Rochester, NY
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Renaissance Academy Charter School of the Arts, founded in 2014, is a mid-sized nonprofit in the Education sector that reported $10.3M in total revenue in fiscal year 2023. Revenue grew 10% year-over-year, indicating healthy expansion. Expenses of $9.6M left a modest 6% surplus.
Renaissance Academy Charter School of the Arts is committed to improving the quality of education to nurture children in the Rochester area into an enlightened adolescent. (Continued on Schedule O)Renaissance Academy Charter School of the Arts will provide children an enriched and rigorous educational experience through the infusion of the humanities and art rooted in a culture of high academic standards leading to a strong sense of possibility and aspiration.
REGULAR EDUCATION: Our instructional pedagogy is one based on active learning and inquiry based lessons. Engaging students in the "why" of the lessons is as important to our teaching staff as are the...
REGULAR EDUCATION: Our instructional pedagogy is one based on active learning and inquiry based lessons. Engaging students in the "why" of the lessons is as important to our teaching staff as are the final outcomes. Our arts staff works diligently with the academic staff to integrate arts into the curriculum and to integrate academics into the arts, while keeping in alignment with the New York State Learning Standards. The School received $395,851 in Title I, Title II, Title III, and Title IV funding though the NY State Education Department for their regular education program.
SPECIAL EDUCATION: The School is open to all children and does not discriminate on the basis of ethnicity, national origin, gender, disability, or any other grounds that would be unlawful or deny the...
SPECIAL EDUCATION: The School is open to all children and does not discriminate on the basis of ethnicity, national origin, gender, disability, or any other grounds that would be unlawful or deny the civil rights of any individual. In accordance with the Individuals with Disabilities Education Act, the Rehabilitation Act, and Section 504, and the Americans with Disabilities Act, the School provides a free and appropriate education, in the least restrictive environment, to students with disabilities. The primary service delivery for students with special needs is inclusion. For students requiring supplemental services, the School contracts with local individuals or agencies to provide the required services outlined in the student's Individual Education Plan or 504 Plan.
FOOD SERVICES: The School believes that healthy meals are an important part of a child's day. Breakfast and lunch are served every day. All meals are intended to meet the required New York State...
FOOD SERVICES: The School believes that healthy meals are an important part of a child's day. Breakfast and lunch are served every day. All meals are intended to meet the required New York State Child Nutrition Standards, and the School subscribes to the New York State free and reduced priced meal program.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $10,265,964 | $9,358,315 | +0.1% |
| Expenses | $9,598,714 | $8,615,306 | +0.1% |
| Net Income | $667,250 | $743,009 | -0.1% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Thomas Merkel | Treasurer | 1.30 |
Officer
Director
|
$0 | $0 | $0 |
| Steve Morse | Member at Large | 1.30 |
Director
|
$0 | $0 | $0 |
| Mike Osborn | Member at Large | 1.30 |
Director
|
$0 | $0 | $0 |
| Cheryl Hayward Ended 22624 | Vice Chair | 1.30 |
Officer
Director
|
$0 | $0 | $0 |
| Kristian Walker Ended 121623 | Secretary | 1.30 |
Officer
Director
|
$0 | $0 | $0 |
| Ann Seigler | Chair | 1.30 |
Officer
Director
|
$0 | $0 | $0 |
| Mark McDermott | Member at Large | 1.30 |
Director
|
$0 | $0 | $0 |
| Charlton Harley | Member at Large (starting 09/2023) | 1.30 |
Director
|
$0 | $0 | $0 |
| Kristen Rogers | Member at Large (starting 10/2023) | 1.30 |
Director
|
$0 | $0 | $0 |
| William Blackmon | Member at Large (starting 10/2023) | 1.30 |
Director
|
$0 | $0 | $0 |
| Caitlin E Loury | Head of Academics | 40.00 |
Officer
|
$145,512 | $18,978 | $164,490 |
| Craig Eichmann | Chief Operating Officer | 40.00 |
Officer
|
$110,912 | $11,745 | $122,657 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | No data | No data | No data | No data |
| 2024 | $10,265,964 | $9,598,714 | $10,660,122 | $667,250 |
| 2023 | $9,358,315 | $8,615,306 | $10,028,091 | $743,009 |
| 2022 | $9,341,684 | $8,643,843 | $9,477,742 | $697,841 |
| 2021 | $8,851,590 | $7,115,991 | $8,468,648 | $1,735,599 |
| 2020 | $7,915,611 | $7,052,684 | $7,712,191 | $862,927 |
| 2019 | $6,974,233 | $6,186,299 | $7,230,188 | $787,934 |
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