Excelencia In Education Inc
- Assets
- $26.8m
- Revenue
- $4.7m
- Investments
- $0.0
- Employees
- 39
- Location
- Washington, DC
- Founding
- 05/2004
- Data as of
- 12/2023
- 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 12/2023, Excelencia In Education Inc employed 39 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 12/2023, Excelencia In Education Inc generated $4.7m in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 21.2% each year . All expenses for the organization totaled $5.2m during the year ending 12/2023. While expenses have increased by 12.4% per year over the past 9 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.
Since 2022, Excelencia In Education Inc has awarded 17 individual grants totaling $455,750. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
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.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sarita E Brown President | OfficerTrustee | 40 | $249,586 |
Deborah A Santiago Chief Executive Officer | Officer | 40 | $213,931 |
Eyra Perez VP Of Institutional Capacity | 40 | $114,311 | |
Adriana Rodriguez Vice President For Programs | 40 | $120,019 | |
Michelle Santiago VP Of Communications | 40 | $104,357 | |
Jennifer Gomez-Chavez VP For Instiutional Engagement | 40 | $113,476 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Nonprofit Hr | 12/30/22 | $135,193 |
Matter Form Consulting | 12/30/22 | $238,000 |
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 | $3,351,273 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,351,273 |
| Total Program Service Revenue | $1,051,446 |
| Investment income | $262,686 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $3,338 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,669,979 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $442,325 |
| Grants and other assistance to domestic individuals. | $27,000 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $915,681 |
| Compensation of current officers, directors, key employees. | $173,777 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,625,643 |
| Pension plan accruals and contributions | $72,789 |
| Other employee benefits | $275,467 |
| Payroll taxes | $190,710 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,126 |
| Fees for services: Accounting | $52,950 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $503,436 |
| Advertising and promotion | $0 |
| Office expenses | $27,271 |
| Information technology | $47,556 |
| Royalties | $0 |
| Occupancy | $202,725 |
| Travel | $173,197 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $287,653 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $427 |
| Insurance | $6,082 |
| All other expenses | $135,010 |
| Total functional expenses | $5,214,745 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $786,994 |
| Savings and temporary cash investments | $9,239,726 |
| Pledges and grants receivable | $7,659,473 |
| 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 | $36,150 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $8,213,250 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $866,704 |
| Total assets | $26,802,297 |
| Accounts payable and accrued expenses | $237,719 |
| Grants payable | $0 |
| Deferred revenue | $137,133 |
| 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 | $951,428 |
| Total liabilities | $1,326,280 |
| Net assets without donor restrictions | $15,496,283 |
| Net assets with donor restrictions | $9,979,734 |
| 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 | $26,802,297 |
Grants Awarded
Over the last fiscal year, Excelencia In Education Inc has awarded $420,750 in support to 12 organizations.
| Grant Recipient | Amount |
|---|---|
ALAMO COMMUNITY COLLEGE DISTRICT PURPOSE: Institutional participation in the Community Colleges Transforming by Engaging Latino Students project | $40,000 |
AUSTIN COMMUNITY COLLEGE DISTRICT PURPOSE: The Community Colleges Transforming by Engaging Latino Students Project | $25,000 |
COLUMBIA GORGE COMMUNITY COLLEGE PURPOSE: The Community Colleges Transforming by Engaging Latino Students Project | $7,500 |
HOUSTON COMMUNITY COLLEGE SYSTEM PURPOSE: The Community Colleges Transforming by Engaging Latino Students Project | $7,500 |
LCCC PURPOSE: The Community Colleges Transforming by Engaging Latino Students Project | $7,500 |
LONE STAR COLLEGE SYSTEM DISTRICT PURPOSE: The Community Colleges Transforming by Engaging Latino Students Project | $7,500 |