2017-05-11T11:30:31-05:00 2016-06-30 042571780 ALEXANDER ARONSON FINNING & CO PC 21 EAST MAIN STREET WESTBOROUGH MA 01581 990 2015-07-01 300211613 FRIENDS OF EXCEL ACADEMY CHARTER SCHOOLS INC FRIE 6175611371 58 MOORE STREET EAST BOSTON MA 02128 SETH REYNOLDS PRESIDENT 6175611371 2017-05-11 1 JOHN BUCKLEY CPA P00830631 5083669100 2017-05-10 2015 2021-01-29 14:40:06Z SETH REYNOLDS 58 MOORE STREET EAST BOSTON MA 02128 2095375 0 X N/A X 2004 MA TO RAISE FUNDS AND SUPPORT THE FUNCTIONS OF AND CARRY OUT THE PURPOSES OF EXCEL ACADEMY CHARTER SCHOOL TO ENGAGE IN ACTIVITIES AND PERFORM FUNCTIONS THAT THE SCHOOL WOULD OTHERWISE HAVE TO PERFORM; TO OWN, LEASE AND MAINTAIN THE SITES AT WHICH THE SCHOOLS IS LOCATED; AND TO OTHERWISE BENEFIT THE SCHOOL THROUGH PROVISION OF FINANCIAL SUPPORT AND SERVICES. 6 6 0 6 0 0 6148053 1742479 0 0 332997 331896 -64628 -99596 6416422 1974779 4440259 1389658 0 0 0 0 0 0 268 457364 455288 4897623 1844946 1518799 129833 11903084 11810982 4846483 5085548 7056601 6725434 X TO RAISE FUNDS AND SUPPORT THE FUNCTIONS OF AND CARRY OUT THE PURPOSES OF EXCEL ACADEMY CHARTER SCHOOL TO ENGAGE IN ACTIVITIES AND PERFORM FUNCTIONS THAT THE SCHOOL WOULD OTHERWISE HAVE TO PERFORM; TO OWN, LEASE AND MAINTAIN THE SITES AT WHICH THE SCHOOL IS LOCATED; AND TO OTHERWISE BENEFIT THE SCHOOL THROUGH PROVISION OF FINANCIAL SUPPORT AND SERVICES. 0 0 1615768 1389658 TO RAISE FUNDS AND SUPPORT THE FUNCTIONS OF EXCEL ACADEMY CHARTER SCHOOL 1615768 1 1 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 1 0 0 0 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 1 1 0 0 0 0 X 6 6 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 MA X ANDREW M SOLOMON 6178744096 58 MOORE STREET EAST BOSTON MA 02128 X DOUGLAS CHOPE MEMBER 0.80 1.00 X 0 0 0 KATHRYN BUEKER TREASURER (BEFORE 12/20/16) 0.80 1.80 X X 0 0 0 TUCKER LEVY CLERK (BEFORE 12/20/16) + MEMBER (NOW) 0.80 0.00 X X 0 0 0 MARY ELISABETH SWERZ PRESIDENT (BEFORE 12/20/16) + CLERK (NOW) 0.80 1.80 X X 0 0 0 MEGAN PREINER MEMBER (BEFORE 12/20/16) + TREASURER (NOW) 0.80 1.80 X X 0 0 0 SETH REYNOLDS MEMBER (BEFORE 12/20/16) + PRESIDENT (NOW) 0.80 1.80 X X 0 0 0 PETER FISHER MEMBER (AS OF 12/20/16) 0.80 0.00 X 0 0 0 0 0 0 0 0 0 0 EXCEL ACADEMY CHARTER SCHOOL 58 MOORE ST EAST BOSTON MA 02128 MANAGEMENT FEES 202845 1 140361 1602118 1742479 331896 331896 21000 140361 120596 -99596 -99596 1974779 0 0 232300 X 1386958 1386958 2700 2700 5208 5208 208449 208449 150 150 226110 226110 BANK CHARGES 8409 8409 OTHER 4194 4194 FEES 2500 2500 FUNDRAISING 268 268 1844946 1615768 228910 268 1439224 2387805 73788 2868246 2181723 6283999 6283999 1237827 957455 11903084 11810982 9463 730 361000 4818247 4702893 18773 20925 4846483 5085548 X 3979135 5162045 3077466 1563389 7056601 6725434 11903084 11810982 X 129833 -461000 X X 0 1 X 1 0 X 1512690 1382130 3002117 6148053 1742479 13787469 1512690 1382130 3002117 6148053 1742479 13787469 3356692 10430777 238358 343765 339318 332997 331896 1586334 15373803 0.67850 0.70860 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 DUE FROM EXCEL ACADEMY CHARTER SCHOOL 957455 957455 INTEREST PAYABLE 20925 20925 CELEBRATION OF EXCELLENCE 161361 140361 21000 16500 46256 57840 161361 140361 21000 16500 46256 57840 120596 -99596 1 EXCEL ACADEMY CHARTER SCHOOLS 58 MOORE STREET EAST BOSTON MA 02128 432002251 170(B)(1)(A)(II) 1386958 TO SUPPORT THE FUNCTIONS OF EXCEL ACADEMY CHARTER SCHOOL. 1 PART I, LINE 2: THE BOARD OF TRUSTEES APPROVE GRANT AWARDS TO THE SCHOOL. FORM 990, PART VI, SECTION B, LINE 11 THE FORM 990 IS MADE AVAILABLE TO ALL BOARD MEMBERS FOR REVIEW AND COMMENTS PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD OF DIRECTORS ANNUALLY REVIEW THE CONFLICT OF INTEREST POLICY. FORM 990, PART VI, SECTION C, LINE 19 FRIENDS OF EXCEL ACADEMY CHARTER SCHOOLS, INC. MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART IX, LINE 11G MANAGEMENT FEES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 208,449. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 208,449. FORM 990, PART XI, LINE 9: WRITE-OFF OF UNCOLLECTIBLE PLEDGE -100,000. DEFERRED INFLOWS OF RESOURCES - DEFERRED REVENUE IN THE STATEMENT OF FIN PO -361,000. FORM 990, PART XII LINE 2C THE BOARD OF DIRECTORS OVERSEES THE AUDIT OF THE FINANCIAL STATEMENTS. THIS PROCESS HAS NOT CHANGED IN FISCAL YEAR 2016. EXCEL ACADEMY EAST BOSTON REALTY CORPORATION 58 MOORE STREET EAST BOSTON MA 02128 274272913 TO SUPPORT FRIENDS OF EXCEL ACADEMY CHARTER SCHOOLS, INC. MA 501(C)(3) LINE 11B, II N/A 1 EXCEL ACADEMY BREMEN STREET REALTY CORPORATION 58 MOORE STREET EAST BOSTON MA 02128 464977868 TO SUPPORT EXCEL ACADEMY CHARTER SCHOOLS MA 501(C)(3) LINE 11C, III-FI N/A 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 EXCEL ACADEMY EAST BOSTON REALTY CORPORATION D 8245000 FAIR MARKET VALUE EXCEL ACADEMY EAST BOSTON REALTY CORPORATION Q 218326 FAIR MARKET VALUE