Overview
What is Renaissance Academy Inc?
Renaissance Academy Inc, situated in Laporte, Indiana, is a renowned private education center that caters to students from the tender age of 2 to the brink of adolescence, up to 14 years old. The academy offers a comprehensive curriculum, including toddler programs, Montessori preschool, Kindergarten, and a traditional elementary school curriculum based on the Montessori method for grades 1 through 8. Moreover, Renaissance Academy Inc is an Indiana-sponsored charter school, further expanding its educational reach and opportunities for students in grades 1 through 8. The institution's mission is to provide a nurturing and enriching learning environment that fosters intellectual, social, and emotional growth in its students.
What are the reviews and ratings of this charity?
Charity Navigator rating: 49% (Zero-Star out of Four Star rating)
Renaissance Academy Inc has received a low rating of 49%, which indicates significant concerns regarding its accountability and financial practices. The organization has notably failed to establish an independent board, with 0% of its board members being independent, which raises questions about oversight and governance. Although the financial statements are in order, the absence of key policies such as a conflict of interest policy and a whistleblower policy detracts from its accountability.
One strength highlighted in the evaluation is the organization's effective management of assets, as evidenced by a low liabilities to assets ratio of 39.72%. However, the program expense ratio is concerning at just 52.16%, suggesting that a larger portion of its expenses may not be directed towards its programs and services. This raises further concerns about the overall impact and effectiveness of the organization’s initiatives.
Furthermore, the organization's lack of transparency is underscored by missing essential documents on its website, including tax forms and other required policies. This lack of accessible information may hinder potential donors' confidence and the organization's overall credibility in the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is Renaissance Academy Inc legitimate?
Renaissance Academy Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Renaissance Academy 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: $123,201
Professional Fundraising Fees: $0
Other Salaries and Wages: $44,635
For more financial information, click here
What is the mission statement of Renaissance Academy Inc?
Renaissance Academy Inc., as an educational institution, is committed to operating both a Montessori school for preschool students and an Indiana-sponsored charter school for grades 1 through 8. Their mission is to provide a comprehensive educational experience, starting from toddler years and continuing through elementary school, utilizing a Montessori-based curriculum. The academy aims to foster a learning environment that caters to the growth and development of students aged 2 to 14. Their curriculum encompasses essential subjects, ensuring a well-rounded educational journey for each student.
Who is the CEO of Renaissance Academy Inc?
Kieran Mchugh is the President of Renaissance Academy Inc.
What is the revenue of Renaissance Academy Inc?
Renaissance Academy Inc's revenue in 2023 was $2,647,201.
Who are the executives of Renaissance Academy Inc and what are their salaries?
There 15 volunteers at Renaissance Academy Inc.
Here are 3 key members and their salaries:
- Compensation: $98,067
- Related: $0
- Other: $0
- Compensation: $91,477
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Renaissance Academy Inc?
Renaissance Academy Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Renaissance Academy Inc
Renaissance Academy Inc, a private educational center, is committed to operating a Montessori school for preschool students and an Indiana-sponsored charter school for grades 1 through 8. The organization's mission is twofold. Firstly, it aims to provide a nurturing environment for young learners through its Montessori preschool program, encouraging independent exploration and learning. Secondly, Renaissance Academy Inc extends its educational services to elementary school students, offering a traditional curriculum based on Montessori principles for grades 1 through 8. This holistic approach to education seeks to serve children aged 2 through 14, fostering their cognitive, social, and emotional development in a supportive and stimulating learning environment.
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Impact
October, 2024
Renaissance Academy Inc significantly enriches the educational landscape by providing a Montessori-based environment that caters to preschoolers as well as students in grades 1 through 8. Located in LaPorte, Indiana, it offers a diverse curriculum that fosters individual learning and intellectual curiosity, targeting children aged 2 to 14.
By blending Montessori principles with traditional education for older students, Renaissance Academy promotes holistic development through hands-on learning experiences, critical thinking, and collaborative projects. This unique approach not only supports academic achievement but also nurtures social, emotional, and cognitive growth, preparing students for future educational pursuits and life challenges.
The school’s commitment to personalized education accommodates various learning styles, ensuring that each child can thrive at their own pace. As a result, Renaissance Academy plays a pivotal role in shaping informed, capable, and engaged members of the community.
This information is meant to be a general summary of Renaissance Academy 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 2023.
- Gross Receipts: $2,647,201
Assets and Liabilities:
- Total Assets: $2,048,117
- Total Liabilities: $813,619
- Net Assets: $1,234,498
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ENRICHMENT & EXTENDED DAYCARE
Organization Details
Founding Year
1999
Phone
(219) 878-8711Principal Officer
Kieran Mchugh
Main Address
4093 W US HWY 20, LAPORTE, IN, 46350
NTEE Category
Code: B24 - Education
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