Koinonia House Inc
- Assets
- $2.8m
- Revenue
- $2.0m
- Investments
- $0.0
- Employees
- 10
- Location
- Post Falls, ID
- Founding
- 06/1973
- Data as of
- 12/2021
- EIN
- 23-7292636
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 12/2021, Koinonia House Inc employed 10 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 12/2021, Koinonia House Inc generated $2.0m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (7.5%) each year. All expenses for the organization totaled $1.0m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (13.7%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
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 22,294 ACTIVE MEMEBERS, 22,906 TOTAL MEMBERS ENROLLED OF WHICH 3,041 HAVE EARNED THEIR BRONZE MEDALLIONS, 155 HAVE EARNED THEIR SILVER MEDALLIONS AND 34 HAVE EARNED THEIR GOLD MEDALLIONS.
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.
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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dave Hanson Operations Mgr | OfficerTrustee | 40 | $60,062 |
Ronald E Matsen President & CEO | OfficerTrustee | 40 | $0 |
Murray G Bell Secretary/treas | OfficerTrustee | 20 | $0 |
Duane Matsen Director | Trustee | 20 | $0 |
Christopher S Corlett Director | Trustee | 20 | $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 | $908,423 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $908,423 |
| Total Program Service Revenue | $15 |
| Investment income | $41,027 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $1,051,889 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,001,354 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $46,000 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $60,062 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $356,752 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $23,967 |
| Payroll taxes | $37,513 |
| Fees for services: Management | $8,425 |
| Fees for services: Legal | $270 |
| Fees for services: Accounting | $5,639 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $36,077 |
| Office expenses | $19,637 |
| Information technology | $31,757 |
| Royalties | $0 |
| Occupancy | $118,186 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $7,192 |
| Insurance | $0 |
| All other expenses | $1,350 |
| Total functional expenses | $1,012,583 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,077,804 |
| Savings and temporary cash investments | $124,760 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $10,571 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $1,356,737 |
| Inventories for sale or use | $133,077 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $43,105 |
| Investments—publicly traded securities | $89,780 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,835,834 |
| Accounts payable and accrued expenses | $28,739 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $28,739 |
| Net assets without donor restrictions | $2,807,095 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $2,835,834 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Koinonia House Inc has recieved totaling $730.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $730 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Union Gospel Mission Of Yakima Wash Yakima, WA | $12,139,044 | $14,954,134 |
Lynden Christian School Lynden, WA | $25,367,637 | $13,182,296 |
Luis Palau Association Portland, OR | $14,968,196 | $16,675,451 |
St Vincent Healthcare Foundation Billings, MT | $88,857,513 | $8,266,509 |
Village Missions Dallas, OR | $5,481,807 | $8,833,787 |
Community Development Inc Garden City, ID | $42,153,213 | $14,412,416 |
C I O S Wilson, WY | $98,349,403 | $2,570,504 |
Youth With A Mission Of Montana A Corporation Lakeside, MT | $4,211,244 | $6,186,840 |
The Lynn And Foster Friess Family Foundation Jackson, WY | $122,372,858 | $36,186,755 |
Black Diamond Camps Auburn, WA | $11,118,087 | $4,787,824 |
Serving Usa Inc Camas, WA | $2,399,183 | $3,743,258 |
Cannon Beach Conference Center Cannon Beach, OR | $14,722,335 | $5,412,142 |