Renewanation

The information in this column was provided to MinistryWatch by the ministry itself. It was last updated 11/22/2021. To update the information in this column, please email: info@ministrywatch.com


Summary

Transforming culture by giving millions of children a biblical worldview.

Children form concepts of truth based primarily on the influence of friends, family, media, and from what they are taught at school.

A child who develops a biblical worldview as a result of Renewanation's impact will be:

a committed follower of Jesus Christ with a strong biblical worldview

a responsible citizen who appreciates America's Christian heritage and works to strengthen that influence on government and in every sphere of culture

a person of principle and character that adds value to those around them

able to confidently and lovingly defend and share their Christian faith

able to continue their education if they choose to do so and become a productive citizen that improves society through God's calling on their life


Contact information

Mailing address:
Renewanation
P.O. Box 12366
Roanoke, VA 24025

Website: renewanation.org

Phone: 540-890-8900

Email: info@renewanation.org


Organization details

EIN: 263901081

CEO/President: Jeff Keaton

Chairman: Jeff Keaton

Board size: 6

Founder: Jeff Keaton

Ruling year: 2009

Tax deductible: Yes

Fiscal year end: 12/31

Member of ECFA: Yes

Member of ECFA since: 2016


Purpose

Our Vision: To transform our culture by giving millions of children a biblical worldview

Our Next Step: To see 1 million children developing a biblical worldview by the end of 2029


Mission statement

Our Mission: To inspire and equip the family, church, and school to give children a biblical worldview


Statement of faith

RenewaNation embraces the following statements concerning biblical truth. The Bible is our rule for faith and practice. This Statement of Faith is intended simply as a basis of fellowship among us (i.e., that we all speak the same thing; I Corinthians 1:10; Acts 2:42). No claim is made that it contains all biblical truth; only that it covers our need as to these fundamental doctrines governing our relationships and practice. We do not presume to say the wording employed in this Statement of Faith is inspired or that it is the final work on Bible truth. However, we are persuaded it is proper and consistent with the Holy Scriptures to "set forth in order a declaration of those things which are most surely believed among us."(Luke 1:1).

The following statement is the basic spiritual foundation for RENEWANATION.

- We believe the Bible to be the inspired, the only infallible, authoritative Word of God. - We believe that there is one God, eternally existent in three persons: Father, Son, and Holy Spirit. - We believe in the divinity of our Lord Jesus Christ, in His virgin birth, in His sinless life, in His miracles, in His atoning death through His shed blood, in His bodily resurrection, in His ascension to the right hand of the Father, and in His personal return in power and glory. - We believe that regeneration by the Holy Spirit is absolutely essential for the salvation of lost and sinful man. - We believe that all humanity is born under the curse of sin and can only be saved by grace through faith in Jesus Christ. - We believe in the present ministry of the Holy Spirit by whose indwelling the Christian is enabled to live a godly life. - We believe in the resurrection of both the saved and the unsaved: the saved unto the resurrection of life and the unsaved unto the resurrection of damnation. - We believe in the spiritual unity of believers in our Lord Jesus Christ. - We believe in the Genesis account of Creation. - We believe marriage was instituted by God as a lifelong union between one man and one woman.

Transparency grade

A

To understand our transparency grade, click here.


Financial efficiency ratings

Sector: Christian Growth

CategoryRatingOverall rankSector rank
Overall efficiency rating333 of 99927 of 75
Fund acquisition rating153 of 100112 of 75
Resource allocation rating244 of 100125 of 75
Asset utilization rating860 of 99962 of 75

Financial ratios

Funding ratiosSector median20192018201720162015
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
7%2%1%2%3%2%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
5%2%1%2%3%2%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
86%94%95%99%99%99%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
5%2%2%3%5%6%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
14%6%5%1%1%1%
 
