Africa Renewal Ministries
The information on this page was last updated 5/30/2023. If you see errors or omissions, please email: [email protected]
Summary
Through Africa Renewal, people are finding hope. Children have access to education, medical care, leadership training and spiritual discipleship, and young adults are earning advanced degrees. Pastors are receiving theological training and are able to care for their church congregations and beyond. Families and communities as well as U.S. church partners and sponsors get to experience renewal first-hand.
Contact information
Mailing address:
Africa Renewal Ministries
16414 San Pedro Ave
Ste 955
San Antonio, TX 78232
Website: africarenewal.org
Phone: 210-979-7441
Email: [email protected]
Organization details
EIN: 432004779
CEO/President: Jay Mathis
Chairman: Brian Park (US)/Barbara Tusubira Mukasa (Uganda)
Board size: 8
Founder: Pastor Peter Kasirivu
Ruling year: 2003
Tax deductible: Yes
Fiscal year end: 12/31
Member of ECFA: Yes
Member of ECFA since: 2009
Purpose
Embracing Children: The children in Uganda today will be our next generation of leaders, and they also make up some of the most vulnerable members of our communities.
Equipping Leaders: At Africa Renewal, we strengthen Christian leaders through discipleship and training programs and Africa Renewal University so they can bring hope to their communities.
Empowering Communities: Africa Renewal has chosen to work through local affiliated churches, reaching various communities across Uganda with aid, church planting, and health clinics.
Mission statement
We exist to renew Africa through the gospel of Jesus Christ and the local church by embracing children, equipping leaders, and empowering communities.
Statement of faith
Donor confidence score
Show donor confidence score detailsTransparency grade
A
To understand our transparency grade, click here.
Financial efficiency ratings
Sector: Foreign Missions
Category | Rating | Overall rank | Sector rank |
Overall efficiency rating | 279 of 1107 | 27 of 124 | |
Fund acquisition rating | 486 of 1108 | 59 of 124 | |
Resource allocation rating | 232 of 1108 | 21 of 124 | |
Asset utilization rating | 494 of 1107 | 50 of 124 |
Financial ratios
Funding ratios | Sector median | 2023 | 2022 | 2021 | 2020 | 2019 |
Return on fundraising efforts Return on fundraising efforts = Fundraising expense / Total contributions | 5% | 5% | 3% | 3% | 3% | 4% |
Fundraising cost ratio Fundraising cost ratio = Fundraising expense / Total revenue | 5% | 5% | 3% | 3% | 3% | 4% |
Contributions reliance Contributions reliance = Total contributions / Total revenue | 98% | 95% | 100% | 100% | 100% | 100% |
Fundraising expense ratio Fundraising expense ratio = Fundraising expense / Total expenses | 5% | 5% | 4% | 3% | 4% | 4% |
Other revenue reliance Other revenue reliance = Total other revenue / Total revenue | 2% | 5% | 0% | 0% | 0% | 0% |
Operating ratios | Sector median | 2023 | 2022 | 2021 | 2020 | 2019 |
Program expense ratio Program expense ratio = Program services / Total expenses | 84% | 92% | 92% | 94% | 92% | 93% |
Spending ratio Spending ratio = Total expenses / Total revenue | 99% | 93% | 69% | 101% | 95% | 102% |
Program output ratio Program output ratio = Program services / Total revenue | 85% | 86% | 63% | 94% | 88% | 94% |
Savings ratio Savings ratio = Surplus (deficit) / Total revenue | 1% | 7% | 31% | -1% | 5% | -2% |
Reserve accumulation rate Reserve accumulation rate = Surplus (deficit) / Net assets | 3% | 14% | 78% | -4% | 33% | -16% |
General and admin ratio General and admin ratio = Management and general expense / Total expenses | 9% | 3% | 4% | 4% | 4% | 3% |
Investing ratios | Sector median | 2023 | 2022 | 2021 | 2020 | 2019 |
Total asset turnover Total asset turnover = Total expenses / Total assets | 1.37 | 1.71 | 1.36 | 3.70 | 4.45 | 4.67 |
Degree of long-term investment Degree of long-term investment = Total assets / Total current assets | 1.30 | 1.05 | 1.08 | 1.01 | 1.00 | 1.00 |
Current asset turnover Current asset turnover = Total expenses / Total current assets | 2.36 | 1.81 | 1.46 | 3.73 | 4.46 | 4.67 |
Liquidity ratios | Sector median | 2023 | 2022 | 2021 | 2020 | 2019 |
Current ratio Current ratio = Total current assets / Total current liabilities | 18.34 | 9.49 | 6.76 | 1.85 | 3.29 | 1.97 |
Current liabilities ratio Current liabilities ratio = Total current liabilities / Total current assets | 0.05 | 0.11 | 0.15 | 0.54 | 0.30 | 0.51 |
Liquid reserve level Liquid reserve level = (Total current assets - Total current liabilities) / (Total expenses / 12) | 4.79 | 5.95 | 7.00 | 1.47 | 1.87 | 1.27 |
Solvency ratios | Sector median | 2023 | 2022 | 2021 | 2020 | 2019 |
Liabilities ratio Liabilities ratio = Total liabilities / Total assets | 7% | 15% | 21% | 54% | 30% | 51% |
