WEST BALTIMORE RENAISSANCE FOUNDATION INC

EIN: 843355332 501(c)(3)

BALTIMORE, MD

Total Revenue
$8,776,141
Total Expenses
$6,613,863
Total Assets
$45,500,435
Net Assets
$16,395,719
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2019
Legal Domicile
MD
Principal Officer
KURT SOMMER
Phone
4106015653
Tax Period
2023-07-01 to 2024-06-30

WEST BALTIMORE RENAISSANCE FOUNDATION INC, founded in 2019, is a community nonprofit that reported $8.8M in total revenue in fiscal year 2023. The organization ran a surplus of $2.2M, a strong 25% operating margin.

Mission

TO EMPOWER WEST BALTIMORE RESIDENTS AND COMMUNITIES THROUGH STRATEGIC INVESTMENTS THAT EXPAND SERVICES, AMENITIES, AND OPPORTUNITIES THAT LEAD TO LASTING IMPACT ON HEALTH AND QUALITY OF LIFE.

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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 $8,856,684
Program Service Revenue $0
Investment Income $0
Other Revenue $-80,543
TOTAL REVENUE $8,776,141

Expense Breakdown

Grants Paid $6,117,382
Salaries & Benefits $320,833
Fundraising Expenses $0
Program Expenses $6,531,933
Other Expenses $175,648
TOTAL EXPENSES $6,613,863

Year-over-Year Comparison

2023 2022 Change
Revenue $8,776,141 $8,866,626 0.0%
Expenses $6,613,863 $5,784,701 +0.1%
Net Income $2,162,278 $3,081,925 -0.3%
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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Governance

Voting Members
7
Independent Members
4
Employees
N/A
Volunteers
4

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
6
$9,410,500
Total Directors
10
$6,258,893
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
NEIL MELTZER CHAIRMAN 1.0
Officer Director
$0 $51,240 $3,866,428
LESLIE SIMMONS BOARD CHAIR (EVP & COO OF LBH) 1.0
Officer Director
$0 $121,087 $1,868,566
DAVID KRAJEWSKI TREASURER (CFO AND EVP, LBH) 1.0
Officer
$0 $46,300 $1,776,381
JASON WEINER SECRETARY(GEN COUN & SVP, LBH) 1.0
Officer
$0 $205,528 $1,207,976
AMY SHLOSSMAN PRES (PRES SHB, GMC, SVP LBH) 1.0
Officer Director
$0 $34,544 $523,899
DANIEL BLUM FORMER PRESIDENT 1.0
$0 $1,642 $200,515
KURT SOMMER EXECUTIVE DIRECTOR 40.0
Officer
$163,899 $3,351 $167,250
LETITIA DZIRASA MD DIRECTOR 1.0
Director
$0 $0 $0
EDITH GILLIARD-CANTY COMMUNITY DIRECTOR 1.0
Director
$0 $0 $0
MARK MARTIN PHD DIRECTOR 1.0
Director
$0 $0 $0
SR MARY SHIMO DIRECTOR 1.0
Director
$0 $0 $0
CHARLES JACKSON HEALTH EQUITY DIRECTOR 1.0
Director
$0 $0 $0
CAMILE BLAKE FALL DIRECTOR 1.0
Director
$0 $0 $0
REBECCA ALTMAN DIRECTOR 1.0
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
2025 No data No data No data No data
2024 $8,776,141 $6,613,863 $45,500,435 $2,162,278
2023 $8,866,626 $5,784,701 $36,258,035 $3,081,925
2022 $8,794,484 $4,908,999 $21,734,087 $3,885,485
2021 $6,716,632 $2,612,975 $9,979,060 $4,103,657
2020 $2,758,118 $39,946 $2,960,372 $2,718,172
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