2024-05-01T08:37:43-05:00 2023-06-30 042571780 AAFCPAS INC 50 WASHINGTON STREET WESTBOROUGH MA 01581 990 2022-07-01 874129135 EXCEL ACADEMY RHODE ISLAND EXCE 4016806086 622 WOONASQUATUCKET AVE NORTH PROVIDENCE RI 02911 CHANNAVY CHHAY VICE CHAIR 4016806086 2024-04-30 1 CHANNAVY CHHAY XXX-XX-XXXX 1 JOHN BUCKLEY CPA P00830631 5083669100 2024-04-30 0 AAL1 IAL1 2022 2023-04-26 12:10:37Z X CHANNAVY CHHAY 622 WOONASQUATUCKET AVE NORTH PROVIDENCE RI 02911 3494734 0 X HTTPS://WWW.EXCELACADEMY.ORG/MASSACHUSETTS-SCHOOL X 2021 RI THE MISSION OF EXCEL ACADEMY RHODE ISLAND IS TO PREPARE STUDENTS TO SUCCEED IN HIGH SCHOOL AND COLLEGE, TO APPLY THEIR LEARNING IN SOLVING RELEVANT PROBLEMS, AND TO ENGAGE PRODUCTIVELY IN THEIR COMMUNITY. 7 7 19 57 0 0 1000 3494734 0 0 0 1000 3494734 0 0 1558553 0 0 1929272 3487825 1000 6909 1000 1300193 1292284 1000 7909 THE MISSION OF EXCEL ACADEMY RHODE ISLAND IS TO PREPARE STUDENTS TO SUCCEED IN HIGH SCHOOL AND COLLEGE, TO APPLY THEIR LEARNING IN SOLVING RELEVANT PROBLEMS, AND TO ENGAGE PRODUCTIVELY IN THEIR COMMUNITY. 0 0 3197928 TO PROVIDE EDUCATION TO K-12 STUDENTS. 3197928 1 1 0 0 0 0 0 0 0 0 0 0 0 1 1 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 7 0 1 19 1 0 0 0 0 0 0 0 0 0 0 0 0 X 7 7 0 1 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 RI X ANDREW SOLOMON 4016806086 622 WOONASQUATUCKET AVE NORTH PROVIDENCE RI 02911 X MAYOR JORGE ELORZA CHAIR 0.80 X X 0 0 0 CHANNAVY CHHAY VICE CHAIR 0.80 X X 0 0 0 CHIV HENG TREASURER 0.80 X X 0 0 0 MAYOR MARIA RIVERA CLERK 0.80 X X 0 0 0 MAYOR CHARLES LOMBARDI BOARD MEMBER 0.80 X 0 0 0 LIZ GIORDANO BOARD MEMBER 0.80 X 0 0 0 GARY GOLDBERG BOARD MEMBER 0.80 X 0 0 0 0 0 0 0 0 0 0 FRIENDS OF EXCEL ACADEMY CHARTER SCHOOL 58 MOORE STREET EAST BOSTON MA 02128 MANAGEMENT FEE 143129 1 1675683 1819051 3494734 3494734 0 0 0 1341655 1341655 114782 114782 102116 102116 283605 283605 52023 49023 3000 147416 144124 3292 330805 330805 5790 5790 DIRECT STUDENT COSTS 557360 557360 SITE SEARCH COSTS 488624 488624 LICENSES AND SUBSCRIPTI 34097 34097 STAFF DEVELOPMENT 29552 29552 3487825 3197928 289897 0 1000 334584 108097 36863 29567 0 791082 1000 1300193 0 194418 0 1097866 0 1292284 X 1000 7909 1000 7909 1000 1300193 6909 0 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 RIGHT-OF-USE LEASE ASSET - OPERATING 647866 DUE FROM RELATED PARTY 143216 791082 NOTE PAYABLE - RELATED PARTY 450000 OPERATING LEASE LIABILITY 647866 1097866 X 3006110 0 3006110 488624 488624 3494734 2999201 0 2999201 488624 488624 3487825 PART X, LINE 2: THE SCHOOL ACCOUNTS FOR UNCERTAINTY IN INCOME TAXES IN ACCORDANCE WITH ACCOUNTING STANDARDS CODIFICATION (ASC) TOPIC, INCOME TAXES. THIS STANDARD CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN TAX POSITIONS AND PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR THE FINANCIAL STATEMENTS REGARDING A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. THE SCHOOL HAS DETERMINED THAT THERE ARE NO UNCERTAIN TAX POSITIONS WHICH QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE ACCOMPANYING FINANCIAL STATEMENTS AT JUNE 30, 2023. THE SCHOOL'S INFORMATION RETURNS ARE SUBJECT TO EXAMINATION BY THE FEDERAL AND STATE JURISDICTIONS. PART XI, LINE 4B - OTHER ADJUSTMENTS: CAPITAL GRANTS 488,624. PART XII, LINE 4B - OTHER ADJUSTMENTS: SITE SEARCH COSTS 488,624. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 ORGANIZATION'S WEBSITE SCHEDULE E, PART I, LINE 6 TITLE I, IIA AND IV FUNDS ARE ACCESSED THROUGH FRIENDS OF EXCEL ACADEMY CHARTER SCHOOL, INC., WHO PROVIDE PASS-THROUGH GRANTS TO EXCEL ACADEMY RHODE ISLAND. FORM 990, PART VI, SECTION A, LINE 3 EXCEL ACADEMY RHODE ISLAND (THE SCHOOL) ENTERED INTO A MASTER SERVICE AGREEMENT WITH THE FRIENDS OF EXCEL ACADEMY CHARTER SCHOOL, INC. (THE FOUNDATION). UNDER THE AGREEMENT, THE FOUNDATION IS AUTHORIZED TO PROVIDE THE SCHOOL WITH ACADEMIC, FINANCIAL, TECHNOLOGICAL, CURRICULUM, AND OPERATIONAL SUPPORT. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 WAS REVIEWED BY ADMIN PERSONNEL BEFORE FILING. FORM 990, PART VI, SECTION B, LINE 12C ANNUAL MEETING MEMBERS REAFFIRMED CONFLICT OF INTEREST POLICY AND DISCUSS WHETHER VIOLATIONS HAVE TAKEN PLACE. FORM 990, PART VI, SECTION C, LINE 19 AVAILABLE UPON REQUEST FORM 990, PART XII, LINE 2C: THE BOARD OF DIRECTORS HAS OVERSIGHT OF THE AUDIT PROCESS.