Civic Intelligence

Ace Foundation Inc.

990 • Fiscal year 2016 • EIN 26-0302036

Jan 01, 2016 to Dec 31, 2016 • Filed on Jul 05, 2017

Organization ProfileWWW.THEACEFOUNDATION.ORG
6445 Sunset DriveMiami, FL 33143

(305) 669-2906

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

70th percentile

0.20x

Higher debt load relative to assets than 70% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Liabilities / Revenue

69th percentile

0.14x

Higher debt load relative to revenue than 69% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Net Margin

94th percentile

56%

Higher net margin than 94% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Top Officer Pay

94th percentile

$150,000

Higher top officer pay than 94% of similar nonprofits.

Top officer pay equals 29.9% of source-year revenue.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Asset Growth

96th percentile

162%

Faster asset growth than 96% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2015 to 2016

Revenue Growth

98th percentile

309%

Faster revenue growth than 98% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2015 to 2016

Balance Sheet
Liabilities / Assets70th percentile

Assets

Up

$346,954

Up $214,284 (+162%) from 2015

Net Assets

Up

$277,497

Up $281,451 (+7118%) from 2015

Liabilities

Down

$69,457

Down $67,167 (-49%) from 2015

Revenue And Expenses
Liabilities / Revenue69th percentileNet Margin94th percentile

Revenue

Up

$501,657

Up $378,988 (+309%) from 2015

Expenses

Up

$219,826

Up $79,330 (+56%) from 2015

Net Income

Up

$281,831

Up $299,658 (+1681%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth96th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$1.5M$1.0M$500K$0-$500KAssets 2013: $7,999Liabilities 2013: $2,140Net Assets 2013: $5,8592013Assets 2014: $13,873Liabilities 2014: $0Net Assets 2014: $13,8732014Assets 2015: $132,670Liabilities 2015: $136,624Net Assets 2015: -$3,9542015Assets 2016: $346,954Liabilities 2016: $69,457Net Assets 2016: $277,4972016Assets 2017: $359,254Liabilities 2017: $38,047Net Assets 2017: $321,2072017Assets 2018: $264,023Liabilities 2018: $27,576Net Assets 2018: $236,4472018Assets 2019: $145,840Liabilities 2019: $6,712Net Assets 2019: $139,1282019Assets 2020: $223,585Liabilities 2020: $49,500Net Assets 2020: $174,0852020Assets 2021: $187,474Liabilities 2021: $1,429Net Assets 2021: $186,0452021Assets 2022: $1,199,813Liabilities 2022: $0Net Assets 2022: $1,199,8132022Assets 2023: $1,302,294Liabilities 2023: $0Net Assets 2023: $1,302,2942023Assets 2024: $1,151,651Liabilities 2024: $12,825Net Assets 2024: $1,138,8262024

Highlighted filing

2016

Assets$346,954
Liabilities$69,457
Net Assets$277,497
Open 2016 Filing

Operations Trend

Revenue Growth98th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$4.0M$3.0M$2.0M$1.0M$0-$1.0MRevenue 2013: $17,572Expenses 2013: $9,073Net Income 2013: $8,4992013Revenue 2014: $47,361Expenses 2014: $39,347Net Income 2014: $8,0142014Revenue 2015: $122,669Expenses 2015: $140,496Net Income 2015: -$17,8272015Revenue 2016: $501,657Expenses 2016: $219,826Net Income 2016: $281,8312016Revenue 2017: $2,579,124Expenses 2017: $2,535,414Net Income 2017: $43,7102017Revenue 2018: $3,651,332Expenses 2018: $3,736,092Net Income 2018: -$84,7602018Revenue 2019: $688,633Expenses 2019: $785,952Net Income 2019: -$97,3192019Revenue 2020: $562,946Expenses 2020: $527,537Net Income 2020: $35,4092020Revenue 2021: $405,816Expenses 2021: $393,856Net Income 2021: $11,9602021Revenue 2022: $2,078,496Expenses 2022: $1,061,205Net Income 2022: $1,017,2912022Revenue 2023: $1,097,700Expenses 2023: $995,219Net Income 2023: $102,4812023Revenue 2024: $897,884Expenses 2024: $1,061,352Net Income 2024: -$163,4682024

Highlighted filing

2016

Revenue$501,657
Expenses$219,826
Net Income$281,831
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Jul 5, 2017
Return Version
2016v3.0
Gross Receipts
$780,181
Mission and Program Overview

Mission

The ace foundation was established to support educational projects and events that enhance the public education system and increase student achievement. The mission of the foundation is to enhance the educational opportunities of charter school students by providing financial and community-based resources to supplement charter school programs and initiatives.the purpose of the organization is to allocate resources to improve the education effort through initiatives such as teacher and school grants, student scholarships, and recognition of educational excellence. The organization conducts fundraising activities and sponsors annual events such as art auctions/recognition ceremonies to raise funds for educational not-for profit entities in the community.

