Visionsynergy EIN 20-0351801 Form 990 (PDF) Claim this org

Visionsynergy FY2020 filing

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Develops and coaches networks to advance the Gospel among unreached people globally. For fiscal year 2020 it reported $996K in revenue, $1.2M in expenses, and $643K in net assets.Pt I

Type
Public charity (501(c)(3)) · International
Location
Seattle, WA
Website
visionsynergy.net
Filings
5 on file (2020–2020)
Revenue
$996KFY2020
Expenses
$1.2M
Net assets
$643K
People
9
Filings
5
Updates
0
More identity details & actions ⌄
EIN  20-0351801 Public charity (501(c)(3)) Seattle, WA
Form 990 (PDF)
You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2025) →
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Figures match the IRS filing checked 9/14/26 · see original: IRS
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Size
$1–10M
What they do
Develops and coaches networks to advance the Gospel among unreached people globally.
Leadership
Lucas King · Doo · $110K
Money in and out
$996K revenue, $1.2M expenses
Bottom line
75% program efficiency
Where the money goes · FY2020
Total revenue
$996K
Pt VIII · Ln 12
Total expenses
$1.2M
Pt IX · Ln 25
Net assets
$643K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$172K
Where spending went · Part IX cols B–D
Program services $0.75 Management & general $0.16 Fundraising $0.09
Program efficiency
75%
of spending reaches programs
Operating runway
6.7mo
months of highly liquid reserves at operating expense rate
Surplus margin
-17%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2020 · Form 990
Revenue
$996K
FY2020
Expenses
$1.2M
FY2020
Total assets
$650K
FY2020
Total liabilities
$7K
FY2020
Total revenue
$996K
Pt VIII · Ln 12
Total expenses
$1.2M
Pt IX · Ln 25
Net assets
$643K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$172K
Total assetsPt X · Ln 16$650K
Program-expense ratioPt IX · col B75%
Voting members of governing bodyPt I · Ln 37
Independent voting membersPt I · Ln 46

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CVisionsynergy
EINHdr · item D20-0351801
Principal addressHdr · item CSeattle, WA
WebsiteHdr · item Jvisionsynergy.net
Year of formationHdr · item Lpending
State of legal domicileHdr · item MWA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFInternational (Q30)
Ruling yearIRS BMFMay 2004

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a7
Independent voting membersPt VI · Ln 1b6
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2Yes

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
$110,199Pt VII · Sec A
$107,100Pt VII · Sec A
SR Stategy Adv
$18,000Pt VII · Sec A
$0Pt VII · Sec A
Sec/Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Karin Butler Primuth’s $126K as CEO is at the 44th percentile of top reported officer pay among 1169 $1–10M international nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2020
Karin Butler Primuth$126,250$131,501
Karin Butler Primuth$124,056$131,501
Lucas King$110,199
David Hackett$107,416
Krin Butler Primuth$107,100
David Thoresen$79,869
David Thoresen$63,139$46,346
Phillip Butler$18,000

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Mission & Programs · Part III

Where the work happens

3 program services account for $881K of program spending, described in the organization's own filed words · FY2020.
01

Developing Networks

The core work of visionSynergy involves coaching and consulting with Christian network leaders to help them form and operate strategic mission networks that can facilitate large-scale collaboration and make significant impacts in their ministry fields.

$668Kprogram expense
02

Equipping Network Leaders

visionSynergy also provides training experiences and facilitates connections among the global community of mission network leaders. In 2020, visionSynergy hosted a six-month series of online Synergy Summits, providing training, connections, and specially-curated resources for over 380 leaders from 69 countries representing 149 networks.

$136Kprogram expense
03

Advocating for Collaboration

visionSynergy advocates for increased collaboration in the Christian mission movement through publications and speaking engagements that inform and inspire. In 2020, visionSynergy staff and associates presented video keynotes for virtual conferences in China and the U.S., translated its partnership handbook into four South Asian…

$78Kprogram expense

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Statement of Revenue

Part VIII
Contributions & grants$994K · 100%
Program service revenue$5K · 1%
Contributions & grants100%$994K
Program service revenue1%$5K
Investment income$1K
— government grantsLn 1e$166K
Total revenueLn 12$996K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.75 Management & general $0.16 Fundraising $0.09
Program services75%$881K
Management & general16%$185K
Fundraising9%$101K
Total functional expensesLn 25$1.2M

Balance Sheet

Part X · end of year
CashLn 1$650K
Total assetsLn 16$650K
Total liabilitiesLn 26$7K
Total net assetsLn 32$643K
Months of cash on handcomputed6.7

Financial Metrics

Form 990 · FY2020 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $650K · Operating expenses/yr $1.2M
6.7 months
Where the money goes
Program services
Program services $881K · Total expenses $1.2M
75%
Management & General
Management & general $185K · Total expenses $1.2M
16%
Fundraising
Fundraising $101K · Total expenses $1.2M
9%
Cost to raise $1
Fundraising expense $101K · Solicited contributions $828K
$0.12 to raise $1
Where the money comes from
Contribution dependence
Contributions & grants $994K · Total revenue $996K
100%
Government reliance
Government grants $166K · Total revenue $996K
17%
Earned-income share
Program service revenue $5K · Total revenue $996K
0.5%
Investment reliance
Investment income $1K · Total revenue $996K
+0.1%
Program self-sufficiency
Program service revenue $5K · Total expenses $1.2M
0.5%
Growth & trend
Revenue growth (YoY)
This year $996K · Prior year —
No prior year on file
Net-asset trend (YoY)
End of year $643K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $996K · Expenses $1.2M
-17%
Liabilities-to-Assets
Total liabilities — · Total assets $650K
Net-asset ratio
Net assets $643K · Total assets $650K
99%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $650K
0%
People & payroll
Highest Reported Total Compensation
Individual Lucas King · Reported title DOO · Highest reported compensation $110K · Total expenses $1.2M
9%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $794K · Total expenses $1.2M
68%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 75%
Overhead ratio 16%
Fundraising cost ratio 10%
Investment management fee ratio 0%
Legal fee ratio 0%
Accounting fee ratio 1%
Fundraising fee ratio 0%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record
Grants received · FY2025
Total grants receivedfrom 1 funder$5K

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$1.7M revenue · ⤓ 990 PDF
FY2024$1.5M revenue · ⤓ 990 PDF
FY2023$1.9M revenue · ⤓ 990 PDF
FY2022$880K revenue · ⤓ 990 PDF
FY2021not on file
FY2020$996K revenue · viewing · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2020IRS
Classification, formation year, addressIRS Business Master File
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