Civic Intelligence

Covenant Renewal Ministries Inc

EIN 86-0791423 • 501(c)3 • Phoenix, AZ

Profile

The primary purpose for the existence of covenant renewal ministries, incorporated is to serve churches, organizations and individuals through facilitating methods of religious education and biblically oriented teaching seminars.

2812 E Blackhawk DrPhoenix, AZ 85050

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

82nd percentile

0.17x

Higher debt load relative to assets than 82% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

82nd percentile

0.09x

Higher debt load relative to revenue than 82% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Net Margin

36th percentile

-5.2%

Higher net margin than 36% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

90th percentile

$33,181

Higher top officer pay than 90% of similar nonprofits.

Top officer pay equals 32.9% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2024

Asset Growth

31st percentile

-22%

Faster asset growth than 31% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

57th percentile

3.2%

Faster revenue growth than 57% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Assets

Down

$53,000

Down $15,053 (-22%) from 2023

Liabilities

Down

$8,932

Down $9,784 (-52%) from 2023

Net Assets

Down

$44,068

Down $5,269 (-11%) from 2023

Revenue

Up

$101,005

Up $3,133 (+3.2%) from 2023

Expenses

Up

$106,274

Up $3,020 (+2.9%) from 2023

Net Income

Up

-$5,269

Up $113 (+2.1%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$100K$50K$0Assets 2010: $42,994Net Assets 2010: $42,9942010Assets 2011: $34,632Net Assets 2011: $34,6322011Assets 2012: $23,728Net Assets 2012: $23,7282012Assets 2013: $52,093Liabilities 2013: $21,323Net Assets 2013: $30,7702013Assets 2014: $53,768Liabilities 2014: $17,861Net Assets 2014: $35,9072014Assets 2015: $39,507Liabilities 2015: $13,948Net Assets 2015: $25,5592015Assets 2016: $42,518Liabilities 2016: $9,453Net Assets 2016: $33,0652016Assets 2017: $25,609Liabilities 2017: $4,059Net Assets 2017: $21,5502017Assets 2018: $34,053Liabilities 2018: $479Net Assets 2018: $33,5742018Assets 2019: $56,031Liabilities 2019: $27,702Net Assets 2019: $28,3292019Assets 2020: $66,986Liabilities 2020: $21,802Net Assets 2020: $45,1842020Assets 2021: $61,444Liabilities 2021: $10,511Net Assets 2021: $50,9332021Assets 2022: $88,024Liabilities 2022: $33,306Net Assets 2022: $54,7182022Assets 2023: $68,053Liabilities 2023: $18,716Net Assets 2023: $49,3372023Assets 2024: $53,000Liabilities 2024: $8,932Net Assets 2024: $44,0682024

Highlighted filing

2024

Assets$53,000
Liabilities$8,932
Net Assets$44,068

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$150K$100K$50K$0-$50KRevenue 2010: $100,790Expenses 2010: $91,658Net Income 2010: $9,1322010Revenue 2011: $83,030Expenses 2011: $91,392Net Income 2011: -$8,3622011Revenue 2012: $78,884Expenses 2012: $89,788Net Income 2012: -$10,9042012Revenue 2013: $76,413Expenses 2013: $69,372Net Income 2013: $7,0412013Revenue 2014: $81,500Expenses 2014: $76,363Net Income 2014: $5,1372014Revenue 2015: $81,838Expenses 2015: $92,186Net Income 2015: -$10,3482015Revenue 2016: $79,812Expenses 2016: $72,306Net Income 2016: $7,5062016Revenue 2017: $65,154Expenses 2017: $76,669Net Income 2017: -$11,5152017Revenue 2018: $97,562Expenses 2018: $85,538Net Income 2018: $12,0242018Revenue 2019: $81,512Expenses 2019: $86,758Net Income 2019: -$5,2462019Revenue 2020: $84,513Expenses 2020: $75,658Net Income 2020: $8,8552020Revenue 2021: $95,412Expenses 2021: $89,661Net Income 2021: $5,7512021Revenue 2022: $104,563Expenses 2022: $100,777Net Income 2022: $3,7862022Revenue 2023: $97,872Expenses 2023: $103,254Net Income 2023: -$5,3822023Revenue 2024: $101,005Expenses 2024: $106,274Net Income 2024: -$5,2692024

