2015-03-04T14:08:43-06:00 2014-06-30 042571780 ALEXANDER ARONSON FINNING & CO PC 21 EAST MAIN STREET WESTBORO MA 01581 990 2013-07-01 300211613 FRIENDS OF EXCEL ACADEMY CHARTER SCHOOLS INC FRIE 6178744080 58 MOORE STREET EAST BOSTON MA 02128 MARY ELISABETH SWERZ BOARD CHAIR 6175611371 2015-03-03 1 JOHN BUCKLEY CPA P00830631 5083669100 2015-02-16 2013 2016-03-07 17:11:31Z MARY ELISABETH SWERZ 58 MOORE STREET EAST BOSTON MA 02128 3384665 0 X N/A X 2004 MA FRIENDS OF EXCEL ACADEMY CHARTER SCHOOLS INC. IS A 501(C)(3) ORGANIZATION FORMED TO RAISE FUNDS AND SUPPORT THE FUNCTIONS OF AND CARRY OUT THE PURPOSE OF EXCEL ACADEMY CHARTER SCHOOLS TO ENGAGE IN ACTIVITIES TO PERFORM FUNCTIONS THAT THE SCHOOLS WOULD OTHERWISE HAVE TO PERFORM. TO OWN, LEASE AND MAINTAIN THE SITES AT WHICH THE SCHOOLS ARE LOCATED. TO OTHERWISE BENEFIT THE SCHOOLS THROUGH PROVISION OF FINANCIAL SUPPORT AND SERVICES. 5 5 0 0 0 0 1511775 3002117 0 0 343765 339318 -352 -31792 1855188 3309643 280000 153000 0 0 0 0 0 0 101849 478692 413102 758692 566102 1096496 2743541 8824526 10670705 5822340 5132903 3002186 5537802 X FRIENDS OF EXCEL ACADEMY CHARTER SCHOOLS, INC. IS A 501(C)(3) ORGANIZATION FORMED TO RAISE FUNDS AND SUPPORT THE FUNCTIONS OF AND CARRY OUT THE PURPOSES OF EXCEL ACADEMY CHARTER SCHOOLS TO ENGAGE IN ACTIVITIES AND PERFORM FUNCTIONS THAT THE SCHOOLS WOULD OTHERWISE HAVE TO PERFORM; TO OWN, LEASE AND MAINTAIN THE SITES AT WHICH THE SCHOOLS ARE LOCATED; AND TO OTHERWISE BENEFIT THE SCHOOLS THROUGH PROVISION OF FINANCIAL SUPPORT AND SERVICES. 0 0 452417 153000 TO RAISE FUNDS AND SUPPORT THE FUNCTIONS OF EXCEL ACADEMY, EXCEL ACADEMY - CHELSEA AND EXCEL ACADEMY - BOSTON II 452417 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 1 0 1 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 0 0 0 0 0 X 5 5 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 MA X AARON BUZAY 6178744080 58 MOORE STREET EAST BOSTON MA 02128 X DOUGLAS CHOPE MEMBER 0.80 X 0 0 0 KATHRYN BUEKER VICE PRESIDENT 0.80 X X 0 0 0 TUCKER LEVY MEMBER 0.80 X 0 0 0 MARY ELISABETH SWERZ PRESIDENT AND TREASURER 0.80 X X 0 0 0 CHRISTOPHER DELOREY MEMBER 0.80 X 0 0 0 0 0 0 0 0 0 0 EXCEL ACADEMY CHARTER SCHOOL 58 MOORE STREET EAST BOSTON MA 02128 MANAGEMENT FEES 158248 1 100970 2901147 3002117 339318 339318 43230 100970 75022 -31792 -31792 3309643 0 0 307526 X 150000 150000 3000 3000 158760 57506 101254 235761 235761 BANK CHARGES 9086 9086 FINANCING EXPENSES 6150 6150 OTHER FEES 2750 2750 FUNDRAISING 595 595 566102 452417 11836 101849 1211347 2013747 33949 39013 200000 200000 330487 245351 6283999 6283999 764744 1888595 8824526 10670705 24950 425 4700000 4633924 300000 294956 184394 797390 19204 5822340 5132903 X 2582136 4369752 420050 1168050 3002186 5537802 8824526 10670705 X 2743541 -207925 X X 0 1 X 1 0 X 361121 867183 1512690 1382130 3002117 7125241 361121 867183 1512690 1382130 3002117 7125241 2394390 4730851 49 238358 343765 339318 921490 8046731 0.58790 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 DUE FROM EXCEL ACADEMY CHARTER SCHOOL 1030659 DEPOSITS 99744 CONSTRUCTION IN PROGRESS 758192 1888595 INTEREST PAYABLE 19204 19204 CELEBRATION OF EXCELLENCE 144200 100970 43230 17071 33916 24035 144200 100970 43230 17071 33916 24035 75022 -31792 1 EXCEL ACADEMY CHARTER SCHOOLS 58 MOORE STREET EAST BOSTON MA 02128 432002251 170(B)(1)(A)(II) 150000 0 TO SUPPORT THE FUNCTIONS OF EXCEL ACADEMY CHARTER SCHOOL. 1 PART I, LINE 2: THE BOARD OF TRUSTEES APPROVE GRANT AWARDS TO EXCEL ACADEMY CHARTER SCHOOLS. A MASSACHUSETTS DEVELOPMENT FINANCE AGENCY 043431814 NONEAVAIL 2011-09-22 4700000 CONSTRUCTION AND PURCHASE OF BUILDING 0 0 0 A 4700000 4700000 0 0 1 1 A 0 0 0 0 1 0 1 A 0 0 0 0 0 0 0 0 0 A 0 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 NETWORK SUPPORT FEES: PROGRAM SERVICE EXPENSES 57,506. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 101,254. TOTAL EXPENSES 158,760. FORM 990, PART XI, LINE 9: CUMULATIVE EFFECT OF CHANGE IN ACCOUNTING PRINCIPLE -207,925. FORM 990, PART XII LINE 2C THE BOARD OF DIRECTORS OVERSEES THE AUDIT OF THE FINANCIAL STATEMENTS. 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 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 EXCEL ACADEMY EAST BOSTON REALTY CORPORATION R 218326 FAIR MARKET VALUE