Renaissance Social Services Inc (EIN 363900116) - 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

1993

Legal Domicile

Principal Officer

Michael Banghart

Phone

7736458900

Tax Period

2023-01-01 to 2023-12-31

Renaissance Social Services Inc, founded in 1993, is a community nonprofit in the Human Services sector that reported $8.2M in total revenue in fiscal year 2023. Revenue grew 16% year-over-year, indicating healthy expansion. Expenses of $7.9M left a modest 4% surplus.

Mission

Develop low-income residential facilities & address needs of individuals in these facilities.

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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 (2023)

Revenue Breakdown

Contributions & Grants $6,563,848

Program Service Revenue $1,628,761

Investment Income $0

Other Revenue $13,624

TOTAL REVENUE $8,206,233

Expense Breakdown

Grants Paid $3,177,630

Salaries & Benefits $3,875,850

Fundraising Expenses $191,536

Program Expenses $7,199,161

Other Expenses $847,662

TOTAL EXPENSES $7,901,142

Year-over-Year Comparison

	2023	2022	Change
Revenue	$8,206,233	$7,065,789	+0.2%
Expenses	$7,901,142	$7,374,187	+0.1%
Net Income	$305,091	$-308,398	-2.0%

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

Governance

Voting Members

Independent Members

Employees

107

Volunteers

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

$158,789

Total Directors

$158,789

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Susan Schierl Sullivan	President	2.00	Officer Director	$0	$0	$0
Danny Gutman	Treasurer	2.00	Officer Director	$0	$0	$0
Michelle Sablack	Secretary	2.00	Officer Director	$0	$0	$0
Bria Scudder	Co-Vice President	1.00	Officer Director	$0	$0	$0
Ellen Valles	Co-Vice President	1.00	Officer Director	$0	$0	$0
Evelyn Barnes	Participant Representative	1.00	Officer Director	$0	$0	$0
Anh Nguyen	Director	1.00	Director	$0	$0	$0
Danny Jisa	Director	1.00	Director	$0	$0	$0
Jim Scudder	Director	1.00	Director	$0	$0	$0
Johnny Pesenti	Director	1.00	Director	$0	$0	$0
Mark Abbott	Director	1.00	Director	$0	$0	$0
Mindy Wade	Director	1.00	Director	$0	$0	$0
Richard Day	Director	1.00	Director	$0	$0	$0
Todd D McCrainey Jr	Director	1.00	Director	$0	$0	$0
Michael Banghart	Executive Director	40.00	Officer Director	$120,201	$38,588	$158,789

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	No data	No data	No data	No data
2023	$8,206,233	$7,901,142	$2,467,925	$305,091
2022	$7,065,789	$7,374,187	$2,571,863	$-308,398
2021	$6,632,596	$6,355,753	$2,138,317	$276,843
2020	$5,214,351	$5,155,327	$1,447,017	$59,024
2019	$4,853,045	$4,539,565	$823,200	$313,480
2019	$4,953,045	$4,717,240	$630,526	$235,805
2018	$3,910,044	$3,815,983	$387,882	$94,061

Renaissance Social Services Inc