Renaissance Charter School Inc
84% goes to programs $0 to raise $100 Thin reserves Growing revenue
Renaissance Charter School Inc is a 501(c)(3) organization based in Ft Lauderdale, Florida, registered in 2003, with $508,850,377 in FY2023 revenue. CharityIndex grades it C+, and it directs about 84% of spending to programs.
800 Corporate Dr Ste 124, Ft Lauderdale, FL, 33334 EIN 65-0864257 Since 2003
Revenue (FY2023)
$508.9M
▲ 30.6% vs prior year
Education median: $200K
Expenses (FY2023)
$448.2M
Net assets
$17.5M
Employees
4,996
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C+
C+Program efficiency40% of the rating84% to programs · $0 to raise $100
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Renaissance Charter School Inc: 84% to programs · $0 to raise $100 earns a C+ on this criterion. See the exact thresholds →
CFinancial health25% of the rating0 mo reserves · +12% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Renaissance Charter School Inc: 0 mo reserves · +12% margin earns a C on this criterion. See the exact thresholds →
BGovernance25% of the rating4 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Renaissance Charter School Inc: 4 of 6 checks met earns a B on this criterion. See the exact thresholds →
A+Transparency10% of the rating5 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Renaissance Charter School Inc: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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Mission
The organization operates thirty-nine charter schools that serve students from kindergarten through the twelfth grade in the state of florida and operate in broward, collier, duval, escambia, leon, miami-dade, orange, osceola, palm beach, and st. lucie counties. the schools provide students with the necessary tools and skills needed to develop superior levels of achievement. they strive for academic, social and physical excellence by providing a high quality, challenging curriculum. they promote positive moral and social values, foster an atmosphere of self-discipline in a safe learning environment and maximize individual productivity to meet the needs of a changing global society.
What they do
Operating under the 2020 a & b bond program, six schools, keys gate charter high school, renaissance charter school at coral springs, duval charter school and charter high school at baymeadows, hollywood academy of arts and science and hollywood academy of arts and science middle school, provide education services to kindergarten through twelfth grade in broward, duval, and miami-dade counties, florida.
Operating under the 2021 bond program, five schools, renaissance charter school at tradition, renaissance charter school at summit, renaissance charter school at hunter's creek, duval charter school at westside, and tradition preparatory academy, provide education services to kindergarten through twelfth grade in orange, palm beach, st. lucie, and duval counties, florida.
Operating under the 2020 c & d bond program, five schools, renaissance elementary charter school, renaissance charter school at st. lucie, duval charter scholars academy, north broward academy of excellence and north broward academy of excellence middle school , provide education services to kindergarten through twelfth grade in broward, miami-dade, st. lucie, and duval counties, florida.
Contact & location
- Address
- 800 Corporate Dr Ste 124, Ft Lauderdale, FL, 33334
- City
- Ft Lauderdale
- State
- Florida
- Category
- Education
- Subcategory
- Alliances, Advocacy & Professional Societies
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $152.6M (FY2013) to $508.9M (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $704.3MNet assets $17.5M
Operating margin
11.9%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$721.8M
Total liabilities
$704.3M
Net assets
$17.5M
Salaries & benefits
$213.0M
48% of expenses
Board members
7
