Renaissance Academy Charter School is located in Phoenixville, PA. The organization was established in 2000. According to its NTEE Classification (B29) the organization is classified as: Charter Schools, under the broad grouping of Education and related organizations. As of 06/2023, Renaissance Academy Charter School employed 169 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Renaissance Academy Charter School 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 06/2023, Renaissance Academy Charter School generated $22.4m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 3.9% each year. All expenses for the organization totaled $23.1m during the year ending 06/2023. While expenses have increased by 5.4% per year over the past 8 years. They've been increasing with an increasing level of total revenue. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
EDUCATION FOR CHILDREN KINDERGARTEN THROUGH GRADE 12
Describe the Organization's Program Activity:
Part 3 - Line 4a
OPERATION OF CHARTER SCHOOL
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Gina Guarino Buli Chief Execut | 40 | $170,000 | |
Carol Ann Schaeffer Business Mgr | 40 | $119,409 | |
Tracey Behrens O'brien College Coun | 40 | $106,549 | |
Harold Smith Dean Of Stud | 40 | $105,385 | |
William Stubanas Facilities M | 40 | $103,652 | |
Seyi Akinfenwa Board Member | Trustee | 1 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Whitsons Culinary Group Food | 6/29/23 | $512,265 |
On Time Transport Co Transportation | 6/29/23 | $376,730 |
Gamut Special Ed Svcs | 6/29/23 | $248,063 |
Pediatric Therapeutic Services Therapy Svcs. | 6/29/23 | $234,931 |
Sawas Learning Company Llc Curriculum | 6/29/23 | $172,738 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $1,598,792 |
All other contributions, gifts, grants, and similar amounts not included above | $89,104 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $1,687,896 |
Total Program Service Revenue | $20,726,841 |
Investment income | $21,602 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $22,436,339 |
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. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $9,098,524 |
Pension plan accruals and contributions | $1,637,436 |
Other employee benefits | $3,627,417 |
Payroll taxes | $733,575 |
Fees for services: Management | $139,392 |
Fees for services: Legal | $140,667 |
Fees for services: Accounting | $45,953 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $1,990,731 |
Advertising and promotion | $21,770 |
Office expenses | $95,184 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $126,972 |
Travel | $494,970 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $1,065,368 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $1,429,047 |
Insurance | $84,294 |
All other expenses | $841,440 |
Total functional expenses | $23,138,124 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $9,401,847 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $2,886,514 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $286,645 |
Net Land, buildings, and equipment | $31,010,858 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $453,967 |
Other assets | $304,940 |
Total assets | $44,344,771 |
Accounts payable and accrued expenses | $1,570,937 |
Grants payable | $0 |
Deferred revenue | $90,096 |
Tax-exempt bond liabilities | $22,189,111 |
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 | $0 |
Other liabilities | $304,940 |
Total liabilities | $24,155,084 |
Net assets without donor restrictions | $0 |
Net assets with donor restrictions | $0 |
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 | $20,189,687 |
Total liabilities and net assets/fund balances | $44,344,771 |