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.com

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.

Financial efficiency ratings

Sector: Evangelism Support

CategoryRatingOverall rankSector rank
Overall efficiency rating299 of 43030 of 44
Fund acquisition rating220 of 43026 of 44
Resource allocation rating178 of 43019 of 44
Asset utilization rating415 of 43042 of 44

Financial ratios

Funding ratiosMedian % for
all ministries in
MW database
20172016201520142013
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
7%7%11%3%7%7%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
6%5%6%2%5%4%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
95%63%56%63%71%55%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
6%5%6%2%5%5%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
5%37%44%37%29%45%
 
Operating ratiosMedian % for
all ministries in
MW database
20172016201520142013
Program expense ratio Program expense ratio =
Program services /
Total expenses
83%84%85%93%84%80%
Spending ratio Spending ratio =
Total expenses /
Total revenue
99%89%105%99%102%74%
Program output ratio Program output ratio =
Program services /
Total revenue
81%75%88%93%85%59%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
1%11%-5%1%-2%26%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
3%2%-1%0%0%6%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
10%11%10%5%11%15%
 
Investing ratiosMedian measure
for all ministries
in MW database
20172016201520142013
Total asset turnover Total asset turnover =
Total expenses /
Total assets
1.320.180.200.150.160.18
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
1.539.1710.729.689.718.84
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
2.531.612.101.481.551.57
 
Liquidity ratiosMedian measure
for all ministries
in MW database
20172016201520142013
Current ratio Current ratio =
Total current assets /
Total current liabilities
9.09137.3143.9246.9018.8222.30
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.100.010.020.020.050.04
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
4.077.405.577.957.337.30
 
Solvency ratiosMedian % for
all ministries in
MW database
20172016201520142013
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
10%0%0%0%1%1%
Debt ratio Debt ratio =
Debt /
Total assets
0%0%0%0%0%0%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
63%569%508%654%623%560%

Financials

Balance sheet
 
Assets20172016201520142013
Cash$525,994$412,393$466,502$363,209$472,959
Receivables, inventories, prepaids$5,268$17,146$2,290$9,478$14,356
Short-term investments$0$0$0$107,022$0
Other current assets$0$0$0$0$0
Total current assets$531,262$429,539$468,792$479,709$487,315
Long-term investments$0$0$0$0$0
Fixed assets$0$0$0($18,700)$996
Other long-term assets$4,340,490$4,173,899$4,070,555$4,198,201$3,817,638
Total long-term assets$4,340,490$4,173,899$4,070,555$4,179,501$3,818,634
Total assets$4,871,752$4,603,438$4,539,347$4,659,210$4,305,949
 
Liabilities20172016201520142013
Payables and accrued expenses$3,869$9,779$9,995$25,485$21,853
Other current liabilities$0$0$0$0$0
Total current liabilities$3,869$9,779$9,995$25,485$21,853
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$3,869$9,779$9,995$25,485$21,853
 
Net assets20172016201520142013
Unrestricted$432,778$302,469$320,644$330,535$320,852
Temporarily restricted$14,118$36,794$57,656$43,192$65,109
Permanently restricted$4,420,987$4,254,396$4,151,052$4,259,998$3,898,135
Net assets$4,867,883$4,593,659$4,529,352$4,633,725$4,284,096
 
Revenues and expenses
 
Revenue20172016201520142013
Total contributions$603,147$487,120$439,542$515,608$567,071
Program service revenue$164,482$189,422$76,462$37,942$8,837
Membership dues$0$0$0$0$0
Investment income$194,791$188,280$180,699$177,749$185,407
Other revenue$0$0$0$0$278,960
Total other revenue$359,273$377,702$257,161$215,691$473,204
Total revenue$962,420$864,822$696,703$731,299$1,040,275
 
Expenses20172016201520142013
Program services$718,516$763,921$645,430$624,076$611,910
Management and general$92,096$88,370$32,434$84,263$114,558
Fundraising$44,175$51,568$14,266$35,194$38,343
Total expenses$854,787$903,859$692,130$743,533$764,811
 
Change in net assets20172016201520142013
Surplus (deficit)$107,633($39,037)$4,573($12,234)$275,464
Other changes in net assets$166,591$103,344($108,946)$361,863$0
Total change in net assets$274,224$64,307($104,373)$349,629$275,464

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