Civic Intelligence

Expect Renaissance Inc.

990EZ • Fiscal year 2017 • EIN 47-4496956

Jan 01, 2017 to Dec 31, 2017 • Filed on Nov 08, 2018

1008 Anderson StNorfolk, VA 23504

(757) 581-3515

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

62nd percentile

0.01x

Higher debt load relative to assets than 62% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Liabilities / Revenue

59th percentile

0.00x

Higher debt load relative to revenue than 59% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Net Margin

51st percentile

3.6%

Higher net margin than 51% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Top Officer Pay

85th percentile

$26,145

Higher top officer pay than 85% of similar nonprofits.

Top officer pay equals 20.4% of source-year revenue.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Asset Growth

60th percentile

8.6%

Faster asset growth than 60% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Revenue Growth

86th percentile

53%

Faster revenue growth than 86% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Assets

Up

$46,773

Up $3,698 (+8.6%) from 2016

Net Assets

Up

$46,399

Up $4,622 (+11%) from 2016

Liabilities

Down

$374

Down $924 (-71%) from 2016

Revenue

Up

$128,311

Up $44,512 (+53%) from 2016

Expenses

Up

$123,690

Up $81,668 (+194%) from 2016

Net Income

Down

$4,621

Down $37,156 (-89%) from 2016

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$60K$40K$20K$0Assets 2016: $43,075Liabilities 2016: $1,298Net Assets 2016: $41,7772016Assets 2017: $46,773Liabilities 2017: $374Net Assets 2017: $46,3992017Assets 2018: $37,809Liabilities 2018: $679Net Assets 2018: $37,1302018Assets 2019: $30,059Liabilities 2019: $4,240Net Assets 2019: $25,8192019Assets 2020: $28,736Liabilities 2020: $524Net Assets 2020: $28,2122020Assets 2021: $12,663Liabilities 2021: $1,012Net Assets 2021: $11,6512021Assets 2022: $14,680Liabilities 2022: $1,146Net Assets 2022: $13,5342022Assets 2023: $24,119Liabilities 2023: $1,785Net Assets 2023: $22,3342023Assets 2024: $39,202Liabilities 2024: $6,632Net Assets 2024: $32,5702024

Highlighted filing

2017

Assets$46,773
Liabilities$374
Net Assets$46,399

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$200K$150K$100K$50K$0-$50KRevenue 2016: $83,799Expenses 2016: $42,022Net Income 2016: $41,7772016Revenue 2017: $128,311Expenses 2017: $123,690Net Income 2017: $4,6212017Revenue 2018: $62,078Expenses 2018: $71,347Net Income 2018: -$9,2692018Revenue 2019: $113,364Expenses 2019: $124,675Net Income 2019: -$11,3112019Revenue 2020: $117,410Expenses 2020: $115,017Net Income 2020: $2,3932020Revenue 2021: $158,110Expenses 2021: $174,671Net Income 2021: -$16,5612021Revenue 2022: $148,435Expenses 2022: $146,552Net Income 2022: $1,8832022Revenue 2023: $155,733Expenses 2023: $146,933Net Income 2023: $8,8002023Revenue 2024: $155,130Expenses 2024: $142,394Net Income 2024: $12,7362024

Highlighted filing

2017

Revenue$128,311
Expenses$123,690
Net Income$4,621
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Nov 8, 2018
Return Version
2017v2.3
Gross Receipts
$135,148
Mission and Program Overview

Mission

Impact culture with the gospel

Expect renaissance exists to conduct such acts and activities as may be necessary to promote and engage in the gospel centered ministry proclamation and application of the gospel to specific issues such as discipleship of youth, young adults, and all peoples in the correct understanding of biblical principals and a productive gospel centered life, how the gospel speaks to and is applicable to specific social issues, leadership and entrepreneurial development, financial education, biblical family and marriage and the networking of collaborative resources for community development. The corporation will implement plans designed to create events, such as concerts or forums that attract people to come together and bring awareness, education and solutions to specific topics or needs, also to create workshops, various group presentations or small groups to connect leaders or those in need with various aspects of gospel centered ministry.

