Civic Intelligence

Ace Foundation Inc.

EIN 11-3237003 • Brooklyn, NY

Pub. 78 EligibleNTEE T30J
1650 49th StreetBrooklyn, NY 11204
Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

24th percentile

0.00x

Higher debt load relative to assets than 24% of similar nonprofits.

$10M-$25M nonprofits • Source year 2024

Liabilities / Revenue

33rd percentile

0.04x

Higher debt load relative to revenue than 33% of similar nonprofits.

$10M-$25M nonprofits • Source year 2024

Net Margin

7th percentile

-65%

Higher net margin than 7% of similar nonprofits.

$10M-$25M nonprofits • Source year 2024

Top Officer Pay

62nd percentile

$0

Higher top officer pay than 62% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

$10M-$25M nonprofits • Source year 2016

Asset Growth

25th percentile

-1.8%

Faster asset growth than 25% of similar nonprofits.

$10M-$25M nonprofits • Annualized from 2023 to 2024

Revenue Growth

84th percentile

55%

Faster revenue growth than 84% of similar nonprofits.

$10M-$25M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets24th percentile

Assets

Down

$18,471,123

Down $330,672 (-1.8%) from 2023

Liabilities

Up

$23,012

Up $19,012 (+475%) from 2023

Net Assets

Down

$18,448,111

Down $349,684 (-1.9%) from 2023

Operations
Liabilities / Revenue33rd percentileNet Margin7th percentile

Revenue

Up

$536,462

Up $190,234 (+55%) from 2023

Expenses

Down

$886,146

Down $339,291 (-28%) from 2023

Net Income

Up

-$349,684

Up $529,525 (+60%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth25th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$30M$20M$10M$0Assets 2011: $16,468,858Liabilities 2011: $0Net Assets 2011: $16,468,8582011Assets 2012: $16,752,177Liabilities 2012: $0Net Assets 2012: $16,752,1772012Assets 2013: $16,958,450Liabilities 2013: $15,300Net Assets 2013: $16,943,1502013Assets 2014: $17,590,461Liabilities 2014: $1,500Net Assets 2014: $17,588,9612014Assets 2015: $18,587,388Liabilities 2015: $8,500Net Assets 2015: $18,578,8882015Assets 2016: $24,829,593Liabilities 2016: $0Net Assets 2016: $24,829,5932016Assets 2017: $25,517,865Liabilities 2017: $6,500Net Assets 2017: $25,511,3652017Assets 2018: $24,987,955Liabilities 2018: $8,680Net Assets 2018: $24,979,2752018Assets 2019: $22,468,789Liabilities 2019: $20,800Net Assets 2019: $22,447,9892019Assets 2020: $23,732,874Liabilities 2020: $3,040Net Assets 2020: $23,729,8342020Assets 2021: $21,096,740Liabilities 2021: $21,000Net Assets 2021: $21,075,7402021Assets 2022: $19,677,004Liabilities 2022: $0Net Assets 2022: $19,677,0042022Assets 2023: $18,801,795Liabilities 2023: $4,000Net Assets 2023: $18,797,7952023Assets 2024: $18,471,123Liabilities 2024: $23,012Net Assets 2024: $18,448,1112024

Highlighted filing

2024

Assets$18,471,123
Liabilities$23,012
Net Assets$18,448,111
Open 2024 Filing

Operations Trend

Revenue Growth84th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$10M$5.0M$0-$5.0MExpenses 2011: $784,9782011Expenses 2012: $844,0202012Revenue 2013: $1,095,480Expenses 2013: $904,507Net Income 2013: $190,9732013Revenue 2014: $1,533,467Expenses 2014: $887,656Net Income 2014: $645,8112014Revenue 2015: $1,890,970Expenses 2015: $901,043Net Income 2015: $989,9272015Revenue 2016: $7,149,651Expenses 2016: $898,946Net Income 2016: $6,250,7052016Revenue 2017: $2,001,844Expenses 2017: $1,320,072Net Income 2017: $681,7722017Revenue 2018: $505,528Expenses 2018: $1,037,618Net Income 2018: -$532,0902018Revenue 2019: $798,545Expenses 2019: $3,329,831Net Income 2019: -$2,531,2862019Revenue 2020: $1,288,693Expenses 2020: $4,706,026Net Income 2020: -$3,417,3332020Revenue 2021: $296,793Expenses 2021: $2,950,887Net Income 2021: -$2,654,0942021Revenue 2022: $1,878,909Expenses 2022: $3,277,645Net Income 2022: -$1,398,7362022Revenue 2023: $346,228Expenses 2023: $1,225,437Net Income 2023: -$879,2092023Revenue 2024: $536,462Expenses 2024: $886,146Net Income 2024: -$349,6842024

