Renaissance Inc
Renaissance Inc. consistently operates with minimal surplus and no executive compensation, maintaining stable assets.
EIN: 201807780 · Raymond, MS · NTEE: X20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $68K |
| Total Expenses | $105K |
| Program Spending | 85% |
| Net Assets | $89K |
| Transparency Score | 85/100 |
Is Renaissance Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Renaissance Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Renaissance Inc
Renaissance Inc (EIN: 201807780) is a nonprofit organization based in Raymond, MS, classified under NTEE code X20. The organization reported total revenue of $68K and total assets of $87K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Renaissance Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Renaissance Inc is a micro nonprofit that has been operating for 19 years, with 12 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 0.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $108K |
| Total Expenses | $105K |
| Surplus / Deficit | +$2K |
| Total Assets | $89K |
| Net Assets | $89K |
| Operating Margin | 2.1% |
| Months of Reserves | 10.1 months |
Financial Health Grade: A
In 2023, Renaissance Inc reported a surplus of $2K with revenue exceeding expenses, holds 10.1 months of operating reserves (strong position).
Financial Trends
Over 12 years of filings (2011–2023), Renaissance Inc's revenue has grown at a compound annual growth rate (CAGR) of 0.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -8.3% | +4.5% | +2.6% |
| 2022 | +69.4% | +22.9% | +16.7% |
| 2021 | +18.0% | +38.7% | -10.3% |
| 2020 | -38.7% | -46.9% | -0.6% |
| 2019 | +39.9% | +32.2% | -15.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1700 |
| IRS Ruling Date | 2007 |
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 Renaissance Inc 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Renaissance 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:
- The organization reported a surplus of $2K, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating a volunteer-led organization or one with no paid officers, which is highly favorable for resource allocation.
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 Renaissance Inc's IRS 990 filings:
- Significant fluctuations in annual revenue, which could impact long-term planning if not managed effectively.
Strengths
The following positive indicators were identified for Renaissance Inc:
- Consistent reporting of 0% officer compensation, indicating efficient use of funds for mission.
- Strong financial solvency with zero liabilities in most recent filings (e.g., 202312, 202212).
- Long history of consistent IRS 990 filings (12 periods), demonstrating transparency.
- Assets consistently exceed liabilities, indicating a healthy balance sheet.
- Expenses are generally well-managed relative to revenue, avoiding significant deficits.
Frequently Asked Questions about Renaissance Inc
Is Renaissance Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Renaissance Inc (EIN: 201807780) some concerns. Mission Score: 85/100. 1 red flag identified, 5 strengths noted.
How does Renaissance Inc spend its money?
Renaissance Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Renaissance Inc tax-deductible?
Renaissance Inc is registered as a tax-exempt nonprofit (EIN: 201807780). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Renaissance Inc's spending goes to programs?
Renaissance Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Renaissance Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Renaissance Inc is above average for NTEE category X20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Renaissance Inc located?
Renaissance Inc is headquartered in Raymond, Mississippi and files with the IRS under EIN 201807780. It is classified under NTEE code X20.
How many years of IRS 990 filings does Renaissance Inc have?
Renaissance Inc has 12 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 $68K in total revenue.
Is Renaissance Inc. financially stable?
Yes, Renaissance Inc. appears financially stable. While revenues fluctuate, the organization consistently manages expenses to maintain a positive or near-positive net position, and has zero liabilities in most recent filings, including 202312.
Does Renaissance Inc. pay its officers?
No, based on the provided IRS 990 data, Renaissance Inc. consistently reports 0% officer compensation across all 12 filings, suggesting a volunteer-led executive structure.
How has Renaissance Inc.'s revenue trended over time?
Renaissance Inc.'s revenue has fluctuated significantly, peaking at $220,159 in 201512 and dipping to $58,652 in 202012, but has shown recovery in recent years, reaching $107,519 in 202312.
What is the organization's asset-to-liability ratio?
In the latest filing (202312), Renaissance Inc. has $88,754 in assets and $0 in liabilities, indicating an excellent asset-to-liability ratio and strong financial solvency.
Filing History
IRS 990 filing history for Renaissance Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2023), Renaissance Inc's revenue has grown by 7.7%, moving from $100K to $108K. Total assets increased by 205.9% over the same period, from $29K to $89K. Total functional expenses rose by 11.4%, from $94K to $105K. In its most recent filing year (2023), Renaissance Inc reported a surplus of $2K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $108K | $105K | $89K | $0 | — | View 990 |
| 2022 | $117K | $101K | $86K | $0 | — | View 990 |
| 2021 | $69K | $82K | $74K | $4K | — | — |
| 2020 | $59K | $59K | $83K | $0 | — | View 990 |
| 2019 | $96K | $111K | $83K | $0 | — | View 990 |
| 2018 | $68K | $84K | $99K | $0 | — | View 990 |
| 2017 | $178K | $167K | $115K | $0 | — | View 990 |
| 2016 | $205K | $250K | $79K | $0 | — | View 990 |
| 2015 | $220K | $186K | $125K | $0 | — | View 990 |
| 2014 | $141K | $141K | $90K | $0 | — | View 990 |
| 2013 | $159K | $127K | $90K | $0 | — | View 990 |
| 2011 | $100K | $94K | $29K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $108K, expenses of $105K, and assets of $89K (revenue -8.3% year-over-year).
- 2022: Revenue of $117K, expenses of $101K, and assets of $86K (revenue +69.4% year-over-year).
- 2021: Revenue of $69K, expenses of $82K, and assets of $74K (revenue +18.0% year-over-year).
- 2020: Revenue of $59K, expenses of $59K, and assets of $83K (revenue -38.7% year-over-year).
- 2019: Revenue of $96K, expenses of $111K, and assets of $83K (revenue +39.9% year-over-year).
- 2018: Revenue of $68K, expenses of $84K, and assets of $99K (revenue -61.6% year-over-year).
- 2017: Revenue of $178K, expenses of $167K, and assets of $115K (revenue -13.0% year-over-year).
- 2016: Revenue of $205K, expenses of $250K, and assets of $79K (revenue -7.1% year-over-year).
- 2015: Revenue of $220K, expenses of $186K, and assets of $125K (revenue +55.9% year-over-year).
- 2014: Revenue of $141K, expenses of $141K, and assets of $90K (revenue -11.1% year-over-year).
- 2013: Revenue of $159K, expenses of $127K, and assets of $90K (revenue +59.1% year-over-year).
- 2011: Revenue of $100K, expenses of $94K, and assets of $29K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Renaissance Inc:
Data Sources and Methodology
This transparency report for Renaissance 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.