7 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $508,850,377▲30.6% | $448,184,385▲15.5% | $17,475,955▲140% | $721,789,412▲8.0% | 990 |
| 2022 | $389,670,084▲11.4% | $388,099,926▲5.1% | -$43,190,037▲3.5% | $668,407,329▼1.7% | 990 |
| 2021 | $349,845,705▲8.4% | $369,377,270▲17.3% | -$44,769,904▼90.4% | $680,018,201▲25.2% | 990 |
| 2020 | $322,771,755▲5.7% | $314,921,324▼0.6% | -$23,508,669▲24.7% | $543,300,790▲2.0% | 990 |
| 2019 | $305,393,557▲1.1% | $316,714,453▲5.0% | -$31,204,155▼57.0% | $532,417,190▼1.1% | 990 |
| 2018 | $301,936,150▲9.4% | $301,569,913▲4.6% | -$19,875,789▲3.5% | $538,429,489▲12.9% | 990 |
| 2017 | $276,073,750▲6.4% | $288,265,719▲9.4% | -$20,587,851▼139% | $477,105,933▲6.8% | 990 |
| 2016 | $259,584,375▲6.8% | $263,426,507▲9.8% | -$8,621,335▼103% | $446,816,361▼0.8% | 990 |
| 2015 | $243,094,474▲21.3% | $240,019,660▲18.7% | -$4,248,126▲41.9% | $450,221,948▲24.6% | 990 |
| 2014 | $200,382,269▲31.3% | $202,284,371▲30.2% | -$7,315,041▼38.8% | $361,294,637▲21.1% | 990 |
| 2013 | $152,617,749 | $155,380,558▲52.0% | -$5,271,033▼121% | $298,340,676▲36.0% | 990 |
| 2012 | — | $102,250,475▲63.4% | -$2,380,894▼76.4% | $219,353,821▲35.0% | 990 |
| 2011 | — | $62,588,948▲69.9% | -$1,349,516▼134% | $162,511,003▼1.0% | 990 |
| 2010 | — | $36,837,084 | $3,942,837 | $164,186,098 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2023)
Highest-paid: Mark Hage — $161,477 (0.04% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Mark Hage | Fellow Principal | 40 | $161,477 |
| Michael Lupton | Fellow Principal | 40 | $150,290 |
| Patrick Galatowitsch | Fellow Principal | 40 | $143,460 |
| Patrice Knowles | Principal | 40 | $143,298 |
| Daniel Verdier | Scholar Principal | 40 | $141,936 |
| Billie Miller | Director | 1 | — |
| Dennis P Clark | Vice-chair/secretary | 1 | — |
| John O'brien | Director | 1 | — |
| Kenneth Haiko | Chairman | 2 | — |
| Pat Smith | Director | 1 | — |
| Paul Sallarulo | Director | 1 | — |
| Thomas P Wheeler | Treasurer | 1 | — |
Top vendors & contractors (FY2023)
| Contractor | Services | Paid |
|---|---|---|
| 10jin LLC | Tech Support | $6,294,679 |
| Progressus Therapy LLC | Student Therapy | $6,049,455 |
Grants received · $95K total
7 grants to Renaissance Charter School Inc totaling $95K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Project Lead the Way Inc | Program implementation | 2024 | $20,000 |
| Global Impact | Donor advised funds | 2019 | $13,255 |
| Oneblood Inc | Scholarship | 2019 | $5,660 |
| Global Impact | Donor advised fund | 2018 | $18,624 |
| Oneblood Inc | Scholarship | 2018 | $5,260 |
| Global Impact | Donor advised fund | 2017 | $25,373 |
| Pga Tour Inc | General support | 2014 | $6,800 |
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Compare Renaissance Charter School Inc
Frequently asked questions
- Is Renaissance Charter School Inc a legitimate nonprofit?
- Yes. Renaissance Charter School Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 65-0864257, based in Ft Lauderdale, Florida. Donations are tax-deductible.
- What is Renaissance Charter School Inc's EIN?
- Renaissance Charter School Inc's Employer Identification Number (EIN) is 65-0864257.
- How much revenue does Renaissance Charter School Inc report?
- Renaissance Charter School Inc reported $508,850,377 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of Renaissance Charter School Inc's spending goes to programs?
- Renaissance Charter School Inc spends about 84% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Renaissance Charter School Inc have?
- CharityIndex grades Renaissance Charter School Inc C+, based on program efficiency and fundraising cost.
- How much does Renaissance Charter School Inc's highest-paid employee make?
- The highest reported compensation on Renaissance Charter School Inc's latest Form 990 is $161,477, paid to Mark Hage (Fellow Principal).
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Data for Renaissance Charter School Inc (EIN 65-0864257) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.