SCommunity Improvement & Capacity BuildingEIN: 383367429· Ruling Year: 1998

Renaissance Development Fund

Benton Harbor, Michigan

CHealth Score
43C

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Below Average

💰
$5.9M
Total Revenue
📊
$3.2M
Total Expenses
🏦
-$9.3M
Net Assets
📋
$29.5M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+114.3%
Year-over-year change (2022 → 2023)
Net Margin
+45.5%
Revenue minus expenses as % of revenue
Working Capital Ratio
-2.90
Net assets divided by total expenses
Liabilities-to-Assets
146.0%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$5,877,883114%$3,204,06514%$20,236,3849%
2022$2,743,1753%$2,820,69520%$22,142,03418%
2021$2,827,37559%$3,516,2948%$26,943,88910%
2020$6,916,37852%$3,255,56126%$29,918,5884%
2019$14,531,595593%$4,388,0342%$28,671,58855%
2018$2,098,010138%$4,316,0092%$63,466,4719%
2017$882,1065%$4,248,796122%$69,680,95624%
2016$836,25475%$1,913,64766%$56,038,99812%
2015$3,341,07558%$5,615,15410%$63,907,66910%
2014$7,891,98054%$6,272,04617%$71,353,063
2013$17,136,64034%$7,539,99610%$71,591,84317%
2012$12,786,8491%$6,885,1137%$85,877,95416%
2011$12,665,106$6,414,365$74,327,213

Frequently Asked Questions

What does Renaissance Development Fund do?

Renaissance Development Fund is a community improvement & capacity building nonprofit organization based in Michigan. It is classified under NTEE code S31J and is registered as a 501(c) tax-exempt organization with the IRS.

Is Renaissance Development Fund financially healthy?

Based on our 9-metric Financial Health Score model, Renaissance Development Fund has a score of 43/100 (Grade: C). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Renaissance Development Fund generate?

Renaissance Development Fund reports $4.2M in annual revenue and holds $19.8M in total assets, based on IRS filings.

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