Civic Intelligence

The Renaissance Education Group Inc

990 • Fiscal year 2014 • EIN 20-4278267

Jan 01, 2014 to Dec 31, 2014 • Filed on Nov 16, 2015

1058 West Club Blvd No 6-661Durham, NC 27701

(919) 416-1736

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

84th percentile

0.60x

Higher debt load relative to assets than 84% of similar nonprofits.

2014 filings • NTEE P • $500k-$1M nonprofits • Source year 2014

Liabilities / Revenue

65th percentile

0.12x

Higher debt load relative to revenue than 65% of similar nonprofits.

2014 filings • NTEE P • $500k-$1M nonprofits • Source year 2014

Net Margin

38th percentile

-0.6%

Higher net margin than 38% of similar nonprofits.

2014 filings • NTEE P • $500k-$1M nonprofits • Source year 2014

Top Officer Pay

93rd percentile

$135,893

Higher top officer pay than 93% of similar nonprofits.

Top officer pay equals 17.5% of source-year revenue.

2014 filings • NTEE P • $500k-$1M nonprofits • Source year 2014

Asset Growth

50th percentile

1.2%

Faster asset growth than 50% of similar nonprofits.

2014 filings • NTEE P • $500k-$1M nonprofits • Annualized from 2013 to 2014

Revenue Growth

76th percentile

16%

Faster revenue growth than 76% of similar nonprofits.

2014 filings • NTEE P • $500k-$1M nonprofits • Annualized from 2013 to 2014

Assets

Up

$161,706

Up $1,934 (+1.2%) from 2013

Net Assets

Down

$65,169

Down $4,594 (-6.6%) from 2013

Liabilities

Up

$96,537

Up $6,528 (+7.3%) from 2013

Revenue

Up

$777,833

Up $108,010 (+16%) from 2013

Expenses

Up

$782,427

Up $120,377 (+18%) from 2013

Net Income

Down

-$4,594

Down $12,367 (-159%) from 2013

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$800K$600K$400K$200K$0-$200KAssets 2010: $163,341Liabilities 2010: $14,761Net Assets 2010: $148,5802010Assets 2011: $78,147Liabilities 2011: $73,468Net Assets 2011: $4,6792011Assets 2012: $131,332Liabilities 2012: $69,342Net Assets 2012: $61,9902012Assets 2013: $159,772Liabilities 2013: $90,009Net Assets 2013: $69,7632013Assets 2014: $161,706Liabilities 2014: $96,537Net Assets 2014: $65,1692014Assets 2015: $153,921Liabilities 2015: $119,884Net Assets 2015: $34,0372015Assets 2016: $167,142Liabilities 2016: $153,882Net Assets 2016: $13,2602016Assets 2017: $332,849Liabilities 2017: $308,262Net Assets 2017: $24,5872017Assets 2018: $307,330Liabilities 2018: $287,617Net Assets 2018: $19,7132018Assets 2019: $357,367Liabilities 2019: $344,017Net Assets 2019: $13,3502019Assets 2020: $395,826Liabilities 2020: $382,018Net Assets 2020: $13,8082020Assets 2021: $453,745Liabilities 2021: $452,810Net Assets 2021: $9352021Assets 2022: $556,555Liabilities 2022: $620,697Net Assets 2022: -$64,1422022

Highlighted filing

2014

Assets$161,706
Liabilities$96,537
Net Assets$65,169

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$1.5M$1.0M$500K$0-$500KExpenses 2010: $1,262,9812010Expenses 2011: $1,419,1322011Expenses 2012: $1,146,1892012Revenue 2013: $669,823Expenses 2013: $662,050Net Income 2013: $7,7732013Revenue 2014: $777,833Expenses 2014: $782,427Net Income 2014: -$4,5942014Revenue 2015: $1,095,451Expenses 2015: $1,126,583Net Income 2015: -$31,1322015Revenue 2016: $882,143Expenses 2016: $902,920Net Income 2016: -$20,7772016Revenue 2017: $1,227,666Expenses 2017: $1,216,339Net Income 2017: $11,3272017Revenue 2018: $1,171,235Expenses 2018: $1,176,109Net Income 2018: -$4,8742018Revenue 2019: $944,699Expenses 2019: $949,104Net Income 2019: -$4,4052019Revenue 2020: $919,470Expenses 2020: $919,819Net Income 2020: -$3492020Revenue 2021: $1,250,358Expenses 2021: $1,262,779Net Income 2021: -$12,4212021Revenue 2022: $891,066Expenses 2022: $946,121Net Income 2022: -$55,0552022

Highlighted filing

2014

Revenue$777,833
Expenses$782,427
Net Income-$4,594
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Nov 16, 2015
Return Version
2014v5.0
Gross Receipts
$777,833
Mission and Program Overview

Mission

To provide educational programs and services to at-risk, underserved, and disadvantaged youth, their families, and organizations and institutions that work with them.

