Christian Renewal Ministries, Inc. 
The information on this page was last updated 5/24/2022. If you see errors or omissions, please email: [email protected]
Summary
Renewal Mission is a ministry organization that spreads the gospel of Christ and helps believers grow. It was produced during a retreat held by a Chinese believer in the Midwest of the United States during the Thanksgiving weekend of 1971. At that time, everyone felt that there were very few spiritual books in Chinese, and what good books were there in the English publishing industry? Therefore, I am willing to make a concerted effort to translate some spiritual books into Chinese, so I named this organization "China Christian Translation Center". Since January 1986, the name was changed to "Renewal Missionary Society" due to the addition of co-workers and in order to cooperate with various aspects of service.
Contact information
Mailing address:
Christian Renewal Ministries, Inc.
200 North Main St.
Milltown, NJ 08850-1418
Website: www.crmnj.org
Phone: (732) 828-4545
Email: [email protected]
Organization details
EIN: 591724840
CEO/President: Ting W Lee
Chairman: Mr. Paul L. Chang
Board size: 8
Founder: Pastor Li Dingwu
Ruling year: 1979
Tax deductible: Yes
Fiscal year end: 12/31
Member of ECFA: No
Member of ECFA since:
Purpose
Our vision is to use various channels and media so that our ministry can help Chinese believers grow in the Lord, renew their spiritual life, and then help the church renew.
There are four divisions in the Renewal Missionary Society's work. The first department is the writing work, including: making commentary Bibles such as the New International Chinese Version Study Bible, the Seeking Bible, etc.; issuing the "Renewal Monthly" which is given 10 times a year; Spiritual books; making disciple training materials, adult Sunday school materials and Bible study materials, etc.
The second department is evangelism and service, including: pulpit supply, discipleship training (discipleship training to provide "Saints Equipment" and cultivation training for "Abundant Life", etc.), reading management and updating pulpit tapes, etc.
The third department is mission work. Since 1993, it has been engaged in mission work in northern Myanmar and Outer Mongolia, and now it has expanded to Thailand and other pioneering areas. Our mission strategy starts with evangelism, and the ultimate goal is to help these saved people. Through updated teaching materials and personal training, their spiritual life will grow, and at the same time, they will lead to the spiritual revival of our church and establish a missionary entrustment. church. With more than 20 years of experience in success and failure, we have served from ethnic minorities in remote areas to intellectuals in metropolitan cities, and served ethnic groups all over Thailand, Myanmar and Chuangqi regions.
The fourth department is the Renewal Institute. Since June 2000, Renewal has officially cooperated with Columbia International University Theological Institute (CIU) in South Carolina, USA, to equip the believers who are seeking, provide physical and long-distance theological courses to help students Learn and serve the Lord more effectively. So far, nearly 1,000 people have attended the courses of the Renewal Academy, and at least 20 students have entered CIU afterwards, completed their theological degrees, and are currently serving the Lord in different positions.
Renewal Mission is headquartered in the United States, with branches in Taiwan and Singapore. There are more than 30 renewing co-workers around the world, including co-workers in local branches and mission workshops.
Mission statement
By preaching and analyzing God's words, let God's children understand the meaning of life and God's will for them, so as to renew and reform their lives.
Our motto is "Renewal of believers, renewal of the church".
Statement of faith
1. We believe that the entire Bible is a complete and unerring revelation of God and the highest authority in our faith and life.
2. We believe in the one true God of the Trinity of the Father, the Son, and the Holy Spirit. The Father, Son, and Holy Spirit have the same honor and glory.
3. Man is created by God. Everyone who fell into a sinner in Adam needs God's salvation. Repentant sinners rely on God's grace to be reborn, and are justified by faith in Jesus Christ, and receive the promised eternal life.
4. Jesus Christ is a perfect God and a perfect man, born of the virgin Mary conceived by the Holy Spirit. He died on the cross, shed blood for atonement, rose from the dead on the third day, ascended to heaven, in God the Father Intercession for all the saints on the right.
5. The Holy Spirit is the third person of the Triune God. The work of the Holy Spirit is to convict and regenerate people, lead us into various truths, and empower people to live a holy life and bear witness to the Lord.
6. The repentant believer who turns to God has a new life separated from sin. He wants to bear the fruit of the Holy Spirit, live out the glory of Christ, and preach the Lord's gospel.
7. Jesus will personally return according to His promise to judge the living and the dead.
Donor confidence score
Transparency grade
D
To understand our transparency grade, click here.
