Byron Center, MI
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)World Renew, founded in 1963, is a mid-sized nonprofit that reported $18.3M in total revenue in fiscal year 2024. Revenue surged 26% from the prior year, signaling strong growth momentum. Expenses of $23.0M exceeded revenue, resulting in a 26% operating deficit.
Compelled by a deep passion for justice and mercy, World Renew joins communities around the world to renew hope, reconcile lives, and restore creation with programs focused on disaster response, community health, economic opportunity, food security, and peace & justice.
World Renew works in community development by training people in agriculture, health, income earnings, justice, education, small business development and leadership skills with over 515,200...
World Renew works in community development by training people in agriculture, health, income earnings, justice, education, small business development and leadership skills with over 515,200 individuals were served.
World Renew provides disaster survivors with volunteer assistance and materials. Within the United States over 1,400 volunteers offered almost 97,000 volunteer hours serving to clear debris, assess...
World Renew provides disaster survivors with volunteer assistance and materials. Within the United States over 1,400 volunteers offered almost 97,000 volunteer hours serving to clear debris, assess needs, repair and build homes. These volunteers repaired or rebuilt over 200 houses damaged by disasters, serving almost 2,400 individuals. Internationally, World Renew assisted 141,200 participants who experienced natural and human-caused disasters with emergency food, water, shelter, economic assistance, and livelihood rehabilitation
World Renew educates constituency and provides opportunities to engage in their mission to end poverty, hunger, and injustice.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $18,275,253 | $14,467,393 | +0.3% |
| Expenses | $23,014,459 | $21,248,556 | +0.1% |
| Net Income | $-4,739,206 | $-6,781,163 | -0.3% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Carol Bremer-Bennett | Executive Director | 50.00 |
Officer
Key Emp
Highest
|
$199,245 | $61,398 | $260,643 |
| Jeffrey Banaszak | Board President | 5.00 |
Officer
Director
|
$0 | $0 | $0 |
| Graham Seel | Board Vice President | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| Kenneth MacBain | Board Treasurer | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| Beverly Abma | Board Secretary | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| Bonny Mulder-Behnia | Pastoral Advisor | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| Charles Udeh | Board Member At Large | 2.00 |
Director
|
$0 | $0 | $0 |
| Donn Hansum | Board Member At Large | 2.00 |
Director
|
$0 | $0 | $0 |
| Kimberly Starkenburg | Board Member At Large | 2.00 |
Director
|
$0 | $0 | $0 |
| Emily Boldenow-Fortna | Board Member At Large | 2.00 |
Director
|
$0 | $0 | $0 |
| Ben VanderWindt | Board Member At Large | 2.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $18,275,253 | $23,014,459 | $29,169,563 | $-4,739,206 |
| 2024 | $14,467,393 | $21,248,556 | $32,691,194 | $-6,781,163 |
| 2023 | $21,598,073 | $20,644,252 | $38,850,869 | $953,821 |
| 2022 | $19,259,033 | $17,628,396 | $34,672,388 | $1,630,637 |
| 2021 | $17,426,489 | $15,947,081 | $34,203,831 | $1,479,408 |
| 2020 | $12,498,891 | $16,162,673 | $32,668,985 | $-3,663,782 |
| 2019 | $16,460,765 | $12,083,461 | $33,857,406 | $4,377,304 |
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