Renaissance Entrepreneurship Center

Organization Overview

Renaissance Entrepreneurship Center is located in San Francisco, CA. The organization was established in 1982. According to its NTEE Classification (S43) the organization is classified as: Small Business Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2021, Renaissance Entrepreneurship Center employed 44 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Renaissance Entrepreneurship Center 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 Entrepreneurship Center generated $7.1m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 11.5% each year . All expenses for the organization totaled $5.5m during the year ending 12/2021. While expenses have increased by 3.2% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

BRINGING THE POWER OF ENTREPRENEURSHIP TO UNDER-RESOURCED INDIVIDUALS (CONT' SCHEDULE O)

Describe the Organization's Program Activity:

Part 3 - Line 4a

RENAISSANCE PENINSULA, LOCATED IN EAST PALO ALTO, WHERE NEARLY ONE-THIRD OF FAMILIES LIVE BELOW THE POVERTY LEVEL AND ECONOMIC INEQUALITY, ESPECIALLY FOR WOMEN, IS STARK AND GROWING. SILICON VALLEY EXTREME INCOME DISPARITY IS BEING EXACERBATED BY THE PANDEMIC, FURTHER INCREASING THE STRUGGLES OF FAMILIES TO SURVIVE. HAVING LAUNCHED THE FIRST AND ONLY SMALL BUSINESS INCUBATOR IN 2015, WE ADJUSTED TO SUPPORT TENANT BUSINESSES DURING THE PANDEMIC. WE MAINTAINED A 77% TENANCY RATE WITH CLIENTS REPORTING THEY WOULD HAVE HAD TO CLOSE THEIR BUSINESSES PERMANENTLY IF THEY COULD NOT HAVE OPERATED IN OUR FACILITY. TO MEET THE NEEDS OF EMERGING RETAIL BUSINESSES, WE PIVOTED OUR POP-UP ENTREPRENEURS' MARKETPLACE TO VIRTUAL MARKETS - FOOD AND PRODUCT BUSINESSES WERE ABLE TO SELL THEIR WARES, TEST THEIR PRODUCTS, INCREASE THEIR VISIBILITY AND REACH NEW CUSTOMERS.


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 - 35 SMALL BUSINESSES AND COMMUNITY-SERVING ORGANIZATIONS. IN RESPONSE TO THE SURGE IN DEMAND FOR SMALL BUSINESS SUPPORT DURING THE PANDEMIC, RENAISSANCE SOMA EXPANDED OUR INTERNAL CAPACITY AND SERVED AN INCREASED NUMBER OF WOMEN THROUGH OUR WOMEN'S BUSINESS CENTER. WE HELD ONLINE CLASSES, WORKSHOPS AND EVENTS COVERING A BROAD RANGE OF BUSINESS TOPICS INCLUDING MARKETING, FINANCE AND BOOKKEEPING, ACCESS TO CAPITAL, E-COMMERCE AND DIGITAL TOOLS, LEGAL ISSUES FOR SMALL BUSINESSES, NETWORKING EVENTS AND INDUSTRY-SPECIFIC EVENTS IN THE AREAS OF FOOD AND FASHION.


RENAISSANCE EAST BAY: RENAISSANCE SUPPORTED ENTREPRENEURIAL ENGLISH- AND SPANISH-SPEAKING CLIENTS FROM VULNERABLE POPULATIONS IN CONTRA COSTA COUNTY, FOCUSING ON RICHMOND, ANTIOCH AND PITTSBURG AND IN ALAMEDA, SPECIFICALLY FOCUSING ON THE EAST, WEST AND DOWNTOWN OAKLAND COMMUNITIES. WE EXPANDED OUR PROGRAMS AND SERVICE DELIVERY TO ONLINE AND PHONE, AND INCREASED OUR TECHNOLOGY TRAINING TO ENSURE ALL BUSINESSES WERE ABLE TO OPERATE IN THE DIGITAL ECONOMY (SERVICES INCLUDED WEBSITE DEVELOPMENT, ONLINE SALES AND PAYMENT PROCESSING, SOCIAL MEDIA MARKETING, ETC.) AND EXPANDED OUR FINANCIAL TECHNICAL ASSISTANCE AND ACCESS TO CAPITAL SERVICES.