Program Services

DescriptionGrantsExpenses
CONCERT PERFORMANCES AND EVENTS TO IMPACT CULTURE WITH THE GOSPEL THROUGH ARTISTS DEVELOPMENT, MISSIONAL EVENTS AND COMMUNITY DISCIPLESHIP.$22,020$115,251
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
NIGEL ANDERSONPresidentFT$26,145-$26,145
KEVIN TREMPERTreasurerPT$0--
JOEL ENGLISHSecretaryPT$0--
WAVERLY JONES JRDirectorPT$0--
DON MEREDITHDirectorPT$0--
Fundraising, Events, and Gaming

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Safe House 5k$24,746$24,746$3,113$21,633
Annual Banquet$20,755$20,755$3,724$17,031
Total Events$45,501$45,501$6,837$38,664
Filing and Contact Details

Filer

Filer Name
Expect Renaissance Inc
EIN
47-4496956
Phone
7575813515
Address
1008 ANDERSON ST, NORFOLK, VA 23504

Signing Officer

Name
Nigel Anderson
Title
President
Phone
7575813515
Signed
2018-11-08
Discuss with paid preparer
Yes

Preparer

Firm
Christine W Egnor CPA Plc
Address
3565 CALVERTON WAY, CHESAPEAKE, VA 23321-4432
Preparer
Christine Egnor
Phone
7576738579
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I

Grant paid to renaissance movement enterprises llc 18,000 for artist development program. This business is owned 100% by nigel anderson, the president of expect renaissance inc. This grant was approved by the board of directors.

Form 990-ez, Part I, Line 10

Class of activity: ministry name: renaissance movement enterprises address: 1008 anderson street norfolk, va 23504 cash contribution: 18,000

Form 990-ez, Part I, Line 16

Expenses advertising 4,131 event promotions 10,577 bookkeeping & payroll service 2,967 meals and entertainment 2,731 office expenses 1,914 supplies 1,710 travel and meals 7,831 music production 12,970 youcaring missions 26 total 44,857

Form 990-ez, Part II, Line 26

Payroll taxes payable 1,298 374

Form 990-ez, Part III

Expect renaissance exists to conduct such acts and activities as may be necessary to promote and engage in the gospel centered ministry proclamation and application of the gospel to specific issues such as discipleship of youth, young adults, and all peoples in the correct understanding of biblical principals and a productive gospel centered life, how the gospel speaks to and is applicable to specific social issues, leadership and entrepreneurial development, financial education, biblical family and marriage and the networking of collaborative resources for community development. The corporation will implement plans designed to create events, such as concerts or forums that attract people to come together and bring awareness, education and solutions to specific topics or needs, also to create workshops, various group presentations or small groups to connect leaders or those in need with various aspects of gospel centered ministry.

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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0GRANT PAID TO RENAISSANCE MOVEMENT ENTERPRISES LLC 18,000 FOR ARTIST DEVELOPMENT PROGRAM. THIS BUSINESS IS OWNED 100% BY NIGEL ANDERSON, THE PRESIDENT OF EXPECT RENAISSANCE INC. THIS GRANT WAS APPROVED BY THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1CLASS OF ACTIVITY: MINISTRY NAME: RENAISSANCE MOVEMENT ENTERPRISES ADDRESS: 1008 ANDERSON STREET NORFOLK, VA 23504 CASH CONTRIBUTION: 18,000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2EXPENSES ADVERTISING 4,131 EVENT PROMOTIONS 10,577 BOOKKEEPING & PAYROLL SERVICE 2,967 MEALS AND ENTERTAINMENT 2,731 OFFICE EXPENSES 1,914 SUPPLIES 1,710 TRAVEL AND MEALS 7,831 MUSIC PRODUCTION 12,970 YOUCARING MISSIONS 26 TOTAL 44,857
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3PAYROLL TAXES PAYABLE 1,298 374
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4EXPECT RENAISSANCE EXISTS TO CONDUCT SUCH ACTS AND ACTIVITIES AS MAY BE NECESSARY TO PROMOTE AND ENGAGE IN THE GOSPEL CENTERED MINISTRY PROCLAMATION AND APPLICATION OF THE GOSPEL TO SPECIFIC ISSUES SUCH AS DISCIPLESHIP OF YOUTH, YOUNG ADULTS, AND ALL PEOPLES IN THE CORRECT UNDERSTANDING OF BIBLICAL PRINCIPALS AND A PRODUCTIVE GOSPEL CENTERED LIFE, HOW THE GOSPEL SPEAKS TO AND IS APPLICABLE TO SPECIFIC SOCIAL ISSUES, LEADERSHIP AND ENTREPRENEURIAL DEVELOPMENT, FINANCIAL EDUCATION, BIBLICAL FAMILY AND MARRIAGE AND THE NETWORKING OF COLLABORATIVE RESOURCES FOR COMMUNITY DEVELOPMENT. THE CORPORATION WILL IMPLEMENT PLANS DESIGNED TO CREATE EVENTS, SUCH AS CONCERTS OR FORUMS THAT ATTRACT PEOPLE TO COME TOGETHER AND BRING AWARENESS, EDUCATION AND SOLUTIONS TO SPECIFIC TOPICS OR NEEDS, ALSO TO CREATE WORKSHOPS, VARIOUS GROUP PRESENTATIONS OR SMALL GROUPS TO CONNECT LEADERS OR THOSE IN NEED WITH VARIOUS ASPECTS OF GOSPEL CENTERED MINISTRY.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART III
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