Overview
What is Xcel Strategies Inc?
Xcel Strategies Inc, a nonprofit organization based in Savannah, Georgia (specifically at 8401 Royal Oak Drive), is devoted to empowering underprivileged young men through comprehensive training and mentoring programs. The organization has made a significant impact in various communities, assisting over 200 students in South Florida through partnerships with United Way and court appointments, over 150 students in summer skills camps in South Georgia, and over 100 students through industry expos that include welding and fabrication competitions in North Georgia. Beyond this, Xcel Strategies Inc also coordinates a joyful prom event for physically and mentally challenged children, demonstrating their commitment to inclusivity and community upliftment.
Official website here: www.xceltoday.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 77% (Three-Star out of Four Stars)
Xcel Strategies Inc has earned a Three-Star rating from Charity Navigator, reflecting a solid performance in accountability and finance. The organization scored 77%, primarily due to its strong practices in governance and transparency. The charity boasts a fully independent board of directors, with 100% of its members being independent, and maintains a low liabilities to assets ratio, indicating good financial health.
The charity's financial practices are commendable, with a program expense ratio of 79.05%, suggesting that a significant portion of its funds is directed towards its programs rather than administrative costs. Additionally, the organization has policies in place for conflict of interest and document retention, which underscores its commitment to ethical operations. However, it should be noted that the charity is lacking a whistleblower policy, which could raise concerns regarding internal reporting and accountability.
Overall, while Xcel Strategies Inc demonstrates strong governance and effective use of resources, the absence of a whistleblower policy may be a limitation that the organization should address to further enhance its accountability practices.
This AI summary has been generated from information found on Charity Navigator.
Is Xcel Strategies Inc legitimate?
Xcel Strategies Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Xcel Strategies 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: $92,234
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.xceltoday.com
What is the mission statement of Xcel Strategies Inc?
Xcel Strategies Inc is an organization that prioritizes the training and mentoring of underprivileged young men. In addition to this, they coordinate the Joy Prom event for physically and mentally challenged children. Through their initiatives, they have successfully mentored hundreds of students through various programs across different regions, including summer skills camps, industry expos, and collaborations with United Way and court appointments. The organization's mission is centered around providing opportunities and support for underprivileged youth and fostering inclusive events for children with special needs.
Official website here: www.xceltoday.com
Who is the CEO of Xcel Strategies Inc?
Mike Scribner is the President of Xcel Strategies Inc. The CEO's salary of Xcel Strategies Inc is $91,992 and their total compensation is $91,992.
Official website here: www.xceltoday.com
What is the revenue of Xcel Strategies Inc?
Xcel Strategies Inc's revenue in 2022 was $821,861.
Official website here: www.xceltoday.com
Who are the executives of Xcel Strategies Inc and what are their salaries?
There 100 volunteers at Xcel Strategies Inc.
Here are 9 key members and their salaries (Xcel Strategies Inc's CEO's salary is $91,992 and their total compensation is $91,992):
- Compensation: $91,992
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- Other: $0
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Official website here: www.xceltoday.com
Where can I find the form 990 for Xcel Strategies Inc?
Xcel Strategies Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.xceltoday.com
Learn more at the official website: www.xceltoday.com
Mission Statement of Xcel Strategies Inc
Xcel Strategies Inc, a nonprofit organization, is committed to making a difference in the lives of underprivileged young men. Their mission encompasses two key areas: providing training and mentoring programs, and coordinating special events. Through their mentoring programs, they work with students in various settings, including partnerships with organizations like United Way and court appointments in South Florida, summer skills camps in South Georgia, and industry expos that include welding and fabrication competitions in North Georgia. By mentoring over 200 students through United Way, 150 students through summer skills camps, and over 100 students through industry expos, Xcel Strategies Inc is making a significant impact in the lives of young men who may otherwise lack the resources and guidance necessary for success.
In addition to their mentoring programs, Xcel Strategies Inc also coordinates joyful events for a group of children who face unique challenges. These children, who are physically and mentally challenged, are invited to a special prom event organized by the nonprofit. This event, known as the Joy Prom, provides these children with a night of fun, celebration, and inclusion that they may not otherwise have the opportunity to experience. By coordinating the Joy Prom, Xcel Strategies Inc is not only providing these children with a memorable experience, but also promoting inclusion and empowerment, demonstrating their commitment to making a positive impact in the lives of all young people, regardless of their abilities.
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Impact
July, 2024
Xcel Strategies Inc has made a significant impact by providing training and mentoring programs to underprivileged young men. Through their initiatives, they have successfully mentored over 200 students in South Florida via United Way and court appointments, helped over 150 students through summer skills camps in South Georgia, and supported over 100 students through industry expos featuring welding and fabrication competitions in North Georgia. Additionally, the organization coordinates the Joy Prom event for physically and mentally challenged kids, further enhancing their positive influence on the community.
This information is meant to be a general summary of Xcel Strategies 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 2022.
- Gross Receipts: $821,861
Assets and Liabilities:
- Total Assets: $299,800
- Total Liabilities: $6,536
- Net Assets: $293,264
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Organization Details
Founding Year
2015
Principal Officer
Mike Scribner
Main Address
8401 ROYAL OAK DRIVE, SAVANNAH, GA, 31406
Website
www.xceltoday.comNTEE Category
Code: O55 - Youth development
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