Re-Launch Ministries INC

Tax-deductible

Anderson, SC501(c)(3)ReligionEIN 47-4757733Revenue $280K in FY2024

On file with the IRSre-launch.info302 Watermarke Ln, 29625-5963 · Anderson, SCTax-exempt since Dec 2015Publicly supported charity — 170(b)(1)(A)(vi)

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To support and encourage leaders in the church and communities with the gospel of jesus christ.

501(c)(3) charity; gifts are tax-deductible.
87¢ of each $1 spent went to programs.
Run by 50 volunteers and 1 employee.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 3
filings with a surplus
Average surplus $24K a year · 9% of revenue · last 3 filings
Looks good: a surplus in 3 of the last 3 filings.
Pt I · Ln 19 · 3 filings
Spent on programs
87%
of spending
Looks good: 87% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$95K
to officers and key staff · 37% of spending
Top officer’s pay higher than 87% of similar orgs
Concern: pay to officers and key staff is 37% of spending; over 30%.
Pt VII · Sec A
Cash reserves
7 mo
of spending, in cash
Looks good: 7.3 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
4
named funders · $143K
Looks good: 4 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$7K
5% of total assets
Looks good: liabilities are 5% of assets; 50% or less.
Pt X · Ln 26
Independent board members
5
of 5 voting members
Looks good: 5 of 5 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$280K
+10% vs prior year
Spent
$253K
To programs
87%
Net assets
$147K
By yearFY2020–FY2024
Revenue
$280K
FY2024▲ +10%
Tap a bar for its year
Revenue by fiscal year
FY2020$91K
FY2021$214K
FY2022$196K
FY2023$255K
FY2024$280K
Expenses
$253K
FY2024▲ +2%
Tap a bar for its year
Expenses by fiscal year
FY2020Not on file
FY2021$178K
FY2022Not on file
FY2023$247K
FY2024$253K
Net assets
$147K
FY2024▲ +22%
Tap a bar for its year
Net assets by fiscal year
FY2020$76K
FY2021$113K
FY2022$112K
FY2023$120K
FY2024$147K

From the FY2024 Form 990 · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Dec 2015.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

87 cents of each dollar spent went to programs.

Program services 87% · $219K Management & general 11% · $28K Fundraising 2% · $6K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

5 people listed on the 990; $95K paid to officers and key staff.

Part VII, Section A · reportable compensation
President
$94,700Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A

John Hastings’s $95K as President is at the 87th percentile of top reported officer pay among 2133 $100K–1M religion nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2024FY2023FY2022FY2021FY2020
John Hastings$94,700$94,700$94,700$75,133$15,000

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Re-Launch Ministries INC executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Encourages church and community leaders with the Gospel of Jesus Christ.

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Provided by the organization

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1 program · $219K · in their own filed words · FY2024
01

Re-launch ministries, inc. Is a faith based nonprofit corporation dedicated to providing spiritual leadership, teaching, training and coaching to encourage believers in jesus christ to follow him wholeheartedly and to help turn around churches and their communities and enable them to go farther faster.

$219Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 4 funders$143K
See all 4 funders →

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$280K
Ln 12
Gifts and grantsLn 1h$279K
Other incomeLn 4–11$700
Investment incomeLn 3$509
Money outPt IX
$253K
Ln 25
Programscol B$219K
Managementcol C$28K
Fundraisingcol D$6K
Owns and owesPt X
$147K
net assets · Ln 32
Cash and savingsLn 1–2$154K
Total assetsLn 16$154K
LiabilitiesLn 26$7K
PeoplePt VI, VII
5
listed · VII A
PaidVII A1
Voting boardVI 1a5
IndependentVI 1b5
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$279K
Investment incomeLn 3$509
Other incomeLn 4–11$700
Total revenueLn 12$280K
Assets in detailPt X, end of year
CashLn 1$129K
SavingsLn 2$26K
Cash and savings togetherLn 1–2$154K
Total assetsLn 16$154K
LiabilitiesLn 26$7K
Net assetsLn 32$147K
OperationsPt I, VI
EmployeesI 51
VolunteersI 650
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$120K$154K
Total assetsLn 16$120K$154K
LiabilitiesLn 26$0$7K
Net assetsLn 32$120K$147K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants and assistance to foreign recipientsLn 3$86K$86K
Pay of current officers, directors and key staffLn 5$95K$76K$14K$5K
Other employee benefitsLn 9$25K$20K$4K$1K
Accounting feesLn 11c$3K$3K
TravelLn 17$36K$36K
Other expenses (24a–d)Ln 24$7K$957$6K$237
All other expensesLn 24e$2K$68$2K
Total functional expensesLn 25$253K$219K$28K$6K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest Viewing $280K$253K$27K$147K 990 PDF
FY2023 $255K$247K$8K$120K 990 PDF
FY2022 $196K$112K 990 PDF
FY2021 $214K$178K$37K$113K 990 PDF
FY2020 $91K$76K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2024 990 (6 parts)
Part I · Summary $279,783 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $252,993$278,574
I-9 Program service revenue$0
I-10 Investment incomePrior year $3$509
I-11 Other revenuePrior year $1,894$700
I-12 Total revenuePrior year $254,890$279,783
I-13 Grants and similar amounts paidPrior year $80,628$85,787
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $120,000$120,000
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $46,733$47,061
I-18 Total expensesPrior year $247,361$252,848
I-19 Revenue less expensesPrior year $7,529$26,935
Part VI · Governance 5 of 5 board members independent, 4 to look at
VI-1a Voting members of the governing body5
VI-1b Independent voting members5
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
Part VIII · Statement of revenue $279,783 across 5 lines filed
VIII-1f All other contributions, gifts and grants$278,574
VIII-1h Total contributions, gifts and grants$278,574
VIII-3 Investment incomeRelated to mission $509$509
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $700$700
VIII-12 Total revenueRelated to mission $1,209$279,783
Part IX · Statement of functional expenses $252,848 across 7 lines filed
IX-3 Grants and assistance to foreign recipientsPrograms $85,787$85,787
IX-5 Pay of current officers, directors and key staffPrograms $75,760 · Management $14,205 · Fundraising $4,735$94,700
IX-9 Other employee benefitsPrograms $20,240 · Management $3,795 · Fundraising $1,265$25,300
IX-11c Accounting feesManagement $2,580$2,580
IX-17 TravelPrograms $36,061$36,061
IX-24 Other expenses (24a–d)Programs $957 · Management $5,532 · Fundraising $237$6,726
IX-24e All other expensesPrograms $68 · Management $1,626$1,694
IX-25 Total functional expensesPrograms $218,873 · Management $27,738 · Fundraising $6,237$252,848
Part X · Balance sheet $154,141 assets, 9 lines filed
X-1 Cash, non-interest-bearingStart of year $94,856$128,609
X-2 Savings and temporary cash investmentsStart of year $25,022$25,532
X-16 Total assetsStart of year $119,878$154,141
X-25 Other liabilities$7,328
X-26 Total liabilitiesStart of year $0$7,328
X-27 Net assets without donor restrictionsStart of year $111,543$130,040
X-28 Net assets with donor restrictionsStart of year $8,335$16,773
X-32 Total net assets or fund balancesStart of year $119,878$146,813
X-33 Total liabilities and net assetsStart of year $119,878$154,141
Part XI · Reconciliation of net assets $146,813 net assets at year end
XI-1 Total revenue$279,783
XI-2 Total expenses$252,848
XI-3 Revenue less expenses$26,935
XI-4 Net assets at start of year$119,878
XI-10 Net assets at end of year$146,813

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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