Civic Intelligence

World Renewal Inc.

990 • Fiscal year 2015 • EIN 48-1013981

Jan 01, 2015 to Dec 31, 2015 • Filed on Nov 14, 2016

PO Box 399Greenfield, IN 46140

(317) 467-9899

Siviq Scores

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

Liabilities / Assets

52nd percentile

0.05x

Higher debt load relative to assets than 52% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Liabilities / Revenue

31st percentile

0.01x

Higher debt load relative to revenue than 31% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Net Margin

52nd percentile

3.6%

Higher net margin than 52% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Top Officer Pay

77th percentile

$69,054

Higher top officer pay than 77% of similar nonprofits.

Top officer pay equals 7.1% of source-year revenue.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Asset Growth

2nd percentile

-51%

Faster asset growth than 2% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2014 to 2015

Revenue Growth

41st percentile

-0.3%

Faster revenue growth than 41% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2014 to 2015

Assets

Down

$102,964

Down $47,441 (-32%) from 2013

Net Assets

Down

$97,576

Down $27,351 (-22%) from 2013

Liabilities

Down

$5,388

Down $20,090 (-79%) from 2013

Revenue

Up

$972,722

Up $121,999 (+14%) from 2013

Expenses

Up

$937,452

Up $115,841 (+14%) from 2013

Net Income

Up

$35,270

Up $6,158 (+21%) from 2013

Historical Trend

Balance Sheet Trend

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

$300K$200K$100K$0Assets 2011: $181,717Liabilities 2011: $45,769Net Assets 2011: $135,9482011Assets 2012: $233,797Liabilities 2012: $62,000Net Assets 2012: $171,7972012Assets 2013: $150,405Liabilities 2013: $25,478Net Assets 2013: $124,9272013Assets 2015: $102,964Liabilities 2015: $5,388Net Assets 2015: $97,5762015Assets 2016: $118,835Liabilities 2016: $864Net Assets 2016: $117,9712016Assets 2017: $102,062Liabilities 2017: $17,142Net Assets 2017: $84,9202017Assets 2018: $80,048Liabilities 2018: $17,024Net Assets 2018: $63,0242018Assets 2019: $131,474Liabilities 2019: $27,458Net Assets 2019: $104,0162019Assets 2021: $161,585Liabilities 2021: $8,780Net Assets 2021: $152,8052021Assets 2022: $251,357Liabilities 2022: $117,260Net Assets 2022: $134,0972022Assets 2024: $136,051Liabilities 2024: $25,539Net Assets 2024: $110,5122024

Highlighted filing

2015

Assets$102,964
Liabilities$5,388
Net Assets$97,576

Operations Trend

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

$1.5M$1.0M$500K$0-$500KExpenses 2011: $774,3152011Expenses 2012: $841,2622012Revenue 2013: $850,723Expenses 2013: $821,611Net Income 2013: $29,1122013Revenue 2015: $972,722Expenses 2015: $937,452Net Income 2015: $35,2702015Revenue 2016: $1,026,816Expenses 2016: $1,006,421Net Income 2016: $20,3952016Revenue 2017: $1,177,619Expenses 2017: $1,210,670Net Income 2017: -$33,0512017Revenue 2018: $1,157,696Expenses 2018: $1,179,592Net Income 2018: -$21,8962018Revenue 2019: $1,171,733Expenses 2019: $1,130,741Net Income 2019: $40,9922019Revenue 2021: $1,349,655Expenses 2021: $1,311,085Net Income 2021: $38,5702021Revenue 2022: $1,468,872Expenses 2022: $1,487,580Net Income 2022: -$18,7082022Revenue 2024: $1,481,909Expenses 2024: $1,459,950Net Income 2024: $21,9592024

Highlighted filing

2015

Revenue$972,722
Expenses$937,452
Net Income$35,270
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Nov 14, 2016
Return Version
2015v2.1
Gross Receipts
$972,722
Mission and Program Overview

Mission

World Renewal is committed to the spreading of the Gospel throughout the United States and the world through preaching, teaching and caring for the hurting.

