Civic Intelligence

Ace Charter School

990 • Fiscal year 2014 • EIN 26-1570590

Jul 01, 2013 to Jun 30, 2014 • Filed on Feb 11, 2015

1100 Shasta Ave 25095126

(408) 295-6008

Siviq Scores

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

Liabilities / Assets

66th percentile

0.37x

Higher debt load relative to assets than 66% of similar nonprofits.

2014 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2014

Liabilities / Revenue

44th percentile

0.15x

Higher debt load relative to revenue than 44% of similar nonprofits.

2014 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2014

Net Margin

62nd percentile

6.9%

Higher net margin than 62% of similar nonprofits.

2014 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2014

Top Officer Pay

63rd percentile

$149,138

Higher top officer pay than 63% of similar nonprofits.

Top officer pay equals 2.1% of source-year revenue.

2014 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2014

Asset Growth

84th percentile

21%

Faster asset growth than 84% of similar nonprofits.

2014 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2013 to 2014

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2014

Assets

Up

$2,914,018

Up $500,529 (+21%) from 2013

Net Assets

Up

$1,824,018

Up $662,254 (+57%) from 2013

Liabilities

Down

$1,090,000

Down $161,725 (-13%) from 2013

Revenue

$7,209,974

No earlier filing loaded for comparison.

Expenses

Up

$6,712,962

Up $1,801,160 (+37%) from 2013

Net Income

$497,012

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$30M$20M$10M$0Assets 2012: $1,767,726Liabilities 2012: $914,019Net Assets 2012: $853,7072012Assets 2013: $2,413,489Liabilities 2013: $1,251,725Net Assets 2013: $1,161,7642013Assets 2014: $2,914,018Liabilities 2014: $1,090,000Net Assets 2014: $1,824,0182014Assets 2015: $3,596,668Liabilities 2015: $904,875Net Assets 2015: $2,691,7932015Assets 2016: $2,956,987Liabilities 2016: $1,065,170Net Assets 2016: $1,891,8172016Assets 2017: $4,704,272Liabilities 2017: $3,356,123Net Assets 2017: $1,348,1492017Assets 2018: $5,100,204Liabilities 2018: $3,998,250Net Assets 2018: $1,101,9542018Assets 2019: $4,660,787Liabilities 2019: $3,360,430Net Assets 2019: $1,300,3572019Assets 2020: $7,433,257Liabilities 2020: $5,879,145Net Assets 2020: $1,554,1122020Assets 2021: $8,656,644Liabilities 2021: $4,769,875Net Assets 2021: $3,886,7692021Assets 2022: $9,307,537Liabilities 2022: $4,416,533Net Assets 2022: $4,891,0042022Assets 2023: $26,503,525Liabilities 2023: $21,489,547Net Assets 2023: $5,013,9782023Assets 2024: $25,602,062Liabilities 2024: $19,532,954Net Assets 2024: $6,069,1082024Assets 2025: $28,351,298Liabilities 2025: $18,152,927Net Assets 2025: $10,198,3712025

Highlighted filing

2014

Assets$2,914,018
Liabilities$1,090,000
Net Assets$1,824,018

Operations Trend

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

$30M$20M$10M$0-$10MExpenses 2012: $3,379,0922012Expenses 2013: $4,911,8022013Revenue 2014: $7,209,974Expenses 2014: $6,712,962Net Income 2014: $497,0122014Revenue 2015: $11,784,030Expenses 2015: $10,916,255Net Income 2015: $867,7752015Revenue 2016: $14,622,860Expenses 2016: $15,422,836Net Income 2016: -$799,9762016Revenue 2017: $14,743,338Expenses 2017: $15,287,006Net Income 2017: -$543,6682017Revenue 2018: $17,053,612Expenses 2018: $16,857,473Net Income 2018: $196,1392018Revenue 2019: $17,262,765Expenses 2019: $17,037,884Net Income 2019: $224,8812019Revenue 2020: $16,276,708Expenses 2020: $16,022,953Net Income 2020: $253,7552020Revenue 2021: $20,001,670Expenses 2021: $17,669,013Net Income 2021: $2,332,6572021Revenue 2022: $22,366,734Expenses 2022: $21,362,499Net Income 2022: $1,004,2352022Revenue 2023: $21,305,219Expenses 2023: $21,182,245Net Income 2023: $122,9742023Revenue 2024: $20,126,755Expenses 2024: $19,071,625Net Income 2024: $1,055,1302024Revenue 2025: $21,746,259Expenses 2025: $17,616,996Net Income 2025: $4,129,2632025