Financial efficiency ratings
Sector: Educational Media
| Category | Rating | Overall rank | Sector rank |
| Overall efficiency rating | | 718 of 1033 | 34 of 53 |
| Fund acquisition rating | | 212 of 1035 | 13 of 53 |
| Resource allocation rating | | 888 of 1035 | 47 of 53 |
| Asset utilization rating | | 782 of 1033 | 33 of 53 |
Financial ratios
| Funding ratios | Sector median | 2019 | 2018 | 2017 | 2016 | 2015 |
Return on fundraising efforts Return on fundraising efforts = Fundraising expense / Total contributions | 8% | 2% | 2% | 2% | 2% | 2% |
Fundraising cost ratio Fundraising cost ratio = Fundraising expense / Total revenue | 6% | 1% | 2% | 1% | 2% | 2% |
Contributions reliance Contributions reliance = Total contributions / Total revenue | 94% | 65% | 86% | 74% | 85% | 79% |
Fundraising expense ratio Fundraising expense ratio = Fundraising expense / Total expenses | 7% | 1% | 2% | 2% | 2% | 2% |
Other revenue reliance Other revenue reliance = Total other revenue / Total revenue | 6% | 35% | 14% | 26% | 15% | 21% |
| Operating ratios | Sector median | 2019 | 2018 | 2017 | 2016 | 2015 |
Program expense ratio Program expense ratio = Program services / Total expenses | 80% | 68% | 75% | 70% | 77% | 82% |
Spending ratio Spending ratio = Total expenses / Total revenue | 95% | 80% | 94% | 89% | 94% | 94% |
Program output ratio Program output ratio = Program services / Total revenue | 74% | 55% | 71% | 63% | 72% | 77% |
Savings ratio Savings ratio = Surplus (deficit) / Total revenue | 5% | 20% | 6% | 11% | 6% | 6% |
Reserve accumulation rate Reserve accumulation rate = Surplus (deficit) / Net assets | 10% | 10% | 2% | 5% | 3% | 2% |
General and admin ratio General and admin ratio = Management and general expense / Total expenses | 11% | 31% | 23% | 28% | 21% | 17% |
| Investing ratios | Sector median | 2019 | 2018 | 2017 | 2016 | 2015 |
Total asset turnover Total asset turnover = Total expenses / Total assets | 0.82 | 0.40 | 0.34 | 0.40 | 0.39 | 0.39 |
Degree of long-term investment Degree of long-term investment = Total assets / Total current assets | 1.35 | 1.04 | 1.06 | 1.06 | 1.06 | 1.07 |
Current asset turnover Current asset turnover = Total expenses / Total current assets | 1.77 | 0.41 | 0.36 | 0.43 | 0.42 | 0.42 |
| Liquidity ratios | Sector median | 2019 | 2018 | 2017 | 2016 | 2015 |
Current ratio Current ratio = Total current assets / Total current liabilities | 10.59 | 28.74 | 26.12 | 36.71 | 44.84 | 148.77 |
Current liabilities ratio Current liabilities ratio = Total current liabilities / Total current assets | 0.09 | 0.03 | 0.04 | 0.03 | 0.02 | 0.01 |
Liquid reserve level Liquid reserve level = (Total current assets - Total current liabilities) / (Total expenses / 12) | 5.69 | 28.09 | 31.71 | 27.40 | 28.22 | 28.63 |
| Solvency ratios | Sector median | 2019 | 2018 | 2017 | 2016 | 2015 |
Liabilities ratio Liabilities ratio = Total liabilities / Total assets | 11% | 3% | 4% | 3% | 2% | 1% |
Debt ratio Debt ratio = Debt / Total assets | 0% | 0% | 0% | 0% | 0% | 0% |
Reserve coverage ratio Reserve coverage ratio = Net assets / Total expenses | 88% | 244% | 281% | 243% | 250% | 255% |
Financials
| Balance sheet | |||||
| Assets | 2019 | 2018 | 2017 | 2016 | 2015 |
| Cash | $556,742 | $467,729 | $409,109 | $333,378 | $278,090 |
| Receivables, inventories, prepaids | $493,641 | $508,956 | $525,659 | $528,521 | $547,484 |
| Short-term investments | $864,595 | $635,145 | $749,010 | $607,677 | $608,232 |
| Other current assets | $0 | $0 | $0 | $0 | $0 |
| Total current assets | $1,914,978 | $1,611,830 | $1,683,778 | $1,469,576 | $1,433,806 |
| Long-term investments | $0 | $0 | $0 | $0 | $0 |
| Fixed assets | $76,932 | $81,243 | $85,554 | $90,065 | $94,577 |
| Other long-term assets | $0 | $17,200 | $19,456 | $2,850 | $3,695 |
| Total long-term assets | $76,932 | $98,443 | $105,010 | $92,915 | $98,272 |
| Total assets | $1,991,910 | $1,710,273 | $1,788,788 | $1,562,491 | $1,532,078 |
| Liabilities | 2019 | 2018 | 2017 | 2016 | 2015 |
| Payables and accrued expenses | $66,630 | $61,720 | $45,873 | $32,774 | $9,638 |