Highlighted filing

2024

Revenue$536,462
Expenses$886,146
Net Income-$349,684
Open 2024 Filing

Filings

Most recent year

2024 • Form 990PFDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$18,471,123
Liabilities
$23,012
Net assets
$18,448,111
Revenue
$536,462
Expenses
$886,146
Net income
-$349,684
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$18.5$0.02$18.4$0.54$0.89$0.35
2023Detailed filing. Detailed filing data is available for this year.$18.8$0.00$18.8$0.35$1.23$0.88
2022Detailed filing. Detailed filing data is available for this year.$19.7$0.00$19.7$1.88$3.28$1.40
2021Detailed filing. Detailed filing data is available for this year.$21.1$0.02$21.1$0.30$2.95$2.65
2020Detailed filing. Detailed filing data is available for this year.$23.7$0.00$23.7$1.29$4.71$3.42
2019Detailed filing. Detailed filing data is available for this year.$22.5$0.02$22.4$0.80$3.33$2.53
2018Detailed filing. Detailed filing data is available for this year.$25.0$0.01$25.0$0.51$1.04$0.53
2017Detailed filing. Detailed filing data is available for this year.$25.5$0.01$25.5$2.00$1.32$0.68
2016Detailed filing. Detailed filing data is available for this year.$24.8$0.00$24.8$7.15$0.90$6.25
2015Detailed filing. Detailed filing data is available for this year.$18.6$0.01$18.6$1.89$0.90$0.99
2014Detailed filing. Detailed filing data is available for this year.$17.6$0.00$17.6$1.53$0.89$0.65
2013Detailed filing. Detailed filing data is available for this year.$17.0$0.02$16.9$1.10$0.90$0.19
2012Detailed filing. Detailed filing data is available for this year.$16.8$0.00$16.8$0.84
2011Detailed filing. Detailed filing data is available for this year.$16.5$0.00$16.5$0.78
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Nov 1, 2023 to Oct 31, 2024
Signed
Sep 15, 2025
Return Version
2023v6.0
Compensation and Service Providers
Top Officer Pay62nd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Aaron ElbogenPresident-$0--
Chaya ElbogenVice Pres.-$0--
Filing and Contact Details

Filer

Filer Name
Ace Foundation Inc
EIN
11-3237003
Phone
7184312355
Address
1650 49th Street, Brooklyn, NY 11204

Signing Officer

Name
Aaron Elbogen
Title
President
Signed
2025-09-15
Discuss with paid preparer
Yes

