Civic Intelligence

Excell Academy for Higher Learning Inc.

990 • Fiscal year 2011 • EIN 41-1968867

Jul 01, 2010 to Jun 30, 2011 • Filed on Apr 23, 2012

6510 Zane Avenue North No 10755429
Siviq Scores

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

Liabilities / Assets

67th percentile

0.42x

Higher debt load relative to assets than 67% of similar nonprofits.

2011 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2011

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2011

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2011

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2011

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2011

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Assets

$2,283,341

No earlier filing loaded for comparison.

Net Assets

$1,322,645

No earlier filing loaded for comparison.

Liabilities

$960,696

No earlier filing loaded for comparison.

Revenue

-

No earlier filing loaded for comparison.

Expenses

$5,621,796

No earlier filing loaded for comparison.

Net Income

-

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$10M$5.0M$0-$5.0MAssets 2011: $2,283,341Liabilities 2011: $960,696Net Assets 2011: $1,322,6452011Assets 2012: $2,084,751Liabilities 2012: $1,103,484Net Assets 2012: $981,2672012Assets 2013: $1,776,303Liabilities 2013: $571,734Net Assets 2013: $1,204,5692013Assets 2014: $1,735,461Liabilities 2014: $457,272Net Assets 2014: $1,278,1892014Assets 2015: $2,066,227Liabilities 2015: $2,971,213Net Assets 2015: -$904,9862015Assets 2016: $2,532,142Liabilities 2016: $3,495,308Net Assets 2016: -$963,1662016Assets 2017: $7,961,738Liabilities 2017: $9,785,432Net Assets 2017: -$1,823,6942017Assets 2018: $6,599,149Liabilities 2018: $9,348,943Net Assets 2018: -$2,749,7942018Assets 2019: $5,603,349Liabilities 2019: $7,699,985Net Assets 2019: -$2,096,6362019Assets 2020: $4,583,325Liabilities 2020: $7,265,476Net Assets 2020: -$2,682,1512020Assets 2021: $4,215,096Liabilities 2021: $6,917,689Net Assets 2021: -$2,702,5932021Assets 2022: $3,930,885Liabilities 2022: $6,582,396Net Assets 2022: -$2,651,5112022Assets 2023: $4,425,733Liabilities 2023: $6,635,095Net Assets 2023: -$2,209,3622023Assets 2024: $4,520,466Liabilities 2024: $8,063,385Net Assets 2024: -$3,542,9192024

Highlighted filing

2011

Assets$2,283,341
Liabilities$960,696
Net Assets$1,322,645

Operations Trend

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

$15M$10M$5.0M$0-$5.0MExpenses 2011: $5,621,7962011Expenses 2012: $5,803,9292012Expenses 2013: $5,254,4512013Revenue 2014: $4,984,632Expenses 2014: $4,911,012Net Income 2014: $73,6202014Revenue 2015: $5,249,664Expenses 2015: $5,294,430Net Income 2015: -$44,7662015Revenue 2016: $6,041,311Expenses 2016: $6,095,775Net Income 2016: -$54,4642016Revenue 2017: $6,635,433Expenses 2017: $7,769,800Net Income 2017: -$1,134,3672017Revenue 2018: $6,998,338Expenses 2018: $7,924,438Net Income 2018: -$926,1002018Revenue 2019: $7,141,675Expenses 2019: $7,263,496Net Income 2019: -$121,8212019Revenue 2020: $7,762,280Expenses 2020: $7,955,714Net Income 2020: -$193,4342020Revenue 2021: $7,722,207Expenses 2021: $7,352,218Net Income 2021: $369,9892021Revenue 2022: $8,755,749Expenses 2022: $8,903,413Net Income 2022: -$147,6642022Revenue 2023: $10,009,729Expenses 2023: $10,094,947Net Income 2023: -$85,2182023Revenue 2024: $10,488,356Expenses 2024: $11,588,159Net Income 2024: -$1,099,8032024

Highlighted filing

2011

Revenue-
Expenses$5,621,796
Net Income-
Jump To
Filing Snapshot
Filing Period
Jul 1, 2010 to Jun 30, 2011
Signed
Apr 23, 2012
Return Version
2010v3.4
Gross Receipts
$5,631,854
Mission and Program Overview

Mission

The mission of excell academy for higher learning is to equip and prepare its learners for higher education and to be positive productive citizens. Excell academy will achieve its mission by identifying, nurturing, and developing its learners' academic gifts, talents and creativity. With the belief that every student is capable of pursuing achievement at a higher level, excell academy offers exceptional learning experiences and quality curricula to foster the learners' fullest potential.

