RENEW MOLINE INC (EIN 363669419) - 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

1988

Legal Domicile

Principal Officer

ALEXANDRA ELIAS

Phone

3097629190

Tax Period

2024-01-01 to 2024-12-31

RENEW MOLINE INC, founded in 1988, is a small nonprofit in the Community Improvement sector that reported $386K in total revenue in fiscal year 2024. Revenue fell 26% from the prior year — a significant decline worth monitoring. Expenses of $718K exceeded revenue, resulting in a 86% operating deficit.

Mission

RENEW MOLINE, INC IS DEDICATED TO FACILITATING AND SUPPORTING ECONOMIC DEVELOPMENT IN MOLINE. IT IS COMMITTED TO INCREASING EMPLOYMENT, RETAINING JOBS, ENHANCING THE TAX BASE AND MAKING VISUAL AND AESTHETIC IMPROVEMENTS.

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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 (2024)

Revenue Breakdown

Contributions & Grants $404,946

Program Service Revenue $0

Investment Income $-321,898

Other Revenue $302,874

TOTAL REVENUE $385,922

Expense Breakdown

Grants Paid $0

Salaries & Benefits $372,160

Fundraising Expenses $30,544

Program Expenses $479,536

Other Expenses $345,461

TOTAL EXPENSES $717,621

Year-over-Year Comparison

	2024	2023	Change
Revenue	$385,922	$522,934	-0.3%
Expenses	$717,621	$503,419	+0.4%
Net Income	$-331,699	$19,515	-18.0%

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

N/A

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

$132,242

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
GREG RYCKAERT	DIRECTOR	1.00	Director	$0	$0	$0
JIM NELSON	DIRECTOR	1.00	Director	$0	$0	$0
JEFF DISMER	DIRECTOR	1.00	Director	$0	$0	$0
CRAIG DEVRIEZE	DIRECTOR	1.00	Director	$0	$0	$0
REBECCA SKAFIDAS	DIRECTOR	1.00	Director	$0	$0	$0
PETE HADJIS	DIRECTOR	1.00	Director	$0	$0	$0
NEIL DAHLSTROM	DIRECTOR	1.00	Director	$0	$0	$0
MICHAEL JOHNSON	DIRECTOR	1.00	Director	$0	$0	$0
DR JEREMY THOMAS	DIRECTOR	1.00	Director	$0	$0	$0
HEATHER WAFFLE-TERRANCE	DIRECTOR	1.00	Director	$0	$0	$0
JAMES BAXTER	DIRECTOR	1.00	Director	$0	$0	$0
RAYNE A KRAMBEER	DIRECTOR	1.00	Director	$0	$0	$0
KRISTIN CRAWFORD	DIRECTOR	1.00	Director	$0	$0	$0
KIRBY VYNCKE-HUGHES	DIRECTOR	1.00	Director	$0	$0	$0
KRISTI MINDRUP	DIRECTOR	1.00	Director	$0	$0	$0
CHAD ERVIN	DIRECTOR	1.00	Director	$0	$0	$0
KELLY YOUNG	DIRECTOR	1.00	Director	$0	$0	$0
BRIAN ATKINS	DIRECTOR	1.00	Director	$0	$0	$0
JUSTIN NICHOLS	DIRECTOR	1.00	Director	$0	$0	$0
MAYOR SANGEETHA RAYAPATI	OFFICER	1.00	Officer	$0	$0	$0
JASON FARK	OFFICER	1.00	Officer	$0	$0	$0
GREG DERRICK	BOARD CHAIR	1.00	Officer	$0	$0	$0
CARRIE O'NEILL	OFFICER	1.00	Officer	$0	$0	$0
MIKE ELLIS	OFFICER	1.00	Officer	$0	$0	$0
RICK GOSNEY	TREASURER	1.00	Officer	$0	$0	$0
ADAM JUDD	OFFICER	1.00	Officer	$0	$0	$0
JEFF NELSON	OFFICER	1.00	Officer	$0	$0	$0
JAMES ZMUDA	ASSISTANT SECRETARY	1.00	Officer	$0	$0	$0
ALEXANDRA ELIAS	EXECUTIVE DIRECTOR	40.00	Officer	$122,147	$10,095	$132,242
GREG THEIS	OFFICER	1.00	Officer	$0	$0	$0
KRISTIN BERRY	SECRETARY	1.00	Officer	$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	$385,922	$717,621	$1,389,722	$-331,699
2023	$522,934	$503,419	$1,761,826	$19,515
2022	$1,085,277	$418,484	$1,743,097	$666,793
2021	$315,027	$327,814	$998,992	$-12,787
2020	$421,757	$367,566	$1,029,505	$54,191
2019	$346,436	$272,486	$1,027,409	$73,950
2018	$294,445	$255,992	$885,961	$38,453

RENEW MOLINE INC