Balance Sheet Detail
LineBeginningEndChange
Assets
Pledges and Grants Receivable$14,927$101,588▲ $86,661
Cash and Non-Interest-Bearing Accounts$117,783$24,748▼ $93,035
Prepaid Expenses and Deferred Charges$14,680$24,562▲ $9,882
Land, Buildings, and Equipment, Net$8,538$8,538→ $0
Accounts Receivable$3,754$2,180▼ $1,574
Total Assets$159,772$161,706▲ $1,934
Other Assets Total$90$90→ $0
Liabilities
Accounts Payable and Accrued Expenses$90,009$96,537▲ $6,528
Total Liabilities$90,009$96,537▲ $6,528
Net Assets / Fund Balance
Unrestricted Net Assets$69,763$65,169▼ $4,594
Total Net Assets Fund Balance$69,763$65,169▼ $4,594
Total Liabilities and Net Assets / Fund Balance$159,772$161,706▲ $1,934

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$8,538$28,049$36,587
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Dr Kenneth MitchellExecutive DirectorFT$130,202$5,691$135,893

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$775,665
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$2,168
Change in Net Assets
$-4,594
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$391,426
Other Expenses$391,001
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$206,124$6,375-$212,499
Current Officers, Directors, Trustees, and Key Employees$131,816$4,077-$135,893
Other Expenses$104,547--$104,547
Office Expenses$100,578$3,111-$103,689
Travel$55,276$927-$56,203
Occupancy$44,971$1,391-$46,362
Fees for Services Other$28,404$879-$29,283
Other Employee Benefits$23,333$721-$24,054
Payroll Taxes$18,411$569-$18,980
Conferences and Meetings$15,351--$15,351
Information Technology$14,066$435-$14,501
All Other Expenses$12,854$36-$12,890
Fees for Services Accounting$7,930$245-$8,175
Total Functional Expenses$763,661$18,766$0$782,427
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11

The executive director, under advisement of the board chair will review the form 990 prior to filing with the internal revenue service.

Form 990, Part VI, Section B, Line 12C

The conflict of interest policy is reviewed on a regular basis during the annual board of directors meeting. Upon signature, all parties are held accountable for the policy wherein. Self-monitoring and a system of checks and balances is utilized by the agency to circumvent actual or potential conflicts of interest, inclusive of policies articulated in both the employee handbook and fiscal management procedures manual. Enforcement of the policy is inclusive of: a full disclosure (a trustee and the executive director shall make disclosures to the board of directors, employees shall make disclosures to the executive director), board member abstention from discussion and voting, and abstention from decision-making when appropriate.

Form 990, Part VI, Section B, Line 15A

The executive director's compensation is based upon the approved amounts for each of the federal program budgets, subject to adjustment for changes in the scale and scope of work. The executive director's compensation is subject to review by the board at least annually and was last reviewed in august 2015.

Form 990, Part VI, Section C, Line 19

The organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request.

Filing and Contact Details

Filer

Filer Name
The Renaissance Education Group Inc
EIN
20-4278267
Phone
9194161736
Address
1058 WEST CLUB BLVD NO 6-661, DURHAM, NC 27701

Signing Officer

Name
Kenneth Mitchell
Title
Executive Director
Phone
9194161736
Signed
2015-11-16
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Dr Kenneth Mitchell
Formed
2006
Legal Domicile
Nc
Voting Board Members
5
Independent Board Members
5
Employees
20
Volunteers
5

