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Nonprofit · EIN 46-0987967

XCEL STRATEGIES

Tax-exempt · SAVANNAH, GA 31406

Financials

$929K$908K2023$623K$615K2024
Revenue Expenses · by fiscal year end
Financials of XCEL STRATEGIES by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$623,368$614,579$8,789$275,532$17,045$258,487
December 31, 2023990$928,932$907,793$21,139$345,686$20,357$325,329
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$623,368
Program service revenue
$0
Investment income
$0
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$325,492
Other salaries and wages
$14,025
Salaries, compensation and benefits (total)
$369,257
Professional fundraising fees
$0
Legal fees
$3,000
Accounting fees
$7,058
Travel
$33,557
Depreciation
$21,305
Program services (functional)
$533,151
Management and general (functional)
$81,428

Balance sheet and other

Total assets, start of year
$365,314
Total assets, end of year
$275,532
Total liabilities, end of year
$17,045
Net assets, end of year
$258,487
Land, buildings and equipment
$186,624
Gross receipts
$623,368
Employees
4
Volunteers
300
Year formed
2015
State of legal domicile
GA

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 December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
JAY THOMPSONFOUNDER & CEO
Highest-paid employee
40$95,492
NICK SCHULTZBRYAN DIRECTOR
Officer
40$78,500
DAVID HUMPHUSEFFINGHAM DIRECTOR
Officer
40$63,500
DARRELL GALLOWAYGA DIRECTOR
Officer
40$58,000
CORNELIUS LLYODCHATHAM DIRECTOR
Officer
40$30,000
MIKE SCRIBNERPRESIDENT
Officer
4$0
PAUL THRELKELDSECRETARY
Officer
2$0
BRAD WHITFIELDTREASURER
Officer
2$0
990 for the year ended December 31, 2023: 9 people
NameTitleHours / weekCompensation
DAN PAVLINOFFICER
Officer
2$0
BRIAN SMITHOFFICER
Officer
2$0
TYLER WRIGHTOFFICER
Officer
2$0
PETER MIERKEOFFICER
Officer
2$0
BO LONGGREAROFFICER
Officer
2$0
MIKE SCRIBNERPRESIDENT
Officer
2$0
JAY THOMPSONFOUNDER & CEO
Officer, Highest-paid employee
40$0
BRAD WHITFIELDTREASURER
Officer
2$0
PAUL THRELKELDSECRETARY
Officer
2$0

Address and contacts

Address (IRS master file)
8401 ROYAL OAK DR, SAVANNAH, GA 31406-5023
In care of
% JAY THOMPSON
Mailing address (990-N for 2015)
8401 Royal Oak Drive, Savannah GA 31406
Principal officer (990-N for 2015)
Jay Thompson, 8401 Royal Oak Drive, Savannah GA 31406
Signed the 990
JAY THOMPSON, FOUNDER & CEO
Phone
(912) 401-3094
Return prepared by
COASTAL CONSULTING MANAGEMENT GROUP

Mission

ORGANIZATION PROVIDES TRAINING AND MENTORING PROGRAM TO UNDER PRIVILEDGED YOUNG MEN. ORGANIZATION COORDINATES JOY PROM EVENT FOR PHYSICALLY AND MENTALLY CHALLENGED KIDS.

990 for the year ended December 31, 2024

Program accomplishments

  • ORGANIZATION SUCCESSFULLY MENTORED 200 STUDENTS THROUGH UNITED WAY, COURT APPOINTMENTS IN SOUTH FLORIDA, OVER 150 STUDENTS THROUGH SUMMER SKILLS CAMPS IN SOUTH GEORGIA, AND OVER 100 STUDENTS THROUGH INDUSTRY EXPOS THAT INCLUDE WELDING AND FABRICATION COMPETITIONS IN NORTH GEORGIA.
    Expenses $533,151 · revenue $636,732

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 December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
46-0987967
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
2014
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$275,532
Income (IRS master file)
$623,368

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$623,368$614,579$275,532XML
990December 2023$928,932$907,793$345,686XML
990December 2022$821,861$819,916$299,800IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS
990-EZDecember 2017–––IRS
990-N for 2015
Officer: Jay Thompson
December 31, 2015≤ $50,000 receipts––e-Postcard

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 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 (search EIN 46-0987967).

Questions about XCEL STRATEGIES

What is the EIN of XCEL STRATEGIES?
The employer identification number (EIN) of XCEL STRATEGIES is 46-0987967.
Is XCEL STRATEGIES tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2014.
Are donations to XCEL STRATEGIES tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does XCEL STRATEGIES 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 XCEL STRATEGIES due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did XCEL STRATEGIES last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of XCEL STRATEGIES?
The 990-N for 2015 names Jay Thompson.
Who are the officers and directors of XCEL STRATEGIES?
The 990 for the year ended December 31, 2024 lists 8 people; 5 received compensation from the organization, the highest $95,492 (JAY THOMPSON, FOUNDER & CEO).
How much revenue does XCEL STRATEGIES have?
On its 990 for the year ended December 31, 2024 it reported revenue of $623,368, expenses of $614,579 and total assets of $275,532 at year end.

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