Koinonia House
Legal name: Koinonia House Inc
Nonprofit profile at a glance
- EIN
- 237292636
- IRS 990 coverage
- 2012–2024
- Official website data refreshed
- Sep 2026
- Forms available
- Form 990 2024
- Location
- Cocoa, FL, United States
- Phone
- 1-800-546-8731
- Rating
- 82
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Christianity
- Affiliation
- Christianity
Reported finances
- Revenue
- $2,265,759
- Expenses
- $1,923,759
- Assets
- $3,729,694
- Liabilities
- $361,175
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
4 people listed
Executive titles in this filing
- RONALD E MATSEN (President & CEO)
Highest reported compensation
- RONALD E MATSEN (President & CEO): $100,846 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Create, developing, and distributing materials to stimulate, encourage, and facilitate serious study of the Bible as the inerrant Word of God. We are enhancing the opportunity to support God’s work through Koinonia House. Our reality with money is that every person is a manager of God’s resources and every manager has the responsibility to determine the giving impact of their possessions on the advancement of the Kingdom of God into the next generation. Our goal is to give clear and simple ways to accomplish giving to Koinonia House in a no-pressure approach. We believe K-house supporters will give with the heart of the Israelites leaders in 1 Chronicles 29:9 as they funded the work of God with King David. > Then the people rejoiced, for they had offered willingly, because with a loyal heart they had offered willingly to the Lord;.
What it reported doing in 2024
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 34,806 active memebers, 1,901 total members enrolled of which 3,223 have earned their bronze medallions, 174 have earned their silver medallions and 47 have earned their gold medallions.
Operating model
- Revenue model
- Donor-supported. 100% of the money available for current operations came from contributions and gifts.
- Distribution model
- Direct operator. The filing allocates 92% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Program spending has declined or grown slowly and revenue has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 85
- Transparency & Controls: 86
- Accountability: 90
- Sustainability: 64
- Growth: 20
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 87.5%; rating input score 88
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 91.7%; rating input score 92; 7th percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 6 of 8 controls in place; rating input score 75
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 15.1%; rating input score 71; 71st percentile among comparable filings
- Total-asset coverage ratio: 1.94; rating input score 61; 61st percentile among comparable filings
- Liabilities to assets ratio: 0.1; rating input score 59; 59th percentile among comparable filings
- Officer compensation ratio: 5.2%; rating input score 52; 52nd percentile among comparable filings
Growth
- Program expense growth: -4.9% per year; rating input score 0; 5th percentile among comparable filings
- Revenue growth: -2.1% per year; rating input score 0; 6th percentile among comparable filings
- Asset growth: 7.6% per year; rating input score 100; 48th percentile among comparable filings
Details
- What they do: 1 operating location identified
- Where the money goes: 100% of revenue deployed · 87.5% of spending went to programs
- Governance: 4 of 4 board members independent · 6 of 8 filing controls reported
- Programs: 4 filed program accomplishments · $1.7M in reported program spending
- Leadership: top reported pay $101K · 4 people listed
- Consistency: 28 of 28 current checks pass
- Schedules: 4 filed schedules · includes major donors
- Filing history: 12 filing years from 2012 to 2024
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- Review — Accountability: Governance controls: Independent financial-statement audit not reported.
- Review — Sustainability: Officer compensation ratio scored 52/100.
- Review — Sustainability: Liabilities to assets ratio scored 59/100.