Renewanation 
The information on this page was last updated 5/26/2023. If you see errors or omissions, please email: [email protected]
Summary
Transforming culture by giving millions of children a biblical worldview.
Children form concepts of truth based primarily on the influence of friends, family, media, and from what they are taught at school.
A child who develops a biblical worldview as a result of Renewanation's impact will be:
a committed follower of Jesus Christ with a strong biblical worldview
a responsible citizen who appreciates America's Christian heritage and works to strengthen that influence on government and in every sphere of culture
a person of principle and character that adds value to those around them
able to confidently and lovingly defend and share their Christian faith
able to continue their education if they choose to do so and become a productive citizen that improves society through God's calling on their life
Contact information
Mailing address:
Renewanation
PO Box 12366
Roanoke, VA 24025
Website: renewanation.org
Phone: 540-890-8900
Email: [email protected]
Organization details
EIN: 263901081
CEO/President: Jeff Keaton
Chairman: Jeff Keaton
Board size: 6
Founder: Jeff Keaton
Ruling year: 2009
Tax deductible: Yes
Fiscal year end: 12/31
Member of ECFA: Yes
Member of ECFA since: 2016
Purpose
Our Vision: To transform our culture by giving millions of children a biblical worldview
Our Next Step: To see 1 million children developing a biblical worldview by the end of 2029
Mission statement
Our Mission: To inspire and equip the family, church, and school to give children a biblical worldview
Statement of faith
RenewaNation embraces the following statements concerning biblical truth. The Bible is our rule for faith and practice. This Statement of Faith is intended simply as a basis of fellowship among us (i.e., that we all speak the same thing; I Corinthians 1:10; Acts 2:42). No claim is made that it contains all biblical truth; only that it covers our need as to these fundamental doctrines governing our relationships and practice. We do not presume to say the wording employed in this Statement of Faith is inspired or that it is the final work on Bible truth. However, we are persuaded it is proper and consistent with the Holy Scriptures to "set forth in order a declaration of those things which are most surely believed among us."(Luke 1:1).
The following statement is the basic spiritual foundation for RENEWANATION.
- We believe the Bible to be the inspired, the only infallible, authoritative Word of God.
- We believe that there is one God, eternally existent in three persons: Father, Son, and Holy Spirit.
- We believe in the divinity of our Lord Jesus Christ, in His virgin birth, in His sinless life, in His miracles, in His atoning death through His shed blood, in His bodily resurrection, in His ascension to the right hand of the Father, and in His personal return in power and glory.
- We believe that regeneration by the Holy Spirit is absolutely essential for the salvation of lost and sinful man.
- We believe that all humanity is born under the curse of sin and can only be saved by grace through faith in Jesus Christ.
- We believe in the present ministry of the Holy Spirit by whose indwelling the Christian is enabled to live a godly life.
- We believe in the resurrection of both the saved and the unsaved: the saved unto the resurrection of life and the unsaved unto the resurrection of damnation.
- We believe in the spiritual unity of believers in our Lord Jesus Christ.
- We believe in the Genesis account of Creation.
- We believe marriage was instituted by God as a lifelong union between one man and
one woman.
Donor confidence score
Transparency grade
A
To understand our transparency grade, click here.
Financial efficiency ratings
Sector: Christian Growth
| Category | Rating | Overall rank | Sector rank |
| Overall efficiency rating | | 317 of 1104 | 14 of 60 |
| Fund acquisition rating | | 154 of 1105 | 8 of 60 |
| Resource allocation rating | | 380 of 1105 | 11 of 60 |
| Asset utilization rating | | 726 of 1104 | 40 of 60 |
Financial ratios
| Funding ratios | Sector median | 2022 | 2021 | 2020 | 2019 | 2018 |
Return on fundraising efforts Return on fundraising efforts = Fundraising expense / Total contributions | 7% | 2% | 2% | 3% | 2% | 1% |
Fundraising cost ratio Fundraising cost ratio = Fundraising expense / Total revenue | 5% | 1% | 2% | 3% | 2% | 1% |
Contributions reliance Contributions reliance = Total contributions / Total revenue | 81% | 79% | 83% | 96% | 94% | 95% |
Fundraising expense ratio Fundraising expense ratio = Fundraising expense / Total expenses | 5% | 1% | 2% | 3% | 2% | 2% |
Other revenue reliance Other revenue reliance = Total other revenue / Total revenue | 19% | 21% | 17% | 4% | 6% | 5% |
| Operating ratios | Sector median | 2022 | 2021 | 2020 | 2019 | 2018 |
Program expense ratio Program expense ratio = Program services / Total expenses | 82% | 86% | 86% | 91% | 85% | 80% |
Spending ratio Spending ratio = Total expenses / Total revenue | 96% | 105% | 89% | 105% | 74% | 90% |
Program output ratio Program output ratio = Program services / Total revenue | 78% | 90% | 77% | 95% | 63% | 73% |
