X-cel Inc is a 501(c)(3) organization based in Jamaica Plain, Massachusetts, registered in 2000, with $1,216,954 in FY2023 revenue. CharityIndex grades it B.
Revenue (FY2023)
$1.2M
▲ 50.3% vs prior year
Education median: $200K
Expenses (FY2023)
$1.1M
Net assets
$765K
Employees
—
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for X-cel Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For X-cel Inc: 9 mo reserves · +13% margin earns a A on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for X-cel Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For X-cel Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $289K (FY2013) to $1.2M (FY2023) across 11 reported years.
Financial snapshot
Operating margin
13.2%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$833K
Total liabilities
$68K
Net assets
$765K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $1,216,954▲50.3% | $1,055,881▲29.3% | $765,012▲26.7% | $833,482▲24.4% | 990 |
| 2022 | $809,592▼8.4% | $816,337▲34.1% | $603,939▼4.6% | $669,923▼1.1% | 990 |
| 2021 | $883,809▲74.2% | $608,895▲19.5% | $632,950▲76.4% | $677,555▲70.0% | 990 |
| 2020 | $507,451▼13.6% | $509,480▲5.7% | $358,916▼0.6% | $398,532▼17.5% | 990 |
| 2019 | $587,126▲63.7% | $482,088▲7.8% | $360,945▲41.0% | $483,093▲66.3% | 990 |
| 2018 | $358,660▼24.4% | $447,200▼1.4% | $255,907▼25.7% | $290,566▼24.2% | 990 |
| 2017 | $474,431▼19.4% | $453,531▼11.4% | $344,447▲6.5% | $383,386▲1.6% | 990 |
| 2016 | $588,416▲21.8% | $511,860▲24.6% | $323,547▲31.0% | $377,172▲32.1% | 990 |
| 2015 | $482,976▲35.0% | $410,680▲47.2% | $246,991▲41.4% | $285,597▲43.3% | 990 |
| 2014 | $357,655▲23.8% | $279,053▲5.6% | $174,695▲81.8% | $199,292▲69.8% | 990 |
| 2013 | $288,888 | $264,272▲2.6% | $96,093▲34.4% | $117,396▲25.7% | 990 |
| 2012 | — | $257,524▼19.0% | $71,477▲5.9% | $93,412▼3.3% | 990 |
| 2011 | — | $318,075 | $67,518 | $96,555 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
9 grants to X-cel Inc totaling $252K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Boston Foundation Inc | Education | 2023 | $80,000 |
| The Pittsburgh Foundation | Education | 2021 | $10,000 |
| Boston Foundation Inc | Education | 2019 | $22,000 |
| Boston Foundation Inc | Economic development | 2016 | $30,000 |
| Boston Foundation Inc | Education | 2016 | $14,500 |
| Boston Foundation Inc | Education | 2015 | $10,000 |
| Boston Foundation Inc | Operating support | 2014 | $60,000 |
| Boston Foundation Inc | Education | 2014 | $15,000 |
| Boston Foundation Inc | Economic development | 2014 | $10,000 |
Explore more
Data for X-cel Inc (EIN 04-3492163) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.