2026-04-24T15:02:05-05:00 2025-06-30 471019942 CREATIVE PLANNING TAX LLC 100 E PARK AVE STE 300 WATERLOO IA 50703 990 2024-07-01 411968867 EXCELL ACADEMY FOR HIGHER LEARNING INC EXCE 7635330500 5800 65TH AVEUNE NORTH BROOKLYN PARK MN 55429 SABRINA WILLIAMS EXECUTIVE DIRECTOR 7635330500 2026-04-24 1 1 BRIAN ARONSON CPA P01425251 3192346885 2026-04-24 2024 2025-03-06 01:10:19Z SABRINA WILLIAMS 5800 65TH AVEUNE NORTH BROOKLYN PARK MN 55429 10770668 0 X WWW.EXCELLACADEMY.ORG X 2000 MN OPERATION OF CHARTER SCHOOL IN BROOKLYN PARK, MINNESOTA. 7 6 135 12 0 0 10063362 10411231 252423 353325 0 112 172571 6000 10488356 10770668 0 0 0 0 6740041 6077584 0 0 0 4848118 4361902 11588159 10439486 -1099803 331182 4520466 2965512 8063385 6503537 -3542919 -3538025 X THE MISSION OF EXCELL ACADEMY FOR HIGHER LEARNING IS TO EQUIP AND PREPARE ITS LEARNERS FOR HIGHER EDUCATION AND TO BE POSITIVE PRODUCTIVE CITIZENS. EXCELL ACADEMY WILL ACHIEVE ITS MISSION BY IDENTIFYING, NURTURING, AND DEVELOPING ITS LEARNERS' ACADEMIC GIFTS, TALENTS AND CREATIVITY. WITH THE BELIEF THAT EVERY STUDENT IS CAPABLE OF PURSUING ACHIEVEMENT AT A HIGHER LEVEL, EXCELL ACADEMY OFFERS EXCEPTIONAL LEARNING EXPERIENCES AND QUALITY CURRICULA TO FOSTER THE LEARNERS' FULLEST POTENTIAL. 0 0 9038611 353325 EXCELL ACADEMY FOR GRADES K-8. THE SCHOOL WAS DEVELOPED WITH ALL STUDENTS, ACHIEVEMENT LEVELS, EDUCATIONAL BACKGROUNDS AND NATIONALITIES, IN MIND. THE SCHOOL IS DEDICATED TO PROVIDING AN ACADEMICALLY CHALLENGING EDUCATIONAL EXPERIENCE FOR CHILDREN WHO HAVE HISTORICALLY BEEN EXCLUDED FROM THE OPPORTUNITY. ENROLLMENT WAS 505 FOR FISCAL YEAR 2025.THE KINDERGARTEN READINESS PROGRAM HELPS YOUNG STUDENTS PREPARE FOR ENTERING GRADES K-8. THIS PROGRAM IS RUN IN THE COMMUNITY SERVICES FUND OF THE ACADEMY, ALONG WITH BEFORE AND AFTER CARE FOR STUDENTS, AND EMPLOYEE DAYCARE FOR STAFF MEMBERS CHILDREN. 9038611 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 0 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 1 0 0 0 0 0 0 1 1 1 0 0 1 37 0 1 135 1 0 0 0 0 0 0 0 0 0 0 0 0 X 7 6 0 0 0 0 1 1 1 1 0 0 0 1 1 1 1 1 1 1 1 0 MN X SABRINA WILLIAMS 7635330500 5800 65TH AVENUE NORTH BROOKLYN PARK MN 55429 X EDNA GRANGER BOARD CHAIR 1.00 0.00 X X 0 0 0 CASEY MORRISSETTE VICE CHAIR 1.00 0.00 X X 0 0 0 MONICA MCGILL SECRETARY 1.00 0.00 X X 0 0 0 TREVVA EVANS MEMBER 1.00 0.00 X 0 0 0 KULA GIDDINGS MEMBER/TEACHER 41.00 0.00 X 61532 0 10909 OLIVER SPRAGGINS MEMBER 1.00 0.00 X 0 0 0 RAHSHANA PRICE ISUK MEMBER 1.00 0.00 X 0 0 0 SABRINA WILLIAMS EXECUTIVE DIRECTOR 40.00 0.00 X 140818 0 46157 JUSTIN BALVIN ACADEMIC DEAN 40.00 0.00 X 108668 0 15587 311018 0 72653 2 0 1 0 CKC GOOD FOOD 2919 WEST SERVICE ROAD EAGAN MN 55121 STUDENT MEAL SERVICES 509788 NORTHSTAR BUS LINES 11800 95TH AVENUE NORTH MAPLE GROVE MN 55369 TRANSPORTATION SERVICES 393532 PRIDE TRANSPORTATION BUS SERVICES LLC 45 IVY AVE W ST PAUL MN 55117 TRANSPORTATION SERVICES 331236 TWIN CITIES EDUCATION CONSULTANTS LLC 14027 LYNCH DR ROGERS MN 55374 STUDENT SERVICES 302634 CLIFTONLARSONALLEN LLP 220 S 