Civic Intelligence

Renaissance of Hope Inc

EIN 86-2582496 • 501(c)3 • Detroit, MI

Profile

To spread the word of jesus christ

10100 Grand RiverDetroit, MI 48204

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

68th percentile

0.21x

Higher debt load relative to assets than 68% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

47th percentile

0.06x

Higher debt load relative to revenue than 47% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

16th percentile

-17%

Higher net margin than 16% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

40th percentile

$0

Higher top officer pay than 40% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Asset Growth

7th percentile

-28%

Faster asset growth than 7% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

77th percentile

34%

Faster revenue growth than 77% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets68th percentile

Assets

Down

$548,228

Down $209,373 (-28%) from 2023

Liabilities

Up

$114,994

Up $114,894 (+114894%) from 2023

Net Assets

Down

$433,234

Down $324,267 (-43%) from 2023

Operations
Liabilities / Revenue47th percentileNet Margin16th percentile

Revenue

Up

$1,864,473

Up $476,706 (+34%) from 2023

Expenses

Up

$2,188,840

Up $1,268,857 (+138%) from 2023

Net Income

Down

-$324,367

Down $792,151 (-169%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth7th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$800K$600K$400K$200K$0Assets 2021: $48,471Liabilities 2021: $0Net Assets 2021: $48,4712021Assets 2022: $500,171Liabilities 2022: $100Net Assets 2022: $500,0712022Assets 2023: $757,601Liabilities 2023: $100Net Assets 2023: $757,5012023Assets 2024: $548,228Liabilities 2024: $114,994Net Assets 2024: $433,2342024

Highlighted filing

2024

Assets$548,228
Liabilities$114,994
Net Assets$433,234
Open 2024 Filing

Operations Trend

Revenue Growth77th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2021: $50,000Expenses 2021: $1,629Net Income 2021: $48,3712021Revenue 2022: $590,000Expenses 2022: $115,300Net Income 2022: $474,7002022Revenue 2023: $1,387,767Expenses 2023: $919,983Net Income 2023: $467,7842023Revenue 2024: $1,864,473Expenses 2024: $2,188,840Net Income 2024: -$324,3672024

Highlighted filing

2024

Revenue$1,864,473
Expenses$2,188,840
Net Income-$324,367
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$548,228
Liabilities
$114,994
Net assets
$433,234
Revenue
$1,864,473
Expenses
$2,188,840
Net income
-$324,367
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.55$0.11$0.43$1.86$2.19$0.32
2023Detailed filing. Detailed filing data is available for this year.$0.76$0.00$0.76$1.39$0.92$0.47
2022Detailed filing. Detailed filing data is available for this year.$0.50$0.00$0.50$0.59$0.12$0.47
2021Detailed filing. Detailed filing data is available for this year.$0.05$0.00$0.05$0.05$0.00$0.05
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 15, 2025
Return Version
2024v5.0
Gross Receipts
$1,864,473
Mission and Program Overview

Mission

To spread the Gospel of Jesus Christ

To actively engage in non-profit residential and community real estate and educational programs for low and moderate income individuals. Mission: divine resources meeting human needs through loving channels.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$757,601$548,228▼ $209,373
Rtn Earn Endowment Incm Other Fnds$757,501$433,234▼ $324,267
Total Assets$757,601$548,228▼ $209,373
Liabilities
Accounts Payable and Accrued Expenses$100$114,994▲ $114,894
Total Liabilities$100$114,994▲ $114,894
Net Assets / Fund Balance
Total Net Assets Fund Balance$757,501$433,234▼ $324,267
Total Liabilities and Net Assets / Fund Balance$757,601$548,228▼ $209,373
Compensation and Service Providers
Top Officer Pay40th percentile

Board Members and Trustees

NameTitle
Bishop Andrew MerrittPresident
David MerrittSecretary
Viveca MerrittTreasurer
Jonathan MerrittVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$1,864,473
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$1,864,473
Change in Net Assets
$-324,367
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$2,047,045
Salaries, Compensation, and Employee Benefits$141,795
Total Fundraising Expense$96,565
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$1,412,028$146,004$80,118$1,638,150
Office Expenses-$101,370-$101,370
Other Salaries and Wages$76,359$16,184$3,740$96,283
Payroll Taxes$32,439$7,400$1,727$41,566
Advertising--$10,055$10,055
Other Employee Benefits$3,080$702$164$3,946
Other Expenses$3,079$4,754-$3,079
All Other Expenses-$1,852$761$2,613
Total Functional Expenses$1,814,009$278,266$96,565$2,188,840
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
No
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

“A copy of the complete irs form 990 will be submitted to eaach director for review prior to filing.”

Form 990, Page 6, Part VI, Line 19

“The completed irs form 990 is available on guidestar.org; all public documents are available for review in the office of the organization during normal business hours by appointment.”

Filing and Contact Details

Filer

Filer Name
Renaissance of Hope Inc
EIN
86-2582496
Phone
2484676562
Address
10100 GRAND RIVER, DETROIT, MI 48204

Signing Officer

Name
Bishop Andrew Merritt
Title
President
Phone
2484676562
Signed
2025-11-15

Organization Details

Principal Officer
Bishop Andrew Merritt
Voting Board Members
4
Independent Board Members
4
Employees
0

Preparer

Firm
Alan C Young & Associates Pc
Address
7310 WOODWARD AVE STE 740, DETROIT, MI 48202
Preparer
Anil Sakhuja
Phone
3138737500
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

“Contract & professional fees 1,412,028 146,004 80,118”

Form 990, Part XI, Line 9

“Prior year adjustment-net assets 100”

Raw XML Appendix288 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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ReturnHeader/TaxPeriodEndDt02024-12-31
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