Renaissance Village Academy Inc

Nonprofit profile at a glance

EIN
270862103
IRS 990-EZ coverage
2013–2023
Forms available
Form 990 2019, Form 990-EZ 2023
Location
Burlington, VT, USA
Phone
8585649622
Rating confidence
Limited
Sector
Elementary, Secondary Education, K - 12

Reported finances

Revenue
$0
Expenses
$98,305
Assets
$4,505
Liabilities
$1,324,204

Source: IRS Form 990-EZ. Selected filing: tax year 2023. Amounts in USD.

Leadership & pay

3 people listed

Executive titles in this filing

  • NANCY RETTER (President & CEO)
  • MARCIA DIJIOSIA (VP & assist CEO)

People named in this filing

  • NANCY RETTER (President & CEO)
  • SAMUEL K SUN (CFO)
  • MARCIA DIJIOSIA (VP & assist CEO)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2023. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The mission of Renaissance Village Academy is to provide gifted, profoundly gifted, and highly motivated students with the experiences and knowledge they will need to be successful navigating the complexities of the world from an international perspective.They will be guided to develop compassion and tolerance through study of other languages and cultures. RVA students will be taught in a way that recognizes their intellectual gifts while acknowledging that they are still maturing. The enthusiasm their teachers have for learning will provide them with role models for becoming life-long learners themselves.

What it reported doing in 2023

Renaissance village academy, inc. Incorporated in 2009. During 2020-2021, we continued to expanded the school's student body and public outreach. We continued increased adverting expenses to try and grow the student body. Additionally, the school expanded the summer program. Lastly we relocated the school to save expense as well due to covid 19.

Operating model

Revenue model
Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
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

- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.

Rating breakdown

  • Financial Efficiency: 38
  • Transparency & Controls: 82
  • Sustainability: 9
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: Limited
  • Program expense ratio: 100%; rating input score 100

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: Limited
  • Total-asset coverage ratio: 0.05; rating input score 8; 8th percentile among comparable filings
  • Liabilities to assets ratio: 293.94; rating input score 0; 0th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: -7.6% per year; rating input score 0; 32nd percentile among comparable filings
  • Revenue growth: -3.8% per year; rating input score 0; 39th percentile among comparable filings
  • Asset growth: -10.1% per year; rating input score 0; 17th percentile among comparable filings

Details

  • Where the money goes: 100% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $98K in reported program spending
  • Leadership: top reported pay $0 · 3 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 10 filing years from 2013 to 2023
  • Contacts: How to reach this organization
  • 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.

  • High — Sustainability: Total-asset coverage ratio scored 8/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Liabilities to assets ratio scored 0/100.
  • High — Growth: Asset growth scored 0/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.