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 12/2023, Renaissance Entrepreneurship Center employed 60 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 12/2023, Renaissance Entrepreneurship Center generated $7.7m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 9.8% each year. All expenses for the organization totaled $8.0m during the year ending 12/2023. While expenses have increased by 6.9% per year over the past 9 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
RENAISSANCE ENTREPRENEURSHIP CENTER ("RENAISSANCE") MEANS BUSINESS. (CONT' SCHEDULE O)
Describe the Organization's Program Activity:
Part 3 - Line 4a
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.
RENAISSANCE EAST BAY PROVIDED SMALL BUSINESS TRAINING, ONE-ON-ONE CONSULTING, AND ACCESS TO CAPITAL, NETWORKS AND OTHER RESOURCES IN ENGLISH AND SPANISH TO TRADITIONALLY UNDERSERVED INDIVIDUALS IN ALAMEDA AND CONTRA COSTA COUNTIES WITH AN EMPHASIS ON THE CITIES OF RICHMOND, ANTIOCH, OAKLAND AND PITTSBURG. WE ENGAGED MOTIVATED EMERGING AND ESTABLISHED ENTREPRENEURS FROM COMMUNITIES THAT LACK SMALL BUSINESS INVESTMENT, EDUCATIONAL RESOURCES, AND ENTREPRENEURIAL HISTORIES, AND FACE DISCRIMINATION BY RACE, GENDER, SEXUAL ORIENTATION, ECONOMIC CLASS, OR PAST INCARCERATION. OUR CLIENTS ARE 93% VERY-LOW-TO-MODERATE INCOME, 84% PEOPLE OF COLOR, 77% WOMEN AND 45% IMMIGRANTS.
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.
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.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Alison Davis Board Chair | OfficerTrustee | 1 | $0 |
Craig Jacoby Vice Chair | OfficerTrustee | 1 | $0 |
Melissa Boyd Secretary | OfficerTrustee | 1 | $0 |
Karly Wang Treasurer | OfficerTrustee | 1 | $0 |
Meghan Butler Board Member (end 01/23) | Trustee | 1 | $0 |
Gary Cookhorn Board Member (start 07/23) | Trustee | 1 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Nicole Levine Consultant | 12/30/23 | $110,160 |
Fis - Fountaine Information Systems Inc Provide Technology & Telephony Services | 12/30/23 | $105,656 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $314,533 |
Related organizations | $0 |
Government grants | $3,958,357 |
All other contributions, gifts, grants, and similar amounts not included above | $3,034,513 |
Noncash contributions included in lines 1a–1f | $10,307 |
Total Revenue from Contributions, Gifts, Grants & Similar | $7,307,403 |
Total Program Service Revenue | $368,164 |
Investment income | $446 |
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 | $7,685,266 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $6,000 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $202,227 |
Compensation of current officers, directors, key employees. | $20,223 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $3,143,269 |
Pension plan accruals and contributions | $57,737 |
Other employee benefits | $391,476 |
Payroll taxes | $259,836 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $131,459 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $1,364,028 |
Advertising and promotion | $17,885 |
Office expenses | $83,950 |
Information technology | $61,902 |
Royalties | $0 |
Occupancy | $296,872 |
Travel | $47,565 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $105,538 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $122,351 |
Insurance | $52,279 |
All other expenses | $19,047 |
Total functional expenses | $7,998,084 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $601,471 |
Savings and temporary cash investments | $245,243 |
Pledges and grants receivable | $2,002,433 |
Accounts receivable, net | $59,338 |
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 | $53,372 |
Net Land, buildings, and equipment | $1,510,962 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $306,646 |
Total assets | $4,779,465 |
Accounts payable and accrued expenses | $608,474 |
Grants payable | $0 |
Deferred revenue | $68,000 |
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 | $1,681,380 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $301,709 |
Total liabilities | $2,659,563 |
Net assets without donor restrictions | -$733,502 |
Net assets with donor restrictions | $2,853,404 |
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 | $4,779,465 |