Renewed Treasures Ministries
EIN: 320452878 · Springfield, MO · NTEE: P73
| Metric | Value |
|---|---|
| Total Revenue | $242K |
| Total Expenses | $253K |
| Net Assets | $36K |
Is Renewed Treasures Ministries Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Renewed Treasures Ministries
Renewed Treasures Ministries (EIN: 320452878) is a nonprofit organization based in Springfield, MO, classified under NTEE code P73. The organization reported total revenue of $242K and total assets of $186K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Renewed Treasures Ministries's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Renewed Treasures Ministries is a small nonprofit that has been operating for 11 years, with 9 years of IRS 990 filings on record (2015–2023). Revenue has grown at a compound annual rate of 12.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $239K |
| Total Expenses | $253K |
| Surplus / Deficit | $-14,824 |
| Total Assets | $194K |
| Total Liabilities | $158K |
| Net Assets | $36K |
| Operating Margin | -6.2% |
| Debt-to-Asset Ratio | 81.6% |
| Months of Reserves | 9.2 months |
Financial Health Grade: C
In 2023, Renewed Treasures Ministries reported a deficit of $15K with expenses exceeding revenue, holds 9.2 months of operating reserves (strong position), has a debt-to-asset ratio of 81.6% (high leverage).
Financial Trends
Over 9 years of filings (2015–2023), Renewed Treasures Ministries's revenue has grown at a compound annual growth rate (CAGR) of 12.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +43.6% | +24.7% | -3.2% |
| 2022 | -43.0% | -18.5% | -22.4% |
| 2021 | +20.2% | +7.7% | +1.8% |
| 2020 | +28.4% | +56.5% | +2.3% |
| 2019 | +42.6% | +14.3% | +10.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1700 |
| IRS Ruling Date | 2015 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Renewed Treasures Ministries 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 Renewed Treasures Ministries 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 deficit of $15K, with expenses exceeding revenue.
- Debt-to-asset ratio: 81.6%.
Frequently Asked Questions about Renewed Treasures Ministries
Is Renewed Treasures Ministries a legitimate charity?
Renewed Treasures Ministries (EIN: 320452878) is a registered tax-exempt nonprofit based in Missouri. It has 9 years of IRS 990 filings on record. Total revenue: $242K. No red flags identified. Financial health grade: C.
How does Renewed Treasures Ministries spend its money?
Renewed Treasures Ministries reported $242K in total revenue in IRS 990 filings. 9 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Renewed Treasures Ministries tax-deductible?
Renewed Treasures Ministries is registered as a tax-exempt nonprofit (EIN: 320452878). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Renewed Treasures Ministries located?
Renewed Treasures Ministries is headquartered in Springfield, Missouri and files with the IRS under EIN 320452878. It is classified under NTEE code P73.
How many years of IRS 990 filings does Renewed Treasures Ministries have?
Renewed Treasures Ministries has 9 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 $242K in total revenue.
Filing History
IRS 990 filing history for Renewed Treasures Ministries showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2015–2023), Renewed Treasures Ministries's revenue has grown by 152.8%, moving from $94K to $239K. Total assets increased by 1976.1% over the same period, from $9K to $194K. Total functional expenses rose by 193.2%, from $86K to $253K. In its most recent filing year (2023), Renewed Treasures Ministries reported a deficit of $15K, with expenses exceeding revenue. The organization holds $158K in liabilities against $194K in assets (debt-to-asset ratio: 81.6%), resulting in net assets of $36K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $239K | $253K | $194K | $158K | — | — |
| 2022 | $166K | $203K | $200K | $152K | — | View 990 |
| 2021 | $291K | $249K | $258K | $165K | — | View 990 |
| 2020 | $242K | $232K | $254K | $203K | — | View 990 |
| 2019 | $189K | $148K | $248K | $208K | — | View 990 |
| 2018 | $132K | $129K | $224K | $223K | — | View 990 |
| 2017 | $219K | $216K | $230K | $215K | — | View 990 |
| 2016 | $156K | $151K | $14K | $1K | — | View 990 |
| 2015 | $94K | $86K | $9K | $1K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $239K, expenses of $253K, and assets of $194K (revenue +43.6% year-over-year).
- 2022: Revenue of $166K, expenses of $203K, and assets of $200K (revenue -43.0% year-over-year).
- 2021: Revenue of $291K, expenses of $249K, and assets of $258K (revenue +20.2% year-over-year).
- 2020: Revenue of $242K, expenses of $232K, and assets of $254K (revenue +28.4% year-over-year).
- 2019: Revenue of $189K, expenses of $148K, and assets of $248K (revenue +42.6% year-over-year).
- 2018: Revenue of $132K, expenses of $129K, and assets of $224K (revenue -39.5% year-over-year).
- 2017: Revenue of $219K, expenses of $216K, and assets of $230K (revenue +40.0% year-over-year).
- 2016: Revenue of $156K, expenses of $151K, and assets of $14K (revenue +65.5% year-over-year).
- 2015: Revenue of $94K, expenses of $86K, and assets of $9K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Renewed Treasures Ministries:
Data Sources and Methodology
This transparency report for Renewed Treasures Ministries 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.