Civic Intelligence

Excelsior Charter of Broward Inc

EIN 20-3521211 • 501(c)3 • Tamarac, FL

Profile

The entity operates a charter school from k through 5th grade

10044 West Mcnab RoadTamarac, FL 33321

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

68th percentile

0.21x

Higher debt load relative to assets than 68% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2025

Liabilities / Revenue

39th percentile

0.03x

Higher debt load relative to revenue than 39% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2025

Net Margin

46th percentile

2.7%

Higher net margin than 46% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2025

Top Officer Pay

40th percentile

$0

Higher top officer pay than 40% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)3 • $1M-$5M nonprofits • Source year 2025

Asset Growth

80th percentile

22%

Faster asset growth than 80% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2024 to 2025

Revenue Growth

54th percentile

9.7%

Faster revenue growth than 54% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2024 to 2025

Assets

Up

$321,978

Up $58,975 (+22%) from 2024

Liabilities

Up

$68,399

Up $15,898 (+30%) from 2024

Net Assets

Up

$253,579

Up $43,077 (+20%) from 2024

Revenue

Up

$2,042,498

Up $180,777 (+9.7%) from 2024

Expenses

Up

$1,987,670

Up $222,413 (+13%) from 2024

Net Income

Down

$54,828

Down $41,636 (-43%) from 2024

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$800K$600K$400K$200K$0Assets 2011: $324,763Liabilities 2011: $59,016Net Assets 2011: $265,7472011Assets 2012: $382,532Liabilities 2012: $79,546Net Assets 2012: $302,9862012Assets 2013: $231,970Liabilities 2013: $97,396Net Assets 2013: $134,5742013Assets 2014: $293,275Liabilities 2014: $214,409Net Assets 2014: $78,8662014Assets 2015: $241,925Liabilities 2015: $150,461Net Assets 2015: $91,4642015Assets 2016: $176,091Liabilities 2016: $118,971Net Assets 2016: $57,1202016Assets 2017: $517,208Liabilities 2017: $166,952Net Assets 2017: $350,2562017Assets 2018: $517,667Liabilities 2018: $131,484Net Assets 2018: $386,1832018Assets 2019: $402,419Liabilities 2019: $172,181Net Assets 2019: $230,2382019Assets 2020: $632,872Liabilities 2020: $293,300Net Assets 2020: $339,5722020Assets 2021: $524,886Liabilities 2021: $109,808Net Assets 2021: $415,0782021Assets 2022: $143,814Liabilities 2022: $33,375Net Assets 2022: $110,4392022Assets 2023: $298,700Liabilities 2023: $184,662Net Assets 2023: $114,0382023Assets 2024: $263,003Liabilities 2024: $52,501Net Assets 2024: $210,5022024Assets 2025: $321,978Liabilities 2025: $68,399Net Assets 2025: $253,5792025

Highlighted filing

2025

Assets$321,978
Liabilities$68,399
Net Assets$253,579

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$4.0M$3.0M$2.0M$1.0M$0-$1.0MRevenue 2011: $1,241,298Expenses 2011: $1,166,143Net Income 2011: $75,1552011Expenses 2012: $1,284,2782012Expenses 2013: $1,568,4312013Revenue 2014: $1,884,079Expenses 2014: $1,939,787Net Income 2014: -$55,7082014Revenue 2015: $1,742,328Expenses 2015: $1,729,730Net Income 2015: $12,5982015Revenue 2016: $1,642,316Expenses 2016: $1,676,660Net Income 2016: -$34,3442016Revenue 2017: $2,452,067Expenses 2017: $2,158,931Net Income 2017: $293,1362017Revenue 2018: $2,770,635Expenses 2018: $2,734,708Net Income 2018: $35,9272018Revenue 2019: $2,650,891Expenses 2019: $2,806,836Net Income 2019: -$155,9452019Revenue 2020: $2,837,184Expenses 2020: $2,908,347Net Income 2020: -$71,1632020Revenue 2021: $3,042,304Expenses 2021: $2,940,907Net Income 2021: $101,3972021Revenue 2022: $1,345,284Expenses 2022: $1,287,956Net Income 2022: $57,3282022Revenue 2023: $1,523,144Expenses 2023: $1,496,528Net Income 2023: $26,6162023Revenue 2024: $1,861,721Expenses 2024: $1,765,257Net Income 2024: $96,4642024Revenue 2025: $2,042,498Expenses 2025: $1,987,670Net Income 2025: $54,8282025

