Excelencia In Education Inc
- Assets
- $17.0m
- Revenue
- $12.3m
- Investments
- $0.0
- Employees
- 26
- Location
- Washington, DC
- Founding
- 05/2004
- Data as of
- 12/2021
- EIN
- 20-0927912
Organization Overview
Excelencia In Education Inc is located in Washington, DC. The organization was established in 2004. According to its NTEE Classification (B05) the organization is classified as: Research Institutes & Public Policy Analysis, under the broad grouping of Education and related organizations. As of 12/2021, Excelencia In Education Inc employed 26 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Excelencia In Education 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 12/2021, Excelencia In Education Inc generated $12.3m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 47.0% each year . All expenses for the organization totaled $3.2m during the year ending 12/2021. While expenses have increased by 8.1% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
EXCELENCIA IN EDUCATION IS A NONPROFIT ORGANIZATION THAT AIMS TO ACCELERATE HIGHER EDUCATION SUCCESS FOR LATINO STUDENTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sarita E Brown President | OfficerTrustee | 40 | $206,085 |
Deborah A Santiago Chief Executive Officer | Officer | 40 | $181,710 |
Adriana Rodriguez Vice President For Programs | 40 | $108,485 | |
William Serrata Chair | OfficerTrustee | 1 | $0 |
Arturo Madrid Secretary/treasurer | OfficerTrustee | 1 | $0 |
John Cavanaugh Director | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Gmmb Communications | 12/30/20 | $130,000 |
Hcm Strategies Llc Program Devl | 12/30/20 | $100,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $11,788,683 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $11,788,683 |
| Total Program Service Revenue | $540,817 |
| Investment income | $5,542 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $12,336,645 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $20,000 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $395,270 |
| Compensation of current officers, directors, key employees. | $37,746 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,049,833 |
| Pension plan accruals and contributions | $39,056 |
| Other employee benefits | $166,490 |
| Payroll taxes | $114,522 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $5,751 |
| Fees for services: Accounting | $41,200 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $805,907 |
| Advertising and promotion | $0 |
| Office expenses | $19,259 |
| Information technology | $10,591 |
| Royalties | $0 |
| Occupancy | $198,318 |
| Travel | $33,634 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $176,664 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $18,651 |
| Insurance | $5,732 |
| All other expenses | $8,785 |
| Total functional expenses | $3,160,509 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $578,502 |
| Savings and temporary cash investments | $15,127,557 |
| Pledges and grants receivable | $1,217,004 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $32,248 |
| Net Land, buildings, and equipment | $3,438 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $16,958,749 |
| Accounts payable and accrued expenses | $140,617 |
| Grants payable | $0 |
| Deferred revenue | $269,079 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $37,773 |
| Total liabilities | $447,469 |
| Net assets without donor restrictions | $13,879,895 |
| Net assets with donor restrictions | $2,631,385 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $16,958,749 |
Grants Recieved
Over the last fiscal year, we have identified 21 grants that Excelencia In Education Inc has recieved totaling $2,444,621.
| Awarding Organization | Amount |
|---|---|
Bill & Melinda Gates Foundation Seattle, WA PURPOSE: POSTSECONDARY EDUCATION | $729,368 |
Strada Education Network Inc Indianapolis, IN PURPOSE: OPERATING GRANT | $425,000 |
Ascendium Education Solutions Inc Madison, WI PURPOSE: Examples of Excelencia 10/28/2021 - 10/29/2021 Diana Natalicio-University of Texas at El Paso Book Project Institutional Transformation in Puerto Rico: Lessons Learned in Resiliency | $259,200 |
Bill & Melinda Gates Foundation Seattle, WA PURPOSE: POSTSECONDARY EDUCATION | $225,000 |
Bill & Melinda Gates Foundation Seattle, WA PURPOSE: POSTSECONDARY EDUCATION | $158,194 |
Lumina Foundation For Education Inc Indianapolis, IN PURPOSE: TO SUPPORT THE ADVANCEMENT AND SCALE OF THE SEAL OF EXCELENCIA. | $150,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
America First Inc Arlington, VA | $3,850,844 | $14,195,522 |
National Student Clearinghouse Research Center Herndon, VA | $3,158,535 | $8,719,036 |
R Street Institute Washington, DC | $9,433,752 | $12,078,892 |
American Bankruptcy Institute Alexandria, VA | $21,045,850 | $6,767,069 |
Centerpoint Education Solutions Washington, DC | $2,694,353 | $5,212,147 |
National Association Of Independent Colleges & Universities Washington, DC | $15,482,036 | $7,647,704 |
Achieve Inc Silver Spring, MD | $324,503 | $3,902,025 |
Thomas B Fordham Institute Washington, DC | $10,011,588 | $4,932,903 |
Excelencia In Education Inc Washington, DC | $16,958,749 | $12,336,645 |
State Educational Technology Directors Association Glen Burnie, MD | $1,209,563 | $3,539,021 |
American Cornerstone Institute Inc Washington, DC | $2,381,561 | $5,226,033 |
National Council On Teacher Quality Washington, DC | $2,597,023 | $2,378,006 |