Greater Titusville Renaissance

Nonprofit profile at a glance

EIN
461940296
IRS 990-EZ coverage
2018–2018
Forms available
Form 990 2017, Form 990-EZ 2018
Location
Titusville, FL, USA
Phone
3216076512
Rating
92
Verdict
STRONG
Rating confidence
Moderate
Sector
Public Foundations

Official website

Reported finances

Revenue
$66,484
Expenses
$88,985
Assets
$37,287
Liabilities
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2018. Amounts in USD.

Leadership & pay

12 people listed

Executive titles in this filing

  • JACK GOULD (PRESIDENT)

People named in this filing

  • DAN ATON (DIRECTOR)
  • JIM TULLEY (DIRECTOR (THRU 02/2018))
  • KATE CHIODINI (SECRETARY)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2018. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The greater titusville renaissance is a grassroots collaboration of engaged citizens, ambitious thinkers and inspirational community leaders working together to deliver initiatives that benefit both residents and visitors. Our mission is to assist in facilitating the cultural and economic revitalization of the north brevard community.

What it reported doing in 2018

Through grant funding, gtr continues to work with the north brevard economic development zone with the management of the colaunch entrepreneur programs and facilities. By offering business mentoring, workshops and a place to cowork, gtr has assisted several startup businesses.gtr continues to work together with keep brevard beautiful with beautification and clean up projects in north brevard county. During 2018, gtr held the playalinda festival of the arts in february 2018. Gtr partnered with the north brevard art league and space coast fab lab in bringing a vibrant new art festival to titusville. The 2 1/2 day festival featured visual arts, performing arts, music, and a community art project.throught the year, gtr continued to bring food truck events to north brevard.gtr, throughout its management of colaunch, a cowork space in titusville, coordinated a series of entrepreneur workshops for the community. Topics such as writing a business plan, funding your startup, and sales & marketing were featured. These workshops were free to the public and helps support entrepreneurs in north brevard.in june 2018, gtr was engaged by exxcel project management to assist with creating special events and property management of the new retail center, titus landing.gtr continued to support economic development in north brevard through programs that offer improvements on the quality of life. By developing sustainable arts and cultural events, conducting beautification projects along our corridors and neighborhoods, supporting building and growing entrepreneurship, gtr is engaging hundreds of volunteers in the community to help make a difference.

Operating model

Revenue model
Donor-supported. 81% of the money available for current operations came from contributions and gifts.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Revenue has declined or grown slowly and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 100
  • Transparency & Controls: 100
  • Sustainability: 30
  • Growth: 20

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 100%; rating input score 100

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: -33.8%; rating input score 15; 15th percentile among comparable filings
  • Total-asset coverage ratio: 0.42; rating input score 27; 27th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 73; 73rd percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: -18.8% per year; rating input score 0; 16th percentile among comparable filings
  • Asset growth: 0.6% per year; rating input score 100; 44th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 100% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $89K in reported program spending
  • Leadership: top reported pay $0 · 12 people listed
  • Consistency: 8 of 8 current checks pass
  • Schedules: 3 filed schedules
  • Contacts: How to reach this organization
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.

  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Operating margin scored 15/100.
  • High — Sustainability: Total-asset coverage ratio scored 27/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.
  • High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.