Preparer

Firm
Daniel D Baumann CPA
Address
1132 East 12th Street, Brooklyn, NY 11230
Preparer
Daniel Baumann
Phone
7182535451
Raw XML Appendix289 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
AccountingFeesSchedule/AccountingFeesDetail/AdjustedNetIncomeAmt01750
AccountingFeesSchedule/AccountingFeesDetail/Amt03500
AccountingFeesSchedule/AccountingFeesDetail/CategoryTxt0Tax Preparation
AccountingFeesSchedule/AccountingFeesDetail/DisbursementsCharitablePrpsAmt00
AccountingFeesSchedule/AccountingFeesDetail/NetInvestmentIncomeAmt01750
InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/EOYBookValueAmt050840
InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/EOYBookValueAmt16400
InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/EOYBookValueAmt279453
InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/StockNm025,000 Sh AMRE, Inc.
InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/StockNm13,149,999 Shs Orbit Travel
InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/StockNm24,384sh JC Penny (JCP)
InvestmentsOtherSchedule2/InvestmentsOtherGrp/BookValueAmt041979
InvestmentsOtherSchedule2/InvestmentsOtherGrp/BookValueAmt187126
InvestmentsOtherSchedule2/InvestmentsOtherGrp/BookValueAmt223219364
InvestmentsOtherSchedule2/InvestmentsOtherGrp/BookValueAmt3161469
InvestmentsOtherSchedule2/InvestmentsOtherGrp/BookValueAmt49037013
InvestmentsOtherSchedule2/InvestmentsOtherGrp/BookValueAmt53860429
InvestmentsOtherSchedule2/InvestmentsOtherGrp/CategoryOrItemTxt0Morgan Capital, LLC
InvestmentsOtherSchedule2/InvestmentsOtherGrp/CategoryOrItemTxt1Centurion Credit
InvestmentsOtherSchedule2/InvestmentsOtherGrp/CategoryOrItemTxt2LN/JH Investments
InvestmentsOtherSchedule2/InvestmentsOtherGrp/CategoryOrItemTxt3Mercer Investors
InvestmentsOtherSchedule2/InvestmentsOtherGrp/CategoryOrItemTxt4Aroya Credit LLC
InvestmentsOtherSchedule2/InvestmentsOtherGrp/CategoryOrItemTxt5MIB life LLC
InvestmentsOtherSchedule2/InvestmentsOtherGrp/EOYFMVAmt041979
InvestmentsOtherSchedule2/InvestmentsOtherGrp/EOYFMVAmt187126
InvestmentsOtherSchedule2/InvestmentsOtherGrp/EOYFMVAmt223219364
InvestmentsOtherSchedule2/InvestmentsOtherGrp/EOYFMVAmt3161469
InvestmentsOtherSchedule2/InvestmentsOtherGrp/EOYFMVAmt49037013
InvestmentsOtherSchedule2/InvestmentsOtherGrp/EOYFMVAmt53860429
InvestmentsOtherSchedule2/InvestmentsOtherGrp/ListedAtCostOrFMVCd0FMV
InvestmentsOtherSchedule2/InvestmentsOtherGrp/ListedAtCostOrFMVCd1FMV
InvestmentsOtherSchedule2/InvestmentsOtherGrp/ListedAtCostOrFMVCd2FMV
InvestmentsOtherSchedule2/InvestmentsOtherGrp/ListedAtCostOrFMVCd3FMV
InvestmentsOtherSchedule2/InvestmentsOtherGrp/ListedAtCostOrFMVCd4FMV
InvestmentsOtherSchedule2/InvestmentsOtherGrp/ListedAtCostOrFMVCd5FMV
IRS990PF/AnalysisIncomeProducingActyGrp/OtherRevenueDescribedGrp/Desc0Aroya Credit LLC K-1
IRS990PF/AnalysisIncomeProducingActyGrp/OtherRevenueDescribedGrp/Desc1Centurion K-1
IRS990PF/AnalysisIncomeProducingActyGrp/OtherRevenueDescribedGrp/Desc2Mercer Investors K-1
IRS990PF/AnalysisIncomeProducingActyGrp/OtherRevenueDescribedGrp/ExclusionAmt0-500
IRS990PF/AnalysisIncomeProducingActyGrp/OtherRevenueDescribedGrp/ExclusionAmt13
IRS990PF/AnalysisIncomeProducingActyGrp/OtherRevenueDescribedGrp/ExclusionAmt2-3041
IRS990PF/AnalysisIncomeProducingActyGrp/OtherRevenueDescribedGrp/ExclusionCd014
