Community Renewal Inc
Community Renewal Inc consistently operates with surpluses and no reported officer compensation.
EIN: 10872301 · Tucson, AZ · NTEE: X90 · Updated: 2026-03-28
Is Community Renewal Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Community Renewal Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Community Renewal Inc
Community Renewal Inc (EIN: 10872301) is a nonprofit organization based in Tucson, AZ, classified under NTEE code X90. The organization reported total revenue of $198K and total assets of $272K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Community Renewal Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Community Renewal Inc is a small nonprofit that has been operating for 17 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 5.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $227K |
| Total Expenses | $221K |
| Surplus / Deficit | +$6K |
| Total Assets | $246K |
| Total Liabilities | $8K |
| Net Assets | $238K |
| Operating Margin | 2.7% |
| Debt-to-Asset Ratio | 3.1% |
| Months of Reserves | 13.3 months |
Financial Health Grade: A
In 2023, Community Renewal Inc reported a surplus of $6K with revenue exceeding expenses, holds 13.3 months of operating reserves (strong position), has a debt-to-asset ratio of 3.1% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Community Renewal Inc's revenue has grown at a compound annual growth rate (CAGR) of 5.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +15.2% | +25.2% | +3.4% |
| 2022 | -4.5% | -6.6% | +9.7% |
| 2021 | -3.1% | +2.7% | +8.8% |
| 2020 | +33.0% | +13.2% | +12.9% |
| 2019 | +9.2% | +16.7% | +1.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2009 |
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 Community Renewal Inc with a Mission Score of 92 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: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Community Renewal Inc allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% 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 $6K, with revenue exceeding expenses.
- Debt-to-asset ratio: 3.1%.
Executive Compensation Analysis
Community Renewal Inc reports 0% officer compensation across all 13 available filings, indicating that no salaries are paid to its officers, which is highly unusual for an organization of its size and suggests a volunteer-led executive structure.
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.
Strengths
The following positive indicators were identified for Community Renewal Inc:
- 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.
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 legitimate. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.
How does Community Renewal Inc spend its money?
Community Renewal Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Community Renewal Inc tax-deductible?
Community Renewal Inc is registered as a tax-exempt nonprofit (EIN: 10872301). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Community Renewal Inc a good charity?
Based on the provided IRS 990 data, Community Renewal Inc appears to be a very good charity. It consistently operates with a surplus, has growing assets, and reports 0% officer compensation, indicating a strong commitment to its mission and efficient use of funds.
How has Community Renewal Inc's financial health changed over time?
Community Renewal Inc's financial health has steadily improved over the past decade. Its assets grew from $58,189 in 2014 to $246,041 in 2023, and it has consistently generated surpluses in most recent years, demonstrating strong financial management and growth.
What is the organization's approach to executive compensation?
The organization's approach to executive compensation is highly conservative, reporting 0% officer compensation in all available filings. This suggests that its leadership is either entirely volunteer-based or compensated through other means not classified as officer compensation, which is a strong positive for donor confidence.
Filing History
IRS 990 filing history for Community Renewal Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Community Renewal Inc's revenue has grown by 84.5%, moving from $123K to $227K. Total assets increased by 488.3% over the same period, from $42K to $246K. Total functional expenses rose by 73.2%, from $128K to $221K. In its most recent filing year (2023), Community Renewal Inc reported a surplus of $6K, with revenue exceeding expenses. The organization holds $8K in liabilities against $246K in assets (debt-to-asset ratio: 3.1%), resulting in net assets of $238K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $227K | $221K | $246K | $8K | — | View 990 |
| 2022 | $198K | $177K | $238K | $6K | — | View 990 |
| 2021 | $207K | $189K | $217K | $5K | — | View 990 |
| 2020 | $213K | $184K | $199K | $5K | — | View 990 |
| 2019 | $160K | $163K | $177K | $11K | — | View 990 |
| 2018 | $147K | $140K | $174K | $5K | — | View 990 |
| 2017 | $150K | $126K | $167K | $5K | — | View 990 |
| 2016 | $185K | $129K | $142K | $5K | — | View 990 |
| 2015 | $143K | $116K | $86K | $5K | — | View 990 |
| 2014 | $124K | $129K | $58K | $5K | — | View 990 |
| 2013 | $134K | $136K | $66K | $8K | — | View 990 |
| 2012 | $165K | $142K | $69K | $9K | — | View 990 |
| 2011 | $123K | $128K | $42K | $6K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $227K, expenses of $221K, and assets of $246K (revenue +15.2% year-over-year).
- 2022: Revenue of $198K, expenses of $177K, and assets of $238K (revenue -4.5% year-over-year).
- 2021: Revenue of $207K, expenses of $189K, and assets of $217K (revenue -3.1% year-over-year).
- 2020: Revenue of $213K, expenses of $184K, and assets of $199K (revenue +33.0% year-over-year).
- 2019: Revenue of $160K, expenses of $163K, and assets of $177K (revenue +9.2% year-over-year).
- 2018: Revenue of $147K, expenses of $140K, and assets of $174K (revenue -2.0% year-over-year).
- 2017: Revenue of $150K, expenses of $126K, and assets of $167K (revenue -18.9% year-over-year).
- 2016: Revenue of $185K, expenses of $129K, and assets of $142K (revenue +28.8% year-over-year).
- 2015: Revenue of $143K, expenses of $116K, and assets of $86K (revenue +15.8% year-over-year).
- 2014: Revenue of $124K, expenses of $129K, and assets of $58K (revenue -8.0% year-over-year).
- 2013: Revenue of $134K, expenses of $136K, and assets of $66K (revenue -18.7% year-over-year).
- 2012: Revenue of $165K, expenses of $142K, and assets of $69K (revenue +34.1% year-over-year).
- 2011: Revenue of $123K, expenses of $128K, and assets of $42K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Community Renewal Inc:
Data Sources and Methodology
This transparency report for Community Renewal 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.