Highlighted filing

2014

Revenue$7,209,974
Expenses$6,712,962
Net Income$497,012
Jump To
Filing Snapshot
Filing Period
Jul 1, 2013 to Jun 30, 2014
Signed
Feb 11, 2015
Return Version
2013v4.0
Gross Receipts
$7,209,974
Mission and Program Overview

Mission

Ace creates a welcoming community focused on growth to help students, especially those who have been neglected, see they belong in school. By learning optimism, self-confidence and ambition, students are poised to thrive in college and beyond.

Operates as a california charter school.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$632,385$1,698,198▲ $1,065,813
Accounts Receivable$1,628,144$1,065,755▼ $562,389
Land, Buildings, and Equipment, Net$97,904$87,631▼ $10,273
Prepaid Expenses and Deferred Charges$55,056$62,434▲ $7,378
Total Assets$2,413,489$2,914,018▲ $500,529
Liabilities
Unsecured Notes Loans Payable$775,000$687,500▼ $87,500
Accounts Payable and Accrued Expenses$476,725$370,370▼ $106,355
Deferred Revenue-$32,130-
Total Liabilities$1,251,725$1,090,000▼ $161,725
Net Assets / Fund Balance
Unrestricted Net Assets$1,161,764$1,824,018▲ $662,254
Total Net Assets Fund Balance$1,161,764$1,824,018▲ $662,254
Total Liabilities and Net Assets / Fund Balance$2,413,489$2,914,018▲ $500,529

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$87,631$34,632$122,263
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Greg LippmanExecutive DiFT$146,214$2,924$149,138
Shawn GerthDirector ofFT$127,740$13,413$141,153
Elena LunaPrincipalFT$123,206$13,296$136,502
Michael AbbottDirector ofFT$117,011$8,190$125,201

Board Members and Trustees

NameTitle
Tamara AlvaradoPresident
Beth GonzalesBoard Member
Dr Linda MurrayBoard Member
Dr Mary LaironBoard Member
Elizabeth AlvarezBoard Member
Florina GallegosBoard Member
Manou MobedshahiBoard Member
Susan HammerSecretary
Gary RummelhoffTreasurer
Jonathan D HicksVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$7,203,263
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$6,711
All Other Contributions
$897,484
Change in Net Assets
$497,012

Audited Revenue Reconciliation

Revenue per Audited Statements
$7,209,974
Total Revenue per Audited Statements
$7,209,974
Total Revenue per Form 990
$7,209,974
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$3,871,152
Other Expenses$2,841,810
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$2,619,604$358,545-$2,978,149
Occupancy$870,093$37,776-$907,869
Fees for Services Other$476,831$161,720-$638,551
Current Officers, Directors, Trustees, and Key Employees$164,402$279,500-$443,902
Information Technology$188,951$15,795-$204,746
Other Employee Benefits$168,757--$168,757
Pension Plan Contributions$138,756$21,155-$159,911
Office Expenses$127,714$21,756-$149,470
Payroll Taxes$86,385$34,048-$120,433
Travel$54,193$6,285-$60,478
Insurance-$57,281-$57,281
Advertising$47,788$4,074-$51,862
Fees for Services Management-$40,110-$40,110
Fees for Services Legal$1,830$24,364-$26,194
Conferences and Meetings$9,380$10,426-$19,806
Other Expenses$18,093$12,256-$18,093
Depreciation Depletion$17,434--$17,434
Fees for Services Accounting-$12,307-$12,307
All Other Expenses$9,952--$9,952
Interest-$4,678-$4,678
Total Functional Expenses$5,610,886$1,102,076$0$6,712,962

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$6,712,962
Total Expenses per Audited Statements$6,712,962
Total Expenses per Form 990$6,712,962
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
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
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

The 990 return is initially reviewed by management and then reviewed by the board prior to filing the return.

