Renaissance West Community Initiative (EIN 271396021) - Form 990 Financial Analysis & Trantor Score

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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

2009

Legal Domicile

Principal Officer

William McDonald

Tax Period

2024-01-01 to 2024-12-31

Renaissance West Community Initiative, founded in 2009, is a community nonprofit in the Education sector that reported $2.4M in total revenue in fiscal year 2024. Revenue surged 33% from the prior year, signaling strong growth momentum. Expenses of $6.5M exceeded revenue, resulting in a 168% operating deficit.

Mission

To promote a collaborative community centered on quality housing, education, health, wellness, & opportunity.

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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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $2,279,966

Program Service Revenue $0

Investment Income $87,845

Other Revenue $36,961

TOTAL REVENUE $2,404,772

Expense Breakdown

Grants Paid $318,866

Salaries & Benefits $1,971,861

Fundraising Expenses $334,281

Program Expenses $2,199,856

Other Expenses $4,164,785

TOTAL EXPENSES $6,455,512

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,404,772	$1,801,410	+0.3%
Expenses	$6,455,512	$2,941,265	+1.2%
Net Income	$-4,050,740	$-1,139,855	+2.6%

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

Governance

Voting Members

Independent Members

Employees

Volunteers

200

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

$170,238

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
William M McDonald Jr	CEO	40.00	Officer	$150,758	$19,480	$170,238
Laura Colson McLean	COO	40.00		$101,764	$11,178	$112,942
Trent Legare	Chairman	1.00	Officer Director	$0	$0	$0
Renee Kosofsky	Member	1.00	Director	$0	$0	$0
Clare Jansson	Member	1.00	Director	$0	$0	$0
Stuart Sherrill	Vice Chariman	1.00	Officer Director	$0	$0	$0
Dante Anderson	Member	1.00	Director	$0	$0	$0
Crystal Byrd	Member	1.00	Director	$0	$0	$0
Venton Bell Jr	Member	1.00	Director	$0	$0	$0
Michelle Elam	Sr. Director	1.00	Officer Director	$0	$0	$0
Mark Ethridge	Member	1.00	Director	$0	$0	$0
Anthony Fox	Member	1.00	Director	$0	$0	$0
Haley Gentry	Member	1.00	Director	$0	$0	$0
Matt Hawkins	Member	1.00	Director	$0	$0	$0
David Howard	Member	1.00	Director	$0	$0	$0
Cindy Praeger	Member	1.00	Director	$0	$0	$0
Robin Stuart	Member	1.00	Director	$0	$0	$0
Jessie Wei	Member	1.00	Director	$0	$0	$0
Jequetta Caldwell	Member	1.00	Director	$0	$0	$0
Curtis Carroll	Member	1.00	Director	$0	$0	$0
Homiar Hathiram	Member	1.00	Director	$0	$0	$0
William Hodges	Member	1.00	Director	$0	$0	$0
Stuart Sherrill	Treasurer	1.00	Officer 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
2024	$2,404,772	$6,455,512	$8,621,103	$-4,050,740
2023	$1,801,410	$2,941,265	$8,210,099	$-1,139,855
2022	$2,280,149	$2,788,660	$9,385,480	$-508,511
2021	$4,133,933	$1,975,274	$9,550,833	$2,158,659
2020	$2,152,414	$2,042,143	$7,289,659	$110,271
2019	$1,544,163	$2,545,159	$7,193,467	$-1,000,996
2018	$3,113,863	$2,607,843	$8,352,707	$506,020

Renaissance West Community Initiative