Renovatus
- Assets
- $172.1k
- Revenue
- $203.6k
- Investments
- $0.0
- Employees
- 3
- Location
- Jefferson City, TN
- Founding
- 06/2013
- Data as of
- 12/2021
- 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 12/2021, 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 12/2021, Renovatus generated $203.6k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 24.9% each year . All expenses for the organization totaled $135.7k during the year ending 12/2021. While expenses have increased by 19.6% 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
ADDICTION RECOVERY PROGRAM & RESIDENCY
Describe the Organization's Program Activity:
Part 3 - Line 4a
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 |
|---|---|---|---|
Dale Allen Treasurer | Officer | $0 | |
Jason Good President | Officer | $0 | |
Rebecca Lee Secretary | Officer | $0 | |
Kevin Cline Director | Trustee | $0 | |
Tim Coley Director | Trustee | $0 | |
Erin Farris Director | Trustee | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $22,584 |
| All other contributions, gifts, grants, and similar amounts not included above | $155,248 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $177,832 |
| Total Program Service Revenue | $22,805 |
| Investment income | $549 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $2,463 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $203,649 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $81,080 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $6,283 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,283 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $2,875 |
| Advertising and promotion | $709 |
| Office expenses | $2,283 |
| Information technology | $968 |
| Royalties | $0 |
| Occupancy | $6,648 |
| Travel | $1,581 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,595 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $5,926 |
| Insurance | $3,088 |
| All other expenses | $1,460 |
| Total functional expenses | $135,738 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $133,434 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $38,681 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $172,115 |
| Accounts payable and accrued expenses | $2,435 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $2,435 |
| Net assets without donor restrictions | $169,680 |
| Net assets with donor restrictions | $0 |
| 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 | $172,115 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Renovatus has recieved totaling $47,300.
| Awarding Organization | Amount |
|---|---|
National Christian Charitable Foundation Inc Alpharetta, GA PURPOSE: GROWTH | $35,300 |
East Tennessee Foundation Knoxville, TN PURPOSE: GEN/OPER SUPPORT | $12,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Georgia Southern University Housing Foundation Inc Statesboro, GA | $249,175,255 | $10,373,698 |
Appalachian Student Housing Corporation Boone, NC | $99,024,525 | $6,456,684 |
Bloom Our Youth Inc Fayetteville, GA | $3,984,539 | $4,314,160 |
Serenity Pointe Inc Dunlap, TN | $2,490,170 | $4,102,577 |
Greenpointe Regional Housing Inc Dunn, NC | $10,308,542 | $2,284,690 |
Open Table Of Nashville Inc Nashville, TN | $444,222 | $1,157,501 |
Rainbow Village Inc Duluth, GA | $9,090,525 | $2,152,472 |
Sheffield Place Kansas City, MO | $4,172,612 | $2,183,282 |
Covenant Recovery Inc Pine Bluff, AR | $956,380 | $1,711,087 |
Veterans Life Center Raleigh, NC | $1,727,706 | $1,329,274 |
The Wellhouse Odenville, AL | $7,523,032 | $3,587,896 |
True Purpose Ministries Maryville, TN | $2,038,433 | $1,219,633 |