Quick charity verification for Community Renaissance Fund (EIN: 201649237)
Verdict: Community Renaissance Fund appears trustworthy
85/100Mission Score
$244KRevenue
$3.1MAssets
3Red Flags
3Strengths
Red Flags
Significant deficit spending in the most recent fiscal year (2023 expenses $877,523 vs. revenue $507,012).
High volatility in annual revenue and expenses, making financial forecasting challenging.
Substantial increase in liabilities ($1,401,767 in 2023) relative to assets, which could indicate reliance on debt or specific project financing.
Strengths
Consistent 0% officer compensation, demonstrating strong commitment to mission over executive pay.
Significant growth in total assets over the past decade, from $525,651 in 2014 to $2,939,152 in 2023.
Evidence of substantial program activity in certain years, such as the high expenses in 2023 ($877,523) which, if program-related, indicates significant impact.
Spending Breakdown
How Community Renaissance Fund allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
5%
Admin Costs
Reasonable — admin costs in check
5%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.
How to Interpret This Report
What Red Flags Mean
Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.
What Mission Score Measures
The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.
Using This Data for Donation Decisions
Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.
Frequently Asked Questions about Community Renaissance Fund
Is Community Renaissance Fund a legitimate charity?
Based on AI analysis of IRS 990 filings, Community Renaissance Fund (EIN: 201649237) appears trustworthy. Mission Score: 85/100. 3 red flags identified, 3 strengths noted.
Is Community Renaissance Fund a good charity to donate to?
Community Renaissance Fund has a Mission Score of 85/100. Revenue: $244K. Assets: $3.1M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Community Renaissance Fund?
The Employer Identification Number (EIN) for Community Renaissance Fund is 201649237. This is the unique tax ID assigned by the IRS.
What is a Mission Score?
The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.
How does Community Renaissance Fund spend its money?
Community Renaissance Fund allocates 90% to programs, 5% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Community Renaissance Fund's tax-exempt status?
You can verify Community Renaissance Fund's tax-exempt status using EIN 201649237 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.
AI Transparency Report
Community Renaissance Fund demonstrates a fluctuating financial performance over the past decade, with significant swings in revenue and expenses. For instance, in 2020, the organization reported a substantial revenue of $1,593,172 against expenses of only $88,599, indicating a large surplus. However, the most recent filing (2023) shows expenses of $877,523 significantly exceeding revenue of $507,012, resulting in a deficit. This volatility suggests potential challenges in consistent financial planning or a project-based funding model. The organization consistently reports 0% officer compensation across all filings, which is a strong indicator of transparency and a commitment to directing funds towards its mission rather than executive salaries. Their asset base has grown considerably, from $525,651 in 2014 to $2,939,152 in 2023, demonstrating long-term asset accumulation, though liabilities have also increased proportionally, reaching $1,401,767 in 2023.