | 95% | 102% | 89% | 105% |
Program output ratio Program output ratio = Program services / Total revenue | 79% | 62% | 78% | 83% | 75% | 88% |
Savings ratio Savings ratio = Surplus (deficit) / Total revenue | 6% | 23% | 5% | -2% | 11% | -5% |
Reserve accumulation rate Reserve accumulation rate = Surplus (deficit) / Net assets | 8% | 3% | 1% | 0% | 2% | -1% |
General and admin ratio General and admin ratio = Management and general expense / Total expenses | 11% | 17% | 13% | 13% | 11% | 10% |
| Investing ratios | Sector median | 2020 | 2019 | 2018 | 2017 | 2016 |
Total asset turnover Total asset turnover = Total expenses / Total assets | 1.28 | 0.10 | 0.13 | 0.16 | 0.18 | 0.20 |
Degree of long-term investment Degree of long-term investment = Total assets / Total current assets | 1.26 | 7.55 | 9.54 | 9.31 | 9.17 | 10.72 |
Current asset turnover Current asset turnover = Total expenses / Total current assets | 1.96 | 0.78 | 1.23 | 1.46 | 1.61 | 2.10 |
| Liquidity ratios | Sector median | 2020 | 2019 | 2018 | 2017 | 2016 |
Current ratio Current ratio = Total current assets / Total current liabilities | 24.33 | 123.77 | 92.16 | 18.35 | 137.31 | 43.92 |
Current liabilities ratio Current liabilities ratio = Total current liabilities / Total current assets | 0.03 | 0.01 | 0.01 | 0.05 | 0.01 | 0.02 |
Liquid reserve level Liquid reserve level = (Total current assets - Total current liabilities) / (Total expenses / 12) | 5.75 | 15.22 | 9.64 | 7.75 | 7.40 | 5.57 |
| Solvency ratios | Sector median | 2020 | 2019 | 2018 | 2017 | 2016 |
Liabilities ratio Liabilities ratio = Total liabilities / Total assets | 4% | 0% | 0% | 1% | 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% | 964% | 775% | 632% | 569% | 508% |
Financials
| Balance sheet | |||||
| Assets | 2020 | 2019 | 2018 | 2017 | 2016 |
| Cash | $710,537 | $515,607 | $529,748 | $525,994 | $412,393 |
| Receivables, inventories, prepaids | $1,251 | $35,675 | $11,178 | $5,268 | $17,146 |
| Short-term investments | $2,112 | $0 | $0 | $0 | $0 |
| Other current assets | $0 | $0 | $0 | $0 | $0 |
| Total current assets | $713,900 | $551,282 | $540,926 | $531,262 | $429,539 |
| Long-term investments | $0 | $0 | $0 | $0 | $0 |
| Fixed assets | $0 | $0 | $0 | $0 | $0 |
| Other long-term assets | $4,673,231 | $4,710,144 | $4,495,783 | $4,340,490 | $4,173,899 |
| Total long-term assets | $4,673,231 | $4,710,144 | $4,495,783 | $4,340,490 | $4,173,899 |
| Total assets | $5,387,131 | $5,261,426 | $5,036,709 | $4,871,752 | $4,603,438 |
| Liabilities | 2020 | 2019 | 2018 | 2017 | 2016 |
| Payables and accrued expenses | $5,768 | $5,920 | $26,049 | $3,869 | $9,779 |
| Other current liabilities | $0 | $62 | $3,428 | $0 | $0 |
| Total current liabilities | $5,768 | $5,982 | $29,477 | $3,869 | $9,779 |
| 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 | $5,768 | $5,982 | $29,477 | $3,869 | $9,779 |
| Net assets | 2020 | 2019 | 2018 | 2017 | 2016 |
| Without donor restrictions | $488,497 | $450,685 | $416,834 | $432,778 | $302,469 |
| With donor restrictions | $4,892,866 | $4,804,759 | $4,590,398 | $4,435,105 | $4,291,190 |
| Net assets | $5,381,363 | $5,255,444 | $5,007,232 | $4,867,883 | $4,593,659 |
| Revenues and expenses | |||||
| Revenue | 2020 | 2019 | 2018 | 2017 | 2016 |
| Total contributions | $700,930 | $612,994 | $653,791 | $797,304 | $487,120 |
| Program service revenue | $15,277 | $96,470 | $121,304 | $164,482 | $189,422 |
| Membership dues | $0 | $0 | $0 | $0 | $0 |
| Investment income | $5,019 | $2,850 | $630 | $634 | $188,280 |
| Other revenue | $0 | $0 | $0 | $0 | $0 |
| Total other revenue | $20,296 | $99,320 | $121,934 | $165,116 | $377,702 |
| Total revenue | $721,226 | $712,314 | $775,725 | $962,420 | $864,822 |
| Expenses | 2020 | 2019 | 2018 | 2017 | 2016 |
| Program services | $450,463 | $553,950 | $643,657 | $718,516 | $763,921 |
| Management and general | $93,223 | $85,047 | $103,476 | $92,096 | $88,370 |
| Fundraising | $14,708 | $39,466 | $44,536 | $44,175 | $51,568 |
| Total expenses | $558,394 | $678,463 | $791,669 | $854,787 | $903,859 |
| Change in net assets | 2020 | 2019 | 2018 | 2017 | 2016 |
| Surplus (deficit) | $162,832 | $33,851 | ($15,944) | $107,633 | ($39,037) |
| Other changes in net assets | $0 | $0 | $0 | $0 | $0 |
| Total change in net assets | $162,832 | $33,851 | ($15,944) | $107,633 | ($39,037) |
Compensation
| Name | Title | Compensation |
| Charles Galda | President | $91,000 |
Compensation data as of: 6/30/2020
Response from ministry
No response has been provided by this ministry.
The information below was provided to MinistryWatch by the ministry itself. It was last updated 12/21/2021. To update the information below, please email: info@ministrywatch.com
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.