PARK HEIGHTS RENAISSANCE INC

EIN: 770673126 501(c)(3) Community Improvement

BALTIMORE, MD

Total Revenue
$5,012,846
Total Expenses
$4,829,961
Total Assets
$4,045,084
Net Assets
$3,012,520
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2007
Legal Domicile
MD
Principal Officer
WILL PASS
Phone
4106644890
Tax Period
2023-07-01 to 2024-06-30

PARK HEIGHTS RENAISSANCE INC, founded in 2007, is a community nonprofit in the Community Improvement sector that reported $5.0M in total revenue in fiscal year 2023. Revenue grew 18% year-over-year, indicating healthy expansion. Expenses of $4.8M left a modest 4% surplus.

Mission

THE MISSION OF PARK HEIGHTS RENAISSANCE (PHR) IS TO IMPLEMENT THE BALTIMORE CITY PARK HEIGHTS MASTER PLAN WHERE LAND AND ECONOMIC DEVELOPMENT, ALONGSIDE HUMAN DEVELOPMENT, ARE TRANSFORMATIVE INFLUENCES IN THE REVIVAL OF A THRIVING AND SUSTAINABLE COMMUNITY.

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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 (2023)

Revenue Breakdown

Contributions & Grants $4,657,831
Program Service Revenue $336,378
Investment Income $14,086
Other Revenue $4,551
TOTAL REVENUE $5,012,846

Expense Breakdown

Grants Paid $0
Salaries & Benefits $2,358,543
Fundraising Expenses $373,795
Program Expenses $3,338,347
Other Expenses $2,471,418
TOTAL EXPENSES $4,829,961

Year-over-Year Comparison

2023 2022 Change
Revenue $5,012,846 $4,253,902 +0.2%
Expenses $4,829,961 $3,722,037 +0.3%
Net Income $182,885 $531,865 -0.7%
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

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Liquidity & Cash Position

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Governance

Voting Members
15
Independent Members
14
Employees
62
Volunteers
15

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
7
$507,334
Total Directors
16
$202,898
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KEVIN SEAWRIGHT BOARD CHAIR 20.00
Officer Director
$0 $0 $0
ELLEN PARKER VICE CHAIR 20.00
Officer Director
$0 $0 $0
VACARRO M WATSON SECRETARY 20.00
Officer Director
$0 $0 $0
JOHN MUCHAI TREASURER 20.00
Officer Director
$0 $0 $0
SHARON GREEN-MIDDLETON EX-OFFICIO 5.00
Director
$0 $0 $0
ARTHUR HILL III BOARD MEMBER 5.00
Director
$0 $0 $0
DEBORAH WOOLFORD BOARD MEMBER 5.00
Director
$0 $0 $0
OLIVIA DFARROW ESQ BOARD MEMBER 5.00
Director
$0 $0 $0
TEREINA GALLOWAY BOARD MEMBER 5.00
Director
$0 $0 $0
SABRINA TAPP-HARPER BOARD MEMBER 5.00
Director
$0 $0 $0
JEFF CHERRY BOARD MEMBER 5.00
Director
$0 $0 $0
VENROY JULY BOARD MEMBER 5.00
Director
$0 $0 $0
PETER LEE BOARD MEMBER 5.00
Director
$0 $0 $0
LUCINDA WARE BOARD MEMBER 5.00
Director
$0 $0 $0
SAM HARRIS BOARD MEMBER 5.00
Director
$0 $0 $0
YOLANDA JIGGETTS PRESIDENT/CEO 40.00
Officer Director
$202,898 $0 $202,898
DEDRA LAYNE CHIEF OPERATING OFFICER 40.00
Officer
$147,237 $0 $147,237
WILL PASS CHIEF FINANCIAL OFFICER 40.00
Officer
$157,199 $0 $157,199
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 No data No data No data No data
2024 $5,012,846 $4,829,961 $4,045,084 $182,885
2023 $4,253,902 $3,722,037 $3,591,779 $531,865
2022 $4,268,650 $3,647,527 $3,192,533 $621,123
2021 $3,612,364 $2,825,946 $2,421,947 $786,418
2020 $1,867,787 $1,904,732 $1,710,350 $-36,945
2020 $1,879,135 $1,901,689 $2,036,076 $-22,554
2019 $1,832,614 $1,990,946 $1,665,516 $-158,332
2019 $1,953,213 $2,002,079 $1,664,951 $-48,866
2018 $2,118,199 $1,665,617 $1,917,636 $452,582
2018 $2,115,199 $1,636,020 $2,502,428 $479,179
2017 $2,526,807 $1,967,632 $2,346,254 $559,175
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