RENEWAL HOUSE INC

EIN: 223221915 501(c)(3) Housing & Shelter

DANBURY, CT

Total Revenue
$280,316
Total Expenses
$227,219
Total Assets
$342,416
Net Assets
$201,672
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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

Principal Officer
JANICE WIGGINS
Phone
2037911050
Tax Period
2024-10-01 to 2025-09-30

RENEWAL HOUSE INC is a small nonprofit in the Housing & Shelter sector that reported $280K in total revenue in fiscal year 2024. Revenue grew 15% year-over-year, indicating healthy expansion. The organization ran a surplus of $53K, a strong 19% operating margin.

Mission

RENEWAL HOUSE IS A NOT-FOR-PROFIT CORPORATION WHOSE MISSION IS TO PROVIDE TRANSITIONAL HOUSING FOR MEN AND WOMEN 58 YEARS OF AGE OR OLDER WHO ARE HOMELESS OR AT RISK OF BECOMING HOMELESS. THE ORGANIZATION ALSO REFERS CLIENTS TO NEEDED SOCIAL SERVICES AND ENTITLEMENT PROGRAMS, AND ASSISTS IN FINDING PERMANENT HOUSING FOR ITS CLIENTS.

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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 $262,453
Program Service Revenue $10,787
Investment Income $7,076
Other Revenue $0
TOTAL REVENUE $280,316

Expense Breakdown

Grants Paid $0
Salaries & Benefits $142,700
Fundraising Expenses $22,254
Program Expenses $179,304
Other Expenses $84,519
TOTAL EXPENSES $227,219

Year-over-Year Comparison

2024 2023 Change
Revenue $280,316 $243,316 +0.2%
Expenses $227,219 $210,074 +0.1%
Net Income $53,097 $33,242 +0.6%
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
8
Independent Members
8
Employees
5
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
0
$0
Total Directors
9
$69,749
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JANICE WIGGINS EXECUTIVE DI 27.00
Director
$69,749 $0 $69,749
JANINE AZZI DIRECTOR N/A
Director
$0 $0 $0
GEORGIA CARRINGTON DIRECTOR N/A
Director
$0 $0 $0
KATHRYN EGENBERGER DIRECTOR N/A
Director
$0 $0 $0
MARGARET KATKOCIN TREASURER N/A
Director
$0 $0 $0
ROBERT PECKHAM DIRECTOR N/A
Director
$0 $0 $0
REBECCA WADE RANCOURT SECRETARY N/A
Director
$0 $0 $0
LINDA WAGNER PRESIDENT N/A
Director
$0 $0 $0
MURDINA WRIGHT VICE PRESIDE N/A
Director
$0 $0 $0
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 $280,316 $227,219 $342,416 $53,097
2024 $243,316 $210,074 $243,785 $33,242
2023 $214,062 $190,457 $211,548 $23,605
2022 $221,307 $178,018 $204,157 $43,289
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