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Excellence Community Schools Inc

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

EIN: 450522191 ✦ Bronx, NY ✦ Designated as a 501(c)(3)

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Overview

What is Excellence Community Schools Inc?

Excellence Community Schools Inc, based in the Bronx, New York, is a nonprofit organization with a mission to support the operations of two charter schools: the Bronx Charter School for Excellence and the Stamford Charter School for Excellence. Their primary goal is to prepare students for admission to and success in top public, private, and parochial schools by fostering intellectual, artistic, social, emotional, and ethical development. They achieve this through a challenging and rigorous academic curriculum that emphasizes college preparation, while maintaining a supportive and high-expectation environment. The organization raises funds to support these schools' operations. With a team of 50 dedicated individuals, Excellence Community Schools Inc plays a significant role in shaping the educational journey of its students.


Official website here: www.excellencecommunityschools.org

What are the reviews and ratings of this charity?

Charity Navigator rates Excellence Community Schools Inc with a score of 76%, granting it a Three-Star out of Four Star rating. This score reflects strong accountability and financial management, largely characterized by the presence of a fully independent board and comprehensive policies for oversight. However, the charity faces challenges in its program expenses ratio, with only 56.32% of expenditures allocated toward programs.

The organization has demonstrated commendable transparency, with all required financial documents properly listed and a strong conflict of interest policy in place. Its fundraising efficiency is high, indicating effective use of donations, while a healthy working capital ratio suggests financial stability. Nonetheless, the low score in the liabilities to assets ratio may warrant closer scrutiny, as it could suggest potential concerns regarding fiscal health.

Feedback from GreatNonprofits is not available for this organization, limiting insights from individual user experiences. Overall, while Excellence Community Schools Inc showcases solid financial governance, stakeholders may wish to monitor its program expense allocations and financial ratios moving forward.


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

Is Excellence Community Schools Inc legitimate?

Excellence Community Schools Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Excellence Community Schools 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: $2,609,501
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,934,373

For more financial information, click here


Official website here: www.excellencecommunityschools.org

What is the mission statement of Excellence Community Schools Inc?

Excellence Community Schools Inc's mission is centered around supporting two charter schools, one in the Bronx and another in Stamford. The organization's primary goal is to aid these schools in preparing their students for admission into and success in top public, private, and parochial schools. This is achieved by fostering the intellectual, artistic, social, emotional, and ethical development of the students. The schools accomplish this by providing a challenging and rigorous academic curriculum, with a focus on college preparation, even at the early grades. They also establish a supportive and caring environment that maintains high expectations for all students.


Official website here: www.excellencecommunityschools.org

Who is the CEO of Excellence Community Schools Inc?

Joyce Frost is the Chairperson of Excellence Community Schools Inc. The CEO's salary of Excellence Community Schools Inc is $123,515 and their total compensation is $140,892.


Official website here: www.excellencecommunityschools.org

What is the revenue of Excellence Community Schools Inc?

Excellence Community Schools Inc's revenue in 2022 was $10,443,782.


Official website here: www.excellencecommunityschools.org

Who are the executives of Excellence Community Schools Inc and what are their salaries?

The average compensation at Excellence Community Schools Inc during 2022 was $90,877. There are 50 employees and 9 volunteers at Excellence Community Schools Inc.


Here are 19 key members and their salaries (Excellence Community Schools Inc's CEO's salary is $123,515 and their total compensation is $140,892):


Joyce Frost (Chairperson)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kory Apton (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rishi Renjen (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kimberly Hartman (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andra Ehrenkranz (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
William Geist (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anthony Vernace (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Charlene Reid (Ceo)
  • Compensation: $718,730
  • Related: $0
  • Other: $31,370
Vikas Kaushal (Chief Financial Officer)
  • Compensation: $263,891
  • Related: $0
  • Other: $10,838
Denniston Reid Jr (Chief Of Strat. & Leadersh)
  • Compensation: $509,510
  • Related: $0
  • Other: $11,242
Jacques Michel (Chief Real Estate Officer)
  • Compensation: $266,324
  • Related: $0
  • Other: $10,991
Marquitta Speller (Chief Academic Officer)
  • Compensation: $150,652
  • Related: $0
  • Other: $0
Aya Wakamatsu (Chief Operating Officer)
  • Compensation: $196,881
  • Related: $0
  • Other: $0
Aleisha Rodriguez (Dir. Of Student Services)
  • Compensation: $106,774
  • Related: $0
  • Other: $22,190
Tisha Markette (Chief Academic Officer)
  • Compensation: $122,584
  • Related: $0
  • Other: $0
Patrick Krause (Controller)
  • Compensation: $128,436
  • Related: $0
  • Other: $12,317
Ayisha Garraway (Senior Human Resources Manager)
  • Compensation: $110,996
  • Related: $0
  • Other: $14,031
Shawn Saroop (Senior Director Informational Technology)
  • Compensation: $156,209
  • Related: $0
  • Other: $15,801
Latoya Laury (Executive Assistant To Ceo)
  • Compensation: $123,515
  • Related: $0
  • Other: $17,377


Official website here: www.excellencecommunityschools.org

Where can I find the form 990 for Excellence Community Schools Inc?

Excellence Community Schools Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.excellencecommunityschools.org

Learn more at the official website: www.excellencecommunityschools.org

Mission Statement of Excellence Community Schools Inc

Excellence Community Schools, Inc., strives to aid the operations of the Bronx Charter School for Excellence and Stamford Charter School for Excellence. The primary mission of this nonprofit organization is to assist these schools in achieving their objective of preparing young individuals to compete for admission to, and succeed in, top public, private, and parochial schools. This is accomplished by fostering the intellectual, artistic, social, emotional, and ethical development of students. The schools accomplish this goal by providing a challenging and rigorous academic curriculum, which from an early age has a focus on college preparation. To achieve this, the schools create a supportive and caring environment that consistently holds high expectations for all students. Excellence Community Schools, Inc. plays a crucial role in shaping the future of these students, contributing to their overall growth and development.

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Impact




July, 2024

Excellence Community Schools Inc has a significant impact on the educational landscape, specifically in the Bronx and Stamford areas. By providing support and raising funds for Bronx Charter School for Excellence and Stamford Charter School for Excellence, the organization plays a crucial role in preparing young people to compete for admission to and succeed in top public, private, and parochial schools. The mission of Excellence Community Schools Inc focuses on cultivating the intellectual, artistic, social, emotional, and ethical development of students through a challenging and rigorous academic curriculum that emphasizes college preparation from early grades. By creating a supportive and caring environment with high expectations for all students, Excellence Community Schools Inc is instrumental in shaping the next generation of well-rounded and successful individuals.




This information is meant to be a general summary of Excellence Community Schools 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
$10,443,782 (2022)
Expenses
$6,919,968 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $4,838
  • Program Service Revenue: $6,013,350
  • Gross Receipts: $13,304,316

Assets and Liabilities:

  • Total Assets: $18,625,373
  • Total Liabilities: $7,667,628
  • Net Assets: $10,957,745

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Programs

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

MANAGEMENT FEE INCOME

Revenue

$5,985,969

OTHER INCOME

Revenue

$27,381

Organization Details

Founding Year

2003

Principal Officer

Joyce Frost

Main Address

2000 BENEDICT AVENUE, BRONX, NY, 10462

NTEE Category

Code: B122 - Education

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