Renaissance Gardens INC EIN 45-3946594

Renaissance Gardens INC

EIN  45-3946594 Public charity (501(c)(3)) Baltimore, MD
Form 990 (PDF) Compare with another nonprofit →
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Size
$100K–1M
What they do
Helps people with disabilities achieve independence and inclusion.
Leadership
Wendi Redfern-Curtis · Vice President
Money in and out
$642K revenue, $842K expenses
Bottom line
95% program efficiency

Helps people with disabilities achieve independence and inclusion. For fiscal year 2025 it reported $642K in revenue, $842K in expenses, and $5.9M in net assets.Pt I

Where the money goes · FY2025
Total revenue
$642K
Pt VIII · Ln 12
Total expenses
$842K
Pt IX · Ln 25
Net assets
$5.9M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$200K
Where spending went · Part IX cols B–D
Program services $0.95 Management & general $0.05
Program efficiency
95%
of spending reaches programs▼ -1% vs prior filing year
Operating runway
0.6mo
months of highly liquid reserves at operating expense rate▼ -45% vs prior filing year
Surplus margin
-31%
revenue over expenses, this year▲ +2% vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Revenue
$642K
FY2025▲ +5%
Expenses
$842K
FY2025▲ +4%
Total assets
$6.7M
FY2025▼ -2%
Total liabilities
$752K
FY2025▲ +5%
Total revenue
$642K
Pt VIII · Ln 12
Total expenses
$842K
Pt IX · Ln 25
Net assets
$5.9M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$200K
Total assetsPt X · Ln 16$6.7M
Program-expense ratioPt IX · col B95%
Voting members of governing bodyPt I · Ln 37
Independent voting membersPt I · Ln 47
Mission & Programs · Part III

Where the work happens

1 program service account for $802K of program spending, described in the organization's own filed words · FY2024.
01

Renaissance gardens operates a 60-UNIT elderly housing project located in baltimore, maryland. The organization provides rental of subsidized and below market housing to low-income, elderly, and disabled individuals.

$802Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CRenaissance Gardens INC
EINHdr · item D45-3946594
Principal addressHdr · item CBaltimore, MD
WebsiteHdr · item Jnone reported
Year of formationHdr · item Lpending
State of legal domicileHdr · item MMD
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFHousing (L21)
Ruling yearIRS BMFFeb 2012

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a7
Independent voting membersPt VI · Ln 1b7
Conflict-of-interest policyPt VI · Ln 12aYes
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 · most recent filed roster (FY2024); the FY2025 filing did not itemize Part VII
Vice President
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
President
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
$0Pt VII · Sec A
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Statement of Revenue

Part VIII
Contributions & grants$336K · 52%
Program service revenue$294K · 46%
Investment income$12K · 2%
Contributions & grants52%$336K
Program service revenue46%$294K
Investment income2%$12K
— government grantsLn 1e$336K
Total revenueLn 12$642K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.95 Management & general $0.05
Program services95%$802K
Management & general5%$40K
Total functional expensesLn 25$842K

Balance Sheet

Part X · end of year
CashLn 1$45K
Total assetsLn 16$6.7M
Total liabilitiesLn 26$752K
Total net assetsLn 32$5.9M
Months of cash on handcomputed0.6

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $45K · Operating expenses/yr $842K
0.6 months
Where the money goes
Program services
Program services $802K · Total expenses $842K
95%
Management & General
Management & general $40K · Total expenses $842K
5%
Fundraising
Fundraising $0 · Total expenses $842K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $0
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $336K · Total revenue $642K
52%
Government reliance
Government grants $336K · Total revenue $642K
52%
Earned-income share
Program service revenue $294K · Total revenue $642K
46%
Investment reliance
Investment income $12K · Total revenue $642K
+2%
Program self-sufficiency
Program service revenue $294K · Total expenses $842K
35%
Growth & trend
Revenue growth (YoY)
This year $642K · Prior year $611K
+5%
Revenue CAGR
FY2020 $539K · FY2024 $642K
+5%
Net-asset trend (YoY)
End of year $5.9M · Beginning of year $6.1M
-3%
Balance sheet
Surplus Margin
Revenue $642K · Expenses $842K
-31%
Liabilities-to-Assets
Total liabilities $752K · Total assets $6.7M
11%
Net-asset ratio
Net assets $5.9M · Total assets $6.7M
89%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $6.7M
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Wendi Redfern-Curtis · Reported title VICE PRESIDENT · Highest reported compensation $0 · Total expenses $842K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $842K
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 95%
Overhead ratio 5%
Fundraising cost ratio 0%
Revenue growth 5%
Legal fee ratio 0%
Accounting fee ratio 2%

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.

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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
FY2025 (Latest)$642K revenue · viewing · ⤓ 990 PDF
FY2024$611K revenue · ⤓ 990 PDF
FY2023$570K revenue · ⤓ 990 PDF
FY2022$551K revenue · ⤓ 990 PDF
FY2021$539K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
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