Overview
What is Renaissance Creations?
Renaissance Creations is a nonprofit organization based in Knoxville, Tennessee, with a specific mission to promote peace in the city. They achieve this by focusing on restoring blighted homes in the community, aiming to revitalize neighborhoods and foster a sense of unity. The organization, with a team of five dedicated individuals, operates with the goal of transforming neglected properties and contributing to a more harmonious city atmosphere.
Official website here: www.renaissancecreations.org/
What are the reviews and ratings of this charity?
Charity Navigator Rating: 54%, One-Star out of Four Star rating.
Renaissance Creations has received a low rating due to its overall score of 54%, which indicates significant concerns in its accountability and financial practices. While the organization boasts a fully independent board and demonstrates strong program expense efficiency with 83.68%, it falls short in critical areas such as conflict of interest and whistleblower policies, which received no points.
The organization also struggles with a high liabilities to assets ratio of 90.92%, raising questions about its financial stability. Additionally, Renaissance Creations does not have comprehensive documentation practices in place, as evidenced by its failure to follow through on its tax form postings and retention policies. These limitations suggest a need for improvement in governance and transparency to enhance trust and sustainability.
This AI summary has been generated from information found on Charity Navigator.
Is Renaissance Creations legitimate?
Renaissance Creations is a legitimate nonprofit organization registered as a 501(c)(3) entity. Renaissance Creations submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $250,466
For more financial information, click here
Official website here: www.renaissancecreations.org/
What is the mission statement of Renaissance Creations?
Renaissance Creations aims to promote peace in cities by restoring blighted homes. This mission is carried out with the objective of strengthening neighborhood communities. By revitalizing neglected properties, the organization contributes to creating a more harmonious urban environment. This initiative not only enhances the physical appearance of the area but also fosters a sense of unity and pride among the local residents.
Official website here: www.renaissancecreations.org/
Who is the CEO of Renaissance Creations?
Bruce Charles is the Director of Renaissance Creations.
Official website here: www.renaissancecreations.org/
What is the revenue of Renaissance Creations?
Renaissance Creations's revenue in 2022 was $547,936.
Official website here: www.renaissancecreations.org/
Who are the executives of Renaissance Creations and what are their salaries?
The average compensation at Renaissance Creations during 2022 was $50,093. There are 5 employees at Renaissance Creations.
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Official website here: www.renaissancecreations.org/
Where can I find the form 990 for Renaissance Creations?
Renaissance Creations's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.renaissancecreations.org/
Learn more at the official website: www.renaissancecreations.org/
Mission Statement of Renaissance Creations
Renaissance Creations, a nonprofit organization, strives to promote peace within urban communities by restoring blighted homes. Their mission is deeply rooted in the belief that by revitalizing neglected properties, they can contribute to the betterment of neighborhoods and ultimately, the city as a whole. By focusing on home restoration, Renaissance Creations aims to strengthen the ties within these communities, fostering an environment of peace and prosperity.
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Impact
July, 2024
Renaissance Creations is making a significant impact in Knoxville, Tennessee by seeking peace in the city through the restoration of blighted homes and the strengthening of neighborhood communities. Their mission to restore blighted properties not only improves the aesthetic appeal of the area but also revitalizes communities, creating safer and more vibrant neighborhoods. Through their dedicated efforts, Renaissance Creations is playing a crucial role in community improvement and fostering a sense of pride and unity among residents in Knoxville.
This information is meant to be a general summary of Renaissance Creations. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $4
- Program Service Revenue: $343,826
- Gross Receipts: $547,936
Assets and Liabilities:
- Total Assets: $174,096
- Total Liabilities: $158,290
- Net Assets: $15,806
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM REVENUE
Revenue
$265,222
SALE OF WIMPOLE
Revenue
$78,604
Organization Details
Founding Year
2018
Phone
(865) 660-3153Principal Officer
Bruce Charles
Main Address
1725 WASHINGTON PIKE, KNOXVILLE, TN, 37917
NTEE Category
Code: S99 - Community improvement
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