RENAISSANCE CREATIONS

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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

2018

Legal Domicile

Principal Officer

BRUCE CHARLES

Phone

8656603153

Tax Period

2024-01-01 to 2024-12-31

RENAISSANCE CREATIONS, founded in 2018, is a small nonprofit in the Community Improvement sector that reported $470K in total revenue in fiscal year 2024. Revenue grew 10% year-over-year, indicating healthy expansion.

Mission

TO SEEK PEACE IN THE CITY BY RESTORING BLIGHTED HOMES

Program Service Accomplishments

Program 1

Expenses: $368,120 Revenue: $308,262

TO SEEK THE PEACE OF THE CITY BY RESTORING BLIGHTED HOMES AND STRENGTHENING NEIGHBORHOOD COMMUNITIES IN KNOXVILLE.

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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 $156,447

Program Service Revenue $308,666

Investment Income $2,931

Other Revenue $2,100

TOTAL REVENUE $470,144

Expense Breakdown

Grants Paid $0

Salaries & Benefits $335,536

Fundraising Expenses $38,475

Program Expenses $368,120

Other Expenses $128,773

TOTAL EXPENSES $464,309

Year-over-Year Comparison

	2024	2023	Change
Revenue	$470,144	$427,594	+0.1%
Expenses	$464,309	$511,115	-0.1%
Net Income	$5,835	$-83,521	-1.1%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JACK BENDER	DIRECTOR	N/A	Director	$0	$0	$0
BRUCE CHARLES	TREASURER	N/A	Officer Director	$0	$0	$0
MIKE CROWDER	PRESIDENT	N/A	Officer Director	$0	$0	$0
DENISE HOOD	VICE PRESIDE	N/A	Officer Director	$0	$0	$0
RICK KUHLMAN	DIRECTOR	N/A	Director	$0	$0	$0
WILL LITTLEJOHN	DIRECTOR	N/A	Director	$0	$0	$0
DANIEL ODLE	DIRECTOR	N/A	Director	$0	$0	$0
GREGOR SMEE	SECRETARY	N/A	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	$470,144	$464,309	$503,852	$5,835
2023	$427,594	$511,115	$127,945	$-83,521
2022	$547,936	$394,931	$174,096	$153,005
2021	$312,918	$383,994	$52,929	$-71,076
2021	$312,918	$432,304	$4,619	$-119,386
2020	$362,577	$432,200	$8,246	$-69,623