Operating ratiosSector median20192018201720162015
Program expense ratio Program expense ratio =
Program services /
Total expenses
81%85%80%83%73%78%
Spending ratio Spending ratio =
Total expenses /
Total revenue
96%74%90%53%48%30%
Program output ratio Program output ratio =
Program services /
Total revenue
75%63%73%44%35%23%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
4%26%10%47%52%70%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
4%16%5%37%42%94%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
13%13%18%14%21%16%
 
Investing ratiosSector median20192018201720162015
Total asset turnover Total asset turnover =
Total expenses /
Total assets
1.030.440.480.400.360.39
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
1.412.212.982.842.992.16
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
1.610.981.421.131.080.85
 
Liquidity ratiosSector median20192018201720162015
Current ratio Current ratio =
Total current assets /
Total current liabilities
11.86118.23147.511175.93130.090.00
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.070.010.010.000.010.00
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
6.9212.198.3810.6511.0714.11
 
Solvency ratiosSector median20192018201720162015
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
9%3%4%4%6%0%
Debt ratio Debt ratio =
Debt /
Total assets
0%3%3%4%6%0%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
79%219%202%242%261%254%

Financials

Balance sheet
 
Assets20192018201720162015
Cash$2,506,591$1,571,990$1,566,147$959,127$697,032
Receivables, inventories, prepaids$3,096$1,594$197$0$0
Short-term investments$0$0$0$0$24,165
Other current assets$0$0$0$0$0
Total current assets$2,509,687$1,573,584$1,566,344$959,127$721,197
Long-term investments$0$0$0$0$0
Fixed assets$3,040,836$3,111,282$2,873,553$1,905,834$741,882
Other long-term assets$3,708$4,024$4,340$4,655$95,977
Total long-term assets$3,044,544$3,115,306$2,877,893$1,910,489$837,859
Total assets$5,554,231$4,688,890$4,444,237$2,869,616$1,559,056
 
Liabilities20192018201720162015
Payables and accrued expenses$21,228$10,668$1,332$7,373$0
Other current liabilities$0$0$0$0$0
Total current liabilities$21,228$10,668$1,332$7,373$0
Debt$156,907$162,993$168,807$168,685$0
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$0$0$0$0$0
Total long-term liabilities$156,907$162,993$168,807$168,685$0
Total liabilities$178,135$173,661$170,139$176,058$0
 
Net assets20192018201720162015
Without donor restrictions$2,712,438$2,616,362$2,409,718$1,141,982$239,699
With donor restrictions$2,663,658$1,898,867$1,864,380$1,551,576$1,319,357
Net assets$5,376,096$4,515,229$4,274,098$2,693,558$1,559,056
 
Revenues and expenses
 
Revenue20192018201720162015
Total contributions$3,111,833$2,349,352$3,305,420$2,135,852$2,041,165
Program service revenue$39,052$34,933$22,665$13,750$14,069
Membership dues$0$0$0$300$360
Investment income$15,584$3,210($15,103)$8,508$17,844
Other revenue$143,984$92,095$30,959$7,806($1,742)
Total other revenue$198,620$130,238$38,521$30,364$30,531
Total revenue$3,310,453$2,479,590$3,343,941$2,166,216$2,071,696
 
Expenses20192018201720162015
Program services$2,077,545$1,798,882$1,460,207$754,882$475,560
Management and general$311,957$405,926$248,467$220,440$99,710
Fundraising$60,084$33,651$54,727$56,392$37,929
Total expenses$2,449,586$2,238,459$1,763,401$1,031,714$613,199
 
Change in net assets20192018201720162015
Surplus (deficit)$860,867$241,131$1,580,540$1,134,502$1,458,497
Other changes in net assets$0$0$0$0$0
Total change in net assets$860,867$241,131$1,580,540$1,134,502$1,458,497

Compensation

NameTitleCompensation
Jeffery KeatonChairman, CEO & President$112,571
Ronald GordonCOO$104,271
Josh MulvihillExecutive Director$100,500

Compensation data as of: 12/31/2019


Response from ministry

No response has been provided by this ministry.


The information below was provided to MinistryWatch by the ministry itself. It was last updated 11/22/2021. To update the information below, please email: info@ministrywatch.com


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