Evangelistic services and foreign missions

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$211,652$102,964▼ $108,688
Rtn Earn Endowment Incm Other Fnds$186,255$97,576▼ $88,679
Land, Buildings, and Equipment, Net$0$0→ $0
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$211,652$102,964▼ $108,688
Liabilities
Unsecured Notes Loans Payable$20,000$0▼ $20,000
Accounts Payable and Accrued Expenses$5,397$5,388▼ $9
Total Liabilities$25,397$5,388▼ $20,009
Net Assets / Fund Balance
Total Net Assets Fund Balance$186,255$97,576▼ $88,679
Total Liabilities and Net Assets / Fund Balance$211,652$102,964▼ $108,688

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$0$28,754$28,754
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Gary WrightPresidentFT$69,054$69,054

Board Members and Trustees

NameTitle
Steve SteerChairman
Tele MoraesVice-President
Amos TaylorDirector
Hubert NolanDirector
Joe SchoonoverDirector
Nick FianoDirector
Paul GalbraithDirector
Wayne PhelpsDirector
Gary SteerSecretary
Dean CobbsTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$972,722
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$972,722
Change in Net Assets
$35,270
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$737,297
Salaries, Compensation, and Employee Benefits$196,683
Professional Fundraising Fees$3,472
Total Fundraising Expense$3,472
Grants and Similar Amounts Paid$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$77,595$33,255-$110,850
Current Officers, Directors, Trustees, and Key Employees$48,338$20,716-$69,054
Travel$58,859--$58,859
All Other Expenses$45,233--$45,233
Other Expenses$42,850--$42,850
Occupancy$20,140$2,238-$22,378
Fees for Services Other$11,864$1,319-$13,183
Payroll Taxes$6,180$2,648-$8,828
Other Employee Benefits$4,838$2,073-$6,911
Office Expenses$3,678$409-$4,087
Fees for Services Professional Fundraising--$3,472$3,472
Interest$2,852--$2,852
Insurance$1,309--$1,309
Conferences and Meetings$1,154--$1,154
Pension Plan Contributions$728$312-$1,040
Total Functional Expenses$871,010$62,970$3,472$937,452
International Activity

International Summary

Offices
6
Employees
1
Spending
$595,127

International Compliance

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
South AmericaProgram ServiceSupport of Missionaries, Church Plants and Christian School in Brazil and Columbia11$365,532
Central America and the CaribbeanProgram ServiceProgram ServiceSupport of Missionaries and Church Plants in Haiti, Cuba and Dominican Republic. Support of Orphanage in Haiti.2-$91,500
Sub-Saharan AfricaProgram ServiceSupport of Missionaires and Church Plants in Africa.1-$88,360
EuropeProgram serviceSupport of Missionaries and Church Plants in Europe.1-$42,850
North AmericaProgram ServiceSupport of Missionaries and Church Plants in Mexico1-$6,885
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$3,472
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Gary WrightPresidentRental of Office and storageNo$17,514
Carol WrightWife of Gary Wright, President of the organizationPayment as compensation of organizationNo$5,984
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Business relationship with family members
Yes
Business relationship with organization members
Yes
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, line 2

Board Chairman Steve Steer is the brother of Secretary/Treasurer Gary Steer.

Form 990, Part VI, Section A, line 6

Members elect the Board of Directors.

Form 990, Part VI, Section A, line 7A

Directors are elected by the members at the annual meeting.

Form 990, Part VI, Section B, line 11

Prior to filing Form 990, a copy of the 990 was provided to all officers and directors. Each individual receiving a copy of the 990 was given an opportunity to comment or question any item on the return before it was filed.

Form 990, Part VI, Section C, line 19

These documents may be viewed at the business office during regular business hours.

Filing and Contact Details

Filer

Filer Name
World Renewal Inc
EIN
48-1013981
Phone
3174679899
Address
PO Box 399, Greenfield, IN 46140

Signing Officer

Name
Steven D Steer CPA
Title
Board Chairman
Phone
3303378713
Signed
2016-11-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Gary Wright
Formed
1986
Legal Domicile
In
Voting Board Members
11
Independent Board Members
10
Employees
13
Volunteers
25

Preparer

Firm
Hack Steer & Company LLC
Address
314 East Second Street, Salem, OH 44460
Preparer
Steven D Steer CPA
Phone
3303378713
Supplemental Narrative

Additional Explanations

Form 990, Part XI, line 9:

Electronic withdrawals for missionary operations in a prior period had not -123,949. been recorded. Therefore, cash was overstated in the prior period.