Form 990, Page 6, Part VI, Line 12C

In connection with any actual or possible conflict of interest, an interested person must disclose the existence of the financial interest and be given the opportunity to disclose all material facts to the directors and members of committees considering the proposed transaction or arrangement. After disclosure of the financial interest and all material facts, and after any discussion with the interested person, he/she shall leave the board of directors meeting while the determination of a conflict of interest is discussed and voted upon. The remaining board members shall decide if a conflict of interest existis. While this has not been done as rigorously as policy specifies, general awareness of coi requirements have been observed. The policy schedule will be followed in the future.

Form 990, Page 6, Part VI, Line 15A

The process includes all of these elements: (1) review and approval by the board (2) use of data as to comparable compensation; and (3) contemporaneous documentation and recordkeeping.

Form 990, Page 6, Part VI, Line 18

The school provides a copy of the 990 to the public upon request.

Form 990, Page 6, Part VI, Line 19

The school provides its governing documents, conflict of interest policy and financial statements to the public upon request.

Filing and Contact Details

Filer

EIN
26-1570590
Phone
4082956008

Signing Officer

Name
Michael Abbott
Title
Director of Finance
Phone
4082956008
Signed
2015-02-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Michael Abbott
Formed
2008
Legal Domicile
CA
Voting Board Members
10
Independent Board Members
10
Employees
120

Preparer

Preparer
Wade Mcmullen CPA
Phone
6268577300
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9

Inclusion of cmo activities 165,242 in the prior years the activity of the charter management organization was not included in the tax return. The current tax return now includes all activities of the organization.

Financial Statement Notes

Schedule D, Page 3, Part X

The organization is a non-profit entity exempt from the payment of income taxes under internal revenue code section 501(c)(3) and california revenue and taxation code section 23701d. Accordingly, no provision has been made for income taxes. Management has determined that all income tax positions are more likely than not of being sustained upon potential audit or examination; therefore, no disclosures of uncertain income tax positions are required. The school files informational returns in the u.s. Federal jurisdiction, and the state of california. The statute of limitations for federal and california state purposes is generally three and four years, respectively.

