Claymont Renaissance Development Corporation Inc
Claymont Renaissance Development Corporation shows stable operations with recent revenue surge and no officer compensation.
EIN: 202265151 · Claymont, DE · NTEE: S30 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $330K |
| Total Expenses | $115K |
| Program Spending | 80% |
| Net Assets | $21K |
| Transparency Score | 85/100 |
Is Claymont Renaissance Development Corporation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Claymont Renaissance Development Corporation Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Claymont Renaissance Development Corporation Inc
Claymont Renaissance Development Corporation Inc (EIN: 202265151) is a nonprofit organization based in Claymont, DE, classified under NTEE code S30. The organization reported total revenue of $330K and total assets of $111K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Claymont Renaissance Development Corporation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Claymont Renaissance Development Corporation Inc is a small nonprofit that has been operating for 12 years, with 12 years of IRS 990 filings on record (2009–2023). Revenue has grown at a compound annual rate of 7.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $120K |
| Total Expenses | $115K |
| Surplus / Deficit | +$5K |
| Total Assets | $21K |
| Net Assets | $21K |
| Operating Margin | 4.3% |
| Months of Reserves | 2.2 months |
Financial Health Grade: A
In 2023, Claymont Renaissance Development Corporation Inc reported a surplus of $5K with revenue exceeding expenses, holds 2.2 months of operating reserves (limited).
Financial Trends
Over 12 years of filings (2009–2023), Claymont Renaissance Development Corporation Inc's revenue has grown at a compound annual growth rate (CAGR) of 7.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +34.8% | +9.8% | +32.8% |
| 2022 | -22.6% | -6.5% | -49.7% |
| 2021 | +56.1% | +21.2% | +11.3% |
| 2020 | -10.5% | -11.9% | -24.2% |
| 2019 | -31.6% | -9.7% | -37.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2014 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Claymont Renaissance Development Corporation Inc with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Claymont Renaissance Development Corporation Inc allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $5K, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no officers receive salaries from the organization, which is highly favorable for a nonprofit of its size.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Claymont Renaissance Development Corporation Inc's IRS 990 filings:
- Missing expense data for the latest reported revenue period, preventing full financial analysis.
- Fluctuating annual revenues and expenses, indicating potential variability in funding or project scope.
Strengths
The following positive indicators were identified for Claymont Renaissance Development Corporation Inc:
- Consistent history of IRS 990 filings, demonstrating transparency.
- Zero officer compensation reported across all filings, indicating a strong commitment to mission-focused spending.
- Consistently reports zero liabilities, suggesting sound financial management and no outstanding debt.
- Positive net assets in most years, indicating financial stability.
- Clear NTEE code (S30 - Community Development Corporations) aligns with its stated mission.
Frequently Asked Questions about Claymont Renaissance Development Corporation Inc
Is Claymont Renaissance Development Corporation Inc a legitimate charity?
Claymont Renaissance Development Corporation Inc (EIN: 202265151) is a registered tax-exempt nonprofit based in Delaware. Our AI analysis gives it a Mission Score of 85/100. It has 12 years of IRS 990 filings on record. Total revenue: $330K. 2 red flags identified. 5 strengths noted. Financial health grade: A.
How does Claymont Renaissance Development Corporation Inc spend its money?
Claymont Renaissance Development Corporation Inc directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Claymont Renaissance Development Corporation Inc tax-deductible?
Claymont Renaissance Development Corporation Inc is registered as a tax-exempt nonprofit (EIN: 202265151). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Claymont Renaissance Development Corporation Inc's spending goes to programs?
Claymont Renaissance Development Corporation Inc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Claymont Renaissance Development Corporation Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Claymont Renaissance Development Corporation Inc is above average for NTEE category S30 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Claymont Renaissance Development Corporation Inc located?
Claymont Renaissance Development Corporation Inc is headquartered in Claymont, Delaware and files with the IRS under EIN 202265151. It is classified under NTEE code S30.
How many years of IRS 990 filings does Claymont Renaissance Development Corporation Inc have?
Claymont Renaissance Development Corporation Inc 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 $330K in total revenue.
What caused the significant increase in revenue to $330,446 in the latest period?
The provided data shows a substantial jump in revenue from $119,680 in 202312 to $330,446 in the latest period. Understanding the source of this increase (e.g., specific grants, large donations, new programs) would provide insight into the organization's growth and future sustainability.
What were the expenses for the latest period corresponding to the $330,446 revenue?
The provided data only lists the latest revenue, not the corresponding expenses. To assess financial health and efficiency, it's crucial to know how much was spent and in what categories (program, admin, fundraising) against this higher revenue.
How does Claymont Renaissance Development Corporation Inc. fund its operations without officer compensation?
The consistent reporting of 0% officer compensation suggests that leadership may be volunteer-based or compensated through other means not reported as officer compensation on the 990, or that the organization operates with a very lean, possibly part-time, paid staff structure that doesn't include 'officers' as defined by the IRS for compensation reporting.
Filing History
IRS 990 filing history for Claymont Renaissance Development Corporation Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2009–2023), Claymont Renaissance Development Corporation Inc's revenue has grown by 175.4%, moving from $43K to $120K. Total assets decreased by 16.5% over the same period, from $25K to $21K. Total functional expenses rose by 196.4%, from $39K to $115K. In its most recent filing year (2023), Claymont Renaissance Development Corporation Inc reported a surplus of $5K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $120K | $115K | $21K | $0 | — | — |
| 2022 | $89K | $104K | $16K | $0 | — | View 990 |
| 2021 | $115K | $112K | $31K | $0 | — | View 990 |
| 2020 | $74K | $92K | $28K | $0 | — | View 990 |
| 2019 | $82K | $105K | $37K | $0 | — | View 990 |
| 2018 | $120K | $116K | $59K | $0 | — | View 990 |
| 2017 | $71K | $83K | $55K | $0 | — | View 990 |
| 2016 | $143K | $97K | $67K | $0 | — | View 990 |
| 2015 | $44K | $85K | $22K | $0 | — | View 990 |
| 2013 | $46K | $79K | $3K | $0 | — | View 990 |
| 2012 | $78K | $67K | $36K | $0 | — | View 990 |
| 2009 | $43K | $39K | $25K | $0 | — | — |
Year-by-Year Financial Summary
- 2023: Revenue of $120K, expenses of $115K, and assets of $21K (revenue +34.8% year-over-year).
- 2022: Revenue of $89K, expenses of $104K, and assets of $16K (revenue -22.6% year-over-year).
- 2021: Revenue of $115K, expenses of $112K, and assets of $31K (revenue +56.1% year-over-year).
- 2020: Revenue of $74K, expenses of $92K, and assets of $28K (revenue -10.5% year-over-year).
- 2019: Revenue of $82K, expenses of $105K, and assets of $37K (revenue -31.6% year-over-year).
- 2018: Revenue of $120K, expenses of $116K, and assets of $59K (revenue +69.8% year-over-year).
- 2017: Revenue of $71K, expenses of $83K, and assets of $55K (revenue -50.4% year-over-year).
- 2016: Revenue of $143K, expenses of $97K, and assets of $67K (revenue +222.7% year-over-year).
- 2015: Revenue of $44K, expenses of $85K, and assets of $22K (revenue -3.4% year-over-year).
- 2013: Revenue of $46K, expenses of $79K, and assets of $3K (revenue -41.1% year-over-year).
- 2012: Revenue of $78K, expenses of $67K, and assets of $36K (revenue +78.8% year-over-year).
- 2009: Revenue of $43K, expenses of $39K, and assets of $25K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Claymont Renaissance Development Corporation Inc:
Data Sources and Methodology
This transparency report for Claymont Renaissance Development Corporation Inc 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.