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IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0972722
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0975780
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0850723
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0877111
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0853634
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt04529970
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt04529970
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0972722
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0975780
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0850723
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0877111
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0853634
IRS990ScheduleA/Total509Grp/TotalAmt04529970
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0972722
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0975780
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0850723
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0877111
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0853634
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt04529970
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/EquipmentGrp/BookValueAmt00
IRS990ScheduleD/EquipmentGrp/DepreciationAmt028754
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt028754
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/EmployeeCnt01
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/OfficesCnt01
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/OfficesCnt11
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/OfficesCnt22
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/OfficesCnt31
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/OfficesCnt41
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt0365532
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt16885
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt291500
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt388360
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt442850
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt0South America
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt1North America
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt2Central America and the Caribbean
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt3Sub-Saharan Africa
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt4Europe
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/SpecificServicesProvidedTxt0Support of Missionaries, Church Plants and Christian School in Brazil and Columbia
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/SpecificServicesProvidedTxt1Support of Missionaries and Church Plants in Mexico
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/SpecificServicesProvidedTxt2Support of Missionaries and Church Plants in Haiti, Cuba and Dominican Republic. Support of Orphanage in Haiti.
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/SpecificServicesProvidedTxt3Support of Missionaires and Church Plants in Africa.
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/SpecificServicesProvidedTxt4Support of Missionaries and Church Plants in Europe.
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt0Program Service
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt1Program Service
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt2Program ServiceProgram Service
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt3Program Service
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt4Program service
IRS990ScheduleF/BoycottCountriesInd00
IRS990ScheduleF/ContinuationSpentAmt00
IRS990ScheduleF/ContinutationTotalEmployeeCnt00
IRS990ScheduleF/ContinutationTotalOfficeCnt00
IRS990ScheduleF/ForeignCorpOwnershipInd00
IRS990ScheduleF/ForeignPartnershipInd00
IRS990ScheduleF/InterestInForeignTrustInd00
IRS990ScheduleF/PassiveForeignInvestmestCoInd00
IRS990ScheduleF/SubtotalEmployeesCnt01
IRS990ScheduleF/SubtotalOfficesCnt06
IRS990ScheduleF/SubtotalSpentAmt0595127
IRS990ScheduleF/SupplementalInformationDetail/ExplanationTxt0Cash ;ListTotal 320663
IRS990ScheduleF/SupplementalInformationDetail/FormAndLineReferenceDesc0Part I, line 3:
IRS990ScheduleF/TotalEmployeeCnt01
IRS990ScheduleF/TotalOfficeCnt06
IRS990ScheduleF/TotalSpentAmt0595127
IRS990ScheduleF/TransferToForeignCorpInd00
IRS990/ScheduleJRequiredInd00
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm0Carol Wright
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm1Gary Wright
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0Wife of Gary Wright, President of the organization
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt1President
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd00
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd10
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt05984
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt117514
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0Payment as compensation of organization
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc1Rental of Office and storage
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Board Chairman Steve Steer is the brother of Secretary/Treasurer Gary Steer.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Members elect the Board of Directors.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Directors are elected by the members at the annual meeting.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Prior to filing Form 990, a copy of the 990 was provided to all officers and directors. Each individual receiving a copy of the 990 was given an opportunity to comment or question any item on the return before it was filed.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4These documents may be viewed at the business office during regular business hours.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Electronic withdrawals for missionary operations in a prior period had not -123,949. been recorded. Therefore, cash was overstated in the prior period.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section A, line 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section A, line 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section A, line 7a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section B, line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Section C, line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part XI, line 9:
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0211652
IRS990/TotalAssetsEOYAmt0102964
IRS990/TotalAssetsGrp/BOYAmt0211652
IRS990/TotalAssetsGrp/EOYAmt0102964
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0972722
IRS990/TotalEmployeeCnt013
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt03472
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt062970
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0871010
IRS990/TotalFunctionalExpensesGrp/TotalAmt0937452
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt025397

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