Renaissance Charitable Supporting Organization Tr
The organization accepts, holds, and manages non-cash contributions for the purpose of selling the assets and distributing the proceeds to Renaissance Charitable Foundation Inc
IRS Tax Year 2024
Period ending December 31, 2024
Total Revenue
$83K
Total Expenses
$406K
Net Assets
$1.2M
Employees
0
Grants Paid
$359K
Program Expense Ratio
88.4%
This nonprofit profile presents IRS Form 990 tax filing data for Renaissance Charitable Supporting Organization Tr (EIN: 36-7704602), based on the 2024 tax year annual return filed with the Internal Revenue Service.
Sections below include financial summaries (revenue, expenses, and net assets), program accomplishments, officer and key employee compensation, governance policies and audit information, related tax-exempt organizations. All figures are reported in USD as filed.
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Financial Health
Transparency
Compensation
Program Effectiveness
Financial Stability
Risk Flags
Indicators derived from IRS Form 990 data. Not financial advice.
Renaissance Charitable Supporting Organization Tr is a 501(c)(3) nonprofit headquartered in Aberdeen, SD, founded in 2017. It is classified under NTEE code T90 (Named Trusts N.E.C.), within the Philanthropy, Voluntarism & Grantmaking category. The organization has held tax-exempt status since 2018. In its 2024 filing, the organization reported $83K in total revenue, a 67.5% increase from the prior year, and $406K in total expenses. Dacotah Bank, Trustee, is the highest-compensated individual at $526. The organization runs 1 program, totaling $359K in program expenses. 4 of 6 recommended governance policies are in place.
Renaissance Charitable Supporting Organization Tr is classified under NTEE code T90 (Named Trusts N.E.C.), which falls within the Philanthropy, Voluntarism & Grantmaking category. Its foundation type is 21.
Programs(Tax Year 2024)
1 record
Renaissance Charitable Supporting Organization Tr operates 1 program, with total program expenses of $359K. Renaissance Charitable Supporting Organization Tr's largest program accounts for 100% of total program spending.
The Trust does not have program services. It accepts donations of property and distributes cash to its supported organization, Renaissance Charitable Foundation Inc.
Financial Overview(Tax Years 2019–2024)
6 records
Over the past 6 years, Renaissance Charitable Supporting Organization Tr's revenue has grown from $61K to $83K, a 36.1% increase. Program expenses represent 88% of total spending.
Revenue increased 67.5% year-over-year, while expenses grew 853.5%. net assets fell to $1.2M, down 21.0% from the prior year.
Renaissance Charitable Supporting Organization Tr derives 14% from investment income.
Renaissance Charitable Supporting Organization Tr allocates 88% to programs, 12% to management and general.
Expenses grew by 853.5%, outpacing revenue growth of 67.5% — a trend to watch if it continues.
Renaissance Charitable Supporting Organization Tr distributed $359K in grants to other organizations and individuals, representing 88% of total expenses.
Over 6 filings from 2019–2024, Renaissance Charitable Supporting Organization Tr grew revenue from $61K to $83K (+36.1%) while maintaining a program expense ratio of 88%.
Renaissance Charitable Supporting Organization Tr holds $1.2M in total assets against $9K in liabilities (debt-to-asset ratio of 1%). The organization has 36.0 months of operating reserves. Cash and equivalents of $0 cover approximately 0.0 months of expenses.
Revenue
| Year | Total Revenue | Contributions | Gov't Grants | Program Revenue | Investment |
|---|---|---|---|---|---|
| 2024 | $83K | $0 | $0 | $0 | $12K |
| 2023 | $49K | $0 | $0 | $0 | $3K |
| 2022 | $17K | $0 | $0 | $0 | $7K |
| 2021 | $5.0M | $3.5M | $0 | $0 | $1.6M |
| 2020 | $2K | $0 | $0 | $0 | $2K |
| 2019 | $61K | $0 | $0 | $0 | $6K |
Expenses
| Year | Total Expenses | Program | Management | Fundraising | Grants Paid |
|---|---|---|---|---|---|
| 2024 | $406K | $359K | $47K | $0 | $359K |
| 2023 | $43K | $29K | $13K | $0 | $29K |
| 2022 | $1.6M | $1.6M | $3K | $0 | $1.6M |
| 2021 | $2.1M | $1.7M | $423K | $0 | $1.7M |
| 2020 | $3K | $2K | $691 | $0 | $77 |
| 2019 | $9K | $0 | $9K | $0 | $0 |
Program Expense Ratio
88.4%
Admin Expense Ratio
11.6%
Fundraising Efficiency
—
Operating Reserve
36.0 mo
People & Compensation(Tax Year 2024)
1 record
Renaissance Charitable Supporting Organization Tr reported compensation for 1 officers and key employees. Total officer compensation was $526, representing 0.1% of total expenses.
