Nonprofit · EIN 45-0522191
EXCELLENCE COMMUNITY SCHOOLS INC
Tax-exempt · BRONX, NY 10462
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $12,965,876 | $10,060,299 | $2,905,577 | $111,107,564 | $82,686,755 | $28,420,809 |
| June 30, 2024 | 990 | $12,555,469 | $8,930,997 | $3,624,472 | $102,337,219 | $76,821,987 | $25,515,232 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $1,145,121
- Program service revenue
- $9,066,492
- Investment income
- $599,221
- Net rental income
- $2,155,042
- Other revenue
- $2,155,042
Expenses
- Grants and similar amounts paid
- $29,509
- Compensation of officers, directors and key employees
- $3,169,751
- Other salaries and wages
- $2,333,537
- Salaries, compensation and benefits (total)
- $6,156,784
- Professional fundraising fees
- $0
- Legal fees
- $27,307
- Accounting fees
- $565,322
- Occupancy
- $268,830
- Depreciation
- $616,588
- Program services (functional)
- $5,721,225
- Management and general (functional)
- $3,398,602
- Fundraising (functional)
- $940,472
Balance sheet and other
- Total assets, start of year
- $102,337,219
- Total assets, end of year
- $111,107,564
- Total liabilities, end of year
- $82,686,755
- Net assets, end of year
- $28,420,809
- Land, buildings and equipment
- $8,787,269
- Net assets without donor restrictions
- $28,395,809
- Net assets with donor restrictions
- $25,000
- Gross receipts
- $19,160,775
- Employees
- 71
- Volunteers
- 6
- Year formed
- 2003
- State of legal domicile
- NY
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| CHARLENE REID | CO-CEO Officer | 50 | $788,378 | $57,118 |
| DENNISTON REID JR | CO-CEO Officer | 50 | $778,450 | $41,614 |
| VIKAS KAUSHAL | CHIEF FINANCIAL OFFICER Officer | 50 | $409,486 | $21,716 |
| MARQUITTA SPELLER-RICHARDSON | CHIEF LEARNING OFFICER Key employee | 50 | $262,668 | $36,949 |
| AYA TAYLOR | CHIEF OPERATING OFFICER Key employee | 50 | $265,553 | $24,820 |
| SHAWN SAROOP | SENIOR DIRECTOR INFORMATIO Highest-paid employee | 50 | $155,314 | $42,497 |
| LATOYA LAURY | MANAGING DIRECTOR OF STUDE Highest-paid employee | 50 | $162,568 | $29,804 |
| TANYA GHANS | CHIEF ACADEMIC OFFICER Key employee | 50 | $179,660 | $11,526 |
| TAMARA FORREST | SENIOR HUMAN RESOURCES MAN Highest-paid employee | 50 | $152,072 | $19,696 |
| ROBERT HOROWITZ | DIRECTOR OF REAL ESTATE IN Highest-paid employee | 50 | $130,678 | $18,060 |
| PATRICK KRAUSE | CONTROLLER - RESIGNED 10/24 Highest-paid employee | 50 | $111,290 | $22,652 |
| JOYCE FROST | CHAIRPERSON Trustee or director, Officer | 2 | $0 | $0 |
| KORY APTON | VICE PRESIDENT Trustee or director | 0.5 | $0 | $0 |
| RISHI RENJEN | TREASURER Trustee or director, Officer | 0.5 | $0 | $0 |
| KIMBERLY HARTMAN | VICE PRESIDENT Trustee or director, Officer | 0.5 | $0 | $0 |
2 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ANDRA EHRENKRANZ | VICE PRESIDENT Trustee or director, Officer | 0.5 | $0 |
| ANTHONY VERNACE | SECRETARY Trustee or director, Officer | 0.5 | $0 |
990 for the year ended June 30, 2024: 16 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| CHARLENE REID | CO-CEO Officer | 50 | $753,508 | $42,539 |
| DENNISTON REID JR | CO-CEO Officer | 50 | $679,697 | $33,567 |
| VIKAS KAUSHAL | CHIEF FINANCIAL OFFICER Officer | 40 | $418,052 | $19,389 |
| MARQUITTA SPELLER-RICHARDSON | CHIEF LEARNING OFFICER Key employee | 40 | $251,570 | $30,009 |
| AYA TAYLOR | CHIEF OPERATING OFFICER Key employee | 50 | $251,958 | $21,854 |
| SHAWN SAROOP | SENIOR DIRECTOR INFORMATIO Highest-paid employee | 50 | $152,720 | $27,830 |
| LATOYA LAURY | MANAGING DIRECTOR OF STUDENT ADVANCEMENT Highest-paid employee | 50 | $158,204 | $18,613 |
| TAMARA FORREST | SENIOR HUMAN RESOURCES MAN Highest-paid employee | 50 | $154,575 | $11,993 |
