2024-11-15T19:20:50-05:00 2023-12-31 743255017 PAMELA A WATKINS PLLC 6635 W HAPPY VALLEY RD STE A104-6 GLENDALE AZ 85310 990EZ 2023-01-01 860791423 COVENANT RENEWAL MINISTRIES INC COVE 6234444535 2812 E BLACKHAWK DR PHOENIX AZ 85050 DR STEVEN R RUTT PRES/DIRECTOR 6234444535 2024-11-15 true false PAMELA A WATKINS P00027497 6233413979 2024-11-15 2023 2024-10-15 13:58:12Z X N/A X X 97872 X 97833 39 97872 48045 1180 441 53588 103254 -5382 54718 1 49337 X 22277 18652 65747 49401 88024 68053 33306 18716 54718 49337 X THE PRIMARY PURPOSE FOR THE EXISTENCE OF COVENANT RENEWAL MINISTRIES, INCORPORATED IS TO SERVE CHURCHES, ORGANIZATIONS AND INDIVIDUALS THROUGH FACILITATING METHODS OF RELIGIOUS EDUCATION AND BIBLICALLY ORIENTED TEACHING SEMINARS. INTERNATIONAL MINISTRY: DR. RUTT DID NOT TRAVEL INTERNATIONALLY IN 2023, BUT HE STILL CONTINUES TO REMAIN IN CONTACT VIA THE INTERNET WITH LEADERS IN OTHER COUNTRIES, AS WELL AS PURCHASING BOOKS FOR INTERNATIONAL STUDENTS WHO STUDY WITHIN UNIVERSITIES AND SEMINARIES IN THE UNITED STATES. AGAIN, IN 2023, ONE OF DR. RUTT'S PUBLISHED BOOKS WAS USED AS A TEXTBOOK IN A UNIVERSITY. 3749 USA MINISTRY: PROVIDE SEMINARS FOR CHURCHES AND ORGANIZATIONS, WITH TIME SPENT COUNSELING YOUNG PEOPLE WITH DRUG AND OTHER PROBLEMS. IN ADDITION, COVENANT RENEWAL WORKS CLOSELY WITH LOCAL CHURCHES AND PROVIDES LECTURES AT VARIOUS LOCATIONS. COVENANT RENEWAL MINISTRIES SPONSORED DR. RUTT TO SPEND MOST OF HIS TIME TEACHING/LECTURING AT ARIZONA CHRISTIAN UNIVERSITY. DR. RUTT CONTINUES TO SERVE AS ASSOCIATE PROFESSOR OF BIBLICAL STUDIES AT ARIZONA CHRISTIAN UNIVERSITY. HIS TEACHING RESPONSIBILITIES AT THE UNIVERSITY ENABLES HIM TO ALSO VOLUNTARILY SERVE THE DIOCESE OF MID- AMERICA (REFORMED EPISCOPAL CHURCH/ANGLICAN CHURCH OF NORTH AMERICA) BY TRAINING THEIR SEMINARY STUDENTS AS THEY PREPARE FOR PASTORAL AND MISSIONARY VOCATIONS. IN 2023, DR. RUTT TRAVLED TO VARIOUS SPEAKING ENGAGEMENTS AND LECTURE FORMATS WITHIN THE USA. 68620 FUNERALS, WEDDING AND MARRIAGE MINISTRY: PERFORM FUNERAL SERVICES, WEDDING SERVICES, MARITAL COUNSELING AND TRAINING FOR DOMESTIC PROBLEMS. 5858 78227 DR STEVEN R RUTT PRES/DIRECTO 20.00 12000 15803 6406 SUSANNAH T RUTT VP/DIRECTOR 10.00 12000 BILL O'BRIEN SEC/DIRECTOR 1.00 0 JEFF GORDON TREAS/DIRECT 1.00 0 false false false false false false false false false SUSANNAH T RUTT 2812 E BLACKHAWK DR PHOENIX AZ 85050 6234444535 false false false false false false false false false false false NONE NONE true X 89512 84513 95412 84664 97833 451934 89512 84513 95412 84664 97833 451934 409065 42869 451934 39 0.09490 0.06880 X COVENANT RENEWAL IS STILL SUFFERING FROM THE EFFECTS OF A POOR ECONOMY, CAUSING THE DONATIONS TO BE LOWER THAN ANTICIPATED. THE PUBLIC SUPPORT PERCENTAGES DID INCREASE OVER 2022 BY 2.61%. ONE INDIVIDUAL DONOR IS COMMITTED TO THE SUPPORT OF THE NON-PROFIT AND AGAIN MADE A LARGE DONATION WHICH CAUSED THE TEST TO FAIL. THE BOARD, AS WELL AS DR RUTT, ARE WORKING TO INCREASE THE NUMBER OF DONORS BY VARIOUS SPEAKING ENGAGEMENTS AND ARE BEGINNING TO ACCOMPLISH THE GOAL, SHOWING