Rennie Center For Education Research & Policy Inc
- Assets
- $3.2m
- Revenue
- $3.0m
- Investments
- $0.0
- Employees
- 20
- Location
- Boston, MA
- Founding
- 11/2005
- Data as of
- 06/2023
- EIN
- 51-0548106
Organization Overview
Rennie Center For Education Research & Policy Inc is located in Boston, MA. The organization was established in 2005. According to its NTEE Classification (B05) the organization is classified as: Research Institutes & Public Policy Analysis, under the broad grouping of Education and related organizations. As of 06/2023, Rennie Center For Education Research & Policy Inc employed 20 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Rennie Center For Education Research & Policy Inc 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, Rennie Center For Education Research & Policy Inc generated $3.0m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 12.4% each year . All expenses for the organization totaled $3.2m during the year ending 06/2023. While expenses have increased by 10.5% 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
TO DEVELOP A PUBLIC AGENDA THAT PROMOTES SIGNIFICANT IMPROVEMENT OF PUBLIC EDUCATION
Describe the Organization's Program Activity:
Part 3 - Line 4a
PRACTICE: WITH A MISSION TO IMPROVE EDUCATION FOR ALL STUDENTS, THE RENNIE CENTER'S WORK DOES NOT END WITH RESEARCH. WE PUT WHAT WE LEARN INTO ACTION BY TEAMING UP WITH SCHOOLS AND DISTRICTS TO SUPPORT INNOVATIVE REFORMS. THROUGH A SERIES OF PROJECTS, WE ARE HELPING DISTRICTS BUILD THEIR CAPACITY TO DESIGN, IMPLEMENT, AND EVALUATE THE USE OF EVIDENCE-BASED REFORMS.
RESEARCH: THE RENNIE CENTER PRODUCES ORIGINAL RESEARCH TO PROMOTE PUBLIC DISCOURSE ON EDUCATIONAL IMPROVEMENT AND TO INFORM POLICY DISCUSSIONS OF KEY DECISION MAKERS AND OPINION LEADERS. OUR RESEARCH REPORTS AND POLICY BRIEFS FOCUS ON ISSUES OF CRITICAL IMPORTANCE TO THE IMPROVEMENT OF PUBLIC EDUCATION.
DISCOURSE: THE RENNIE CENTER IS COMMITTED TO ENGAGING DIVERSE PERSPECTIVES AND VOICES IN A CONSTRUCTIVE POLICY DISCUSSION. BY CONVENING CONFERENCES, FORUMS, MEETINGS, POLICY BRIEFINGS, PANEL DISCUSSIONS, TOWN MEETINGS AND OTHER EVENTS, THE RENNIE CENTER PROMOTES CONSTRUCTIVE DIALOGUE ON SCHOOL IMPROVEMENT AND STUDENT ACHIEVEMENT AND SEEKS TO MINIMIZE POLARIZED, PARTISAN COMMUNICATION AND TO PROMOTE AN INVIGORATED, INCLUSIVE POLICY DEBATE WITH DIVERSE STAKEHOLDER PARTICIPATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Chad D'entremont Executive Director | OfficerTrustee | 37.5 | $203,037 |
Pam Eddinger Chair | OfficerTrustee | 1 | $0 |
Laurie Brennan Treasurer | OfficerTrustee | 1 | $0 |
Paul Reville Director | Trustee | 1 | $0 |
Roger Krakoff Director | Trustee | 1 | $0 |
Jessica Boston Davis Director | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Build Program Consultant | 6/29/23 | $730,000 |
Boston College Program Consultant | 6/29/23 | $167,250 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $1,325,345 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,122,379 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,447,724 |
| Total Program Service Revenue | $551,028 |
| Investment income | $24,511 |
| 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 | $3,024,905 |
| 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. | $242,401 |
| Compensation of current officers, directors, key employees. | $37,814 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,065,984 |
| Pension plan accruals and contributions | $28,996 |
| Other employee benefits | $36,988 |
| Payroll taxes | $91,119 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $22,972 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,440,261 |
| Advertising and promotion | $0 |
| Office expenses | $13,703 |
| Information technology | $9,531 |
| Royalties | $0 |
| Occupancy | $67,095 |
| Travel | $16,510 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $3,749 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,933 |
| Insurance | $5,052 |
| All other expenses | $0 |
| Total functional expenses | $3,168,456 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $327,545 |
| Savings and temporary cash investments | $477,254 |
| Pledges and grants receivable | $1,459,810 |
| Accounts receivable, net | $213,464 |
| 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 | $6,167 |
| Net Land, buildings, and equipment | $2,000 |
| Investments—publicly traded securities | $665,461 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $56,936 |
| Total assets | $3,208,637 |
| Accounts payable and accrued expenses | $174,606 |
| 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 | $0 |
| Other liabilities | $56,936 |
| Total liabilities | $231,542 |
| Net assets without donor restrictions | $1,889,201 |
| Net assets with donor restrictions | $1,087,894 |
| 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 | $3,208,637 |