RENAISSANCE OF HOPE INC

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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

2021

Legal Domicile

Principal Officer

Andrew Merritt

Phone

2484676562

Tax Period

2023-01-01 to 2023-12-31

RENAISSANCE OF HOPE INC, founded in 2021, is a community nonprofit in the Housing & Shelter sector that reported $1.4M in total revenue in fiscal year 2023. Revenue surged 135% from the prior year, signaling strong growth momentum. The organization ran a surplus of $468K, a strong 34% operating margin.

Mission

TO SPREAD THE WORD OF JESUS CHRIST

Program Service Accomplishments

Program 1

Expenses: $887,506 Revenue: $1,387,767

TO SPREAD THE GOSPEL OF JESUS CHRIST, OUR LORD AND SAVIOR, THROUGH PREACHING, TEACHING, PRINTED MATERIALS AND ANY OTHER MEDIA AVAILABLE

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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 $1,387,767

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $1,387,767

Expense Breakdown

Grants Paid $0

Salaries & Benefits $124,685

Fundraising Expenses $0

Program Expenses $887,506

Other Expenses $795,298

TOTAL EXPENSES $919,983

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,387,767	$590,000	+1.4%
Expenses	$919,983	$115,300	+7.0%
Net Income	$467,784	$474,700	0.0%

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

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Bishop Andrew Merritt	President	20.00	Director	$0	$0	$0
David Merritt	Secretary	2.00	Officer Director	$0	$0	$0
Jonathan Merritt	Vice President	2.00	Officer Director	$0	$0	$0
Viveca Merritt	Treasurer	2.00	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	No data	No data	No data	No data
2023	$1,387,767	$919,983	$757,601	$467,784
2022	$590,000	$115,300	$500,171	$474,700