AN INCREASE IN PERCETAGES OVER THE PRIOR YEAR. DR RUTT BELIEVES HE IS MAKING HEADWAY IN REACHING ADDITIONAL DONORS AND IS LOOKING FORWARD TO A BETTER YEAR IN 2024. PART II, LINE 17A COVENANT RENEWAL IS STILL SUFFERING FROM THE EFFECTS OF A POOR ECONOMY, CAUSING THE DONATIONS TO BE LOWER THAN ANTICIPATED. THE PUBLIC SUPPORT PERCENTAGES DID INCREASE OVER 2022 BY 2.61%. ONE INDIVIDUAL DONOR IS COMMITTED TO THE SUPPORT OF THE NON-PROFIT AND AGAIN MADE A LARGE DONATION WHICH CAUSED THE TEST TO FAIL. THE BOARD, AS WELL AS DR RUTT, ARE WORKING TO INCREASE THE NUMBER OF DONORS BY VARIOUS SPEAKING ENGAGEMENTS AND ARE BEGINNING TO ACCOMPLISH THE GOAL, SHOWING AN INCREASE IN PERCETAGES OVER THE PRIOR YEAR. DR RUTT BELIEVES HE IS MAKING HEADWAY IN REACHING ADDITIONAL DONORS AND IS LOOKING FORWARD TO A BETTER YEAR IN 2024. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED FORM 990-EZ, PART I, LINE 16 EXPENSES OFFICE EXPENSE 2,867 MEALS 6,309 TRAVEL 5,008 TRAVEL 455 CONFERENCES/MEETINGS 2,436 INTEREST 1,005 INTEREST 91 BENEVOLENCE 4,507 BENEVOLENCE 563 MINISTRY EXPENSES 53 MINISTRY EXPENSES 3,446 MINISTRY EXPENSES 170 VEHICLE EXPENSES 9,746 VEHICLE EXPENSES 885 NON-INVESTMENT DEPRECIATION 16,047 TOTAL 53,588 FORM 990-EZ, PART I, LINE 20 BOOK / TAX DEPRECIATION DIFFERENCE 1 FORM 990-EZ, PART II, LINE 24 OTHER LOANS RECEIVABLE 300 0 102,564 102,565 LESS ACCUMULATED DEPRECIATION 37,117 53,164 TOTAL 65,747 49,401 FORM 990-EZ, PART II, LINE 26 ACCOUNTS PAYABLE AND ACCRUED EXPENSES 478 478 UNSECURED NOTES AND LOANS PAYABLE 32,828 18,238 FORM 990-EZ, PART III THE PRIMARY PURPOSE FOR THE EXISTENCE OF COVENANT RENEWAL MINISTRIES, INCORPORATED IS TO SERVE CHURCHES, ORGANIZATIONS AND INDIVIDUALS THROUGH FACILITATING METHODS OF RELIGIOUS EDUCATION AND BIBLICALLY ORIENTED TEACHING SEMINARS. FORM 990-EZ, PART III, LINE 28 INTERNATIONAL MINISTRY: DR. RUTT DID NOT TRAVEL INTERNATIONALLY IN 2023, BUT HE STILL CONTINUES TO REMAIN IN CONTACT VIA THE INTERNET WITH LEADERS IN OTHER COUNTRIES, AS WELL AS PURCHASING BOOKS FOR INTERNATIONAL STUDENTS WHO STUDY WITHIN UNIVERSITIES AND SEMINARIES IN THE UNITED STATES. AGAIN, IN 2023, ONE OF DR. RUTT'S PUBLISHED BOOKS WAS USED AS A TEXTBOOK IN A UNIVERSITY. FORM 990-EZ, PART III, LINE 29 USA MINISTRY: PROVIDE SEMINARS FOR CHURCHES AND ORGANIZATIONS, WITH TIME SPENT COUNSELING YOUNG PEOPLE WITH DRUG AND OTHER PROBLEMS. IN ADDITION, COVENANT RENEWAL WORKS CLOSELY WITH LOCAL CHURCHES AND PROVIDES LECTURES AT VARIOUS LOCATIONS. COVENANT RENEWAL MINISTRIES SPONSORED DR. RUTT TO SPEND MOST OF HIS TIME TEACHING/LECTURING AT ARIZONA CHRISTIAN UNIVERSITY. DR. RUTT CONTINUES TO SERVE AS ASSOCIATE PROFESSOR OF BIBLICAL STUDIES AT ARIZONA CHRISTIAN UNIVERSITY. HIS TEACHING RESPONSIBILITIES AT THE UNIVERSITY ENABLES HIM TO ALSO VOLUNTARILY SERVE THE DIOCESE OF MID- AMERICA (REFORMED EPISCOPAL CHURCH/ANGLICAN CHURCH OF NORTH AMERICA) BY TRAINING THEIR SEMINARY STUDENTS AS THEY PREPARE FOR PASTORAL AND MISSIONARY VOCATIONS. IN 2023, DR. RUTT TRAVLED TO VARIOUS SPEAKING ENGAGEMENTS AND LECTURE FORMATS WITHIN THE USA.