NonprofitsFriends Of Excel Academy Inc

Education

Friends Of Excel Academy Inc

EAST BOSTON, MA

Total revenue

$8.1M

Total expenses

$8.1M

Net assets

$21.2M

Grants received

$15.1M

66 grants

EIN

300211613

Tax year

2023

Mission

To raise funds and support the functions of and carry out the purposes of excel academy charter school and excel academy rhode island; to engage in activities and perform functions that the schools would otherwise have to perform; to own, lease and maintain the sites at which the schools are located and to otherwise benefit the schools through provision of financial support and services.

Financials

FY 2023

Revenue

Contributions & grants$932K
Program service revenue$6.5M
Investment income$666K
Other revenue$6K
Total revenue$8.1M

Expenses

Grants paid$1.6M
Salaries & benefits$3.7M
Fundraising$183K
Other expenses$2.9M
Total expenses$8.1M
Total assets$48.9M
Net assets$21.2M

People

15 listed

NameRoleCompensation

OWEN STEARNS

CHIEF EXECUTIVE OFFICER

Board

$263K

40 hrs/wk

NINA KEOUGH

CHIEF SCHOOL OFFICER

Board

$221K

40 hrs/wk

ANDREW SOLOMON

CHIEF FINANCIAL OFFICER

Board

$201K

40 hrs/wk

TIMONTHY WELLER

MEMBER

Board

0.8 hrs/wk

CHRISTOPHER SATTI

MEMBER

Board

0.8 hrs/wk

SHIRLEY VERONICA CARDONA

MEMBER

Board

0.8 hrs/wk

DONALD CASS

CLERK

Board

0.8 hrs/wk

MEGAN PREINER

TREASURER

Board

0.8 hrs/wk

SETH REYNOLDS

PRESIDENT

Board

0.8 hrs/wk

STEPHANIE PATTON

DEPUTY CHIEF SCHOOLS OFFICER

Staff

$176K

40 hrs/wk

SARAH B KANTROWITZ

MANAGING DIRECTOR: STUDENT SUPPORT

Staff

$155K

40 hrs/wk

STEVIE ROBERTS

MANAGING DIRECTOR: OPERATIONS

Staff

$140K

40 hrs/wk

AARON STELSON

SENIOR DIRECTOR: FINANCE

Staff

$132K

40 hrs/wk

TSVETELINA TSANKOVA

DIRECTOR OF ACCOUNTING

Staff

$121K

40 hrs/wk

KATHRYN MEGRIAN

MANAGING DIRECTOR OF ACADEMICS

Staff

$103K

40 hrs/wk

Independent contractors

ARROWSTREET INC

ARCHITECTURE SERVICES

$178K

CASE CONSTRUCTION COMPANY

CONSTRUCTION SERVICES

$138K

AAFCPAS INC

ACCOUNTING SERVICES

$136K

KAYNOR CONSULTING LLC

CONSULTING SERVICES

$104K

Grants received

Showing 66 of 66

FromAmountPurposeYear
$213K
IMPACT AND INNOVATION
2024
$350K
NEW CONSTRUCTION
2023
$152K
FOR RECIPIENT'S EXEMPT PURPOSE
2023
$51K
Operating Support/Annual Fund
2023
$50K
EDUCATION
2023
$34K
For grant recipient's exempt purposes
2023
$400K
NEW CONSTRUCTION
2022
$100K
EDUCATION
2022
$60K
IMPACT AND INNOVATION
2022
$56K
Operating Support/Annual Fund
2022
$48K
For grant recipient's exempt purposes
2022
$9K
GENERAL SUPPORT
2022
$5K
EXEMPT PURPOSE
2022
$2.4M
OPERATING SUPPORT
2021
$115K
For grant recipient's exempt purposes
2021
$115K
For grant recipient's exempt purposes
2021
$104K
For recipient's exempt purpose
2021
$89K
Operating Support/Annual Fund
2021
$35K
Education
2021
$5K
General Support
2021
$515K
OPERATING SUPPORT
2020
$250K
DISASTER RELIEF
2020
$95K
For grant recipient's exempt purposes
2020
$90K
Operating Support/Annual Fund
2020
$52K
FOR RECIPIENT'S EXEMPT PURPOSE
2020
$30K
Education
2020
$25K
EDUCATION
2020
$5K
Family Support
2020
$1K
Operations budget assistance
2020
$275K
For grant recipient's exempt purposes
2019
$85K
Operating Support/Annual Fund
2019
$65K
Education
2019
$11K
Emergency Support
2019
$627K
For grant recipient's exempt purposes
2018
$266K
FOR GRANT RECIPIENT'S EXEMPT PURPOSES
2017
$100K
Capital Campaign
2017
$65K
Operating Support
2017

Funded by

$15.1M from 20 funders · 66 grants · 2017–2024

National Philanthropic Trust

$6M · 1 grant · 2022

City Fund

$2.9M · 2 grants · 2020–2021

Fidelity Investments Charitable Gift Fund

$1.6M · 8 grants · 2017–2023

Fidelity Foundation

$750K · 2 grants · 2022–2023

Boston Foundation Inc

$682K · 12 grants · 2017–2023

Vanguard Charitable Endowment Program

$308K · 3 grants · 2020–2023

Charter Fund Inc

$273K · 2 grants · 2022–2024

Details

EIN300211613
NTEE codeB90
Subsection03
Ruling date2004-08
Formed2004
Employees32
Volunteers6
FRIENDS OF EXCEL ACADEMY INC — Mission, Financials & Grants Received | Grantivo