West Baltimore Renaissance Foundation Inc
- Assets
- $21.7m
- Revenue
- $8.8m
- Investments
- $0.0
- Employees
- 0
- Location
- Baltimore, MD
- Founding
- Data as of
- 06/2022
- EIN
- 84-3355332
Organization Overview
West Baltimore Renaissance Foundation Inc is located in Baltimore, MD. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. West Baltimore Renaissance Foundation Inc 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 06/2022, West Baltimore Renaissance Foundation Inc generated $8.8m in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 47.2% each year . All expenses for the organization totaled $4.9m during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2021, West Baltimore Renaissance Foundation Inc has awarded 64 individual grants totaling $6,917,114. 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
SEE SCHEDULE O
Describe the Organization's Program Activity:
Part 3 - Line 4a
DURING FY 22, WBRF AWARDED 50 GRANTS TOTALING $4,578,348. WITHIN THE FOUR KEY PORTFOLIO AREAS, $327,427 WAS AWARDED FOR FOOD ACCESS, $1,280,999 FOR POPULATION HEALTH STRATEGIES, $1,506,004 FOR WORKFORCE DEVELOPMENT, AND $1,439,918 FOR YOUTH MENTORING PROGRAMMING. IN ADDITION, $24,000 WAS AWARDED IN SMALL NEIGHBORHOOD GRANTS TO SUPPORT ONE-TIME EVENTS WITH ACTIVITIES IN ALIGNMENT WITH OUR PORTFOLIOS. IN ADDITION TO THE GRANT ACTIVITIES, THE WBRF ALSO HELPED ADVANCE THE CONSTRUCTION OF A COMMUNITY RESOURCE CENTER SLATED TO OPEN IN 2023.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Neil Meltzer Chairman | OfficerTrustee | 1 | $0 |
David Krajewski Treasurer | Officer | 1 | $0 |
Jason Weiner Secretary | Officer | 1 | $0 |
Daniel Blum President | OfficerTrustee | 1 | $0 |
Arsalan Sheikh MD Director | Trustee | 1 | $0 |
Kurt Sommer Executive Director | Officer | 40 | $141,589 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $8,794,484 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $8,794,484 |
| Total Program Service Revenue | $0 |
| 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 | $8,794,484 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $4,578,348 |
| 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. | $145,206 |
| Compensation of current officers, directors, key employees. | $21,781 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $45,971 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $43,473 |
| Payroll taxes | $15,836 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $33,010 |
| Advertising and promotion | $655 |
| Office expenses | $4,759 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $11,111 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,115 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $4,908,999 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $240,693 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| 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 | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $5,409,965 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $16,083,429 |
| Total assets | $21,734,087 |
| Accounts payable and accrued expenses | $3,375,618 |
| 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 | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $7,408,955 |
| Total liabilities | $10,784,573 |
| Net assets without donor restrictions | $10,949,514 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $21,734,087 |
Grants Awarded
Over the last fiscal year, West Baltimore Renaissance Foundation Inc has awarded $4,562,606 in support to 40 organizations.
| Grant Recipient | Amount |
|---|---|
CENTER FOR HOPE INC PURPOSE: GENERAL SUPPORT | $354,040 |
CLERGY UNITED TRANSFORMATION OF SANDTOWN PURPOSE: GENERAL SUPPORT | $350,000 |
SINAI HOSPITAL OF BALTIMORE INC DBA VSP PURPOSE: GENERAL SUPPORT | $309,094 |
THE B&O RAILROAD MUSEUM INC PURPOSE: GENERAL SUPPORT | $250,000 |
CENTER FOR URBAN FAMILIES PURPOSE: GENERAL SUPPORT | $250,000 |
SO WHAT ELSE INC PURPOSE: GENERAL SUPPORT | $250,000 |