XReligion-RelatedEIN: 201973879· Ruling Year: 2006

Professional Renewal Initiative

Davidson, North Carolina

B-Health Score
48B-

Financial Health Score

8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.

Average

💰
$59K
Total Revenue
📊
$70K
Total Expenses
🏦
$5K
Net Assets
📋
$68
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+1.7%
Year-over-year change (2022 → 2023)
Net Margin
-20.0%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.07
Net assets divided by total expenses
Liabilities-to-Assets
1.4%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$58,7502%$70,47555%$4,80671%
2022$57,775270%$45,572161%$16,532282%
2021$15,6251036%$17,4341001%$4,3292171%
2020$1,37565%$1,58476%-$209102%
2019$3,97564%$6,71535%$9,087
2018$11,175140%$10,383171%$9,08710%
2017$4,65025%$3,83057%$8,295407%
2016$6,200$8,90074%-$2,700346%
2015$6,20014%$5,104116%$1,09678%
2014$7,25014%$2,3594%$4,89117%
2013$6,3509%$2,46978%$4,1881264%
2012$5,80079%$11,18552%$30795%
2011$28,275$23,374$5,693

Frequently Asked Questions

What does Professional Renewal Initiative do?

Professional Renewal Initiative is a religion-related nonprofit organization based in North Carolina. It is classified under NTEE code X21 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Professional Renewal Initiative financially healthy?

Financial health scoring requires Form 990 filing data. Check back as we process more filings for Professional Renewal Initiative.

How much revenue does Professional Renewal Initiative generate?

Professional Renewal Initiative reports $85K in annual revenue and holds $48K in total assets, based on IRS filings.

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