Renewal Of Life Inc
- Assets
- $4.5m
- Revenue
- $5.7m
- Investments
- $0.0
- Employees
- 17
- Location
- Brooklyn, NY
- Founding
- 09/2012
- Data as of
- 06/2020
- EIN
- 90-0772896
Organization Overview
Renewal Of Life Inc is located in Brooklyn, NY. The organization was established in 2012. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. As of 06/2020, Renewal Of Life Inc employed 17 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Renewal Of Life 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 06/2020, Renewal Of Life Inc generated $5.7m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 16.1% each year . All expenses for the organization totaled $3.3m during the year ending 06/2020. While expenses have increased by 5.9% per year over the past 6 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
TO FIND AND MATCH KIDNEY DONORS FOR THOSE SUFFERING FROM VARIOUS FORMS OF KIDNEY DISEASE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
RENEWAL ASSISTED THOSE IN NEED OF A KIDNEY TRANSPLANT WITH GUIDANCE IN HOW TO FIND A DONOR. WE THEN HELD THE HAND OF THE DONORS THROUGHOUT THE ENTIRE PROCESS ACCOMPANYING THEM TO TESTING AND COVERING THE FINANCIAL LOSSES DUE TO KIDNEY DONATION. IN ADDITION, RENEWAL HELD KIDNEY DRIVES AND EDUCATIONAL SEMINARS REGARDING KIDNEY DONATION. TO SUM UP, RENEWAL OFFERS DONOR SUPPORT AND GUIDANCE, REIMBURSEMENT TO DONORS AND DOES AWARENESS EVENTS AND KIDNEY DRIVES.
RENEWAL ASSISTED THOSE IN NEED OF A KIDNEY TRANSPLANT WITH GUIDANCE IN HOW TO FIND A DONOR. WE THEN HELD THE HAND OF THE DONORS THROUGHOUT THE ENTIRE PROCESS ACCOMPANYING THEM TO TESTING AND COVERING THE FINANCIAL LOSSES DUE TO KIDNEY DONATION. IN ADDITION, RENEWAL HELD KIDNEY DRIVES AND EDUCATIONAL SEMINARS REGARDING KIDNEY DONATION. TO SUM UP, RENEWAL OFFERS DONOR SUPPORT AND GUIDANCE, REIMBURSEMENT TO DONORS AND DOES AWARENESS EVENTS AND KIDNEY DRIVES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Aaron J Gindi Fundraiser | 40 | $300,500 | |
David Schischa Fundraiser | 40 | $206,275 | |
Menachem B Friedman Program Dire | 40 | $177,900 | |
Yechiel M Fastag Bookkeeper | 40 | $125,600 | |
Chaim Steinmetz Secretary | OfficerTrustee | 20 | $58,846 |
Alexander Ornstein President | OfficerTrustee | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,654,267 |
| Investment income | $25,884 |
| 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 | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $5,680,151 |
| Statement of Expenses | |
|---|---|
| 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. | $150,016 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,253,673 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $135,810 |
| Payroll taxes | $85,735 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $9,465 |
| Fees for services: Accounting | $11,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $69,814 |
| Advertising and promotion | $311,604 |
| Office expenses | $218,939 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $96,463 |
| Travel | $97,694 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $254,721 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,339 |
| Insurance | $75,061 |
| All other expenses | $0 |
| Total functional expenses | $3,272,475 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,306,090 |
| Savings and temporary cash investments | $1,167,293 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,813 |
| Loans from Officers, Directors, or Controlling Persons | $135,344 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $102,724 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $401,410 |
| Total assets | $4,531,063 |
| Accounts payable and accrued expenses | $75,376 |
| 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 | $75,376 |
| Net assets without donor restrictions | $0 |
| 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 |
| Total liabilities and net assets/fund balances | $4,455,687 |
Grants Recieved
Over the last fiscal year, we have identified 34 grants that Renewal Of Life Inc has recieved totaling $862,751.
| Awarding Organization | Amount |
|---|---|
Jewish Communal Fund New York, NY PURPOSE: GENERAL SUPPORT | $516,513 |
Schwab Charitable Fund San Francisco, CA PURPOSE: HUMAN SERVICES | $63,379 |
Foundation For Medical Evaluation And Early Detection New York, NY PURPOSE: TO SUPPORT HEALTH CARE SCREENINGS FOR THE COMMUNITY. | $50,975 |
Goldman Sachs Philanthropy Fund New York, NY PURPOSE: MEDICAL / PUBLIC SERVICES | $36,000 |
Associated Jewish Charities Of Baltimore Baltimore, MD PURPOSE: GENERAL SUPPORT | $23,500 |
Montefiore Medical Center Bronx, NY PURPOSE: Sponsorship | $20,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Springboard Collaborative Philadelphia, PA | $12,671,655 | $22,795,961 |
Christs Home Warminster, PA | $89,380,042 | $18,912,760 |
Family And Childrens Association Garden City, NY | $18,906,082 | $21,671,282 |
Innocence Project Inc New York, NY | $73,728,840 | $39,853,614 |
The Access Agency Inc Willimantic, CT | $5,450,809 | $18,469,051 |
Agency For Community Empowerment Of Nepa Scranton, PA | $6,588,255 | $19,491,125 |
Ahavat Yisroel Humanity Inc Brooklyn, NY | $8,284,254 | $21,769,721 |
Family & Childrens Agency Inc Norwalk, CT | $7,156,227 | $18,049,898 |
Catholic Family & Community Services Clifton, NJ | $3,341,340 | $18,611,591 |
Dr Gertrude A Barber In Home Services Inc Erie, PA | $4,360,447 | $17,320,654 |
Ao North America Inc Wayne, PA | $10,460,064 | $15,724,733 |
Pro Action Of Steuben And Yates Inc Bath, NY | $5,623,306 | $16,689,499 |