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 rating141 of 43911 of 50
Fund acquisition rating40 of 4396 of 50
Resource allocation rating183 of 43918 of 50
Asset utilization rating308 of 43932 of 50

Financial ratios

Funding ratiosMedian % for
all ministries in
MW database
20172016201520142013
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
7%0%0%1%0%0%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
6%0%0%0%0%0%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
95%83%40%32%54%47%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
6%0%0%0%0%0%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
5%17%60%68%46%53%
 
Operating ratiosMedian % for
all ministries in
MW database
20172016201520142013
Program expense ratio Program expense ratio =
Program services /
Total expenses
82%84%89%97%90%90%
Spending ratio Spending ratio =
Total expenses /
Total revenue
99%77%104%82%98%113%
Program output ratio Program output ratio =
Program services /
Total revenue
81%64%92%80%88%101%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
1%23%-4%18%2%-13%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
2%20%-7%51%3%-15%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
10%16%11%2%10%10%
 
Investing ratiosMedian measure
for all ministries
in MW database
20172016201520142013
Total asset turnover Total asset turnover =
Total expenses /
Total assets
1.270.631.832.191.351.27
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
1.541.441.671.401.521.56
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
2.450.903.063.082.051.98
 
Liquidity ratiosMedian measure
for all ministries
in MW database
20172016201520142013
Current ratio Current ratio =
Total current assets /
Total current liabilities
8.0511.8525.989.634.0610.15
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.110.080.040.100.250.10
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
4.0712.153.773.494.415.46
 
Solvency ratiosMedian % for
all ministries in
MW database
20172016201520142013
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
10%6%2%7%16%6%
Debt ratio Debt ratio =
Debt /
Total assets
0%0%0%0%0%0%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
63%150%53%42%62%74%

Financials

Balance sheet
 
Assets20172016201520142013
Cash$777,966$412,715$431,331$962,555$802,961
Receivables, inventories, prepaids$112,049$129,450$240,812$186,610$454,660
Short-term investments$151,201$146,100$253,637$250,344$26,619
Other current assets$0$0$0$0$0
Total current assets$1,041,216$688,265$925,780$1,399,509$1,284,240
Long-term investments$0$0$0$0$0
Fixed assets$19,060$22,808$24,435$126,702$134,912
Other long-term assets$437,674$438,552$350,000$598,378$587,825
Total long-term assets$456,734$461,360$374,435$725,080$722,737
Total assets$1,497,950$1,149,625$1,300,215$2,124,589$2,006,977
 
Liabilities20172016201520142013
Payables and accrued expenses$87,855$26,496$96,123$121,126$44,791
Other current liabilities$0$0$0$223,634$81,766
Total current liabilities$87,855$26,496$96,123$344,760$126,557
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$87,855$26,496$96,123$344,760$126,557
 
Net assets20172016201520142013
Unrestricted$1,410,095$1,123,129$1,207,092$1,779,829$1,718,829
Temporarily restricted$0$0$0$0$0
Permanently restricted$0$0$0$0$0
Net assets$1,410,095$1,123,129$1,204,092$1,779,829$1,880,420
 
Revenues and expenses
 
Revenue20172016201520142013
Total contributions$1,022,073$810,743$1,108,423$1,575,283$1,059,842
Program service revenue$291,747$366,438$1,294,078$1,408,934$785,553
Membership dues$0$0$0$0$0
Investment income$5,866$31,349$24,575$3,894$5,954
Other revenue($91,367)$813,851$1,039,588($55,117)$405,754
Total other revenue$206,246$1,211,638$2,358,241$1,357,711$1,197,261
Total revenue$1,228,319$2,022,381$3,466,664$2,932,994$2,257,103
 
Expenses20172016201520142013
Program services$791,201$1,867,038$2,774,557$2,584,355$2,278,410
Management and general$150,152$237,245$66,933$279,853$260,604
Fundraising$0$2,061$7,882$7,787$4,355
Total expenses$941,353$2,106,344$2,849,372$2,871,995$2,543,369
 
Change in net assets20172016201520142013
Surplus (deficit)$286,966($83,963)$617,292$60,999($286,266)
Other changes in net assets$0$0$0$0$0
Total change in net assets$286,966($83,963)$617,292$60,999($286,266)

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