Civic Intelligence

Excel Academy Public Charter School

990 • Fiscal year 2020 • EIN 20-4394596

Jul 01, 2019 to Jun 30, 2020 • Filed on Aug 03, 2020

PO Box 71080Washington, DC 20024

(202) 841-6557

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

27th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Liabilities / Revenue

27th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Net Margin

1st percentile

-2255%

Higher net margin than 1% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Top Officer Pay

61st percentile

$36,491

Higher top officer pay than 61% of similar nonprofits.

Top officer pay equals 993.0% of source-year revenue.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Asset Growth

13th percentile

-8.7%

Faster asset growth than 13% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2019 to 2020

Revenue Growth

54th percentile

1.3%

Faster revenue growth than 54% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2019 to 2020

Assets

Flat

$954,073

Flat from 2020

Net Assets

Flat

$954,073

Flat from 2020

Liabilities

Flat

$0

Flat from 2020

Revenue

Flat

$3,675

Flat from 2020

Expenses

Flat

$86,546

Flat from 2020

Net Income

Flat

-$82,871

Flat from 2020

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$6.0M$4.0M$2.0M$0Assets 2011: $1,570,379Liabilities 2011: $431,481Net Assets 2011: $1,138,8982011Assets 2012: $1,905,985Liabilities 2012: $467,336Net Assets 2012: $1,438,6492012Assets 2013: $2,720,989Liabilities 2013: $617,921Net Assets 2013: $2,103,0682013Assets 2014: $3,304,492Liabilities 2014: $977,068Net Assets 2014: $2,327,4242014Assets 2015: $4,688,355Liabilities 2015: $1,019,922Net Assets 2015: $3,668,4332015Assets 2016: $5,340,210Liabilities 2016: $1,195,811Net Assets 2016: $4,144,3992016Assets 2017: $4,770,380Liabilities 2017: $1,046,080Net Assets 2017: $3,724,3002017Assets 2018: $1,845,903Liabilities 2018: $313,858Net Assets 2018: $1,532,0452018Assets 2019: $1,045,383Liabilities 2019: $8,439Net Assets 2019: $1,036,9442019Assets 2020: $954,073Liabilities 2020: $0Net Assets 2020: $954,0732020Assets 2020: $954,073Liabilities 2020: $0Net Assets 2020: $954,0732020Assets 2021: $31,550Net Assets 2021: $31,5502021Assets 2022: $0Net Assets 2022: $02022

Highlighted filing

2020

Assets$954,073
Liabilities$0
Net Assets$954,073

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$15M$10M$5.0M$0-$5.0MRevenue 2011: $5,319,988Expenses 2011: $4,836,409Net Income 2011: $483,5792011Expenses 2012: $6,433,7402012Expenses 2013: $7,836,5272013Revenue 2014: $10,841,406Expenses 2014: $10,617,050Net Income 2014: $224,3562014Revenue 2015: $13,638,557Expenses 2015: $12,057,629Net Income 2015: $1,580,9282015Revenue 2016: $13,604,212Expenses 2016: $13,128,246Net Income 2016: $475,9662016Revenue 2017: $13,250,484Expenses 2017: $13,670,583Net Income 2017: -$420,0992017Revenue 2018: $13,163,041Expenses 2018: $14,821,299Net Income 2018: -$1,658,2582018Revenue 2019: $3,628Expenses 2019: $498,729Net Income 2019: -$495,1012019Revenue 2020: $3,675Expenses 2020: $86,546Net Income 2020: -$82,8712020Revenue 2020: $3,675Expenses 2020: $86,546Net Income 2020: -$82,8712020Revenue 2021: $2,865Expenses 2021: $925,388Net Income 2021: -$922,5232021Expenses 2022: $31,5502022

Highlighted filing

2020

Revenue$3,675
Expenses$86,546
Net Income-$82,871
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
Aug 3, 2020
Return Version
2019v5.0
Gross Receipts
$3,675
Mission and Program Overview

Mission

The public charter school operates as part of the district of columbia public school system with its purpose of providing an outstanding academic education to pre-school to eighth grade girls in the district of columbia. In an effort to impact the inter-generational patterns of poverty, excel academy has been organized to provide an excellent academic and complementary social and enrichment program to prepare scholars to succeed and effectively compete in highly competitive high schools, colleges, and universities.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$897,475$954,073▲ $56,598
Cash and Non-Interest-Bearing Accounts$132,918--
Prepaid Expenses and Deferred Charges$14,990--
Total Assets$1,045,383$954,073▼ $91,310
Liabilities
Accounts Payable and Accrued Expenses$8,439--
Total Liabilities$8,439$0▼ $8,439
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,036,944$954,073▼ $82,871
Total Net Assets Fund Balance$1,036,944$954,073▼ $82,871
Total Liabilities and Net Assets / Fund Balance$1,045,383$954,073▼ $91,310
Compensation and Service Providers

