Civic Intelligence

World Renew

990 • Fiscal year 2025 • EIN 38-1708140

Jul 01, 2024 to Jun 30, 2025 • Filed on Oct 17, 2025

8970 Byron Commerce Drive SWByron Center, MI 49315

(800) 552-7972

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

46th percentile

0.15x

Higher debt load relative to assets than 46% of similar nonprofits.

2025 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2025

Liabilities / Revenue

49th percentile

0.23x

Higher debt load relative to revenue than 49% of similar nonprofits.

2025 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2025

Net Margin

6th percentile

-26%

Higher net margin than 6% of similar nonprofits.

2025 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2025

Top Officer Pay

55th percentile

$260,643

Higher top officer pay than 55% of similar nonprofits.

Top officer pay equals 1.4% of source-year revenue.

2025 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2025

Asset Growth

5th percentile

-11%

Faster asset growth than 5% of similar nonprofits.

2025 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2024 to 2025

Revenue Growth

81st percentile

26%

Faster revenue growth than 81% of similar nonprofits.

2025 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2024 to 2025

Assets

Down

$29,169,563

Down $3,521,631 (-11%) from 2024

Net Assets

Down

$24,899,335

Down $3,169,116 (-11%) from 2024

Liabilities

Down

$4,270,228

Down $352,515 (-7.6%) from 2024

Revenue

Up

$18,275,253

Up $3,807,860 (+26%) from 2024

Expenses

Up

$23,014,459

Up $1,765,903 (+8.3%) from 2024

Net Income

Up

-$4,739,206

Up $2,041,957 (+30%) from 2024

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$40M$30M$20M$10M$0Assets 2011: $8,111,917Liabilities 2011: $945,122Net Assets 2011: $7,166,7952011Assets 2012: $11,149,163Liabilities 2012: $1,324,155Net Assets 2012: $9,825,0082012Assets 2013: $12,409,889Liabilities 2013: $1,081,842Net Assets 2013: $11,328,0472013Assets 2014: $14,775,047Liabilities 2014: $939,217Net Assets 2014: $13,835,8302014Assets 2015: $16,690,386Liabilities 2015: $917,648Net Assets 2015: $15,772,7382015Assets 2016: $20,287,029Liabilities 2016: $789,336Net Assets 2016: $19,497,6932016Assets 2017: $24,140,042Liabilities 2017: $931,900Net Assets 2017: $23,208,1422017Assets 2018: $29,011,428Liabilities 2018: $630,183Net Assets 2018: $28,381,2452018Assets 2019: $33,857,406Liabilities 2019: $861,952Net Assets 2019: $32,995,4542019Assets 2020: $32,668,985Liabilities 2020: $2,990,662Net Assets 2020: $29,678,3232020Assets 2021: $34,203,831Liabilities 2021: $2,908,452Net Assets 2021: $31,295,3792021Assets 2022: $34,672,388Liabilities 2022: $4,025,431Net Assets 2022: $30,646,9572022Assets 2023: $38,850,869Liabilities 2023: $5,809,984Net Assets 2023: $33,040,8852023Assets 2024: $32,691,194Liabilities 2024: $4,622,743Net Assets 2024: $28,068,4512024Assets 2025: $29,169,563Liabilities 2025: $4,270,228Net Assets 2025: $24,899,3352025

