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Friends of Excel Academy INC

Public charity
DBA: % SUSAN M PASSONI
Other · EAST BOSTON, MA · EIN 30-0211613

About

To raise funds and support the functions of and carry out the purposes of excel academy charter school and excel academy rhode island; to engage in activities and perform functions that the schools would otherwise have to perform; to own, lease and maintain the sites at which the schools are located and to otherwise benefit the schools through provision of financial support and services.

In care of Susan M Passoni

Donations are tax-deductible
Category
Other
Employees
32
Volunteers
6

Financial Snapshot

FY ending 2024-06-30
Revenue
$8.1M
Expenses
$8.1M
Assets
$48.9M
Liabilities
$27.7M

Financial history

$14.3M$7.2M$0
161718192021222324
RevenueExpenses
Latest FY2024: $8.1M · Peak FY2023: $14.3M · Avg: $5.8M

501(h) election

This 501(c)(3) has NOT elected 501(h) — lobbying is permitted but limited under the vaguer "no substantial part of activities" test.

Political & Grant Activity

Campaign Spending
Lobbying
$59K
Grants Given
$1.6M
FRIENDS OF EXCEL ACADEMY INC
Your actions

Address

58 Moore ST
EAST Boston, MA, 02128-154

Governance

Voting board members6
Independent members6
Conflict-of-interest policyYes
Whistleblower policyYes
Doc-retention policyYes
Audit committeeYes
990 reviewed by boardYes

Compensation practices

Severance paymentsNo
Equity-based compNo
Supplemental retirement planNo
Used comp surveyYes
Board approved compYes
Initial contract exceptionNo
Public records
ProPublica Nonprofit Explorer
Full 990 PDFs going back to 2001, plus parsed financial extracts. The easiest place to read actual filings.
IRS Tax Exempt Organization Search
IRS-side authoritative source. Confirms current exempt status and pulls the latest determination letter.
These open in a new tab. AllCiv doesn't host filings directly — these are the authoritative public-record sources.