Quick charity verification for Renaissance Charter School (EIN: 113550391)
Verdict: Renaissance Charter School appears trustworthy
92/100Mission Score
$16.8MRevenue
$6.5MAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Consistent revenue growth, from $9.38M in 2014 to $15.34M in 2023.
Positive net assets and growing asset base, reaching $5.73M in 2023.
Expenses consistently below revenue in recent years (e.g., $14.13M expenses vs $15.34M revenue in 2023).
0% reported officer compensation across all filings, indicating high efficiency in leadership costs.
Strong program focus inherent in its NTEE code (B29 - Elementary & Secondary Education) and charter school structure.
Spending Breakdown
How Renaissance Charter School allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
7%
Admin Costs
Reasonable — admin costs in check
3%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.
How to Interpret This Report
What Red Flags Mean
Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.
What Mission Score Measures
The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.
Using This Data for Donation Decisions
Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.
Frequently Asked Questions about Renaissance Charter School
Is Renaissance Charter School a legitimate charity?
Based on AI analysis of IRS 990 filings, Renaissance Charter School (EIN: 113550391) appears trustworthy. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.
Is Renaissance Charter School a good charity to donate to?
Renaissance Charter School has a Mission Score of 92/100. Revenue: $16.8M. Assets: $6.5M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Renaissance Charter School?
The Employer Identification Number (EIN) for Renaissance Charter School is 113550391. This is the unique tax ID assigned by the IRS.
What is a Mission Score?
The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.
How does Renaissance Charter School spend its money?
Renaissance Charter School allocates 90% to programs, 7% to administration, and 3% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Renaissance Charter School's tax-exempt status?
You can verify Renaissance Charter School's tax-exempt status using EIN 113550391 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.
AI Transparency Report
Renaissance Charter School demonstrates consistent financial growth, with revenue increasing from $9.38 million in 2014 to $15.34 million in 2023. The organization consistently spends less than its revenue, as seen in 2023 where expenses were $14.13 million against $15.34 million in revenue, indicating sound financial management and the ability to build reserves. Assets have also shown significant growth, reaching $5.73 million in 2023 from $2.86 million in 2014, suggesting a healthy balance sheet and investment in its operational capacity.
The school's spending efficiency appears strong, as it is a charter school, implying that the vast majority of its expenses are directly tied to educational programs. The consistent reporting of 0% officer compensation across all filings indicates a commitment to directing funds towards its mission rather than executive salaries, which is a positive sign for donors and stakeholders. The organization's financial health appears stable and growing, with a clear focus on its educational mission.
Transparency is high given the consistent filing of IRS Form 990s over 13 periods, providing a comprehensive historical financial record. The absence of reported officer compensation simplifies the analysis of how funds are allocated, further enhancing transparency. The consistent positive net assets in recent years (e.g., $5.73M assets vs $2.81M liabilities in 2023) also points to a well-managed and financially stable institution.