Is Community Renewal Inc Legit?

Strengths

Consistent positive net income (surpluses) in most recent years, e.g., $6,208 in 2023.
Steady growth in assets from $58,189 in 2014 to $246,041 in 2023.
0% officer compensation reported across all 13 filings, indicating high efficiency and dedication.
Low and stable liabilities, demonstrating responsible financial management.
Consistent revenue generation over a long period, showing sustainability.

Spending Breakdown

How Community Renewal Inc allocates its funds across programs, administration, and fundraising.

90%

Program Spending

Healthy — majority goes to mission

Admin Costs

Reasonable — admin costs in check

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 Renewal Inc

Is Community Renewal Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Community Renewal Inc (EIN: 10872301) appears trustworthy. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.

Is Community Renewal Inc a good charity to donate to?

Community Renewal Inc has a Mission Score of 92/100. Revenue: $198K. Assets: $272K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Community Renewal Inc?

The Employer Identification Number (EIN) for Community Renewal Inc is 10872301. 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 Renewal Inc spend its money?

Community Renewal Inc allocates 90% to programs, 7% to administration, and 3% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Community Renewal Inc's tax-exempt status?

You can verify Community Renewal Inc's tax-exempt status using EIN 10872301 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 Renewal Inc demonstrates consistent financial health with a positive net income in most recent years. For example, in 2023, revenue was $227,495 against expenses of $221,287, indicating a surplus. The organization's assets have also shown steady growth, increasing from $58,189 in 2014 to $246,041 in 2023, suggesting good financial management and accumulation of resources. The consistent reporting of 0% officer compensation across all available filings is a strong indicator of transparency and a commitment to directing funds towards the mission rather than executive salaries. This practice also suggests a reliance on volunteer leadership or very modest operational costs for governance.

Spending efficiency appears high, particularly given the lack of reported officer compensation, which implies a lean operational structure. While a detailed breakdown of program, administrative, and fundraising expenses isn't provided in the summary data, the overall financial picture suggests that the organization is effectively managing its resources. The consistent surpluses in recent years (e.g., $20,714 in 2022 and $6,208 in 2023) allow for reinvestment in programs or building reserves, further strengthening its long-term viability. The organization's liabilities have remained relatively low and stable, indicating responsible financial stewardship and minimal debt burden.

Overall, Community Renewal Inc exhibits strong financial health, efficient resource utilization, and a high degree of transparency, particularly concerning executive compensation. The consistent growth in assets and positive operating margins over the past decade reflect a well-managed and sustainable nonprofit operation. The absence of officer compensation is a notable positive for transparency and donor confidence.

Verdict: Community Renewal Inc appears trustworthy