Exceed Network

Nonprofit profile at a glance

EIN
020637117
IRS 990-EZ coverage
2021–2021
Forms available
Form 990 2020, Form 990-EZ 2021
Location
New York, NY, USA
Phone
3479346600
Rating
80
Verdict
STRONG
Rating confidence
Moderate
Sector
Financial Institutions

Official website

Reported finances

Revenue
$32,401
Expenses
$51,760
Assets
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2021. Amounts in USD.

Leadership & pay

4 people listed

Executive titles in this filing

  • MARK ADJMI (PRESIDENT)

People named in this filing

  • MARK ADJMI (PRESIDENT)
  • HARRY S TAWIL (VICE PRESIDE)
  • ELI YEDID (SECRETARY)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2021. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To provide business advice to three types of businesses: growing, start-up and distressed. Exceed network is a business advisory firm which offers advice and resources to small business owners. They deliver innovative and strategic guidance to companies at all levels: start-ups, growing and turnaround. Exceed network utilizes a deep pool of volunteer industry.

What it reported doing in 2021

The network is a volunteer-driven agency whose mission is to provide business advice to three types of business: growth, start-up, and distressed. In addition, exceed network offers business owners the opportunity to directly benefit from our creative community by joining exceed@work incubator which offered a desk and onsite advice within a hub and innovative ideas. The network also provides seminars that give business owners the founational principles to move forward carefully and confidently. Veteran business owners hear from engaging speakers, gain valuable insight into engineering trends and learn to strategize for future success. Other divisions of the network include the woman exceed network, which provides support to women entrepreneurs.

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Revenue has declined or grown slowly and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 100
  • Transparency & Controls: 74
  • Sustainability: 12
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 100%; rating input score 100

Transparency & Controls

  • Consistency checks: 90.9%; rating input score 91; 2nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: -59.7%; rating input score 11; 11th percentile among comparable filings
  • Total-asset coverage ratio: 0; rating input score 2; 2nd percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: -9.5% per year; rating input score 0; 31st percentile among comparable filings
  • Asset growth: -13.4% per year; rating input score 0; 12th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 100% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 2 filed program accomplishments · $52K in reported program spending
  • Leadership: top reported pay $0 · 4 people listed
  • Consistency: 5 of 5 current checks pass
  • Schedules: 3 filed schedules
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Operating margin scored 11/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 2/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.