Newport City Renaissance Corporation
EIN: 450565353 · Newport, VT · NTEE: S31
Is Newport City Renaissance Corporation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Newport City Renaissance Corporation
Newport City Renaissance Corporation (EIN: 450565353) is a nonprofit organization based in Newport, VT, classified under NTEE code S31. The organization reported total revenue of $434K and total assets of $439K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Newport City Renaissance Corporation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Analysis Pending
AI enrichment for Newport City Renaissance Corporation 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 Newport City Renaissance Corporation 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 Newport City Renaissance Corporation
Is Newport City Renaissance Corporation a legitimate charity?
Based on AI analysis of IRS 990 filings, Newport City Renaissance Corporation (EIN: 450565353) insufficient data. 0 red flags identified, 0 strengths noted.
How does Newport City Renaissance Corporation spend its money?
Detailed spending breakdown data is not yet available for Newport City Renaissance Corporation. Check back for updated IRS 990 analysis.
Are donations to Newport City Renaissance Corporation tax-deductible?
Newport City Renaissance Corporation is registered as a tax-exempt nonprofit (EIN: 450565353). 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 Newport City Renaissance Corporation showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Newport City Renaissance Corporation's revenue has declined by 68.1%, moving from $204K to $65K. Total assets increased by 500.4% over the same period, from $31K to $186K. Total functional expenses fell by 64.6%, from $207K to $73K. In its most recent filing year (2023), Newport City Renaissance Corporation reported a deficit of $8K, with expenses exceeding revenue. The organization holds $61K in liabilities against $186K in assets (debt-to-asset ratio: 32.8%), resulting in net assets of $125K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $65K | $73K | $186K | $61K | — | View 990 |
| 2022 | $98K | $67K | $179K | $46K | — | View 990 |
| 2021 | $106K | $76K | $133K | $30K | — | View 990 |
| 2020 | $63K | $58K | $98K | $25K | — | View 990 |
| 2019 | $106K | $80K | $86K | $18K | — | View 990 |
| 2018 | $55K | $31K | $87K | $15K | — | View 990 |
| 2017 | $66K | $63K | $58K | $10K | — | View 990 |
| 2016 | $108K | $111K | $67K | $22K | — | View 990 |
| 2015 | $105K | $82K | $59K | $11K | — | View 990 |
| 2014 | $124K | $121K | $46K | $22K | — | View 990 |
| 2013 | $212K | $200K | $67K | $45K | — | View 990 |
| 2012 | $204K | $207K | $31K | $21K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $65K, expenses of $73K, and assets of $186K (revenue -33.5% year-over-year).
- 2022: Revenue of $98K, expenses of $67K, and assets of $179K (revenue -8.2% year-over-year).
- 2021: Revenue of $106K, expenses of $76K, and assets of $133K (revenue +69.4% year-over-year).
- 2020: Revenue of $63K, expenses of $58K, and assets of $98K (revenue -40.9% year-over-year).
- 2019: Revenue of $106K, expenses of $80K, and assets of $86K (revenue +92.9% year-over-year).
- 2018: Revenue of $55K, expenses of $31K, and assets of $87K (revenue -16.4% year-over-year).
- 2017: Revenue of $66K, expenses of $63K, and assets of $58K (revenue -38.8% year-over-year).
- 2016: Revenue of $108K, expenses of $111K, and assets of $67K (revenue +2.1% year-over-year).
- 2015: Revenue of $105K, expenses of $82K, and assets of $59K (revenue -15.1% year-over-year).
- 2014: Revenue of $124K, expenses of $121K, and assets of $46K (revenue -41.5% year-over-year).
- 2013: Revenue of $212K, expenses of $200K, and assets of $67K (revenue +4.1% year-over-year).
- 2012: Revenue of $204K, expenses of $207K, and assets of $31K.
Data Sources and Methodology
This transparency report for Newport City Renaissance Corporation 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.