Renewing Life Ministries
- Assets
- $110.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Bealeton, VA
- Founding
- 02/1980
- Data as of
- 06/2022
- EIN
- 54-1017412
Organization Overview
Renewing Life Ministries is located in Bealeton, VA. The organization was established in 1980. 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. Renewing Life 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 06/2022, Renewing Life Ministries generated $1.6k 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 (22.4%) each year. All expenses for the organization totaled $28.7k during the year ending 06/2022. 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
2022
Describe the Organization's Program Activity:
Part 3
PROVIDED TEACHING MATERIALS FOR FAMILY MINISTRY TO HELP MAKE FAMILY BONDS STRONGER.
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Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,200 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $403 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $1,603 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $2,709 |
| Occupancy, rent, utilities, and maintenance | $4,800 |
| Printing, publications, postage, and shipping | $174 |
| Other expenses | $21,011 |
| Total expenses | $28,694 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $110,734 |
| Other assets | $0 |
| Total assets | $110,734 |
| Total liabilities | $1,851 |
| Net assets or fund balances | $108,883 |
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