Highlighted filing

2024

Revenue$101,005
Expenses$106,274
Net Income-$5,269

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.53$0.09$0.44$1.01$1.06$0.05
2023Detailed filing. Detailed filing data is available for this year.$0.68$0.19$0.49$0.98$1.03$0.05
2022Detailed filing. Detailed filing data is available for this year.$0.88$0.33$0.55$1.05$1.01$0.04
2021Detailed filing. Detailed filing data is available for this year.$0.61$0.11$0.51$0.95$0.90$0.06
2020Detailed filing. Detailed filing data is available for this year.$0.67$0.22$0.45$0.85$0.76$0.09
2019Detailed filing. Detailed filing data is available for this year.$0.56$0.28$0.28$0.82$0.87$0.05
2018Detailed filing. Detailed filing data is available for this year.$0.34$0.00$0.34$0.98$0.86$0.12
2017Detailed filing. Detailed filing data is available for this year.$0.26$0.04$0.22$0.65$0.77$0.12
2016Detailed filing. Detailed filing data is available for this year.$0.43$0.09$0.33$0.80$0.72$0.08
2015Detailed filing. Detailed filing data is available for this year.$0.40$0.14$0.26$0.82$0.92$0.10
2014Detailed filing. Detailed filing data is available for this year.$0.54$0.18$0.36$0.82$0.76$0.05
2013Detailed filing. Detailed filing data is available for this year.$0.52$0.21$0.31$0.76$0.69$0.07
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.24$0.24$0.79$0.90$0.11
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.35$0.35$0.83$0.91$0.08
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.43$0.43$1.01$0.92$0.09
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Sep 3, 2025
Return Version
2024v5.0
Gross Receipts
$101,005
Mission and Program Overview

Mission

The primary purpose for the existence of covenant renewal ministries, incorporated is to serve churches, organizations and individuals through facilitating methods of religious education and biblically oriented teaching seminars.

Program Services

DescriptionGrantsExpenses
USA MINISTRY: PROVIDE SEMINARS FOR CHURCHES AND ORGANIZATIONS, WITH TIME SPENT COUNSELING YOUNG PEOPLE WITH DRUG ADDITIONS AND OTHER PROBLEMS. IN ADDITION, COVENANT RENEWAL WORKS CLOSELY WITH LOCAL CHURCHES AND PROVIDES LECTURES AT VARIOUS LOCATIONS. COVENANT RENEWAL MINISTRIES SPONSORED DR. RUTT TO SPEND MOST OF HIS TIME TEACHING/LECTURING AT ARIZONA CHRISTIAN UNIVERSITY. DR. RUTT CONTINUES TO SERVE AS ASSOCIATE PROFESSOR OF BIBLICAL STUDIES AT ARIZONA CHRISTIAN UNIVERSITY. HIS TEACHING RESPONSIBILITIES AT THE UNIVERSITY ENABLES HIM TO ALSO VOLUNTARILY SERVE THE DIOCESE OF MID- AMERICA (REFORMED EPISCOPAL CHURCH/ANGLICAN CHURCH OF NORTH AMERICA) BY TRAINING THEIR SEMINARY STUDENTS AS THEY PREPARE FOR PASTORAL AND MISSIONARY VOCATIONS. IN 2024, DR. RUTT TRAVLED TO VARIOUS SPEAKING ENGAGEMENTS AND LECTURE FORMATS WITHIN THE USA. IN ADDITION, DR. RUTT CONDUCTED TEACHER TRAINING FOR A SCHOOL IN NORHTERN CALIFORNIA.-$71,595
FUNERALS, WEDDING AND MARRIAGE MINISTRY: PERFORM FUNERAL SERVICES, WEDDING SERVICES, MARITAL COUNSELING AND TRAINING FOR DOMESTIC PROBLEMS.-$6,143
INTERNATIONAL MINISTRY: DR. RUTT DID NOT TRAVEL INTERNATIONALLY IN 2024, BUT HE STILL CONTINUES TO REMAIN IN CONTACT VIA THE INTERNET WITH LEADERS IN OTHER COUNTRIES, AS WELL AS PURCHASING BOOKS FOR INTERNATIONAL STUDENTS WHO STUDY WITHIN UNIVERSITIES AND SEMINARIES IN THE UNITED STATES. AGAIN, IN 2024, ONE OF DR. RUTT'S PUBLISHED BOOKS WAS USED AS A TEXTBOOK IN A UNIVERSITY AND ANOTHER PUBLISHED BOOK OF HIS IS USED BY MISSIONARIES.-$3,821
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
DR STEVEN R RUTTPres/DirectoPT$12,000$21,181$33,181
SUSANNAH T RUTTVP/DirectorPT$12,000-$12,000
BILL O'BRIENSec/Director-$0--
JEFF GORDONTreas/Direct-$0--
Filing and Contact Details

