Renaissance Entrepreneurship Center

EIN: 942793122 501(c)(3) Community Improvement

San Francisco, CA

Total Revenue
$7,685,266
Total Expenses
$7,998,084
Total Assets
$4,779,465
Net Assets
$2,119,902
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1985
Legal Domicile
CA
Principal Officer
Sharon Miller
Phone
4155418580
Tax Period
2023-01-01 to 2023-12-31

Renaissance Entrepreneurship Center, founded in 1985, is a community nonprofit in the Community Improvement sector that reported $7.7M in total revenue in fiscal year 2023. Revenue surged 38% from the prior year, signaling strong growth momentum.

Mission

Renaissance's mission is to transform lives and communities through entrepreneurship.

Program Service Accomplishments

Program 1
Expenses: $2,711,078 Revenue: $32,620

Renaissance Peninsula: In 2023, Renaissance Peninsula, which covers San Mateo, Santa Clara and Unincorporated Alameda Counties, served 1,380 individuals, 71% of whom were lower-income, 78% were...

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Renaissance Peninsula: In 2023, Renaissance Peninsula, which covers San Mateo, Santa Clara and Unincorporated Alameda Counties, served 1,380 individuals, 71% of whom were lower-income, 78% were people of color, and 70% were women. Our services had a mixture of online and in-person training. Our online training continues to be highly effective for clients who are skilled in using technology and have appropriate access to technology. We trained in technology basics (how to use Zoom, email, Google Classroom) and provided Chromebooks to individuals who rely solely on their phones for internet access. 759 businesses were served, and businesses received $1,580,635 in business capital.

Program 2
Expenses: $1,432,119 Revenue: $297,144

Renaissance SoMa - South of Market, San Francisco: Home to Renaissance's Women's Business Center, a partnership with the U.S. Small Business Administration, and our largest entrepreneurial community...

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Renaissance SoMa - South of Market, San Francisco: Home to Renaissance's Women's Business Center, a partnership with the U.S. Small Business Administration, and our largest entrepreneurial community - 20 small businesses and community-serving organizations. In 2023, Renaissance SoMa & WBC continued to expand our resources and outreach to support local entrepreneurs and small businesses. We hosted numerous online classes, workshops, and events focused on various aspects of business development. Our offerings included sessions on business planning, marketing strategies, financial management, bookkeeping best practices, management and operations, accessing capital, leveraging e-commerce and digital tools, as well as many networking opportunities.

Program 3
Expenses: $1,135,837 Revenue: $36,900

Renaissance Bayview: In 2023, Renaissance continued to provide virtual and in-person business support services to aspiring and emerging entrepreneurs in Bayview Hunters Point, one of the most...

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Renaissance Bayview: In 2023, Renaissance continued to provide virtual and in-person business support services to aspiring and emerging entrepreneurs in Bayview Hunters Point, one of the most marginalized and under-resourced communities in the San Francisco Bay Area that was significantly impacted by the pandemic. Through our Contractors Initiative, Renaissance Bayview worked intensively with minority and women-owned small construction businesses, delivering training and mentoring support, while helping small business owners secure contracts that created quality jobs for residents in the community. We also provided business support services to brick-and-mortar retail businesses throughout the city with a primary focus on the diverse communities of Fillmore, Visitacion Valley and Bayview Hunters Point.

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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 $7,307,403
Program Service Revenue $368,164
Investment Income $446
Other Revenue $9,253
TOTAL REVENUE $7,685,266

Expense Breakdown

Grants Paid $6,000
Salaries & Benefits $4,054,545
Fundraising Expenses $248,134
Program Expenses $6,073,637
Other Expenses $3,937,539
TOTAL EXPENSES $7,998,084

Year-over-Year Comparison

2023 2022 Change
Revenue $7,685,266 $5,570,660 +0.4%
Expenses $7,998,084 $6,354,842 +0.3%
Net Income $-312,818 $-784,182 -0.6%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
12
Independent Members
12
Employees
60
Volunteers
100

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
5
$202,227
Total Directors
17
$0
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Alison Davis Board Chair 1.00
Officer Director
$0 $0 $0
Craig Jacoby Vice Chair 1.00
Officer Director
$0 $0 $0
Melissa Boyd Secretary 1.00
Officer Director
$0 $0 $0
Karly Wang Treasurer 1.00
Officer Director
$0 $0 $0
Meghan Butler Board Member (End 01/23) 1.00
Director
$0 $0 $0
Gary Cookhorn Board Member (Start 07/23) 1.00
Director
$0 $0 $0
Yasmin Eichmann Datta Board Member 1.00
Director
$0 $0 $0
Emily Rose Frederiksen Board Member (End 01/23) 1.00
Director
$0 $0 $0
Munish Ghandi Board Member 1.00
Director
$0 $0 $0
Heidi Gibson Board Member 1.00
Director
$0 $0 $0
Neal Gottlieb Board Member 1.00
Director
$0 $0 $0
Vishal Karir Board Member (End 01/23) 1.00
Director
$0 $0 $0
Philip Koblis Board Member 1.00
Director
$0 $0 $0
Richard McCline Board Member 1.00
Director
$0 $0 $0
Goro Mitchell Board Member (End 10/23) 1.00
Director
$0 $0 $0
Duncan Logan Board Member (End 11/23) 1.00
Director
$0 $0 $0
Sandor Straus Board Member 1.00
Director
$0 $0 $0
Sharon Miller CEO 35.00
Officer
$188,055 $14,172 $202,227
Lisa Kirvin Managing Director 35.00
Highest
$134,206 $15,637 $149,843
Douglas House Finance Director 35.00
Highest
$117,432 $13,451 $130,883
Tim Russell Peninsula Regional Director 35.00
Highest
$106,100 $29,367 $135,467
Marcus Tartt Bayview Center Director 35.00
Highest
$116,162 $2,262 $118,424
Lucero DeLeon SoMa/WBC Director 35.00
Highest
$112,909 $9,729 $122,638
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 $7,685,266 $7,998,084 $4,779,465 $-312,818
2022 $5,570,660 $6,354,842 $5,425,839 $-784,182
2021 $7,123,665 $5,463,656 $5,879,123 $1,660,009
2020 $7,896,941 $7,555,165 $4,983,472 $341,776
2019 $4,367,608 $3,710,538 $3,589,221 $657,070
2018 $3,667,032 $3,219,057 $3,218,500 $447,975
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