The mission of the foundation is to enhance the educational opportunities of charter school students by providing financial and community-based resources to supplement charter school programs and initiatives.the ace foundation was established to support educational projects and events that enhance the public education system and increase student achievement.the purpose of the organization is to allocate resources to improve the education effort through initiatives such as teacher and school grants, and recognition of educational excellence. Theorganization conducts fundraising activities and sponsors annual eventssuch as art auctions/recognition ceremonies to raise funds foreducational not-for-profit entities in the community.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$65,935$254,371▲ $188,436
Accounts Receivable$66,735$66,200▼ $535
Total Assets$132,670$346,954▲ $214,284
Other Assets Total$0$26,383▲ $26,383
Liabilities
Other Liabilities$128,348$36,957▼ $91,391
Accounts Payable and Accrued Expenses$8,276$32,500▲ $24,224
Total Liabilities$136,624$69,457▼ $67,167
Net Assets / Fund Balance
Unrestricted Net Assets$-3,954$277,497▲ $281,451
Total Net Assets Fund Balance$-3,954$277,497▲ $281,451
Total Liabilities and Net Assets / Fund Balance$132,670$346,954▲ $214,284

Asset Categories

AssetBook ValueDepreciationBasis
Other Assets Org$26,383--
Compensation and Service Providers
Top Officer Pay94th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Ms Anitere FloresEmployeeFT$150,000$150,000

Board Members and Trustees

NameTitle
Mr Charles a GibsonBoard Chair and President
Mr Robert HaagDirector
Ms Athena GuillenDirector
Ms Stella SantamariaDirector
Ms Susie DopicoDirector
Mr Daniel DiazExecutive Director
Ms Eleonora CuestaSecretary
Mr Ryan ReevesTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Adp Totalsource Co Xxiii INCPayroll Services10200 SUNSET DRIVE, Miami, FL 33173$253,844
Revenue and Support

Revenue Composition

Contributions and Grants
$709,919
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$-208,262
All Other Contributions
$578,722
Change in Net Assets
$281,831
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$219,826
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
All Other Expenses$5,699$6,008-$11,707
Fees for Services Other$3,900--$3,900
Other Expenses$3,104--$3,104
Advertising$3,000--$3,000
Insurance-$1,796-$1,796
Fees for Services Accounting-$1,500-$1,500
Total Functional Expenses$210,522$9,304$0$219,826
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$223,842
Fundraising Gross Income$37,354
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
End of Year Event$121,583$31,283$109,398$-78,115
NEW YEAR'S EVENT$36,073$6,071$32,747$-26,676
Total Events$168,551$37,354$223,842$-186,488
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Adp Totalsource Co Xxiii Inc.$36,957
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

“A copy of the form 990 is provided to the board for review before it is submitted to the internal revenue service.”

Form 990, Part VI, Section B, Line 12C

“The executive director oversees activities and informs the board of any possible conflicts. The board requires disclosure at board meetings for approval of any projects requiring a vote.”

Form 990, Part VI, Section C, Line 18

“This information is available via www.guidestar.org”

Form 990, Part VI, Section C, Line 19

“This information is available upon request.”

Filing and Contact Details

Filer

Filer Name
Ace Foundation Inc
EIN
26-0302036
Phone
3056692906
Address
6445 SUNSET DRIVE, MIAMI, FL 33143

Signing Officer

Name
Daniel Diaz
Title
Executive Director
Phone
3056692906
Signed
2017-07-05
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Mr Daniel Diaz
Formed
2007
Legal Domicile
Fl
Voting Board Members
8
Independent Board Members
8
Employees
1
Volunteers
7

Preparer

Firm
Hlb Gravier Llp
Address
396 ALHAMBRA CIRCLE SUITE 900, CORAL GABLES, FL 33134-5095
Preparer
Leonardo D Gravier
Phone
3054463022
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

“Book to tax difference k1 from preporty coaching group llc -380.”

