NORTH CHARLESTON RENAISSANCE INC

EIN: 200011682 501(c)(3) Housing & Shelter

NORTH CHARLESTON, SC

Total Revenue
$2,369,984
Total Expenses
$2,830,436
Total Assets
$20,749,515
Net Assets
$13,921,450
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2002
Legal Domicile
SC
Principal Officer
QUIANA ABNEY
Phone
8432665908
Tax Period
2024-07-01 to 2025-06-30

NORTH CHARLESTON RENAISSANCE INC, founded in 2002, is a community nonprofit in the Housing & Shelter sector that reported $2.4M in total revenue in fiscal year 2024. Revenue decreased 9% compared to the prior year. Expenses of $2.8M exceeded revenue, resulting in a 19% operating deficit.

Mission

NORTH CHARLESTON RENAISSANCE INC. IS THE SOLE MEMBER OF NCR BUSKIRK LLC (20 APARTMENTS OF LOW-INCOME ELDERLY HOUSING), NCR LIBERTY HILL LLC (51 APARTMENTS OF FAMILY LOW-INCOME HOUSING), BIRCHWOOD NCR LLC (64 APARTMENTS OF LOW-INCOME HOUSING), ALSTON LAKE NCR LLC (72 UNITS), AND PHOENIX NCR LLC (16 APARTMENTS OF LOW-INCOME HOUSING).PROVIDED HOUSING TO LOW- AND MODERATE-INCOME INDIVIDUALS BY OPERATING 5 HOUSING PROJECTS WITH A TOTAL OF 223 UNITS.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $1,090,853
Program Service Revenue $1,140,187
Investment Income $125,022
Other Revenue $13,922
TOTAL REVENUE $2,369,984

Expense Breakdown

Grants Paid $0
Salaries & Benefits $603,700
Fundraising Expenses $0
Program Expenses $2,122,827
Other Expenses $2,226,736
TOTAL EXPENSES $2,830,436

Year-over-Year Comparison

2024 2023 Change
Revenue $2,369,984 $2,601,096 -0.1%
Expenses $2,830,436 $2,693,771 +0.1%
Net Income $-460,452 $-92,675 +4.0%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
7
Independent Members
7
Employees
N/A
Volunteers
N/A

Governance Policies

✗ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
3
$73,947
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CRAIG LOGAN CHAIR 2.00
Officer Director
$0 $0 $0
LISA LOESEL VICE CHAIR 2.00
Officer Director
$0 $0 $0
JEFF BAXTER MEMBER 2.00
Director
$0 $0 $0
TANYA LOCKLAIR MEMBER 2.00
Director
$0 $0 $0
DIAMOND CURRY MEMBER 2.00
Director
$0 $0 $0
KAREN THROWER MEMBER 2.00
Director
$0 $0 $0
DEBORAH JEFFERSON MEMBER 2.00
Director
$0 $0 $0
QUIANA ABNEY EXECUTIVE DIRECTOR 2.00
Officer
$0 $0 $73,947
JEREMY ERLING EXECUTIVE DIRECTOR 2.00
$0 $0 $159,053
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $2,369,984 $2,830,436 $20,749,515 $-460,452
2024 No data No data No data No data
2023 $1,001,155 $970,618 $9,673,930 $30,537
2022 $2,073,257 $2,162,487 $18,227,926 $-89,230
2021 $1,020,215 $869,505 $13,262,802 $150,710
2020 $639,491 $693,813 $10,124,407 $-54,322
2019 $554,167 $829,101 $10,214,606 $-274,934
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