Renew-Reinventing Education

Organization Overview

Renew-Reinventing Education is located in New Orleans, LA. The organization was established in 2010. According to its NTEE Classification (B29) the organization is classified as: Charter Schools, under the broad grouping of Education and related organizations. As of 06/2021, Renew-Reinventing Education employed 511 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Renew-Reinventing Education 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 06/2021, Renew-Reinventing Education generated $35.0m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (6.5%) each year. All expenses for the organization totaled $35.2m during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (5.7%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

THE RENEW CHARTER MANAGEMENT ORGANIZATION WILL TRANSFORM UNDERPERFORMING SCHOOLS INTO ACADEMICALLY RIGOROUS SCHOOLS THAT PREPARE STUDENTS FOR THE NEXT LEVEL OF ACHIEVEMENT, INCLUDING HIGH SCHOOL, COLLEGE, AND CAREER.

Describe the Organization's Program Activity:

Part 3 - Line 4a

PREKINDERGARTEN THROUGH GRADE 8 SCHOOL OPERATIONS: IN THE FIRST YEARS OF OPERATIONS, RENEW TOOK OVER THE TWO LOWEST PERFORMING K-8 SCHOOLS IN THE CITY OF NEW ORLEANS AND RAISED THE TWO SCHOOLS' PERFORMANCE AND OPERATIONS. CURRENTLY, RENEW OPERATES THREE K-8 SCHOOLS AND AN EARLY CHILDHOOD CENTER PROVIDING SPECIALIZED SERVICES. THE SCHOOLS HAVE EXPERIENCED SIGNIFICANT GAINS DURING RENEW'S MANAGEMENT.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Procare Therapy Inc
Special Education Services
$725,055
Goodwill Industries
Custodial Services
$462,219
Millennium Cleaning Service Llc
Custodial Services
$604,000
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $33,497,468
All other contributions, gifts, grants, and similar amounts not included above$195,907
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$33,693,375
Total Program Service Revenue$1,248,541
Investment income $36,128
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 $34,978,044

Grants Recieved

Over the last fiscal year, we have identified 2 grants that Renew-Reinventing Education has recieved totaling $39,356.

Awarding OrganizationAmount
Pro Bono Publico Foundation

New Orleans, LA

PURPOSE: GENERAL OPERATING SUPPORT

$20,000
The Center For Learner Equity Inc

New York, NY

PURPOSE: DEEPEN QUALITY OF EDUCATIONAL SERVICES AND INCREASE THE CAPACITY OF SPECIALIZED PROGRAMS TO SERVE STUDENTS WITH SIGNIFICANT DISABILITIES.

$19,356
View Grant Recipient Profile

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