Overview
What is Renew - Reinventing Education?
Renew - Reinventing Education is a charter management organization based in New Orleans, Louisiana, specifically at 1607 South Carrollton Ave 710. Their mission is to improve underperforming K-8 schools in the city by transforming them into academically rigorous institutions, preparing students for further education and careers. Renew operates three K-8 schools and an early childhood program. They have reported significant gains in student performance and development. With a team of 495 employees, Renew aims to deliver a high-quality education that equips students with the skills needed for future academic and professional success.
Official website here: www.renewschools.org
What are the reviews and ratings of this charity?
Charity Navigator rating: 96%, Four-Star out of Four Star rating.
Renew - Reinventing Education has received a high rating of 96%, reflecting its strong commitment to accountability and finance management. The charity has excelled in various metrics, particularly with a perfect score in Accountability & Finance, indicating robust governance and transparency practices. The organization also features a majority independent board, ensuring impartial oversight and decision-making.
The organization has established comprehensive policies, evidenced by their perfect scores in areas such as conflict of interest and whistleblower protections. Additionally, the program expense ratio is impressive at 93.33%, signifying that a substantial portion of its funds is directed towards its educational initiatives rather than administrative costs. This strong financial health suggests that the charity effectively utilizes its resources to fulfill its mission.
While the data highlights strong governance and financial practices, potential supporters should consider that the overview does not provide insights into the specific impact of their educational programs or any challenges the organization may face in implementation. Nonetheless, the financial integrity and independence of Renew - Reinventing Education suggest a reliable choice for donors looking to support educational reform efforts.
This AI summary has been generated from information found on Charity Navigator.
Is Renew - Reinventing Education legitimate?
Renew - Reinventing Education is a legitimate nonprofit organization registered as a 501(c)(3) entity. Renew - Reinventing Education 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: $941,436
Professional Fundraising Fees: $0
Other Salaries and Wages: $21,092,568
For more financial information, click here
Official website here: www.renewschools.org
What is the mission statement of Renew - Reinventing Education?
Renew Charter Management Organization strives to transform underperforming schools into academically rigorous institutions, preparing students for their next stages of learning, such as high school, college, and careers. Their mission is to elevate the educational experience, enabling students to reach new heights of achievement. Through a turnaround model for K-8 schools, Renew operates three elementary and middle schools and an early childhood program, leading to significant improvements in student performance, growth, and development.
Official website here: www.renewschools.org
Who is the CEO of Renew - Reinventing Education?
Tanya Bryant is the Board Member of Renew - Reinventing Education. The CEO's salary of Renew - Reinventing Education is $196,103 and their total compensation is $212,578.
Official website here: www.renewschools.org
What is the revenue of Renew - Reinventing Education?
Renew - Reinventing Education's revenue in 2022 was $47,428,297.
Official website here: www.renewschools.org
Who are the executives of Renew - Reinventing Education and what are their salaries?
The average compensation at Renew - Reinventing Education during 2022 was $44,513. There are 495 employees at Renew - Reinventing Education.
Here are 20 key members and their salaries (Renew - Reinventing Education's CEO's salary is $196,103 and their total compensation is $212,578):
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- Compensation: $196,103
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- Other: $16,475
- Compensation: $192,214
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- Other: $12,303
- Compensation: $147,827
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- Other: $14,551
- Compensation: $148,543
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- Other: $14,449
- Compensation: $151,900
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- Other: $18,770
- Compensation: $127,375
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- Compensation: $124,150
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- Other: $10,973
- Compensation: $108,650
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- Other: $9,220
- Compensation: $134,400
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- Other: $11,945
- Compensation: $125,200
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- Other: $17,095
Official website here: www.renewschools.org
Where can I find the form 990 for Renew - Reinventing Education?
Renew - Reinventing Education's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.renewschools.org
Learn more at the official website: www.renewschools.org
Mission Statement of Renew - Reinventing Education
Renew - Reinventing Education, a charter management organization, is dedicated to transforming underperforming schools into academically rigorous institutions that prepare students for the next stage of their education, be it high school, college, or career. By infusing underperforming K-8 schools in New Orleans with new energy and rigor, Renew aims to help students achieve significant gains in performance, growth, and development. Currently, Renew manages three K-8 schools and an early childhood program within its turnaround model. The organization's impact on student learning has been substantial, with Renew-operated schools experiencing marked improvements in academic achievement.
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Impact
October, 2024
Renew - Reinventing Education has significantly transformed underperforming K-8 schools in New Orleans, focusing on rigorous academic standards and holistic development. By operating a turnaround model, Renew has revitalized three K-8 schools and an early childhood program, enhancing overall student performance and growth.
The impact of Renew is evident in the substantial gains students have made in their academic journey, preparing them effectively for higher levels of education and future career paths. Through targeted interventions and dedicated support, students are not only improving academically but also developing the skills necessary to thrive in high school, college, and beyond. This initiative addresses educational disparities, ensuring that all students have the opportunity to achieve their full potential in a supportive and challenging environment.
This information is meant to be a general summary of Renew - Reinventing Education. 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: $16,084
- Program Service Revenue: $1,152,649
- Gross Receipts: $47,428,297
Assets and Liabilities:
- Total Assets: $19,943,382
- Total Liabilities: $2,980,642
- Net Assets: $16,962,740
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEDICAID REIMBURSEMENT
Revenue
$1,152,649
Organization Details
Founding Year
2009
Phone
(504) 487-0737Principal Officer
Tanya Bryant
Main Address
1607 SOUTH CARROLLTON AVE 710, NEW ORLEANS, LA, 70118
Website
www.renewschools.orgNTEE Category
Code: B29 - Education
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