World Renewal Inc (EIN 481013981) - 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

1986

Legal Domicile

Principal Officer

Gary Wright

Phone

3174679899

Tax Period

2023-01-01 to 2023-12-31

World Renewal Inc, founded in 1986, is a community nonprofit that reported $1.4M in total revenue in fiscal year 2023. Revenue decreased 8% compared to the prior year.

Mission

Evangelistic services and foreign missions

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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 (2023)

Revenue Breakdown

Contributions & Grants $1,356,105

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $1,356,105

Expense Breakdown

Grants Paid $0

Salaries & Benefits $366,482

Fundraising Expenses $0

Program Expenses $1,284,622

Other Expenses $1,035,167

TOTAL EXPENSES $1,401,649

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,356,105	$1,468,872	-0.1%
Expenses	$1,401,649	$1,487,580	-0.1%
Net Income	$-45,544	$-18,708	+1.4%

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

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

$75,000

Total Directors

$75,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Gary Wright	President	50.00	Officer Director	$75,000	$0	$75,000
Hubert Nolan	Director	1.00	Director	$0	$0	$0
Tele Moraes	Vice-President	2.00	Officer Director	$0	$0	$0
Gary Steer	Secretary	2.00	Officer Director	$0	$0	$0
Steve Steer	Chairman	2.00	Officer Director	$0	$0	$0
Paul Galbraith	Director	1.00	Director	$0	$0	$0
Wes Davis	Director	1.00	Director	$0	$0	$0
Wayne Phelps	Director	2.00	Director	$0	$0	$0
Dean Cobbs	Treasurer	2.00	Officer Director	$0	$0	$0
Mary Beth Nolan	Director	1.00	Director	$0	$0	$0
Greg Ruble	Director	1.00	Director	$0	$0	$0
Kris Sorensen	Director	1.00	Director	$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	$1,356,105	$1,401,649	$158,041	$-45,544
2022	$1,468,872	$1,487,580	$251,357	$-18,708
2021	$1,349,655	$1,311,085	$161,585	$38,570
2020	$1,162,748	$1,153,406	$154,839	$9,342
2019	$1,171,733	$1,130,741	$131,474	$40,992
2018	$1,157,696	$1,179,592	$80,048	$-21,896

World Renewal Inc