IRS990PF/AnalysisIncomeProducingActyGrp/OtherRevenueDescribedGrp/ExclusionCd114
IRS990PF/AnalysisIncomeProducingActyGrp/OtherRevenueDescribedGrp/ExclusionCd214
IRS990PF/AnalysisIncomeProducingActyGrp/SubtotalsIncmProducingActyGrp/ExclusionAmt0-3538
IRS990PF/AnalysisIncomeProducingActyGrp/TotalIncomeProducingActyAmt0-3538
IRS990PF/AnalysisOfRevenueAndExpenses/AccountingFeesAdjNetIncmAmt01750
IRS990PF/AnalysisOfRevenueAndExpenses/AccountingFeesNetInvstIncmAmt01750
IRS990PF/AnalysisOfRevenueAndExpenses/AccountingFeesRevAndExpnssAmt03500
IRS990PF/AnalysisOfRevenueAndExpenses/ContriPaidDsbrsChrtblAmt0878294
IRS990PF/AnalysisOfRevenueAndExpenses/ContriPaidRevAndExpnssAmt0878294
IRS990PF/AnalysisOfRevenueAndExpenses/ContriRcvdRevAndExpnssAmt0540000
IRS990PF/AnalysisOfRevenueAndExpenses/ExcessRevenueOverExpensesAmt0-349684
IRS990PF/AnalysisOfRevenueAndExpenses/InterestNetInvstIncmAmt03036
IRS990PF/AnalysisOfRevenueAndExpenses/InterestRevAndExpnssAmt03036
IRS990PF/AnalysisOfRevenueAndExpenses/NetInvestmentIncomeAmt00
IRS990PF/AnalysisOfRevenueAndExpenses/OtherExpensesAdjNetIncmAmt0658
IRS990PF/AnalysisOfRevenueAndExpenses/OtherExpensesNetInvstIncmAmt0658
IRS990PF/AnalysisOfRevenueAndExpenses/OtherExpensesRevAndExpnssAmt01316
IRS990PF/AnalysisOfRevenueAndExpenses/OtherIncomeAdjNetIncmAmt0-3538
IRS990PF/AnalysisOfRevenueAndExpenses/OtherIncomeNetInvstIncmAmt0-3538
IRS990PF/AnalysisOfRevenueAndExpenses/OtherIncomeRevAndExpnssAmt0-3538
IRS990PF/AnalysisOfRevenueAndExpenses/TotalAdjNetIncmAmt0-3538
IRS990PF/AnalysisOfRevenueAndExpenses/TotalExpensesAdjNetIncmAmt02408
IRS990PF/AnalysisOfRevenueAndExpenses/TotalExpensesDsbrsChrtblAmt0878294
IRS990PF/AnalysisOfRevenueAndExpenses/TotalExpensesNetInvstIncmAmt05444
IRS990PF/AnalysisOfRevenueAndExpenses/TotalExpensesRevAndExpnssAmt0886146
IRS990PF/AnalysisOfRevenueAndExpenses/TotalNetInvstIncmAmt0-3538
IRS990PF/AnalysisOfRevenueAndExpenses/TotalRevAndExpnssAmt0536462
IRS990PF/AnalysisOfRevenueAndExpenses/TotOprExpensesAdjNetIncmAmt02408
IRS990PF/AnalysisOfRevenueAndExpenses/TotOprExpensesDsbrsChrtblAmt00
IRS990PF/AnalysisOfRevenueAndExpenses/TotOprExpensesNetInvstIncmAmt05444
IRS990PF/AnalysisOfRevenueAndExpenses/TotOprExpensesRevAndExpnssAmt07852
IRS990PF/ChgInNetAssetsFundBalancesGrp/ExcessRevenueOverExpensesAmt0-349684
IRS990PF/ChgInNetAssetsFundBalancesGrp/SubtotalAmt018448111
IRS990PF/ChgInNetAssetsFundBalancesGrp/TotNetAstOrFundBalancesBOYAmt018797795
IRS990PF/ChgInNetAssetsFundBalancesGrp/TotNetAstOrFundBalancesEOYAmt018448111
IRS990PF/DistributableAmountGrp/DistributableAsAdjustedAmt0911114
IRS990PF/DistributableAmountGrp/DistributableBeforeAdjAmt0911114
IRS990PF/DistributableAmountGrp/DistributableBeforeDedAmt0911114
IRS990PF/DistributableAmountGrp/MinimumInvestmentReturnAmt0911114
IRS990PF/ExciseTaxBasedOnInvstIncmGrp/AppliedToESTaxAmt0692
IRS990PF/ExciseTaxBasedOnInvstIncmGrp/EstimatedPlusOvpmtIncmTxAmt0692
IRS990PF/ExciseTaxBasedOnInvstIncmGrp/InvestmentIncomeExciseTaxAmt00
IRS990PF/ExciseTaxBasedOnInvstIncmGrp/OverpaymentAmt0692
IRS990PF/ExciseTaxBasedOnInvstIncmGrp/TotalPaymentsAndCreditsAmt0692
IRS990PF/FMVAssetsEOYAmt018334430
IRS990PF/Form990PFBalanceSheetsGrp/AccountsPayableBOYAmt04000
IRS990PF/Form990PFBalanceSheetsGrp/AccountsPayableEOYAmt023012
IRS990PF/Form990PFBalanceSheetsGrp/CapitalStockBOYAmt08870000
