2024-11-16T01:08:32-07:00 2023-12-31 990 2023-01-01 900416156 THE EAGLE INSTITUTE EAGL 2144916090 6200 Virginia Ave McKinney TX 75071 Nabeel Hasany Treasurer 8473385206 2024-11-01 1 2023 2024-10-15 13:58:12Z Excellence Academy Montessori School of Excellence Syed Nabeel Hasany 6200 W Virginia Ave McKinney TX 75071 1082330 0 X myexcellenceacademy.org X 2008 TX The specific objectives and purposes of this corporation shall be to enhance the educational standards and facilitate high-quality educational practices for families using the best methods in education, a key one utilizing the Montessori Method. To establish an efficient and self-sustaining school incorporating Islamic based knowledge and teachings. To establish a local community center, that furthers the educational foundation's goals to provide services for the local community. 3 3 35 80 0 0 446151 164470 744763 828592 73 93 0 89175 1190987 1082330 0 0 0 0 524731 690013 0 0 0 460984 470535 985715 1160548 205272 -78218 2039203 2400222 804539 1243776 1234664 1156446 The specific objectives and purposes of this corporation shall be to enhance the educational standards and facilitate high-quality educational practices for the families using the best methods in education, a key one utilizing the Montessori Method. To establish an efficient and self-sustaining school incorporating Islamic based knowledge and teachings. To establish a community center that furthers the goals of the organization. 0 0 1160548 0 828685 Excellence Academy: The primary program offered by EI is the running of the school. Most of the volunteer's time in the past years have been spent in the creation and establishment of the school. The Montessori teaching method has been implemented in the school with careful review and continues to make progress till grade 6. 2023 was a critical year where we expanded our school till 12th grade. Time was also spent on further revisions of the primary and elementary curriculum. EA team continues their work to further develop construction plans for land purchased for the school and construction shall start in 2024 0 0 0 Summer Children Programs were offered where children from local public schools, MSE or from homeschooling were shown behavioral examples and to go out and help in the community. Several day's activities where all the children attended, old people's home to assist the individuals there and clean up garbage from local parks or cleaning the local masjid. No expenses as most of the cost were borne by volunteers and not submitted for reimbursement or requested tax donations. 0 0 0 Parenting Workshop: Several parenting workshops were conducted during the pandemic offered by a licensed counselor through a sister organization. Additional educational and motivational workshops and speeches were also offered. It was again well received and several parents requested additional workshops that have been discussed and plans are to work with another organization to assist and support this activity. Pandemic allowed us to reach out to other organizations and collaborate and offer such services. Plan is to continue to offer regular workshops in coming years. 0 0 0 Curriculum Development: Staff and volunteers have continued to work on the modified curriculum for the educational foundation. The curriculum is being piloted with the primary classes and will continued to be developed over the course of the next few years so that it can be marketed to homeschooling families. Some of this was paid work however most expenses were deferred for 2022 calendar due to reduced revenue in the current year with approval from staff and volunteers. 0 0 0 1160548 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 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 0 0 35 1 0 0 0 0 0 0 0 0 X 3 3 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 TX X Syed Nabeel Hasany 8473385206 6200 Virginia Ave McKinney TX 75071 X Farhana Querishi President 10 0 X 0 0 0 Syed Nabeel Hasany Treasuer/board member 10 0 X 0 0 0 Beezer Moolji Secretary/board member 10 0 X 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 39868 124602 0 164470 Excellence Academy 611110 828592 828592 0 0 Parenting workshop 611710 0 0 0 0 0 0 0 0 828592 93 93 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Tenant improvement reimbursement 900099 89175 89175 0 0 0 0 0 0 89175 1082330 917860 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 583781 583781 0 0 0 0 0 0 0 0 0 0 106232 106232 0 0 0 0 0 0 0 0 0 0 1254 1254 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 83082 83082 0 0 28114 28114 0 0 0 0 0 0 298318 298318 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1890 1890 0 0 4766 4766 0 0 Educational Activities and Field Trips 9548 9548 0 0 Maintenance 31882 31882 0 0 School curriculum and books 2942 2942 0 0 Bank fees 430 430 0 0 8309 8309 0 0 1160548 1160548 0 0 770501 601481 0 500000 0 0 1396 0 0 0 0 0 183681 183681 0 0 0 0 1115060 0 1041644 1115060 41981 2039203 2400222 26110 778429 1243776 804539 1243776 X 1234414 1156196 250 250 1234664 1156446 2039203 2400222 -78218 0 0 0 0 0 X 0 0 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 800000 0 800000 0 0 0 0 0 0 0 0 0 0 0 0 315060 0 0 315060 1115060 1 1 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 Schedule E, Part I, Line 3 As the school program is relatively small and does not have that much funding to place ads within newspaper and media during the calendar year. However, the statement are included on our website, brochures and through email advertising that Excellence Academy does not discriminate on the basis of race, color national origin, sex, disability, religion and child's parental marital status in its policies and programs Form 990, Part VI, Section B, Line 11b Preliminary financials are shared with the board for review and approval. 990 is completed after review of financials and shared with all board members for review at an official board meeting conducted prior to the due date. Form 990, Part VI, Section B, Line 12c Each year the board is requested to clarify their business interests and whether any may result in a conflict of interest. If any conflict of interest may arise, the board member is required to abstain from voting on such items especially related to procurement services. Form 990, Part VI, Section B, Line 15 Key employee positions include principal, vice principal, and school operations manager. A review of average salaries for these positions, hours, and other benefits were reviewed by the entire board before placing a contract together. This is reviewed by the board on an annual basis and revised accordingly. Form 990, Part VI, Section C, Line 19 Yes, financials were shared with interested individuals upon request. Requests are regularly made by donors and an annual town hall is meeting is held to provide further details and provide further transparency. We thought our deadline was for midnight of our local time.