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Nonprofiteer
← RENAISSANCE SCHOLARSHIPS INC

Form 990 for tax year 2025

Filed by RENAISSANCE SCHOLARSHIPS INC.

Totals

Total revenue
$1,990,507
Total expenses
$1,592,944
Contributions and grants received
$1,884,950
Grants paid
$1,516,796
Program service revenue
$0
Investment income
$105,557
Other revenue
$0
Total assets, end of year
$3,924,499
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$3,924,499
Program services expenses (Part IX)
$1,585,602
Management and general expenses
$7,342
Fundraising expenses
$0
Program service expenses (Part III)
$1,585,602

Program services were 99.5% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1f · All other contributions, gifts and grants

    $1,884,950

  • 3 · Investment income

    total $105,557 · excluded $105,557

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $1,516,796 · program services $1,516,796

  • 11c · Fees: accounting

    total $2,000 · management and general $2,000

  • 11g · Fees: other

    total $68,806 · program services $68,806

  • 13 · Office expenses

    total $3,392 · management and general $3,392

  • 24a · Other expenses: BANK FEE

    total $850 · management and general $850

  • 24b · Other expenses: SUBSCRIPTIONS & DUES

    total $441 · management and general $441

  • 24c · Other expenses: MEALS & ENTERTAINMENT

    total $357 · management and general $357

  • 24d · Other expenses: POSTAGE

    total $277 · management and general $277

  • 24e · All other expenses

    total $25 · management and general $25

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $446,368 · end of year $209,084

  • 2 · Savings and temporary cash investments

    beginning of year $3,080,568 · end of year $3,715,415

  • 29 · Capital stock, trust principal or current funds

    beginning of year $0 · end of year $0

  • 30 · Paid-in or capital surplus, or land, building or equipment fund

    beginning of year $0 · end of year $0

  • 31 · Retained earnings, endowment or other funds

    beginning of year $3,526,936 · end of year $3,924,499

Mission and programs · 2025

Mission

AT RSI, OUR MISSION IS TO PROVIDE HIGH QUALITY EDUCATION OPPORTUNITIES TO LOW INCOME STUDENTS BY PARTNERING WITH THE MOST ACADEMICALLY RIGOROUS, PRIVATE K5-12 SCHOOLS IN THE STATE OF ALABAMA THROUGH A SCHOLARSHIP GRANTING PROGRAM.

  • PROVIDES HIGH QUALITY EDUCATION OPPORTUNITIES TO LOW INCOME STUDENTS BY PARTNERING WITH THE MOST ACADEMICALLY RIGOROUS, PRIVATE K5-12 SCHOOLS IN THE STATE OF ALABAMA THROUGH A SCHOLARSHIP GRANTING PROGRAM.

    Expenses $1,585,602 · Grants $1,516,796 · Revenue $1,884,950

As filed on the 2025 return.

Listed in Part VII

  • Joe McCarty

    PRESIDENT

    Total calculated
    $0
    Hours/week
    1

  • T Michael Goodrich

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Gray Plosser

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Donald Hess

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Rodney Gibson

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Kathryn Miree

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Cathy Mozingo

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Dana Town

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

The 10 largest by cash amount. The API serves every itemized grant.

Provenance

Return type
form_990
Tax year
2025
Filed
3 March 2026
IRS schema version
2025v4.0
Source object
202630649349300728

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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