Overview
What is Renaissance Charter School 2?
Renaissance Charter School 2 is a nonprofit institution, established in the spirit of its predecessor located in Jackson Heights, Queens, New York. The school's mission is to cultivate well-informed, responsible, and compassionate young leaders who will inspire positive change within their communities and beyond. With a comprehensive educational program encompassing Kindergarten to 12th grade, the school aims to equip its students with the necessary skills and values to make a significant impact in New York and beyond. The school, with a workforce of 41, is situated in Maspeth, New York (11378), and is dedicated to fostering global citizens with a strong commitment to peace, human rights, environmental preservation, and sustainable development.
Official website here: www.rencharters.org/trcs-masbeth
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Star Rating)
Renaissance Charter School 2 has achieved a score of 81%, which reflects its commitment to accountability and finance. The rating is based solely on a single beacon score, specifically focusing on its financial practices. Notably, the organization boasts a fully independent board, a strong program expense ratio of 85.45%, and a range of policies in place to ensure transparency and ethical governance.
The nonprofit excels in various aspects of financial accountability, having no material diversion of assets and maintaining clear documentation of board meeting minutes. The presence of an audit and oversight committee further strengthens its financial integrity. However, a significant concern is raised by its liabilities-to-assets ratio, which stands at an alarming 101.72%, indicating financial risk that could affect its operations moving forward.
While Renaissance Charter School 2 has demonstrated robust governance practices, the high salaries of key personnel in relation to its financial health may raise questions among stakeholders about compensation equity within the organization. Overall, the nonprofit showcases strengths in accountability but faces challenges that warrant attention to ensure sustainability and trust from the community it serves.
This AI summary has been generated from information found on Charity Navigator.
Is Renaissance Charter School 2 legitimate?
Renaissance Charter School 2 is a legitimate nonprofit organization registered as a 501(c)(3) entity. Renaissance Charter School 2 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: $279,756
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,031,168
For more financial information, click here
Official website here: www.rencharters.org/trcs-masbeth
What is the mission statement of Renaissance Charter School 2?
The mission of Renaissance Charter School 2 is centered around nurturing well-rounded, responsible, and compassionate leaders. Modeled after its predecessor, the school aims to inspire change on a personal level, which in turn can bring about broader transformations in society. The school's vision extends beyond its own students, envisioning them as global citizens with a strong sense of peace, human rights, environmental awareness, and a commitment to sustainable development. The mission of Renaissance Charter School 2 is to educate its students, empowering them to contribute positively to their communities and ultimately, humanity as a whole.
Official website here: www.rencharters.org/trcs-masbeth
Who is the CEO of Renaissance Charter School 2?
Everett Boyd is the Principal of Renaissance Charter School 2.
Official website here: www.rencharters.org/trcs-masbeth
What is the revenue of Renaissance Charter School 2?
Renaissance Charter School 2's revenue in 2022 was $6,061,868.
Official website here: www.rencharters.org/trcs-masbeth
Who are the executives of Renaissance Charter School 2 and what are their salaries?
The average compensation at Renaissance Charter School 2 during 2022 was $56,364. There are 41 employees and 7 volunteers at Renaissance Charter School 2.
Here are 11 key members and their salaries:
- Compensation: $138,111
- Related: $0
- Other: $13
- Compensation: $121,014
- Related: $0
- Other: $7,543
- Compensation: $0
- Related: $77,000
- Other: $0
- Compensation: $0
- Related: $38,500
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- 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.rencharters.org/trcs-masbeth
Where can I find the form 990 for Renaissance Charter School 2?
Renaissance Charter School 2's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.rencharters.org/trcs-masbeth
Learn more at the official website: www.rencharters.org/trcs-masbeth
Mission Statement of Renaissance Charter School 2
Renaissance Charter School 2 is committed to nurturing well-rounded, responsible, and compassionate leaders who have the potential to bring about positive change in their communities and beyond. Established on the principles of its predecessor school in Jackson Heights, Queens, New York, the school was founded by educators, parents, and community leaders with a shared concern for the future of New York City. The mission of Renaissance Charter School 2 is to educate students from Kindergarten to 12th grade, fostering individuals who will contribute to a renaissance in New York through their personal growth. The school's philosophy is rooted in the belief that one individual's transformation can spark a ripple effect, impacting their community, nation, and ultimately humanity at large. The graduates of Renaissance Charter School 2 will emerge as global citizens, cultivating a deep respect for peace, human rights, the environment, and sustainable development.
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Impact
July, 2024
Renaissance Charter School 2's impact can be seen in its commitment to fostering educated, responsible, and humanistic young leaders who have the potential to spark a renaissance in New York City. The school is modeled after The Renaissance Charter School and operates with the mission of instilling in its students the values of personal growth, leadership, and community engagement. By emphasizing the development of global citizens with values such as peace, human rights, environmental stewardship, and sustainable development, Renaissance Charter School 2 is contributing to the cultivation of socially conscious and empowered individuals who have the potential to make a positive impact on their communities and beyond.
This information is meant to be a general summary of Renaissance Charter School 2. 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.
- Program Service Revenue: $44,221
- Gross Receipts: $6,061,868
Assets and Liabilities:
- Total Assets: $2,223,869
- Total Liabilities: $538,481
- Net Assets: $1,685,388
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
After- School program
Revenue
$44,221
Organization Details
Founding Year
2017
Phone
(917) 242-3505Principal Officer
Everett Boyd
Main Address
60-02 Maspeth Avenue, Maspeth, NY, 11378
NTEE Category
Code: B29 - Education
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