IRS990PF/Form990PFBalanceSheetsGrp/CapitalStockEOYAmt08870000
IRS990PF/Form990PFBalanceSheetsGrp/CashBOYAmt02653
IRS990PF/Form990PFBalanceSheetsGrp/CashEOYAmt01076
IRS990PF/Form990PFBalanceSheetsGrp/CashEOYFMVAmt01076
IRS990PF/Form990PFBalanceSheetsGrp/CorporateStockBOYAmt0136693
IRS990PF/Form990PFBalanceSheetsGrp/CorporateStockEOYAmt0136693
IRS990PF/Form990PFBalanceSheetsGrp/OrgDoesNotFollowFASB117Ind0X
IRS990PF/Form990PFBalanceSheetsGrp/OtherInvestmentsBOYAmt018662449
IRS990PF/Form990PFBalanceSheetsGrp/OtherInvestmentsEOYAmt018333354
IRS990PF/Form990PFBalanceSheetsGrp/OtherInvestmentsEOYFMVAmt018333354
IRS990PF/Form990PFBalanceSheetsGrp/RetainedEarningBOYAmt09927795
IRS990PF/Form990PFBalanceSheetsGrp/RetainedEarningEOYAmt09578111
IRS990PF/Form990PFBalanceSheetsGrp/TotalAssetsBOYAmt018801795
IRS990PF/Form990PFBalanceSheetsGrp/TotalAssetsEOYAmt018471123
IRS990PF/Form990PFBalanceSheetsGrp/TotalAssetsEOYFMVAmt018334430
IRS990PF/Form990PFBalanceSheetsGrp/TotalLiabilitiesBOYAmt04000
IRS990PF/Form990PFBalanceSheetsGrp/TotalLiabilitiesEOYAmt023012
IRS990PF/Form990PFBalanceSheetsGrp/TotalLiabilitiesNetAstBOYAmt018801795
IRS990PF/Form990PFBalanceSheetsGrp/TotalLiabilitiesNetAstEOYAmt018471123
IRS990PF/Form990PFBalanceSheetsGrp/TotNetAstOrFundBalancesBOYAmt018797795
IRS990PF/Form990PFBalanceSheetsGrp/TotNetAstOrFundBalancesEOYAmt018448111
IRS990PF/MethodOfAccountingCashInd0X
IRS990PF/MinimumInvestmentReturnGrp/AdjustedTotalFMVOfUnusedAstAmt018499766
IRS990PF/MinimumInvestmentReturnGrp/AverageMonthlyCashBalancesAmt036512
IRS990PF/MinimumInvestmentReturnGrp/AverageMonthlyFMVOfSecAmt00
IRS990PF/MinimumInvestmentReturnGrp/CashDeemedCharitableAmt0277496
IRS990PF/MinimumInvestmentReturnGrp/FMVAllOtherNoncharitableAstAmt018463254
IRS990PF/MinimumInvestmentReturnGrp/MinimumInvestmentReturnAmt0911114
IRS990PF/MinimumInvestmentReturnGrp/NetVlNoncharitableAssetsAmt018222270
IRS990PF/MinimumInvestmentReturnGrp/ReductionClaimedAmt00
IRS990PF/MinimumInvestmentReturnGrp/TotalFMVOfUnusedAssetsAmt018499766
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/CompOfHghstPdCntrctOrNONETxt0NONE
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/CompOfHghstPdEmplOrNONETxt0NONE
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/AverageHrsPerWkDevotedToPosRt01.00
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/AverageHrsPerWkDevotedToPosRt11.00
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/CompensationAmt00
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/CompensationAmt10
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/PersonNm0Aaron Elbogen
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/PersonNm1Chaya Elbogen
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/TitleTxt0President
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/TitleTxt1Vice Pres.
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/USAddress/AddressLine1Txt01650 49th Street
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/USAddress/AddressLine1Txt11650 49th Street
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/USAddress/CityNm0Brooklyn
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/USAddress/CityNm1Brooklyn
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/USAddress/StateAbbreviationCd0NY
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/USAddress/StateAbbreviationCd1NY