Section 1.263(A)-1(F) De Minimis Safe Harbor Election

“The ace foundation inc 6445 sunset drive miami, fl 33143 employer identification number: 26-0302036 for the year ending december 31, 2016 the ace foundation inc is making the de minimis safe harbor election under reg. Sec. 1.263(a)-1(f).”

Section 1.263(A)-3(N) Election

“The ace foundation inc 6445 sunset drive miami, fl 33143 employer identification number: 26-0302036 for the year ending december 31, 2016 the ace foundation inc is electing to capitalize repair and maintenance costs under reg. Sec. 1.263(a)-3(n).1”

Raw XML AppendixShowing 400 of 424 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.

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IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt0-2997
IRS990/OtherRevenueTotalAmt0-2997
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0MR DANIEL DIAZ
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0280500
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt0140496
IRS990/PYOtherRevenueAmt0-157831
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0-17827
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0140496
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0122669
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0281831
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt00
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0709919
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0280500
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0145324
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt073550
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt011000
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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt073550
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt011000
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01220293
IRS990ScheduleA/TotalSupportAmt01220293
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt026383
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0INVESTMENT IN PREPORY COACHING GROUP LLC
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt036957
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DUE TO ADP TOTALSOURCE CO XXIII INC.
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalBookValueOtherAssetsAmt026383
IRS990ScheduleD/TotalLiabilityAmt036957
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt0131197
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt090300
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent2Amt030002
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriOtherEventsAmt010895
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt0223842
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0END OF YEAR EVENT
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0NEW YEAR'S EVENT
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt0121583
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt036073
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsOtherEventsAmt010895
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt0168551
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt031283
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt06071
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt037354
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt0-186488
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssOtherEventsAmt081697
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt0223842
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt0109398
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt032747
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0A COPY OF THE FORM 990 IS PROVIDED TO THE BOARD FOR REVIEW BEFORE IT IS SUBMITTED TO THE INTERNAL REVENUE SERVICE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE EXECUTIVE DIRECTOR OVERSEES ACTIVITIES AND INFORMS THE BOARD OF ANY POSSIBLE CONFLICTS. THE BOARD REQUIRES DISCLOSURE AT BOARD MEETINGS FOR APPROVAL OF ANY PROJECTS REQUIRING A VOTE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THIS INFORMATION IS AVAILABLE VIA WWW.GUIDESTAR.ORG
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THIS INFORMATION IS AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4BOOK TO TAX DIFFERENCE K1 FROM PREPORTY COACHING GROUP LLC -380.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE ACE FOUNDATION INC 6445 SUNSET DRIVE MIAMI, FL 33143 EMPLOYER IDENTIFICATION NUMBER: 26-0302036 FOR THE YEAR ENDING DECEMBER 31, 2016 THE ACE FOUNDATION INC IS MAKING THE DE MINIMIS SAFE HARBOR ELECTION UNDER REG. SEC. 1.263(A)-1(F).
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THE ACE FOUNDATION INC 6445 SUNSET DRIVE MIAMI, FL 33143 EMPLOYER IDENTIFICATION NUMBER: 26-0302036 FOR THE YEAR ENDING DECEMBER 31, 2016 THE ACE FOUNDATION INC IS ELECTING TO CAPITALIZE REPAIR AND MAINTENANCE COSTS UNDER REG. SEC. 1.263(A)-3(N).1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART XI, LINE 9:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5SECTION 1.263(A)-1(F) DE MINIMIS SAFE HARBOR ELECTION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6SECTION 1.263(A)-3(N) ELECTION
IRS990ScheduleR/UnrelatedOrgTxblPartnershipGrp/AllPartnersC3SInd00
IRS990ScheduleR/UnrelatedOrgTxblPartnershipGrp/BusinessName/BusinessNameLine1Txt0PREPORY COACHING GROUP LLC
IRS990ScheduleR/UnrelatedOrgTxblPartnershipGrp/DisproportionateAllocationsInd00
IRS990ScheduleR/UnrelatedOrgTxblPartnershipGrp/EIN0813126442
IRS990ScheduleR/UnrelatedOrgTxblPartnershipGrp/GeneralOrManagingPartnerInd00
IRS990ScheduleR/UnrelatedOrgTxblPartnershipGrp/LegalDomicileStateCd0FL
IRS990ScheduleR/UnrelatedOrgTxblPartnershipGrp/OwnershipPct00.25000
IRS990ScheduleR/UnrelatedOrgTxblPartnershipGrp/PredominateIncomeDesc0UNRELATED
IRS990ScheduleR/UnrelatedOrgTxblPartnershipGrp/PrimaryActivitiesTxt0COLLEGE COACHING SERVICES
IRS990ScheduleR/UnrelatedOrgTxblPartnershipGrp/ShareOfEOYAssetsAmt026383
IRS990ScheduleR/UnrelatedOrgTxblPartnershipGrp/ShareOfTotalIncomeAmt0-3377
IRS990ScheduleR/UnrelatedOrgTxblPartnershipGrp/UBICodeVAmt03387
IRS990ScheduleR/UnrelatedOrgTxblPartnershipGrp/USAddress/AddressLine1Txt05061 SW 130 TERRACE
IRS990ScheduleR/UnrelatedOrgTxblPartnershipGrp/USAddress/CityNm0MIRAMAR
IRS990ScheduleR/UnrelatedOrgTxblPartnershipGrp/USAddress/StateAbbreviationCd0FL
IRS990ScheduleR/UnrelatedOrgTxblPartnershipGrp/USAddress/ZIPCd033027
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
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IRS990/TotalAssetsGrp/BOYAmt0132670
IRS990/TotalAssetsGrp/EOYAmt0346954
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IRS990/TotalContributionsAmt0709919
IRS990/TotalEmployeeCnt01
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt09304
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0210522
IRS990/TotalFunctionalExpensesGrp/TotalAmt0219826
IRS990/TotalGrossUBIAmt0-2997
IRS990/TotalLiabilitiesBOYAmt0136624
IRS990/TotalLiabilitiesEOYAmt069457
IRS990/TotalLiabilitiesGrp/BOYAmt0136624
IRS990/TotalLiabilitiesGrp/EOYAmt069457
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-3954
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0277497
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0210522
IRS990/TotalReportableCompFromOrgAmt0150000
IRS990/TotalRevenueGrp/ExclusionAmt0-186488
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0-18777
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0501657
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt0-2997
IRS990/TotalVolunteersCnt07
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0132670
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0346954
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0-3954
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0277497
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt06445 SUNSET DRIVE
IRS990/USAddress/CityNm0MIAMI
IRS990/USAddress/StateAbbreviationCd0FL
IRS990/USAddress/ZIPCd033143
IRS990/VotingMembersGoverningBodyCnt08
IRS990/VotingMembersIndependentCnt08
IRS990/WebsiteAddressTxt0HTTP://WWW.THEACEFOUNDATION.ORG/
IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0DANIEL DIAZ
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum03056692906
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-07-05
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0ACE FOUNDATION INC
ReturnHeader/Filer/BusinessNameControlTxt0ACEF
ReturnHeader/Filer/EIN0260302036
ReturnHeader/Filer/PhoneNum03056692906

