2022-09-06T15:03:51-05:00 2021-12-31 SE McMASTER & ASSOCIATES PLLC 1825 K STREET NW STE 705 WASHINGTON DC 20006 990 2021-01-01 200927912 EXCELENCIA IN EDUCATION INC % THE ORGANIZATION EXCE 2027857350 1156 15TH STREET NW STE 1001 WASHINGTON DC 20005 Deborah Santiago CEO 2027857350 2022-08-26 true Deborah Santiago 999009999 S E McMaster CPA P00310424 2022235001 2 2021 2022-09-23 18:48:47Z Deborah Santiago 1156 15TH STREET NW STE 1001 WASHINGTON DC 20005 12336645 false X WWW.EDEXCELENCIA.ORG X 2004 DC EXCELENCIA IN EDUCATION IS A NONPROFIT ORGANIZATION THAT AIMS TO ACCELERATE HIGHER EDUCATION SUCCESS FOR LATINO STUDENTS. 9 8 26 0 2427526 11788683 397281 540817 42678 5542 476 1603 2867961 12336645 20000 20000 0 0 1862496 1765171 0 0 14209 1160409 1375338 3042905 3160509 -174944 9176136 7914642 16958749 579498 447469 7335144 16511280 EXCELENCIA IN EDUCATION IS A NONPROFIT ORGANIZATION WITH A MISSION TO ACCELERATE HIGHER EDUCATION SUCCESS FOR LATINO STUDENTS BY LINKING RESEARCH, POLICY, AND PRACTICE TO SERVE LATINO STUDENTS AND THE INSTITUTIONS AND PROGRAMS WHERE THEY PARTICIPATE. false false 2694838 20000 540817 WITH SPECIAL EMPHASIS ON DECISION MAKERS, DISSEMINATED ACTION-FOCUSED SUMMARIES OF RESEARCH, AND PRACTICES AND STRATEGIES THAT ARE MAKING A DIFFERENCE IN ACHIEVING SUCCESS FOR LATINOS IN HIGHER EDUCATION. 2694838 true true false false false false false false false false true false false false true false true false false false false false false false false false false false false true false false false false false false false false false false false false false false false false false true 26 0 true 26 true false false false false false false false false false false X 9 8 false false false false false false false true true false false true true true true true true true false false X THE ORGANIZATION 2027857350 1156 15TH STREET NW STE 1001 WASHINGTON DC 20005 SARITA E BROWN PRESIDENT 40.0 0.0 X X 206085 0 33418 DEBORAH A SANTIAGO CHIEF EXECUTIVE OFFICER 40.0 0.0 X 181710 0 19097 ADRIANA RODRIGUEZ VICE PRESIDENT FOR PROGRAMS 40.0 0.0 X 108485 0 12315 WILLIAM SERRATA CHAIR 1.0 0.0 X X 0 0 0 JOHN CAVANAUGH director 1.0 0.0 X 0 0 0 ANDREW DOW DIRECTOR 1.0 0.0 X 0 0 0 Juan Muoz DIRECTOR 1.0 0.0 X 0 0 0 MARIA HARPER-MARINICK DIRECTOR 1.0 0.0 X 0 0 0 MARTHA J KANTER DIRECTOR 1.0 0.0 X 0 0 0 ARTURO MADRID secretary/treasurer 1.0 0.0 X X 0 0 0 marie therese dominguez director 1.0 0.0 X 0 0 0 496280 0 64830 3 false true false MATTER FORM 610 W 110 ST 3C NEW YORK NY 10025 CONSULTING 225000 1 11788683 11788683 EVENT REVENUE 79000 79000 CONTRACT FEES 415717 415717 SPEAKING FEES 46100 46100 540817 5542 5542 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 CREDIT CARD REBATES 901 901 SALE OF MERCHANDISE WITH LOGO 702 702 1603 12336645 542420 5542 20000 20000 0 0 0 395270 356120 37746 1404 0 1049833 945851 100254 3728 39056 35187 3730 139 166490 150000 15899 591 114522 103179 10936 407 0 5751 4787 666 298 41200 41200 0 0 0 805907 636833 168095 979 0 19259 14942 4270 47 10591 8189 2186 216 0 198318 163770 31267 3281 33634 23679 9828 127 0 176664 168438 7772 454 0 0 18651 15553 2130 968 5732 4786 649 297 DUES AND SUBSCRIPTIONS 29889 22289 6971 629 PAYROLL AND BANK FEES 