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/USAddress/ZIPCd011204
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/USAddress/ZIPCd111204
IRS990PF/Organization501c3ExemptPFInd0X
IRS990PF/PFQualifyingDistributionsGrp/ExpensesAndContributionsAmt0878294
IRS990PF/PFQualifyingDistributionsGrp/QualifyingDistributionsAmt0878294
IRS990PF/StatementsRegardingActy4720Grp/ActsFailToQlfyAsExceptionsInd0false
IRS990PF/StatementsRegardingActy4720Grp/BrrwOrLendDisqualifiedPrsnInd0false
IRS990PF/StatementsRegardingActy4720Grp/BusinessHoldingsInd0false
IRS990PF/StatementsRegardingActy4720Grp/FurnGoodsDisqualifiedPrsnInd0false
IRS990PF/StatementsRegardingActy4720Grp/GrantsToIndividualsInd0false
IRS990PF/StatementsRegardingActy4720Grp/GrantsToOrganizationsInd0false
IRS990PF/StatementsRegardingActy4720Grp/InfluenceElectionInd0false
IRS990PF/StatementsRegardingActy4720Grp/InfluenceLegislationInd0false
IRS990PF/StatementsRegardingActy4720Grp/JeopardyInvestmentsInd0false
IRS990PF/StatementsRegardingActy4720Grp/NoncharitablePurposeInd0false
IRS990PF/StatementsRegardingActy4720Grp/PayCompDisqualifiedPrsnInd0false
IRS990PF/StatementsRegardingActy4720Grp/PaymentToGovernmentOfficialInd0false
IRS990PF/StatementsRegardingActy4720Grp/PayPremiumsPrsnlBnftCntrctInd0false
IRS990PF/StatementsRegardingActy4720Grp/ProhibitedTaxShelterTransInd0false
IRS990PF/StatementsRegardingActy4720Grp/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990PF/StatementsRegardingActy4720Grp/SaleOrExchDisqualifiedPrsnInd0false
IRS990PF/StatementsRegardingActy4720Grp/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990PF/StatementsRegardingActy4720Grp/TransferAstDisqualifiedPrsnInd0false
IRS990PF/StatementsRegardingActy4720Grp/UncorrectedPriorActsInd0false
IRS990PF/StatementsRegardingActy4720Grp/UncorrectedPYJeopardyInvstInd0false
IRS990PF/StatementsRegardingActy4720Grp/UndistributedIncomePYInd0false
IRS990PF/StatementsRegardingActyGrp/ActivitiesNotPreviouslyRptInd0false
IRS990PF/StatementsRegardingActyGrp/AtLeast5000InAssetsInd0true
IRS990PF/StatementsRegardingActyGrp/ChangesToArticlesOrBylawsInd0false
IRS990PF/StatementsRegardingActyGrp/ComplyWithPublicInspRqrInd0true
IRS990PF/StatementsRegardingActyGrp/DonorAdvisedFundInd0false
IRS990PF/StatementsRegardingActyGrp/ForeignAccountsQuestionInd0false
IRS990PF/StatementsRegardingActyGrp/Form1120POLFiledInd0false
IRS990PF/StatementsRegardingActyGrp/Form990PFFiledWithAttyGenInd0true
IRS990PF/StatementsRegardingActyGrp/LegislativePoliticalActyInd0false
IRS990PF/StatementsRegardingActyGrp/LocationOfBooksUSAddress/AddressLine1Txt01244 49th Street
IRS990PF/StatementsRegardingActyGrp/LocationOfBooksUSAddress/CityNm0Brooklyn
IRS990PF/StatementsRegardingActyGrp/LocationOfBooksUSAddress/StateAbbreviationCd0NY
IRS990PF/StatementsRegardingActyGrp/LocationOfBooksUSAddress/ZIPCd011219
IRS990PF/StatementsRegardingActyGrp/MoreThan100SpentInd0false
IRS990PF/StatementsRegardingActyGrp/NewSubstantialContributorsInd0false
IRS990PF/StatementsRegardingActyGrp/OrganizationDissolvedEtcInd0false
IRS990PF/StatementsRegardingActyGrp/OrgReportOrRegisterStateCd0NY
IRS990PF/StatementsRegardingActyGrp/OwnControlledEntityInd0false
IRS990PF/StatementsRegardingActyGrp/PersonsWithBooksName/BusinessNameLine1Txt0Daniel Baumann CPA
IRS990PF/StatementsRegardingActyGrp/PhoneNum07182535451
