Civic Intelligence

Renovare Inc.

990 • Fiscal year 2017 • EIN 48-1062723

Jul 01, 2016 to Jun 30, 2017 • Filed on May 14, 2018

1091 S Parker RdDenver, CO 80231

(303) 745-1223

Siviq Scores

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

Liabilities / Assets

85th percentile

0.52x

Higher debt load relative to assets than 85% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Liabilities / Revenue

84th percentile

0.48x

Higher debt load relative to revenue than 84% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Net Margin

27th percentile

-4.8%

Higher net margin than 27% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Top Officer Pay

49th percentile

$0

Higher top officer pay than 49% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Asset Growth

33rd percentile

-1.8%

Faster asset growth than 33% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2016 to 2017

Revenue Growth

76th percentile

27%

Faster revenue growth than 76% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2016 to 2017

Assets

Down

$684,342

Down $12,520 (-1.8%) from 2016

Net Assets

Down

$327,313

Down $32,539 (-9.0%) from 2016

Liabilities

Up

$357,029

Up $20,019 (+5.9%) from 2016

Revenue

Up

$745,340

Up $157,355 (+27%) from 2016

Expenses

Up

$781,113

Up $200,206 (+34%) from 2016

Net Income

Down

-$35,773

Down $42,851 (-605%) from 2016

Historical Trend

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0Assets 2010: $604,886Liabilities 2010: $273,600Net Assets 2010: $331,2862010Assets 2011: $680,261Liabilities 2011: $308,633Net Assets 2011: $371,6282011Assets 2013: $333,270Liabilities 2013: $117,376Net Assets 2013: $215,8942013Assets 2015: $480,804Liabilities 2015: $127,907Net Assets 2015: $352,8972015Assets 2016: $696,862Liabilities 2016: $337,010Net Assets 2016: $359,8522016Assets 2017: $684,342Liabilities 2017: $357,029Net Assets 2017: $327,3132017Assets 2018: $508,944Liabilities 2018: $223,401Net Assets 2018: $285,5432018Assets 2019: $598,221Liabilities 2019: $188,495Net Assets 2019: $409,7262019Assets 2020: $745,559Liabilities 2020: $296,160Net Assets 2020: $449,3992020Assets 2021: $953,691Liabilities 2021: $306,902Net Assets 2021: $646,7892021Assets 2022: $854,858Liabilities 2022: $260,916Net Assets 2022: $593,9422022Assets 2025: $2,281,188Liabilities 2025: $337,283Net Assets 2025: $1,943,9052025

Highlighted filing

2017

Assets$684,342
Liabilities$357,029
Net Assets$327,313

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2010: $921,8482010Expenses 2011: $975,3042011Expenses 2013: $989,8912013Revenue 2015: $611,454Expenses 2015: $441,553Net Income 2015: $169,9012015Revenue 2016: $587,985Expenses 2016: $580,907Net Income 2016: $7,0782016Revenue 2017: $745,340Expenses 2017: $781,113Net Income 2017: -$35,7732017Revenue 2018: $891,013Expenses 2018: $934,706Net Income 2018: -$43,6932018Revenue 2019: $1,068,784Expenses 2019: $946,340Net Income 2019: $122,4442019Revenue 2020: $1,006,881Expenses 2020: $964,683Net Income 2020: $42,1982020Revenue 2021: $1,029,929Expenses 2021: $847,303Net Income 2021: $182,6262021Revenue 2022: $1,444,269Expenses 2022: $1,492,338Net Income 2022: -$48,0692022Revenue 2025: $2,113,422Expenses 2025: $1,977,226Net Income 2025: $136,1962025

Highlighted filing

2017

Revenue$745,340
Expenses$781,113
Net Income-$35,773
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
May 14, 2018
Return Version
2016v3.0
Gross Receipts
$745,340
Mission and Program Overview

Mission

To renew the Christian church through the personal and corporate spiritual formation of its members.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$403,224$422,627▲ $19,403
Accounts Receivable$204,904$175,216▼ $29,688
Investments Other Securities$38,742$43,797▲ $5,055
Prepaid Expenses and Deferred Charges$38,978$36,028▼ $2,950
Inventories for Sale or Use$6,057$3,559▼ $2,498
Land, Buildings, and Equipment, Net$4,957$3,115▼ $1,842
Total Assets$696,862$684,342▼ $12,520
Liabilities
Deferred Revenue$298,217$305,716▲ $7,499
Accounts Payable and Accrued Expenses$38,793$51,313▲ $12,520
Total Liabilities$337,010$357,029▲ $20,019
Net Assets / Fund Balance
Unrestricted Net Assets$348,727$315,423▼ $33,304
Temporarily Rstr Net Assets$11,125$11,890▲ $765
Permanently Rstr Net Assets$0$0→ $0
Total Net Assets Fund Balance$359,852$327,313▼ $32,539
Total Liabilities and Net Assets / Fund Balance$696,862$684,342▼ $12,520