Savings ratio Savings ratio = Surplus (deficit) / Total revenue | 4% | -5% | 11% | -5% | 26% | 10% |
Reserve accumulation rate Reserve accumulation rate = Surplus (deficit) / Net assets | 7% | -4% | 8% | -3% | 16% | 5% |
General and admin ratio General and admin ratio = Management and general expense / Total expenses | 12% | 13% | 12% | 6% | 13% | 18% |
| Investing ratios | Sector median | 2022 | 2021 | 2020 | 2019 | 2018 |
Total asset turnover Total asset turnover = Total expenses / Total assets | 1.02 | 0.76 | 0.60 | 0.69 | 0.44 | 0.48 |
Degree of long-term investment Degree of long-term investment = Total assets / Total current assets | 1.40 | 1.86 | 1.86 | 2.29 | 2.21 | 2.98 |
Current asset turnover Current asset turnover = Total expenses / Total current assets | 1.44 | 1.41 | 1.11 | 1.59 | 0.98 | 1.42 |
| Liquidity ratios | Sector median | 2022 | 2021 | 2020 | 2019 | 2018 |
Current ratio Current ratio = Total current assets / Total current liabilities | 8.90 | 146.34 | 193.52 | 113.02 | 118.23 | 147.51 |
Current liabilities ratio Current liabilities ratio = Total current liabilities / Total current assets | 0.11 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 |
Liquid reserve level Liquid reserve level = (Total current assets - Total current liabilities) / (Total expenses / 12) | 7.11 | 8.44 | 10.77 | 7.50 | 12.19 | 8.38 |
| Solvency ratios | Sector median | 2022 | 2021 | 2020 | 2019 | 2018 |
Liabilities ratio Liabilities ratio = Total liabilities / Total assets | 12% | 3% | 3% | 3% | 3% | 4% |
Debt ratio Debt ratio = Debt / Total assets | 0% | 2% | 2% | 3% | 3% | 3% |
Reserve coverage ratio Reserve coverage ratio = Net assets / Total expenses | 82% | 128% | 163% | 140% | 219% | 202% |
Financials
| Balance sheet | |||||
| Assets | 2022 | 2021 | 2020 | 2019 | 2018 |
| Cash | $2,925,448 | $3,022,504 | $2,350,721 | $2,506,591 | $1,571,990 |
| Receivables, inventories, prepaids | $0 | $0 | $898 | $3,096 | $1,594 |
| Short-term investments | $80,974 | $99,195 | $0 | $0 | $0 |
| Other current assets | $0 | $0 | $0 | $0 | $0 |
| Total current assets | $3,006,422 | $3,121,699 | $2,351,619 | $2,509,687 | $1,573,584 |
| Long-term investments | $0 | $0 | $0 | $0 | $0 |
| Fixed assets | $2,577,838 | $2,677,259 | $3,031,543 | $3,040,836 | $3,111,282 |
| Other long-term assets | $2,760 | $3,076 | $3,392 | $3,708 | $4,024 |
| Total long-term assets | $2,580,598 | $2,680,335 | $3,034,935 | $3,044,544 | $3,115,306 |
| Total assets | $5,587,020 | $5,802,034 | $5,386,554 | $5,554,231 | $4,688,890 |
| Liabilities | 2022 | 2021 | 2020 | 2019 | 2018 |
| Payables and accrued expenses | $20,544 | $16,131 | $20,808 | $21,228 | $10,668 |
| Other current liabilities | $0 | $0 | $0 | $0 | $0 |
| Total current liabilities | $20,544 | $16,131 | $20,808 | $21,228 | $10,668 |
| Debt | $134,480 | $142,554 | $150,558 | $156,907 | $162,993 |
| Due to (from) affiliates | $0 | $0 | $0 | $0 | $0 |
| Other long-term liabilities | $0 | $0 | $0 | $0 | $0 |
| Total long-term liabilities | $134,480 | $142,554 | $150,558 | $156,907 | $162,993 |
| Total liabilities | $155,024 | $158,685 | $171,366 | $178,135 | $173,661 |
| Net assets | 2022 | 2021 | 2020 | 2019 | 2018 |
| Without donor restrictions | $2,471,730 | $2,719,428 | $2,390,542 | $2,712,438 | $2,616,362 |
| With donor restrictions | $2,960,266 | $2,923,921 | $2,824,646 | $2,663,658 | $1,898,867 |
| Net assets | $5,431,996 | $5,643,349 | $5,215,188 | $5,376,096 | $4,515,229 |
| Revenues and expenses | |||||
| Revenue | 2022 | 2021 | 2020 | 2019 | 2018 |
| Total contributions | $3,203,172 | $3,221,686 | $3,419,698 | $3,111,833 | $2,349,352 |
| Program service revenue | $621,891 | $548,262 | $106,715 | $39,052 | $34,933 |
| Membership dues | $0 | $0 | $0 | $0 | $0 |
| Investment income | $5,359 | $72,295 | $12,598 | $15,584 | $3,210 |
| Other revenue | $219,080 | $42,896 | $31,623 | $143,984 | $92,095 |
| Total other revenue | $846,330 | $663,453 | $150,936 | $198,620 | $130,238 |
| Total revenue | $4,049,502 | $3,885,139 | $3,570,634 | $3,310,453 | $2,479,590 |
| Expenses | 2022 | 2021 | 2020 | 2019 | 2018 |
| Program services | $3,655,802 | $2,981,469 | $3,398,692 | $2,077,545 | $1,798,882 |
| Management and general | $536,589 | $404,648 | $226,965 | $311,957 | $405,926 |
| Fundraising | $55,148 | $72,685 | $105,885 | $60,084 | $33,651 |
| Total expenses | $4,247,539 | $3,458,802 | $3,731,542 | $2,449,586 | $2,238,459 |
| Change in net assets | 2022 | 2021 | 2020 | 2019 | 2018 |
| Surplus (deficit) | ($198,037) | $426,337 | ($160,908) | $860,867 | $241,131 |
| Other changes in net assets | $0 | $0 | $0 | $0 | $0 |
| Total change in net assets | ($198,037) | $426,337 | ($160,908) | $860,867 | $241,131 |
Compensation
| Name | Title | Compensation |
| Jeffery Keaton | Chairman, CEO & President | $122,544 |
| Ronald Gordon | COO | $113,543 |
| Josh Mulvihill | Executive Director | $108,000 |
Compensation data as of: 12/31/2022
Response from ministry
No response has been provided by this ministry.
The information below was provided to MinistryWatch by the ministry itself. It was last updated 5/26/2023. To update the information below, please email: [email protected]