Quick charity verification for Renewed Ministries Incorporated (EIN: 202840447)
Verdict: Renewed Ministries Incorporated has notable concerns
20/100Mission Score
$1Revenue
$1Assets
2Red Flags
2Strengths
Red Flags
Extremely low and declining financial activity over several years, suggesting dormancy or cessation of operations.
Minimal assets ($1) and revenue ($1) in the latest filing, indicating a lack of financial capacity for significant impact.
Strengths
No reported officer compensation, indicating a volunteer-driven or unpaid leadership structure.
No reported liabilities, suggesting financial stability in terms of debt.
Spending Breakdown
How Renewed Ministries Incorporated allocates its funds across programs, administration, and fundraising.
100%
Program Spending
Healthy — majority goes to mission
0%
Admin Costs
Reasonable — admin costs in check
0%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.
How to Interpret This Report
What Red Flags Mean
Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.
What Mission Score Measures
The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.
Using This Data for Donation Decisions
Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.
Frequently Asked Questions about Renewed Ministries Incorporated
Is Renewed Ministries Incorporated a legitimate charity?
Based on AI analysis of IRS 990 filings, Renewed Ministries Incorporated (EIN: 202840447) has notable concerns. Mission Score: 20/100. 2 red flags identified, 2 strengths noted.
Is Renewed Ministries Incorporated a good charity to donate to?
Renewed Ministries Incorporated has a Mission Score of 20/100. Revenue: $1. Assets: $1. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Renewed Ministries Incorporated?
The Employer Identification Number (EIN) for Renewed Ministries Incorporated is 202840447. This is the unique tax ID assigned by the IRS.
What is a Mission Score?
The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.
How does Renewed Ministries Incorporated spend its money?
Renewed Ministries Incorporated allocates 100% to programs, 0% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Renewed Ministries Incorporated's tax-exempt status?
You can verify Renewed Ministries Incorporated's tax-exempt status using EIN 202840447 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.
AI Transparency Report
Renewed Ministries Incorporated appears to be largely inactive or has ceased significant operations. For the latest reported period (201912), the organization reported only $1 in revenue and $1 in expenses, with $1 in assets. This minimal financial activity has been consistent for several years, with revenue and expenses often reported as $0 or $1 since 2017. The organization's financial activity peaked around 2011-2012, with revenues of $2,689 and $2,023 respectively, and has steadily declined since. Given the extremely low financial figures, it is difficult to assess spending efficiency or program impact based on the provided data. The consistent reporting of minimal assets and no liabilities suggests a very small or dormant entity.