Renu Foundation
- Assets
- $1.1m
- Revenue
- $67.7k
- Investments
- $0.0
- Employees
- 0
- Location
- Terrell, TX
- Founding
- 03/2007
- Data as of
- 12/2022
- EIN
- 20-5203331
Organization Overview
Renu Foundation, operating under the name American Gallery Homes Renu Corporation, is located in Terrell, TX. The organization was established in 2007. According to its NTEE Classification (P80) the organization is classified as: Centers to Support the Independence of Specific Populations, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. American Gallery Homes Renu Corporation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, American Gallery Homes Renu Corporation generated $67.7k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 23.9% each year . All expenses for the organization totaled $59.8k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
REPURPOSE LIVES MATERIALS AND COMMUNITIES TO DEVELOP SUSTAINABLE LIFE-SKILLS AND GREENER BACK TO NATURE METHODS FOR US ALL
Describe the Organization's Program Activity:
Part 3 - Line 4a
LIFE BUILDER PROGRAM: RENU FOUNDATION'S CHARITABLE PROGRAM TO PROVIDE JOB SKILLS TRAINING TEMPORARY HOUSING AND OTHER COSOT OF LIVING ASSISTNACE TO RETURING VETERANS RECENTLY INCARCERATED DESTITUTE HOMELESS AND SIMILAR INDIVIDUALS REQUIRING ASSISTANCE.
LIFE SKILLS PROGRAM: RENU FOUNDATION'S CHARITABLE PROGRAM TO PROVIDE EDUCATION COMMUNICATION SKILLS AND ASSISTANCE WITH HEALTHY LIFE STYLE CHANGES INCLUDING NUTRITIONAL AGRICULTURAL AND ANIMAL HUSBANDRY WHILE PROMOTING SELF ASSURANCE AND SELF RELIANCE
CUBIT CAMPAIGN: RENU FOUNDAITON'S ON GOING GENERAL FUNDRAISING CAMPAIGN SELLING CONSTRUCTION PRODUCTS AND SERVICES ALONG WITH TINY HOMES AND CUBITS TO CREATE JOB TRAINING OPPORTUNITIES AFFORDABLE HOUSING SOLUTIONS ACCORDING THE THE HOUSING MANDATES CREATED BY THE FOUNDATION
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kirk Melton Executive Director | OfficerTrustee | 60 | $0 |
Kathrine Melton Secretary Tresurer | Officer | 15 | $0 |
Dr Ingrid Arnold Director | Trustee | 3 | $0 |
Sr Dist Judge Vic Cunningham Director | Trustee | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $6,716 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $6,716 |
| Total Program Service Revenue | $61,000 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $67,716 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $3,152 |
| Fees for services: Legal | $1,000 |
| Fees for services: Accounting | $3,346 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $3,274 |
| Information technology | $383 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $1,225 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $5,845 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $11,921 |
| Insurance | $1,346 |
| All other expenses | $1,100 |
| Total functional expenses | $59,812 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $339 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $1,000 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $438,227 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $631,745 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,071,311 |
| Accounts payable and accrued expenses | $364,875 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $186,965 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $551,840 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $519,471 |
| Total liabilities and net assets/fund balances | $1,071,311 |