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IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt034632
IRS990/LandBldgEquipBasisNetGrp/BOYAmt097904
IRS990/LandBldgEquipBasisNetGrp/EOYAmt087631
IRS990/LandBldgEquipCostOrOtherBssAmt0122263
IRS990/LegalDomicileStateCd0CA
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0OPERATES AS A CALIFORNIA CHARTER SCHOOL.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt01161764
IRS990/NetAssetsOrFundBalancesEOYAmt01824018
IRS990/NoncashContributionsAmt03000
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ManagementAndGeneralAmt037776
IRS990/OccupancyGrp/ProgramServicesAmt0870093
IRS990/OccupancyGrp/TotalAmt0907869
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt021756
IRS990/OfficeExpensesGrp/ProgramServicesAmt0127714
IRS990/OfficeExpensesGrp/TotalAmt0149470
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt0165242
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0168757
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0168757
IRS990/OtherExpensesGrp/Desc0STUDENT MEALS
IRS990/OtherExpensesGrp/Desc1BOOKS AND SUPPLIES
IRS990/OtherExpensesGrp/Desc2ALL OTHER EXPENSES
IRS990/OtherExpensesGrp/Desc3COMMUNITY OUTREACH
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt012256
IRS990/OtherExpensesGrp/ProgramServicesAmt0419851
IRS990/OtherExpensesGrp/ProgramServicesAmt1179105
IRS990/OtherExpensesGrp/ProgramServicesAmt211767
IRS990/OtherExpensesGrp/ProgramServicesAmt318093
IRS990/OtherExpensesGrp/TotalAmt0419851
IRS990/OtherExpensesGrp/TotalAmt1179105
IRS990/OtherExpensesGrp/TotalAmt224023
IRS990/OtherExpensesGrp/TotalAmt318093
IRS990/OtherInd0X
IRS990/OtherRevenueMiscGrp/Desc0OTHER REVENUE
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt06711
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt06711
IRS990/OtherRevenueTotalAmt06711
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0358545
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt02619604
IRS990/OtherSalariesAndWagesGrp/TotalAmt02978149
IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt034048
IRS990/PayrollTaxesGrp/ProgramServicesAmt086385
IRS990/PayrollTaxesGrp/TotalAmt0120433
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt021155
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt0138756
IRS990/PensionPlanContributionsGrp/TotalAmt0159911
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt055056
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt062434
IRS990/PrincipalOfficerNm0MICHAEL ABBOTT
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt05217491
IRS990/PYExcessBenefitTransInd0false
IRS990/PYOtherExpensesAmt02599083
IRS990/PYOtherRevenueAmt02368
IRS990/PYRevenuesLessExpensesAmt0308057
IRS990/PYSalariesCompEmpBnftPaidAmt02312719
IRS990/PYTotalExpensesAmt04911802
IRS990/PYTotalRevenueAmt05219859
IRS990/ReconcilationRevenueExpnssAmt0497012
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990ScheduleA/SchoolInd0X
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/ScheduleBRequiredInd0true
IRS990ScheduleD/EquipmentGrp/BookValueAmt087631
IRS990ScheduleD/EquipmentGrp/DepreciationAmt034632
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0122263
IRS990ScheduleD/ExpensesSubtotalAmt06712962
IRS990ScheduleD/RevenueSubtotalAmt07209974
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION IS A NON-PROFIT ENTITY EXEMPT FROM THE PAYMENT OF INCOME TAXES UNDER INTERNAL REVENUE CODE SECTION 501(C)(3) AND CALIFORNIA REVENUE AND TAXATION CODE SECTION 23701D. ACCORDINGLY, NO PROVISION HAS BEEN MADE FOR INCOME TAXES. MANAGEMENT HAS DETERMINED THAT ALL INCOME TAX POSITIONS ARE MORE LIKELY THAN NOT OF BEING SUSTAINED UPON POTENTIAL AUDIT OR EXAMINATION; THEREFORE, NO DISCLOSURES OF UNCERTAIN INCOME TAX POSITIONS ARE REQUIRED. THE SCHOOL FILES INFORMATIONAL RETURNS IN THE U.S. FEDERAL JURISDICTION, AND THE STATE OF CALIFORNIA. THE STATUTE OF LIMITATIONS FOR FEDERAL AND CALIFORNIA STATE PURPOSES IS GENERALLY THREE AND FOUR YEARS, RESPECTIVELY.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 3, PART X
IRS990ScheduleD/TotalBookValueLandBuildingsAmt087631
IRS990ScheduleD/TotalExpensesPerForm990Amt06712962
IRS990ScheduleD/TotalRevenuePerForm990Amt07209974
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt07209974
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt06712962
IRS990ScheduleE/ComplianceWithRevProc7550Ind0true
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd0false
IRS990ScheduleE/DiscriminateRaceAthltProgInd0false
IRS990ScheduleE/DiscriminateRaceEducPlcyInd0false
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd0false
IRS990ScheduleE/DiscriminateRaceOtherActyInd0false
IRS990ScheduleE/DiscriminateRaceSchsInd0false
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd0false
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd0false
IRS990ScheduleE/GovernmentFinancialAidRcvdInd0true
IRS990ScheduleE/GovernmentFinancialAidRvkdInd0false
IRS990ScheduleE/MaintainCpyOfAllSolInd0true
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd0true
IRS990ScheduleE/MaintainRacialCompRecsInd0true
IRS990ScheduleE/MaintainScholarshipsRecsInd0false
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd0true
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd0true
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd0true
