Outstanding Renewal Enterprises Inc

Outstanding Renewal Enterprises Inc shows consistent revenue growth and positive net assets with no reported officer compensation.

EIN: 133320984 · New York, NY · Updated: 2026-03-28

$1.8MRevenue
$1.8MGross Revenue
$3.4MAssets
80/100Mission Score (Excellent)
Outstanding Renewal Enterprises Inc Financial Summary
MetricValue
Total Revenue$1.8M
Total Expenses$2.4M
Program Spending85%
Net Assets$2.9M
Transparency Score80/100

Is Outstanding Renewal Enterprises Inc Legit?

Some Concerns

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
3 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

Outstanding Renewal Enterprises Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Outstanding Renewal Enterprises Inc

Outstanding Renewal Enterprises Inc (EIN: 133320984) is a nonprofit organization based in New York, NY. The organization reported total revenue of $1.8M and total assets of $3.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Outstanding Renewal Enterprises Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

40Years Operating
Mid-SizeSize Classification
13Years of Filings
MixedRevenue Trajectory

Outstanding Renewal Enterprises Inc is a mid-size nonprofit that has been operating for 40 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 11.4%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$2.8M
Total Expenses$2.4M
Surplus / Deficit+$367K
Total Assets$3.0M
Total Liabilities$80K
Net Assets$2.9M
Operating Margin13.3%
Debt-to-Asset Ratio2.6%
Months of Reserves15.1 months

Financial Health Grade: A

In 2023, Outstanding Renewal Enterprises Inc reported a surplus of $367K with revenue exceeding expenses, holds 15.1 months of operating reserves (strong position), has a debt-to-asset ratio of 2.6% (very low leverage).

Financial Trends

Over 13 years of filings (2011–2023), Outstanding Renewal Enterprises Inc's revenue has grown at a compound annual growth rate (CAGR) of 11.4%.

YearRevenue ChangeExpense ChangeAsset Change
2023+11.8%+22.4%+14.7%
2022+16.2%+39.5%+14.4%
2021+53.5%+41.8%+53.6%
2020-9.3%-24.0%+52.7%
2019+14.2%-6.4%+17.1%

IRS Tax-Exempt Classification

IRS Classification Codes1000
IRS Ruling Date1986

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

Outstanding Renewal Enterprises Inc demonstrates consistent financial growth over the past decade, with revenue increasing from $1,348,807 in 2014 to $2,765,200 in 2023. The organization has also consistently maintained positive net assets, growing from $1,019,180 in 2014 to $3,012,339 in 2023, indicating sound financial management and accumulation of resources. Liabilities have generally remained low relative to assets, suggesting a healthy balance sheet. While specific program spending percentages are not detailed in the provided data, the consistent growth in revenue exceeding expenses in most years (e.g., 2023 revenue of $2,765,200 vs. expenses of $2,398,075) suggests an ability to fund its operations and potentially expand programs. The absence of reported officer compensation across all filings indicates a commitment to directing funds towards the organization's mission rather than executive salaries, which is a positive sign for spending efficiency. However, without a detailed breakdown of expenses into program, administrative, and fundraising categories, a precise assessment of spending efficiency and program focus is challenging. The lack of reported officer compensation also raises questions about how leadership is compensated, if at all, or if it's covered under other expense categories. The NTEE code being 'Unknown' also limits the ability to benchmark against similar organizations.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Outstanding Renewal Enterprises Inc with a Mission Score of 80 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: 10%
  • programs: 85%
  • fundraising: 5%

According to IRS 990 filings, Outstanding Renewal Enterprises Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% 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:

$2.8MTotal Revenue
$2.4MTotal Expenses
$3.0MTotal Assets
$80KTotal Liabilities
$2.9MNet Assets
  • The organization reported a surplus of $367K, with revenue exceeding expenses.
  • Debt-to-asset ratio: 2.6%.

Executive Compensation Analysis

Executive compensation is consistently reported as 0% across all available filings, suggesting that top leadership may be unpaid or compensated through non-officer roles, which is unusual for an organization of this size with growing revenue and assets.

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 Outstanding Renewal Enterprises Inc's IRS 990 filings:

  • Consistent 0% officer compensation raises questions about leadership compensation structure.
  • NTEE code is unknown, hindering comparative analysis.
  • Lack of detailed expense breakdown (program, admin, fundraising) in summary data.

Strengths

The following positive indicators were identified for Outstanding Renewal Enterprises Inc:

  • Consistent revenue growth from $1.3M in 2014 to $2.7M in 2023.
  • Healthy growth in net assets from $1.0M in 2014 to $3.0M in 2023.
  • Expenses generally lower than revenue, indicating financial stability.
  • Low liabilities relative to assets, suggesting a strong balance sheet.

Frequently Asked Questions about Outstanding Renewal Enterprises Inc

Is Outstanding Renewal Enterprises Inc a legitimate charity?

Outstanding Renewal Enterprises Inc (EIN: 133320984) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 80/100. It has 13 years of IRS 990 filings on record. Total revenue: $1.8M. 3 red flags identified. 4 strengths noted. Financial health grade: A.

