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Excelsior Charter Of Broward Inc

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

EIN: 203521211 ✦ Fort lauderdale, FL ✦ Designated as a 501(c)(3)

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Overview

What is Excelsior Charter Of Broward Inc?

Excelsior Charter Of Broward Inc is a nonprofit organization based in Fort Lauderdale, Florida. With a mission to provide quality education, the organization operates a charter school, catering to students from kindergarten through fifth grade. Situated at 2099 WPROSPECT ROAD, this charter school aims to provide a nurturing and stimulating learning environment for its students. The organization employs a team of 10 individuals, dedicated to ensuring the success of the school and its students.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 85% (Three-Star out of Four Stars)

Excelsior Charter Of Broward Inc has received an 85% rating from Charity Navigator, indicating a solid performance in accountability and finance. The overall score reflects a focus on strong governance and adherence to financial best practices. Notably, the organization boasts an entirely independent board and has comprehensive policies in place for conflict of interest, whistleblower protection, and document retention, which contribute to its strong accountability score.

The financial health of Excelsior Charter is also commendable, with a program expense ratio of 85.68%, highlighting its commitment to utilizing donations effectively for its programs. Additionally, the organization has demonstrated no material diversion of assets, which adds to its credibility and trustworthiness in managing resources.

However, the organization faces some challenges, as indicated by a liabilities-to-assets ratio of 61.82%, suggesting a need for careful management of its financial obligations. While its overall financial practices are robust, there may be concerns regarding long-term sustainability if liabilities are not adequately addressed.


This AI summary has been generated from information found on Charity Navigator.

Is Excelsior Charter Of Broward Inc legitimate?

Excelsior Charter Of Broward Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Excelsior Charter Of Broward 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: $674,465

For more financial information, click here

What is the mission statement of Excelsior Charter Of Broward Inc?

Excelsior Charter of Broward Inc is dedicated to operating a charter school, catering to students from kindergarten through fifth grade. Their mission, in essence, revolves around providing educational services within this age range. However, additional information suggests that the entity also intends to expand its operations to operate charter schools up to the 12th grade, indicating a broader commitment to education.

Who is the CEO of Excelsior Charter Of Broward Inc?

Raul Baez is the Chairman of Excelsior Charter Of Broward Inc.

What is the revenue of Excelsior Charter Of Broward Inc?

Excelsior Charter Of Broward Inc's revenue in 2022 was $1,345,284.

Who are the executives of Excelsior Charter Of Broward Inc and what are their salaries?

The average compensation at Excelsior Charter Of Broward Inc during 2022 was $67,446. There are 10 employees and 25 volunteers at Excelsior Charter Of Broward Inc.


Here are 4 key members and their salaries:


Jaime Minor (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Yhanquel Acosta (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Wanda Vizcarrondo (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Raul Baez (Executive Director)
  • Compensation: $68,500
  • Related: $0
  • Other: $0
Where can I find the form 990 for Excelsior Charter Of Broward Inc?

Excelsior Charter Of Broward Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Excelsior Charter Of Broward Inc

Excelsior Charter Of Broward Inc is dedicated to operating a charter school, catering to students from kindergarten through fifth grade. This nonprofit organization's mission is centered around providing quality education within this age range. By operating a charter school, Excelsior Charter Of Broward Inc aims to contribute positively to the educational landscape, offering a learning environment that is both engaging and nurturing for its young students. The entity's commitment to education extends beyond just the primary school level, as it also strives to expand its operations to include students up to 12th grade, further demonstrating its commitment to providing comprehensive education.

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Impact




October, 2024

Excelsior Charter of Broward Inc significantly impacts the Fort Lauderdale community by providing a quality education to students from kindergarten through 5th grade. The operation of charter schools from K through 12th grade enables a continuity of learning, helping to prepare students for future academic challenges.

The school's mission focuses on fostering an engaging and supportive learning environment that prioritizes student development and achievement. By offering a diverse curriculum tailored to various learning styles, Excelsior Charter promotes educational equity and access, ensuring that all students have the opportunity to thrive.

Furthermore, this institution plays a crucial role in the local community by contributing to the educational landscape, attracting families seeking quality schooling options. The presence of Excelsior Charter not only enhances the educational opportunities available to students but also supports community growth and development, ultimately leading to a more educated and skilled workforce in the area.




This information is meant to be a general summary of Excelsior Charter Of Broward 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.

Revenue
$1,345,284 (2022)
Expenses
$1,287,956 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $1,345,284

Assets and Liabilities:

  • Total Assets: $143,814
  • Total Liabilities: $33,375
  • Net Assets: $110,439

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Organization Details

Founding Year

2005

Principal Officer

Raul Baez

Main Address

2099 WPROSPECT ROAD, FORT LAUDERDALE, FL, 33309

NTEE Category

Code: B29 - Education

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