Vision House

The information in this column was provided to MinistryWatch by the ministry itself. It was last updated 12/22/2020. To update the information in this column, please email: info@ministrywatch.com


Summary

Vision House is a Christian nonprofit that provides transitional housing, critical support and life skills training for families experiencing homelessness.


Contact information

Mailing address:
Vision House
P.O. Box 2951
Renton, WA 98056

Website: visionhouse.org

Phone: 425-228-6356

Email: info@visionhouse.org


Organization details

EIN: 911493474

CEO/President: Melissa Gehrig

Chairman: Bill Northey and Derek Sciba

Board size: 9

Founder: John and Susan Camerer

Year founded: 2005

Tax deductible: Yes

Fiscal year end: 12/31

Member of ECFA: Yes

Member of ECFA since: 2015


Purpose

To inspire our community to unite so that all people have access to a healthy home.


Mission statement

To follow Jesus in working with families experiencing poverty or homelessness to promote positive transformation.


Statement of faith

We believe In God, Creator and Lord of the Universe, the co-eternal triune God: Father, Son and Holy Spirit. (Deuteronomy 6:4; Hebrews 11:3; 2 Corinthians 13:14) 2. We believe that Jesus Christ, God's Son, was conceived by the Holy Spirit, born of the virgin Mary and lived a sinless life. He died on the cross, removing our guilt and reconciling us to God. He rose bodily from the dead and ascended into heaven where He is the only mediator between God and man. (Romans 3:25; Luke 1:26-38; Hebrews 7:24-25; 1 Corinthians 15; 1 Thessalonians 4:13-18; John 20:31) 3. We believe the Bible to be the inspired, the only infallible, authoritative Word of God, that all Scripture is inspired by God and is profitable for teaching, for reproof, for correction, for training in righteousness, that the believer may be adequately equipped for every good work. (2 Timothy 3:16-17; 2 Peter 1:20-21; Matthew 5:18; John 16:12-13) 4. We believe all people are created in the image of God, born sinners, incapable of returning to God except through salvation by grace, through faith in Christ Jesus alone. (Titus 2:11-14; Ephesians 2:8-10; John 1:12; 1 John 5:11-13) 5. We believe the Holy Spirit persuades us to repent of our sins, renews our hearts, and causes the Church and its people to grow in Christian maturity. (Acts 1:8; Romans 8:9; 1 Corinthians 12:12-14; Ephesians 5:18-20; 1 Corinthians 3:16-17) 6. We believe in one holy, universal and apostolic Church, which is called to worship God, preach the Gospel, make disciples, promote righteousness and justice, and relieve human suffering. (Ephesians 1:22-23; Ephesians 5:25-27; 1 Corinthians 12:12-14) 7. We believe that Christ will return to raise the dead, judge all people and establish His glorious kingdom. ( John 5:28-29; John 11:25-26; Revelation 20:5-15)

Transparency grade

A

To understand our transparency grade, click here.


Financial efficiency ratings

Sector: Rescue Missions/Homeless Shelters

CategoryRatingOverall rankSector rank
Overall efficiency rating712 of 940121 of 160
Fund acquisition rating536 of 94293 of 160
Resource allocation rating530 of 94289 of 160
Asset utilization rating737 of 940135 of 160

Financial ratios

Funding ratiosSector median20192018201720162015
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
10%12%17%18%15%24%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
8%9%11%11%9%11%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
91%74%66%62%63%48%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
10%12%12%11%10%10%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
9%26%34%38%37%52%
 
Operating ratiosSector median20192018201720162015
Program expense ratio Program expense ratio =
Program services /
Total expenses
80%78%79%81%81%79%
Spending ratio Spending ratio =
Total expenses /
Total revenue
95%74%95%104%93%114%
Program output ratio Program output ratio =
Program services /
Total revenue
75%58%75%84%76%91%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
5%26%5%-4%7%-14%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
4%14%2%-1%3%-5%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
9%10%9%8%8%11%
 
Investing ratiosSector median20192018201720162015
Total asset turnover Total asset turnover =
Total expenses /
Total assets
0.580.370.390.390.370.35
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
3.766.366.856.617.8211.99
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
2.242.362.672.612.884.16
 