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$0$0$0
Other Land Buildings$0$324$0
Land$0-$0
Equipment$3,115$6,708$0
Leasehold Improvements$0$0$0
Financial Derivatives$43,797--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Jon BaileyChairman
Richella ParhamVice Chairperson
James CatfordTrustee
Linda ChristiansTrustee
Miriam DixonTrustee
Margaret CampbellSecretary/Treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$333,174
Program Service Revenue
$409,976
Investment Income
$2,190
Other Revenue
$0
All Other Contributions
$333,174
Change in Net Assets
$-35,773

Audited Revenue Reconciliation

Revenue per Audited Statements
$745,340
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$3,234
Other Revenue Adjustments
$0
Total Revenue per Audited Statements
$748,574
Total Revenue per Form 990
$745,340
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$463,933
Salaries, Compensation, and Employee Benefits$317,180
Total Fundraising Expense$51,609
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$244,988$8,619$15,806$269,413
Travel$230,928$13,243$7,685$251,856
Fees for Services Other$117,414$6,741$6,158$130,313
Other Employee Benefits$29,021$1,637$4,259$34,917
Office Expenses$9,889$5,463$384$15,736
Pension Plan Contributions$11,416$509$925$12,850
Advertising$10,189$0$136$10,325
Occupancy$0$9,062$0$9,062
Information Technology$1,142$5,957$70$7,169
All Other Expenses$1,664$2,809$1,313$5,786
Insurance$0$4,148$0$4,148
Depreciation Depletion$0$2,476$0$2,476
Other Expenses$2,304$68$0$2,372
Fees for Services Accounting$0$1,880$0$1,880
Total Functional Expenses$665,967$63,537$51,609$781,113

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$781,113
Total Expenses per Audited Statements$781,113
Total Expenses per Form 990$781,113
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Other Expense Adjustments$0
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

A draft copy of the 990 was emailed to the executive committee of board of trustees for review prior to filing.

Form 990, Part VI, Section B, Line 12C

Reviewed annually with each officer and trustee.

Form 990, Part VI, Section C, Line 19

Copy provided to requestor based on receipt of a valid written request and a nominal fee to cover handling, copying, and postage.

Filing and Contact Details

Filer

Filer Name
Renovare Inc
EIN
48-1062723
Phone
3037451223
Address
1091 S Parker Rd, Denver, CO 80231

Signing Officer

Name
Jon Bailey
Title
Chairman
Phone
2142842597
Signed
2018-05-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jon Bailey
Formed
1988
Legal Domicile
Ks
Voting Board Members
6
Independent Board Members
6
Employees
5
Volunteers
20

Preparer

Firm
Mike Quinn
Address
10191 Meadowbrair Ln, Littleton, CO 80126
Preparer
Mike Quinn
Phone
7203350068
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Total Other Services of $130,313 may be broken down as follows: Bank & merchant fees $10,144, Contract services $62,128, Honorariums/Stipends $26,235, and IT services $31,806.

