RENEW DEMOCRACY FOUNDATION

EIN: 933474414 501(c)(3) Education

Washington, DC

Total Revenue
$260,000
Total Expenses
$63,567
Total Assets
$196,433
Net Assets
$196,433
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2023
Legal Domicile
DC
Principal Officer
Mark Henson
Phone
7033070806
Tax Period
2023-07-01 to 2024-06-30

RENEW DEMOCRACY FOUNDATION, founded in 2023, is a small nonprofit in the Education sector that reported $260K in total revenue in fiscal year 2023. The organization ran a surplus of $196K, a strong 76% operating margin.

Mission

The ReNew Democracy Foundation seeks to open doors for new voices from across the country who want to make a difference in pragmatic, solutions-oriented, center-left congressional offices by supporting these future leaders with educational development opportunities, mentorship and professional networking through the ReNew Democracy Fellowship, a nine-month paid fellowship in a solutions-oriented pragmatic congressional office. The Foundation seeks to support the development of future civic leaders with mentorship, education and policymaking experience so they in turn can benefit their communities. During the initial founding year, the ReNew Democracy Foundation designed the application process and recruited applicants from communities underrepresented among Congressional staff, including first-generation college graduates and first generation Americans for nine-month paid fellowships with the U.S. House of Representatives. During the initial founding year, the Foundation raised awareness of the new fellowship program and its mission among key stakeholders to set the stage for success for its initial cohort.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $260,000
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $260,000

Expense Breakdown

Grants Paid $0
Salaries & Benefits $10,000
Fundraising Expenses $0
Program Expenses $20,000
Other Expenses $53,567
TOTAL EXPENSES $63,567

Year-over-Year Comparison

2023 2022 Change
Revenue $260,000 N/A N/A
Expenses $63,567 N/A N/A
Net Income $196,433 $0 N/A
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
9
Independent Members
N/A
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
3
$10,000
Total Directors
6
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Mark Henson Interim Executive Dir. 0
Officer
$10,000 $0 $10,000
Linda Shim Trustee 0
Director
$0 $0 $0
Mary Beth Stanton Trustee 0
Director
$0 $0 $0
Dana Gresham Trustee 0
Director
$0 $0 $0
Courtney Lee-Ashley Trustee 0
Director
$0 $0 $0
Kim Afoakwah Trustee 0
Director
$0 $0 $0
Anais Carmona Trustee 0
Director
$0 $0 $0
John Michael Gonzalez John Michael Gonzalez 0
Officer
$0 $0 $0
Kate Winkler Treasurer 0
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
2025 No data No data No data No data
2024 $260,000 $63,567 $196,433 $196,433
Explore More Nonprofits
Top 100 Nonprofits in District of Columbia Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare RENEW DEMOCRACY FOUNDATION with other nonprofits in District of Columbia and across the country.