RE-LAUNCH MINISTRIES INC HASTINGS

EIN: 474757733 501(c)(3) Religion

ANDERSON, SC

Total Revenue
$254,890
Total Expenses
$247,361
Total Assets
$119,878
Net Assets
$119,878
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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
2015
Legal Domicile
SC
Principal Officer
JOHN HASTINGS
Phone
4707740231
Tax Period
2023-01-01 to 2023-12-31

RE-LAUNCH MINISTRIES INC HASTINGS, founded in 2015, is a small nonprofit in the Religion sector that reported $255K in total revenue in fiscal year 2023. Revenue surged 30% from the prior year, signaling strong growth momentum.

Mission

TO SUPPORT AND ENCOURAGE LEADERS IN THE CHURCH AND COMMUNITIES WITH THE GOSPEL OF JESUS CHRIST.

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $252,993
Program Service Revenue $0
Investment Income $3
Other Revenue $1,894
TOTAL REVENUE $254,890

Expense Breakdown

Grants Paid $80,628
Salaries & Benefits $120,000
Fundraising Expenses $6,357
Program Expenses $215,767
Other Expenses $46,733
TOTAL EXPENSES $247,361

Year-over-Year Comparison

2023 2022 Change
Revenue $254,890 $195,766 +0.3%
Expenses $247,361 $197,174 +0.3%
Net Income $7,529 $-1,408 -6.3%
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

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Governance

Voting Members
5
Independent Members
5
Employees
1
Volunteers
50

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
5
$120,000
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JOHN HASTINGS PRESIDENT 40.00
Officer
$94,700 $25,300 $120,000
RODNEY BROWN DIRECTOR N/A
Officer
$0 $0 $0
REBECCA L HASTINGS DIRECTOR N/A
Officer
$0 $0 $0
JOHN TOWNLEY JOHNSON DIRECTOR N/A
Officer
$0 $0 $0
DAVE POPE SECRETARY N/A
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 No data No data No data No data
2023 $254,890 $247,361 $119,878 $7,529
2021 $214,394 $177,753 $113,751 $36,641
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