Park Heights Renaissance Inc

Nonprofit profile at a glance

EIN
770673126
IRS 990 coverage
2010–2024
Forms available
Form 990 2024
Location
Baltimore, MD, USA
Phone
4106644890
Rating
76
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Community, Neighborhood Development

Official website

Reported finances

Revenue
$7,610,515
Expenses
$6,938,975
Assets
$4,396,449
Liabilities
$712,389

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

20 people listed

Executive titles in this filing

  • YOLANDA JIGGETTS (PRESIDENT/CEO)

Highest reported compensation

  • YOLANDA JIGGETTS (PRESIDENT/CEO): $283,909 total reported compensation
  • WILL PASS (CHIEF FINANCIAL OFFICER): $179,425 total reported compensation
  • WENDI REDFERN-CURT (CHIEF STRATEGY AND IMPLEMENTATION OFFICER): $171,416 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The mission of park heights renaissance (phr) is to develop successful partnerships and resources that support the implementation of the park heights master plan using a holistic community development approach to enhance and maintain a thriving and sustainable community.

What it reported doing in 2024

Community safety and wellness: park heights renaissance advances community safety and wellness through initiatives that improve neighborhood conditions, increase access to health and supportive services, and strengthen overall community stability. Through its community safety & wellness efforts, phr partners with community-based organizations, healthcare providers, and local stakeholders to address both immediate safety concerns and long-term drivers of community well-being.program activities include community-based violence reduction efforts, wellness programming, and initiatives that connect residents to healthcare, mental health services, and other supportive resources. Phr supports response efforts and referral systems that help residents access services related to safety, stabilization, and recovery.environmental improvement strategies are a key component of this work, including neighborhood beautification, blight reduction, and activation of public spaces to promote safer and healthier environments. Programs such as clean & green contribute to these outcomes by improving physical conditions in the community while reinforcing safety and community pride.access to healthy food is a key component of phr's wellness strategy. Through community gardens and partnerships with organizations that provide fresh food distribution and nutrition support, phr helps increase access to fresh, healthy foods for residents while promoting community engagement and healthier lifestyles.phr also provides funding and coordination support to partner organizations delivering case management, prevention services, and community-based interventions. Community grant funding is deployed across program areas based on the specific pillar of work, with the majority of grants supporting safety and wellness initiatives. Through collaboration and shared data tracking, phr works to identify high-need areas, align resources, and improve the effectiveness of safety and wellness efforts across the community.program expenses primarily consist of personnel, grants to partner organizations, program supplies, and other direct costs associated with implementing safety, wellness, and community stabilization initiatives.

Operating model

Revenue model
Grant-funded. 86% of the money available for current operations came from government grants.
Distribution model
Hybrid. The nonprofit split its reported program spending across 73% for direct work, and 27% for grants.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Total assets are small relative to annual expenses; liquid coverage is unknown and some filed totals do not add up.

Rating breakdown

  • Financial Efficiency: 64
  • Transparency & Controls: 76
  • Accountability: 100
  • Sustainability: 45
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 61.9%; rating input score 62
  • Program expense ratio: 67.9%; rating input score 68
  • Fundraising efficiency: $23.03 raised per $1 spent on fundraising; rating input score 63; 63rd percentile among comparable filings

Transparency & Controls

  • Consistency checks: 93.3%; rating input score 93; 17th percentile among comparable filings
  • Pay-setting controls: 2 of 6 controls in place; rating input score 33
    • Compensation committee: Pass
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Missing
    • Board or committee approval: Pass
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 99.6%; rating input score 100; 39th percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 9 of 9 controls in place; rating input score 100
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: Pass
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 8.8%; rating input score 60; 60th percentile among comparable filings
  • Total-asset coverage ratio: 0.63; rating input score 23; 23rd percentile among comparable filings
  • Liabilities to assets ratio: 0.16; rating input score 49; 49th percentile among comparable filings
  • Officer compensation ratio: 9.1%; rating input score 33; 33rd percentile among comparable filings

Growth

  • Program expense growth: 12.3% per year; rating input score 100; 71st percentile among comparable filings
  • Revenue growth: 12.7% per year; rating input score 100; 76th percentile among comparable filings
  • Asset growth: 6.1% per year; rating input score 100; 40th percentile among comparable filings

Details

  • Where the money goes: 61.9% of revenue deployed · 67.9% of spending went to programs
  • Governance: 16 of 16 board members independent · 9 of 9 filing controls reported
  • Programs: 4 filed program accomplishments · $4.7M in reported program spending
  • Leadership: top reported pay $284K · 20 people listed · 2 of 6 pay-setting controls reported
  • Highest-paid contractors: 4 contractors listed · $675K reported
  • Consistency: 33 of 34 current checks pass · 1 finding to review
  • Schedules: 7 filed schedules · includes major donors, grants, and executive pay
  • Filing history: 15 filing years from 2010 to 2024
  • Contacts: How to reach this organization
  • Money network: 9 filed money-flow records
  • Related organizations: 7 filed related-organization links
  • 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.
  • Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.

Key Signals

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

  • High — Sustainability: Total-asset coverage ratio scored 23/100.
  • Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
  • Moderate — Sustainability: Officer compensation ratio scored 33/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 49/100.