Evangelistic Association Of New England
- Assets
- $6.7m
- Revenue
- $501.5k
- Investments
- $0.0
- Employees
- 13
- Location
- Stratham, NH
- Founding
- 09/1932
- Data as of
- 06/2021
- EIN
- 04-2121335
Organization Overview
Evangelistic Association Of New England, operating under the name Vision New England, is located in Stratham, NH. The organization was established in 1932. According to its NTEE Classification (X21) the organization is classified as: Protestant, under the broad grouping of Religion-Related and related organizations. As of 06/2021, Vision New England employed 13 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Vision New England is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2021, Vision New England generated $501.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (8.7%) each year. All expenses for the organization totaled $515.7k during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (8.9%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
UNITE, EQUIP AND ENCOURAGE THE BODY OF CHRIST IN ORDER TO STRENGTHEN LOCAL CHURCHES AND ADVANCE THE KINGDOM OF GOD IN NEW ENGLAND.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MINISTRY PARTNERS ARE KEY MINISTRIES OR INDIVIDUALS WHO FURTHER EANE'S STRATEGIC DIRECTION OF CONNECTING LOCAL CHURCHES AND CHURCH LEADERS IN NEW ENGLAND FOR DISCIPLE-MAKING AND EVANGELISM IN 21ST CENTURY.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Charles Galda President | OfficerTrustee | 40 | $87,650 |
Bruce Boria Director | Trustee | 2 | $0 |
Leroy Bailey Director | Trustee | 2 | $0 |
Larry Ward Chairman | Trustee | 2 | $0 |
Brian Darosa Vice Treasurer | Trustee | 2 | $0 |
David Payne Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $497,967 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $497,967 |
| Total Program Service Revenue | $1,193 |
| Investment income | $2,314 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $501,474 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $203,983 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $16,178 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,484 |
| Fees for services: Accounting | $7,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $5,440 |
| Advertising and promotion | $15,224 |
| Office expenses | $1,626 |
| Information technology | $12,440 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $3,062 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $6,454 |
| All other expenses | $25,776 |
| Total functional expenses | $515,726 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $623,278 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $2,574 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $6,064,820 |
| Total assets | $6,690,672 |
| Accounts payable and accrued expenses | $12,469 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $12,469 |
| Net assets without donor restrictions | $461,438 |
| Net assets with donor restrictions | $6,216,765 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $6,690,672 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Evangelistic Association Of New England has recieved totaling $21,250.
| Awarding Organization | Amount |
|---|---|
Schwab Charitable Fund San Francisco, CA PURPOSE: RELIGION RELATED | $21,250 |
Endowment Analysis
| Beg. Balance | $4,753,728 |
| Earnings | $1,311,092 |
| Ending Balance | $6,064,820 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Calvin Coolidge Presidential Foundation Inc Plymouth, VT | $33,582,389 | $4,835,507 |
Wollaston Lutheran Church Apartments Inc Quincy, MA | $16,446,016 | $3,151,671 |
Straight Ahead Ministries Inc Worcester, MA | $3,731,780 | $2,558,274 |
Camp Spofford Of The Evangelical Free Church Of America Spofford, NH | $5,897,116 | $2,036,666 |
Missionary Assembly Of God Of Marlborough Inc Marlborough, MA | $555,964 | $1,247,447 |
New Life Baptist Church Woburn, MA | $2,327,994 | $1,279,978 |
The Root Cellar Portland, ME | $1,864,201 | $986,430 |
Bma Tenpoint Inc Boston, MA | $675,714 | $1,083,947 |
Revival Presbyterian Church Of Cape Cod Hyannis, MA | $2,945,557 | $1,195,026 |
Lighthouse Radio Network Inc Bangor, ME | $1,133,060 | $551,090 |
Restoration Worship Center-Centro De Restauracion Y Adoracion Springfield, MA | $3,558,449 | $1,038,557 |
John Eliot Corporation Roxbury, MA | $4,854,545 | $1,514,514 |