| Other current liabilities | $0 | $0 | $0 | $0 | $0 |
| Total current liabilities | $66,630 | $61,720 | $45,873 | $32,774 | $9,638 |
| Debt | $0 | $0 | $0 | $0 | $0 |
| Due to (from) affiliates | $0 | $0 | $0 | $0 | $0 |
| Other long-term liabilities | $0 | $0 | $0 | $0 | $0 |
| Total long-term liabilities | $0 | $0 | $0 | $0 | $0 |
| Total liabilities | $66,630 | $61,720 | $45,873 | $32,774 | $9,638 |
| Net assets | 2019 | 2018 | 2017 | 2016 | 2015 |
| Without donor restrictions | $1,925,280 | $1,648,553 | $1,742,915 | $1,529,717 | $1,522,440 |
| With donor restrictions | $0 | $0 | $0 | $0 | $0 |
| Net assets | $1,925,280 | $1,648,553 | $1,742,915 | $1,529,717 | $1,522,440 |
| Revenues and expenses | |||||
| Revenue | 2019 | 2018 | 2017 | 2016 | 2015 |
| Total contributions | $641,214 | $538,325 | $598,969 | $554,190 | $499,408 |
| Program service revenue | $268,143 | $19,275 | $130,989 | $20,757 | $24,164 |
| Membership dues | $0 | $0 | $0 | $0 | $0 |
| Investment income | $13,337 | $10,836 | $24,271 | $22,782 | $31,823 |
| Other revenue | $60,553 | $54,710 | $50,210 | $53,821 | $77,702 |
| Total other revenue | $342,033 | $84,821 | $205,470 | $97,360 | $133,689 |
| Total revenue | $983,247 | $623,146 | $804,439 | $651,550 | $633,097 |
| Expenses | 2019 | 2018 | 2017 | 2016 | 2015 |
| Program services | $536,893 | $440,269 | $503,441 | $469,620 | $487,739 |
| Management and general | $241,837 | $135,365 | $202,505 | $129,982 | $99,239 |
| Fundraising | $10,830 | $10,909 | $11,264 | $11,371 | $10,045 |
| Total expenses | $789,560 | $586,543 | $717,210 | $610,973 | $597,023 |
| Change in net assets | 2019 | 2018 | 2017 | 2016 | 2015 |
| Surplus (deficit) | $193,687 | $36,603 | $87,229 | $40,577 | $36,074 |
| Other changes in net assets | $0 | $0 | $0 | $0 | $0 |
| Total change in net assets | $193,687 | $36,603 | $87,229 | $40,577 | $36,074 |
Compensation
| Name | Title | Compensation |
| Ting W Lee | Executive Director | $58,000 |
Compensation data as of: 12/31/2019
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 5/24/2022. To update the information below, please email: [email protected]
History
CRM started out in 1971 as the Christian Chinese Translation Center with main emphasis in translating Christian literature into Chinese. Over the years, services were expanded into other areas. To reflect this broadening scope of ministry, the present name was adopted in January 1986.
In December 1987, an independent CRM Board was established in Taiwan to promote CRM ministries on that populous island. And in January 1988, a CRM branch office opened in Hong Kong. During 1992 a CRM branch was opened in Singapore, in 1996 a branch opened in Malaysia.
Visit: crmnj.org/history/
Program accomplishments
CRM's accomplishments and programs include some of the following:
Literature Ministries:
CRM continues to publish Chinese translation of Christian books on a variety of topics including: Christian growth, apologetics, evangelism, theology, and Hermeneutics. In addition, CRM publishes Adult Sunday School Materials, Bible Study Guides, Gospel Pamphlets, Study Bibles, etc.. A major work, the New Testament portion of the New International Version (NIV) Study Bible began its first printing in 1991. The complete NIV Study Bible had its first publishing in November of 1996. Since 1978, the Renewal Journal, a monthly publication, has been sent to Chinese Christians around the world upon request. The purpose of the Journal is to encourage and motivate readers to follow and serve the Lord as well as providing information about CRM ministries. Its monthly circulation in North America exceeds 9,000.
Pulpit Ministry:
Ministry to churches, Bible study groups, retreats, fellowship groups, etc.
Discipleship Training (DT) and seminars:
Using "Equipping the Saints", material published by CRM, DT uses the principle of spiritual multiplication in training disciples to bear fruit for God and thus accomplish the Great Commission of Christ. Seminars on various topics are also conducted to assist church leaders in their personal growth as well as equipping others for Christian service.