Overview
What is Renaissance Academy Charter School?
The Renaissance Academy Charter School is a renowned, tuition-free public institution located in Phoenixville, Pennsylvania. Catering to students in kindergarten through grade 12, this award-winning charter school is dedicated to nurturing a diverse student body, preparing them for future academic, professional, and civic success. The school's mission is to cultivate well-rounded children who can excel in various aspects of life.
Official website here: www.rak12.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 93%, Four-Star out of Four Star rating.
Renaissance Academy Charter School has received a commendable Four-Star rating from Charity Navigator, reflecting a strong performance in accountability and finance with a score of 93%. This high rating is indicative of the organization's commitment to transparency and responsible financial management, which is essential for building trust with stakeholders and ensuring effective use of resources.
The nonprofit excels in several key areas, including having a fully independent board, robust financial oversight through its audit committee, and comprehensive policies related to conflicts of interest and whistleblower protections. Such strong governance practices contribute positively to the organization's overall operational integrity and highlight its dedication to ethical standards.
While the organization's liabilities to assets ratio is relatively healthy at 54.47%, indicating a good balance between its debts and assets, there is always room for improvement in financial stability. Nonetheless, the high program expense ratio demonstrates a strong commitment to directing funds towards its mission-driven activities, ensuring that the majority of its resources benefit the community it serves.
This AI summary has been generated from information found on Charity Navigator.
Is Renaissance Academy Charter School legitimate?
Renaissance Academy Charter School is a legitimate nonprofit organization registered as a 501(c)(3) entity. Renaissance Academy Charter School 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $8,503,076
For more financial information, click here
Official website here: www.rak12.org
What is the mission statement of Renaissance Academy Charter School?
The Renaissance Academy is committed to educating children from kindergarten through twelfth grade. Their mission is geared towards readying a diverse student body for success in various capacities: as students, professionals, and citizens. This college-prep charter school strives to prepare students for a bright future.
Official website here: www.rak12.org
Who is the CEO of Renaissance Academy Charter School?
Daniel Rufo is the President of Renaissance Academy Charter School.
Official website here: www.rak12.org
What is the revenue of Renaissance Academy Charter School?
Renaissance Academy Charter School's revenue in 2022 was $22,210,420.
Official website here: www.rak12.org
Who are the executives of Renaissance Academy Charter School and what are their salaries?
The average compensation at Renaissance Academy Charter School during 2022 was $54,160. There are 157 employees at Renaissance Academy Charter School.
Here are 17 key members and their salaries:
- Compensation: $164,440
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- Other: $92,127
- Compensation: $115,483
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- Other: $67,655
- Compensation: $102,497
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- Other: $70,219
- Compensation: $101,920
- Related: $0
- Other: $69,830
- Compensation: $100,244
- Related: $0
- Other: $68,922
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Official website here: www.rak12.org
Where can I find the form 990 for Renaissance Academy Charter School?
Renaissance Academy Charter School's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.rak12.org
Learn more at the official website: www.rak12.org
Mission Statement of Renaissance Academy Charter School
The Renaissance Academy Charter School, a renowned educational institution, is committed to kindling the potential of children from kindergarten to twelfth grade. Nestled in an unspecified location, this tuition-free public school boasts an award-winning, college-prep curriculum designed to foster success among its diverse student body.
In their mission, the educators at Renaissance Academy Charter School pledge to prepare the next generation of students not just for academic achievement, but also for the realms of work and citizenship. Their ultimate goal is to unlock the hidden talents and abilities of each child, ensuring they are well-equipped to navigate their futures.
By providing a rigorous education program, Renaissance Academy Charter School empowers students to excel, ultimately setting them on a path towards a fulfilling and productive life. Although the specifics of the curriculum and teaching methods are unmentioned, it is evident that the institution places a strong emphasis on academic proficiency and character development.
In summary, the Renaissance Academy Charter School is a beacon of hope and opportunity for students in the early stages of their educational journey. By offering a top-tier education free of charge, this institution not only fosters academic growth but also lays the groundwork for future professional and personal success.
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Impact
October, 2024
Renaissance Academy Charter School significantly impacts the educational landscape in Phoenixville, Pennsylvania, by providing a college-preparatory curriculum for students from kindergarten through 12th grade. Its commitment to fostering a diverse learning environment prepares children not only for academic success but also for their future roles as responsible citizens and contributors to society.
The school's award-winning programs are designed to help students excel, equipping them with the skills needed for further education and the workforce. By offering a tuition-free education, Renaissance Academy ensures that high-quality schooling is accessible to a broad cross-section of the community, promoting equity and inclusivity in education. This focus on preparation for both academic and life success plays a crucial role in shaping well-rounded, competent individuals who are ready to face the challenges of the modern world.
This information is meant to be a general summary of Renaissance Academy Charter School. 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: $11,025
- Program Service Revenue: $19,675,559
- Gross Receipts: $22,218,375
Assets and Liabilities:
- Total Assets: $45,725,085
- Total Liabilities: $24,833,613
- Net Assets: $20,891,472
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION
Revenue
$19,552,330
PROGRAM FEES
Revenue
$116,451
LUNCH
Revenue
$6,778
Organization Details
Founding Year
1999
Phone
(610) 983-4080Principal Officer
Daniel Rufo
Main Address
413 FAIRVIEW ST, PHOENIXVILLE, PA, 19460
Website
www.rak12.orgNTEE Category
Code: B29 - Education
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