Renaissance Learning Academy Inc

Renaissance Learning Academy Inc shows consistent growth and no reported officer compensation over the past decade.

EIN: 208953740 · Jupiter, FL · NTEE: B29 · Updated: 2026-03-28

$7.3MRevenue
$7.3MGross Revenue
$3.2MAssets
90/100Mission Score (Excellent)
B29
Renaissance Learning Academy Inc Financial Summary
MetricValue
Total Revenue$7.3M
Total Expenses$4.6M
Program Spending85%
CEO/Top Officer Pay$5
Net Assets$3.1M
Transparency Score90/100

Is Renaissance Learning Academy Inc Legit?

Some Concerns

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
1 FoundRed Flags

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

Renaissance Learning Academy Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Renaissance Learning Academy Inc

Renaissance Learning Academy Inc (EIN: 208953740) is a nonprofit organization based in Jupiter, FL, classified under NTEE code B29. The organization reported total revenue of $7.3M and total assets of $3.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Renaissance Learning Academy Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

18Years Operating
Mid-SizeSize Classification
13Years of Filings
GrowingRevenue Trajectory

Renaissance Learning Academy Inc is a mid-size nonprofit that has been operating for 18 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 13.1%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$5.2M
Total Expenses$4.6M
Surplus / Deficit+$650K
Total Assets$3.5M
Total Liabilities$425K
Net Assets$3.1M
Operating Margin12.4%
Debt-to-Asset Ratio12.0%
Months of Reserves9.3 months

Financial Health Grade: A

In 2023, Renaissance Learning Academy Inc reported a surplus of $650K with revenue exceeding expenses, holds 9.3 months of operating reserves (strong position), has a debt-to-asset ratio of 12.0% (very low leverage).

Financial Trends

Over 13 years of filings (2011–2023), Renaissance Learning Academy Inc's revenue has grown at a compound annual growth rate (CAGR) of 13.1%.

YearRevenue ChangeExpense ChangeAsset Change
2023+14.3%+8.0%+26.1%
2022+6.0%+16.4%+11.9%
2021+16.4%+0.8%+16.1%
2020+3.6%+5.4%+31.0%
2019+7.3%+11.3%+10.0%

IRS Tax-Exempt Classification

IRS Classification Codes2000
IRS Ruling Date2008

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

AI Transparency Report

Renaissance Learning Academy Inc demonstrates consistent financial growth and appears to be in a healthy financial position. Over the past decade, the organization has shown a steady increase in revenue, from $2,253,464 in 2014 to $5,243,780 in 2023, indicating strong fundraising or program demand. Their assets have also grown significantly, from $870,115 to $3,544,884 in the same period, suggesting good financial management and accumulation of resources. The organization consistently reports 0% officer compensation, which is a strong indicator of transparency and a commitment to directing funds towards its mission rather than executive salaries. This practice is highly commendable and contributes positively to their overall financial health and public trust. The organization's spending efficiency is notable, with expenses consistently lower than revenue in most years, leading to an increase in net assets. For example, in 2023, revenue was $5,243,780 against expenses of $4,593,689, resulting in a surplus. This consistent surplus generation allows for reinvestment in programs or building reserves. The absence of reported officer compensation further reinforces the perception of efficient spending, as a significant portion of funds is not diverted to high executive salaries. This financial discipline, combined with sustained growth, paints a picture of a well-managed and financially sound nonprofit.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Renaissance Learning Academy Inc with a Mission Score of 90 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: 10%
  • programs: 85%
  • fundraising: 5%

According to IRS 990 filings, Renaissance Learning Academy Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% 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:

$5.2MTotal Revenue
$4.6MTotal Expenses
$3.5MTotal Assets
$425KTotal Liabilities
$3.1MNet Assets
  • The organization reported a surplus of $650K, with revenue exceeding expenses.
  • Debt-to-asset ratio: 12.0%.

Executive Compensation Analysis

Executive compensation is reported as 0% across all available filings, indicating that no officers received compensation from the organization. This is highly unusual for an organization of its size with over $5 million in annual revenue and suggests either a volunteer leadership model or compensation is covered by a related entity, which would warrant further investigation for complete transparency.

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.

Red Flags

The following concerns were identified during AI analysis of Renaissance Learning Academy Inc's IRS 990 filings:

  • No reported officer compensation, which is unusual for an organization of this size and could indicate compensation through a related entity or other means not directly disclosed on the 990.

Strengths

The following positive indicators were identified for Renaissance Learning Academy Inc:

  • Consistent revenue growth over a decade, from $2.25M in 2014 to $5.24M in 2023.
  • Healthy asset growth, increasing from $870K in 2014 to $3.54M in 2023.
  • Consistent financial surplus, with revenue exceeding expenses in most years (e.g., $5.24M revenue vs. $4.59M expenses in 2023).
  • 0% reported officer compensation, indicating a strong commitment to directing funds towards programs.

Frequently Asked Questions about Renaissance Learning Academy Inc

Is Renaissance Learning Academy Inc a legitimate charity?

Renaissance Learning Academy Inc (EIN: 208953740) is a registered tax-exempt nonprofit based in Florida. Our AI analysis gives it a Mission Score of 90/100. It has 13 years of IRS 990 filings on record. Total revenue: $7.3M. 1 red flag identified. 4 strengths noted. Financial health grade: A.

