Rensselaerville Institute
- Assets
- $3.0m
- Revenue
- $1.9m
- Investments
- $0.0
- Employees
- 18
- Location
- Albany, NY
- Founding
- 06/1964
- Data as of
- 12/2021
- EIN
- 14-6027612
Organization Overview
Rensselaerville Institute is located in Albany, NY. The organization was established in 1964. According to its NTEE Classification (P05) the organization is classified as: Research Institutes & Public Policy Analysis, under the broad grouping of Human Services and related organizations. As of 12/2021, Rensselaerville Institute employed 18 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Rensselaerville Institute is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Rensselaerville Institute generated $1.9m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (4.3%) each year. All expenses for the organization totaled $1.8m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (6.2%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
SEE PART III
Describe the Organization's Program Activity:
Part 3 - Line 4a
SCHOOL TURNAROUND - AN INTENSIVE INTERVENTION AND LEADERSHIP DEVELOPMENT INITIATIVE THAT HELPS PRINCIPALS TURN AROUND FAILING OR UNDER PERFORMING SCHOOLS. PROGRAM IS DESIGNED SPECIFICALLY FOR SCHOOLS AND DISTRICTS WHERE SOMEONE IN POWER PERCEIVES A CURRENT FAILURE THAT REQUIRES URGENT INTERVENTION. WHILE MOST EDUCATIONAL INITIATIVES GEARED TOWARD DEMONSTRATING STUDENT ACHIEVEMENT TAKE PLACE OVER A LONG TIME PERIOD, SCHOOL TURNAROUND IS PROVEN TO BRING ABOUT URGENCY AND TIME-COMPRESSED CHANGE IN ONE YEAR.
COMMUNITY SPARKPLUGS - OUR SCHOOL AND COMMUNITY PARTNERSHIPS START WITH THE IDEA THAT CITIZENS IN THE COMMUNITY CAN CREATE AN ENVIRONMENT THAT GIVE CHILDREN THE OPPORTUNITIES THEY DESERVE. THEY END WITH RESULTS LIKE WALKING BRIGADES TO AND FROM SCHOOL, MOBILE FOOD BANKS, AND NEIGHBORHOOD FAMILY BOOK CLUBS.
PARTNERSHIPS - HELPING PHILANTHROPY MOVE FROM FUNDER TO INVESTOR AND NONPROFITS FROM ACTIVITIES TO RESULTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mildred Toliver President | Officer | 40 | $168,048 |
Dr Nicole Johnson Chief Parnership & Opportu | Officer | 40 | $117,249 |
Loretta Blanks Exec Director School Turna | Officer | 40 | $114,227 |
Debon Leon Kingsley Lewis Employee | 40 | $104,600 | |
Tamara Chalvire Director Of Operations | Officer | 40 | $89,370 |
Felicia Pittman Director Of Strategy | Officer | 40 | $87,696 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $1,310,400 |
| All other contributions, gifts, grants, and similar amounts not included above | $326,822 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,637,222 |
| Total Program Service Revenue | $0 |
| Investment income | $146,230 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $105,454 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,905,452 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $692,103 |
| Compensation of current officers, directors, key employees. | $162,091 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $442,492 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $107,984 |
| Payroll taxes | $88,530 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $28,375 |
| Fees for services: Accounting | $134,114 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $12,626 |
| Fees for services: Other | $26,041 |
| Advertising and promotion | $48,532 |
| Office expenses | $0 |
| Information technology | $9,725 |
| Royalties | $0 |
| Occupancy | $1,357 |
| Travel | $162,915 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $6,854 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $5,468 |
| All other expenses | $10,331 |
| Total functional expenses | $1,837,732 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $677,686 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $93,347 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $3,511 |
| Prepaid expenses and deferred charges | $12,468 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $2,199,449 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,986,461 |
| Accounts payable and accrued expenses | $91,623 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $430,716 |
| Other liabilities | $0 |
| Total liabilities | $522,339 |
| Net assets without donor restrictions | $320,956 |
| Net assets with donor restrictions | $2,143,166 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $2,986,461 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Rensselaerville Institute has recieved totaling $310,000.
| Awarding Organization | Amount |
|---|---|
Gladys & Roland Harriman Foundation New York, NY PURPOSE: GENERAL SUPPORT | $200,000 |
Clark Foundation New York, NY PURPOSE: OUTCOMES MANAGEMENT FOR CLARK FOUNDATION GRANTEES | $100,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: EDUCATION | $10,000 |
Endowment Analysis
| Beg. Balance | $1,871,217 |
| Earnings | $229,620 |
| Admin Expense | $12,626 |
| Ending Balance | $2,088,211 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
National Institute For Childrens Health Quality Inc Boston, MA | $3,326,753 | $7,992,976 |
Massachusetts Competitive Partnership Inc Boston, MA | $2,222,557 | $2,166,476 |
Rensselaerville Institute Albany, NY | $2,986,461 | $1,905,452 |
Engine Room Inc New York, NY | $2,787,005 | $1,374,014 |
Connecticut Voices For Children Inc New Haven, CT | $1,494,112 | $1,648,283 |
Rethinkx Inc New York, NY | $1,057,951 | $1,865,240 |
Agma Relief Fund New York, NY | $2,325,318 | $1,042,434 |
Policy Research International Inc Staten Island, NY | $242,786 | $77,500 |
Western Pennsylvania Family Center Pittsburgh, PA | $61,332 | $0 |
Work And Family Researchers Network Inc Ithaca, NY | $246,469 | $43,069 |
National Association Of Commissionsfor Women New York, NY | $100,227 | $0 |
Research Institute For New Americans Inc New York, NY | $10,863 | $0 |