RENAISSANCE CHARTER SCHOOL 2

EIN: 824420335 501(c)(3) Education

QUEENS, NY

Total Revenue
$10,026,995
Total Expenses
$14,231,693
Total Assets
$145,787,235
Net Assets
$-2,519,310
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2017
Legal Domicile
NY
Principal Officer
EVERETT BOYD
Phone
9172423505
Tax Period
2022-07-01 to 2023-06-30

RENAISSANCE CHARTER SCHOOL 2, founded in 2017, is a mid-sized nonprofit in the Education sector that reported $10.0M in total revenue in fiscal year 2022. Revenue surged 65% from the prior year, signaling strong growth momentum. Expenses of $14.2M exceeded revenue, resulting in a 42% operating deficit.

Mission

TO FOSTER EDUCATED, RESPONSIBLE, HUMANISTIC YOUNG LEADERS WHO WILL THROUGH THEIR OWN PERSONAL GROWTH SPARK A RENAISSANCE IN NEW YORK.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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

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Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $10,010,438
Program Service Revenue $0
Investment Income $0
Other Revenue $16,557
TOTAL REVENUE $10,026,995

Expense Breakdown

Grants Paid $0
Salaries & Benefits $4,407,309
Fundraising Expenses $0
Program Expenses $12,047,550
Other Expenses $9,824,384
TOTAL EXPENSES $14,231,693

Year-over-Year Comparison

2022 2021 Change
Revenue $10,026,995 $6,061,868 +0.7%
Expenses $14,231,693 $4,866,985 +1.9%
Net Income $-4,204,698 $1,194,883 -4.5%
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

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Governance

Voting Members
7
Independent Members
7
Employees
61
Volunteers
7

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
5
$746,135
Total Directors
6
$177,715
Key Employees
0
$0
Highest Compensated
2
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MONTE JOFFEE CHAIRPERSON 1.00
Officer Director
$0 $0 $0
LIZ PEREZ SECRETARY 1.00
Officer Director
$0 $0 $0
RACHEL MANDEL TRUSTEE 40.00
Director
$0 $0 $0
LEOPOLDA SILVERA PARENT REP 1.00
Director
$0 $0 $0
CHESTER HICKS TRUSTEE 1.00
Director
$0 $0 $0
VICTOR MOTTA TRUSTEE 1.00
Director
$0 $11,217 $177,715
EVERETT BOYD PRINCIPAL 40.00
Officer
$166,162 $27,000 $193,162
DENISE HUR DIRECTOR OF FINANCE 10.00
Officer
$0 $1,930 $218,865
STACEY GAUTHIER EXECUTIVE DIRECTOR 10.00
Officer
$0 $27,038 $334,108
FLORENCE EVANS ASST. PRINCIPAL 40.00
Highest
$143,744 $27,648 $171,392
JESSICA KIM DIRECTOR OF OPERATIONS 40.00
Highest
$115,038 $13,197 $128,235
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
2025 No data No data No data No data
2024 No data No data No data No data
2023 $10,026,995 $14,231,693 $145,787,235 $-4,204,698
2022 $6,061,868 $4,866,985 $2,223,869 $1,194,883
2021 $3,244,122 $3,287,706 $902,255 $-43,584
2020 $1,020,517 $428,736 $753,821 $591,781
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