Overview
What is Rensselaerville Institute?
The Rensselaerville Institute is a nonprofit organization based in Albany, New York, specifically located at 90 State Street 700. Their primary focus is on school turnaround, an intensive intervention and leadership development initiative designed for schools and districts experiencing significant challenges. This program aims to facilitate urgent change within a year, unlike many educational initiatives that take place over an extended period. The Rensselaerveille Institute also supports foundations, governments, and individual donors in investing in social programs with the same rigor as financial investors, guiding nonprofits and community organizations to set and track targets for significant gains. They currently employ 14 individuals.
Official website here: www.rinstitute.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 92% (Four-Star out of Four Stars)
Rensselaerville Institute has achieved a commendable Four-Star rating from Charity Navigator, reflecting its strong commitment to accountability and finance. The overall score is derived entirely from its accountability measures, where it scored an impressive 92%. This high score indicates a well-managed organization with transparent financial practices that ensures donor trust and effective use of resources.
The organization boasts a fully independent board, with all members meeting the criteria for independence. Additionally, it has a strong financial oversight structure, as shown by its perfect score in audit and oversight. Rensselaerville Institute also demonstrates prudent financial management, evidenced by a low liabilities-to-assets ratio and a significant portion of expenditures directed toward programs.
However, while the program expense ratio stands at 63.58%, indicating that a majority of funds are utilized for program activities, there may be room for improvement in this area to maximize the impact of its initiatives further. Overall, the Rensselaerville Institute demonstrates effective governance and financial integrity, which are key strengths for any nonprofit organization.
This AI summary has been generated from information found on Charity Navigator.
Is Rensselaerville Institute legitimate?
Rensselaerville Institute is a legitimate nonprofit organization registered as a 501(c)(3) entity. Rensselaerville Institute submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $569,549
Professional Fundraising Fees: $0
Other Salaries and Wages: $429,748
For more financial information, click here
Official website here: www.rinstitute.org
What is the mission statement of Rensselaerville Institute?
The Rensselaerville Institute supports foundations, governments, and individual donors in investing in social programs with the same rigor as financial investors. It helps non-profits and community organizations set and track targets to achieve significant improvements for those they serve. The institute is known for its School Turnaround initiative, a rigorous intervention and leadership development program designed for schools and districts facing urgent failures. This program, distinct from other educational initiatives, aims to bring about urgency and time-compressed change within a year.
Official website here: www.rinstitute.org
Who is the CEO of Rensselaerville Institute?
Mildred Toliver is the Trustee of Rensselaerville Institute.
Official website here: www.rinstitute.org
What is the revenue of Rensselaerville Institute?
Rensselaerville Institute's revenue in 2022 was $1,630,286.
Official website here: www.rinstitute.org
Who are the executives of Rensselaerville Institute and what are their salaries?
The average compensation at Rensselaerville Institute during 2022 was $71,378. There are 14 employees and 7 volunteers at Rensselaerville Institute.
Here are 13 key members and their salaries:
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- Compensation: $72,639
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Official website here: www.rinstitute.org
Where can I find the form 990 for Rensselaerville Institute?
Rensselaerville Institute's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.rinstitute.org
Learn more at the official website: www.rinstitute.org
Mission Statement of Rensselaerville Institute
The Rensselaerville Institute is an organization that supports foundations, governments, and individual donors in investing in social programs with the same rigor as investors seeking financial returns. It guides nonprofits and community organizations on how to set and track targets to achieve significant gains for those they serve. One of its notable initiatives is the School Turnaround program, an intensive intervention and leadership development initiative designed specifically for schools and districts where someone in power perceives a current failure that requires urgent intervention. Unlike most educational initiatives aimed at demonstrating student achievement, which typically take place over a long period, the School Turnaround program is proven to bring about urgency and time-compressed change within a year. The Rensselaerville Institute's mission is to promote effective and efficient social change by leveraging its expertise in data-driven decision-making and strategic planning.
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Impact
October, 2024
Rensselaerville Institute plays a crucial role in transforming underperforming schools through an intensive intervention and leadership development initiative. By focusing on school turnaround efforts, it empowers principals and educational leaders to address critical failures in their institutions with urgency and precision. Their approach is tailored for schools and districts that recognize an immediate need for improvement, helping them to navigate the complexities of educational reform within a compressed time frame—often achieving significant change within just one year.
The Institute's methodology emphasizes the setting and tracking of concrete targets, enabling schools to measure progress and impact effectively. By partnering with foundations, governments, and donors, Rensselaerville Institute leverages resources to ensure that investments in social programs yield substantial gains for students and communities. Through its strategic focus, it not only enhances educational outcomes but also cultivates a mindset within educational systems to approach challenges with the same rigor and commitment typically reserved for financial investments, ensuring sustainable improvement and success in student achievement.
This information is meant to be a general summary of Rensselaerville Institute. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $33,921
- Gross Receipts: $2,172,342
Assets and Liabilities:
- Total Assets: $2,100,512
- Total Liabilities: $185,195
- Net Assets: $1,915,317
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Organization Details
Founding Year
1963
Phone
(518) 797-3783Principal Officer
Mildred Toliver
Main Address
90 STATE STREET 700, ALBANY, NY, 12207
Website
www.rinstitute.orgNTEE Category
Code: P05 - Human services
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