Nonprofit screen
Screen a listRenaissance Economic Development Corporation
Can you give?
Listed with the IRS. Every screen came back clear.
A 501(c)(3) on Publication 78 and the IRS master file.
- IRS nonprofit listing
- No issue
- Revocation
- None
- IRS files
- Agree
- Sanctions
- No match
- IRS bulletin
- No notice
- California
- No record
- Charity type
- 509(a)(1)
$6.0Mrevenue
FY2024 · +10% in 3 yrs39staff
8 of 8years filed
’17’18’19’20’21’22’23’24
Revenue and spendingRevenueSpendingDeficit
Against similar nonprofits FY2024
Operating margin7.1%
Months of reserve11.2mo
Revenue growth (annualized)+15.1%
Middle half of peersMedianRenaissance Economic Development
Where the money goes FY2024 · $5.6M spent
Programs$4.4M79%Management and general$798k14%Fundraising$394k7%990 FY2024 · Part IX line 25
Worth checking1
A funder worth 11% of revenue stopped after FY2021
The Alphadyne Foundation gave $625k in FY2021, 11% of revenue that year.
Funders’ 990-PF grant listsIn its favor3
Strong governance
8 of 9 board members independent. Conflict-of-interest and whistleblower policies, audited financial statements, board reviews the 990.
990 Part VIGrowing faster than peers
Revenue up 15% a year since FY2017, faster than half of similar nonprofits.
990 Part I · peer cohortA history of government grants
Government grants on 8 of its 8 returns, 68% of revenue in FY2024. $16M is traced federal awards from Small Business Administration.
990 Part VIII · USAspending20funders
$859ka year, last 3 years
24%from its largest funder
Funder’17’18’19’20’21’22’23Nybdc Local Development CorporationOn and off$705kThe Alphadyne FoundationOn and off$625kCiti FoundationOn and off$500kNational Coalition for Asian Pacific American Community DevelopmentSince FY2019$33k$57k$47k$92k$35kJpmorgan Chase FoundationNew in FY2023$150kRobin Hood FoundationOn and off$115kDonor-advised giftsDonors not disclosed$230k$635k$103k$225k6 other fundersUp to $100k a year each$10k$1k$146k$19k
FundedThrough a donor-advised fund