Excelsior 86 Inc

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

EIN: 831762529 ✦ Marrero, LA ✦ Designated as a 501(c)(3)

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Overview

What is Excelsior 86 Inc?

Excelsior 86 Inc is a nonprofit organization situated in Louisiana, specifically on the Westbank of Jefferson Parish. Their primary mission is to support Catholic education for young men by offering scholarships and financial aid. Their ultimate goal is to establish a substantial endowment, totaling at least $250,000 in financial assets, marked specifically for this purpose. Through these initiatives, Excelsior 86 Inc enables deserving young men to gain access to a high-quality education in the Salesian tradition, fostering their growth and development within this educational system.

Is Excelsior 86 Inc legitimate?

Excelsior 86 Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Excelsior 86 Inc submitted a form 990EZ, 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 Excelsior 86 Inc?

Excelsior 86 Inc's mission is centered around enhancing Catholic education for young men. Their primary goal is to offer scholarships and financial aid, aiming to establish a permanent endowment with a minimum of $250,000 in financial assets and marked gifts. This organization strives to provide access to a high school education in the Salesian tradition, catering specifically to deserving young men. The ultimate objective of Excelsior 86 Inc is to enrich the educational experiences of these young men, fostering personal growth and development in alignment with Catholic values.

What is the revenue of Excelsior 86 Inc?

Excelsior 86 Inc's revenue in 2024 was $12,650.

Who are the executives of Excelsior 86 Inc and what are their salaries?

Here are 3 key members and their salaries:


Elward Cortez (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Douglas Hernandez (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Troy Depriest (Secretarytreasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Excelsior 86 Inc?

Excelsior 86 Inc's most recent form 990EZ was submitted in 2024 and can be accessed here.

Mission Statement of Excelsior 86 Inc

Excelsior 86 Inc, a nonprofit organization, is committed to enhancing Catholic education for young men. Their mission is twofold: to provide scholarships and financial aid and to build a permanent endowment with at least $250,000 in financial assets and specifically marked gifts. The primary objective is to ensure that deserving young men have access to a high-quality education in the Salesian tradition, which emphasizes values such as discipline, respect, and community service. By achieving this goal, Excelsior 86 Inc aims to create a lasting impact, fostering the intellectual and moral growth of these young men.

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Impact




August, 2024

Excelsior 86 Inc's impact lies in its mission to maximize Catholic education for young men by providing scholarships and financial assistance. The organization aims to build a permanent endowment with a minimum of $250,000 in financial assets and specifically marked gifts to ensure the continuity of its educational support. By offering access to a high school education in the Salesian tradition on the Westbank of Jefferson Parish in Louisiana, Excelsior 86 Inc is creating opportunities for deserving young men to receive a quality education that may have otherwise been out of reach. This initiative not only supports the educational advancement of individuals but also contributes to the broader goal of strengthening the community through the promotion of academic excellence and character development among its youth.




This information is meant to be a general summary of Excelsior 86 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
$12,650 (2024)
Expenses
$6,200 (2024)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2024.

  • Gross Receipts: $12,650

Assets and Liabilities:

  • Total Assets: $10,728
  • Total Liabilities: $0
  • Net Assets: $10,728

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Organization Details

Principal Officer

Elward Cortez

NTEE Category

Code: B90 - Education

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