Document Assets

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Filings

Displayed year

2016 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$346,954
Liabilities
$69,457
Net assets
$277,497
Revenue
$501,657
Expenses
$219,826
Net income
$281,831
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.15$0.01$1.14$0.90$1.06$0.16
2023Detailed filing. Detailed filing data is available for this year.$1.30$0.00$1.30$1.10$1.00$0.10
2022Detailed filing. Detailed filing data is available for this year.$1.20$0.00$1.20$2.08$1.06$1.02
2021Detailed filing. Detailed filing data is available for this year.$0.19$0.00$0.19$0.41$0.39$0.01
2020Detailed filing. Detailed filing data is available for this year.$0.22$0.05$0.17$0.56$0.53$0.04
2019Detailed filing. Detailed filing data is available for this year.$0.15$0.01$0.14$0.69$0.79$0.10
2018Detailed filing. Detailed filing data is available for this year.$0.26$0.03$0.24$3.65$3.74$0.08
2017Detailed filing. Detailed filing data is available for this year.$0.36$0.04$0.32$2.58$2.54$0.04
2016Detailed filing. Detailed filing data is available for this year.$0.35$0.07$0.28$0.50$0.22$0.28
2015Detailed filing. Detailed filing data is available for this year.$0.13$0.14$0.00$0.12$0.14$0.02
2014Detailed filing. Detailed filing data is available for this year.$0.01$0.00$0.01$0.05$0.04$0.01
2013Detailed filing. Detailed filing data is available for this year.$0.01$0.00$0.01$0.02$0.01$0.01