Renaissance Charter School 2
Nonprofit profile at a glance
- EIN
- 824420335
- IRS 990 coverage
- 2019–2024
- Forms available
- Form 990 2024, Form 990-EZ 2018
- Location
- Queens, NY, USA
- Phone
- 9172423505
- Rating
- 83
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Charter Schools
Reported finances
- Revenue
- $23,423,864
- Expenses
- $22,322,123
- Assets
- $147,312,575
- Liabilities
- $150,481,468
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
13 people listed
Executive titles in this filing
- STACEY GAUTHIER (EXECUTIVE DIRECTOR)
Highest reported compensation
- STACEY GAUTHIER (EXECUTIVE DIRECTOR): $412,412 total reported compensation
- EVERETT BOYD (PRINCIPAL): $210,845 total reported compensation
- VICTOR MOTTA (VICE CHAIR): $198,809 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The renaissance charter school 2 is modeled after our founding school, a public charter school located in jackson heights, queens, New York. Educators, parents and community leaders founded our school over 20 years ago, concerned about the future of New York city.renaissance is based on the conviction that a change in the destiny of a single individual can lead to a change in the destiny of a community, nation, and ultimately humankind.our mission as a planned kindergarten to 12th grade school is to foster educated, responsible, humanistic young leaders who will through their own personal growth spark a renaissance in New York. Its graduates will be global citizens with an abiding respect for peace, human rights, the environment, and sustainable development
What it reported doing in 2024
The school is modeled after the renaissance charter school ("trcs"), a public charter school located in jackson heights, queens, New York. The school's mission as a planned kindergarten to 12th grade school is to foster educated, responsible, humanistic young leaders who will through their own personal growth spark a renaissance in New York.
Operating model
- Revenue model
- Grant-funded. 99% of the money available for current operations came from government grants.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and liabilities are high compared with assets.
Rating breakdown
- Financial Efficiency: 87
- Transparency & Controls: 74
- Accountability: 90
- Sustainability: 58
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 84.5%; rating input score 84
- Program expense ratio: 88.7%; rating input score 89
- Fundraising efficiency: $587.96 raised per $1 spent on fundraising; rating input score 95; 95th percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
- Pay-setting controls: 2 of 6 controls in place; rating input score 33
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Pass
- Compensation survey or study: Missing
- Board or committee approval: Pass
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 83.3%; rating input score 83; 17th percentile among comparable filings
- Governance controls: 9 of 9 controls in place; rating input score 100
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Pass
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 4.7%; rating input score 53; 53rd percentile among comparable filings
- Total-asset coverage ratio: 6.6; rating input score 88; 88th percentile among comparable filings
- Liabilities to assets ratio: 1.02; rating input score 5; 5th percentile among comparable filings
- Officer compensation ratio: 4.8%; rating input score 53; 53rd percentile among comparable filings
Growth
- Program expense growth: 45.1% per year; rating input score 100; 98th percentile among comparable filings
- Revenue growth: 44.5% per year; rating input score 100; 98th percentile among comparable filings
- Asset growth: 49.5% per year; rating input score 100; 99th percentile among comparable filings
Details
- Where the money goes: 84.5% of revenue deployed · 88.7% of spending went to programs
- Governance: 5 of 6 board members independent · 9 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $19.8M in reported program spending
- Leadership: top reported pay $412K · 13 people listed · 2 of 6 pay-setting controls reported
- Highest-paid contractors: 2 contractors listed · $376K reported
- Consistency: 32 of 32 current checks pass
- Schedules: 8 filed schedules · includes major donors and executive pay
- Filing history: 6 filing years from 2019 to 2024
- Contacts: How to reach this organization
- Money network: 6 filed money-flow records
- Related organizations: 1 filed related-organization link
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Review — Sustainability: Operating margin scored 53/100.
- High — Sustainability: Liabilities to assets ratio scored 5/100.
- Review — Sustainability: Officer compensation ratio scored 53/100.