Warren Redevelopment & Planning Corp EIN 34-1332536 Form 990 (PDF) Claim this org

Warren Redevelopment & Planning Corp FY2020 filing

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Revitalizes downtown Warren, Ohio, to improve the area. For fiscal year 2020 it reported $189K in revenue, $184K in expenses, and $-61K in net assets.Pt I

Type
Public charity (501(c)(3)) · Community Development
Location
Warren, OH
Filings
5 on file (2020–2020)
Revenue
$189KFY2020
Expenses
$184K
Net assets
$-61K
People
8
Filings
5
Updates
0
More identity details & actions ⌄
EIN  34-1332536 Public charity (501(c)(3)) Warren, OH
Form 990 (PDF)
You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2024) →
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Size
$100K–1M
What they do
Revitalizes downtown Warren, Ohio, to improve the area.
Leadership
David Barran · Board Member
Money in and out
$189K revenue, $184K expenses
Bottom line
100% program efficiency
Where the money goes · FY2020
Total revenue
$189K
Pt VIII · Ln 12
Total expenses
$184K
Pt IX · Ln 25
Net assets
$-61K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $5K
Where spending went · Part IX cols B–D
Program services $1.00
Program efficiency
100%
of spending reaches programs
Operating runway
7.7mo
months of highly liquid reserves at operating expense rate
Surplus margin
+3%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2020 · Form 990
Revenue
$189K
FY2020
Expenses
$184K
FY2020
Total assets
$797K
FY2020
Total liabilities
$858K
FY2020
Total revenue
$189K
Pt VIII · Ln 12
Total expenses
$184K
Pt IX · Ln 25
Net assets
$-61K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$5K
Total assetsPt X · Ln 16$797K
Program-expense ratioPt IX · col B100%
Voting members of governing bodyPt I · Ln 38
Independent voting membersPt I · Ln 48

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CWarren Redevelopment & Planning Corp
EINHdr · item D34-1332536
Principal addressHdr · item CWarren, OH
WebsiteHdr · item Jnone reported
Year of formationHdr · item Lpending
State of legal domicileHdr · item MOH
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFCommunity Development (S20Z)
Ruling yearIRS BMFMar 1985

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a8
Independent voting membersPt VI · Ln 1b8
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Board Member
$0Pt VII · Sec A
Vice Chairma
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Chairman
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
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Mission & Programs · Part III

Where the work happens

1 program service account for $184K of program spending, described in the organization's own filed words · FY2020.
01

Warren redevelopment is primarily concerned with area revitalization, mainly in downtown warren, ohio.

$184Kprogram expense

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Statement of Revenue

Part VIII
Program service revenue$186K · 99%
Other revenue$3K · 1%
Program service revenue99%$186K
Other revenue1%$3K
Contributions & grants$130
Total revenueLn 12$189K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $1.00
Program services100%$184K
Total functional expensesLn 25$184K

Balance Sheet

Part X · end of year
CashLn 1$119K
Total assetsLn 16$797K
Total liabilitiesLn 26$858K
Total net assetsLn 32$-61K
Months of cash on handcomputed7.7

Financial Metrics

Form 990 · FY2020 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $119K · Operating expenses/yr $184K
7.7 months
Where the money goes
Program services
Program services $184K · Total expenses $184K
100%
Management & General
Management & general $0 · Total expenses $184K
0%
Fundraising
Fundraising $0 · Total expenses $184K
0%
Cost to raise $1
Fundraising expense $0 · Solicited contributions $130
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $130 · Total revenue $189K
0.07%
Government reliance
Government grants — · Total revenue $189K
Earned-income share
Program service revenue $186K · Total revenue $189K
99%
Investment reliance
Investment income $0 · Total revenue $189K
0%
Program self-sufficiency
Program service revenue $186K · Total expenses $184K
101%
Growth & trend
Revenue growth (YoY)
This year $189K · Prior year —
No prior year on file
Net-asset trend (YoY)
End of year $-61K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $189K · Expenses $184K
+3%
Liabilities-to-Assets
Total liabilities — · Total assets $797K
Net-asset ratio
Net assets $-61K · Total assets $797K
-8%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $797K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual David Barran · Reported title BOARD MEMBER · Highest reported compensation $0 · Total expenses $184K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $145K · Total expenses $184K
79%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 100%
Overhead ratio 0%
Fundraising cost ratio 0%
Accounting fee ratio 1%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 1 funder$33K

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$210K revenue · ⤓ 990 PDF
FY2023$113K revenue · ⤓ 990 PDF
FY2022$209K revenue · ⤓ 990 PDF
FY2021$184K revenue · ⤓ 990 PDF
FY2020$189K revenue · viewing · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2020IRS
Classification, formation year, addressIRS Business Master File
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