Overview
What is Excellence Academies Foundation Inc?
Excellence Academies Foundation Inc, established in November 2008, is a nonprofit organization situated in New York City, specifically at 55 Broad Street 3rd Floor, New York, NY 10004. Their primary objective is to support Uncommon Schools Inc, a tax-exempt organization under Internal Revenue Code Section 501(c)(3), in promoting innovative schools, particularly charter public schools. The foundation plays a crucial role in facilitating the successful start-up, program development, and implementation of Excellence Boy's Charter School of Bedford Stuyvesant. Additionally, it supports the acquisition and development of property for use by this charter school, which opened in the Bedford Stuyvesant neighborhood of Brooklyn, New York, in August 2004. The foundation's mission is to contribute to the charitable purpose of Uncommon Schools Inc by engaging in activities aimed at improving education and school facilities.
Official website here: www.uncommonschools.org
Is Excellence Academies Foundation Inc legitimate?
Excellence Academies Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Excellence Academies Foundation Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.uncommonschools.org
What is the mission statement of Excellence Academies Foundation Inc?
The Excellence Academies Foundation Inc was established with the purpose of supporting Uncommon Schools Inc, a tax-exempt organization, by promoting the development of innovative schools, particularly charter public schools. One of its primary focuses is on assisting in the start-up, program development, and implementation of the Excellence Boy's Charter School of Bedford Stuyvesant. Additionally, the foundation plays a role in the acquisition and development of property for use by this charter school, which opened in the Bedford Stuyvesant neighborhood of Brooklyn, New York in August 2004. The foundation's activities aim to enhance educational opportunities and contribute to the growth of innovative educational institutions.
Official website here: www.uncommonschools.org
Who is the CEO of Excellence Academies Foundation Inc?
Brett Peiser is the CEO of Excellence Academies Foundation Inc The CEO's salary of Excellence Academies Foundation Inc is $0 and their total compensation is $542,362.
Official website here: www.uncommonschools.org
What is the revenue of Excellence Academies Foundation Inc?
Excellence Academies Foundation Inc's revenue in 2023 was $170,893.
Official website here: www.uncommonschools.org
Who are the executives of Excellence Academies Foundation Inc and what are their salaries?
There 2 volunteers at Excellence Academies Foundation Inc.
Here are 3 key members and their salaries (Excellence Academies Foundation Inc's CEO's salary is $0 and their total compensation is $542,362):
- Compensation: $0
- Related: $497,653
- Other: $44,709
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.uncommonschools.org
Where can I find the form 990 for Excellence Academies Foundation Inc?
Excellence Academies Foundation Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.uncommonschools.org
Learn more at the official website: www.uncommonschools.org
Mission Statement of Excellence Academies Foundation Inc
The Excellence Academies Foundation Inc was established in 2008 with a primary objective to support Excellence Charter School of Bedford Stuyvesant, both operationally and in connection with the acquisition and development of a school facility for the charter school's use. The foundation's mission is to align with the charitable purpose of Uncommon Schools Inc, a tax-exempt organization under Section 501(c)(3) of the Internal Revenue Code. The Excellence Academies Foundation Inc engages in activities aimed at fostering the development of innovative schools, particularly charter public schools. It specifically supports the start-up, program development, and implementation of Excellence Boy's Charter School of Bedford Stuyvesant, a charter public school that opened in the Bedford Stuyvesant neighborhood of Brooklyn, New York in August 2004. The foundation also aids in the acquisition and development of property for use by Excellence Boy's Charter School of Bedford Stuyvesant. In doing so, the Excellence Academies Foundation Inc contributes to the growth and success of innovative educational institutions, providing opportunities for students in the charter school system.
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Impact
October, 2024
Excellence Academies Foundation Inc has made a substantial impact on educational opportunities in the Bedford-Stuyvesant neighborhood of Brooklyn, New York. Established in 2008, the foundation provides essential support to Excellence Charter School, enhancing both its operational capabilities and its physical infrastructure. Through its initiatives, the foundation focuses on the start-up, program development, and implementation of educational programs tailored for the needs of its community.
By facilitating the acquisition and development of facilities for Excellence Charter School, the foundation plays a pivotal role in creating a conducive learning environment. Its efforts are aimed at fostering innovative educational practices within charter public schools, ultimately contributing to the academic success and growth of students in the area.
The foundation’s commitment to supporting innovative schooling approaches directly impacts student achievement, empowering young learners with the resources they need to thrive. By prioritizing quality education, Excellence Academies Foundation Inc not only enriches the lives of students but also strengthens the community as a whole, promoting a brighter future for families in Bedford-Stuyvesant.
This information is meant to be a general summary of Excellence Academies Foundation Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Program Service Revenue: $170,893
- Gross Receipts: $170,893
Assets and Liabilities:
- Total Assets: $39,002,035
- Total Liabilities: $16,468,419
- Net Assets: $22,533,616
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MANAGEMENT FEES
Revenue
$158,772
RENTAL INCOME
Revenue
$12,121
Organization Details
Founding Year
2003
Principal Officer
Brett Peiser
Website
www.uncommonschools.orgNTEE Category
Code: B192 - Education
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