Renaissance Charter School

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Renaissance Charter School Form 990, Revenue, CEO Pay, and IRS Filing Signals

Renaissance Charter School is surfaced here as a decision-ready nonprofit financial profile, not just a charity listing. The page consolidates IRS Form 990 revenue, expenses, assets, tax-exempt classification, executive compensation, mission score, red flags, and year-by-year filing history so donors, researchers, journalists, and grant teams can answer the common search questions around Renaissance Charter School in one place.

Is Renaissance Charter School Legit?

Appears Legitimate

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

IRS 990 Data Cockpit

Where the Money Comes From and Where It Goes

Across stored filings, Renaissance Charter School shows contribution history pending. Next enrichment targets: revenue-source fields, IRS BMF classification.

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Renaissance Charter School directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

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.

Organization Overview

Renaissance Charter School is a large nonprofit that has been operating for 25 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 5.1%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Financial Health Grade: A

In 2023, Renaissance Charter School reported a surplus of $1.2M with revenue exceeding expenses, holds 4.9 months of operating reserves (adequate), has a debt-to-asset ratio of 49.0% (moderate leverage).

Financial Trends

Over 13 years of filings (2011–2023), Renaissance Charter School's revenue has grown at a compound annual growth rate (CAGR) of 5.1%.

IRS Tax-Exempt Classification

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

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.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

• The organization reported a surplus of $1.2M, with revenue exceeding expenses.
• Debt-to-asset ratio: 49.0%.

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

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-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.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Renaissance Charter School:

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.