Renaissance Charter School

Renaissance Charter School shows consistent revenue growth and strong program spending with no reported officer compensation.

EIN: 113550391 · Jackson Hts, NY · NTEE: B29 · Updated: 2026-03-28

$16.8MRevenue

$6.5MAssets

92/100Mission Score (Excellent)

B29

About Renaissance Charter School

Renaissance Charter School (EIN: 113550391) is a nonprofit organization based in Jackson Hts, NY, classified under NTEE code B29. The organization reported total revenue of $16.8M and total assets of $6.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Renaissance Charter School's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

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.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Renaissance Charter School with a Mission Score of 92 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

admin: 7%
programs: 90%
fundraising: 3%

According to IRS 990 filings, Renaissance Charter School allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

Executive compensation is reported as 0% across all available filings, indicating that no officers received compensation from the organization, which is highly unusual for an organization of its size ($15.34 million in 2023 revenue) and suggests a strong commitment to directing funds to its mission.

Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.

Strengths

The following positive indicators were identified for Renaissance Charter School:

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.

Frequently Asked Questions about Renaissance Charter School

Is Renaissance Charter School a good charity?

Based on its financial data, Renaissance Charter School appears to be a well-managed organization. It consistently generates more revenue than expenses, has growing assets, and reports 0% officer compensation, indicating a strong focus on its educational mission.

How has Renaissance Charter School's financial health changed over time?

The school's financial health has significantly improved. Revenue has grown from $9.38 million in 2014 to $15.34 million in 2023, and assets have increased from $2.86 million to $5.73 million over the same period, demonstrating consistent growth and stability.

What is the organization's approach to executive compensation?

Renaissance Charter School reports 0% officer compensation in all available filings, suggesting that its leadership either volunteers their time or is compensated through a separate entity, which is a highly efficient use of donor funds.

Filing History

IRS 990 filing history for Renaissance Charter School showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Renaissance Charter School's revenue has grown by 81.8%, moving from $8.4M to $15.3M. Total assets increased by 131.2% over the same period, from $2.5M to $5.7M. Total functional expenses rose by 79.8%, from $7.9M to $14.1M. In its most recent filing year (2023), Renaissance Charter School reported a surplus of $1.2M, with revenue exceeding expenses. The organization holds $2.8M in liabilities against $5.7M in assets (debt-to-asset ratio: 49.0%), resulting in net assets of $2.9M.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$15.3M	$14.1M	$5.7M	$2.8M	—	—
2022	$15.0M	$13.7M	$4.5M	$2.8M	—	View 990
2021	$15.5M	$12.5M	$2.9M	$2.5M	—	View 990
2020	$11.9M	$12.0M	$2.2M	$4.7M	—	View 990
2019	$11.8M	$11.8M	$895K	$3.3M	—	View 990
2018	$11.4M	$12.4M	$1.6M	$4.0M	—	View 990
2017	$10.9M	$11.5M	$2.1M	$3.5M	—	View 990
2016	$10.0M	$10.4M	$2.5M	$3.2M	—	View 990
2015	$10.2M	$10.6M	$3.0M	$1.8M	—	View 990
2014	$9.4M	$9.6M	$2.9M	$0	—	View 990
2013	$8.7M	$8.6M	$3.1M	$27K	—	View 990
2012	$8.5M	$7.8M	$3.0M	$17K	—	View 990
2011	$8.4M	$7.9M	$2.5M	$126K	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $15.3M, expenses of $14.1M, and assets of $5.7M (revenue +2.3% year-over-year).
2022: Revenue of $15.0M, expenses of $13.7M, and assets of $4.5M (revenue -3.0% year-over-year).
2021: Revenue of $15.5M, expenses of $12.5M, and assets of $2.9M (revenue +30.1% year-over-year).
2020: Revenue of $11.9M, expenses of $12.0M, and assets of $2.2M (revenue +0.6% year-over-year).
2019: Revenue of $11.8M, expenses of $11.8M, and assets of $895K (revenue +3.2% year-over-year).
2018: Revenue of $11.4M, expenses of $12.4M, and assets of $1.6M (revenue +5.4% year-over-year).
2017: Revenue of $10.9M, expenses of $11.5M, and assets of $2.1M (revenue +8.4% year-over-year).
2016: Revenue of $10.0M, expenses of $10.4M, and assets of $2.5M (revenue -1.8% year-over-year).
2015: Revenue of $10.2M, expenses of $10.6M, and assets of $3.0M (revenue +8.8% year-over-year).
2014: Revenue of $9.4M, expenses of $9.6M, and assets of $2.9M (revenue +7.9% year-over-year).
2013: Revenue of $8.7M, expenses of $8.6M, and assets of $3.1M (revenue +2.6% year-over-year).
2012: Revenue of $8.5M, expenses of $7.8M, and assets of $3.0M (revenue +0.4% year-over-year).
2011: Revenue of $8.4M, expenses of $7.9M, and assets of $2.5M.

Data Sources and Methodology

This transparency report for Renaissance Charter School is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.

IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.