Highlighted filing

2025

Revenue$2,042,498
Expenses$1,987,670
Net Income$54,828

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.32$0.07$0.25$2.04$1.99$0.05
2024Detailed filing. Detailed filing data is available for this year.$0.26$0.05$0.21$1.86$1.77$0.10
2023Detailed filing. Detailed filing data is available for this year.$0.30$0.18$0.11$1.52$1.50$0.03
2022Detailed filing. Detailed filing data is available for this year.$0.14$0.03$0.11$1.35$1.29$0.06
2021Detailed filing. Detailed filing data is available for this year.$0.52$0.11$0.42$3.04$2.94$0.10
2020Detailed filing. Detailed filing data is available for this year.$0.63$0.29$0.34$2.84$2.91$0.07
2019Detailed filing. Detailed filing data is available for this year.$0.40$0.17$0.23$2.65$2.81$0.16
2018Detailed filing. Detailed filing data is available for this year.$0.52$0.13$0.39$2.77$2.73$0.04
2017Detailed filing. Detailed filing data is available for this year.$0.52$0.17$0.35$2.45$2.16$0.29
2016Detailed filing. Detailed filing data is available for this year.$0.18$0.12$0.06$1.64$1.68$0.03
2015Detailed filing. Detailed filing data is available for this year.$0.24$0.15$0.09$1.74$1.73$0.01
2014Detailed filing. Detailed filing data is available for this year.$0.29$0.21$0.08$1.88$1.94$0.06
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.23$0.10$0.13$1.57
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.38$0.08$0.30$1.28
2011Summary only. Only limited summary data is available for this year.$0.32$0.06$0.27$1.24$1.17$0.08
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2024 to Jun 30, 2025
Signed
Oct 18, 2025
Return Version
2024v5.2
Gross Receipts
$2,042,498
Mission and Program Overview

Mission

To operate two charter schools in

The entity operates a charter school from k through 5th grade

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$175,303$191,992▲ $16,689
Land, Buildings, and Equipment, Net$37,187$77,618▲ $40,431
Prepaid Expenses and Deferred Charges$10,483$20,514▲ $10,031
Accounts Receivable$12,888$6,766▼ $6,122
Intangible Assets$0--
Total Assets$263,003$321,978▲ $58,975
Other Assets Total$27,142$25,088▼ $2,054
Liabilities
Other Liabilities$42,936$56,792▲ $13,856
Accounts Payable and Accrued Expenses$9,565$11,607▲ $2,042
Total Liabilities$52,501$68,399▲ $15,898
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$173,315$175,961▲ $2,646
Net Assets With Donor Restrictions$37,187$77,618▲ $40,431
Total Net Assets Fund Balance$210,502$253,579▲ $43,077
Total Liabilities and Net Assets / Fund Balance$263,003$321,978▲ $58,975

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$56,399$115,197$171,596
Equipment$21,219$131,931$153,150
Land$0--
Other Assets Org$6,766--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Jaime MinorChairman
Raul BaezExecutive Director
Wanda VizcarrondoSecretary
Yhanquel AcostaTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Bus Performance Best Practicesmanagement, curriculum amd contract negotiationsPO Box 450855, Sunrise, FL 33345$290,647
Revenue and Support

Revenue Composition

Contributions and Grants
$2,042,498
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$1,756,203
Change in Net Assets
$54,828

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,042,498
Total Revenue per Audited Statements
$2,042,498
Total Revenue per Form 990
$2,042,498
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,107,552
Other Expenses$880,118
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$782,703$230,564$0$1,013,267
Occupancy$148,634$0$0$148,634
All Other Expenses$136,207$5,883$0$142,090
Depreciation Depletion$138,092$0$0$138,092
Payroll Taxes$57,791$17,630$0$75,421
Other Employee Benefits$18,864$0$0$18,864
Other Expenses$12,475$0$0$12,475
Interest$7,952$0$0$7,952
Office Expenses$0$1,797$0$1,797
Total Functional Expenses$1,705,095$282,575$0$1,987,670

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$1,999,420
Expenses per Audited Statements$1,987,670
Total Expenses per Form 990$1,987,670
Expenses Not Reported on Form 990$11,750
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Wages Payable$50,026
Other liabilities$6,766
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
Excelsior Charter of Broward Inc
EIN
20-3521211
Phone
7547011192
Address
10044 WEST MCNAB ROAD, TAMARAC, FL 33321

Signing Officer

Name
Raul Baez
Title
Executive Director
Phone
7547011192
Signed
2025-10-18
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Raul Baez
Formed
2005
Legal Domicile
Fl
Voting Board Members
3
Independent Board Members
3
Employees
12
Volunteers
25

Preparer

Firm
Mark Escoffery Pa
Address
8645 N MILITARY TRAIL STE 503, PALM BEACH GARDENS, FL 33410
Preparer
Mark Escoffery
Phone
5616271404
Supplemental Narrative

Additional Explanations

Pt VI, Line 11B

Board members are given a copy of the 990 for review prior to filing with the IRS

Pt VI, Line 12C

Management monitors the conflict of interest policy annually.