Debt ratio Debt ratio = Debt / Total assets | 0% | 0% | 0% | 0% | 0% | 0% |
Reserve coverage ratio Reserve coverage ratio = Net assets / Total expenses | 62% | 50% | 59% | 13% | 16% | 11% |
Financials
Balance sheet | |||||
Assets | 2023 | 2022 | 2021 | 2020 | 2019 |
Cash | $958,794 | $2,923,504 | $1,181,213 | $825,455 | $790,738 |
Receivables, inventories, prepaids | $4,524 | $330 | $5,121 | $0 | $0 |
Short-term investments | $2,343,557 | $7,928 | $10,046 | $9,814 | $0 |
Other current assets | $0 | $0 | $0 | $0 | $0 |
Total current assets | $3,306,875 | $2,931,762 | $1,196,380 | $835,269 | $790,738 |
Long-term investments | $0 | $0 | $0 | $0 | $0 |
Fixed assets | $15,146 | $18,699 | $9,953 | $2,086 | $0 |
Other long-term assets | $162,790 | $206,884 | $0 | $0 | $153 |
Total long-term assets | $177,936 | $225,583 | $9,953 | $2,086 | $153 |
Total assets | $3,484,811 | $3,157,345 | $1,206,333 | $837,355 | $790,891 |
Liabilities | 2023 | 2022 | 2021 | 2020 | 2019 |
Payables and accrued expenses | $348,527 | $433,427 | $647,351 | $254,198 | $400,911 |
Other current liabilities | $0 | $0 | $0 | $0 | $0 |
Total current liabilities | $348,527 | $433,427 | $647,351 | $254,198 | $400,911 |
Debt | $0 | $0 | $0 | $0 | $0 |
Due to (from) affiliates | $0 | $0 | $0 | $0 | $0 |
Other long-term liabilities | $169,529 | $215,353 | $0 | $0 | $0 |
Total long-term liabilities | $169,529 | $215,353 | $0 | $0 | $0 |
Total liabilities | $518,056 | $648,780 | $647,351 | $254,198 | $400,911 |
Net assets | 2023 | 2022 | 2021 | 2020 | 2019 |
Without donor restrictions | $2,966,755 | $2,508,565 | $558,982 | $583,157 | $389,980 |
With donor restrictions | $0 | $0 | $0 | $0 | $0 |
Net assets | $2,966,755 | $2,508,565 | $558,982 | $583,157 | $389,980 |
Revenues and expenses | |||||
Revenue | 2023 | 2022 | 2021 | 2020 | 2019 |
Total contributions | $6,068,231 | $6,221,018 | $4,432,699 | $3,913,575 | $3,625,994 |
Program service revenue | $0 | $0 | $0 | $0 | $0 |
Membership dues | $0 | $0 | $0 | $0 | $0 |
Investment income | $56,654 | $191 | $325 | $964 | $1,194 |
Other revenue | $270,013 | $10,540 | $9,962 | $1,676 | $810 |
Total other revenue | $326,667 | $10,731 | $10,287 | $2,640 | $2,004 |
Total revenue | $6,394,898 | $6,231,749 | $4,442,986 | $3,916,215 | $3,627,998 |
Expenses | 2023 | 2022 | 2021 | 2020 | 2019 |
Program services | $5,478,969 | $3,949,800 | $4,178,129 | $3,433,940 | $3,424,679 |
Management and general | $186,707 | $166,127 | $170,130 | $156,731 | $126,057 |
Fundraising | $305,317 | $166,239 | $118,902 | $132,367 | $141,299 |
Total expenses | $5,970,993 | $4,282,166 | $4,467,161 | $3,723,038 | $3,692,035 |
Change in net assets | 2023 | 2022 | 2021 | 2020 | 2019 |
Surplus (deficit) | $423,905 | $1,949,583 | ($24,175) | $193,177 | ($64,037) |
Other changes in net assets | $0 | $0 | $0 | $0 | $0 |
Total change in net assets | $423,905 | $1,949,583 | ($24,175) | $193,177 | ($64,037) |
Compensation
Name | Title | Compensation |
Ben Hanna | President | $101,416 |
Erica Sustayta | CFO | $31,331 |
Compensation data as of: 12/31/2023
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 5/30/2023. To update the information below, please email: [email protected]
History
In 1990, our founder Pastor Peter Kasirivu started Africa Renewal through Gaba Community Church in response to the overwhelming needs he saw in his community. Pastor Peter found that many people in Gaba didn't have access to basic necessities, including healthcare and education. Furthermore, they had never heard the gospel of Jesus Christ.
Through his experience and first-hand knowledge of Gaba, he started a ministry that provided real solutions to the lost, vulnerable, hurting, and sick in his community.
Under Pastor Peter's leadership, Africa Renewal has grown to seven affiliated ministries that impact more than 30 communities across Uganda. Together, through the combined efforts of the team and countless volunteers, donors, and sponsors, Africa Renewal has planted more than 650 churches, trained over 2,700 leaders, and sponsored 15,000-plus children.
Through Africa Renewal, people are finding hope. Children have access to education, medical care, leadership training and spiritual discipleship, and young adults are earning advanced degrees. Pastors are receiving theological training and are able to care for their church congregations and beyond. Families and communities as well as U.S. church partners and sponsors get to experience renewal first-hand.
Program accomplishments
Since our inception in 1990, Africa Renewal has planted more than 700 churches, trained over 2,700 leaders, and sponsored 15,000-plus children through the combined efforts of our team and countless volunteers, donors, and sponsors just like you.