Highlighted filing

2025

Assets$29,169,563
Liabilities$4,270,228
Net Assets$24,899,335

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$30M$20M$10M$0-$10MExpenses 2011: $14,343,2162011Expenses 2012: $10,890,1902012Revenue 2013: $11,326,520Expenses 2013: $10,219,681Net Income 2013: $1,106,8392013Revenue 2014: $11,771,220Expenses 2014: $9,976,286Net Income 2014: $1,794,9342014Revenue 2015: $12,260,851Expenses 2015: $10,560,667Net Income 2015: $1,700,1842015Revenue 2016: $17,198,915Expenses 2016: $11,650,980Net Income 2016: $5,547,9352016Revenue 2017: $12,455,436Expenses 2017: $11,935,384Net Income 2017: $520,0522017Revenue 2018: $16,764,666Expenses 2018: $11,929,202Net Income 2018: $4,835,4642018Revenue 2019: $16,460,765Expenses 2019: $12,083,461Net Income 2019: $4,377,3042019Revenue 2020: $12,498,891Expenses 2020: $16,162,673Net Income 2020: -$3,663,7822020Revenue 2021: $17,426,489Expenses 2021: $15,947,081Net Income 2021: $1,479,4082021Revenue 2022: $19,259,033Expenses 2022: $17,628,396Net Income 2022: $1,630,6372022Revenue 2023: $21,598,073Expenses 2023: $20,644,252Net Income 2023: $953,8212023Revenue 2024: $14,467,393Expenses 2024: $21,248,556Net Income 2024: -$6,781,1632024Revenue 2025: $18,275,253Expenses 2025: $23,014,459Net Income 2025: -$4,739,2062025

Highlighted filing

2025

Revenue$18,275,253
Expenses$23,014,459
Net Income-$4,739,206
Jump To
Filing Snapshot
Filing Period
Jul 1, 2024 to Jun 30, 2025
Signed
Oct 17, 2025
Return Version
2024v5.2
Gross Receipts
$18,275,470
Mission and Program Overview

Mission

Compelled by a deep passion for justice and mercy, World Renew joins communities around the world to renew hope, reconcile lives, and restore creation with programs focused on disaster response, community health, economic opportunity, food security, and peace & justice.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$14,599,348$14,578,839▼ $20,509
Land, Buildings, and Equipment, Net$5,175,975$5,019,906▼ $156,069
Pledges and Grants Receivable$2,656,916$2,086,829▼ $570,087
Cash and Non-Interest-Bearing Accounts$3,810,729$1,141,767▼ $2,668,962
Prepaid Expenses and Deferred Charges$1,493,559$991,019▼ $502,540
Accounts Receivable$69,095$111,176▲ $42,081
Total Assets$32,691,194$29,169,563▼ $3,521,631
Other Assets Total$4,885,572$5,240,027▲ $354,455
Liabilities
Other Liabilities$3,383,134$3,516,298▲ $133,164
Accounts Payable and Accrued Expenses$1,221,708$728,029▼ $493,679
Deferred Revenue$17,901$25,901▲ $8,000
Total Liabilities$4,622,743$4,270,228▼ $352,515
Net Assets / Fund Balance
Net Assets With Donor Restrictions$13,650,321$14,510,742▲ $860,421
Net Assets Without Donor Restrictions$14,418,130$10,388,593▼ $4,029,537
Total Net Assets Fund Balance$28,068,451$24,899,335▼ $3,169,116
Total Liabilities and Net Assets / Fund Balance$32,691,194$29,169,563▼ $3,521,631

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$4,383,478$382,084$4,765,562
Equipment$351,828$1,139,183$1,491,011
Land$284,600-$284,600
Other Assets Org$5,240,027--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2024$8,061,526$3,417,381-$2,623,067$8,855,840
2023$8,663,839$1,770,015-$2,372,328$8,061,526
2022$6,974,777$3,974,790-$2,285,728$8,663,839
2021$6,377,087$3,084,973-$2,487,283$6,974,777
2020$7,326,400$1,458,072-$2,407,385$6,377,087
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Carol Bremer-BennettExecutive DirectorFT$199,245$61,398$260,643
Carol Bremer-Bennett--$199,245$61,398$260,643

Board Members and Trustees

NameTitle
Jeffrey BanaszakBoard President
Graham SeelBoard Vice President
Ben VanderWindtBoard Member At Large
Charles UdehBoard Member At Large
Donn HansumBoard Member At Large
Emily Boldenow-FortnaBoard Member At Large
Kimberly StarkenburgBoard Member At Large
Beverly AbmaBoard Secretary
Kenneth MacBainBoard Treasurer
Bonny Mulder-BehniaPastoral Advisor

