EXCELLENCE ACADEMIES FOUNDATION INC (EIN 010790110) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2003

Legal Domicile

Principal Officer

JOHN POWELL

Phone

6467742150

Tax Period

2022-07-01 to 2023-06-30

EXCELLENCE ACADEMIES FOUNDATION INC, founded in 2003, is a small nonprofit in the Education sector that reported $171K in total revenue in fiscal year 2022. Revenue surged 1310% from the prior year, signaling strong growth momentum. Expenses of $1.0M exceeded revenue, resulting in a 488% operating deficit.

Mission

EXCELLENCE ACADEMIES FOUNDATION, INC. WAS FORMED IN NOVEMBER 2008 TO SUPPORT EXCELLENCE CHARTER SCHOOL OF BEDFORD STUYVESANT IN BROOKLYN, NEW YORK (EXCELLENCE), BOTH OPERATIONALLY AND IN CONNECTION WITH THE ACQUISITION AND DEVELOPMENT OF A SCHOOL FACILITY FOR USE BY EXCELLENCE.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $170,893

Investment Income $0

Other Revenue $0

TOTAL REVENUE $170,893

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $1,004,359

Other Expenses $1,004,359

TOTAL EXPENSES $1,004,359

Year-over-Year Comparison

	2022	2021	Change
Revenue	$170,893	$12,121	+13.1%
Expenses	$1,004,359	$1,013,670	0.0%
Net Income	$-833,466	$-1,001,549	-0.2%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

Governance Policies

✓ Conflict of Interest Policy

✓ Whistleblower Policy

✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$542,362

Total Directors

$542,362

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BRETT PEISER	DIRECTOR/CEO	1.00	Officer Director	$0	$44,709	$542,362
NORMAN ATKINS	DIRECTOR	1.00	Director	$0	$0	$0
ROBERT MARCUS	DIRECTOR	1.00	Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2025	No data	No data	No data	No data
2024	No data	No data	No data	No data
2023	$170,893	$1,004,359	$37,981,309	$-833,466
2022	$12,121	$1,013,670	$39,002,035	$-1,001,549
2021	$277,680	$1,090,219	$40,215,313	$-812,539
2020	No data	$1,019,914	$40,169,977	No data
2019	No data	$972,643	$45,951,990	No data
2018	$500,000	$990,419	$48,219,809	$-490,419

EXCELLENCE ACADEMIES FOUNDATION INC