World Renewal Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 481013981 ✦ Greenfield, IN ✦ Designated as a 501(c)(3)

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Overview

What is World Renewal Inc?

World Renewal Inc, based in Greenfield, Indiana, is a nonprofit organization with a strong focus on spreading the Gospel. Their primary activities encompass conducting evangelistic services and engaging in missionary work globally. This involves organizing worship services, Bible studies, and other related activities to promote religious teachings. The organization's reach extends beyond U.S. borders, demonstrating a commitment to sharing their beliefs and offering support worldwide. With a team of 17 dedicated individuals, World Renewal Inc is actively engaged in preaching, teaching, and providing aid to those in need, embodying their mission to care for the hurting.


Official website here: www.worldrenewal.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: Two-Star out of Four Stars (Needs Improvement, 66%)

World Renewal Inc. has received a "Needs Improvement" rating from Charity Navigator, reflecting some significant strengths along with notable areas for growth. The organization boasts a high score for Leadership & Adaptability, indicating strong governance and a majority of independent board members, which can enhance decision-making and accountability. Its program expense ratio is commendable at 91.61%, showing a dedication to programmatic spending.

However, the nonprofit faces challenges in its accountability and impact measurement, with a notably low score of 46 in Impact & Measurement. Missing policies related to conflict of interest, whistleblower protections, and document retention further highlight governance weaknesses that need addressing. Additionally, the organization's program planning and design processes showed room for improvement, which may hinder its overall effectiveness and the ability to track progress against its strategic goals.

In summary, while World Renewal Inc. demonstrates a commitment to leadership development and a solid financial structure, it must improve its operational policies and measurement strategies to enhance its overall impact. The organization’s strategic goal of growing "God's kingdom across the world" reflects its mission, but execution will be key to achieving meaningful outcomes and improving its rating.


This AI summary has been generated from information found on Charity Navigator.

What do the Facebook reviews say about World Renewal Inc?

100% of 5 reviewers on Facebook recommend World Renewal Inc. Here is a summary of their reviews:

People appreciate the integrity of the organization and its leadership. One user reminisces positively about their experience working alongside Gary Wright on mission trips, highlighting the organization as reliable and commendable. Overall, the sentiment reflects a strong endorsement of the nonprofit's mission and operations, suggesting that it upholds high standards and ethical practices.

The consistent praise indicates that those who have engaged with World Renewal Inc have found their work meaningful and impactful, contributing to a positive reputation within the community.


This AI summary has been generated from reviews found on Facebook.

Is World Renewal Inc legitimate?

World Renewal Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. World Renewal Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $75,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $258,510

For more financial information, click here


Official website here: www.worldrenewal.org

What is the mission statement of World Renewal Inc?

World Renewal Inc is dedicated to promoting the spread of Christianity globally. Their mission is accomplished through various means, such as conducting evangelistic services, offering Bible education, and engaging in missionary work. This organization is committed to caring for those in need, extending its efforts beyond the borders of the United States to spread the Gospel worldwide. In essence, World Renewal Inc's mission is to share the teachings of Christianity and provide support to those who are suffering.


Official website here: www.worldrenewal.org

Who is the CEO of World Renewal Inc?

Gary Wright is the President of World Renewal Inc.


Official website here: www.worldrenewal.org

What is the revenue of World Renewal Inc?

World Renewal Inc's revenue in 2022 was $1,468,872.


Official website here: www.worldrenewal.org

Who are the executives of World Renewal Inc and what are their salaries?

The average compensation at World Renewal Inc during 2022 was $19,618. There are 17 employees and 25 volunteers at World Renewal Inc.


Here are 13 key members and their salaries:


Gary Wright (President)
  • Compensation: $75,000
  • Related: $0
  • Other: $0
Hubert Nolan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tele Moraes (Vice-President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gary Steer (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Steer (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Galbraith (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Wes Davis (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Wayne Phelps (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dean Cobbs (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nick Fiano (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mary Beth Nolan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Greg Ruble (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kris Sorensen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.worldrenewal.org

Where can I find the form 990 for World Renewal Inc?

World Renewal Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.worldrenewal.org

Learn more at the official website: www.worldrenewal.org

Mission Statement of World Renewal Inc

World Renewal Inc, as a nonprofit organization, is dedicated to spreading the Gospel both domestically and internationally. Their mission is threefold: preaching, teaching, and caring for those in need. They accomplish this by conducting worship services, offering Bible school, and engaging in missionary work. The organization's primary objective is to share the message of faith, and in doing so, they aim to provide solace and support to those who are hurting. World Renewal Inc's commitment extends beyond just the sharing of religious beliefs; they also actively engage in caring for those in need, demonstrating the compassionate aspects of their faith.

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Impact




July, 2024

World Renewal Inc's impact lies in spreading the Gospel throughout the United States and the world through preaching, teaching, and caring for the hurting. Their activities include conducting evangelistic services, Bible schools, and missionary work both domestically and internationally. By passionately carrying out their mission, World Renewal Inc plays a key role in advancing spiritual growth and support for those in need within their communities and beyond.




This information is meant to be a general summary of World Renewal Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$1,468,872 (2022)
Expenses
$1,487,580 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Gross Receipts: $1,468,872

Assets and Liabilities:

  • Total Assets: $251,357
  • Total Liabilities: $117,260
  • Net Assets: $134,097

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Organization Details

Founding Year

1986

Principal Officer

Gary Wright

Main Address

PO Box 399, Greenfield, IN, 46140

NTEE Category

Code: X20 - Religion related

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