Highest Paid Contractors

ContractorServicesLocationCompensation
American Philanthropic LLCPlanned Giving Resources119 N High Street, West Chester, PA 19380$101,928
Revenue and Support

Revenue Composition

Contributions and Grants
$17,755,488
Program Service Revenue
$0
Investment Income
$358,172
Other Revenue
$161,593
All Other Contributions
$17,274,818
Change in Net Assets
$-4,739,206

Audited Revenue Reconciliation

Revenue per Audited Statements
$18,275,253
Revenue Not Reported on Form 990
$2,189,789
Total Revenue per Audited Statements
$20,465,042
Total Revenue per Form 990
$18,275,253
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$10,078,288
Salaries, Compensation, and Employee Benefits$9,740,912
Grants and Similar Amounts Paid$3,195,259
Total Fundraising Expense$2,801,578
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$4,607,489$1,040,776$1,226,632$6,874,897
Foreign Grants$3,050,149--$3,050,149
Other Employee Benefits$1,054,136$194,569$308,396$1,557,101
Fees for Services Management$858,837$115,682$270,196$1,244,715
Travel$929,955$120,563$117,930$1,168,448
Pension Plan Contributions$442,470$76,000$116,079$634,549
Information Technology$314,687$100,115$141,119$555,921
Advertising$273,039$6,854$254,000$533,893
Occupancy$382,830$26,493$19,894$429,217
Payroll Taxes$265,520$76,867$54,137$396,524
Depreciation Depletion$274,701$96,934$1,321$372,956
Other Expenses$304,271$41,394$12,703$358,368
Office Expenses$305,787$20,510$18,321$344,618
Current Officers, Directors, Trustees, and Key Employees$0$277,841$0$277,841
Conferences and Meetings$89,325$48,219$16,570$154,114
Grants to Domestic Orgs$145,110--$145,110
Insurance$73,131$42,906$0$116,037
Fees for Services Accounting$60,163$40,881$0$101,044
Interest$0$44,534$0$44,534
Fees for Services Legal$19,498$19,554$750$39,802
Total Functional Expenses$1,300,918$752,736$978,316$3,031,970

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$23,988,613
Expenses per Audited Statements$23,014,459
Total Expenses per Form 990$23,014,459
Expenses Not Reported on Form 990$974,154
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Many HandsPella, IA-Disaster$50,000
Church World ServiceElkhart, IN-Disaster$15,000
Coastal Carolina Disaster Resiliency AgencyNew Bern, NC-Disaster$15,000
Christian Reformed Church in North AmericaGrand Rapids, MI-Donor Education$12,500
Justice for AllRock Valley, IA-Disaster$9,500

International Summary

Offices
18
Employees
23
Spending
$13,682,790

International Compliance

Foreign grant records maintained
Yes
Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No

International Activities

RegionActivityServicesOfficesEmployeesSpending
Sub-Saharan AfricaProgram ServicesRelief & Development1014$6,269,599
Central AmericaProgram ServicesRelief & Development44$3,269,743
South AsiaProgram ServicesRelief & Development34$2,341,122
Middle EastProgram ServicesRelief & Development00$924,990
North AmericaProgram ServicesRelief & Development11$770,328
EuropeProgram ServicesRelief & Development00$107,008
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Amount due to Canadian Affiliate for Cost Share$3,516,298
Bank Line of Credit$0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
No
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
World Renew
EIN
38-1708140
Phone
8005527972
Address
8970 Byron Commerce Drive SW, Byron Center, MI 49315

Signing Officer

Name
Christi Schaefbauer
Title
Chief Finance & Investment Officer
Phone
8005527972
Signed
2025-10-17
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Carol Bremer-Bennet
Formed
1963
Legal Domicile
Mi
Voting Board Members
10
Independent Board Members
10
Employees
66
Volunteers
1,487

Preparer

Firm
Vikstrom Accounting Services
Address
8864 MICA DR, ZEELAND, MI 49464
Preparer
Jeffrey Vikstrom
Phone
6167480597
Supplemental Narrative

Additional Explanations

Pt VI, Line 11B

No board reviewed deemed necessary since World Renew is a church agency.

