Vision New England 
The information on this page was last updated 9/27/2023. If you see errors or omissions, please email: [email protected]
Summary
Vision New England was founded by Alpine McLean and A.J. Gordon in 1887 as the Evangelistic Association of New England. Our mission was to "employ evangelists, establishing means of communication between such workers and those desiring evangelistic services, assisting such workers and encouraging both workers and communities to engage in such work ... and for any and all other purposes legitimately incidental to or in aid of" sharing the love of Jesus. While our methods have evolved with New England, evangelism is still why we exist.
Contact information
Mailing address:
Vision New England
PO Box 657
Stratham, NH 03885
Website: www.visionnewengland.org
Phone: 617-229-6225
Email: [email protected]
Organization details
EIN: 042121335
CEO/President: Charles Galda
Chairman: Sergio Perez
Board size: 17
Founder: Alpine McLean and A.J. Gordon
Ruling year: 1932
Tax deductible: Yes
Fiscal year end: 06/30
Member of ECFA: No
Member of ECFA since:
Purpose
Vision: We are an association of more than 1,000 ministries who want to see New England transformed with the love of Jesus.
Mission statement
Our role in this transformation is to build, support, and equip networks and ministries that make disciples (Matt. 28), do justice (Micah 6), and foster unity (John 17) to share Jesus.
Statement of faith
We embrace the historical creeds and the Lausanne Covenant as expressions of the aspirations, calling, and beliefs we share. We also affirm the local church as the primary leader in advancing the Kingdom of God, in a Kingdom mentality that empowers collaboration, and unity that honors our distinctions.
As the prophets of old called God's people back to faithfulness, we believe God is calling His people back to the fundamentals of our mission as His people ... to make disciples, do justice, foster unity, and share Jesus. We believe following these four commands inherently accelerates evangelism.
Donor confidence score
Transparency grade
D
To understand our transparency grade, click here.
Financial efficiency ratings
Sector: Evangelism Support
| Category | Rating | Overall rank | Sector rank |
| Overall efficiency rating | | 737 of 1118 | 21 of 35 |
| Fund acquisition rating | | 226 of 1119 | 6 of 35 |
| Resource allocation rating | | 635 of 1119 | 20 of 35 |
| Asset utilization rating | | 1105 of 1118 | 34 of 35 |
Financial ratios
| Funding ratios | Sector median | 2022 | 2021 | 2020 | 2019 | 2018 |
Return on fundraising efforts Return on fundraising efforts = Fundraising expense / Total contributions | 6% | 3% | 3% | 2% | 6% | 7% |
Fundraising cost ratio Fundraising cost ratio = Fundraising expense / Total revenue | 6% | 3% | 3% | 2% | 6% | 6% |
Contributions reliance Contributions reliance = Total contributions / Total revenue | 98% | 98% | 99% | 97% | 86% | 84% |
Fundraising expense ratio Fundraising expense ratio = Fundraising expense / Total expenses | 5% | 3% | 3% | 3% | 6% | 6% |
Other revenue reliance Other revenue reliance = Total other revenue / Total revenue | 2% | 2% | 1% | 3% | 14% | 16% |
| Operating ratios | Sector median | 2022 | 2021 | 2020 | 2019 | 2018 |
Program expense ratio Program expense ratio = Program services / Total expenses | 84% | 82% | 80% | 81% | 82% | 81% |
Spending ratio Spending ratio = Total expenses / Total revenue | 97% | 89% | 103% | 77% | 95% | 102% |
Program output ratio Program output ratio = Program services / Total revenue | 80% | 73% | 82% | 62% | 78% | 83% |
Savings ratio Savings ratio = Surplus (deficit) / Total revenue | 3% | 11% | -3% | 23% | 5% | -2% |
Reserve accumulation rate Reserve accumulation rate = Surplus (deficit) / Net assets | 5% | 1% | 0% | 3% | 1% | 0% |
General and admin ratio General and admin ratio = Management and general expense / Total expenses | 12% | 15% | 17% | 17% | 13% | 13% |
| Investing ratios | Sector median | 2022 | 2021 | 2020 | 2019 | 2018 |
Total asset turnover Total asset turnover = Total expenses / Total assets | 1.23 | 0.11 | 0.08 | 0.10 | 0.13 | 0.16 |
