Renewanation
- Assets
- $6.1m
- Revenue
- $4.8m
- Investments
- $0.0
- Employees
- 41
- Location
- Roanoke, VA
- Founding
- 05/2009
- Data as of
- 12/2023
- EIN
- 26-3901081
Organization Overview
Renewanation is located in Roanoke, VA. The organization was established in 2009. According to its NTEE Classification (B90) the organization is classified as: Educational Services, under the broad grouping of Education and related organizations. As of 12/2023, Renewanation employed 41 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Renewanation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Renewanation generated $4.8m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 9.8% each year. All expenses for the organization totaled $4.4m during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Renewanation has awarded 267 individual grants totaling $9,712,957. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO INSPIRE AND EQUIP THE FAMILY, CHURCH AND SCHOOL TO GIVE CHILDREN A BIBLICAL WORLDVIEW.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CHRISTIAN WORLDVIEW EDUCATION: CHALLENGING STATUS QUO THINKING IN CULTURE THROUGH PROMOTING, SUPPORTING AND EXPANDING BIBLICAL WORLDVIEW TO INDIVIDUALS, FAMILIES, CHURCHES, SCHOOLS, THE BUSINESS COMMUNITY, HIGHER EDUCATION, AND GOVERNMENT. THE PROGRAM IS ACCOMPLISHED THROUGH RESEARCH, STRATEGIC PLANNING, PUBLIC AND PRIVATE SPEAKING ENGAGEMENTS, AND DIGITAL, PRINT, AND WEB COMMUNICATION. THIS IS A DAILY ENGAGEMENT OF THE ORGANIZATION AND ITS EMPLOYEES, TOUCHING THOUSANDS OF LIVES.
STUDENT SCHOLARSHIPS: DIRECT OR INDIRECT SUPPORT OF STUDENTS BY WAY OF GRANTS, COACHING, SPECIAL RESOURCES AND/OR PROMOTION.
SCHOOL SPONSORSHIPS: DIRECT OR INDIRECT SUPPORT OF CHRISTIAN SCHOOLS BY WAY OF GRANTS, COACHING, RESOURCES, STRATEGIC PLANNING, AND PROFESSIONAL CONSULTATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jeffery Keaton Chairman, CEO & President | OfficerTrustee | 40 | $126,294 |
Ronald Gordon Evp/coo | Officer | 40 | $117,042 |
Larry Daugherty Secretary | OfficerTrustee | 0 | $0 |
Nina Gillespie Board Member | OfficerTrustee | 0 | $0 |
Bruce Smith Board Member | Trustee | 0 | $0 |
Greg King Board Member | Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $3,892,813 |
| Noncash contributions included in lines 1a–1f | $242,451 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,892,813 |
| Total Program Service Revenue | $690,328 |
| Investment income | $14,121 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $16,384 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,790,792 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,845,764 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $343,882 |
| Compensation of current officers, directors, key employees. | $131,104 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $989,275 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $138,431 |
| Payroll taxes | $97,198 |
| Fees for services: Management | $31,225 |
| Fees for services: Legal | $40 |
| Fees for services: Accounting | $27,194 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $792 |
| Fees for services: Other | $127,270 |
| Advertising and promotion | $84,350 |
| Office expenses | $0 |
| Information technology | $46,529 |
| Royalties | $22,207 |
| Occupancy | $18,333 |
| Travel | $127,277 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $24,043 |
| Interest | $3,838 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $128,984 |
| Insurance | $30,553 |
| All other expenses | $319,809 |
| Total functional expenses | $4,406,994 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,180,464 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $130,271 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $44,125 |
| Net Land, buildings, and equipment | $2,605,932 |
| Investments—publicly traded securities | $102,697 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $2,444 |
| Other assets | $0 |
| Total assets | $6,065,933 |
| Accounts payable and accrued expenses | $42,740 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $126,092 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $168,832 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $5,897,101 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $6,065,933 |
Grants Awarded
Over the last fiscal year, Renewanation has awarded $1,860,082 in support to 46 organizations.
| Grant Recipient | Amount |
|---|---|
BLUE RIDGE CHRISIAN SCHOOL PURPOSE: SCHOLARSHIP | $77,970 |
CAPE CHARLES CHRISTIAN SCHOOL PURPOSE: SCHOLARSHIP | $49,564 |
COMMUNITY CHRISTIAN ACADEMY PURPOSE: SCHOLARSHIP | $102,612 |
FAIRFAX BAPTIST TEMPLE ACADEMY PURPOSE: SCHOLARSHIP | $45,136 |
COVENANT SCHOOL PURPOSE: SCHOLARSHIP | $249,596 |
GRACE CHRISTIAN ACADEMY - FALLS CHURCH PURPOSE: SCHOLARSHIP | $23,798 |