| ROBERT HOROWITZ | DIRECTOR OF REAL ESTATE INITIATIVES Highest-paid employee | 50 | $115,940 | $10,625 |
| ERIC TAGLIAFERRO | SR. DIRECTOR OF DATA Highest-paid employee | 50 | $106,013 | $9,918 |
| JOYCE FROST | CHAIRPERSON Trustee or director, Officer | 2 | $0 | $0 |
| KORY APTON | VICE PRESIDENT Trustee or director | 0.5 | $0 | $0 |
| RISHI RENJEN | TREASURER Trustee or director, Officer | 0.5 | $0 | $0 |
| KIMBERLY HARTMAN | VICE PRESIDENT Trustee or director, Officer | 0.5 | $0 | $0 |
| ANDRA EHRENKRANZ | VICE PRESIDENT Trustee or director, Officer | 0.5 | $0 | $0 |
| ANTHONY VERNACE | SECRETARY Trustee or director, Officer | 0.5 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 2000 BENEDICT AVE, BRONX, NY 10462-4404
- In care of
- % MARY GRACE EAPEN
- Principal officer (990 for 2024)
- JOYCE FROST, 2000 BENEDICT AVENUE, BRONX, NY 10462
- Signed the 990
- JOYCE FROST, CHAIRPERSON
- Phone
- (718) 828-7301
- Return prepared by
- MENGEL METZGER BARR & CO LLP
Mission
EXCELLENCE COMMUNITY SCHOOLS PREPARES YOUNG PEOPLE IN NEW YORK CITY AND STAMFORD TO COMPETE FOR ADMISSION TO AND SUCCEED IN TOP PUBLIC, PRIVATE AND PAROCHIAL HIGH SCHOOLS BY CULTIVATING THEIR INTELLECTUAL, ARTISTIC, SOCIAL, EMOTIONAL, AND ETHICAL DEVELOPMENT. EXCELLENCE COMMUNITY SCHOOLS ACCOMPLISHES THIS BY OFFERING A CHALLENGING AND RIGOROUS ACADEMIC CURRICULUM, WHICH AT THE EARLIEST OF GRADES HAS AN EYE TOWARD COLLEGE PREPARATION. EXCELLENCE COMMUNITY SCHOOLS ACHIEVES THIS IN A SUPPORTIVE AND CARING ENVIRONMENT THAT MAINTAINS HIGH EXPECTATIONS FOR ALL STUDENTS.
Program accomplishments
- EXCELLENCE COMMUNITY SCHOOLS, INC. PROVIDES SERVICES AND RAISES FUNDS TO SUPPORT THE OPERATIONS OF BRONX CHARTER SCHOOL FOR EXCELLENCE SCHOOLS AND STAMFORD SCHOOL FOR EXCELLENCE.Expenses $5,721,225 · grants $29,509 · revenue $11,221,534
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 45-0522191
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2004
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B122)
- Assets (IRS master file)
- $111,107,564
- Income (IRS master file)
- $19,160,775
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | – | – | – | IRS |
| 990 | June 2024 | – | – | – | IRS |
| 990 | June 2023 | $19,186,129 | $8,253,114 | $101,317,454 | IRS |
| 990 | June 2022 | $10,443,782 | $6,919,968 | $18,625,373 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | IRS |
990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS.
Questions about EXCELLENCE COMMUNITY SCHOOLS INC
- What is the EIN of EXCELLENCE COMMUNITY SCHOOLS INC?
- The employer identification number (EIN) of EXCELLENCE COMMUNITY SCHOOLS INC is 45-0522191.
- Is EXCELLENCE COMMUNITY SCHOOLS INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2004.
- Are donations to EXCELLENCE COMMUNITY SCHOOLS INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does EXCELLENCE COMMUNITY SCHOOLS INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of EXCELLENCE COMMUNITY SCHOOLS INC due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did EXCELLENCE COMMUNITY SCHOOLS INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of EXCELLENCE COMMUNITY SCHOOLS INC?
- The 990 for the year ended June 30, 2025 names JOYCE FROST.
- Who are the officers and directors of EXCELLENCE COMMUNITY SCHOOLS INC?
- The 990 for the year ended June 30, 2025 lists 17 people; 11 received compensation from the organization, the highest $788,378 (CHARLENE REID, CO-CEO).
- How much revenue does EXCELLENCE COMMUNITY SCHOOLS INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $12,965,876, expenses of $10,060,299 and total assets of $111,107,564 at year end.
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