Explore Excel Charter School

The information for Explore Excel Charter School is as of the organization's most recent filing in June '21. This organization is located in Brooklyn, NY. It has been in existence for 9 years, following its founding in 2012.

Organization Classification

The IRS classifies organizations according to the National Taxonomy of Exempt Entities (NTEE) system. The NTEE system helps the IRS assign a 3-character code to each organization to describe the organization's activities.

The Explore Excel Charter School's NTEE code is B29. The "B" tells us that the organization is classified under Education. The "29" tells us that the organization is specifically a Charter School. Charter Schools are schools that operate independently of the traditional public school system but receive public funding and operate under a performance contract, detailing their mission, program, goals, students served, assessment methods, and ways to measure success. The Explore Excel Charter School is governed by section code 3, which includes organizations engaged in Religious, Educational, Charitable, Scientific, Literary, Public Safety, Amateur Sports, or Prevention of Cruelty to Children or Animals work. The mission of the Explore Excel Charter School is to provide excellent curriculum and instruction to students in kindergarten through eighth grade as a pathway to equity and a response to the opportunity gap.

Program Areas

Program Area 1: Within the general education program, the organization provided classroom curriculum to students in kindergarten through eighth grade for the 2020-2021 academic year. They served 2,055 students for a full year of classroom instruction.

Program Area 2: The organization focuses on providing opportunities for special education students through various means such as 12:1:1 classroom settings, integrated co-teaching classrooms in every grade level, special education support services, and counseling.

Organization Staffing

Explore Excel Charter School has 393 employees, with 20 of them being paid over $100k according to the organization's most recent 990 tax filing. Supporting the paid staff are 7 volunteers.

Board Governance

Explore Excel Charter School appears to be well-governed based on the provided information. The organization has a total of 7 voting members, all of whom are independent, indicating a fair and unbiased decision-making process. This ensures that the organization's interests are prioritized over any personal or conflicting interests. Additionally, the absence of potential conflicts of interest further strengthens the credibility of the organization's governance. Furthermore, the organization has delegated management to an outside firm, which can bring in external expertise and ensure efficient operations. The fact that board meetings and committee meetings are documented demonstrates transparency and accountability within the organization. This documentation allows for a clear record of decisions made and actions taken, ensuring that all members are well-informed. Explore Excel Charter School also demonstrates a commitment to ethical practices by having policies in place to address conflicts of interest, whistleblower protection, and document retention. These policies indicate that the organization takes proactive measures to prevent and address any potential misconduct or unethical behavior. The substantiation and review of leadership and officer salaries further demonstrate a commitment to financial transparency and accountability. Lastly, the organization's practice of providing copies of the 990 to the board prior to filing highlights a commitment to open communication and ensuring that all board members have access to important financial information. This practice allows for thorough review and oversight of the organization's financial activities. Overall, Explore Excel Charter School appears to have strong governance practices in place, prioritizing transparency, accountability, and ethical conduct. These practices contribute to the organization's credibility and effectiveness in fulfilling its mission.

Organization Growth

Explore Excel Charter School has experienced significant growth over the given time period. The organization's contributions and grants received increased from $463.4K in 2014 to $8.7M in 2020. Similarly, their program service revenue grew from $6.6M in 2014 to $38.1M in 2020. Investment income also saw an increase from $75 in 2014 to $19.4K in 2020. The total revenue of the organization rose from $7.0M in 2014 to $46.9M in 2020. Additionally, employee salaries increased from $3.8M in 2014 to $30.7M in 2020, and the total number of employees grew from 89 in 2014 to 393 in 2020. These figures indicate that Explore Excel Charter School has experienced substantial growth over the given time period.