Pt VI, Line 12C

Board practice requires annual review of conflict of interest policy.

Pt VI, Line 15A

All senior positions are pointed on an independent salary scale.

Pt VI, Line 15B

All staff positions are pointed on an independent salary scale.

Pt VI, Line 19

Governing documents and conflict of interest policy can be accessed through World Renews website at www.worldrenew.net by selecting About Us and then Policies & Standards. The most recent version of the audited statements and 990 return can also be accessed through the World Renew website by selecting About Us, then Who We Are, and finally clicking on the Learn More About Our Work button.

Pt XI

Change in balance of beneficial interest

Financial Statement Notes

Pt III, Line 4

Endowment funds are used for relief and community development work

Pt XI, Line 2D

$217 in rental expenses

Pt XII, Line 2D

$217 in rental expenses

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IRS990/Form990PartVIISectionAGrp/TitleTxt0Executive Director
IRS990/Form990PartVIISectionAGrp/TitleTxt1Board President
IRS990/Form990PartVIISectionAGrp/TitleTxt2Board Vice President
IRS990/Form990PartVIISectionAGrp/TitleTxt3Board Treasurer
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IRS990/Form990PartVIISectionAGrp/TitleTxt5Pastoral Advisor
IRS990/Form990PartVIISectionAGrp/TitleTxt6Board Member At Large
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IRS990/MissionDesc0Compelled by a deep passion for justice and mercy, World Renew joins communities around the world to renew hope, reconcile lives, and restore creation with programs focused on disaster response, community health, economic opportunity, food security, and peace & justice.
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IRS990/PrincipalOfficerNm0Carol Bremer-Bennet
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IRS990/ProgSrvcAccomActy2Grp/Desc0World Renew provides disaster survivors with volunteer assistance and materials. Within the United States over 1,400 volunteers offered almost 97,000 volunteer hours serving to clear debris, assess needs, repair and build homes. These volunteers repaired or rebuilt over 200 houses damaged by disasters, serving almost 2,400 individuals. Internationally, World Renew assisted 141,200 participants who experienced natural and human-caused disasters with emergency food, water, shelter, economic assistance, and livelihood rehabilitation
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IRS990/ProgSrvcAccomActy3Grp/Desc0World Renew educates constituency and provides opportunities to engage in their mission to end poverty, hunger, and injustice.
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Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$29.2$4.27$24.9$18.3$23.0$4.74
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$32.7$4.62$28.1$14.5$21.2$6.78
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$38.9$5.81$33.0$21.6$20.6$0.95
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$34.7$4.03$30.6$19.3$17.6$1.63
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$34.2$2.91$31.3$17.4$15.9$1.48
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$32.7$2.99$29.7$12.5$16.2$3.66
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$33.9$0.86$33.0$16.5$12.1$4.38
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$29.0$0.63$28.4$16.8$11.9$4.84
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$24.1$0.93$23.2$12.5$11.9$0.52
2016Detailed filing. Detailed filing data is available for this year.$20.3$0.79$19.5$17.2$11.7$5.55
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$16.7$0.92$15.8$12.3$10.6$1.70
2014Detailed filing. Detailed filing data is available for this year.$14.8$0.94$13.8$11.8$9.98$1.79
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$12.4$1.08$11.3$11.3$10.2$1.11
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$11.1$1.32$9.83$10.9
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.11$0.95$7.17$14.3
Peer Organizations

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