Degree of long-term investment Degree of long-term investment = Total assets / Total current assets | 1.33 | 8.27 | 10.69 | 7.55 | 9.54 | 9.31 |
Current asset turnover Current asset turnover = Total expenses / Total current assets | 1.70 | 0.89 | 0.82 | 0.78 | 1.23 | 1.46 |
| Liquidity ratios | Sector median | 2022 | 2021 | 2020 | 2019 | 2018 |
Current ratio Current ratio = Total current assets / Total current liabilities | 31.37 | 31.43 | 50.19 | 123.77 | 92.16 | 18.35 |
Current liabilities ratio Current liabilities ratio = Total current liabilities / Total current assets | 0.03 | 0.03 | 0.02 | 0.01 | 0.01 | 0.05 |
Liquid reserve level Liquid reserve level = (Total current assets - Total current liabilities) / (Total expenses / 12) | 6.59 | 13.06 | 14.27 | 15.22 | 9.64 | 7.75 |
| Solvency ratios | Sector median | 2022 | 2021 | 2020 | 2019 | 2018 |
Liabilities ratio Liabilities ratio = Total liabilities / Total assets | 7% | 0% | 0% | 0% | 0% | 1% |
Debt ratio Debt ratio = Debt / Total assets | 0% | 0% | 0% | 0% | 0% | 0% |
Reserve coverage ratio Reserve coverage ratio = Net assets / Total expenses | 78% | 926% | 1295% | 964% | 775% | 632% |
Financials
| Balance sheet | |||||
| Assets | 2022 | 2021 | 2020 | 2019 | 2018 |
| Cash | $596,907 | $623,278 | $710,537 | $515,607 | $529,748 |
| Receivables, inventories, prepaids | $120,000 | $0 | $1,251 | $35,675 | $11,178 |
| Short-term investments | $0 | $2,574 | $2,112 | $0 | $0 |
| Other current assets | $0 | $0 | $0 | $0 | $0 |
| Total current assets | $716,907 | $625,852 | $713,900 | $551,282 | $540,926 |
| Long-term investments | $0 | $0 | $0 | $0 | $0 |
| Fixed assets | $0 | $0 | $0 | $0 | $0 |
| Other long-term assets | $5,213,789 | $6,064,820 | $4,673,231 | $4,710,144 | $4,495,783 |
| Total long-term assets | $5,213,789 | $6,064,820 | $4,673,231 | $4,710,144 | $4,495,783 |
| Total assets | $5,930,696 | $6,690,672 | $5,387,131 | $5,261,426 | $5,036,709 |
| Liabilities | 2022 | 2021 | 2020 | 2019 | 2018 |
| Payables and accrued expenses | $22,808 | $12,469 | $5,768 | $5,920 | $26,049 |
| Other current liabilities | $0 | $0 | $0 | $62 | $3,428 |
| Total current liabilities | $22,808 | $12,469 | $5,768 | $5,982 | $29,477 |
| Debt | $0 | $0 | $0 | $0 | $0 |
| 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 | $0 |
| Total liabilities | $22,808 | $12,469 | $5,768 | $5,982 | $29,477 |
| Net assets | 2022 | 2021 | 2020 | 2019 | 2018 |
| Without donor restrictions | $571,328 | $461,438 | $488,497 | $450,685 | $416,834 |
| With donor restrictions | $5,336,560 | $6,216,765 | $4,892,866 | $4,804,759 | $4,590,398 |
| Net assets | $5,907,888 | $6,678,203 | $5,381,363 | $5,255,444 | $5,007,232 |
| Revenues and expenses | |||||
| Revenue | 2022 | 2021 | 2020 | 2019 | 2018 |
| Total contributions | $701,489 | $497,967 | $700,930 | $612,994 | $653,791 |
| Program service revenue | $16,597 | $1,193 | $15,277 | $96,470 | $121,304 |
| Membership dues | $0 | $0 | $0 | $0 | $0 |
| Investment income | $602 | $2,314 | $5,019 | $2,850 | $630 |
| Other revenue | $0 | $0 | $0 | $0 | $0 |
| Total other revenue | $17,199 | $3,507 | $20,296 | $99,320 | $121,934 |
| Total revenue | $718,688 | $501,474 | $721,226 | $712,314 | $775,725 |
| Expenses | 2022 | 2021 | 2020 | 2019 | 2018 |
| Program services | $521,554 | $411,224 | $450,463 | $553,950 | $643,657 |
| Management and general | $97,396 | $89,574 | $93,223 | $85,047 | $103,476 |
| Fundraising | $19,022 | $14,928 | $14,708 | $39,466 | $44,536 |
| Total expenses | $637,972 | $515,726 | $558,394 | $678,463 | $791,669 |
| Change in net assets | 2022 | 2021 | 2020 | 2019 | 2018 |
| Surplus (deficit) | $80,716 | ($14,252) | $162,832 | $33,851 | ($15,944) |
| Other changes in net assets | $0 | $0 | $0 | $0 | $0 |
| Total change in net assets | $80,716 | ($14,252) | $162,832 | $33,851 | ($15,944) |
Compensation
| Name | Title | Compensation |
| Charles Galda | President | $105,800 |
Compensation data as of: 6/30/2023
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 9/27/2023. To update the information below, please email: [email protected]
History
For a timeline, visit: visionnewengland.org/history