Presbyterian & Reformed Renewal Ministries International
- Assets
- $4.1m
- Revenue
- $1.3m
- Investments
- $0.0
- Employees
- 11
- Location
- Black Mountain, NC
- Founding
- 09/1977
- Data as of
- 12/2021
- EIN
- 73-1026057
Organization Overview
Presbyterian & Reformed Renewal Ministries International is located in Black Mountain, NC. The organization was established in 1977. According to its NTEE Classification (X21) the organization is classified as: Protestant, under the broad grouping of Religion-Related and related organizations. As of 12/2021, Presbyterian & Reformed Renewal Ministries International employed 11 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Presbyterian & Reformed Renewal Ministries International 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, Presbyterian & Reformed Renewal Ministries International generated $1.3m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.6% each year. All expenses for the organization totaled $898.1k during the year ending 12/2021. While expenses have increased by 1.0% per year over the past 7 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
PROMOTING THE GOSPEL OF JESUS CHRIST
Describe the Organization's Program Activity:
Part 3 - Line 4a
SPONSORED SEMINARS, CONFERENCES, AND MISSIONS TO EQUIP CHRISTIANS WHO ARE: - GROWING AS DISCIPLES OF JESUS CHRIST, - BEING GOVERNED BY THE BIBLE AS THE WORD OF GOD, WHICH IS THEIR AUTHORITY IN ALL MATTERS OF FAITH AND PRACTICE, AND - WHO ARE COOPERATING WITH THE HOLY SPIRIT TO ADVANCE THE KINGDOM OF GOD IN THE CONTEXTS TO WHICH JESUS CHRIST HAS CALLED THEM.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rev Cindy Strickler Head Of Staf | OfficerTrustee | 40 | $80,563 |
Jay Knoblock Director | Trustee | 1 | $24,926 |
Rev Dr Z Bradford Long Executive Di | OfficerTrustee | 40 | $24,000 |
Rev Earl Rutledge President | OfficerTrustee | 1 | $0 |
Kay Gebben Treasurer | OfficerTrustee | 1 | $0 |
Janet Yusi Secretary | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,289,629 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,289,629 |
| Total Program Service Revenue | $32,475 |
| Investment income | $0 |
| 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 | $5,276 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,327,380 |
| 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. | $223,671 |
| Compensation of current officers, directors, key employees. | $79,498 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $171,368 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $16,782 |
| Payroll taxes | $21,780 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,182 |
| Fees for services: Accounting | $6,325 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $102,286 |
| Advertising and promotion | $0 |
| Office expenses | $157,606 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $42,299 |
| Travel | $79,213 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,226 |
| Interest | $38 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $47,531 |
| Insurance | $12,458 |
| All other expenses | $14,329 |
| Total functional expenses | $898,094 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $863,148 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $3,982 |
| 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 | $705 |
| Net Land, buildings, and equipment | $3,250,534 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $3,500 |
| Total assets | $4,121,869 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $14,023 |
| 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 | $14,023 |
| Net assets without donor restrictions | $3,390,278 |
| Net assets with donor restrictions | $717,568 |
| 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 | $4,121,869 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Presbyterian & Reformed Renewal Ministries International has recieved totaling $218,367.
| Awarding Organization | Amount |
|---|---|
Andrew And Gladys Van Noord Foundation Grand Rapids, MI PURPOSE: GENERAL FUNDING | $150,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: RELIGION RELATED | $68,197 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $170 |
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|---|---|---|
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World Outreach Ministries Inc Kennesaw, GA | $2,301,447 | $10,553,778 |
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Timothy Initiative Inc Raleigh, NC | $25,869,697 | $20,418,173 |
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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 |
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