Employees

NameTitleBaseTotal
Deborah LockhartCEO/head of$36,491$36,491
Kevin StaffordCFO$6,010$6,010

Board Members and Trustees

NameTitle
Elizabeth HeiderChair
Michael BealeVice Chair
Valerie HoltTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$3,114
Program Service Revenue
$0
Investment Income
$561
Other Revenue
$0
All Other Contributions
$3,114
Change in Net Assets
$-82,871
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$87,997
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0
Salaries, Compensation, and Employee Benefits$-1,451

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other-$45,068-$45,068
Occupancy-$17,498-$17,498
Fees for Services Accounting-$9,904-$9,904
Fees for Services Legal-$3,560-$3,560
Other Expenses-$672-$672
Information Technology-$660-$660
Office Expenses-$280-$280
Travel-$-377-$-377
Other Employee Benefits-$-1,451-$-1,451
Total Functional Expenses$0$86,546$0$86,546
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

The chief executive officer and the chief financial officer review the form 990 information return and then forward the form 990 to the treasurer for review and presentation to the board of directors. Once all questions posed by the board of directors are addressed and answered, the treasurer notifies the chief financial officer that the 990 is authorized for filing.

Form 990, Page 6, Part VI, Line 12C

The conflict of interest policy is reviewed annually for all board members and key employees. The review requires disclosure of any interest by anyone that may have a conflict of interest. As there are changes in board members or key employees, the policy is disclosed and complied with.

Form 990, Page 6, Part VI, Line 15A

The chief executive officer's compensation is reviewed annually by the board of directors at a regular meeting. There is a performance review and a comparison of salary to market for determination of salary.

Form 990, Page 6, Part VI, Line 19

The documents are available upon request for inspection at the school, and a copy may be obtained at a cost per copy for reproduction.

Filing and Contact Details

Filer

Filer Name
Excel Academy Public Charter School
EIN
20-4394596
Phone
2028416557
Address
PO BOX 71080, WASHINGTON, DC 20024

Signing Officer

Name
Kevin Stafford
Title
CFO
Phone
2023730097
Signed
2020-08-03
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Kevin Stafford
Formed
2006
Legal Domicile
Dc
Voting Board Members
3
Independent Board Members
3
Employees
0
Volunteers
3

Preparer

Firm
Kendall Prebola and Jones LLC
Address
PO BOX 259, BEDFORD, PA 15522-0259
Preparer
Richard M Jones CPA
Phone
8146231880
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

The public charter school operates as part of the district of columbia public school system with its purpose of providing an outstanding academic education to pre-school to eighth grade girls in the district of columbia. In an effort to impact the inter-generational patterns of poverty, excel academy has been organized to provide an excellent academic and complementary social and enrichment program to prepare scholars to succeed and effectively compete in highly competitive high schools, colleges, and universities.

Form 990, Part IX, Line 11G

Accounting - school close out 0 6,010 0 admin - school close out 0 36,491 0 other 0 2,567 0 total 0 45,068 0