IRS990PF/StatementsRegardingActyGrp/PrivateOperatingFoundationInd0false
IRS990PF/StatementsRegardingActyGrp/Section508eRqrSatisfiedInd0false
IRS990PF/StatementsRegardingActyGrp/UnrelatedBusIncmOverLimitInd0false
IRS990PF/StatementsRegardingActyGrp/WebsiteAddressTxt0N/A
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/Amt0878294
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt0General Operating Budget
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientFoundationStatusTxt0501(c)3
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientPersonNm0Statement 7
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientRelationshipTxt0None
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/AddressLine1Txt01650 49th Street
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/CityNm0Brooklyn
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/StateAbbreviationCd0NY
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/ZIPCd011204
IRS990PF/SupplementaryInformationGrp/OnlyContriToPreselectedInd0X
IRS990PF/SupplementaryInformationGrp/TotalGrantOrContriPdDurYrAmt0878294
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/LoansOrLoanGuaranteesInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/PerformanceOfServicesEtcInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/PurchaseOfAssetsNonchrtblEOInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/ReimbursementArrangementsInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/RelationshipsNonchrtblEOInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/RentalOfFacilitiesOthAssetsInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/SalesOrExchangesOfAssetsInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/SharingOfFacilitiesEtcInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/TrnsfrOfCashToNonchrtblEOInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/TrnsfrOtherAssetNonchrtblEOInd0false
IRS990PF/UndistributedIncomeGrp/AppliedToCurrentYearAmt0878294
IRS990PF/UndistributedIncomeGrp/DistributableAsAdjustedAmt0911114
IRS990PF/UndistributedIncomeGrp/ExcessDistributionCyovAppCYAmt032820
IRS990PF/UndistributedIncomeGrp/ExcessDistributionCyovYr1Amt0265704
IRS990PF/UndistributedIncomeGrp/ExcessDistributionCyovYr2Amt02267549
IRS990PF/UndistributedIncomeGrp/ExcessDistributionCyovYr3Amt01849349
IRS990PF/UndistributedIncomeGrp/ExcessDistributionCyovYr4Amt03575748
IRS990PF/UndistributedIncomeGrp/ExcessDistributionCyovYr5Amt0934759
IRS990PF/UndistributedIncomeGrp/ExcessDistriCyovAppCYCorpusAmt032820
IRS990PF/UndistributedIncomeGrp/ExcessDistriCyovFromYr5Amt0901939
IRS990PF/UndistributedIncomeGrp/ExcessDistriCyovToNextYrAmt07958350
IRS990PF/UndistributedIncomeGrp/ExcessFromYear1Amt0265704
IRS990PF/UndistributedIncomeGrp/ExcessFromYear2Amt02267549
IRS990PF/UndistributedIncomeGrp/ExcessFromYear3Amt01849349
IRS990PF/UndistributedIncomeGrp/ExcessFromYear4Amt03575748
IRS990PF/UndistributedIncomeGrp/QualifyingDistributionsAmt0878294
IRS990PF/UndistributedIncomeGrp/TotalCorpusAmt08860289
IRS990PF/UndistributedIncomeGrp/TotalExcessDistributionCyovAmt08893109
IRS990PF/UndistributedIncomeGrp/TreatedAsDistriFromCorpusAmt00
IRS990PF/UndistributedIncomeGrp/UndistributedIncomeCYAmt00
IRS990ScheduleB/ContributorInformationGrp/ContributorNum01
IRS990ScheduleB/ContributorInformationGrp/ContributorNum12
