VisionTrust International
The information on this page was last updated 4/24/2024. If you see errors or omissions, please email: [email protected]
Summary
Since 1997, VisionTrust International (VTI) has worked to provide care and ministry to vulnerable children in extreme poverty situations.
Contact information
Mailing address:
VisionTrust International
3710 Sinton Road #100
Colorado Springs, CO 80907
Website: www.visiontrust.org
Phone: (719) 268-2943
Email: [email protected]
Organization details
EIN: 841397081
CEO/President: Devlin Donaldson
Chairman: Jeff Behan
Board size: 7
Founder: Jeff Behan and Gary Ganz
Ruling year: 1997
Tax deductible: Yes
Fiscal year end: 06/30
Member of ECFA: Yes
Member of ECFA since: 1998
Purpose
We want to see children around the world grow up to live for God and love others. All of our programs seek to holistically care for children in their unique situation through health interventions, educational support, spiritual development, and community development.
Mission statement
We invest in the development of vulnerable children, equipping them to grow into mature Christians. We do this by empowering local Christian leaders to meet the health, education, and spiritual development needs of these children so they can thrive in and positively impact their communities.
Statement of faith
VisionTrust was founded as an extension of faith - to go forth and serve, particularly the most vulnerable among us. This means:
We believe there is one God, eternally existent in three persons: Father, Son and Holy Spirit. We believe the Bible to be the inspired, the only infallible and authoritative Word of God.
We believe in the Deity of our Lord Jesus Christ, in His virgin birth, in His vicarious and atoning death, in His bodily resurrection, in His ascension to the right hand of the Father, and in His personal return in power and glory.
We believe that the salvation of lost and sinful men is by the grace of God through faith in Christ and that regeneration by the Holy Spirit is absolutely essential.
We believe in the present ministry of the Holy Spirit by whose indwelling the Christian is enabled to live a godly life.
We believe in the resurrection of both the saved and the lost. They that are saved unto the resurrection of life and they that are lost unto the resurrection of eternal separation from God.
We believe in the spiritual unity of believers in Christ.
Donor confidence score
Transparency grade
A
To understand our transparency grade, click here.
Financial efficiency ratings
Sector: Foreign Missions
| Category | Rating | Overall rank | Sector rank |
| Overall efficiency rating | 535 of 1117 | 67 of 123 | |
| Fund acquisition rating |  | 538 of 1118 | 62 of 123 |
| Resource allocation rating | | 874 of 1118 | 96 of 123 |
| Asset utilization rating | | 232 of 1117 | 29 of 123 |
This ministry has a negative net worth, making it impossible to assign it a valid financial efficiency rating.
Financial ratios
| Funding ratios | Sector median | 2024 | 2023 | 2022 | 2021 | 2020 |
Return on fundraising efforts Return on fundraising efforts = Fundraising expense / Total contributions | 5% | 5% | 15% | 13% | 3% | 3% |
Fundraising cost ratio Fundraising cost ratio = Fundraising expense / Total revenue | 5% | 5% | 15% | 12% | 3% | 3% |
Contributions reliance Contributions reliance = Total contributions / Total revenue | 98% | 100% | 95% | 90% | 99% | 100% |
Fundraising expense ratio Fundraising expense ratio = Fundraising expense / Total expenses | 5% | 5% | 12% | 11% | 3% | 3% |
Other revenue reliance Other revenue reliance = Total other revenue / Total revenue | 2% | 0% | 5% | 10% | 1% | 0% |
| Operating ratios | Sector median | 2024 | 2023 | 2022 | 2021 | 2020 |
Program expense ratio Program expense ratio = Program services / Total expenses | 84% | 79% | 69% | 73% | 74% | 77% |
Spending ratio Spending ratio = Total expenses / Total revenue | 99% | 96% | 124% | 106% | 98% | 100% |
Program output ratio Program output ratio = Program services / Total revenue | 85% | 76% | 86% | 78% | 72% | 77% |
Savings ratio Savings ratio = Surplus (deficit) / Total revenue | 1% | 4% | -24% | -6% | 2% | 0% |
Reserve accumulation rate Reserve accumulation rate = Surplus (deficit) / Net assets | 2% | -276% | 452% | -42% | 8% | -1% |
General and admin ratio General and admin ratio = Management and general expense / Total expenses | 9% | 16% | 19% | 16% | 24% | 20% |
| Investing ratios | Sector median | 2024 | 2023 | 2022 | 2021 | 2020 |
Total asset turnover Total asset turnover = Total expenses / Total assets | 1.38 | 2.16 | 3.33 | 2.36 | 1.86 | 2.20 |
Degree of long-term investment Degree of long-term investment = Total assets / Total current assets | 1.30 | 2.98 | 4.59 | 2.36 | 2.12 | 2.67 |
Current asset turnover Current asset turnover = Total expenses / Total current assets | 2.28 | 6.45 | 15.27 | 5.57 | 3.93 | 5.88 |
| Liquidity ratios | Sector median | 2024 | 2023 | 2022 | 2021 | 2020 |