Filer

Filer Name
Covenant Renewal Ministries Inc
EIN
86-0791423
Phone
6234444535
Address
2812 E BLACKHAWK DR, PHOENIX, AZ 85050

Signing Officer

Name
Dr Steven R Rutt
Title
Pres/director
Phone
6234444535
Signed
2025-09-03
Discuss with paid preparer
Yes

Preparer

Firm
Pamela a Watkins Pllc
Address
530 EAST HUNT HWY STE 103 434, SAN TAN VALLEY, AZ 85143
Preparer
Pamela a Watkins
Phone
6233413979
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

Expenses office expense 2,074 meals 7,872 travel 4,525 travel 411 conferences/meetings 2,449 interest 401 interest 37 benevolence 6,192 benevolence 773 ministry expenses 217 ministry expenses 3,396 ministry expenses 217 vehicle expenses 12,114 vehicle expenses 1,101 non-investment depreciation 16,046 total 57,825

Form 990-ez, Part II, Line 24

102,565 102,565 less accumulated depreciation 53,164 69,210 total 49,401 33,355

Form 990-ez, Part II, Line 26

Accounts payable and accrued expenses 478 478 unsecured notes and loans payable 18,238 8,454

Form 990-ez, Part III

The primary purpose for the existence of covenant renewal ministries, incorporated is to serve churches, organizations and individuals through facilitating methods of religious education and biblically oriented teaching seminars.

Form 990-ez, Part III, Line 28

International ministry: dr. Rutt did not travel internationally in 2024, but he still continues to remain in contact via the internet with leaders in other countries, as well as purchasing books for international students who study within universities and seminaries in the united states. Again, in 2024, one of dr. Rutt's published books was used as a textbook in a university and another published book of his is used by missionaries.

Form 990-ez, Part III, Line 29

Usa ministry: provide seminars for churches and organizations, with time spent counseling young people with drug additions and other problems. In addition, covenant renewal works closely with local churches and provides lectures at various locations. Covenant renewal ministries sponsored dr. Rutt to spend most of his time teaching/lecturing at arizona christian university. Dr. Rutt continues to serve as associate professor of biblical studies at arizona christian university. His teaching responsibilities at the university enables him to also voluntarily serve the diocese of mid- america (reformed episcopal church/anglican church of north america) by training their seminary students as they prepare for pastoral and missionary vocations. In 2024, dr. Rutt travled to various speaking engagements and lecture formats within the usa. In addition, dr. Rutt conducted teacher training for a school in norhtern california.

