Excel Academy Bremen Street Realty Corporation
- Assets
- $0.0
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- East Boston, MA
- Founding
- 08/2014
- Data as of
- 11/2019
- EIN
- 46-4977868
Organization Overview
Excel Academy Bremen Street Realty Corporation is located in East Boston, MA. The organization was established in 2014. According to its NTEE Classification (S47) the organization is classified as: Real Estate Associations, under the broad grouping of Community Improvement & Capacity Building and related organizations. Excel Academy Bremen Street Realty Corporation 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 11/2019, Excel Academy Bremen Street Realty Corporation generated $147.7k in total revenue. All expenses for the organization totaled $248.1k during the year ending 11/2019. While expenses have increased by 93.2% per year over the past 5 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2019
Describe the Organization's Program Activity:
Part 3
TO SUPPORT THE FUNCTIONS AND CARRY OUT PURPOSES OF EXCEL ACADEMY CHARTER SCHOOLS. IN OCTOBER 2019, BREMEN STREET REALTY CORPORATION (BSRC) AUTHORIZED A DEED OF THE PROPERTY AT 401 BREMEN STREET TO FRIENDS OF EXCEL ACADEMY CHARTER SCHOOLS, INC. (THE FOUNDATION) AND ASSIGNED ITS CAPITAL LEASE RECEIVABLE WITH EXCEL ACADEMY CHARTER SCHOOL RELATED TO THIS PROPERTY TO THE FOUNDATION. BSRC ALSO TRANSFERRED ITS OTHER ASSETS AND LIABILITIES TO THE FOUNDATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Seth Reynolds President | 1 | $0 | |
Megan Preiner Treasurer | 1 | $0 | |
Peter Fisher Clerk | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Wt Rich Company General Contractor, Construction Project | 6/29/17 | $6,895,367 |
Studio G Architects Architectural Services | 6/29/17 | $175,750 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $147,658 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $147,658 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $248,098 |
| Total expenses | $248,098 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $0 |
| Other assets | $0 |
| Total assets | $0 |
| Total liabilities | $0 |
| Net assets or fund balances | $0 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Excel Academy Bremen Street Realty Corporation has recieved totaling $150,000.
| Awarding Organization | Amount |
|---|---|
Friends Of Excel Academy Inc East Boston, MA PURPOSE: CAPITAL GRANT | $150,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
156 West 106th Street Holding Corp New York, NY | $627,698 | $10,000,000 |
University At Albany Bioscience Development Corporation Albany, NY | $44,515,468 | $7,817,426 |
Tgm Realty Corp 20 New York, NY | $499,485,449 | $22,200,197 |
121 W Chestnut Associates Inc Boston, MA | $88,401,570 | $6,440,632 |
Greater Boston Real Estate Board Boston, MA | $10,089,510 | $6,801,550 |
Realty Advisory Board On Labor Relations Incorporated New York, NY | $24,561,185 | $8,236,641 |
Cil Realty Inc Hartford, CT | $204,453,350 | $9,350,874 |
Dhu Realty Corp New York, NY | $1,097,719 | $3,124,620 |
330 North Brand Inc Hartford, CT | $104,479,705 | $8,295,726 |
Massachusetts Association Of Realtors Inc Foxborough, MA | $16,699,943 | $5,237,756 |
Star Island Corporation Portsmouth, NH | $13,251,365 | $4,288,283 |
Town Center Apartments Inc Boston, MA | $89,126,403 | $7,900,572 |