Vision House

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

This ministry has not been assigned a transparency grade.

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Financial efficiency ratings

Sector: Rescue Missions/Homeless Shelters

CategoryRatingOverall rankSector rank
Overall efficiency rating440 of 62441 of 51
Fund acquisition rating404 of 62536 of 51
Resource allocation rating254 of 62525 of 51
Asset utilization rating502 of 62447 of 51

Financial ratios

Funding ratiosSector median20182017201620152014
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
12%17%18%15%24%16%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
10%11%11%9%11%9%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
92%66%62%63%48%54%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
11%12%11%10%10%9%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
8%34%38%37%52%46%
 
Operating ratiosSector median20182017201620152014
Program expense ratio Program expense ratio =
Program services /
Total expenses
79%79%81%81%79%81%
Spending ratio Spending ratio =
Total expenses /
Total revenue
99%95%104%93%114%93%
Program output ratio Program output ratio =
Program services /
Total revenue
76%75%84%76%91%75%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
1%5%-4%7%-14%7%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
1%2%-1%3%-5%2%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
9%9%8%8%11%10%
 
Investing ratiosSector median20182017201620152014
Total asset turnover Total asset turnover =
Total expenses /
Total assets
0.570.390.390.370.350.28
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
3.646.856.617.8211.9910.84
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
2.292.672.612.884.163.07
 
Liquidity ratiosSector median20182017201620152014
Current ratio Current ratio =
Total current assets /
Total current liabilities
9.355.357.076.063.935.91
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.110.190.140.160.250.17
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
4.803.663.953.482.153.25
 
Solvency ratiosSector median20182017201620152014
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
7%7%6%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
162%239%237%255%270%333%

Financials

Balance sheet
 
Assets20182017201620152014
Cash$1,074,016$992,042$844,203$716,852$644,480
Receivables, inventories, prepaids$363,032$450,706$389,233$64,544$253,294
Short-term investments$0$0$0$0$0
Other current assets$0$0$0$0$0
Total current assets$1,437,048$1,442,748$1,233,436$781,396$897,774
Long-term investments$249,519$262,747$273,128$257,051$257,054
Fixed assets$8,156,085$7,834,008$8,134,992$8,329,225$8,574,577
Other long-term assets$0$0$0$0$0
Total long-term assets$8,405,604$8,096,755$8,408,120$8,586,276$8,831,631
Total assets$9,842,652$9,539,503$9,641,556$9,367,672$9,729,405
 
Liabilities20182017201620152014
Payables and accrued expenses$268,570$203,949$203,435$198,876$152,033
Other current liabilities$0$0$0$0$0
Total current liabilities$268,570$203,949$203,435$198,876$152,033
Debt$401,344$399,077$400,402$401,854$403,480
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$0$0$0$0$0
Total long-term liabilities$401,344$399,077$400,402$401,854$403,480
Total liabilities$669,914$603,026$603,837$600,730$555,513
 
Net assets20182017201620152014
Unrestricted$7,393,079$6,877,690$7,150,854$7,470,230$7,730,376
Temporarily restricted$735,659$2,014,787$1,842,865$1,252,712$1,399,516
Permanently restricted$44,000$44,000$44,000$44,000$44,000
Net assets$9,172,738$8,936,477$9,037,719$8,766,942$9,173,892
 
Revenues and expenses
 
Revenue20182017201620152014
Total contributions$2,666,652$2,239,150$2,403,653$1,371,247$1,601,341
Program service revenue$1,473,484$1,455,599$1,478,536$1,523,195$1,392,290
Membership dues$0$0$0$0$0
Investment income$17,876$17,858$15,081$661$9,444
Other revenue($105,917)($82,201)($78,331)($51,120)($48,454)
Total other revenue$1,385,443$1,391,256$1,415,286$1,472,736$1,353,280
Total revenue$4,052,095$3,630,406$3,818,939$2,843,983$2,954,621
 
Expenses20182017201620152014
Program services$3,046,450$3,055,729$2,890,715$2,579,298$2,226,682
Management and general$339,816$306,180$300,448$346,761$272,418
Fundraising$447,952$402,291$356,999$324,874$257,537
Total expenses$3,834,218$3,764,200$3,548,162$3,250,933$2,756,637
 
Change in net assets20182017201620152014
Surplus (deficit)$217,877($133,794)$270,777($406,950)$197,984
Other changes in net assets$0$0$0$0$0
Total change in net assets$217,877($133,794)$270,777($406,950)$197,984

Response from ministry

No response has been provided by this ministry.


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