Civic Intelligence

Excell Academy for Higher Learning Inc.

990 • Fiscal year 2012 • EIN 41-1968867

Jul 01, 2011 to Jun 30, 2012 • Filed on Mar 26, 2013

6510 Zane Avenue North No 10755429
Siviq Scores

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

Liabilities / Assets

74th percentile

0.53x

Higher debt load relative to assets than 74% of similar nonprofits.

2012 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2012

Liabilities / Revenue

Score unavailable

No value available

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

Source year 2012

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2012

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2012

Asset Growth

12th percentile

-8.7%

Faster asset growth than 12% of similar nonprofits.

2012 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2011 to 2012

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Assets

Down

$2,084,751

Down $198,590 (-8.7%) from 2011

Net Assets

Down

$981,267

Down $341,378 (-26%) from 2011

Liabilities

Up

$1,103,484

Up $142,788 (+15%) from 2011

Revenue

-

No earlier filing loaded for comparison.

Expenses

Up

$5,803,929

Up $182,133 (+3.2%) from 2011

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

2012

Assets$2,084,751
Liabilities$1,103,484
Net Assets$981,267

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

2012

Revenue-
Expenses$5,803,929
Net Income-
Jump To
Filing Snapshot
Filing Period
Jul 1, 2011 to Jun 30, 2012
Signed
Mar 26, 2013
Return Version
2011v1.5
Gross Receipts
$5,462,584
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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IRS990ScheduleE/Form990ScheduleEPartII/ReturnReference0SCHEDULE E, PART I, LINE 3
IRS990ScheduleE/Form990ScheduleEPartII/ReturnReference1SCHEDULE E, PART I, LINE 6
IRS990ScheduleE/GovernmentFinancialAidReceived01
IRS990ScheduleE/GovernmentFinancialAidRevoked00
IRS990ScheduleE/MaintCopiesOfAllSolicitations01
IRS990ScheduleE/MaintCopiesOfBrochuresEtc01
IRS990ScheduleE/MaintRacialCompositionRecords01
IRS990ScheduleE/MaintScholarshipsRecords01
IRS990ScheduleE/NondiscriminatoryPolicyStmt01
IRS990ScheduleE/PolicyPublViaBroadcastMedia01
IRS990ScheduleE/PolicyStatementInBrochuresEtc01
IRS990ScheduleI/Form990ScheduleIPartIV/Explanation0SCHEDULE I, PART I, LINE 2: THE SCHOOL MADE A TRANSFER TO A RELATED, CONTROLLED ENTITY. NO FORMAL MONITORING IS REQUIRED.
IRS990ScheduleI/Form990ScheduleIPartIV/Identifier0PROCEDURE FOR MONITORING GRANTS IN THE U.S.:
IRS990ScheduleI/Form990ScheduleIPartIV/ReturnReference0PART I, LINE 2:
IRS990ScheduleI/RecipientTable/AddressUS/AddressLine106510 ZANE AVENUE NORTH SUITE 107
IRS990ScheduleI/RecipientTable/AddressUS/City0BROOKLYN PARK
IRS990ScheduleI/RecipientTable/AddressUS/State0MN
IRS990ScheduleI/RecipientTable/AddressUS/ZIPCode055429
IRS990ScheduleI/RecipientTable/AmountOfCashGrant0431728
IRS990ScheduleI/RecipientTable/AmountOfNonCashAssistance00
IRS990ScheduleI/RecipientTable/DescriptionOfNonCashAssistance0N/A
IRS990ScheduleI/RecipientTable/EINOfRecipient0113822685
IRS990ScheduleI/RecipientTable/IRCSection0501(C)(3)
IRS990ScheduleI/RecipientTable/MethodOfValuation0N/A
IRS990ScheduleI/RecipientTable/PurposeOfGrant0N/A
IRS990ScheduleI/RecipientTable/RecipientNameBusiness/BusinessNameLine10FRIENDS OF EXCELL ACADEMY
IRS990ScheduleI/RecordsMaintained01
IRS990ScheduleI/TotalNbrOf501C3AndGovtGrants01
IRS990ScheduleI/TotalNbrOfOtherOrganizations00
IRS990/ScheduleJRequired00
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.

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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