EXCEL CHARTIABLE FOUNDATION

EIN: 900197321 501(c)(3) Human Services

Chicago, IL

Total Revenue
$58,936
Total Expenses
$101,749
Total Assets
$534,006
Net Assets
$530,623
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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
1992
Legal Domicile
IL
Principal Officer
Anthony Richard
Phone
3127580366
Tax Period
2023-01-01 to 2023-12-31

XI LAMBDA CHAPTER OF A PHI A INC, founded in 1992, is a micro nonprofit in the Human Services sector that reported $56K in total revenue in fiscal year 2019. Revenue fell 31% from the prior year — a significant decline worth monitoring. Expenses of $82K exceeded revenue, resulting in a 47% operating deficit.

Mission

The mission of Excel Charitable Foundation is to develop and execute programs that promote development for the youth in the areas of academics, Health, social engagement and civic awareness. Leveraging the resources of our partnerships, we will offer these and other programs to enrich the lives, encourage growth and promote the empowerment of all citizens in our service area.

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $79,435
Program Service Revenue $0
Investment Income $970
Other Revenue $-21,469
TOTAL REVENUE $58,936

Expense Breakdown

Grants Paid $14,627
Salaries & Benefits $0
Fundraising Expenses $13,602
Program Expenses $15,876
Other Expenses $87,122
TOTAL EXPENSES $101,749

Year-over-Year Comparison

2023 2022 Change
Revenue $58,936 $116,346 -0.5%
Expenses $101,749 N/A N/A
Net Income $-42,813 $116,346 -1.4%
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

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Governance

Voting Members
11
Independent Members
11
Employees
N/A
Volunteers
50

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
3
$0
Total Directors
6
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Anthony Richard President 25.00
Officer
$0 $0 $0
Gregory Gilmore Treasurer 15.00
Officer
$0 $0 $0
Jordan McMillan Secretary 5.00
Officer
$0 $0 $0
Vance Bonner Board Member 20.00
Director
$0 $0 $0
Bernard Scavella Board Member 10.00
Director
$0 $0 $0
Charles Harper Board Member 5.00
$0 $0 $0
Andre Smith Board Member 7.00
$0 $0 $0
Steven Wolfe Board Member 5.00
Director
$0 $0 $0
John Lane Board Member 5.00
Director
$0 $0 $0
Theodore Jojnson Board Member 5.00
Director
$0 $0 $0
Maceco Thompson Board Member 7.00
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
2023 $58,936 $101,749 $534,006 $-42,813
2022 $116,346 No data No data No data
2022 $90,482 $82,607 $575,983 $7,875
2021 $97,811 $58,605 $568,184 $39,206
2020 $23,350 $68,290 $528,630 $-44,940
2019 $55,702 $81,979 $573,003 $-26,277
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