How does Outstanding Renewal Enterprises Inc spend its money?

Outstanding Renewal Enterprises Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.

Are donations to Outstanding Renewal Enterprises Inc tax-deductible?

Outstanding Renewal Enterprises Inc is registered as a tax-exempt nonprofit (EIN: 133320984). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

What percentage of Outstanding Renewal Enterprises Inc's spending goes to programs?

Outstanding Renewal Enterprises Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.

Where is Outstanding Renewal Enterprises Inc located?

Outstanding Renewal Enterprises Inc is headquartered in New York, New York and files with the IRS under EIN 133320984.

How many years of IRS 990 filings does Outstanding Renewal Enterprises Inc have?

Outstanding Renewal Enterprises Inc has 13 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 $1.8M in total revenue.

How does Outstanding Renewal Enterprises Inc compensate its leadership if officer compensation is consistently reported as $0?

The IRS 990 filings consistently show 0% for officer compensation. This could mean that leadership is entirely volunteer-based, compensated through other non-officer roles, or that compensation is reported under different expense categories not explicitly identified as 'officer compensation'.

What are the specific program activities and their associated costs?

The provided data does not detail specific program activities or their individual costs. A deeper dive into the full IRS 990 forms would be necessary to understand the nature and scope of their programs and how funds are allocated.

What is the organization's NTEE code and how does it align with its mission?

The NTEE code is listed as 'Unknown' in the provided data. Identifying this code would help in understanding the organization's primary focus area and allow for better benchmarking against peer organizations.

What is the breakdown of expenses into program, administrative, and fundraising categories?

The provided summary data does not offer a detailed breakdown of expenses into program, administrative, and fundraising categories. This information is crucial for a comprehensive assessment of spending efficiency.

Filing History

IRS 990 filing history for Outstanding Renewal Enterprises Inc showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Outstanding Renewal Enterprises Inc's revenue has grown by 265.6%, moving from $756K to $2.8M. Total assets increased by 414.4% over the same period, from $586K to $3.0M. Total functional expenses rose by 324.7%, from $565K to $2.4M. In its most recent filing year (2023), Outstanding Renewal Enterprises Inc reported a surplus of $367K, with revenue exceeding expenses. The organization holds $80K in liabilities against $3.0M in assets (debt-to-asset ratio: 2.6%), resulting in net assets of $2.9M.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $2.8M $2.4M $3.0M $80K
2022 $2.5M $2.0M $2.6M $61K View 990
2021 $2.1M $1.4M $2.3M $243K View 990
2020 $1.4M $991K $1.5M $164K View 990
2019 $1.5M $1.3M $979K $42K View 990
2018 $1.3M $1.4M $836K $123K View 990
2017 $1.4M $1.2M $1.1M $287K View 990
2016 $1.4M $1.4M $800K $180K View 990
2015 $1.2M $1.2M $674K $47K View 990
2014 $1.3M $1.2M $1.0M $394K View 990
2013 $998K $980K $863K $415K View 990
2012 $902K $879K $626K $196K View 990
2011 $756K $565K $586K $178K View 990

Year-by-Year Financial Summary

  • 2023: Revenue of $2.8M, expenses of $2.4M, and assets of $3.0M (revenue +11.8% year-over-year).
  • 2022: Revenue of $2.5M, expenses of $2.0M, and assets of $2.6M (revenue +16.2% year-over-year).
  • 2021: Revenue of $2.1M, expenses of $1.4M, and assets of $2.3M (revenue +53.5% year-over-year).
  • 2020: Revenue of $1.4M, expenses of $991K, and assets of $1.5M (revenue -9.3% year-over-year).
  • 2019: Revenue of $1.5M, expenses of $1.3M, and assets of $979K (revenue +14.2% year-over-year).
  • 2018: Revenue of $1.3M, expenses of $1.4M, and assets of $836K (revenue -3.7% year-over-year).
  • 2017: Revenue of $1.4M, expenses of $1.2M, and assets of $1.1M (revenue +0.5% year-over-year).
  • 2016: Revenue of $1.4M, expenses of $1.4M, and assets of $800K (revenue +15.1% year-over-year).
  • 2015: Revenue of $1.2M, expenses of $1.2M, and assets of $674K (revenue -11.0% year-over-year).
  • 2014: Revenue of $1.3M, expenses of $1.2M, and assets of $1.0M (revenue +35.2% year-over-year).
  • 2013: Revenue of $998K, expenses of $980K, and assets of $863K (revenue +10.7% year-over-year).
  • 2012: Revenue of $902K, expenses of $879K, and assets of $626K (revenue +19.2% year-over-year).
  • 2011: Revenue of $756K, expenses of $565K, and assets of $586K.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Outstanding Renewal Enterprises Inc:

2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2018 Filing 2017 Filing 2016 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing

Data Sources and Methodology

This transparency report for Outstanding Renewal Enterprises 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.

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