KOINONIA HOUSE INC (EIN 237292636) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1973

Legal Domicile

Phone

2087736310

Tax Period

2023-01-01 to 2023-12-31

KOINONIA HOUSE INC, founded in 1973, is a community nonprofit in the Religion sector that reported $2.7M in total revenue in fiscal year 2023. Expenses of $2.4M left a modest 9% surplus.

Mission

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

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $1,236,428

Program Service Revenue $385,583

Investment Income $2,318

Other Revenue $1,038,116

TOTAL REVENUE $2,662,445

Expense Breakdown

Grants Paid $82,030

Salaries & Benefits $997,490

Fundraising Expenses $0

Program Expenses $2,036,932

Other Expenses $1,341,333

TOTAL EXPENSES $2,420,853

Year-over-Year Comparison

	2023	2022	Change
Revenue	$2,662,445	$2,655,570	+0.0%
Expenses	$2,420,853	$2,458,755	0.0%
Net Income	$241,592	$196,815	+0.2%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$153,006

Total Directors

$153,006

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
RONALD E MATSEN	President & CEO	40.00	Officer Director	$76,360	$25,000	$101,360
DAVE HANSON	OPERATIONS MGR	40.00	Officer Director	$51,646	$0	$51,646
DUANE MATSEN	Director	20.00	Director	$0	$0	$0
CHRISTOPHER S CORLETT	Director	20.00	Director	$0	$0	$0
MURRAY G BELL	Secretary/Treas	20.00	Officer Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	No data	No data	No data	No data
2023	$2,662,445	$2,420,853	$3,608,434	$241,592
2022	$2,655,570	$2,458,755	$2,969,071	$196,815
2021	$2,001,354	$1,012,583	$2,835,834	$988,771
2020	$1,211,536	$876,526	$2,028,286	$335,010
2019	$845,980	$909,910	$1,572,489	$-63,930
2018	$1,132,613	$997,665	$1,624,617	$134,948

KOINONIA HOUSE INC