Renova Inc is located in San Diego, CA. According to its NTEE Classification (P45) the organization is classified as: Family Services for Adolescent Parents, under the broad grouping of Human Services and related organizations. As of 12/2023, Renova Inc employed 15 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Renova Inc 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, Renova Inc generated $1.9m in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 27.4% each year . All expenses for the organization totaled $1.9m during the year ending 12/2023. While expenses have increased by 35.9% per year over the past 2 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
RENOVA, INC'S MISSION IS TO FACILITATE THE RESTORATION OF HEALTH AND WELLNESS BY PROVIDING QUALITY THERAPY SERVICES THAT ARE ACCESSIBLE TO ALL. THE ORGANIZATION'S VISION IS THAT EACH THERAPIST IN SAN DIEGO RECEIVES QUALITY TRAINING, AND ALL THOSE WHO CALL SAN DIEGO HOME WILL HAVE ACCESS TO QUALITY AND EFFECTIVE THERAPY SERVICES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
RENOVA, INC. EXPANDS ACCESS TO MENTAL HEALTH CARE THROUGH DIRECT CLINICAL SERVICES FOR CALIFORNIA RESIDENTS. BY PROVIDING IN-PERSON COUNSELING AT ITS CLINICS IN SAN DIEGO COUNTY, RENOVA DELIVERS VITAL SUPPORT TO LOCAL PATIENTS AND FAMILIES MANAGING MENTAL HEALTH CONDITIONS. TO FURTHER INCREASE ACCESSIBILITY, RENOVA OFFERS NEED-BASED SLIDING SCALE DISCOUNTS FOR THERAPY SESSIONS CONDUCTED BY ITS TRAINEE CLINICIANS, ENSURING THAT FINANCIAL CONSTRAINTS DON'T PREVENT INDIVIDUALS FROM RECEIVING NECESSARY CARE. ADDITIONALLY, ITS VIRTUAL THERAPY OFFERINGS GIVE PEOPLE THROUGHOUT CALIFORNIA THE ABILITY TO CONVENIENTLY ACCESS RENOVA'S TEAM OF LICENSED PROFESSIONALS. THIS COMBINATION OF AFFORDABLE IN-PERSON AND VIRTUAL SERVICES ALLOWS RENOVA TO REACH A DIVERSE RANGE OF CLIENTS WITH VARYING NEEDS AND FINANCIAL SITUATIONS. DURING THE REPORTING PERIOD, RENOVA SERVED OVER 300 CASES, DEMONSTRATING ITS COMMITMENT TO IMPROVING MENTAL HEALTH CARE ACCESS ACROSS DIFFERENT COMMUNITIES IN CALIFORNIA.
RENOVA, INC.'S TRAINING PROGRAM FOR THERAPISTS AND DOCTORS IMPROVES ACCESS TO QUALITY MENTAL HEALTH CARE IN SAN DIEGO COUNTY. BY PROVIDING AFFORDABLE EDUCATION IN SPECIALIZED THERAPIES LIKE EMOTIONALLY FOCUSED AND PLAY THERAPY, RENOVA EQUIPS CLINICIANS TO OFFER TARGETED TREATMENT TO COMMUNITY MEMBERS IN NEED. TO ENHANCE ACCESSIBILITY, RENOVA OFFERS SCHOLARSHIPS AND DISCOUNTED RATES FOR 9 OF ITS TRAINING COURSES, ENSURING A DIVERSE RANGE OF PRACTITIONERS CAN BENEFIT FROM THIS PROFESSIONAL DEVELOPMENT OPPORTUNITY. THIS INVESTMENT ENABLES PRACTITIONERS TO ENHANCE THEIR SKILLS SO THEY CAN BETTER SERVE PATIENTS AND FAMILIES MANAGING MENTAL HEALTH CHALLENGES. DURING THE REPORTING PERIOD, RENOVA FACILITATED OVER 30 TRAINING COURSES OVERALL TO MENTAL HEALTH CLINICIANS AROUND THE WORLD, EACH SPANNING 3-6 MONTHS. THROUGH THESE EFFORTS, RENOVA EXPANDS THE REACH OF SPECIALIZED MENTAL HEALTH CARE AND SUPPORTS THE GROWTH OF A MORE SKILLED AND DIVERSE CLINICAL WORKFORCE.
RENOVA, INC. IS EXAMINING THE EFFECTS OF EMOTIONALLY FOCUSED THERAPY (EFT) ON CANCER PATIENTS' RELATIONSHIPS AND WELLBEING THROUGH A CLINICAL TRIAL COLLABORATION WITH THE UNIVERSITY OF CALIFORNIA SAN DIEGO (UCSD). BY PROVIDING COUNSELING SERVICES TO PATIENTS DIAGNOSED WITH INTIMATE CANCERS, RENOVA AIMS TO DEMONSTRATE HOW EFT CAN HELP STRENGTHEN BONDS DURING A CHALLENGING HEALTH CRISIS. THE RESULTS WILL INFORM BEST PRACTICES FOR SUPPORTING CANCER PATIENTS' MENTAL HEALTH AND EQUIP PROVIDERS WITH EVIDENCE-BASED RELATIONSHIP TOOLS. THIS PIONEERING TRIAL HIGHLIGHTS RENOVA'S COMMITMENT TO ADVANCING INNOVATIVE MENTAL HEALTH CARE.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Lisa J Palmer-Olsen President | OfficerTrustee | 40 | $235,000 |
Kathryn DE Bruin Former Sec Secretary | OfficerTrustee | 40 | $235,000 |
Wanda Gardner Treasurer | OfficerTrustee | 0.1 | $0 |
Julie Rogelstad Director | Trustee | 0.1 | $0 |
Richard M Palmer Director | Trustee | 0 | $0 |
Etienne DE Bruin Director | Trustee | 0 | $0 |
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 | $1,188 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $1,188 |
Total Program Service Revenue | $1,826,599 |
Investment income | $4 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $56,252 |
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 | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $1,884,043 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $100 |
Grants and other assistance to domestic individuals. | $188,676 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $486,000 |
Compensation of current officers, directors, key employees. | $48,600 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $662,755 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $15,812 |
Payroll taxes | $82,817 |
Fees for services: Management | $0 |
Fees for services: Legal | $12,827 |
Fees for services: Accounting | $10,417 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $151,961 |
Advertising and promotion | $7,303 |
Office expenses | $42,096 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $140,452 |
Travel | $25,379 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $2,448 |
All other expenses | $11,470 |
Total functional expenses | $1,924,388 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | -$32,568 |
Savings and temporary cash investments | $40,002 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $1,607 |
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 | $1,000 |
Net Land, buildings, and equipment | $51,871 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $15,000 |
Other assets | $4,464 |
Total assets | $81,376 |
Accounts payable and accrued expenses | $9,980 |
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 | $8,281 |
Total liabilities | $18,261 |
Net assets without donor restrictions | $63,115 |
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 | $81,376 |