RENEW - REINVENTING EDUCATION (EIN 800419622) - Form 990 Financial Analysis & Trantor Score

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Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2009

Legal Domicile

Principal Officer

TANYA BRYANT

Phone

5043673307

Tax Period

2023-07-01 to 2024-06-30

RENEW - REINVENTING EDUCATION is a 501(c)(3) with EIN 800419622, based in NEW ORLEANS, LA. Founded in 2009, the organization files IRS Form 990 and reported its most recent data for fiscal year 2023. In that period, it reported $45,321,675 in total revenue and $46,274,699 in total expenses, with net assets of $13,001,259.

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.

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $44,061,109

Program Service Revenue $1,164,413

Investment Income $96,153

Other Revenue $0

TOTAL REVENUE $45,321,675

Expense Breakdown

Grants Paid $0

Salaries & Benefits $30,704,297

Fundraising Expenses $0

Program Expenses $43,147,839

Other Expenses $15,570,402

TOTAL EXPENSES $46,274,699

Year-over-Year Comparison

	2023	2022	Change
Revenue	$45,321,675	$39,904,769	+0.1%
Expenses	$46,274,699	$42,913,226	+0.1%
Net Income	$-953,024	$-3,008,457	-0.7%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

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

Governance

Voting Members

Independent Members

Employees

655

Volunteers

Governance Policies

✓ Conflict of Interest Policy

✓ Whistleblower Policy

✓ Document Retention Policy

Special Practices & Reported Activities

✓ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$1,022,860

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BRIAN WEIMER	BOARD MEMBER	5.00	Director	$0	$0	$0
CJ EL-DAHR	BOARD TREASURER	5.00	Officer Director	$0	$0	$0
GABRIELLE MISFELDT	BOARD MEMBER	5.00	Director	$0	$0	$0
GRETA BRUSTIE	BOARD MEMBER	5.00	Director	$0	$0	$0
KATHLEEN EDMUNDSON	BOARD MEMBER	5.00	Director	$0	$0	$0
KATHY CONKLIN	BOARD MEMBER	5.00	Director	$0	$0	$0
NOAH HARDIE	BOARD MEMBER	5.00	Director	$0	$0	$0
STEPHEN ROSENTHAL	BOARD CHAIR	10.00	Officer Director	$0	$0	$0
JAMAL BROWN	BOARD MEMBER	5.00	Director	$0	$0	$0
LISA GIARRATANO	CHIEF ACADEMIC OFFICER	50.00	Officer	$162,143	$30,074	$192,217
MICHAEL GALDI	CHIEF TALENT OFFICER	50.00	Officer	$158,651	$22,467	$181,118
SEAN HUDSON	CHIEF OPERATING OFFICER	50.00	Officer	$157,251	$22,351	$179,602
TAMMY ROBICHEAUX	CHIEF OF STAFF	70.00	Officer	$202,552	$20,776	$223,328
TANYA BRYANT	CHIEF EXECUTIVE OFFICER	70.00	Officer	$220,746	$25,849	$246,595
GLENDA POOLE	SCHOOL LEADER	50.00	Highest	$125,750	$10,363	$136,113
JAMES MCCOY	CHIEF OF SCHOOL LEADERSHIP	50.00	Highest	$151,502	$19,394	$170,896
KAEL SALOY	FINANCIAL CONTROLLER	50.00	Highest	$142,200	$22,794	$164,994
MARY COLE-BUSH	CHIEF OF STUDENT SUPPORT S	50.00	Highest	$143,600	$11,275	$154,875
KIMBERLY ANDREWS	SCHOOL LEADER	50.00	Highest	$122,750	$14,007	$136,757

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	$45,321,675	$46,274,699	$15,963,350	$-953,024
2023	$39,904,769	$42,913,226	$15,723,934	$-3,008,457
2022	$47,428,297	$40,405,194	$19,943,382	$7,023,103
2021	$34,978,044	$35,249,065	$11,254,190	$-271,021
2020	$43,309,671	$39,110,571	$12,014,036	$4,199,100
2019	$40,802,866	$40,008,398	$7,174,789	$794,468
2018	$51,803,110	$53,547,313	$7,761,399	$-1,744,203

RENEW - REINVENTING EDUCATION