RENAISSANCE BAYVIEW, SAN FRANCISCO: IN 2021, RENAISSANCE EXPANDED OUR VIRTUAL BUSINESS CONSULTING TO SUPPORT EMERGING AND ESTABLISHED ENTREPRENEURS IN BAYVIEW HUNTERS POINT, ONE OF THE BAY AREA'S MOST UNDER-RESOURCED, LOWEST-INCOME COMMUNITIES SIGNIFICANTLY IMPACTED BY THE PANDEMIC. RENAISSANCE BAYVIEW WORKED INTENSIVELY WITH MINORITY AND WOMEN-OWNED SMALL BUSINESSES IN THE CONSTRUCTION SECTOR, DELIVERING TRAINING AND MENTORING SUPPORT, HELPING SMALL CONTRACTOR BUSINESSES ACCESS CONTRACTS AND CREATE QUALITY JOBS FOR LOCAL COMMUNITY RESIDENTS. WE EXPANDED OUR SMALL BUSINESS EMPOWERMENT AND MENTORSHIP PROGRAM FOR WOMEN RESIDENTS OF PUBLIC HOUSING, CULMINATING IN "RENTANKS" WHERE GRADUATES PITCH THEIR BUSINESSES TO A PANEL OF JUDGES AND RECEIVE CASH AWARDS.


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Board, Officers & Key Employees

Name (title)Compensation
Sharon Miller
CEO
$171,539
Craig Jacoby
Board Chair
$0
Sandor Straus
Treasurer
$0
Karly Wang
Secretary
$0
Yasmin Eichmann Datta
Vice Chair
$0
Meghan Butler
Board Member
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
City Mechanical Inc
Elevator Maintenance & Repai
$252,171
Fountaine Information Systems
It Support
$109,208
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$177,121
Related organizations$0
Government grants $2,715,035
All other contributions, gifts, grants, and similar amounts not included above$3,874,995
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$6,767,151
Total Program Service Revenue$355,906
Investment income $190
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 $7,123,665

Grants Recieved

Over the last fiscal year, we have identified 26 grants that Renaissance Entrepreneurship Center has recieved totaling $1,961,247.

Awarding OrganizationAmount
Sobrato Family Foundation

Mountain View, CA

PURPOSE: TO DELIVER ENGLISH AND SPANISH LANGUAGE ENTREPRENEURSHIP TRAINING, TECHNOLOGY TRAINING AND ACCESS TO TECHNOLOGY, AND CUSTOMIZED CONSULTING SERVICES TO CREATE ECONOMIC OPPORTUNITY FOR LOW-INCOME BIPOC ENGLISH-AND SPANISH-SPEAKING SAN JOSE RESIDENTS THROUGH SMALL BUSINESS OWNERSHIP.

$250,000
Sobrato Family Foundation

Mountain View, CA

PURPOSE: TO DELIVER ENGLISH AND SPANISH LANGUAGE ENTREPRENEURSHIP TRAINING, TECHNOLOGY TRAINING AND ACCESS TO TECHNOLOGY, AND CUSTOMIZED CONSULTING SERVICES TO CREATE ECONOMIC OPPORTUNITY FOR LOW-INCOME BIPOC ENGLISH-AND SPANISH-SPEAKING SAN JOSE RESIDENTS THROUGH SMALL BUSINESS OWNERSHIP.

$250,000
Jp Morgan Chase Foundation

New York, NY

PURPOSE: IN SUPPORT OF UNDERSERVED SMALL BUSINESS EXPANSION

$250,000
Jp Morgan Chase Foundation

New York, NY

PURPOSE: IN SUPPORT OF UNDERSERVED SMALL BUSINESS EXPANSION

$230,000
Silicon Valley Community Foundation

Mountain View, CA

PURPOSE: Community Development

$204,000
Tides Foundation

San Francisco, CA

PURPOSE: EQUITY, HUMAN RIGHTS, AND ECONOMIC EMPOWERMENT

$100,000
View Grant Recipient Profile

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