Renovatus
- Assets
- $135.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 3
- Location
- Jefferson City, TN
- Founding
- 06/2013
- Data as of
- 12/2023
- EIN
- 45-4242163
Organization Overview
Renovatus is located in Jefferson City, TN. The organization was established in 2013. According to its NTEE Classification (L40) the organization is classified as: Temporary Housing, under the broad grouping of Housing & Shelter and related organizations. As of 12/2023, Renovatus employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Renovatus 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, Renovatus generated $156.5k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 5.0% each year. All expenses for the organization totaled $153.7k during the year ending 12/2023. While expenses have increased by 6.8% per year over the past 5 years. They've been increasing with an increasing level of total revenue. 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
2023
Describe the Organization's Program Activity:
Part 3
SAFE HOUSING, RECOVERY PROCESS AND LIFE/JOB SKILLS: SAFE TRANSITIONAL DRUG-FREE HOUSING. RESIDENTS LIVE ON THE FARM AND TRANSITION FROM HEAVILY SUPERVISED TO MONITORED HOUSING. FAITH-BASED, SUSTAINABLE LONG-TERM ADDICTION RECOVERY - THROUGH DAILY CONSELING, COMMUNITY PARTNERS AND LEADERSHIP OPPORTUNITIES. LIFE RECOVERY STEPS INCLUDING, LEARNING JOB SKILLS, OBTAINING EMPLOYMENT, TRANSPORTATION, BUDGETING AND POST-PROGRAM HOUSING. WEEKLY LIFE SKILLS TRAINING CLASSES AND JOB SKILLS THROUGH ON-SITE FARM AND MARKET.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jeffery Higgs Executive Di | 40 | $59,500 | |
Jason Good President | 1 | $0 | |
Erin Farris Director | 1 | $0 | |
Britt Farrar Director | 1 | $0 | |
Sarah Higgs Secretary | 1 | $0 | |
Bill Nolan Treasurer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $145,069 |
| Total Program Service Revenue | $4,499 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $156,531 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $68,447 |
| Professional fees and other payments to independent contractors | $7,702 |
| Occupancy, rent, utilities, and maintenance | $4,688 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $72,902 |
| Total expenses | $153,739 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $62,237 |
| Other assets | $0 |
| Total assets | $135,924 |
| Total liabilities | $1,961 |
| Net assets or fund balances | $133,963 |