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

Financial efficiency ratings

Sector: Christian Growth

CategoryRatingOverall rankSector rank
Overall efficiency rating74 of 4306 of 46
Fund acquisition rating114 of 43013 of 46
Resource allocation rating83 of 4305 of 46
Asset utilization rating147 of 43011 of 46

Financial ratios

Funding ratiosMedian % for
all ministries in
MW database
20162015201420132012
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
7%0%1%0%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%40%32%54%47%39%
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%60%68%46%53%61%
 
Operating ratiosMedian % for
all ministries in
MW database
20162015201420132012
Program expense ratio Program expense ratio =
Program services /
Total expenses
83%89%97%90%90%87%
Spending ratio Spending ratio =
Total expenses /
Total revenue
99%104%82%98%113%80%
Program output ratio Program output ratio =
Program services /
Total revenue
81%92%80%88%101%70%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
1%-4%18%2%-13%20%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
3%-7%51%3%-15%26%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
10%11%2%10%10%13%
 
Investing ratiosMedian measure
for all ministries
in MW database
20162015201420132012
Total asset turnover Total asset turnover =
Total expenses /
Total assets
1.321.832.191.351.270.99
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
1.531.671.401.521.561.48
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
2.533.063.082.051.981.46
 
Liquidity ratiosMedian measure
for all ministries
in MW database
20162015201420132012
Current ratio Current ratio =
Total current assets /
Total current liabilities
9.0925.989.634.0610.1515.89
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.100.040.100.250.100.06
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
4.073.773.494.415.467.69
 
Solvency ratiosMedian % for
all ministries in
MW database
20162015201420132012
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
10%2%7%16%6%7%
Debt ratio Debt ratio =
Debt /
Total assets
0%0%0%0%0%3%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
63%53%42%62%74%94%

Financials

Balance sheet
 
Assets20162015201420132012
Cash$412,715$431,331$962,555$802,961$985,020
Receivables, inventories, prepaids$129,450$240,812$186,610$454,660$450,481
Short-term investments$146,100$253,637$250,344$26,619$28,654
Other current assets$0$0$0$0$0
Total current assets$688,265$925,780$1,399,509$1,284,240$1,464,155
Long-term investments$0$0$0$0$0
Fixed assets$22,808$24,435$126,702$134,912$136,091
Other long-term assets$438,552$350,000$598,378$587,825$563,702
Total long-term assets$461,360$374,435$725,080$722,737$699,793
Total assets$1,149,625$1,300,215$2,124,589$2,006,977$2,163,948
 
Liabilities20162015201420132012
Payables and accrued expenses$26,496$96,123$121,126$44,791$22,670
Other current liabilities$0$0$223,634$81,766$69,470
Total current liabilities$26,496$96,123$344,760$126,557$92,140
Debt$0$0$0$0$66,710
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$66,710
Total liabilities$26,496$96,123$344,760$126,557$158,850
 
Net assets20162015201420132012
Unrestricted$1,123,129$1,207,092$1,779,829$1,718,829$2,005,098
Temporarily restricted$0$0$0$0$0
Permanently restricted$0$0$0$0$0
Net assets$1,123,129$1,204,092$1,779,829$1,880,420$2,005,098
 
Revenues and expenses
 
Revenue20162015201420132012
Total contributions$810,743$1,108,423$1,575,283$1,059,842$1,047,711
Program service revenue$366,438$1,294,078$1,408,934$785,553$1,131,218
Membership dues$0$0$0$0$0
Investment income$31,349$24,575$3,894$5,954$7,045
Other revenue$813,851$1,039,588($55,117)$405,754$473,996
Total other revenue$1,211,638$2,358,241$1,357,711$1,197,261$1,612,259
Total revenue$2,022,381$3,466,664$2,932,994$2,257,103$2,659,970
 
Expenses20162015201420132012
Program services$1,867,038$2,774,557$2,584,355$2,278,410$1,864,037
Management and general$237,245$66,933$279,853$260,604$273,025
Fundraising$2,061$7,882$7,787$4,355$3,481
Total expenses$2,106,344$2,849,372$2,871,995$2,543,369$2,140,543
 
Change in net assets20162015201420132012
Surplus (deficit)($83,963)$617,292$60,999($286,266)$519,427
Other changes in net assets$0$0$0$0$0
Total change in net assets($83,963)$617,292$60,999($286,266)$519,427

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