RENEW INDIANAPOLIS INC F/K/A THE L… - Form 990 Financial Data

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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

2010

Legal Domicile

Principal Officer

STEVEN A MEYER

Phone

3179248116

Tax Period

2020-01-01 to 2020-01-01

Mission

TO RETURN VACANT AND ABANDONED PROPERTY TO PRODUCTIVE USE IN THE CITY OF INDIANAPOLIS, INDIANA

Program Service Accomplishments

Program 1

EFFECTIVE JANUARY 1, 2020, THE ORGANIZATION MERGED OPERATIONS WITH KING PARK DEVELOPMENT CORPORATION, WHICH IS A COMMUNITY DEVELOPMENT CORPORATION DEVOTED TO IMPROVING THE QUALITY OF LIFE IN THE...

EFFECTIVE JANUARY 1, 2020, THE ORGANIZATION MERGED OPERATIONS WITH KING PARK DEVELOPMENT CORPORATION, WHICH IS A COMMUNITY DEVELOPMENT CORPORATION DEVOTED TO IMPROVING THE QUALITY OF LIFE IN THE INDIANAPOLIS, INDIANA COMMUNITY, LENDING TO BUSINESSES IN INDIANAPOLIS DESIGNED TO FOSTER ECONOMIC DEVELOPMENT, AND LENDING TO AFFORDABLE HOUSING PROJECTS IN INDIANAPOLIS. THE MERGED ENTITY INCLUDES EMPLOYEES AND BOARD MEMBERS OF BOTH THE ORGANIZATION AND KING PARK DEVELOPMENT CORPORATION AS WELL AS THE ACCOUNTS AND OPERATIONS OF BOTH ENTITIES. THE SURVIVING ENTITY RETAINED THE NAME RENEW INDIANAPOLIS, INC.

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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 (2020)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $0

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $0

TOTAL EXPENSES $0

Year-over-Year Comparison

	2020	2019	Change
Revenue	N/A	$2,113,746	-1.0%
Expenses	N/A	$1,545,591	-1.0%
Net Income	N/A	$568,155	N/A

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

N/A

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	Role	Reportable Comp	Other Comp	Total
GARETH KUHL	PRESIDENT	Officer Director	$0	$0	$0
JANINE BETSEY	VICE PRESIDENT	Officer Director	$0	$0	$0
MARK YOUNG	DIRECTOR	Director	$0	$0	$0
TEDD GRAIN	DIRECTOR	Director	$0	$0	$0
ESTHER CARTER-DAY	TREASURER	Officer Director	$0	$0	$0
MEREDITH BRICKELL	DIRECTOR	Director	$0	$0	$0
JEFF HASSER	DIRECTOR	Director	$0	$0	$0
JENNIFER GREEN	DIRECTOR	Director	$0	$0	$0
PATRICIA GAMBLE-MOORE	DIRECTOR	Director	$0	$0	$0
TODD COOK	DIRECTOR	Director	$0	$0	$0
ZACK ADAMSON	DIRECTOR	Director	$0	$0	$0
BRUCE BAIRD	EXECUTIVE DIRECTOR	Officer	$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
2020	No data	No data	No data	No data
2019	$2,113,746	$1,545,591	$1,924,354	$568,155
2018	$1,549,447	$1,965,427	$2,338,280	$-415,980

RENEW INDIANAPOLIS INC F/K/A THE LAND BANK OF INDIANAPOLIS INC