Family Renew Community Inc
EIN: 592971766 · Daytona Beach, FL · NTEE: L410
Is Family Renew Community Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Family Renew Community Inc
Family Renew Community Inc (EIN: 592971766) is a nonprofit organization based in Daytona Beach, FL, classified under NTEE code L410. The organization reported total revenue of $1.4M and total assets of $1.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Family Renew Community Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Analysis Pending
AI enrichment for Family Renew Community Inc 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 Family Renew Community Inc 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.
Frequently Asked Questions about Family Renew Community Inc
Is Family Renew Community Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Family Renew Community Inc (EIN: 592971766) insufficient data. 0 red flags identified, 0 strengths noted.
How does Family Renew Community Inc spend its money?
Detailed spending breakdown data is not yet available for Family Renew Community Inc. Check back for updated IRS 990 analysis.
Are donations to Family Renew Community Inc tax-deductible?
Family Renew Community Inc is registered as a tax-exempt nonprofit (EIN: 592971766). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for Family Renew Community Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2022), Family Renew Community Inc's revenue has grown by 4.3%, moving from $637K to $665K. Total assets increased by 53.2% over the same period, from $999K to $1.5M. Total functional expenses rose by 35.7%, from $615K to $834K. In its most recent filing year (2022), Family Renew Community Inc reported a deficit of $170K, with expenses exceeding revenue. The organization holds $197K in liabilities against $1.5M in assets (debt-to-asset ratio: 12.9%), resulting in net assets of $1.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2022 | $665K | $834K | $1.5M | $197K | — | View 990 |
| 2021 | $723K | $702K | $1.6M | $42K | — | View 990 |
| 2020 | $1.3M | $863K | $1.6M | $70K | — | — |
| 2019 | $740K | $865K | $1.1M | $22K | — | View 990 |
| 2018 | $805K | $946K | $1.2M | $18K | — | View 990 |
| 2017 | $783K | $866K | $1.3M | $21K | — | View 990 |
| 2016 | $865K | $755K | $1.4M | $16K | — | View 990 |
| 2015 | $907K | $846K | $1.3M | $8K | — | View 990 |
| 2014 | $712K | $802K | $1.3M | $33K | — | View 990 |
| 2013 | $1.1M | $736K | $1.3M | $16K | — | View 990 |
| 2012 | $692K | $742K | $950K | $16K | — | View 990 |
| 2011 | $637K | $615K | $999K | $7K | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $665K, expenses of $834K, and assets of $1.5M (revenue -8.1% year-over-year).
- 2021: Revenue of $723K, expenses of $702K, and assets of $1.6M (revenue -43.6% year-over-year).
- 2020: Revenue of $1.3M, expenses of $863K, and assets of $1.6M (revenue +73.5% year-over-year).
- 2019: Revenue of $740K, expenses of $865K, and assets of $1.1M (revenue -8.1% year-over-year).
- 2018: Revenue of $805K, expenses of $946K, and assets of $1.2M (revenue +2.8% year-over-year).
- 2017: Revenue of $783K, expenses of $866K, and assets of $1.3M (revenue -9.6% year-over-year).
- 2016: Revenue of $865K, expenses of $755K, and assets of $1.4M (revenue -4.6% year-over-year).
- 2015: Revenue of $907K, expenses of $846K, and assets of $1.3M (revenue +27.4% year-over-year).
- 2014: Revenue of $712K, expenses of $802K, and assets of $1.3M (revenue -37.0% year-over-year).
- 2013: Revenue of $1.1M, expenses of $736K, and assets of $1.3M (revenue +63.4% year-over-year).
- 2012: Revenue of $692K, expenses of $742K, and assets of $950K (revenue +8.5% year-over-year).
- 2011: Revenue of $637K, expenses of $615K, and assets of $999K.
Data Sources and Methodology
This transparency report for Family Renew Community 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.