Is Renaissance Inc Legit?

Strengths

Consistent reporting of 0% officer compensation, indicating efficient use of funds for mission.
Strong financial solvency with zero liabilities in most recent filings (e.g., 202312, 202212).
Long history of consistent IRS 990 filings (12 periods), demonstrating transparency.
Assets consistently exceed liabilities, indicating a healthy balance sheet.
Expenses are generally well-managed relative to revenue, avoiding significant deficits.

Spending Breakdown

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

85%

Program Spending

Healthy — majority goes to mission

10%

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 Renaissance Inc

Is Renaissance Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Renaissance Inc (EIN: 201807780) appears trustworthy. Mission Score: 85/100. 1 red flag identified, 5 strengths noted.

Is Renaissance Inc a good charity to donate to?

Renaissance Inc has a Mission Score of 85/100. Revenue: $68K. Assets: $87K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Renaissance Inc?

The Employer Identification Number (EIN) for Renaissance Inc is 201807780. 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 Renaissance Inc spend its money?

Renaissance Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

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

You can verify Renaissance Inc's tax-exempt status using EIN 201807780 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

Renaissance Inc. demonstrates a consistent operational presence with fluctuating but generally stable financial health over the past decade. In the latest filing (202312), the organization reported revenues of $107,519 against expenses of $105,255, indicating a slight surplus. This trend of revenues closely matching or slightly exceeding expenses is common, as seen in 202212 ($117,236 revenue vs. $100,684 expenses) and 201412 ($141,199 revenue vs. $141,093 expenses). The organization maintains a healthy asset base, with $88,754 in assets and zero liabilities in 202312, suggesting good financial management and solvency. The absence of reported officer compensation across all available filings indicates a volunteer-led or very lean administrative structure, which can be a positive sign for donor confidence regarding administrative overhead.

Spending efficiency appears reasonable given the close alignment of revenues and expenses, though specific program spending ratios are not detailed in the provided summary. The consistent reporting of zero liabilities in most years, including the latest, points to strong fiscal responsibility and an avoidance of debt. The organization's transparency is high, as evidenced by its consistent IRS 990 filings over 12 periods and the clear reporting of key financial metrics. The lack of officer compensation further enhances its transparency profile, as it suggests resources are directed towards the organization's mission rather than executive salaries.

Overall, Renaissance Inc. appears to be a financially sound and transparent organization, effectively managing its resources to meet its operational costs. While revenue has varied significantly over the years, from a high of $220,159 in 201512 to a low of $58,652 in 202012, the organization has consistently maintained a positive or near-positive net position, demonstrating resilience and prudent financial stewardship. The consistent zero officer compensation is a notable strength in its financial management.

Verdict: Renaissance Inc appears trustworthy

Red Flags