Excel Academy Bremen Street Realty Corporation

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.

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)Compensation
Seth Reynolds
President
$0
Megan Preiner
Treasurer
$0
Peter Fisher
Clerk
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Wt Rich Company
General Contractor, Construction Project
$6,895,367
Studio G Architects
Architectural Services
$175,750
View All Vendors

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

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