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0ALL STUDENT ENROLLMENT MATERIALS CLEARLY STATE THE POLICY, THOSE MATERIALS ARE MAILED OUT TO THOUSANDS OF HOUSEHOLDS IN SAN JOSE CA.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1NO RECORDS DOCUMENTING THAT SCHOLARSHIPS AND OTHER FINANCIAL ASSISTANCE AWARDED ARE MAINTAINED AS THE SCHOOL PROVIDES NO SCHOLARSHIPS OR FINANCIAL ASSISTANCE.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt2ACE CHARTER SCHOOL IS A PUBLIC CHARTER SCHOOL PRINCIPALLY FUNDED BY CALIFORNIA AND FEDERAL MONIES RECEIVED THROUGH THE CALIFORNIA DEPARTMENT OF EDUCATION.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, LINE 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE E, LINE 4
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc2SCHEDULE E, LINE 6
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE 990 RETURN IS INITIALLY REVIEWED BY MANAGEMENT AND THEN REVIEWED BY THE BOARD PRIOR TO FILING THE RETURN.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1IN CONNECTION WITH ANY ACTUAL OR POSSIBLE CONFLICT OF INTEREST, AN INTERESTED PERSON MUST DISCLOSE THE EXISTENCE OF THE FINANCIAL INTEREST AND BE GIVEN THE OPPORTUNITY TO DISCLOSE ALL MATERIAL FACTS TO THE DIRECTORS AND MEMBERS OF COMMITTEES CONSIDERING THE PROPOSED TRANSACTION OR ARRANGEMENT. AFTER DISCLOSURE OF THE FINANCIAL INTEREST AND ALL MATERIAL FACTS, AND AFTER ANY DISCUSSION WITH THE INTERESTED PERSON, HE/SHE SHALL LEAVE THE BOARD OF DIRECTORS MEETING WHILE THE DETERMINATION OF A CONFLICT OF INTEREST IS DISCUSSED AND VOTED UPON. THE REMAINING BOARD MEMBERS SHALL DECIDE IF A CONFLICT OF INTEREST EXISTIS. WHILE THIS HAS NOT BEEN DONE AS RIGOROUSLY AS POLICY SPECIFIES, GENERAL AWARENESS OF COI REQUIREMENTS HAVE BEEN OBSERVED. THE POLICY SCHEDULE WILL BE FOLLOWED IN THE FUTURE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE PROCESS INCLUDES ALL OF THESE ELEMENTS: (1) REVIEW AND APPROVAL BY THE BOARD (2) USE OF DATA AS TO COMPARABLE COMPENSATION; AND (3) CONTEMPORANEOUS DOCUMENTATION AND RECORDKEEPING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE SCHOOL PROVIDES A COPY OF THE 990 TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE SCHOOL PROVIDES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5INCLUSION OF CMO ACTIVITIES 165,242 IN THE PRIOR YEARS THE ACTIVITY OF THE CHARTER MANAGEMENT ORGANIZATION WAS NOT INCLUDED IN THE TAX RETURN. THE CURRENT TAX RETURN NOW INCLUDES ALL ACTIVITIES OF THE ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART XI, LINE 9
IRS990ScheduleR/AssetExchangeInd0false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/DivRelatedOrganizationInd0false
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd0false
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine10NA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine10ACE CHARTER SCHOOL FOUNDATION INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0451606949
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501 C3
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0CA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0SUPPORT
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt011A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine101100 SHASTA AVENUE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/City0SAN JOSE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/State0CA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCode095126
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd0false
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd0false
IRS990ScheduleR/PaidEmployeesSharingInd0false
IRS990ScheduleR/PerformOfServicesByOtherOrgInd0false
IRS990ScheduleR/PerformOfServicesForOthOrgInd0false
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd0false
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd0false
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd0false
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd0false
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd0true
IRS990ScheduleR/SharingOfFacilitiesInd0false
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt0484992
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0FAIR MARKET VALUE
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine10ACE CHARTER SCHOOL
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0K
IRS990ScheduleR/TransferFromOtherOrgInd0false
IRS990ScheduleR/TransferToOtherOrgInd0false

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$28.4$18.2$10.2$21.7$17.6$4.13
2024Detailed filing. Detailed filing data is available for this year.$25.6$19.5$6.07$20.1$19.1$1.06
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$26.5$21.5$5.01$21.3$21.2$0.12
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$9.31$4.42$4.89$22.4$21.4$1.00
2021Detailed filing. Detailed filing data is available for this year.$8.66$4.77$3.89$20.0$17.7$2.33
2020Detailed filing. Detailed filing data is available for this year.$7.43$5.88$1.55$16.3$16.0$0.25
2019Detailed filing. Detailed filing data is available for this year.$4.66$3.36$1.30$17.3$17.0$0.22
2018Detailed filing. Detailed filing data is available for this year.$5.10$4.00$1.10$17.1$16.9$0.20
2017Detailed filing. Detailed filing data is available for this year.$4.70$3.36$1.35$14.7$15.3$0.54
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.96$1.07$1.89$14.6$15.4$0.80
2015Detailed filing. Detailed filing data is available for this year.$3.60$0.90$2.69$11.8$10.9$0.87
2014Detailed filing. Detailed filing data is available for this year.$2.91$1.09$1.82$7.21$6.71$0.50
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.41$1.25$1.16$4.91
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.77$0.91$0.85$3.38