Pt VI, Line 15A

Management determines the compensation of the Executive Director by reviewing the salaries of similar size organizations

Pt VI, Line 15B

Management determines the compensation of the key employees by reviewing the salaries of similar size organizations

Financial Statement Notes

Pt XII, Line 2D

Difference between book and tax depreciation

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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/PYTotalRevenueAmt01861721
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt054828
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt02042498
IRS990ScheduleA/InvestmentIncomeCYPct00
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/PublicSupportCY170Pct00
IRS990ScheduleA/PublicSupportCY509Pct00
IRS990ScheduleA/PublicSupportTotal509Amt00
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/EquipmentGrp/BookValueAmt021219
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0131931
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0153150
IRS990ScheduleD/ExpensesNotReportedAmt011750
IRS990ScheduleD/ExpensesSubtotalAmt01987670
IRS990ScheduleD/LandGrp/BookValueAmt00
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt056399
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0115197
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0171596
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt018322
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt16766
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0DEPOSITS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1due from other funds
IRS990ScheduleD/OtherExpensesIncludedAmt011750
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt050026
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt16766
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0WAGES PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1Other liabilities
IRS990ScheduleD/RevenueSubtotalAmt02042498
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0DIFFERENCE BETWEEN BOOK AND TAX DEPRECIATION
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt XII, Line 2d
IRS990ScheduleD/TotalBookValueLandBuildingsAmt077618
IRS990ScheduleD/TotalBookValueOtherAssetsAmt025088
IRS990ScheduleD/TotalExpensesPerForm990Amt01987670
IRS990ScheduleD/TotalLiabilityAmt056792
IRS990ScheduleD/TotalRevenuePerForm990Amt02042498
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt02042498
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01999420
IRS990ScheduleE/ComplianceWithRevProc7550Ind0true
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd0false
IRS990ScheduleE/DiscriminateRaceAthltProgInd0false
IRS990ScheduleE/DiscriminateRaceEducPlcyInd0false
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd0false
IRS990ScheduleE/DiscriminateRaceOtherActyInd0false
IRS990ScheduleE/DiscriminateRaceSchsInd0false
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd0false
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd0false
IRS990ScheduleE/GovernmentFinancialAidRcvdInd0true
IRS990ScheduleE/GovernmentFinancialAidRvkdInd0false
IRS990ScheduleE/MaintainCpyOfAllSolInd0true
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd0true
IRS990ScheduleE/MaintainRacialCompRecsInd0true
IRS990ScheduleE/MaintainScholarshipsRecsInd0true
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd0true
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd0true
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd0true
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0THE SCHOOLS MANAGEMENT PUBLISHES THE SCHOOLS NON DISCRIMINATORY POLICIES THROUGH PUBLICATIONS IN NEWSLETTERS, BROCHURES AND IN NEIGHBOURHOOD NEWSPAPERS. SEE STATEMENT
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1THE SCHOOL RECEIVES FUNDING FORM THE STATE OF FLORIDA DEPT OF EDUCATION.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0Line 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1Line 6b
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0false
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Board members are given a copy of the 990 for review prior to filing with the IRS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Management monitors the conflict of interest policy annually.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Management determines the compensation of the Executive Director by reviewing the salaries of similar size organizations
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Management determines the compensation of the key employees by reviewing the salaries of similar size organizations
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt VI, Line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Pt VI, Line 15b
IRS990/SchoolOperatingInd0true
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0263003
IRS990/TotalAssetsEOYAmt0321978
IRS990/TotalAssetsGrp/BOYAmt0263003
IRS990/TotalAssetsGrp/EOYAmt0321978
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt02042498
IRS990/TotalEmployeeCnt012
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0282575
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01705095
IRS990/TotalFunctionalExpensesGrp/TotalAmt01987670
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt052501
IRS990/TotalLiabilitiesEOYAmt068399
IRS990/TotalLiabilitiesGrp/BOYAmt052501
IRS990/TotalLiabilitiesGrp/EOYAmt068399
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0210502
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0253579
IRS990/TotalProgramServiceExpensesAmt01705095
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt02042498
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt025
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0263003
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0321978
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/USAddress/AddressLine1Txt010044 West McNab Road
IRS990/USAddress/CityNm0Fort Lauderdale
IRS990/USAddress/StateAbbreviationCd0FL
IRS990/USAddress/ZIPCd033321
IRS990/VotingMembersGoverningBodyCnt03
IRS990/VotingMembersIndependentCnt03
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0RAUL BAEZ
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum07547011192
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-10-18
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0EXCELSIOR CHARTER OF BROWARD INC
ReturnHeader/Filer/BusinessNameControlTxt0EXCE
ReturnHeader/Filer/EIN0203521211
ReturnHeader/Filer/PhoneNum07547011192
ReturnHeader/Filer/USAddress/AddressLine1Txt010044 WEST MCNAB ROAD
ReturnHeader/Filer/USAddress/CityNm0TAMARAC
ReturnHeader/Filer/USAddress/StateAbbreviationCd0FL
ReturnHeader/Filer/USAddress/ZIPCd033321
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0650069490
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0MARK ESCOFFERY PA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt08645 N MILITARY TRAIL STE 503
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0PALM BEACH GARDENS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0FL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd033410
ReturnHeader/PreparerPersonGrp/PhoneNum05616271404
ReturnHeader/PreparerPersonGrp/PreparationDt02025-10-27
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Mark Escoffery
ReturnHeader/ReturnTs02025-10-27T08:26:21-07:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-07-01
ReturnHeader/TaxPeriodEndDt02025-06-30
ReturnHeader/TaxYr02024

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