Public Charity

FRIENDS OF EXCEL ACADEMY CHARTER SCHOOLS INC

FRIENDS OF EXCEL ACADEMY CHARTER SCHOOLS INC is a nonprofit organization categorized as Public Charity based in EAST BOSTON, MA. Its most recent IRS filing (2025) reports revenue of $8.4M, expenses of $8.9M, total assets of $47.2M. Imperigo tracks 72 reported grant relationships connected to this organization totaling approximately $15.8M.

EIN: 300211613 EAST BOSTON, MA Educational Services NTEE: B90 Latest filing: 2025
Total Revenue$8.4M
Total Expenses$8.9M
Total Assets$47.2M
Grant Records72
Funding Total$15.8M
Filing Years2021–2025

Mission

TO RAISE FUNDS AND SUPPORT THE FUNCTIONS OF AND CARRY OUT THE PURPOSES OF EXCEL ACADEMY CHARTER SCHOOL AND EXCEL ACADEMY RHODE ISLAND; TO ENGAGE IN ACTIVITIES AND PERFORM FUNCTIONS THAT THE SCHOOLS WOULD OTHERWISE HAVE TO PERFORM; TO OWN, LEASE AND MAINTAIN THE SITES AT WHICH THE SCHOOLS ARE LOCATED AND TO OTHERWISE BENEFIT THE SCHOOLS THROUGH PROVISION OF FINANCIAL SUPPORT AND SERVICES.

Sample Grants Received

$213,000
2024
FOR RECIPIENT'S EXEMPT PURPOSE
$162,500
2024
For grant recipient's exempt purposes
$136,800
2024
Operating Support/Annual Fund
$73,500

Showing up to 5 of 72 total records — full history available with membership.

Officers & Directors

SENIOR DIRECTOR: FINANCE Aaron Stelson
CHIEF FINANCIAL OFFICER Andrew Solomon
DIRECTOR OF DEVELOPMENT & GOVERNANCE Arthur Kaynor
CLERK Christopher Satti
MANAGING DIR. ACADEMIC LEADERSHIP Darren Gray
TREASURER Donald Cass

Officer compensation and complete director data available with membership.

Top Grant Purposes

EDUCATION
$6,172,950 7 grants
OPERATING SUPPORT
$2,914,980 2 grants
For grant recipient's exempt purposes
$1,785,250 9 grants
DAF - Education
$1,608,140 8 grants
See Part IV
$600,000 4 grants

Financial Trends

Year Revenue Expenses Assets
2025 $8.4M $8.9M $47.2M
2024 $8.1M $8.1M $48.9M
2023 $14.3M $8.9M $49.7M
2022 $8.0M $4.3M $82.7M
2021 $4.6M $3.6M $81.2M

Between 2021 and 2025, reported annual revenue grew from $4.6M to $8.4M (+81%), with total assets most recently reported at $47.2M.

Interactive year-over-year charts and full filing details available with membership.

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