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 future of our democracy and the economy it shapes depends on enacting bold policies that reflect the input and perspective of the diversity of our communities. Unfortunately, too many qualified, potential leaders are blocked by systemic barriers from ever having the chance to work in the halls of Congress. The ReNew Democracy Foundation seeks to open doors for new underrepresented voices from across the country who want to learn about democracy, Congress, pragmatic policy-making and ensuring their communities? interests are heard.

Program Service Accomplishments

Program 1
Expenses: $20,000 Revenue: $0

During the Foundation's first year, we successfully developed a thorough and accessible application process for our fellowship that discussed the educational benefits, pay structure and overall...

Read more

During the Foundation's first year, we successfully developed a thorough and accessible application process for our fellowship that discussed the educational benefits, pay structure and overall support that facilitated an equitable recruitment process and elicited applicant's approaches to public service, pragmatic policy-making, and unique perspectives they wanted to bring forward. Further, through an extensive recruitment process, the Foundation had over 250 applicants for five fellowships from all of the United States, including percentages of underrepresented communities that exceeded their national proportion, as well as attracted the interest of a dozen Member offices interested in hosting a fellow. The Foundation then conducted an extensive selection process, beginning with a metric-based evaluation of all applicants' ability to succeed, build resilience, creatively engage in the policy-making process, and eloquently present their ideas, followed by an interview process with multiple participants and redundancies to reduce personal bias and judge applicants by their capacity to succeed learning about pragmatic policy. At the conclusion of the Foundation's first fiscal year, we had selected five candidates to match with congressional offices.

🔒

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.