Overview
What is Renewal Ministries Inc?
Renewal Ministries Inc is a nonprofit organization, rooted in the Christian faith, situated in Roseville, California. Their primary mission lies in offering missionary services, serving as a beacon of faith and support in the community. Renewal Ministries is dedicated to this mission, aiming to positively impact lives through their Christian-based initiatives.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 77%, Three-Star out of Four Star rating.
Renewal Ministries Inc has achieved a respectable score of 77% based solely on its Accountability & Finance beacon. This rating reflects the organization’s strong commitment to financial health, transparency, and governance, with a perfect score for independent board members and a low ratio of liabilities to assets. Their program expense ratio stands at an impressive 97.95%, indicating that a significant majority of their expenditures directly support their mission.
Strengths include a fully independent board and no reported diversion of assets, which enhances trust in their operations. However, there are areas for improvement, such as the absence of a whistleblower policy and missing board meeting minutes. While these gaps do not significantly detract from the overall rating, they highlight areas where the organization could enhance its governance practices to bolster accountability.
In summary, Renewal Ministries Inc demonstrates a solid performance in financial accountability and program efficiency, making it a reliable nonprofit. Continued attention to governance policies will further strengthen its operational integrity and public trust.
This AI summary has been generated from information found on Charity Navigator.
Is Renewal Ministries Inc legitimate?
Renewal Ministries Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Renewal Ministries 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Renewal Ministries Inc?
Renewal Ministries Inc, as a Christian organization, is dedicated to providing missionary services. Their mission is to contribute to various causes through their missionary work. By operating as a faith-based organization, Renewal Ministries aims to make a positive impact around the globe, promoting spiritual growth and development. They strive to spread their beliefs and provide assistance to those in need, contributing to global welfare and fostering unity within diverse communities. The specific activities and initiatives undertaken by Renewal Ministries are not detailed in the provided information.
Who is the CEO of Renewal Ministries Inc?
Sergey Vitykov is the President of Renewal Ministries Inc.
What is the revenue of Renewal Ministries Inc?
Renewal Ministries Inc's revenue in 2022 was $8,800.
Who are the executives of Renewal Ministries Inc and what are their salaries?
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Renewal Ministries Inc?
Renewal Ministries Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Renewal Ministries Inc
Renewal Ministries, as a Christian organization, is dedicated to providing missionary services. This nonprofit entity's mission is to serve in a capacity that aligns with its religious beliefs, operating with a focus on spreading faith and making a positive impact in various communities. Renewal Ministries' activities are guided by its commitment to serving as a beacon of faith and hope, offering its services to those in need. The organization's mission is to embody the values of Christianity and put them into action, aiming to make a difference in people's lives through its missionary services.
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Impact
August, 2024
Renewal Ministries Inc has a profound impact on spreading the message of Christianity and providing missionary services. Through their work, they are able to touch the lives of individuals both locally and globally, spreading hope and faith to those in need. Their efforts have helped bring communities together and have made a positive difference in the lives of many.
This information is meant to be a general summary of Renewal Ministries 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Gross Receipts: $8,800
Assets and Liabilities:
- Total Assets: $30,716
- Total Liabilities: $0
- Net Assets: $30,716
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Organization Details
Founding Year
1997
Phone
(916) 788-0164Principal Officer
Sergey Vitykov
Main Address
2020 Frensham Dr, Roseville, CA, 95661
NTEE Category
Code: X21 - Religion related
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