THE BRONZEVILLE RENAISSANCE PROJECT

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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

2022

Legal Domicile

Phone

2245312300

Tax Period

2024-07-01 to 2025-06-30

THE BRONZEVILLE RENAISSANCE PROJECT, founded in 2022, is a micro nonprofit in the Arts, Culture & Humanities sector that reported $50K in total revenue in fiscal year 2024.

Mission

Bronzeville Renaissance is a community development project that will utilize local economic interests and integrate finance and marketing into the area. We envision a vibrant and scenic nightlife with a new state-of-the-art theater, museum. Accompanied by residential housing, with amenities like parking and a hotel for visiting artists.

Program Service Accomplishments

Program 1

Expenses: $0 Revenue: $0

The Bronzeville Renaissance Project and will serve as our central performing arts venue with construction underway. The physical aspects of our plan are bold and carefully considered: a modern...

The Bronzeville Renaissance Project and will serve as our central performing arts venue with construction underway. The physical aspects of our plan are bold and carefully considered: a modern theatre complex featuring a 330-seat multi-level, flexible performance stage; a second more intimate 85-seat boutique theater; and related areas, such as rehearsal spaces, dressing rooms, offices, and outdoor gathering spaces.

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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 $50,009

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $50,009

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $49,950

Program Expenses $0

Other Expenses $49,995

TOTAL EXPENSES $49,995

Year-over-Year Comparison

	2024	2023	Change
Revenue	$50,009	N/A	N/A
Expenses	$49,995	$1,755	+27.5%
Net Income	$14	$-1,755	-1.0%

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
HARRY J LENNIX	PRESIDENT	5.00	Officer Director	$0	$0	$0
MICHAEL WORDLAW	VICE PRESIDENT	5.00	Officer Director	$0	$0	$0
TARON PATTON	SECRETARY	10.00	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
2025	$50,009	$49,995	No data	$14
2024	No data	No data	No data	No data
2023	No data	No data	No data	No data