6TH ST SUITE 300 MINNEAPOLIS MN 55402 ACCOUNTING SERVICES 124827 7 10396112 15119 10411231 FEES FROM PATRONS 611710 241465 241465 MEDICAL ASSISTANCE 611710 4680 4680 FOOD SERVICE REVENUE 611710 597 597 106583 106583 353325 112 112 6000 0 6000 6000 6000 10770668 353325 0 6112 X 248211 58605 189606 4523773 4049657 474116 476214 430523 45691 475050 397854 77196 354336 305243 49093 15795 15795 174661 174661 2452171 2300100 152071 163020 100703 62317 231800 158397 73403 965084 965084 43536 43226 310 33470 33470 121814 115073 6741 1947 1947 DUES & MEMBERSHIPS 49270 2865 46405 REPAIRS AND MAINTENANCE 48623 48623 SUPPLIES 46136 46136 FIELD TRIPS 14575 14575 10439486 9038611 1400875 0 X 275953 104366 1560346 1177473 46108 34 1750 1582921 1287753 407983 295168 2276150 1340647 4520466 2965512 1723201 1108877 500000 150000 5840184 5244660 8063385 6503537 X 0 0 0 0 -3542919 -3538025 -3542919 -3538025 4520466 2965512 X 331182 -326288 X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1311637 1075673 235964 271284 212080 59204 295168 DEFERRED PENSION OUTFLOWS 1030559 DUE FROM BUILDING COMPANY 310088 1340647 DEFERRED PENSION INFLOWS 1401468 NET PENSION LIABILITY 3843192 5244660 X PART X, LINE 2: THE CHARTER SCHOOL IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE CHARTER SCHOOL ALSO QUALIFIES AS A TAX-EXEMPT ORGANIZATION UNDER APPLICABLE STATUTES OF THE STATE OF MINNESOTA. MANAGEMENT BELIEVES THAT IF IT NOT REASONABLY POSSIBLE FOR ANY TAX POSITION BENEFITS TO INCREASE OR DECREASE SIGNIFICANTLY OVER THE NEXT 12 MONTHS. AS OF JUNE 30, 2025, THERE WERE NO INCOME TAX RELATED ACCRUED INTEREST OR PENALTIES RECOGNIZED IN EITHER THE STATEMENT OF FINANCIAL POSITION OR THE STATEMENT OF ACTIVITIES. THE CHARTER SCHOOL FILES INFORMATIONAL RETURNS IN THE U.S. FEDERAL JURISDICTION, AND IN THE MINNESOTA STATE JURISDICTION. U.S. FEDERAL RETURNS AND MINNESOTA RETURNS FOR THE PRIOR THREE FISCAL YEARS ARE CLOSED. NO RETURNS ARE CURRENTLY UNDER EXAMINATION IN ANY TAX JURISDICTION. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 THE SCHOOL'S NONDISCRIMINATORY POLICY IS POSTED AT THE SCHOOL, AND IS LISTED IN THE ENROLLMENT APPLICATION, BROCHURE, AND ON THE SCHOOL'S WEBSITE. SCHEDULE E, PART I, LINE 6 AS A MN PUBLIC CHARTER SCHOOL, THE SCHOOL RECEIVES STATE EDUCATION AID AND FEDERAL GRANT FUNDING. X X 0 0 0 0 0 0 0 0 0 SABRINA WILLIAMS EXECUTIVE DIRECTOR 140818 0 0 0 0 0 13413 0 32744 0 186975 0 0 0 CANDACE DUNBAR GRANT SISTER OF EXECUTIVE DIRECTOR SABRINA WILLIAMS 77296 ANNUAL WAGES & BENEFITS 0 FORM 990, PART VI, SECTION A, LINE 6 THE SCHOOL'S MEMBERSHIP CONSISTS OF ENROLLEE MEMBERS, EMPLOYEE MEMBERS, AND COMMUNITY MEMBERS. ENROLLMENT OF A CHILD IN THE SCHOOL QUALIFIES THE PARENT(S) LEGAL GUARDIAN(S) AS ENROLLEE MEMEBRS. PAID EMPLOYMENT BY THE SCHOOL QUALIFIES THE EMPLOYEE AS AN EMPLOYEE MEMBER. SERVICE OF FIFTEEN HOURS OF VOLUNTEER WORK FOR THE SCHOOL QUALIFIES AN INDIVIDUAL AS A COMMUNITY MEMBER. ALL MEMBERS HAVE EQUAL VOTING RIGHTS. FORM 990, PART VI, SECTION A, LINE 7A THE SCHOOL'S MEMBERS ARE ELIGIBLE