Renewanation
EIN: 263901081 · Roanoke, VA · NTEE: B90
| Metric | Value |
|---|---|
| Total Revenue | $5.3M |
| Total Expenses | $4.4M |
| Net Assets | $5.9M |
Is Renewanation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Renewanation
Renewanation (EIN: 263901081) is a nonprofit organization based in Roanoke, VA, classified under NTEE code B90. The organization reported total revenue of $5.3M and total assets of $6.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Renewanation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Renewanation is a mid-size nonprofit that has been operating for 17 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 26.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $4.8M |
| Total Expenses | $4.4M |
| Surplus / Deficit | +$384K |
| Total Assets | $6.1M |
| Total Liabilities | $169K |
| Net Assets | $5.9M |
| Operating Margin | 8.0% |
| Debt-to-Asset Ratio | 2.8% |
| Months of Reserves | 16.5 months |
Financial Health Grade: A
In 2023, Renewanation reported a surplus of $384K with revenue exceeding expenses, holds 16.5 months of operating reserves (strong position), has a debt-to-asset ratio of 2.8% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Renewanation's revenue has grown at a compound annual growth rate (CAGR) of 26.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +18.3% | +3.8% | +8.6% |
| 2022 | +4.2% | +22.8% | -3.7% |
| 2021 | +8.8% | -7.3% | +7.7% |
| 2020 | +7.9% | +52.3% | -3.0% |
| 2019 | +33.5% | +9.4% | +18.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2009 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Renewanation has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Renewanation with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $384K, with revenue exceeding expenses.
- Debt-to-asset ratio: 2.8%.
Frequently Asked Questions about Renewanation
Is Renewanation a legitimate charity?
Based on AI analysis of IRS 990 filings, Renewanation (EIN: 263901081) insufficient data. 0 red flags identified, 0 strengths noted.
How does Renewanation spend its money?
Detailed spending breakdown data is not yet available for Renewanation. Check back for updated IRS 990 analysis.
Are donations to Renewanation tax-deductible?
Renewanation is registered as a tax-exempt nonprofit (EIN: 263901081). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Renewanation located?
Renewanation is headquartered in Roanoke, Virginia and files with the IRS under EIN 263901081. It is classified under NTEE code B90.
How many years of IRS 990 filings does Renewanation have?
Renewanation has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $5.3M in total revenue.
Filing History
IRS 990 filing history for Renewanation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Renewanation's revenue has grown by 1571.8%, moving from $287K to $4.8M. Total assets increased by 4929.7% over the same period, from $121K to $6.1M. Total functional expenses rose by 1279.6%, from $319K to $4.4M. In its most recent filing year (2023), Renewanation reported a surplus of $384K, with revenue exceeding expenses. The organization holds $169K in liabilities against $6.1M in assets (debt-to-asset ratio: 2.8%), resulting in net assets of $5.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $4.8M | $4.4M | $6.1M | $169K | — | — |
| 2022 | $4.0M | $4.2M | $5.6M | $155K | — | View 990 |
| 2021 | $3.9M | $3.5M | $5.8M | $159K | — | View 990 |
| 2020 | $3.6M | $3.7M | $5.4M | $171K | — | View 990 |
| 2019 | $3.3M | $2.4M | $5.6M | $178K | — | View 990 |
| 2018 | $2.5M | $2.2M | $4.7M | $174K | — | View 990 |
| 2017 | $3.3M | $1.8M | $4.4M | $170K | — | View 990 |
| 2016 | $2.2M | $1.0M | $2.9M | $176K | — | View 990 |
| 2015 | $2.1M | $613K | $1.6M | $0 | — | View 990 |
| 2014 | $377K | $383K | $109K | $8K | — | View 990 |
| 2013 | $314K | $409K | $132K | $111K | — | View 990 |
| 2012 | $457K | $346K | $225K | $83K | — | View 990 |
| 2011 | $287K | $319K | $121K | $37K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $4.8M, expenses of $4.4M, and assets of $6.1M (revenue +18.3% year-over-year).
- 2022: Revenue of $4.0M, expenses of $4.2M, and assets of $5.6M (revenue +4.2% year-over-year).
- 2021: Revenue of $3.9M, expenses of $3.5M, and assets of $5.8M (revenue +8.8% year-over-year).
- 2020: Revenue of $3.6M, expenses of $3.7M, and assets of $5.4M (revenue +7.9% year-over-year).
- 2019: Revenue of $3.3M, expenses of $2.4M, and assets of $5.6M (revenue +33.5% year-over-year).
- 2018: Revenue of $2.5M, expenses of $2.2M, and assets of $4.7M (revenue -25.8% year-over-year).
- 2017: Revenue of $3.3M, expenses of $1.8M, and assets of $4.4M (revenue +54.4% year-over-year).
- 2016: Revenue of $2.2M, expenses of $1.0M, and assets of $2.9M (revenue +4.6% year-over-year).
- 2015: Revenue of $2.1M, expenses of $613K, and assets of $1.6M (revenue +448.8% year-over-year).
- 2014: Revenue of $377K, expenses of $383K, and assets of $109K (revenue +20.2% year-over-year).
- 2013: Revenue of $314K, expenses of $409K, and assets of $132K (revenue -31.3% year-over-year).
- 2012: Revenue of $457K, expenses of $346K, and assets of $225K (revenue +59.5% year-over-year).
- 2011: Revenue of $287K, expenses of $319K, and assets of $121K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Renewanation:
Data Sources and Methodology
This transparency report for Renewanation is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.