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Renaissance Charter School 2

Queens, NY · EIN 82-4420335 · 501(c)(3) · School
Latest filing: Form 990 for the fiscal year ending June 30, 2025 (tax year 2024) · View the filing · Correct or respond

Renaissance Charter School 2 reported $23.4 million in revenue and $22.3 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $88.66 went to program services, $11.16 to management and general costs and $0.18 to fundraising. Its largest source of revenue was contributions and grants: 100.0% of the total. Government grants made up 98.9%. The highest compensation it reported for one person was $412,412 (EXECUTIVE DIRECTOR). 8 people received more than $100,000 in reportable compensation. Revenue rose 2195% between FY2020 and FY2025. Source: Form 990, FY2025.

Where $100 of spending went

The fiscal year ending June 30, 2025 · Form 990, Part IX, line 25 · total expenses $22M

For context, the median across 5,499 covered education charities: $85.56 programs, $13.59 management, $0.85 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

The fiscal year ending June 30, 2025 · Form 990, Part VIII · total revenue $23M

The 990 scorecard · same measures for every charity, no grades

FY2025 filing. Median across 5,499 covered charities in this category, from their latest filings.
MeasureFY2025Median
Program services
Part IX 25(B) ÷ 25(A)
88.7%84.4%
Management & general
Part IX 25(C) ÷ 25(A)
11.2%13.4%
Fundraising
Part IX 25(D) ÷ 25(A)
0.2%0.8%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.00$0.04
Contributions & grants share of revenue
Part VIII 1h ÷ 12
100.0%19.1%
Government grants share of revenue
Part VIII 1e ÷ 12
98.9%1.1%
Program service revenue share
Part VIII 2g ÷ 12
0.0%69.9%
Highest reported compensation
Part VII-A, columns D–F
$412,412$331,578
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
1.85%1.28%
People paid over $100,000
Part VII, line 2
88
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
-1.713.3
Independent voting board members
Part VI 1a–1b
5 of 6100.0%

A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.

What the money paid for, in its own words

FY2025 · Form 990, Part III · the three largest programs by expense
$20M expenses · 100.0% of program spending

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 york

Highest reported compensation

FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
EXECUTIVE DIRECTOR
Officer, 10.00 hrs/week
$0$378,154$34,258$412,412
PRINCIPAL
Officer, 40.00 hrs/week
$203,596$0$7,249$210,845
VICE CHAIR
Director/trustee, officer, 1.00 hrs/week
$0$185,406$13,403$198,809
DIRECTOR OF OPERATIONS
Highest compensated employee, 40.00 hrs/week
$164,753$0$14,835$179,588
DIRECTOR OF SPECIAL POPULATION
Highest compensated employee, 40.00 hrs/week
$160,894$0$8,598$169,492
TEACHER
Highest compensated employee, 40.00 hrs/week
$151,852$0$14,672$166,524
ASST. PRINCIPAL
Highest compensated employee, 40.00 hrs/week
$164,677$0$12$164,689
ASST. PRINCIPAL
Highest compensated employee, 40.00 hrs/week
$114,451$0$9,604$124,055

8 people received more than $100,000 in reportable compensation from Renaissance Charter School 2 (Part VII, line 2). Compensation of current officers, directors and key employees totaled $389K (Part IX, line 5).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$10M$20M$30M$40MFY2020FY2021FY2022FY2023FY2024FY2025$23M$22M
FilingRevenueExpensesProgramsNet assetsTop pay
FY2025 ⓘ$23M$22M88.7%−$3.2M$412,412
FY2024 ⓘ$16M$17M86.4%−$4.0M$371,759
FY2023 ⓘ$10M$14M84.7%−$2.5M$334,108
FY2022 ⓘ$6.1M$4.9M88.2%$1.7M$138,124
FY2021 ⓘ$3.2M$3.3M84.8%$491K$350,168
FY2020 ⓘ$1.0M$429K46.5%$534K$262,723

Governance answers, as filed

FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means
  • Voting board members, and how many are independent Part VI, lines 1a–1b6 · 5 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13Yes
  • Document retention policy Part VI 14Yes
  • Independent process for top executive pay Part VI 15aYes
  • Board given the 990 before filing Part VI 11aYes
  • Family or business ties among insiders Part VI 2No
  • Aware of a significant diversion of assets Part VI 5Yes
  • Excess benefit transaction with an insider Part IV 25aNo
  • Loans to or from insiders outstanding Part IV 26No
  • Lobbying, or a 501(h) election in effect Part IV 4Yes
  • Over $15,000 of professional fundraising services Part IV 18No
  • Over $10,000 of activity outside the U.S. Part IV 14bNo
  • Employees Part I, line 5135
  • Volunteers Part I, line 66

Largest outside contractors

FY2025 · Form 990, Part VII, Section B · businesses only
SUMMIT FACILITY SOLUTIONS
Cleaning services
$189,124
SCHOOL PROFESSIONALS
Staffing servicfes
$186,470

Individuals listed as contractors are left out. 2 contractors were paid more than $100,000 in all.

Correct a figure or respond

Every number above is copied from Renaissance Charter School 2's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Renaissance Charter School 2, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All education charities · Largest charities in New York

Questions people ask

How much of Renaissance Charter School 2's spending goes to programs?

In the fiscal year ending June 30, 2025, Renaissance Charter School 2 reported that 88.7% of its $22.3 million in expenses went to program services, 11.2% to management and general and 0.2% to fundraising (Form 990, Part IX).

How much does Renaissance Charter School 2 pay its top executive?

The largest total compensation Renaissance Charter School 2 reported for one person in the fiscal year ending June 30, 2025 was $412,412, for the role of EXECUTIVE DIRECTOR (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Renaissance Charter School 2 get its money?

Of $23.4 million in revenue in the fiscal year ending June 30, 2025, 100.0% came from contributions and grants (including 98.9% from government grants) and 0.0% from program service revenue (Form 990, Part VIII).

Is Renaissance Charter School 2 a registered charity?

The IRS lists EIN 82-4420335 as a 501(c)(3) organization (school), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • FY2025: Form 990 for the fiscal year ending June 30, 2025, object 202621329349303422 · read the filing
  • FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202531299349301033 · read the filing
  • FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202421349349306127 · read the filing
  • FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202341229349302224 · read the filing
  • FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202201259349301805 · read the filing
  • FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202100749349301635 · read the filing

All filings for EIN 82-4420335: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.