12130 5439 6412 279 STAFF DEVELOPMENT AND TRAINING 3226 2457 708 61 HONORARIUM 5601 4654 657 290 8785 8685 86 14 3160509 2694838 451462 14209 737479 578502 4376557 15127557 2746973 1217004 0 0 0 0 0 0 0 0 0 0 31545 32248 219898 216460 22088 3438 0 0 0 0 0 0 0 0 0 0 7914642 16958749 161640 140617 0 0 79006 269079 0 0 0 0 0 0 0 0 279000 0 59852 37773 579498 447469 X 3082006 13879895 4253138 2631385 7335144 16511280 7914642 16958749 9176136 X false true X true false X 3488526 4513191 3271982 2427526 11798683 25499908 0 0 3488526 4513191 3271982 2427526 11798683 25499908 8048403 17451505 4317 6605 32994 42678 5542 92136 0 54331 4069 473 1603 60476 25652520 1560051 0.68030 0.44882 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 39192 35754 3438 180706 180706 0 3438 0 DEFERRED RENT ABATEMENT 37773 37773 12320720 -15925 -15925 12336645 12336645 3144584 -15925 -15925 3160509 3160509 PARTX, LINE 2: FOR THE YEARS ENDED DECEMBER 31, 2021 and 2020, EXCELENCIA HAS DOCUMENTENTED ITS CONSIDERATION OF FASB ACS 740-10, INCOME TAXES, THAT PROVIDES GUIDANCE FOR REPORTING UNCERTAINTY IN INCOME TAXES AND HAS DETERMINED THAT NO MATERIAL UNCERTAIN TAX POSITIONS QUALIFY FOR EITHER RECOGINITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. Revenue Recognition Special event revenue in the audited financial statements, was reduced by direct benefit expenses that donors received. Accordingly, revenue and expenses were reduced by $15,925, the value of the benefit received. X X false false false false false false false false false SARITA E BROWN PRESIDENT 206085 6183 27235 239503 DEBORAH A SANTIAGO CHIEF EXECUTIVE OFFICER 181710 5451 13646 200807 MEETING MINUTES THE BOARD OF DIRECTORS DOCUMENT THE MINUTES OF EACH MEETING. MEETING MINUTES ARE REVIEWED AND APPROVED AT THE NEXT BOARD OF DIRECTORS MEETING. 990 REVIEW PROCESS A COPY OF THE DRAFT FORM 990 WAS CIRCULATED TO THE FINANCE COMMITTEE FOR REVIEW. THE FINANCE COMMITTEE ACCEPTS THE DRAFT 990 AND PRESENTS TO THE BOARD OF DIRECTORS FOR APPROVAL. CONFLICT OF INTEREST ON AN ANNUAL BASIS, EACH DIRECTOR REVIEWS THE CONFLICT OF INTEREST POLICY AND COMPLETES AND SIGNS A CONFLICT OF INTEREST DISCLOSURE FORM, IN WHICH HE/SHE IDENTIFIES POTENTIAL CONFLICTS OF INTEREST OR STATES THAT THERE ARE NONE. IF THERE IS A POTENTIAL CONFLICT OF INTEREST, THE BOARD MEMBER RECUSES HIMSELF/HERSELF FROM DISCUSSIONS AND VOTES ON THAT MATTER. EXECUTIVE COMPENSATION THE BOARD OF DIRECTORS DETERMINES THE PRESIDENT'S COMPENSATION BASED ON THEIR KNOWLEDGE OF SALARIES IN THE NONPROFIT AND HIGHER EDUCATION ARENAS. THE PRESIDENT SETS STAFF SALARIES WITHIN THE BUDGET APPROVED BY THE BOARD OF DIRECTORS. PUBLIC DISCLOSURE THE ORGANIZATIONS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990 PART IX LINE 11G DESCRIPTION:WEBSITE TOTAL FEES:18510 FORM 990 PART IX LINE 11G DESCRIPTION:COMMUNICATIONS/DISSEMINATION TOTAL FEES:171733 FORM 990 PART IX LINE 11G DESCRIPTION:DESIGN & EDIT TOTAL FEES:33833 FORM 990 PART IX LINE 11G DESCRIPTION:RESEARCH TOTAL FEES:36380 FORM 990 PART IX LINE 11G DESCRIPTION:MEDIA TOTAL FEES:18070 FORM 990 PART IX LINE 11G DESCRIPTION:TECHNICAL ASSISTANCE TOTAL FEES:463381 FORM 990 PART IX LINE 11G DESCRIPTION:HIRING FEE TOTAL FEES:64000