Renas Promise Foundation Inc
EIN: 450662653 · Rehoboth Bch, DE · NTEE: A31
Is Renas Promise Foundation Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Renas Promise Foundation Inc
Renas Promise Foundation Inc (EIN: 450662653) is a nonprofit organization based in Rehoboth Bch, DE, classified under NTEE code A31. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Renas Promise Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Renas Promise Foundation Inc is a micro nonprofit that has been operating for 5 years.
Key Financial Metrics (2019)
From the most recent IRS 990 filing on record:
| Total Revenue | $4K |
| Total Expenses | $672 |
| Surplus / Deficit | +$3K |
| Total Assets | $-2,827 |
| Net Assets | $-2,827 |
| Operating Margin | 80.8% |
| Months of Reserves | -50.5 months |
Financial Health Grade: A
In 2019, Renas Promise Foundation Inc reported a surplus of $3K with revenue exceeding expenses, holds -50.5 months of operating reserves (limited).
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2021 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Renas Promise Foundation 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 Renas Promise Foundation 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.
Key Financial Metrics (2019)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $3K, with revenue exceeding expenses.
Frequently Asked Questions about Renas Promise Foundation Inc
Is Renas Promise Foundation Inc a legitimate charity?
Renas Promise Foundation Inc (EIN: 450662653) is a registered tax-exempt nonprofit based in Delaware. No red flags identified. Financial health grade: A.
How does Renas Promise Foundation Inc spend its money?
Renas Promise Foundation Inc reported its financials in IRS 990 filings. 1 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Renas Promise Foundation Inc tax-deductible?
Renas Promise Foundation Inc is registered as a tax-exempt nonprofit (EIN: 450662653). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Renas Promise Foundation Inc located?
Renas Promise Foundation Inc is headquartered in Rehoboth Bch, Delaware and files with the IRS under EIN 450662653. It is classified under NTEE code A31.
Filing History
IRS 990 filing history for Renas Promise Foundation Inc showing financial trends over 1 year of public records:
In its most recent filing year (2019), Renas Promise Foundation Inc reported a surplus of $3K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2019 | $4K | $672 | $-2,827 | $0 | — | View 990 |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Renas Promise Foundation Inc:
Data Sources and Methodology
This transparency report for Renas Promise Foundation 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.