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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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE PUBLIC CHARTER SCHOOL OPERATES AS PART OF THE DISTRICT OF COLUMBIA PUBLIC SCHOOL SYSTEM WITH ITS PURPOSE OF PROVIDING AN OUTSTANDING ACADEMIC EDUCATION TO PRE-SCHOOL TO EIGHTH GRADE GIRLS IN THE DISTRICT OF COLUMBIA. IN AN EFFORT TO IMPACT THE INTER-GENERATIONAL PATTERNS OF POVERTY, EXCEL ACADEMY HAS BEEN ORGANIZED TO PROVIDE AN EXCELLENT ACADEMIC AND COMPLEMENTARY SOCIAL AND ENRICHMENT PROGRAM TO PREPARE SCHOLARS TO SUCCEED AND EFFECTIVELY COMPETE IN HIGHLY COMPETITIVE HIGH SCHOOLS, COLLEGES, AND UNIVERSITIES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE CHIEF EXECUTIVE OFFICER AND THE CHIEF FINANCIAL OFFICER REVIEW THE FORM 990 INFORMATION RETURN AND THEN FORWARD THE FORM 990 TO THE TREASURER FOR REVIEW AND PRESENTATION TO THE BOARD OF DIRECTORS. ONCE ALL QUESTIONS POSED BY THE BOARD OF DIRECTORS ARE ADDRESSED AND ANSWERED, THE TREASURER NOTIFIES THE CHIEF FINANCIAL OFFICER THAT THE 990 IS AUTHORIZED FOR FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE CONFLICT OF INTEREST POLICY IS REVIEWED ANNUALLY FOR ALL BOARD MEMBERS AND KEY EMPLOYEES. THE REVIEW REQUIRES DISCLOSURE OF ANY INTEREST BY ANYONE THAT MAY HAVE A CONFLICT OF INTEREST. AS THERE ARE CHANGES IN BOARD MEMBERS OR KEY EMPLOYEES, THE POLICY IS DISCLOSED AND COMPLIED WITH.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE CHIEF EXECUTIVE OFFICER'S COMPENSATION IS REVIEWED ANNUALLY BY THE BOARD OF DIRECTORS AT A REGULAR MEETING. THERE IS A PERFORMANCE REVIEW AND A COMPARISON OF SALARY TO MARKET FOR DETERMINATION OF SALARY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE DOCUMENTS ARE AVAILABLE UPON REQUEST FOR INSPECTION AT THE SCHOOL, AND A COPY MAY BE OBTAINED AT A COST PER COPY FOR REPRODUCTION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5ACCOUNTING - SCHOOL CLOSE OUT 0 6,010 0 ADMIN - SCHOOL CLOSE OUT 0 36,491 0 OTHER 0 2,567 0 TOTAL 0 45,068 0
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART IX, LINE 11G
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IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt086546
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt08439
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt08439
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01036944
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0954073
IRS990/TotalReportableCompFromOrgAmt042501
IRS990/TotalRevenueGrp/ExclusionAmt0561
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt03675
IRS990/TotalVolunteersCnt03
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01045383
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0954073
IRS990/TravelGrp/ManagementAndGeneralAmt0-377
IRS990/TravelGrp/TotalAmt0-377
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO BOX 71080
IRS990/USAddress/CityNm0WASHINGTON
IRS990/USAddress/StateAbbreviationCd0DC
IRS990/USAddress/ZIPCd020024
IRS990/VotingMembersGoverningBodyCnt03
IRS990/VotingMembersIndependentCnt03
IRS990/WebsiteAddressTxt0NONE
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02020-11-06 18:47:13Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0KEVIN STAFFORD
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CFO
ReturnHeader/BusinessOfficerGrp/PhoneNum02023730097
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-08-03
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0EXCEL ACADEMY PUBLIC CHARTER SCHOOL
ReturnHeader/Filer/BusinessNameControlTxt0EXCE
ReturnHeader/Filer/EIN0204394596
ReturnHeader/Filer/PhoneNum02028416557
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 71080
ReturnHeader/Filer/USAddress/CityNm0WASHINGTON
ReturnHeader/Filer/USAddress/StateAbbreviationCd0DC
ReturnHeader/Filer/USAddress/ZIPCd020024
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0CF44271D218793F46FF80C57072A19272FA51A09
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0CF44271D218793F46FF80C57072A19272FA51A09
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt096.66.174.73
ReturnHeader/FilingSecurityInformation/IPDt02020-08-05
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CD
ReturnHeader/FilingSecurityInformation/IPTm010:39:09
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0462108854
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0KENDALL PREBOLA AND JONES LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO BOX 259
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0BEDFORD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0PA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0155220259
ReturnHeader/PreparerPersonGrp/PhoneNum08146231880
ReturnHeader/PreparerPersonGrp/PreparationDt02020-08-03
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0RICHARD M JONES CPA
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02020-08-05T10:39:09-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02019-07-01
ReturnHeader/TaxPeriodEndDt02020-06-30
ReturnHeader/TaxYr02019

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.00$0.00$0.03
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.03$0.03$0.00$0.93$0.92
2020Detailed filing. Detailed filing data is available for this year.$0.95$0.00$0.95$0.00$0.09$0.08
2020Summary only. Only limited summary data is available for this year.$0.95$0.00$0.95$0.00$0.09$0.08
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.05$0.01$1.04$0.00$0.50$0.50
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.85$0.31$1.53$13.2$14.8$1.66
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.77$1.05$3.72$13.3$13.7$0.42
2016Detailed filing. Detailed filing data is available for this year.$5.34$1.20$4.14$13.6$13.1$0.48
2015Detailed filing. Detailed filing data is available for this year.$4.69$1.02$3.67$13.6$12.1$1.58
2014Detailed filing. Detailed filing data is available for this year.$3.30$0.98$2.33$10.8$10.6$0.22
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.72$0.62$2.10$7.84
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.91$0.47$1.44$6.43
2011Summary only. Only limited summary data is available for this year.$1.57$0.43$1.14$5.32$4.84$0.48