Current ratio Current ratio = Total current assets / Total current liabilities | 18.20 | 4.24 | 1.79 | 5.23 | 10.10 | 33.21 |
Current liabilities ratio Current liabilities ratio = Total current liabilities / Total current assets | 0.05 | 0.24 | 0.56 | 0.19 | 0.10 | 0.03 |
Liquid reserve level Liquid reserve level = (Total current assets - Total current liabilities) / (Total expenses / 12) | 5.05 | 1.42 | 0.35 | 1.74 | 2.75 | 1.98 |
| Solvency ratios | Sector median | 2024 | 2023 | 2022 | 2021 | 2020 |
Liabilities ratio Liabilities ratio = Total liabilities / Total assets | 7% | 103% | 114% | 67% | 60% | 62% |
Debt ratio Debt ratio = Debt / Total assets | 0% | 95% | 102% | 59% | 55% | 61% |
Reserve coverage ratio Reserve coverage ratio = Net assets / Total expenses | 62% | -2% | -4% | 14% | 22% | 17% |
Financials
| Balance sheet | |||||
| Assets | 2024 | 2023 | 2022 | 2021 | 2020 |
| Cash | $276,100 | $86,201 | $183,950 | $714,454 | $532,470 |
| Receivables, inventories, prepaids | $94,781 | $108,859 | $366,447 | $40,359 | $30,000 |
| Short-term investments | $3,701 | $20,000 | $82,317 | $88,467 | $69,502 |
| Other current assets | $0 | $0 | $0 | $0 | $0 |
| Total current assets | $374,582 | $215,060 | $632,714 | $843,280 | $631,972 |
| Long-term investments | $0 | $0 | $0 | $0 | $0 |
| Fixed assets | $6,124 | $772,112 | $840,598 | $943,186 | $1,053,669 |
| Other long-term assets | $737,390 | $0 | $18,370 | $0 | $0 |
| Total long-term assets | $743,514 | $772,112 | $858,968 | $943,186 | $1,053,669 |
| Total assets | $1,118,096 | $987,172 | $1,491,682 | $1,786,466 | $1,685,641 |
| Liabilities | 2024 | 2023 | 2022 | 2021 | 2020 |
| Payables and accrued expenses | $84,457 | $118,374 | $118,298 | $83,522 | $17,943 |
| Other current liabilities | $3,975 | $1,758 | $2,606 | $0 | $1,084 |
| Total current liabilities | $88,432 | $120,132 | $120,904 | $83,522 | $19,027 |
| Debt | $1,064,312 | $1,008,923 | $878,472 | $985,985 | $1,022,870 |
| Due to (from) affiliates | $0 | $0 | $0 | $0 | $0 |
| Other long-term liabilities | $2,165 | $0 | $0 | $0 | $2,147 |
| Total long-term liabilities | $1,066,477 | $1,008,923 | $878,472 | $985,985 | $1,025,017 |
| Total liabilities | $1,154,909 | $1,129,055 | $999,376 | $1,069,507 | $1,044,044 |
| Net assets | 2024 | 2023 | 2022 | 2021 | 2020 |
| Without donor restrictions | ($568,028) | ($554,389) | $187,976 | $353,219 | $344,377 |
| With donor restrictions | $531,215 | $412,506 | $304,330 | $363,740 | $297,220 |
| Net assets | ($36,813) | ($141,883) | $492,306 | $716,959 | $641,597 |
| Revenues and expenses | |||||
| Revenue | 2024 | 2023 | 2022 | 2021 | 2020 |
| Total contributions | $2,527,286 | $2,513,112 | $2,990,378 | $3,357,707 | $3,697,425 |
| Program service revenue | $0 | $0 | $0 | $0 | $0 |
| Membership dues | $0 | $0 | $0 | $0 | $0 |
| Investment income | $328 | $0 | $5,612 | $11,063 | $3,990 |
| Other revenue | ($8,305) | $130,136 | $323,474 | $6,012 | $11,265 |
| Total other revenue | ($7,977) | $130,136 | $329,086 | $17,075 | $15,255 |
| Total revenue | $2,519,309 | $2,643,248 | $3,319,464 | $3,374,782 | $3,712,680 |
| Expenses | 2024 | 2023 | 2022 | 2021 | 2020 |
| Program services | $1,905,315 | $2,278,477 | $2,577,194 | $2,445,140 | $2,852,635 |
| Management and general | $379,906 | $617,972 | $565,695 | $786,330 | $753,601 |
| Fundraising | $132,355 | $387,547 | $383,106 | $84,876 | $110,038 |
| Total expenses | $2,417,576 | $3,283,996 | $3,525,995 | $3,316,346 | $3,716,274 |
| Change in net assets | 2024 | 2023 | 2022 | 2021 | 2020 |
| Surplus (deficit) | $101,733 | ($640,748) | ($206,531) | $58,436 | ($3,594) |
| Other changes in net assets | $0 | $0 | $0 | $0 | $0 |
| Total change in net assets | $101,733 | ($640,748) | ($206,531) | $58,436 | ($3,594) |
Compensation
| Name | Title | Compensation |
| Devlin Donaldson | Past Pres An | $136,010 |
Compensation data as of: 6/30/2024
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 4/24/2024. To update the information below, please email: [email protected]
History
VisionTrust International (VTI) was founded in 1997 as a Christian child development organization with the goal to work with vulnerable children in extreme poverty situations. But, the roots of VisionTrust are found not internationally, but in the vision of two Christian businessmen.
VisionTrust began with two Colorado Springs businessmen, Jeff Behan and Gary Ganz. These business partners had a desire for their for-profit company, VisionTrust Communications, to measure success not only based on bottom-line performance, but dedicate its resources to a ministry that would change the world and increase the Kingdom of God.
At the same time, Ernie Taylor, a lifelong missionary was looking to start a new organization that would come alongside children at a young age and continue to serve them through high school graduation. In 1997, the three formed VisionTrust International, Inc., developed the mission of the organization, and established its original Board of Directors.