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Rhode Island · Nonprofit

EXCEL ACADEMY RHODE ISLAND

EXCEL ACADEMY RHODE ISLAND (Rhode Island) receives grants from 1 organization whose IRS filings report $3,222,792 to it, the largest being FRIENDS OF EXCEL ACADEMY CHARTER SCHOOLS INC ($3,222,792). 1 of them have funded it in more than one year.

Revenue FY2025
$7.6M
Funders on record
1
Grants received
$3.2M
Net assets
$857k
1/1 repeat funderspeak grant-dependency 39%
01What it does

What Excel Academy Rhode Island does

Mission

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.

As stated on its FY2025 Form 990.

Program

  1. To provide education to k-12 students.

    $6,145,571 spent
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $6,145,571.

02The organization over time

The organization over time

Each line starts at 100 in 2023, so what you read is the shape rather than the size: 150 means half as much again as 2023, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20232023 Revenue 100 ($3.5M) Expenses 100 ($3.5M) Net assets 100 ($8k)2024 Revenue 141 ($4.9M) Expenses 141 ($4.9M) Net assets 269 ($21k)2025 Revenue 216 ($7.6M) Expenses 200 ($7.0M) Net assets 10838 ($857k)
202320242025
Revenue (216)Expenses (200)Net assets (10838)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2024 to 2025, from $2.3M to $3.5M (+49%).

$1.3M
$2.3M
$3.5M
202320242025
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2023 48% · 2024 81% · 2025 87%. Grants only. Government contracts and fees sit inside program revenue.

100% of EXCEL ACADEMY RHODE ISLAND’s revenue is contributions — more reliant on donations than three-quarters of its peers (48% for the typical peer).

This organization
Typical peer · 12,352 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 0 of the last 3 reported years ran a deficit.

$7k
’23
$13k
’24
$579k
’25
2.8
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Chief executive

Owen Stearns

CEO

Board chair

Mayor Brett Smiley

Chair

As listed on its FY2025 Form 990.

202320242025
Listed71217
Joined·+6+6
No longer listed·11
03Who funds it

Who funds it, year by year

Grant support over time, funder by funder — shade shows the grant size each year.

Funder
'23
'24*
'25*
total
funders
1
1
1

From the IRS filings of EXCEL ACADEMY RHODE ISLAND’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

EXCEL ACADEMY RHODE ISLAND draws 100% of its grant income from funders outside Rhode Island, across 1 state in all.

MA

Funder states come from each funder’s own filing. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

EXCEL ACADEMY RHODE ISLAND has grown faster than three-quarters of the 9,398 education nonprofits its size.

Operating margin8% · above the median
Months of reserve2.8mo · below the median
Revenue growth (annualized)47% · top quartile

this organization peer median middle 50% of peers· 9,398 education nonprofits $1M–$10M, FY2025

Organizations like EXCEL ACADEMY RHODE ISLAND

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Rhode Island

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

88% of spending goes to programs.

Program 88%Management 12%Fundraising 0%

Governance

9
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Footprint & structure

Files a return copy in 1 state

RI

Screen this organization

A dated, signed PDF of the compliance screen for EXCEL ACADEMY RHODE ISLAND: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

A paid feature, included from the $75 plan up. Sign in to download.

Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds EXCEL ACADEMY RHODE ISLAND?
EXCEL ACADEMY RHODE ISLAND (Rhode Island) receives grants from 1 organization whose IRS filings report $3,222,792 to it, the largest being FRIENDS OF EXCEL ACADEMY CHARTER SCHOOLS INC ($3,222,792). 1 of them have funded it in more than one year.
How many funders does EXCEL ACADEMY RHODE ISLAND have?
IRS filings report 1 organization giving $3,222,792 in grants to EXCEL ACADEMY RHODE ISLAND, 1 of which have funded it in more than one year.
Who is the largest funder of EXCEL ACADEMY RHODE ISLAND?
FRIENDS OF EXCEL ACADEMY CHARTER SCHOOLS INC is the largest funder on record, with $3,222,792 in grants. The full list of funders is on this page.
How can an organization like EXCEL ACADEMY RHODE ISLAND find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Rhode Island. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Excel Academy Rhode Island →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2023–2025), and the filings of 1 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing