Community Renaissance Fund
Community Renaissance Fund experiences significant financial volatility with recent deficit spending, but maintains 0% executive compensation.
EIN: 201649237 · Port Huron, MI · NTEE: S19 · Updated: 2026-03-28
Is Community Renaissance Fund Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Community Renaissance Fund directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Community Renaissance Fund
Community Renaissance Fund (EIN: 201649237) is a nonprofit organization based in Port Huron, MI, classified under NTEE code S19. The organization reported total revenue of $244K and total assets of $3.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Community Renaissance Fund's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Community Renaissance Fund 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: 5%
- programs: 90%
- fundraising: 5%
According to IRS 990 filings, Community Renaissance Fund allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no funds are allocated to executive salaries, which is highly commendable for a nonprofit of its size with assets exceeding $2.9 million.
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 Community Renaissance Fund's IRS 990 filings:
- 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
The following positive indicators were identified for Community Renaissance Fund:
- 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.
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) some concerns. Mission Score: 85/100. 3 red flags identified, 3 strengths noted.
How does Community Renaissance Fund spend its money?
Community Renaissance Fund directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Community Renaissance Fund tax-deductible?
Community Renaissance Fund is registered as a tax-exempt nonprofit (EIN: 201649237). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Community Renaissance Fund financially stable?
The organization's financial stability appears volatile. While it has accumulated significant assets ($2,939,152 in 2023), its expenses ($877,523) significantly outpaced revenue ($507,012) in the most recent period, indicating a deficit. This contrasts sharply with a large surplus in 2020 ($1,593,172 revenue vs. $88,599 expenses).
How does Community Renaissance Fund manage its liabilities?
Liabilities have shown a significant increase over time, from $82,537 in 2014 to $1,401,767 in 2023. While assets have also grown, the substantial increase in liabilities warrants closer examination to understand their nature and repayment strategy.
What is the trend in Community Renaissance Fund's revenue?
Revenue has been highly inconsistent, ranging from a low of $75,156 in 2019 to a high of $1,593,172 in 2020. The latest reported revenue of $507,012 in 2023 is a decrease from the previous year's $420,262, but still significantly higher than pre-2020 levels.
Filing History
IRS 990 filing history for Community Renaissance Fund showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Community Renaissance Fund's revenue has grown by 378.5%, moving from $106K to $507K. Total assets increased by 779.8% over the same period, from $334K to $2.9M. Total functional expenses rose by 273.7%, from $235K to $878K. In its most recent filing year (2023), Community Renaissance Fund reported a deficit of $371K, with expenses exceeding revenue. The organization holds $1.4M in liabilities against $2.9M in assets (debt-to-asset ratio: 47.7%), resulting in net assets of $1.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $507K | $878K | $2.9M | $1.4M | — | — |
| 2022 | $420K | $404K | $3.5M | $1.6M | — | View 990 |
| 2021 | $380K | $279K | $2.6M | $730K | — | View 990 |
| 2020 | $1.6M | $89K | $2.2M | $405K | — | — |
| 2019 | $75K | $90K | $359K | $69K | — | View 990 |
| 2018 | $94K | $197K | $377K | $72K | — | View 990 |
| 2017 | $108K | $139K | $481K | $74K | — | View 990 |
| 2016 | $121K | $153K | $507K | $69K | — | View 990 |
| 2015 | $122K | $94K | $540K | $69K | — | View 990 |
| 2014 | $403K | $151K | $526K | $83K | — | View 990 |
| 2013 | $84K | $101K | $261K | $70K | — | View 990 |
| 2012 | $100K | $155K | $283K | $75K | — | View 990 |
| 2011 | $106K | $235K | $334K | $71K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $507K, expenses of $878K, and assets of $2.9M (revenue +20.6% year-over-year).
- 2022: Revenue of $420K, expenses of $404K, and assets of $3.5M (revenue +10.6% year-over-year).
- 2021: Revenue of $380K, expenses of $279K, and assets of $2.6M (revenue -76.1% year-over-year).
- 2020: Revenue of $1.6M, expenses of $89K, and assets of $2.2M (revenue +2019.8% year-over-year).
- 2019: Revenue of $75K, expenses of $90K, and assets of $359K (revenue -20.2% year-over-year).
- 2018: Revenue of $94K, expenses of $197K, and assets of $377K (revenue -12.7% year-over-year).
- 2017: Revenue of $108K, expenses of $139K, and assets of $481K (revenue -10.5% year-over-year).
- 2016: Revenue of $121K, expenses of $153K, and assets of $507K (revenue -0.9% year-over-year).
- 2015: Revenue of $122K, expenses of $94K, and assets of $540K (revenue -69.9% year-over-year).
- 2014: Revenue of $403K, expenses of $151K, and assets of $526K (revenue +381.0% year-over-year).
- 2013: Revenue of $84K, expenses of $101K, and assets of $261K (revenue -16.0% year-over-year).
- 2012: Revenue of $100K, expenses of $155K, and assets of $283K (revenue -5.7% year-over-year).
- 2011: Revenue of $106K, expenses of $235K, and assets of $334K.
Data Sources and Methodology
This transparency report for Community Renaissance Fund 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.