Friends Of Excell Academy

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 113822685 ✦ Brooklyn park, MN ✦ Designated as a 501(c)(3)

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Overview

What is Friends Of Excell Academy?

Friends of Excell Academy is a nonprofit organization with a mission to procure, own, and construct a public schoolhouse, which can then be leased to a school. Their primary objective is to contribute to the education sector, providing a suitable learning environment for students. Though the information provided is limited, it suggests that this organization aims to play a role in the development of public education facilities.

Is Friends Of Excell Academy legitimate?

Friends Of Excell Academy is a legitimate nonprofit organization registered as a 501(c)(3) entity. Friends Of Excell Academy 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

What is the mission statement of Friends Of Excell Academy?

The mission of Friends Of Excell Academy is centered around procurement, ownership, and construction of a public schoolhouse. This entity aims to lease this facility to a school, contributing to the provision of educational infrastructure. This mission aligns with the goal of providing a conducive learning environment for students, ultimately contributing to their overall development. Although the focus is primarily on the acquisition and management of the schoolhouse, the ultimate aim is to support educational institutions and the learning process.

Who is the CEO of Friends Of Excell Academy?

Karen Stovall is the Chair of Friends Of Excell Academy.

What is the revenue of Friends Of Excell Academy?

Friends Of Excell Academy's revenue in 2022 was $763,332.

Who are the executives of Friends Of Excell Academy and what are their salaries?

There 2 volunteers at Friends Of Excell Academy.


Here are 2 key members and their salaries:


Karen Stovall (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Candace Dunbar (Secretary)
  • Compensation: $0
  • Related: $56,979
  • Other: $12,372
Where can I find the form 990 for Friends Of Excell Academy?

Friends Of Excell Academy's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Friends Of Excell Academy

Friends of Excell Academy is committed to procuring, owning, and constructing a public schoolhouse, with the intention of leasing it to a school. This mission signifies the organization's dedication to providing educational facilities for the community. By purchasing, owning, and constructing a schoolhouse, Friends of Excell Academy aims to contribute to the availability of quality educational resources. This commitment to providing a public schoolhouse is a testament to the organization's investment in the future of education and the community it serves.

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Impact




October, 2024

Friends Of Excell Academy plays a crucial role in enhancing educational opportunities by focusing on the acquisition and development of physical spaces for learning. By purchasing, owning, and constructing school facilities, they provide essential infrastructure that supports the academic environment at Excell Academy. This commitment ensures that students have access to quality educational resources in a conducive setting.

The impact on the community is significant, as it fosters a dedicated space for learning that meets the growing needs of the student population. Furthermore, by leasing these schoolhouses back to the academy, Friends Of Excell Academy ensures that Excell Academy can focus its resources on delivering effective educational programs, thereby enhancing student outcomes and overall community engagement in Brooklyn Park, MN.




This information is meant to be a general summary of Friends Of Excell Academy. 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.

Revenue
$763,332 (2022)
Expenses
$847,809 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $257
  • Program Service Revenue: $763,075
  • Gross Receipts: $763,332

Assets and Liabilities:

  • Total Assets: $12,993,050
  • Total Liabilities: $13,833,537
  • Net Assets: -$840,487

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

SCHOOL BUILDING RENTAL

Revenue

$763,075

Organization Details

Founding Year

2007

Principal Officer

Karen Stovall

Main Address

6510 ZANE AVENUE NORTH 107, BROOKLYN PARK, MN, 55429

NTEE Category

Code: B90 - Education

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