Civic Intelligence

Expect Renaissance Inc.

990EZ • Fiscal year 2020 • EIN 47-4496956

Jan 01, 2020 to Dec 31, 2020 • Filed on Jan 15, 2021

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

64th percentile

0.02x

Higher debt load relative to assets than 64% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

59th percentile

0.00x

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

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Net Margin

45th percentile

2.0%

Higher net margin than 45% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Top Officer Pay

86th percentile

$27,366

Higher top officer pay than 86% of similar nonprofits.

Top officer pay equals 23.3% of source-year revenue.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Asset Growth

34th percentile

-4.4%

Faster asset growth than 34% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

68th percentile

3.6%

Faster revenue growth than 68% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Assets

Down

$28,736

Down $1,323 (-4.4%) from 2019

Net Assets

Up

$28,212

Up $2,393 (+9.3%) from 2019

Liabilities

Down

$524

Down $3,716 (-88%) from 2019

Revenue

Up

$117,410

Up $4,046 (+3.6%) from 2019

Expenses

Down

$115,017

Down $9,658 (-7.7%) from 2019

Net Income

Up

$2,393

Up $13,704 (+121%) from 2019

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

2020

Assets$28,736
Liabilities$524
Net Assets$28,212

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

2020

Revenue$117,410
Expenses$115,017
Net Income$2,393
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Jan 15, 2021
Return Version
2020v4.0
Gross Receipts
$117,410
Mission and Program Overview

Mission

Impact culture with the gospel

Program Services

DescriptionGrantsExpenses
Concert performances and events to impact culture with the gospel through artists development, missional events and community discipleship.-$115,017
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Nigel AndersonPresidentFT$25,577$1,789$27,366
Kevin TremperTreasurerPT$0--
Joel EnglishSecretaryPT$0--
Waverly Jones JrDirectorPT$0--
Don MeredithDirectorPT$0--
Filing and Contact Details

Filer

Filer Name
Expect Renaissance Inc
EIN
47-4496956
Address
1008 Anderson St, Norfolk, VA 23504

Signing Officer

Name
Nigel Anderson
Title
President
Phone
7575813515
Signed
2021-01-15
Discuss with paid preparer
Yes

Preparer

Firm
Christine W Egnor CPA PLC
Address
3565 Calverton Way, Chesapeake, VA 23321
Preparer
Christine W Egnor
Phone
7576738579
Supplemental Narrative

Additional Explanations

General explanation attachment

PRIMARY EXEMPT PURPOSEExpect 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 principles 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 implementS 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. ECONOMIC IMPACTThe COVID-19 pandemic has developed rapidly in 2020, with a significant number of cases. Measures taken by various governments to contain the virus have affected economic activity and the organizations ministry in significant ways:*Fundraising events including the Annual Banquet were cancelled. *Evangelism, ministry and donor relations activities were cancelled or modified. The organization participated in a virtual environment when available to maintain social distancing and other government requirements.However, the organization was able to increase General Fund donations over the prior year to continue ministry and operations, even in a modified environment. We expect to continue and grow operations as we are able to resume normal operations moving forward.

Description of other revenue Part I line 8

Description AmountSmall Business Loan to be Forgiven 4,412

List of grants and similar amounts paid Part I line 10

Activity Artist Development Grant Distribution Grantee Renaissance Movement Enterprises LLStreet 108 Anderson St City, State, Zip Norfolk, VA 23504Relationship Board member/Employee Amount 10,500Activity Charitable Contributions and Ministry Grantee International Foundation Kerus Street 245 Newman Ave Ste B City, State, Zip Harrisonburg, VA 22801Amount 3,200Activity Charitable Contributions and Ministry Grantee South Africa Ministry Street PO Box 9629 City, State, Zip Norfolk, VA 23505Amount 1,242Activity Ministry Grantee God is Iconic Concert Street 108 Anderson St City, State, Zip Norfolk, VA 23504Relationship Board Member/Employee Amount 3,207Activity Charitable Contributions and Ministry Grantee Miscellaneous Amount 3,239

Description of other expenses Part I line 16

Description AmountDepreciation from 4562 500Advertising and Marketing 780Automobile Expenses 366Benevolence 487Donor Relations 3,700Dues & Subscriptions 1,130Event Promotions 30,269Evangelism Education/Discipleship 275Evangelism and Ministry 2,188Evangelism US 2,488Merchant Service Fees 202Office Expenses 4,142Parking & Tolls 34Payroll Processing Fees 756Payroll Taxes 2,021Taxes & Licenses 25Telephone expenses 1,789Travel 3,462Meals 1,450Supplies 1,294Training and Personal Development 3,820Videography and Recording 2,161

Description of other assets Part II line 24

Category Beginning of Year End of YearComputer Equipment Net 748 248

Description of total liabilities Part II line 26

Category Beginning of Year End of YearPayroll taxes payable 247 242Credit card payable 3,873 282Related party account payable 120 0

Raw XML Appendix182 raw XML fields

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/ExplanationTxt0PRIMARY EXEMPT PURPOSEExpect 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 principles 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 implementS 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. ECONOMIC IMPACTThe COVID-19 pandemic has developed rapidly in 2020, with a significant number of cases. Measures taken by various governments to contain the virus have affected economic activity and the organizations ministry in significant ways:*Fundraising events including the Annual Banquet were cancelled. *Evangelism, ministry and donor relations activities were cancelled or modified. The organization participated in a virtual environment when available to maintain social distancing and other government requirements.However, the organization was able to increase General Fund donations over the prior year to continue ministry and operations, even in a modified environment. We expect to continue and grow operations as we are able to resume normal operations moving forward.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Description AmountSmall Business Loan to be Forgiven 4,412
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Activity Artist Development Grant Distribution Grantee Renaissance Movement Enterprises LLStreet 108 Anderson St City, State, Zip Norfolk, VA 23504Relationship Board member/Employee Amount 10,500Activity Charitable Contributions and Ministry Grantee International Foundation Kerus Street 245 Newman Ave Ste B City, State, Zip Harrisonburg, VA 22801Amount 3,200Activity Charitable Contributions and Ministry Grantee South Africa Ministry Street PO Box 9629 City, State, Zip Norfolk, VA 23505Amount 1,242Activity Ministry Grantee God is Iconic Concert Street 108 Anderson St City, State, Zip Norfolk, VA 23504Relationship Board Member/Employee Amount 3,207Activity Charitable Contributions and Ministry Grantee Miscellaneous Amount 3,239
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Description AmountDepreciation from 4562 500Advertising and Marketing 780Automobile Expenses 366Benevolence 487Donor Relations 3,700Dues & Subscriptions 1,130Event Promotions 30,269Evangelism Education/Discipleship 275Evangelism and Ministry 2,188Evangelism US 2,488Merchant Service Fees 202Office Expenses 4,142Parking & Tolls 34Payroll Processing Fees 756Payroll Taxes 2,021Taxes & Licenses 25Telephone expenses 1,789Travel 3,462Meals 1,450Supplies 1,294Training and Personal Development 3,820Videography and Recording 2,161
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Category Beginning of Year End of YearComputer Equipment Net 748 248
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Category Beginning of Year End of YearPayroll taxes payable 247 242Credit card payable 3,873 282Related party account payable 120 0
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0General explanation attachment
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2List of grants and similar amounts paid Part I line 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Description of other expenses Part I line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Description of other assets Part II line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Description of total liabilities Part II line 26
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