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 73 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 Records73
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.

Where $100 goes at Friends of Excel Academy Charter Schools Inc

How Friends of Excel Academy Charter Schools Inc divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.

$79 Programs the work itself
$19 Management running the organization
$2 Fundraising raising the next dollar

Inside the $79 for programs

$79
To raise funds and support the functions of excel academy charter school and excel academy rhode island
All program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

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 73 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
$8,243,290 22 grants
General Support
$6,359,516 41 grants
Public Safety & Disaster Relief
$250,000 1 grant
Research & Policy
$213,000 1 grant
Unspecified
$736,457 7 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.

See the full picture for FRIENDS OF EXCEL ACADEMY CHARTER SCHOOLS INC

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