Liquidity ratiosSector median20192018201720162015
Current ratio Current ratio =
Total current assets /
Total current liabilities
10.145.895.357.076.063.93
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.080.170.190.140.160.25
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
4.454.233.663.953.482.15
 
Solvency ratiosSector median20192018201720162015
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
10%6%7%6%6%6%
Debt ratio Debt ratio =
Debt /
Total assets
1%4%4%4%4%4%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
141%253%239%237%255%270%

Financials

Balance sheet
 
Assets20192018201720162015
Cash$1,687,009$1,074,016$992,042$844,203$716,852
Receivables, inventories, prepaids$99,037$363,032$450,706$389,233$64,544
Short-term investments$0$0$0$0$0
Other current assets$0$0$0$0$0
Total current assets$1,786,046$1,437,048$1,442,748$1,233,436$781,396
Long-term investments$141,188$249,519$262,747$273,128$257,051
Fixed assets$9,425,189$8,156,085$7,834,008$8,134,992$8,329,225
Other long-term assets$0$0$0$0$0
Total long-term assets$9,566,377$8,405,604$8,096,755$8,408,120$8,586,276
Total assets$11,352,423$9,842,652$9,539,503$9,641,556$9,367,672
 
Liabilities20192018201720162015
Payables and accrued expenses$303,350$268,570$203,949$203,435$198,876
Other current liabilities$0$0$0$0$0
Total current liabilities$303,350$268,570$203,949$203,435$198,876
Debt$404,637$401,344$399,077$400,402$401,854
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$0$0$0$0$0
Total long-term liabilities$404,637$401,344$399,077$400,402$401,854
Total liabilities$707,987$669,914$603,026$603,837$600,730
 
Net assets20192018201720162015
Without donor restrictions$8,876,786$7,393,079$6,877,690$7,150,854$7,470,230
With donor restrictions$1,767,650$1,779,659$2,058,787$1,886,865$1,296,712
Net assets$10,644,436$9,172,738$8,936,477$9,037,719$8,766,942
 
Revenues and expenses
 
Revenue20192018201720162015
Total contributions$4,170,990$2,666,652$2,239,150$2,403,653$1,371,247
Program service revenue$1,558,236$1,473,484$1,455,599$1,478,536$1,523,195
Membership dues$0$0$0$0$0
Investment income$39,429$17,876$17,858$15,081$661
Other revenue($108,987)($105,917)($82,201)($78,331)($51,120)
Total other revenue$1,488,678$1,385,443$1,391,256$1,415,286$1,472,736
Total revenue$5,659,668$4,052,095$3,630,406$3,818,939$2,843,983
 
Expenses20192018201720162015
Program services$3,298,551$3,046,450$3,055,729$2,890,715$2,579,298
Management and general$417,839$339,816$306,180$300,448$346,761
Fundraising$493,760$447,952$402,291$356,999$324,874
Total expenses$4,210,150$3,834,218$3,764,200$3,548,162$3,250,933
 
Change in net assets20192018201720162015
Surplus (deficit)$1,449,518$217,877($133,794)$270,777($406,950)
Other changes in net assets$0$0$0$0$0
Total change in net assets$1,449,518$217,877($133,794)$270,777($406,950)

Compensation

NameTitleCompensation
Melissa GehrigExecutive Director$122,953
James RicheyDirector of Operations$58,137
Jeff DarrFinance Manager$48,640

Compensation data as of: 12/31/2019


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 12/22/2020. To update the information below, please email: info@ministrywatch.com


History

Founded in 1990 in Renton, WA, Vision House was born out of a God-given conviction in the hearts of John and Susan Camerer to reach and support single moms with kids at risk of ending up on the streets. Vision House has been providing transitional housing with supportive services for the past 30 years to help families experiencing homelessness move from crisis to stability and self-sufficiency. The ministry has grown from serving two single mothers and their kids at one time to now serving over 300 families a year, supporting single mothers, single fathers and two-parent families. Our program is infused with the commitment and passion to see lives changed and the cycle of homelessness broken for the next generation.


Program accomplishments


Needs