IRS990ScheduleB/ContributorInformationGrp/ContributorPersonNm0Aaron Elbogen
IRS990ScheduleB/ContributorInformationGrp/ContributorPersonNm1Aron Elbogen Irr Trust
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1Txt01650 49th Street
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1Txt11650 49th Street
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/CityNm0Brooklyn
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/CityNm1Brooklyn
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/StateAbbreviationCd0NY
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/StateAbbreviationCd1NY
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCd011204
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCd111204
IRS990ScheduleB/ContributorInformationGrp/PersonContributionInd0X
IRS990ScheduleB/ContributorInformationGrp/PersonContributionInd1X
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt050000
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt1490000
IRS990ScheduleB/GeneralRuleInd0X
IRS990ScheduleB/Organization501c3ExemptPFInd0X
OtherExpensesSchedule/OtherExpensesScheduleGrp/AdjustedNetIncomeAmt0658
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc0Bank Charges
OtherExpensesSchedule/OtherExpensesScheduleGrp/NetInvestmentIncomeAmt0658
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt01316
OtherIncomeSchedule2/OtherIncomeDetail/AdjustedNetIncomeAmt0-500
OtherIncomeSchedule2/OtherIncomeDetail/AdjustedNetIncomeAmt13
OtherIncomeSchedule2/OtherIncomeDetail/AdjustedNetIncomeAmt2-3041
OtherIncomeSchedule2/OtherIncomeDetail/Desc0Aroya Credit LLC K-1
OtherIncomeSchedule2/OtherIncomeDetail/Desc1Centurion K-1
OtherIncomeSchedule2/OtherIncomeDetail/Desc2Mercer Investors K-1
OtherIncomeSchedule2/OtherIncomeDetail/NetInvestmentIncomeAmt0-500
OtherIncomeSchedule2/OtherIncomeDetail/NetInvestmentIncomeAmt13
OtherIncomeSchedule2/OtherIncomeDetail/NetInvestmentIncomeAmt2-3041
OtherIncomeSchedule2/OtherIncomeDetail/RevenueAndExpensesPerBooksAmt0-500
OtherIncomeSchedule2/OtherIncomeDetail/RevenueAndExpensesPerBooksAmt13
OtherIncomeSchedule2/OtherIncomeDetail/RevenueAndExpensesPerBooksAmt2-3041
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Aaron Elbogen
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-09-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Ace Foundation Inc
ReturnHeader/Filer/BusinessNameControlTxt0ACEF
ReturnHeader/Filer/EIN0113237003
ReturnHeader/Filer/PhoneNum07184312355
ReturnHeader/Filer/USAddress/AddressLine1Txt01650 49th Street
ReturnHeader/Filer/USAddress/CityNm0Brooklyn
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd011204
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Daniel D Baumann CPA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01132 East 12th Street
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Brooklyn
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd011230
ReturnHeader/PreparerPersonGrp/PhoneNum07182535451
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Daniel Baumann
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02025-09-15T17:15:47-07:00
ReturnHeader/ReturnTypeCd0990PF
ReturnHeader/TaxPeriodBeginDt02023-11-01
ReturnHeader/TaxPeriodEndDt02024-10-31
ReturnHeader/TaxYr02023

Document Assets

No mirrored PDF or thumbnail assets are attached yet.