Raw XML AppendixShowing 400 of 638 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/Desc0With a program lasting two years, the Renovare Institute for Christian Spiritual Formation (Renovare Institute) provides an in depth interaction with core organizational ideas. In FY 2016-17, the Dallas cohort finished the course with 38 students graduating in June 2017. The Boston cohort began the two-year formal education program with 42 students.
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IRS990/OtherExpensesGrp/Desc1Postage & Shipping
IRS990/OtherExpensesGrp/Desc2Photocopy
IRS990/OtherExpensesGrp/FundraisingAmt09514
IRS990/OtherExpensesGrp/FundraisingAmt15359
IRS990/OtherExpensesGrp/FundraisingAmt20
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0192
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1733
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt268
IRS990/OtherExpensesGrp/ProgramServicesAmt0663
IRS990/OtherExpensesGrp/ProgramServicesAmt16349
IRS990/OtherExpensesGrp/ProgramServicesAmt22304
IRS990/OtherExpensesGrp/TotalAmt010369
IRS990/OtherExpensesGrp/TotalAmt112441
IRS990/OtherExpensesGrp/TotalAmt22372
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt015806
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt08619
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0244988
IRS990/OtherSalariesAndWagesGrp/TotalAmt0269413
IRS990/PartialLiquidationInd00
IRS990/PaymentsToAffiliatesGrp/FundraisingAmt00
IRS990/PaymentsToAffiliatesGrp/ManagementAndGeneralAmt00
IRS990/PaymentsToAffiliatesGrp/ProgramServicesAmt00
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt00
IRS990/PayrollTaxesGrp/ProgramServicesAmt00
IRS990/PayrollTaxesGrp/TotalAmt00
IRS990/PensionPlanContributionsGrp/FundraisingAmt0925
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt0509
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt011416
IRS990/PensionPlanContributionsGrp/TotalAmt012850
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt00
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt038978
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt036028
IRS990/PrincipalOfficerNm0Jon Bailey
IRS990/PriorPeriodAdjustmentsAmt00
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611699
IRS990/ProgramServiceRevenueGrp/BusinessCd1611699
IRS990/ProgramServiceRevenueGrp/BusinessCd2511199
IRS990/ProgramServiceRevenueGrp/BusinessCd3511199
IRS990/ProgramServiceRevenueGrp/BusinessCd4611699
IRS990/ProgramServiceRevenueGrp/Desc0Renovare Institute Tuition
IRS990/ProgramServiceRevenueGrp/Desc1Conference/Retreat Events Fees
IRS990/ProgramServiceRevenueGrp/Desc2Sale of Publications (net)
IRS990/ProgramServiceRevenueGrp/Desc3Royalties for Publications
IRS990/ProgramServiceRevenueGrp/Desc4Spiritual Formation Education
IRS990/ProgramServiceRevenueGrp/ExclusionAmt00
IRS990/ProgramServiceRevenueGrp/ExclusionAmt10
IRS990/ProgramServiceRevenueGrp/ExclusionAmt20
IRS990/ProgramServiceRevenueGrp/ExclusionAmt30
IRS990/ProgramServiceRevenueGrp/ExclusionAmt40
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0294687
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt128771
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt26090
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt37463
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt472965
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0294687
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt128771
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt26090
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt37463
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt472965
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt10
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt20
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt30
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt40
IRS990/ProgSrvcAccomActy2Grp/Desc0Conferences and retreats are planned and facilitated to encourage people to practice a meaningful spiritual life. In FY 2016-17, three retreats were held, reaching approximately 100 people.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt029761
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt028771
IRS990/ProgSrvcAccomActy3Grp/Desc0In order to encourage people to develop a deeper, more meaningful Christian life, printed literature such as seasonal devotionals continue to be offered.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt0389
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt013553
IRS990/ProgSrvcAccomActyOtherGrp/Desc0Spiritual Formation education is a core of Renovare's ministry and has been an emphasis for FY 2016-2017. This general education occurs through various platforms: such as podcasts via the website (renovare.org), the online Renovare book club with over 1000 participants, and various speaking engagements. Renovare has also partnered with Food for the Hungry to provide Spiritual Formation education to over 200 leaders in various areas of the world.
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt0334206
IRS990/ProgSrvcAccomActyOtherGrp/RevenueAmt072965
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0358141
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt02599
IRS990/PymtTravelEntrtnmntPubOfclGrp/FundraisingAmt00
IRS990/PymtTravelEntrtnmntPubOfclGrp/ManagementAndGeneralAmt00
IRS990/PymtTravelEntrtnmntPubOfclGrp/ProgramServicesAmt00
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0339311
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt0227245
IRS990/PYRevenuesLessExpensesAmt07078
IRS990/PYSalariesCompEmpBnftPaidAmt0241596
IRS990/PYTotalExpensesAmt0580907
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0587985
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-35773
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RelatedOrganizationsAmt00
IRS990/RentalIncomeOrLossGrp/PersonalAmt00
IRS990/RentalIncomeOrLossGrp/RealAmt00
IRS990/ReportInvestmentsOtherSecInd01
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0294687
IRS990/RoyaltiesGrp/FundraisingAmt00
IRS990/RoyaltiesGrp/ManagementAndGeneralAmt00
IRS990/RoyaltiesGrp/ProgramServicesAmt00
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/ExclusionAmt00
IRS990/RoyaltiesRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/RoyaltiesRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0403224
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0422627
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearAmt010195
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus1YearAmt012348
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus2YearsAmt09847
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus3YearsAmt014850
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus4YearsAmt016450

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.28$0.34$1.94$2.11$1.98$0.14
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.85$0.26$0.59$1.44$1.49$0.05
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.95$0.31$0.65$1.03$0.85$0.18
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.75$0.30$0.45$1.01$0.96$0.04
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.60$0.19$0.41$1.07$0.95$0.12
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.51$0.22$0.29$0.89$0.93$0.04
2017Detailed filing. Detailed filing data is available for this year.$0.68$0.36$0.33$0.75$0.78$0.04
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.70$0.34$0.36$0.59$0.58$0.01
2015Detailed filing. Detailed filing data is available for this year.$0.48$0.13$0.35$0.61$0.44$0.17
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.33$0.12$0.22$0.99
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.68$0.31$0.37$0.98
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.60$0.27$0.33$0.92