Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Feb 2019.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Where the money goes
89 cents of each dollar spent went to programs.
Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.
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Who runs it and what they're paid
13 people listed on the 990; $960K paid to officers and key staff.
Everett Boyd’s $204K as Principal is at the 38th percentile of top reported officer pay among 3683 $10–100M education nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.
Compensation history total reportable pay by year · 8 named individuals · Part VII
| Name | FY2024 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|
| Everett Boyd | $203,596 | $190,333 | $166,162 | — | — | — |
| Florence Evans | $114,451 | $171,866 | $143,744 | — | — | — |
| Jessica Kim | $164,753 | $162,872 | $115,038 | — | — | — |
| Zhen Gao | $164,677 | $132,370 | — | — | — | — |
| Shannon Wallace | $160,894 | $122,893 | — | — | — | — |
| Sien Li | $151,852 | — | — | — | — | — |
| Everett Boyd | — | — | — | $138,111 | $134,731 | — |
| Florence Evans | — | — | — | $121,014 | — | — |
Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.
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Questions the 990 asks
The form asks each of these directly. These are the filed answers.
- Family or business ties among officersPt VI · Ln 2No
- Top official's pay set by an independent reviewPt VI · Ln 15aYes
Programs and updates
Develops young leaders through personal growth to inspire a renaissance in New York.
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The school is modeled after the renaissance charter school ("TRCS"), a public charter school located in jackson heights, queens, new york. The school's mission as a planned kindergarten to 12TH grade school is to foster educated, responsible, humanistic young leaders who will through their own personal growth spark a renaissance in new…
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Funders
Who pays for it.
From grant filings on record. Receipts are incomplete: individual donors are never listed.
Grants
By the numbers
The FY2024 990, line by line.
Download 990
| Line | Start FY24 | End FY24 |
|---|---|---|
| Cash and savingsLn 1–2 | $4.7M | $8.7M |
| Land, buildings, equipmentLn 10c | $1.2M | $1.3M |
| Total assetsLn 16 | $146.2M | $147.3M |
| LiabilitiesLn 26 | $150.1M | $150.5M |
| Net assetsLn 32 | −$4.0M | −$3.2M |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Pay of current officers, directors and key staffLn 5 | $389K | $235K | $154K | |
| Other salaries and wagesLn 7 | $8.4M | $7.7M | $657K | |
| Pension plan contributionsLn 8 | $150K | $136K | $14K | |
| Other employee benefitsLn 9 | $1.1M | $759K | $328K | |
| Payroll taxesLn 10 | $669K | $607K | $62K | |
| Management feesLn 11a | $463K | $262K | $161K | $40K |
| Legal feesLn 11b | $78K | $78K | ||
| Accounting feesLn 11c | $45K | $45K | ||
| Lobbying feesLn 11d | $18K | $18K | ||
| Other fees for servicesLn 11g | $451K | $390K | $61K | |
| Advertising and promotionLn 12 | $88K | $88K | ||
| Office expensesLn 13 | $27K | $25K | $3K | |
| Information technologyLn 14 | $152K | $138K | $14K | |
| OccupancyLn 16 | $8.0M | $7.2M | $737K | |
| Depreciation, depletion and amortizationLn 22 | $365K | $331K | $34K | |
| InsuranceLn 23 | $99K | $90K | $9K | |
| Other expenses (24a–d)Ln 24 | $1.9M | $1.8M | $24K | |
| All other expensesLn 24e | $62K | $57K | $6K | |
| Total functional expensesLn 25 | $22.3M | $19.8M | $2.5M | $40K |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2024 | $16.1M | $17.5M | −$1.4M | −$4.0M | 990 PDF |
| FY2023 | $10.0M | $14.2M | −$4.2M | −$2.5M | 990 PDF |
| FY2022 | $6.1M | $4.9M | $1.2M | $1.7M | 990 PDF |
| FY2021 | $3.2M | $3.3M | −$44K | $491K | 990 PDF |
| FY2020 | $1.0M | $429K | $592K | $534K | 990 PDF |
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Schedules filed Part IV
See the full FY2024 990 (4 parts)
Part VIII · Statement of revenue $23,423,864 across 6 lines filed
Part IX · Statement of functional expenses $22,322,123 across 18 lines filed
Part X · Balance sheet $147,312,575 assets, 14 lines filed
Part XI · Reconciliation of net assets −$3,168,893 net assets at year end
Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File
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