Avenue North Renaissance
EIN: 465304400 · Philadelphia, PA · NTEE: S31
| Metric | Value |
|---|---|
| Total Revenue | $2.0M |
| Total Expenses | $685K |
| Net Assets | $184K |
Is Avenue North Renaissance Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Avenue North Renaissance
Avenue North Renaissance (EIN: 465304400) is a nonprofit organization based in Philadelphia, PA, classified under NTEE code S31. The organization reported total revenue of $2.0M and total assets of $2.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Avenue North Renaissance's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Avenue North Renaissance is a mid-size nonprofit that has been operating for 9 years, with 12 years of IRS 990 filings on record (2014–2023).
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $611K |
| Total Expenses | $685K |
| Surplus / Deficit | $-73,646 |
| Total Assets | $655K |
| Total Liabilities | $471K |
| Net Assets | $184K |
| Operating Margin | -12.1% |
| Debt-to-Asset Ratio | 71.9% |
| Months of Reserves | 11.5 months |
Financial Health Grade: C
In 2023, Avenue North Renaissance reported a deficit of $74K with expenses exceeding revenue, holds 11.5 months of operating reserves (strong position), has a debt-to-asset ratio of 71.9% (high leverage).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -19.6% | -5.8% | +52.8% |
| 2022 | +68.3% | +65.4% | +9.8% |
| 2021 | +44.3% | -10.8% | -7.0% |
| 2020 | -43.3% | +6.3% | +1.5% |
| 2019 | +187.5% | +140.8% | +142.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2017 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Avenue North Renaissance has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Avenue North Renaissance with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $74K, with expenses exceeding revenue.
- Debt-to-asset ratio: 71.9%.
Frequently Asked Questions about Avenue North Renaissance
Is Avenue North Renaissance a legitimate charity?
Avenue North Renaissance (EIN: 465304400) is a registered tax-exempt nonprofit based in Pennsylvania. It has 12 years of IRS 990 filings on record. Total revenue: $2.0M. No red flags identified. Financial health grade: C.
How does Avenue North Renaissance spend its money?
Avenue North Renaissance reported $2.0M in total revenue in IRS 990 filings. 12 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Avenue North Renaissance tax-deductible?
Avenue North Renaissance is registered as a tax-exempt nonprofit (EIN: 465304400). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Avenue North Renaissance located?
Avenue North Renaissance is headquartered in Philadelphia, Pennsylvania and files with the IRS under EIN 465304400. It is classified under NTEE code S31.
How many years of IRS 990 filings does Avenue North Renaissance have?
Avenue North Renaissance has 12 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $2.0M in total revenue.
Filing History
IRS 990 filing history for Avenue North Renaissance showing financial trends over 12 years of public records:
In its most recent filing year (2023), Avenue North Renaissance reported a deficit of $74K, with expenses exceeding revenue. The organization holds $471K in liabilities against $655K in assets (debt-to-asset ratio: 71.9%), resulting in net assets of $184K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $611K | $685K | $655K | $471K | — | — |
| 2022 | $760K | $727K | $429K | $167K | — | View 990 |
| 2021 | $452K | $440K | $390K | $154K | — | View 990 |
| 2020 | $313K | $493K | $420K | $221K | — | View 990 |
| 2019 | $552K | $463K | $414K | $26K | — | View 990 |
| 2018 | $192K | $192K | $170K | $856 | — | — |
| 2017 | $405K | $432K | $179K | $856 | — | View 990 |
| 2016 | $474K | $274K | $206K | $929 | — | View 990 |
| 2016 | $363K | $164K | $200K | $856 | — | View 990 |
| 2015 | $61K | $55K | $7K | $0 | — | View 990 |
| 2015 | $0 | $0 | $1 | $0 | — | — |
| 2014 | $0 | $0 | $0 | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $611K, expenses of $685K, and assets of $655K (revenue -19.6% year-over-year).
- 2022: Revenue of $760K, expenses of $727K, and assets of $429K (revenue +68.3% year-over-year).
- 2021: Revenue of $452K, expenses of $440K, and assets of $390K (revenue +44.3% year-over-year).
- 2020: Revenue of $313K, expenses of $493K, and assets of $420K (revenue -43.3% year-over-year).
- 2019: Revenue of $552K, expenses of $463K, and assets of $414K (revenue +187.5% year-over-year).
- 2018: Revenue of $192K, expenses of $192K, and assets of $170K (revenue -52.6% year-over-year).
- 2017: Revenue of $405K, expenses of $432K, and assets of $179K (revenue -14.6% year-over-year).
- 2016: Revenue of $474K, expenses of $274K, and assets of $206K (revenue +30.5% year-over-year).
- 2016: Revenue of $363K, expenses of $164K, and assets of $200K (revenue +491.6% year-over-year).
- 2015: Revenue of $61K, expenses of $55K, and assets of $7K.
- 2015: Revenue of $0, expenses of $0, and assets of $1.
- 2014: Revenue of $0, expenses of $0, and assets of $0.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Avenue North Renaissance:
Data Sources and Methodology
This transparency report for Avenue North Renaissance is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.