TO VOTE TO ELECT BOARD MEMBERS AT THE ANNUAL MEETING. FORM 990, PART VI, SECTION A, LINE 7B AMENDMENTS TO THE SCHOOL'S GOVERNING DOCUMENTS MUST BE APPROVED BY A MAJORITY VOTE OF THE MEMBERS. FORM 990, PART VI, SECTION A, LINE 8B THE SCHOOL DOES NOT HAVE COMMITTEES THAT HAVE THE AUTHORITY ON BEHALF OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B A DRAFT OF THE FORM 990 IS REVIEWED BY MANAGEMENT AND PROVIDED TO THE BOARD OF DIRECTORS PRIOR TO APPROVAL AND SIGNATURE. FORM 990, PART VI, SECTION B, LINE 12C ANNUALLY, BOARD MEMBERS COMPLETE A FULL DISCLOSURE WHICH INCLUDES THE MEMBER, SPOUSE, AND CLOSE RELATIVES TO IDENTIFY POTENTIAL CONFLICTS OF INTEREST. CONFLICTS OF INTEREST ARE REVIEWED AND DETERMINED BY REMAINING BOARD MEMBERS NOT IN CONFLICT. INDIVIDUALS WITH POTENTIAL OR ACTUAL CONFLICTS OF INTEREST DO NO VOTE ON THAT MATTER. ALL PROCEEDINGS RELATED TO CONFLCITS OF INTEREST ARE DOCUMENTED IN THE MEETING MINUTES. FORM 990, PART VI, SECTION B, LINE 15 WHEN DETERMINING THE COMPENSATION OF THE EXECUTIVE DIRECTOR AND ALL OTHER EMPLOYEES, THE SCHOOL'S BOARD OF DIRECTORS REVIEWS THE COMPENSATION LEVELS OF COMPARABLE POSITIONS WITHIN THE COMMUNITY AS WELL AS REVIEWING EXPERIENCE LEVEL AND SCHOOL SIZE FOR THE SCHOOL DIRECTOR. FORM 990, PART VI, SECTION C, LINE 19 THE SCHOOL MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST FOR THE SAME PERIOD OF DISCLOSURE AS SET FORTH IN SECTION 6104(D). FORM 990, PART VII, SECTION A: PER MN STATUTE 124E.07, CHARTER SCHOOLS ARE REQUIRED TO HAVE LICENSED TEACHERS AS MEMBERS OF THE BOARD OF DIRECTORS. KULA GIDDINGS IS A BOARD MEMBER AND RECEIVED COMPENSATION FOR SERVICES AS A TEACHER. FORM 990, PART IX, LINE 11G TRANSPORTATION: PROGRAM SERVICE EXPENSES 864,309. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 864,309. FOOD SERVICE EXPENSES: PROGRAM SERVICE EXPENSES 585,753. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 585,753. OTHER: PROGRAM SERVICE EXPENSES 850,038. MANAGEMENT AND GENERAL EXPENSES 152,071. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,002,109. FORM 990, PART X, LINE 25: PENSION LIABILITIES, DEFERRED OUTFLOWS & INFLOWS PENSION: AS A CHARTER SCHOOL IN THE STATE OF MINNESOTA, PARTICIPATION IN TWO MULTIPLE-EMPLOYER, COST-SHARING DEFINED BENEFIT PENSION PLANS IS STATUTORILY REQUIRED. THE SCHOOL'S CONTRIBUTIONS TO THE PLANS ARE ALSO REGULATED BY STATUTE AND ARE BASED ON A PERCENTAGE OF SALARIES AND WAGES EARNED BY CURRENT EMPLOYEES. THEREFORE, WHILE THE NET PENSION LIABILITY, DEFERRED OUTFLOWS AND INFLOWS, ARE REPORTED ON THE SCHOOL'S STATEMENT OF NET POSITION, THE SCHOOL IS NOT IN A POSITION TO DIRECTLY CONTROL THE LIABILITIES OR THE SUBSEQUENT LIQUIDATION OF THE LIABILITIES. FORM 990, PART XI, LINE 9: GASB 68 - PENSION ADJUSTMENT -326,288. FRIENDS OF EXCELL ACADEMY 6510 ZANE AVE NO BROOKLYN PARK MN 55429 113822685 BUILDING COMPANY MN 501(C)(3) LINE 12A, I EXCELL ACADEMY 1 0 0 0 1 0 0 0 0 0 0 1 0 0 1 0 0 1 0 0 FRIENDS OF EXCELL ACADEMY K 813250 LEASE AGREEMENT FRIENDS OF EXCELL ACADEMY D 310088 YEAR-END BALANCE