ALDERSGATE RENEWAL MINISTRIES INC

EIN: 581322015 501(c)(3)

GOODLETTSVILLE, TN

Total Revenue
$642,441
Total Expenses
$633,710
Total Assets
$962,830
Net Assets
$928,538
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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
1978
Legal Domicile
TN
Principal Officer
MARK BARROW
Phone
6158519192
Tax Period
2024-01-01 to 2024-12-31

ALDERSGATE RENEWAL MINISTRIES INC, founded in 1978, is a small nonprofit that reported $642K in total revenue in fiscal year 2024. Revenue surged 145% from the prior year, signaling strong growth momentum.

Mission

TO EQUIP THE LOCAL CHURCH TO MINISTER TO THE WORLD IN THE POWER OF THE HOLY SPIRIT.

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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 (2024)

Revenue Breakdown

Contributions & Grants $344,209
Program Service Revenue $17,182
Investment Income $257,806
Other Revenue $23,244
TOTAL REVENUE $642,441

Expense Breakdown

Grants Paid $0
Salaries & Benefits $262,452
Fundraising Expenses $0
Program Expenses $349,043
Other Expenses $371,258
TOTAL EXPENSES $633,710

Year-over-Year Comparison

2024 2023 Change
Revenue $642,441 $262,756 +1.4%
Expenses $633,710 $675,639 -0.1%
Net Income $8,731 $-412,883 -1.0%
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

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Governance

Voting Members
19
Independent Members
18
Employees
3
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
6
$0
Total Directors
18
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MARTHA DAIGNEAU SECRETARY N/A
Officer Director
$0 $0 $0
BETHANY DOW BOARD MEMBER N/A
Director
$0 $0 $0
TINA ROACH BOARD MEMBER N/A
Director
$0 $0 $0
TED WOOD BOARD MEMBER N/A
Director
$0 $0 $0
JASON DICKERSON 1ST CHAIRMAN N/A
Officer Director
$0 $0 $0
MARK ATTERHOLT BOARD MEMBER N/A
Director
$0 $0 $0
MARK BARROW CEO N/A
Officer
$0 $0 $0
DEE DEE HARSHBARGER BOARD MEMBER N/A
Director
$0 $0 $0
JEANNE MARTIN CHAIRPERSON N/A
Officer Director
$0 $0 $0
JUDY CUMMINS BOARD MEMBER N/A
Director
$0 $0 $0
MARGIE BURGER BOARD MEMBER N/A
Director
$0 $0 $0
KAREN WRIGHT BOARD MEMBER N/A
Director
$0 $0 $0
GARY MOORE BOARD MEMBER N/A
Director
$0 $0 $0
TOM ALBIN BOARD MEMBER N/A
Director
$0 $0 $0
DOUG JONES TREASURER N/A
Officer Director
$0 $0 $0
JIM BRITT 2ND CHAIRMAN N/A
Officer Director
$0 $0 $0
ELI ZERKLE BOARD MEMBER N/A
Director
$0 $0 $0
BOB STAMPS BOARD MEMBER N/A
Director
$0 $0 $0
ROBERT TUTTLE BOARD MEMBER N/A
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 $642,441 $633,710 $962,830 $8,731
2023 $262,756 $675,639 $1,099,163 $-412,883
2022 $390,252 $578,600 $1,363,097 $-188,348
2021 $480,619 $550,172 $1,532,464 $-69,553
2020 $457,952 $505,245 $1,600,231 $-47,293
2019 $716,286 $654,496 $1,662,552 $61,790
2018 $626,598 $603,538 $1,606,443 $23,060
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