Raw XML Appendix156 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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IRS990ScheduleA/FactsAndCircumstancesTestTxt0COVENANT RENEWAL IS STILL SUFFERING FROM THE EFFECTS OF A POOR ECONOMY AND UNKNOW CIRCUMSTANCES DUE TO A CHANGE IN FEDERAL ADMINISTRATION,CAUSING THE DONATIONS TO BE LOWER THAN ANTICIPATED. THE PUBLIC SUPPORT PERCENTAGES DID INCREASE OVER 2023 BY 13.87%. ONE INDIVIDUAL DONOR IS COMMITTED TO THE SUPPORT OF THE NON-PROFIT, DURING THESE UNSTABLE TIMES, AND AGAIN MADE A LARGE DONATION WHICH CAUSED THE TEST TO FAIL. THE BOARAD, AS WELL AS DR. RUTT, ARE WORKING TO INCREASE THE NUMBER OF DONORS BY VARIOUS SPEAKING ENGAGEMENTS AND ARE BEGINNING TO SHOW SOME SUCCESS INCREASING THE NUMBERS OVER THE PRIOR YEAR. DR. RUTT BELIEVES HE IS MAKING HEADWAY IN REACHING ADDITIONAL DONORS AND DID INCEASE THE NUMBER OF THE EXISTING COMMITTED REGULAR DONORS BY SEVEN NEW DONORS FOR 2024. DR. RUTT CONTINUES TO LOOK FORWARD TO A BETTER YEAR IN 2025.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES OFFICE EXPENSE 2,074 MEALS 7,872 TRAVEL 4,525 TRAVEL 411 CONFERENCES/MEETINGS 2,449 INTEREST 401 INTEREST 37 BENEVOLENCE 6,192 BENEVOLENCE 773 MINISTRY EXPENSES 217 MINISTRY EXPENSES 3,396 MINISTRY EXPENSES 217 VEHICLE EXPENSES 12,114 VEHICLE EXPENSES 1,101 NON-INVESTMENT DEPRECIATION 16,046 TOTAL 57,825
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1102,565 102,565 LESS ACCUMULATED DEPRECIATION 53,164 69,210 TOTAL 49,401 33,355
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ACCOUNTS PAYABLE AND ACCRUED EXPENSES 478 478 UNSECURED NOTES AND LOANS PAYABLE 18,238 8,454
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE PRIMARY PURPOSE FOR THE EXISTENCE OF COVENANT RENEWAL MINISTRIES, INCORPORATED IS TO SERVE CHURCHES, ORGANIZATIONS AND INDIVIDUALS THROUGH FACILITATING METHODS OF RELIGIOUS EDUCATION AND BIBLICALLY ORIENTED TEACHING SEMINARS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4INTERNATIONAL MINISTRY: DR. RUTT DID NOT TRAVEL INTERNATIONALLY IN 2024, BUT HE STILL CONTINUES TO REMAIN IN CONTACT VIA THE INTERNET WITH LEADERS IN OTHER COUNTRIES, AS WELL AS PURCHASING BOOKS FOR INTERNATIONAL STUDENTS WHO STUDY WITHIN UNIVERSITIES AND SEMINARIES IN THE UNITED STATES. AGAIN, IN 2024, ONE OF DR. RUTT'S PUBLISHED BOOKS WAS USED AS A TEXTBOOK IN A UNIVERSITY AND ANOTHER PUBLISHED BOOK OF HIS IS USED BY MISSIONARIES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5USA MINISTRY: PROVIDE SEMINARS FOR CHURCHES AND ORGANIZATIONS, WITH TIME SPENT COUNSELING YOUNG PEOPLE WITH DRUG ADDITIONS AND OTHER PROBLEMS. IN ADDITION, COVENANT RENEWAL WORKS CLOSELY WITH LOCAL CHURCHES AND PROVIDES LECTURES AT VARIOUS LOCATIONS. COVENANT RENEWAL MINISTRIES SPONSORED DR. RUTT TO SPEND MOST OF HIS TIME TEACHING/LECTURING AT ARIZONA CHRISTIAN UNIVERSITY. DR. RUTT CONTINUES TO SERVE AS ASSOCIATE PROFESSOR OF BIBLICAL STUDIES AT ARIZONA CHRISTIAN UNIVERSITY. HIS TEACHING RESPONSIBILITIES AT THE UNIVERSITY ENABLES HIM TO ALSO VOLUNTARILY SERVE THE DIOCESE OF MID- AMERICA (REFORMED EPISCOPAL CHURCH/ANGLICAN CHURCH OF NORTH AMERICA) BY TRAINING THEIR SEMINARY STUDENTS AS THEY PREPARE FOR PASTORAL AND MISSIONARY VOCATIONS. IN 2024, DR. RUTT TRAVLED TO VARIOUS SPEAKING ENGAGEMENTS AND LECTURE FORMATS WITHIN THE USA. IN ADDITION, DR. RUTT CONDUCTED TEACHER TRAINING FOR A SCHOOL IN NORHTERN CALIFORNIA.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART III, LINE 28
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990-EZ, PART III, LINE 29
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