Civic Intelligence

Xceleader

990EZ • Fiscal year 2023 • EIN 85-2923799

Jan 01, 2023 to Dec 31, 2023 • Filed on Sep 24, 2025

Organization ProfileN/A
510 East Freeman St 512Decatur, GA 30030

(217) 597-3834

Siviq Scores

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

Liabilities / Assets

70th percentile

0.02x

Higher debt load relative to assets than 70% of similar nonprofits.

2023 filings • NTEE R • <$500k nonprofits • Source year 2023

Liabilities / Revenue

92nd percentile

0.53x

Higher debt load relative to revenue than 92% of similar nonprofits.

2023 filings • NTEE R • <$500k nonprofits • Source year 2023

Net Margin

4th percentile

-283%

Higher net margin than 4% of similar nonprofits.

2023 filings • NTEE R • <$500k nonprofits • Source year 2023

Top Officer Pay

73rd percentile

$0

Higher top officer pay than 73% of similar nonprofits.

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

2023 filings • NTEE R • <$500k nonprofits • Source year 2023

Asset Growth

30th percentile

-19%

Faster asset growth than 30% of similar nonprofits.

2023 filings • NTEE R • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

6th percentile

-97%

Faster revenue growth than 6% of similar nonprofits.

2023 filings • NTEE R • <$500k nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets70th percentile

Assets

Down

$401,441

Down $96,328 (-19%) from 2022

Net Assets

Down

$393,718

Down $103,382 (-21%) from 2022

Liabilities

Up

$7,723

Up $7,054 (+1054%) from 2022

Revenue And Expenses
Liabilities / Revenue92nd percentileNet Margin4th percentile

Revenue

Down

$14,579

Down $529,599 (-97%) from 2022

Expenses

Up

$55,825

Up $19,081 (+52%) from 2022

Net Income

Down

-$41,246

Down $548,680 (-108%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth30th percentile

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

$600K$400K$200K$0-$200KAssets 2022: $497,769Liabilities 2022: $669Net Assets 2022: $497,1002022Assets 2023: $401,441Liabilities 2023: $7,723Net Assets 2023: $393,7182023Assets 2024: $309,421Liabilities 2024: -$2,384Net Assets 2024: $311,8052024

Highlighted filing

2023

Assets$401,441
Liabilities$7,723
Net Assets$393,718
Open 2023 Filing

Operations Trend

Revenue Growth6th percentile

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

$600K$400K$200K$0-$200KRevenue 2022: $544,178Expenses 2022: $36,744Net Income 2022: $507,4342022Revenue 2023: $14,579Expenses 2023: $55,825Net Income 2023: -$41,2462023Revenue 2024: $338,481Expenses 2024: $171,710Net Income 2024: $166,7712024

Highlighted filing

2023

Revenue$14,579
Expenses$55,825
Net Income-$41,246
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Sep 24, 2025
Return Version
2023v6.0
Gross Receipts
$14,579
Mission and Program Overview

Mission

Xceleader empowers students and alumni to discover the value of purposeful leadership and community impact.

Program Services

DescriptionGrantsExpenses
Xceleader's School of Hustle (SOH) Program is a transformative initiative to empower a vibrant community of emerging entrepreneurs at Historically Black Colleges and Universitates (HBCUs). SOH strategically addresses the $1.6 trillion revenue disparity between Black-owned and non-Black-owned businesses by offering targeted resources, essential funding opportunities, and practical strategies to successfully start and scale businesses. Through robust mentorship, hands-on workshops, and connections to seasoned entrepreneurs, students receive the foundational tools and guidance necessary to overcome barriers, foster economic mobility, and build sustainable, impactful enterprises.--
XceleaderHer equips Black women at HBCUs with the mentorship, career training, and funding needed to rise in leadership. Since 2020, the program has trained over 450 leaders across 40+ HBCUs. Signature initiatives like the HBCU Women's Leadership Summit and the XceleaderHER impact fund provide hands-on development and financial support to increase Black women's representation in positions of power and influence.--
VoteHBCU is a national nonpartisan initiative empowering students at Historically Black Colleges and Universities (HBCUs) to own their voice, understand their power, and engage in civic participation year-round. Through campus activations, voter registration, and open discussion panels, VoteHBCU bridges the gap between education and action, ensuring the Black youth are registered to vote and informed, mobilized, and inspired to shape teh future of their communities and the nation.--
Compensation and Service Providers
Top Officer Pay73rd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
AARIAN FORMANDirector-$0--
JADE AGUDOSIDirector-$0--
TEVON BLAIRDirector-$0--
Filing and Contact Details

Filer

Filer Name
Xceleader
EIN
85-2923799
Phone
2175973834
Address
510 EAST FREEMAN ST 512, Decatur, GA 30030