Filing and Contact Details

Filer

EIN
41-1968867
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IRS990/MissionDescription0THE MISSION OF EXCELL ACADEMY FOR HIGHER LEARNING IS TO EQUIP AND PREPARE ITS LEARNERS FOR HIGHER EDUCATION AND TO BE POSITIVE PRODUCTIVE CITIZENS. EXCELL ACADEMY WILL ACHIEVE ITS MISSION BY IDENTIFYING, NURTURING, AND DEVELOPING ITS LEARNERS' ACADEMIC GIFTS, TALENTS AND CREATIVITY. WITH THE BELIEF THAT EVERY STUDENT IS CAPABLE OF PURSUING ACHIEVEMENT AT A HIGHER LEVEL, EXCELL ACADEMY OFFERS EXCEPTIONAL LEARNING EXPERIENCES AND QUALITY CURRICULA TO FOSTER THE LEARNERS' FULLEST POTENTIAL.
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IRS990ScheduleE/Form990ScheduleEPartII/Explanation0THE SCHOOL'S NONDISCRIMINATORY POLICY IS POSTED AT THE SCHOOL, AND IS LISTED IN THE ENROLLMENT APPLICATION, BROCHURE, AND ON THE SCHOOL'S WEBSITE.
IRS990ScheduleE/Form990ScheduleEPartII/Explanation1THE SCHOOL RECEIVES FEDERAL AND STATE FUNDING.
IRS990ScheduleE/Form990ScheduleEPartII/Identifier0EXPLANATION OF NONDISCRIMINATORY POLICY PUBLICATION
IRS990ScheduleE/Form990ScheduleEPartII/Identifier1EXPLANATION OF GOVERNMENT FINANCIAL ASSISTANCE
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IRS990ScheduleO/GeneralExplanation/Explanation0SABRINA WILLIAMS (SCHOOL EXECUTIVE DIRECTOR) AND CANDANCE DUNBAR (BOARD CHAIR), FAMILY RELATIONSHIP
IRS990ScheduleO/GeneralExplanation/Explanation1THE SCHOOL'S MEMBERSHIP CONSISTS OF ENROLLEE MEMBERS, EMPLOYEE MEMBERS, AND COMMUNITY MEMBERS. ENROLLMENT OF A CHILD IN THE SCHOOL QUALIFIES THE PARENT(S)/LEGAL GUARDIAN(S) AS ENROLLEE MEMBERS. PAID EMPLOYMENT BY THE SCHOOL QUALIFIES THE EMPLOYEE AS AN EMPLOYEE MEMBER. SERVICE OF FIFTEEN HOURS OF VOLUNTEER WORK FOR THE SCHOOL QUALIFIES AN INDIVIDUAL AS A COMMUNITY MEMBER. ALL MEMBERS HAVE EQUAL VOTING RIGHTS.
IRS990ScheduleO/GeneralExplanation/Explanation2THE SCHOOL'S MEMBERS ARE ELIGIBLE TO VOTE TO ELECT BOARD MEMBERS AT THE ANNUAL MEETING.
IRS990ScheduleO/GeneralExplanation/Explanation3AMENDMENTS TO THE SCHOOL'S GOVERNING DOCUMENTS MUST BE APPROVED BY A MAJORITY VOTE OF THE MEMBERS.
IRS990ScheduleO/GeneralExplanation/Explanation4THE SCHOOL DIRECTOR REVIEWED THE FORM 990 WITH A CONTRACTED ACCOUNTANT AND THE INDEPENDENT AUDITOR. THIS PROCESS WAS CONDUCTED PRIOR TO FILING THE FORM 990 WITH THE IRS.
IRS990ScheduleO/GeneralExplanation/Explanation5ANNUALLY, BOARD MEMBERS COMPLETE A FULL DISCLOSURE WHICH INCLUDES THE MEMBER, SPOUSE, AND CLOSE RELATIVES TO IDENTIFY POTENTIAL CONFLICTS OF INTEREST. CONFLICTS OF INTEREST ARE REVIEWED AND DETERMINED BY REMAINING BOARD MEMBERS NOT IN CONFLICT. INDIVIDUALS WITH POTENTIAL OR ACTUAL CONFLICTS OF INTEREST DO NOT VOTE ON THAT MATTER. ALL PROCEEDINGS RELATED TO CONFLICTS OF INTEREST ARE DOCUMENTED IN THE MEETING MINUTES.
IRS990ScheduleO/GeneralExplanation/Explanation6WHEN DETERMINING THE COMPENSATION OF THE SCHOOL DIRECTOR AND ALL OTHER EMPLOYEES, THE SCHOOL'S BOARD OF DIRECTORS REVIEWS THE COMPENSATION LEVELS OF COMPARABLE POSITIONS WITHIN THE COMMUNITY AS WELL AS REVIEWING EXPERIENCE LEVEL AND SCHOOL SIZE FOR THE SCHOOL DIRECTOR. THIS PROCESS WAS MOST RECENTLY UNDERTAKEN IN 20XX FOR THE SCHOOL DIRECTOR, S. WILLIAMS.
IRS990ScheduleO/GeneralExplanation/Explanation7THE SCHOOL MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/GeneralExplanation/Explanation8THE SCHOOL FOLLOWS A MODIFIED ACCRUAL METHOD OF ACCOUNTING AS PRESCRIBED BY THE MINNESOTA DEPARTMENT OF EDUCATION. THE SCHOOL-WIDE FINANCIAL STATEMENTS ARE REPORTED USING THE ECONOMIC RESOURCES MEASUREMENT FOCUS AND THE ACCRUAL BASIS OF ACCOUNTING. GRANTS AND SIMILAR ITEMS ARE RECOGNIZED WHEN ALL ELIGIBILITY REQUIREMENTS IMPOSED BY THE PROVIDER HAVE BEEN MET.
IRS990ScheduleO/GeneralExplanation/Explanation9THE FOLLOWING PEOPLE WORKED FOR THE REPORTING ORGANIZATION AND THE RELATED ORGANIZATION AS FOLLOWS: CANDACE DUNBAR: - EXCELL ACADEMY FOR HIGHER LEARNING, INC. - 42.5 HOURS/WEEK - FRIENDS OF EXCELL ACADEMY - 2 HOURS/WEEK AARON HJERMSTAD: - EXCELL ACADEMY FOR HIGHER LEARNING, INC. - 42.5 HOURS/WEEK - FRIENDS OF EXCELL ACADEMY - 2 HOURS/WEEK
IRS990ScheduleO/GeneralExplanation/Identifier0FORM 990, PART VI, SECTION A, LINE 2
IRS990ScheduleO/GeneralExplanation/Identifier1FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/GeneralExplanation/Identifier2FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/GeneralExplanation/Identifier3FORM 990, PART VI, SECTION A, LINE 7B
IRS990ScheduleO/GeneralExplanation/Identifier4FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/GeneralExplanation/Identifier5EXPLANATION FOR METHOD OF ACCOUNTING
IRS990ScheduleO/GeneralExplanation/Identifier6ALLOCATION OF HOURS BETWEEN RELATED ORGANIZATIONS
IRS990ScheduleO/GeneralExplanation/ReturnReference0FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/GeneralExplanation/ReturnReference1FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/GeneralExplanation/ReturnReference2FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/GeneralExplanation/ReturnReference3FORM 990, PART XII, LINE 1
IRS990ScheduleO/GeneralExplanation/ReturnReference4FORM 990, PART VII, SECTION A
IRS990/ScheduleORequired01
IRS990ScheduleR/ExchangeOfAssets00
IRS990ScheduleR/Form990ScheduleRPartII/AddressUS/AddressLine106510 ZANE AVENUE NORTH
IRS990ScheduleR/Form990ScheduleRPartII/AddressUS/City0BROOKLYN PARK
IRS990ScheduleR/Form990ScheduleRPartII/AddressUS/State0MN
IRS990ScheduleR/Form990ScheduleRPartII/AddressUS/ZIPCode055429
IRS990ScheduleR/Form990ScheduleRPartII/ControlledOrg01
IRS990ScheduleR/Form990ScheduleRPartII/DirectControllingEntityName/BusinessNameLine10EXCELL ACADEMY FOR HIGHER LEARNING INC
IRS990ScheduleR/Form990ScheduleRPartII/EIN0113822685
IRS990ScheduleR/Form990ScheduleRPartII/ExemptCodeSection0501(C)(3)
IRS990ScheduleR/Form990ScheduleRPartII/LegalDomicileState0MN
IRS990ScheduleR/Form990ScheduleRPartII/NameOfDisregardedEntity/BusinessNameLine10FRIENDS OF EXCELL ACADEMY
IRS990ScheduleR/Form990ScheduleRPartII/PrimaryActivities0TO CONSTRUCT AND MAINTAIN FACILITIES FOR ACADEMY USE
IRS990ScheduleR/Form990ScheduleRPartII/PublicCharityStatus0LINE 11A, I
IRS990ScheduleR/GiftGrantOrCapContrFrOtherOrg00
IRS990ScheduleR/GiftGrantOrCapContrToOtherOrg00
IRS990ScheduleR/LoansOrGuaranteesFromOtherOrg00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrg01

