Advancing Renewal Ministries Incorporated
- Assets
- $9.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Charlotte, NC
- Founding
- 05/1984
- Data as of
- 12/2021
- EIN
- 43-1308351
Organization Overview
Advancing Renewal Ministries Incorporated is located in Charlotte, NC. The organization was established in 1984. According to its NTEE Classification (X21) the organization is classified as: Protestant, 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. Advancing Renewal Ministries Incorporated 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, Advancing Renewal Ministries Incorporated generated $66.9k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.1%) each year. All expenses for the organization totaled $65.6k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (1.1%) 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
TO SUPPORT EVANGELISTS AND MISSIONARIES WORLD-WIDE AND TO PROVIDE BIBLES AND OTHER LITERATURE TO CHRISTIANS EVERYWHERE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Nancy Vincent President & CEO | 40 | $45,216 | |
Rev Rollo Leimer Director | 0 | $0 | |
Sue Blake Treasurer | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $66,885 |
| 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 | $66,885 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $51,826 |
| Professional fees and other payments to independent contractors | $3,599 |
| Occupancy, rent, utilities, and maintenance | $7,700 |
| Printing, publications, postage, and shipping | $1,032 |
| Other expenses | $1,427 |
| Total expenses | $65,584 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $9,922 |
| Other assets | $0 |
| Total assets | $9,922 |
| Total liabilities | $0 |
| Net assets or fund balances | $9,922 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Advancing Renewal Ministries Incorporated has recieved totaling $29,900.
| Awarding Organization | Amount |
|---|---|
Margaret Irene Taylor Nelson Family Foundation Inc Dallas, TX PURPOSE: GENERAL OPERATING | $29,900 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Timothy Initiative Inc Raleigh, NC | $25,869,697 | $20,418,173 |
City Of Refuge Inc Atlanta, GA | $18,578,795 | $9,135,404 |
Living On The Edge With Chip Ingram Duluth, GA | $7,733,886 | $10,860,458 |
Teen Challenge Job Training Inc Columbus, GA | $2,036,662 | $7,928,506 |
Mercy Multiplied America Inc Nashville, TN | $15,008,837 | $12,307,052 |
Outreach Foundation Of The Presbyterian Church Inc Franklin, TN | $10,682,704 | $9,066,746 |
Christian Relief Services - 21st Century Campaign Inc Alexandria, VA | $158,124,944 | $23,648,742 |
Epworth By The Sea Inc St Simons Island, GA | $22,098,975 | $11,861,370 |
Equip Leadership Inc Duluth, GA | $5,673,774 | $7,651,794 |
Score International Inc Chattanooga, TN | $7,470,885 | $5,241,961 |
Missionary Athletes International Charlotte, NC | $3,307,948 | $5,472,845 |
Persecution Project Foundation Culpeper, VA | $1,374,670 | $4,791,069 |