Koinonia House Inc

Organization Overview

Koinonia House Inc is located in Post Falls, ID. The organization was established in 1973. According to its NTEE Classification (X20) the organization is classified as: Christianity, under the broad grouping of Religion-Related and related organizations. As of 12/2022, Koinonia House Inc employed 18 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Koinonia House Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2022, Koinonia House Inc generated $2.7m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.0% each year. All expenses for the organization totaled $2.5m during the year ending 12/2022. While expenses have increased by 2.2% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

TO CREATE, DEVELOP AND DISTRIBUTE MATERIALS TO STIMULATE, ENCOURAGE AND FACILITATE SERIOUS STUDY OF THE BIBLE AS THE INERRANT WORD OF GOD.

Describe the Organization's Program Activity:

Part 3 - Line 4a

KOINONIA INSTITUTE-RELIGIOUS EDUCATION PROVIDED BY AN ONLINE SCHOOL WHICH FOCUSES ON 3 AREAS: 1) TO PROVIDE INSTRUCTIONAL PROGRAMS TO FACILITATE SERIOUS STUDY OF THE BIBLE AMOUNG THINKING CHRISTIANS; 2) TO ENCOURAGE AND FACILITATE BOTH INDIVIDUAL AND SMALL GROUPS WEEKLY BIBLE STUDY PROGRAMS FOR PERSONAL GROWTH; AND 3) TO RESEARCH, MONITER AND PUBLISH INFORMATION TO STIMULATE AWARENESS OF THE STRATEGIC TRENDS WHICH IMPACT OUR TIMES AND OUR PERSONAL MINISTRIES. OUR MEMBERSHIP SPANS 75 COUNTRIES AND TERRITORIES. AS OF DECEMBER 31, WE HAVE 27,892 ACTIVE MEMEBERS, 2,757 TOTAL MEMBERS ENROLLED OF WHICH 3,193 HAVE EARNED THEIR BRONZE MEDALLIONS, 166 HAVE EARNED THEIR SILVER MEDALLIONS AND 44 HAVE EARNED THEIR GOLD MEDALLIONS.


OTHER PROGRAM SERVICES WOULD INCLUDE SUBSCRIPTIONS AND PRODUCT DISTRIBUTION. THESE PRODUCTS AND SUBSCRIPTIONS ARE FOR RELIGIOUS TEACHING MATERIALS, OF WHICH WE CURRENTLY PUBLISH 200 TITLES. OUR MONTHLY NEWS JOURNAL, PERSONAL UPDATE, HAS A SUBSCRIPTION BASE OF OVER 40,000 ELECTRONIC PUBLICATIONS WHICH ARE DISTRIBUTED FOR FREE. COMPLIMENTARY MATERIALS ARE SENT TO INMATES WHO REQUEST THEM.


MEDIA OUTREACH-K-HOUSE IS CURRENTLY ON OVER 800 RADIO, INTERNET AND SATELLITE STATIONS IN THE UNITED STATES. MOST OF THESE STATIONS ARE PART OF THE CSN INTERNATIONAL NETWORK OF STATIONS. WE ALSO HAVE RADIO COVERAGE IN CANADA, EUROPE, NEW ZEALAND AND AUSTRALIA. WE ALSO AIR OUR OUR COMMENTARY STUDIES ON TELEVISION IN THE UNITED STATES AND EUROPE. WE ALSO STREAM OUR COMMENTARY STUDIES AND "LEARN THE BIBLE IN 24 HOURS" STUDY ON THE INTERNET THROUGH WWW.KHOUSE.TV AND ON THE KOINONIA HOUSE YOU-TUBE CHANNEL.


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Board, Officers & Key Employees

Name (title)Compensation
Dave Hanson
Operations Mgr
$52,911
Ronald E Matsen
President & CEO
$0
Duane Matsen
Director
$0
Christopher S Corlett
Director
$0
Murray G Bell
Secretary/treas
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$1,012,310
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$1,012,310
Total Program Service Revenue$542,994
Investment income $1,398
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $53,082
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $1,045,786
Miscellaneous Revenue$0
Total Revenue $2,655,570

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