RENEW-REINVENTING EDUCATION

NEW ORLEANS, LA, 70127-6200 (504) 487-0737 Est. 2009 EIN 80-0419622

B29— Education Form 990 501(c)(3)

WWW.RENEWSCHOOLS.ORG

Mission

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.

Financials

Total Revenue

$45,321,675

Total Expenses

$46,274,699

Net Assets

$13,001,259

655 employees 20 volunteers

From latest filing (tax period ending 2024-06-30)

Financial Health

Operating Reserve

3.4 months Adequate

Net assets / monthly expenses

Year-over-Year Change

Revenue ↑ 13.6%

Expenses ↑ 7.8%

Revenue Sources

Contributions 97.2% Earned revenue 2.6% Investment 0.2%

Expense Breakdown

Program 93.2% Management 6.8%

Officers & Key Employees (19)

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Grants Received (204)

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Filing History (6 filings)

Year	Revenue	Expenses	Net Assets
2023 Form 990	$45,321,675 ↑	$46,274,699	$13,001,259
2022 Form 990	$39,904,769 ↓	$42,913,226	$13,954,283
2021 Form 990	$47,428,297 ↑	$40,405,194	$16,962,740
2020 Form 990	$34,978,044 ↓	$35,249,065	$9,939,637
2019 Form 990	$43,309,671 ↓	$39,110,571	$10,210,658
2017 Form 990	$51,803,110	$53,547,313	$5,217,090