Signing Officer

Name
Aarian Forman
Title
Director
Signed
2025-09-24
Discuss with paid preparer
Yes

Preparer

Firm
Mason A Posey
Address
5217 South Dorchester Avenue, Chicago, IL 60615
Preparer
Mason Posey
Phone
7082889269
Supplemental Narrative

Additional Explanations

Other Expenses.1001

“Advertising and Promotion $5704”

Other Expenses.1002

“Office Expenses $17233”

Other Expenses.1005

“Travel $30299”

Other Assets.1005

“Accounts Receivable - Beginning $1000 Accounts Receivable - Ending $0”

Other Assets.1

“Payroll refunds - Beginning $168 Payroll refunds - Ending $168”

Other Assets.2

“Uncategorized Asset - Beginning $100 Uncategorized Asset - Ending $100”

Other Assets.3

“OTHER - Beginning $0 OTHER - Ending $943”

Total Liabilities.1001

“Accounts Payable and Accrued Expenses - Beginning $0 Accounts Payable and Accrued Expenses - Ending $7617”

Total Liabilities.1

“- Beginning $668 - Ending $106”

Raw XML Appendix150 raw XML fields

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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IRS990EZ/OtherChangesInNetAssetsAmt0-62136
IRS990EZ/OtherExpensesTotalAmt053236
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IRS990EZ/PrimaryExemptPurposeTxt0Xceleader empowers students and alumni to discover the value of purposeful leadership and community impact.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0Xceleader's School of Hustle (SOH) Program is a transformative initiative to empower a vibrant community of emerging entrepreneurs at Historically Black Colleges and Universitates (HBCUs). SOH strategically addresses the $1.6 trillion revenue disparity between Black-owned and non-Black-owned businesses by offering targeted resources, essential funding opportunities, and practical strategies to successfully start and scale businesses. Through robust mentorship, hands-on workshops, and connections to seasoned entrepreneurs, students receive the foundational tools and guidance necessary to overcome barriers, foster economic mobility, and build sustainable, impactful enterprises.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1XceleaderHer equips Black women at HBCUs with the mentorship, career training, and funding needed to rise in leadership. Since 2020, the program has trained over 450 leaders across 40+ HBCUs. Signature initiatives like the HBCU Women's Leadership Summit and the XceleaderHER impact fund provide hands-on development and financial support to increase Black women's representation in positions of power and influence.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt2VoteHBCU is a national nonpartisan initiative empowering students at Historically Black Colleges and Universities (HBCUs) to own their voice, understand their power, and engage in civic participation year-round. Through campus activations, voter registration, and open discussion panels, VoteHBCU bridges the gap between education and action, ensuring the Black youth are registered to vote and informed, mobilized, and inspired to shape teh future of their communities and the nation.
IRS990EZ/ProhibitedTaxShelterTransInd0false
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IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt0668
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt07723
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
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IRS990EZ/TotalExpensesAmt055825
IRS990EZ/TotalRevenueAmt014579
IRS990EZ/TransactionWithControlEntInd0false
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IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
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IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt014579
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IRS990ScheduleA/Total509Grp/TotalAmt0558757
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt014579
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0544178
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0558757
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Advertising and Promotion $5704
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Office Expenses $17233
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Travel $30299
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Accounts Receivable - Beginning $1000 Accounts Receivable - Ending $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Payroll refunds - Beginning $168 Payroll refunds - Ending $168
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6OTHER - Beginning $0 OTHER - Ending $943
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Accounts Payable and Accrued Expenses - Beginning $0 Accounts Payable and Accrued Expenses - Ending $7617
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8- Beginning $668 - Ending $106
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Other Assets.1005
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Other Assets.1
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ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0AARIAN FORMAN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Director
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-09-24
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Xceleader
ReturnHeader/Filer/BusinessNameControlTxt0XCEL
ReturnHeader/Filer/EIN0852923799
ReturnHeader/Filer/PhoneNum02175973834
ReturnHeader/Filer/USAddress/AddressLine1Txt0510 EAST FREEMAN ST 512
ReturnHeader/Filer/USAddress/CityNm0Decatur
ReturnHeader/Filer/USAddress/StateAbbreviationCd0GA
ReturnHeader/Filer/USAddress/ZIPCd030030
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Mason A Posey
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt05217 South Dorchester Avenue
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Chicago
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd060615
ReturnHeader/PreparerPersonGrp/PhoneNum07082889269
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Mason Posey
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02025-09-24T15:35:47-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2023 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$401,441
Liabilities
$7,723
Net assets
$393,718
Revenue
$14,579
Expenses
$55,825
Net income
-$41,246
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$3.09$0.02$3.12$3.38$1.72$1.67
2023Detailed filing. Detailed filing data is available for this year.$4.01$0.08$3.94$0.15$0.56$0.41
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.98$0.01$4.97$5.44$0.37$5.07