Renewing Love Ministries
- Assets
- $9.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Mount Vernon, OH
- Founding
- 05/2000
- Data as of
- 12/2021
- EIN
- 31-1680138
Organization Overview
Renewing Love Ministries is located in Mount Vernon, OH. The organization was established in 2000. According to its NTEE Classification (X20) the organization is classified as: Christianity, under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Renewing Love Ministries 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 12/2021, Renewing Love Ministries generated $4.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (15.8%) each year. All expenses for the organization totaled $2.5k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (28.7%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
CONDUCTED SEVERAL MULTIPLE-DAY MEETINGS DURING 2021 PROVIDED PASTORAL COUNSELING SERVICES DISTRIBUTED FUNDS TO OTHER 501C3 ORGANIZATIONS WITH SIMILAR PURPOSES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dr Stephen Watson Vice President | 1 | $0 | |
Rev Claude Nicholas President | 10 | $0 | |
Phil Hale Trustee | 1 | $0 | |
Kathy Watson Treasurer | 1 | $0 | |
Janet Nicholas Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,261 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $4,261 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $910 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $1,560 |
| Total expenses | $2,470 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $9,490 |
| Other assets | $0 |
| Total assets | $9,490 |
| Total liabilities | $0 |
| Net assets or fund balances | $9,490 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Pottstown Cluster Of Religious Communities Pottstown, PA | $2,620,724 | $10,453,372 |
Evangelical Lutheran Church In America Bala Cynwyd, PA | $32,181,411 | $7,233,386 |
Lifeline Christian Mission Westerville, OH | $4,011,656 | $8,864,556 |
Independent Baptist Mission For Asians Inc Marietta, OH | $1,955,578 | $8,557,935 |
City Gospel Mission Cincinnati, OH | $28,334,582 | $12,813,405 |
Liberty Ministries Schwenksville, PA | $7,484,398 | $10,564,649 |
Infaith Exton, PA | $8,050,176 | $8,512,203 |
Faith And Liberty Discovery Center Llc Philadelphia, PA | $52,138,123 | $36,453,224 |
G O Ministries Inc Louisville, KY | $3,216,170 | $6,018,777 |
The Lehigh Conference Of Churches Allentown, PA | $5,159,637 | $6,852,485 |
Traditions At Xenia Columbus, OH | $32,383,407 | $4,874,635 |
National Church Residences Columbus, OH | $16,885,667 | $5,504,474 |