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$4.52$8.06$3.54$10.5$11.6$1.10
2023Detailed filing. Detailed filing data is available for this year.$4.43$6.64$2.21$10.0$10.1$0.09
2022Detailed filing. Detailed filing data is available for this year.$3.93$6.58$2.65$8.76$8.90$0.15
2021Detailed filing. Detailed filing data is available for this year.$4.22$6.92$2.70$7.72$7.35$0.37
2020Detailed filing. Detailed filing data is available for this year.$4.58$7.27$2.68$7.76$7.96$0.19
2019Detailed filing. Detailed filing data is available for this year.$5.60$7.70$2.10$7.14$7.26$0.12
2018Detailed filing. Detailed filing data is available for this year.$6.60$9.35$2.75$7.00$7.92$0.93
2017Detailed filing. Detailed filing data is available for this year.$7.96$9.79$1.82$6.64$7.77$1.13
2016Detailed filing. Detailed filing data is available for this year.$2.53$3.50$0.96$6.04$6.10$0.05
2015Detailed filing. Detailed filing data is available for this year.$2.07$2.97$0.90$5.25$5.29$0.04
2014Detailed filing. Detailed filing data is available for this year.$1.74$0.46$1.28$4.98$4.91$0.07
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.78$0.57$1.20$5.25
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.08$1.10$0.98$5.80
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.28$0.96$1.32$5.62