Quick charity verification for Renaissance Education Group Inc (EIN: 204278267)
Verdict: Renaissance Education Group Inc shows mixed signals
65/100Mission Score
$891KRevenue
$557KAssets
4Red Flags
3Strengths
Red Flags
Consistent deficit spending (expenses exceeding revenue) in multiple years, including 2022 and 2021.
Liabilities exceeding assets in the latest filing (2022), indicating a negative net asset position.
Significant fluctuation in revenue year-over-year, making financial planning potentially challenging.
Unusually low (0%) reported officer compensation for an organization of this size and operational history.
Strengths
Consistent operational presence for over a decade, indicating resilience.
No reported officer compensation, suggesting a focus on minimizing executive overhead.
Steady asset growth over the long term, from $159,772 in 2013 to $556,555 in 2022, despite recent financial challenges.
Spending Breakdown
How Renaissance Education Group Inc allocates its funds across programs, administration, and fundraising.
85%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
5%
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 Education Group Inc
Is Renaissance Education Group Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Renaissance Education Group Inc (EIN: 204278267) shows mixed signals. Mission Score: 65/100. 4 red flags identified, 3 strengths noted.
Is Renaissance Education Group Inc a good charity to donate to?
Renaissance Education Group Inc has a Mission Score of 65/100. Revenue: $891K. Assets: $557K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Renaissance Education Group Inc?
The Employer Identification Number (EIN) for Renaissance Education Group Inc is 204278267. 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 Education Group Inc spend its money?
Renaissance Education Group Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Renaissance Education Group Inc's tax-exempt status?
You can verify Renaissance Education Group Inc's tax-exempt status using EIN 204278267 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 Education Group Inc. demonstrates consistent operational activity, with revenues fluctuating between approximately $800,000 and $1.2 million over the past decade. A notable trend is that expenses frequently exceed revenues, as seen in 2022 ($946,121 expenses vs. $891,066 revenue) and 2021 ($1,262,779 expenses vs. $1,250,358 revenue), indicating a pattern of deficit spending. This has led to a growing liabilities-to-assets ratio, with liabilities exceeding assets in 2022 ($620,697 liabilities vs. $556,555 assets), which could pose long-term financial stability concerns. The organization's consistent reporting of 0% officer compensation across all available filings suggests a commitment to minimizing administrative overhead in this specific area, enhancing its transparency regarding executive pay.