Koinonia House, Inc. / Chuck Missler

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

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

Email: update@khouse.org


Organization details

EIN: 237292636

CEO/President: Dr. Chuck Missler

Chairman:

Board size: 4

Founder: Dr. & Mrs. Chuck Missler

Year founded: 1972

Tax deductible: Yes

Fiscal year end: 12/31

Member of ECFA: No

Member of ECFA since:


Purpose

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

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."


Statement of faith

Transparency grade

D

To understand our transparency grade, click here.


Financial efficiency ratings

Sector: Christian Growth

CategoryRatingOverall rankSector rank
Overall efficiency rating196 of 72513 of 56
Fund acquisition rating120 of 72611 of 56
Resource allocation rating114 of 72613 of 56
Asset utilization rating576 of 72538 of 56

Financial ratios

Funding ratiosSector median20182017201620152014
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
7%1%0%0%1%0%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
5%0%0%0%0%0%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
83%60%83%40%32%54%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
5%0%0%0%0%0%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
17%40%17%60%68%46%
 
Operating ratiosSector median20182017201620152014
Program expense ratio Program expense ratio =
Program services /
Total expenses
78%86%84%89%97%92%
Spending ratio Spending ratio =
Total expenses /
Total revenue
97%88%77%104%82%119%
Program output ratio Program output ratio =
Program services /
Total revenue
76%76%64%92%80%109%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
3%12%23%-4%18%-19%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
4%9%20%-7%51%-96%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
13%13%16%11%2%8%
 
Investing ratiosSector median20182017201620152014
Total asset turnover Total asset turnover =
Total expenses /
Total assets
1.150.610.631.832.192.29
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
1.371.481.441.671.411.09
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
2.080.910.903.063.082.50
 
Liquidity ratiosSector median20182017201620152014
Current ratio Current ratio =
Total current assets /
Total current liabilities
11.4713.7711.8525.989.631.49
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.090.070.080.040.100.67
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
5.0112.2212.153.773.491.58
 
Solvency ratiosSector median20182017201620152014
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
8%5%6%2%7%62%
Debt ratio Debt ratio =
Debt /
Total assets
0%0%0%0%0%0%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
74%155%150%53%42%17%

Financials

Balance sheet
 
Assets20182017201620152014
Cash$749,995$777,966$412,715$431,331$962,555
Receivables, inventories, prepaids$192,339$112,049$129,450$240,812$192,496
Short-term investments$153,409$151,201$146,100$253,637$250,344
Other current assets$0$0$0$0$0
Total current assets$1,095,743$1,041,216$688,265$925,780$1,405,395
Long-term investments$0$0$0$0$0
Fixed assets$9,094$19,060$22,808$27,435$126,702
Other long-term assets$519,780$437,674$438,552$350,000$0
Total long-term assets$528,874$456,734$461,360$377,435$126,702
Total assets$1,624,617$1,497,950$1,149,625$1,303,215$1,532,097
 
Liabilities20182017201620152014
Payables and accrued expenses$79,574$87,855$26,496$96,123$646,936
Other current liabilities$0$0$0$0$295,360
Total current liabilities$79,574$87,855$26,496$96,123$942,296
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$79,574$87,855$26,496$96,123$942,296
 
Net assets20182017201620152014
Unrestricted$1,545,043$1,410,095$1,123,129$1,207,092$589,801
Temporarily restricted$0$0$0$0$0
Permanently restricted$0$0$0$0$0
Net assets$1,545,043$1,410,095$1,123,129$1,207,092$589,801
 
Revenues and expenses
 
Revenue20182017201620152014
Total contributions$684,360$1,022,073$810,743$1,108,423$1,588,212
Program service revenue$603,692$291,747$366,438$1,294,078$1,408,934
Membership dues$0$0$0$0$0
Investment income$57,858$5,866$31,349$24,575$3,894
Other revenue($213,297)($91,367)$813,851$1,039,588($55,117)
Total other revenue$448,253$206,246$1,211,638$2,358,241$1,357,711
Total revenue$1,132,613$1,228,319$2,022,381$3,466,664$2,945,923
 
Expenses20182017201620152014
Program services$862,668$791,201$1,867,038$2,774,557$3,223,218
Management and general$131,530$150,152$237,245$66,933$279,853
Fundraising$3,467$0$2,061$7,882$7,787
Total expenses$997,665$941,353$2,106,344$2,849,372$3,510,858
 
Change in net assets20182017201620152014
Surplus (deficit)$134,948$286,966($83,963)$617,292($564,935)
Other changes in net assets$0$0$0$0$0
Total change in net assets$134,948$286,966($83,963)$617,292($564,935)

Compensation

NameTitleCompensation
Dave HansonOperations Mgr$50,877

Compensation data as of: 12/31/2018


Response from ministry

No response has been provided by this ministry.


History

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.


Program accomplishments


Needs