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

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Transparency grade

D

To understand our transparency grade, click here.


Financial efficiency ratings

Sector: Evangelism Support

CategoryRatingOverall rankSector rank
Overall efficiency rating822 of 109724 of 35
Fund acquisition rating246 of 10998 of 35
Resource allocation rating805 of 109922 of 35
Asset utilization rating1089 of 109734 of 35

Financial ratios

Funding ratiosSector median20222021202020192018
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
5%3%3%2%6%7%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
5%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 ratiosSector median20222021202020192018
Program expense ratio Program expense ratio =
Program services /
Total expenses
84%82%80%81%82%81%
Spending ratio Spending ratio =
Total expenses /
Total revenue
91%89%103%77%95%102%
Program output ratio Program output ratio =
Program services /
Total revenue
78%73%82%62%78%83%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
9%11%-3%23%5%-2%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
8%1%0%3%1%0%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
10%15%17%17%13%13%
 
Investing ratiosSector median20222021202020192018
Total asset turnover Total asset turnover =
Total expenses /
Total assets
1.090.110.080.100.130.16
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
1.278.2710.697.559.549.31
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
1.440.890.820.781.231.46
 
Liquidity ratiosSector median20222021202020192018
Current ratio Current ratio =
Total current assets /
Total current liabilities
41.7831.4350.19123.7792.1618.35
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.020.030.020.010.010.05
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
7.2113.0614.2715.229.647.75
 
Solvency ratiosSector median20222021202020192018
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
3%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
83%926%1295%964%775%632%

Financials

Balance sheet
 
Assets20222021202020192018
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
 
Liabilities20222021202020192018
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 assets20222021202020192018
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
 
Revenue20222021202020192018
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
 
Expenses20222021202020192018
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 assets20222021202020192018
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

NameTitleCompensation
Charles GaldaPresident$105,800

Compensation data as of: 6/30/2022


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


Program accomplishments


Needs