Renewed Life Ministries Outreach Inc (EIN 621668374) - 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

2002

Legal Domicile

Phone

6156132995

Tax Period

2024-01-01 to 2024-12-31

Renewed Life Ministries Outreach Inc, founded in 2002, is a small nonprofit in the Religion sector that reported $373K in total revenue in fiscal year 2024. Revenue surged 28% from the prior year, signaling strong growth momentum. The organization ran a surplus of $61K, a strong 16% operating margin.

Mission

To help men who are struggling with life issues become set free from their past, live well in their present, and have hope for the future through a one-year residential discipleship training center.

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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 $324,106

Program Service Revenue $46,803

Investment Income $1,705

Other Revenue $0

TOTAL REVENUE $372,614

Expense Breakdown

Grants Paid $0

Salaries & Benefits $214,857

Fundraising Expenses $82,324

Program Expenses $144,244

Other Expenses $97,013

TOTAL EXPENSES $311,870

Year-over-Year Comparison

	2024	2023	Change
Revenue	$372,614	$291,987	+0.3%
Expenses	$311,870	$304,417	+0.0%
Net Income	$60,744	$-12,430	-5.9%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Eric Dill	President	1.00	Director	$0	$0	$0
Rhonda Rush	Fund Raiser Coordinator	1.00	Director	$0	$0	$0
Jason Scales	Vice President	1.00	Director	$0	$0	$0
Caren Evans	Secretary	1.00	Director	$0	$0	$0
Jolie Shipley	Director of Donor Development	1.00	Director	$0	$0	$0
Scott Jackson	Fundraising	1.00	Director	$0	$0	$0
Phillip McMurphy	Fundraising	0.00	Director	$0	$0	$0
Tim Anderson	Executive Director	40.00	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	$372,614	$311,870	$354,320	$60,744
2023	$199,905	$319,617	$276,658	$-119,712
2022	$291,987	$304,417	$400,365	$-12,430
2020	$230,090	$189,738	$261,244	$40,352
2019	$181,136	$188,220	$220,897	$-7,084
2018	$192,660	$196,483	$227,771	$-3,823

Renewed Life Ministries Outreach Inc