Preparer

Firm
Johnson Lambert Llp
Address
700 SPRING FOREST ROAD STE 115, RALEIGH, NC 27609
Preparer
John Huskins
Phone
9197196400
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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt04723
IRS990ScheduleA/OtherIncome170Grp/TotalAmt07882
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.99850
IRS990ScheduleA/PublicSupportPY170Pct00.99690
IRS990ScheduleA/PublicSupportTotal170Amt05111791
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0775665
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0668832
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt01098109
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt01384869
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt01184316
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt05111791
IRS990ScheduleA/TotalSupportAmt05119674
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/EquipmentGrp/BookValueAmt08538
IRS990ScheduleD/EquipmentGrp/DepreciationAmt028049
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt036587
IRS990ScheduleD/TotalBookValueLandBuildingsAmt08538
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE EXECUTIVE DIRECTOR, UNDER ADVISEMENT OF THE BOARD CHAIR WILL REVIEW THE FORM 990 PRIOR TO FILING WITH THE INTERNAL REVENUE SERVICE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE CONFLICT OF INTEREST POLICY IS REVIEWED ON A REGULAR BASIS DURING THE ANNUAL BOARD OF DIRECTORS MEETING. UPON SIGNATURE, ALL PARTIES ARE HELD ACCOUNTABLE FOR THE POLICY WHEREIN. SELF-MONITORING AND A SYSTEM OF CHECKS AND BALANCES IS UTILIZED BY THE AGENCY TO CIRCUMVENT ACTUAL OR POTENTIAL CONFLICTS OF INTEREST, INCLUSIVE OF POLICIES ARTICULATED IN BOTH THE EMPLOYEE HANDBOOK AND FISCAL MANAGEMENT PROCEDURES MANUAL. ENFORCEMENT OF THE POLICY IS INCLUSIVE OF: A FULL DISCLOSURE (A TRUSTEE AND THE EXECUTIVE DIRECTOR SHALL MAKE DISCLOSURES TO THE BOARD OF DIRECTORS, EMPLOYEES SHALL MAKE DISCLOSURES TO THE EXECUTIVE DIRECTOR), BOARD MEMBER ABSTENTION FROM DISCUSSION AND VOTING, AND ABSTENTION FROM DECISION-MAKING WHEN APPROPRIATE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE EXECUTIVE DIRECTOR'S COMPENSATION IS BASED UPON THE APPROVED AMOUNTS FOR EACH OF THE FEDERAL PROGRAM BUDGETS, SUBJECT TO ADJUSTMENT FOR CHANGES IN THE SCALE AND SCOPE OF WORK. THE EXECUTIVE DIRECTOR'S COMPENSATION IS SUBJECT TO REVIEW BY THE BOARD AT LEAST ANNUALLY AND WAS LAST REVIEWED IN AUGUST 2015.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0159772
IRS990/TotalAssetsEOYAmt0161706
IRS990/TotalAssetsGrp/BOYAmt0159772
IRS990/TotalAssetsGrp/EOYAmt0161706
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0775665
IRS990/TotalEmployeeCnt020
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt018766
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0763661
IRS990/TotalFunctionalExpensesGrp/TotalAmt0782427
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt090009
IRS990/TotalLiabilitiesEOYAmt096537
IRS990/TotalLiabilitiesGrp/BOYAmt090009
IRS990/TotalLiabilitiesGrp/EOYAmt096537
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt069763
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt065169
IRS990/TotalOtherCompensationAmt05691
IRS990/TotalOtherProgSrvcExpenseAmt04583
IRS990/TotalProgramServiceExpensesAmt0763661
IRS990/TotalReportableCompFromOrgAmt0130202
IRS990/TotalRevenueGrp/ExclusionAmt02168
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0777833
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt05
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0159772
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0161706
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ManagementAndGeneralAmt0927
IRS990/TravelGrp/ProgramServicesAmt055276
IRS990/TravelGrp/TotalAmt056203
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt069763
IRS990/UnrestrictedNetAssetsGrp/EOYAmt065169
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt01058 WEST CLUB BLVD NO 6-661
IRS990/USAddress/CityNm0DURHAM
IRS990/USAddress/StateAbbreviationCd0NC
IRS990/USAddress/ZIPCd027701
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0WWW.RENAISSANCE-ED.NET
IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02016-02-25 16:41:14Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0KENNETH MITCHELL
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum09194161736
ReturnHeader/BusinessOfficerGrp/SignatureDt02015-11-16
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0THE RENAISSANCE EDUCATION GROUP INC
ReturnHeader/Filer/BusinessNameControlTxt0RENA
ReturnHeader/Filer/EIN0204278267
ReturnHeader/Filer/PhoneNum09194161736
ReturnHeader/Filer/USAddress/AddressLine1Txt01058 WEST CLUB BLVD NO 6-661
ReturnHeader/Filer/USAddress/CityNm0DURHAM
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NC
ReturnHeader/Filer/USAddress/ZIPCd027701
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0521446779
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0JOHNSON LAMBERT LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0700 SPRING FOREST ROAD STE 115
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0RALEIGH
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd027609
ReturnHeader/PreparerPersonGrp/PhoneNum09197196400
ReturnHeader/PreparerPersonGrp/PreparationDt02015-11-16
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JOHN HUSKINS
ReturnHeader/ReturnTs02015-11-16T12:53:07-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02014-01-01
ReturnHeader/TaxPeriodEndDt02014-12-31
ReturnHeader/TaxYr02014

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.56$0.62$0.06$0.89$0.95$0.06
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.45$0.45$0.00$1.25$1.26$0.01
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.40$0.38$0.01$0.92$0.92$0.00
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.36$0.34$0.01$0.94$0.95$0.00
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.31$0.29$0.02$1.17$1.18$0.00
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.33$0.31$0.02$1.23$1.22$0.01
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.17$0.15$0.01$0.88$0.90$0.02
2015Detailed filing. Detailed filing data is available for this year.$0.15$0.12$0.03$1.10$1.13$0.03
2014Detailed filing. Detailed filing data is available for this year.$0.16$0.10$0.07$0.78$0.78$0.00
2013Detailed filing. Detailed filing data is available for this year.$0.16$0.09$0.07$0.67$0.66$0.01
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.13$0.07$0.06$1.15
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.08$0.07$0.00$1.42
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.16$0.01$0.15$1.26
Peer Organizations

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