EAST BOSTON, MA
4 risk indicators measuring financial stability and operational resilience
Sign in with your work email to view Tuckman-Chang indicators
Sign In — Free (10 views/day)FRIENDS OF EXCEL ACADEMY CHARTER SCHOOLS INC, founded in 2004, is a community nonprofit in the Education sector that reported $8.1M in total revenue in fiscal year 2023. Revenue fell 43% from the prior year — a significant decline worth monitoring. Net assets of $21.2M represent 31 months of operating reserves.
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.
TO RAISE FUNDS AND SUPPORT THE FUNCTIONS OF EXCEL ACADEMY CHARTER SCHOOL AND EXCEL ACADEMY RHODE ISLAND.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
Sign in to view Trantor Score and financial metrics
Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $8,130,290 | $14,334,849 | -0.4% |
| Expenses | $8,135,886 | $8,898,874 | -0.1% |
| Net Income | $-5,596 | $5,435,975 | -1.0% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
Sign in to view all financial metrics
Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| SETH REYNOLDS | PRESIDENT | 0.80 |
Officer
Director
|
$0 | $0 | $0 |
| MEGAN PREINER | TREASURER | 0.80 |
Officer
Director
|
$0 | $0 | $0 |
| DONALD CASS | CLERK | 0.80 |
Officer
Director
|
$0 | $0 | $0 |
| SHIRLEY VERONICA CARDONA | MEMBER | 0.80 |
Director
|
$0 | $0 | $0 |
| CHRISTOPHER SATTI | MEMBER | 0.80 |
Director
|
$0 | $0 | $0 |
| TIMONTHY WELLER | MEMBER | 0.80 |
Director
|
$0 | $0 | $0 |
| OWEN STEARNS | CHIEF EXECUTIVE OFFICER | 40.00 |
Officer
|
$263,486 | $23,409 | $286,895 |
| NINA KEOUGH | CHIEF SCHOOL OFFICER | 40.00 |
Officer
|
$220,842 | $23,493 | $244,335 |
| ANDREW SOLOMON | CHIEF FINANCIAL OFFICER | 40.00 |
Officer
|
$201,015 | $8,108 | $209,123 |
| STEPHANIE PATTON | DEPUTY CHIEF SCHOOLS OFFICER | 40.00 |
Key Emp
|
$175,847 | $187 | $176,034 |
| SARAH B KANTROWITZ | MANAGING DIRECTOR: STUDENT SUPPORT | 40.00 |
Highest
|
$155,160 | $23,493 | $178,653 |
| STEVIE ROBERTS | MANAGING DIRECTOR: OPERATIONS | 40.00 |
Highest
|
$139,835 | $420 | $140,255 |
| AARON STELSON | SENIOR DIRECTOR: FINANCE | 40.00 |
Highest
|
$131,969 | $485 | $132,454 |
| TSVETELINA TSANKOVA | DIRECTOR OF ACCOUNTING | 40.00 |
Highest
|
$121,376 | $11,958 | $133,334 |
| KATHRYN MEGRIAN | MANAGING DIRECTOR OF ACADEMICS | 40.00 |
Highest
|
$102,672 | $12,577 | $115,249 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | No data | No data | No data | No data |
| 2024 | $8,130,290 | $8,135,886 | $48,903,477 | $-5,596 |
| 2023 | $14,334,849 | $8,898,874 | $49,738,891 | $5,435,975 |
| 2022 | $7,984,303 | $4,300,996 | $82,712,473 | $3,683,307 |
| 2021 | $4,642,769 | $3,620,592 | $81,174,432 | $1,022,177 |
| 2020 | $1,698,014 | $1,632,724 | $45,775,555 | $65,290 |
| 2019 | $4,298,743 | $908,142 | $17,625,052 | $3,390,601 |
| 2018 | $1,874,231 | $1,841,584 | $12,200,812 | $32,647 |
Compare FRIENDS OF EXCEL ACADEMY CHARTER SCHOOLS INC with other nonprofits in Massachusetts and across the country.