RENEWED MINISTRIES INC

EIN: 862896323 501(c)(3) Religion

PONCHATOULA, LA

Total Revenue
$430,936
Total Expenses
$470,486
Total Assets
$3,639
Net Assets
$1,060
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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
2021
Legal Domicile
LA
Principal Officer
JUSTIN KELLEY
Phone
9856873262
Tax Period
2023-01-01 to 2023-12-31

RENEWED MINISTRIES INC, founded in 2021, is a small nonprofit in the Religion sector that reported $431K in total revenue in fiscal year 2023. Revenue surged 51% from the prior year, signaling strong growth momentum.

Mission

SHARING THE LOVE OF CHRIST BY PROVIDING WATER, SHLETER AND RESOURCES FOR PEOPLE AND CHILDREN WITH THE GREATEST NEED BOTH LOCALLY AND AFAR.

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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 $112,256
Program Service Revenue $318,680
Investment Income $0
Other Revenue $0
TOTAL REVENUE $430,936

Expense Breakdown

Grants Paid $0
Salaries & Benefits $54,748
Fundraising Expenses $0
Program Expenses $470,486
Other Expenses $415,738
TOTAL EXPENSES $470,486

Year-over-Year Comparison

2023 2022 Change
Revenue $430,936 $284,731 +0.5%
Expenses $470,486 $291,704 +0.6%
Net Income $-39,550 $-6,973 +4.7%
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
1
Independent Members
N/A
Employees
N/A
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
0
$0
Total Directors
1
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
justinrenewedministriesinfo Executive Dir. 0.00
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 $430,936 $470,486 $3,639 $-39,550
2022 $284,731 $291,704 $2,647 $-6,973
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