Renaissance Charitable Supporting Organization Tr's highest-compensated individual received $526 in total compensation. Total officer compensation of $526 represents 0.1% of total expenses.
| Name | Title | Type | Hours/wk | Comp from Org | Related Orgs | Total |
|---|---|---|---|---|---|---|
| Dacotah Bank | Trustee | Trustee | 1.00 | $0 | $0 | $526 |
Governance & Compliance(Tax Year 2024)
Renaissance Charitable Supporting Organization Tr has 4 of 6 recommended governance policies in place, including conflict of interest, whistleblower, document retention. Its board has 1 members, 0 of whom are independent.
Renaissance Charitable Supporting Organization Tr does not have audited financial statements.
Renaissance Charitable Supporting Organization Tr delegates management duties to an outside firm.
Policies & Oversight
Audit & Financial Oversight
Insider Transactions(Tax Year 2024)
1 record
Unknown person — Trustee
Grants Awarded(Tax Year 2024)
1 record
Renaissance Charitable Supporting Organization Tr awarded $359K across 1 grant to organizations. Top recipients include Renaissance Charitable Foundation Inc (Indianapolis, IN) — $359K for contributions to donor advised funds.
Organization Grants
| Recipient | Location | Amount | Purpose |
|---|---|---|---|
| Renaissance Charitable Foundation Inc352129262 | Indianapolis, IN | $359K | Contributions to donor advised funds |
Filing History(Tax Years 2018–2024)
6 records
Showing the 6 Form 990 filings currently in our system.
| Tax Year | Form | Period | Revenue | Expenses | Net Assets |
|---|---|---|---|---|---|
| 2024 | 990 | 2024-01-01 – 2024-12-31 | $83K | $406K | $1.2M |
| 2023 | 990 | 2023-01-01 – 2023-12-31 | $49K | $43K | $1.5M |
| 2022 | 990 | 2022-01-01 – 2022-12-31 | $17K | $1.6M | $1.5M |
| 2021 | 990 | 2021-01-01 – 2021-12-31 | $5.0M | $2.1M | $4.1M |
| 2020 | 990 | 2020-01-01 – 2020-12-31 | $2K | $3K | $1.1M |
| 2019 | 990 | 2019-01-01 – 2019-12-31 | $61K | $9K | $1.1M |
| 2018 | No filings acquired yet | ||||
Frequently Asked Questions
What does Renaissance Charitable Supporting Organization Tr do?
The organization accepts, holds, and manages non-cash contributions for the purpose of selling the assets and distributing the proceeds to Renaissance Charitable Foundation Inc
How much revenue does Renaissance Charitable Supporting Organization Tr have?
Renaissance Charitable Supporting Organization Tr reported $82,787 in total revenue for tax year 2024, up 67.5% from the prior year.
Who is the highest-paid executive at Renaissance Charitable Supporting Organization Tr?
Dacotah Bank, Trustee, received $526 in total compensation as of tax year 2024.
Is Renaissance Charitable Supporting Organization Tr a 501(c)(3)?
Yes, Renaissance Charitable Supporting Organization Tr is classified as a 501(c)(3) tax-exempt organization.
Where is Renaissance Charitable Supporting Organization Tr located?
Renaissance Charitable Supporting Organization Tr is headquartered in Aberdeen, SD 57402.
What type of nonprofit is Renaissance Charitable Supporting Organization Tr?
Renaissance Charitable Supporting Organization Tr is classified under NTEE code T90 (Named Trusts N.E.C.), within the Philanthropy, Voluntarism & Grantmaking category. It is a 501(c)(3) tax-exempt organization.
Is Renaissance Charitable Supporting Organization Tr audited?
No, Renaissance Charitable Supporting Organization Tr does not currently have audited financial statements.
Does Renaissance Charitable Supporting Organization Tr give grants?
Yes, Renaissance Charitable Supporting Organization Tr distributed $358,970 in grants to other organizations and individuals in tax year 2024. Top recipients include Renaissance Charitable Foundation Inc.
Data Source
Prepared by: Renaissance Administration LLC, Indianapolis, IN
IRS Form 990 electronic filings via the IRS Exempt Organizations Business Master File. All financial figures are as reported in USD.
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