Overview
What is The Renaissance Education Group Inc?
The Renaissance Education Group Inc, situated in Durham, North Carolina, is a nonprofit organization dedicated to offering educational programs and services to underprivileged, at-risk, and disadvantaged youth, as well as their families and institutions that support them. Their primary mission is to provide fundamental support to these individuals in their preparation for college entrance, ensuring their success in pre-college performance and higher education pursuits. This support encompasses academic tutoring, counseling services, assistance with college entrance exams and applications, information about federal student financial aid programs, exposure to cultural events, and summer programs. With a staff of nine individuals, The Renaissance Education Group Inc is committed to uplifting and empowering underserved youth, contributing positively to their educational journey.
Official website here: www.renaissance-ed.net
What are the reviews and ratings of this charity?
Rating from Charity Navigator: Two-Star out of Four Stars (66%)
The Renaissance Education Group Inc has received a Two-Star rating from Charity Navigator, indicating some concerns regarding its financial transparency. The overall score is based solely on the Accountability & Finance category, where the organization scored 66%. While it demonstrates strong governance practices, such as having a fully independent board and effective conflict of interest and whistleblower policies, it fell short in the area of financial reporting.
A critical limitation noted in the evaluation is the lack of financial statements, which significantly impacts its accountability score. Additionally, the organization has a concerning liabilities to assets ratio, suggesting potential financial instability. However, it appears to allocate a substantial portion of its expenses towards programs, achieving a perfect score in this area.
Overall, while The Renaissance Education Group Inc has established a solid framework for governance, the deficiencies in financial reporting and the high liabilities to assets ratio raise questions about its overall financial health. Prospective donors may want to consider these factors when evaluating their support for the organization.
This AI summary has been generated from information found on Charity Navigator.
Is The Renaissance Education Group Inc legitimate?
The Renaissance Education Group Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Renaissance Education Group Inc 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: $281,014
Professional Fundraising Fees: $0
Other Salaries and Wages: $166,424
For more financial information, click here
Official website here: www.renaissance-ed.net
What is the mission statement of The Renaissance Education Group Inc?
The Renaissance Education Group Inc's mission is centered around providing educational programs and services to at-risk, underserved, and disadvantaged youth, their families, and organizations working with them. Their mission is to support these individuals in their pursuit of higher education, offering essential resources such as academic tutoring, counseling services, assistance with college applications, information on financial aid, and exposure to cultural events. The group's activities aim to prepare participants for college entrance and ultimately, their higher education pursuits.
Official website here: www.renaissance-ed.net
Who is the CEO of The Renaissance Education Group Inc?
Dr Kenneth Mitchell is the Executive Director of The Renaissance Education Group Inc.
Official website here: www.renaissance-ed.net
What is the revenue of The Renaissance Education Group Inc?
The Renaissance Education Group Inc's revenue in 2022 was $891,066.
Official website here: www.renaissance-ed.net
Who are the executives of The Renaissance Education Group Inc and what are their salaries?
The average compensation at The Renaissance Education Group Inc during 2022 was $49,715. There are 9 employees and 4 volunteers at The Renaissance Education Group Inc.
Here are 5 key members and their salaries:
- Compensation: $259,253
- Related: $0
- Other: $21,761
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.renaissance-ed.net
Where can I find the form 990 for The Renaissance Education Group Inc?
The Renaissance Education Group Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.renaissance-ed.net
Learn more at the official website: www.renaissance-ed.net
Mission Statement of The Renaissance Education Group Inc
The Renaissance Education Group Inc is committed to providing educational programs and services to at-risk, underserved, and disadvantaged youth, their families, and organizations and institutions that work with them. Their mission revolves around offering support tailored to this specific demographic, aiming to empower them and equip them with the tools necessary for academic success.
In essence, The Renaissance Education Group Inc seeks to make a significant impact in the lives of these young individuals by offering various educational programs and services. One of their primary initiatives is the Upward Bound Program, which provides fundamental support to participants as they prepare for college entrance. This program offers a range of services, including academic tutoring, counseling, assistance with college applications and entrance examinations, information on financial aid programs, and exposure to cultural events and academic programs. The ultimate goal is to help these students excel in their pre-college performance and ultimately succeed in their higher education pursuits.
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Impact
October, 2024
The Renaissance Education Group Inc has a significant impact on at-risk, underserved, and disadvantaged youth by offering educational programs and support services designed to enhance their academic performance and college readiness. Through initiatives like the Upward Bound Program, the organization provides essential resources that empower participants to navigate the complexities of higher education.
This includes academic tutoring, which helps students improve their skills and knowledge in critical subjects, as well as counseling services that guide them in making informed decisions about their educational journeys. The group assists participants in completing college entrance examinations and applications, demystifying the application process and increasing the likelihood of acceptance into colleges.
Furthermore, Renaissance Education Group Inc connects students with federal student financial aid information, ensuring they are aware of available resources to fund their education. By exposing participants to cultural events and additional academic programs, the organization enriches their educational experience, broadening their horizons and fostering a love for learning.
Overall, the programs and services offered by The Renaissance Education Group Inc play a vital role in supporting youth in their quest for higher education, ultimately contributing to their personal and academic success.
This information is meant to be a general summary of The Renaissance Education Group Inc. 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.
- Gross Receipts: $891,066
Assets and Liabilities:
- Total Assets: $556,555
- Total Liabilities: $620,697
- Net Assets: -$64,142
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Organization Details
Founding Year
2006
Phone
(919) 416-1736Principal Officer
Dr Kenneth Mitchell
Main Address
4841-E INDUSTRY LANE, DURHAM, NC, 27713
Website
www.renaissance-ed.netNTEE Category
Code: P40 - Human services
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