Renaissance Fund Nfp
- Assets
- $7.6m
- Revenue
- $384.2k
- Investments
- $6.9m
- Employees
- 0
- Location
- Chicago, IL
- Founding
- 12/2019
- Data as of
- 12/2021
- EIN
- 84-2952123
Organization Overview
Renaissance Fund Nfp is located in Chicago, IL. The organization was established in 2019. According to its NTEE Classification (O99) the organization is classified as: Youth Development N.E.C., under the broad grouping of Youth Development and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Renaissance Fund Nfp 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 12/2021, Renaissance Fund Nfp generated $384.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (61.8%) each year. All expenses for the organization totaled $1.2m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Renaissance Fund Nfp has awarded 127 individual grants totaling $2,211,685. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Steven M Laduzinsky President | 40 | $150,000 | |
Wesley A Stinich Vice President | 20 | $40,000 | |
Ann M Karavitis Treasurer | 20 | $31,000 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Pedersen & Houpt | 12/30/19 | $94,443 |
Leinenweber Baroni Daffada Llc | 12/30/19 | $57,181 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $884 |
| Dividends & Interest | $163,467 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $219,866 |
| Capital Gain Net Income | $219,866 |
| Net ST Capital Gain | $219,866 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $384,217 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $221,000 |
| Other employee salaries and wages | $25,000 |
| Pension plans, employee benefits | $102,211 |
| Interest | $7,771 |
| Taxes | $34,866 |
| Depreciation | $2,525 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $347 |
| Printing and publications | $1,017 |
| Other expenses | $116,821 |
| Total operating and administrative expenses | $547,595 |
| Contributions, gifts, grants paid | $653,540 |
| Total expenses and disbursements | $1,201,135 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $12,974 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $1,525 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $668,774 |
| Other assets | $0 |
| Total assets | $7,571,363 |
| Accounts payable and accrued expenses | $35,054 |
| Grants payable | $508,932 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $745,000 |
| Other liabilities | $7,381 |
| Total liabilities | $1,296,367 |
Grants Awarded
Over the last fiscal year, Renaissance Fund Nfp has awarded $909,308 in support to 69 organizations.
| Grant Recipient | Amount |
|---|---|
Lombard, IL PURPOSE: MINISTRY RELATED DONATION | $224,500 |
ST IAKOVOS RETREAT CENTER PURPOSE: CREATING CHARITABLE VISION CHALLENGE GRANT YEAR 2 | $160,000 |
Pittsburgh, PA PURPOSE: 2022 MATCHING GRANT | $50,000 |
Lombard, IL PURPOSE: HIERARCH ENTHRONEMENT DONATION | $48,555 |
CHRIST THE SAVIOUR ORTHODOX CHURCH PURPOSE: PURCHASE OF VEHICLE | $42,000 |
ST NECTARIOS GREEK ORTHODOX CHURCH PURPOSE: PROJECT 21ST CENTURY GRANT 2021 | $25,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Maryhurst Inc Louisville, KY | $15,797,492 | $20,397,392 |
Warm Blankets Childrens Foundation Inc Rolling Meadows, IL | $1,863,043 | $8,239,243 |
Running Rebels Community Organization Inc Milwaukee, WI | $6,399,369 | $7,453,258 |
Kids Around The World Inc Rockford, IL | $3,875,247 | $5,941,547 |
Youth & Opportunity United Inc Evanston, IL | $12,497,971 | $3,232,601 |
Kidz Of Joy Learning Foundation Hazelwood, MO | $4,719,790 | $7,439,729 |
Crisis Nursery Urbana, IL | $5,150,005 | $1,857,536 |
Homework Hangout Club Decatur, IL | $500,272 | $1,621,582 |
Youth Crossroads Inc Berwyn, IL | $1,461,984 | $1,673,267 |
Chicago Youth Programs Inc Chicago, IL | $3,154,440 | $2,044,210 |
Bingham Child Guidance Clinic Inc Louisville, KY | $1,140,180 | $564,382 |
Renaissance Fund Nfp Chicago, IL | $7,571,363 | $384,217 |