How does Renaissance Learning Academy Inc spend its money?

Renaissance Learning Academy Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.

Are donations to Renaissance Learning Academy Inc tax-deductible?

Renaissance Learning Academy Inc is registered as a tax-exempt nonprofit (EIN: 208953740). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

How much does the Renaissance Learning Academy Inc CEO make?

Renaissance Learning Academy Inc's highest-compensated officer earns $5 annually. The organization reported $7.3M in total revenue. Executive compensation data is disclosed in IRS 990 filings.

What percentage of Renaissance Learning Academy Inc's spending goes to programs?

Renaissance Learning Academy Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.

How does Renaissance Learning Academy Inc compare to similar nonprofits?

With a transparency score of 90/100 (Excellent), Renaissance Learning Academy Inc is above average for NTEE category B29 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.

Where is Renaissance Learning Academy Inc located?

Renaissance Learning Academy Inc is headquartered in Jupiter, Florida and files with the IRS under EIN 208953740. It is classified under NTEE code B29.

How many years of IRS 990 filings does Renaissance Learning Academy Inc have?

Renaissance Learning Academy Inc has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $7.3M in total revenue.

Is Renaissance Learning Academy Inc a good charity?

Based on the provided financial data, Renaissance Learning Academy Inc appears to be a well-managed and financially healthy organization. They demonstrate consistent revenue and asset growth, maintain a surplus, and notably report 0% officer compensation, which suggests a strong commitment to their mission. However, further investigation into how leadership is compensated, if at all, would provide a more complete picture.

How has Renaissance Learning Academy Inc's revenue grown over time?

Renaissance Learning Academy Inc has experienced significant revenue growth, increasing from $2,253,464 in 2014 to $5,243,780 in 2023, representing a more than doubling of their annual income over a decade.

What is the organization's approach to executive compensation?

The organization consistently reports 0% officer compensation in all available IRS 990 filings, indicating that no officers received direct compensation from Renaissance Learning Academy Inc.

Filing History

IRS 990 filing history for Renaissance Learning Academy Inc showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Renaissance Learning Academy Inc's revenue has grown by 339.7%, moving from $1.2M to $5.2M. Total assets increased by 800.7% over the same period, from $394K to $3.5M. Total functional expenses rose by 368.5%, from $981K to $4.6M. In its most recent filing year (2023), Renaissance Learning Academy Inc reported a surplus of $650K, with revenue exceeding expenses. The organization holds $425K in liabilities against $3.5M in assets (debt-to-asset ratio: 12.0%), resulting in net assets of $3.1M.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $5.2M $4.6M $3.5M $425K
2022 $4.6M $4.3M $2.8M $342K View 990
2021 $4.3M $3.7M $2.5M $446K View 990
2020 $3.7M $3.6M $2.2M $770K View 990
2019 $3.6M $3.4M $1.7M $352K View 990
2018 $3.3M $3.1M $1.5M $352K View 990
2017 $3.1M $2.8M $1.1M $222K View 990
2016 $2.7M $2.6M $847K $213K View 990
2015 $2.4M $2.5M $802K $206K View 990
2014 $2.3M $2.1M $870K $147K View 990
2013 $1.9M $1.6M $651K $99K View 990
2012 $1.3M $1.4M $370K $58K View 990
2011 $1.2M $981K $394K $30K View 990

Year-by-Year Financial Summary

  • 2023: Revenue of $5.2M, expenses of $4.6M, and assets of $3.5M (revenue +14.3% year-over-year).
  • 2022: Revenue of $4.6M, expenses of $4.3M, and assets of $2.8M (revenue +6.0% year-over-year).
  • 2021: Revenue of $4.3M, expenses of $3.7M, and assets of $2.5M (revenue +16.4% year-over-year).
  • 2020: Revenue of $3.7M, expenses of $3.6M, and assets of $2.2M (revenue +3.6% year-over-year).
  • 2019: Revenue of $3.6M, expenses of $3.4M, and assets of $1.7M (revenue +7.3% year-over-year).
  • 2018: Revenue of $3.3M, expenses of $3.1M, and assets of $1.5M (revenue +8.1% year-over-year).
  • 2017: Revenue of $3.1M, expenses of $2.8M, and assets of $1.1M (revenue +16.5% year-over-year).
  • 2016: Revenue of $2.7M, expenses of $2.6M, and assets of $847K (revenue +11.9% year-over-year).
  • 2015: Revenue of $2.4M, expenses of $2.5M, and assets of $802K (revenue +5.2% year-over-year).
  • 2014: Revenue of $2.3M, expenses of $2.1M, and assets of $870K (revenue +19.8% year-over-year).
  • 2013: Revenue of $1.9M, expenses of $1.6M, and assets of $651K (revenue +41.7% year-over-year).
  • 2012: Revenue of $1.3M, expenses of $1.4M, and assets of $370K (revenue +11.3% year-over-year).
  • 2011: Revenue of $1.2M, expenses of $981K, and assets of $394K.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Renaissance Learning Academy Inc:

2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2018 Filing 2017 Filing 2016 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing

Data Sources and Methodology

This transparency report for Renaissance Learning Academy Inc 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.

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