Excel 2 Excellence Foundation Inc
- Assets
- $10.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 4
- Location
- Glen Allen, VA
- Founding
- 10/2014
- Data as of
- 06/2022
- EIN
- 80-0564819
Organization Overview
Excel 2 Excellence Foundation Inc is located in Glen Allen, VA. The organization was established in 2014. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 06/2022, Excel 2 Excellence Foundation Inc employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Excel 2 Excellence Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2022, Excel 2 Excellence Foundation Inc generated $67.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (25.9%) each year. All expenses for the organization totaled $80.7k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (23.5%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
UNITE PROFESSIONAL ATHLETES AND CONCERNED CITIZENS TO CHANGE LIVES.
Describe the Organization's Program Activity:
Part 3
UNITE PROFESSIONAL ATHLETES AND CONCERNED CITIZENS TO CHANGE LIVES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Burton Michael Robinson IV President/executive Director | 30 | $0 | |
Andre Thornton Board Chair | 1 | $0 | |
Dawn Siegel Vice Chair | 1 | $0 | |
Mark Cross Director | 1 | $0 | |
Don King Director | 1 | $0 | |
Terry Minor Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $67,527 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $67,527 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $28,661 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $21,547 |
| Printing, publications, postage, and shipping | $588 |
| Other expenses | $29,946 |
| Total expenses | $80,742 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $10,773 |
| Other assets | $0 |
| Total assets | $10,773 |
| Total liabilities | $6,083 |
| Net assets or fund balances | $4,690 |