Civic Intelligence

Ace Charter School

990 • Fiscal year 2018 • EIN 26-1570590

Jul 01, 2017 to Jun 30, 2018 • Filed on May 10, 2019

Organization ProfileWWW.ACECHARTER.ORG

View Organization Page

1100 Shasta Ave 250San Jose, CA 95126

(408) 295-6008

Siviq Scores

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

Liabilities / Assets

85th percentile

0.78x

Higher debt load relative to assets than 85% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2018

Liabilities / Revenue

51st percentile

0.23x

Higher debt load relative to revenue than 51% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2018

Net Margin

42nd percentile

1.2%

Higher net margin than 42% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2018

Top Officer Pay

63rd percentile

$216,774

Higher top officer pay than 63% of similar nonprofits.

Top officer pay equals 1.3% of source-year revenue.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2018

Asset Growth

71st percentile

8.4%

Faster asset growth than 71% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2017 to 2018

Revenue Growth

73rd percentile

16%

Faster revenue growth than 73% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets85th percentile

Assets

Up

$5,100,204

Up $395,932 (+8.4%) from 2017

Net Assets

Down

$1,101,954

Down $246,195 (-18%) from 2017

Liabilities

Up

$3,998,250

Up $642,127 (+19%) from 2017

Revenue And Expenses
Liabilities / Revenue51st percentileNet Margin42nd percentile

Revenue

Up

$17,053,612

Up $2,310,274 (+16%) from 2017

Expenses

Up

$16,857,473

Up $1,570,467 (+10%) from 2017

Net Income

Up

$196,139

Up $739,807 (+136%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth71st percentile

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

2018

Assets$5,100,204
Liabilities$3,998,250
Net Assets$1,101,954
Open 2018 Filing

Operations Trend

Revenue Growth73rd percentile

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

2018

Revenue$17,053,612
Expenses$16,857,473
Net Income$196,139
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
May 10, 2019
Return Version
2017v2.3
Gross Receipts
$17,053,612
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.

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. Every single student, no matter how far they have fallen behind, has the potential to achieve college and life success.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$3,147,483$2,106,988▼ $1,040,495
Land, Buildings, and Equipment, Net$74,182$1,397,116▲ $1,322,934
Accounts Receivable$1,316,294$1,383,581▲ $67,287
Prepaid Expenses and Deferred Charges$166,313$212,519▲ $46,206
Total Assets$4,704,272$5,100,204▲ $395,932
Liabilities
Unsecured Notes Loans Payable$2,112,166$2,802,690▲ $690,524
Accounts Payable and Accrued Expenses$1,243,957$1,170,560▼ $73,397
Deferred Revenue-$25,000-
Total Liabilities$3,356,123$3,998,250▲ $642,127
Net Assets / Fund Balance
Unrestricted Net Assets$1,348,149$1,101,954▼ $246,195
Total Net Assets Fund Balance$1,348,149$1,101,954▼ $246,195
Total Liabilities and Net Assets / Fund Balance$4,704,272$5,100,204▲ $395,932

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$1,348,425$34,575$1,383,000
Equipment$48,691$119,916$168,607
Compensation and Service Providers
Top Officer Pay63rd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Greg LippmanExecutive DirectorFT$199,861$16,913$216,774
Shawn GerthDirector of VisionFT$169,985$30,183$200,168
Naganath MahalingamDirector of FinanceFT$158,945$18,994$177,939
Jashve WorthyPrincipalFT$131,814$29,025$160,839
Aaron SrugisLead TeacherFT$128,586$27,528$156,114
Keyur ShahVice PrincipalFT$131,800$23,673$155,473
Antonius WidiartoIt ManagerFT$122,166$18,996$141,162

Board Members and Trustees

NameTitle
Tania WilcoxPresident
Anil KumarBoard Member
Dr Mary LaironBoard Member
Elizabeth AlvarezBoard Member
Eric GonzalesBoard Member
Gabriel ManjerrezBoard Member
Jill CaseBoard Member
Kevin KaeferBoard Member
Perla CastilloBoard Member
Dr Linda MurraySecretary
Gary RummelhoffTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Adriana San Millan School LLCSubstitute Teachers305 VINEYARD TOWN CENTER SCHOOL LL, Morgan Hill, CA 95037$376,175
Revenue and Support

Revenue Composition

Contributions and Grants
$16,922,731
Program Service Revenue
$0
Investment Income
$5,354
Other Revenue
$125,527
All Other Contributions
$1,775,596
Change in Net Assets
$196,139

Audited Revenue Reconciliation

Revenue per Audited Statements
$17,053,612
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$17,053,612
Total Revenue per Form 990
$17,053,612
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$10,826,834
Other Expenses$6,030,639
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$6,932,044$1,502,877-$8,434,921
Fees for Services Other$1,511,466$89,328-$1,600,794
Occupancy$1,196,492$30,589-$1,227,081
Pension Plan Contributions$783,168$91,825-$874,993
Other Employee Benefits$665,637$125,377-$791,014
Office Expenses$491,305$225,435-$716,740
Current Officers, Directors, Trustees, and Key Employees$338,720$69,376-$408,096
Travel$354,147$9,212-$363,359
Payroll Taxes$221,250$96,560-$317,810
Information Technology$157,452$34,089-$191,541
All Other Expenses$110,056$25,433-$135,489
Fees for Services Management-$122,165-$122,165
Other Expenses$336,821$115,684-$115,684
Advertising$21,865$70,956-$92,821
Insurance-$87,120-$87,120
Conferences and Meetings$56,563$25,997-$82,560
Fees for Services Legal-$69,374-$69,374
Depreciation Depletion$60,066--$60,066
Fees for Services Accounting-$51,240-$51,240
Interest-$44,417-$44,417
Total Functional Expenses$13,970,419$2,887,054$0$16,857,473

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$16,857,473
Total Expenses per Audited Statements$16,857,473
Total Expenses per Form 990$16,857,473
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
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, Part VI, Section B, Line 11B

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

Form 990, Part VI, Section B, 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. Additionally, annually all board members are required to complete and sign form 700.”

Form 990, Part VI, Section B, 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, Part VI, Section C, Line 18

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

Form 990, Part VI, Section C, 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

Filer Name
Ace Charter School
EIN
26-1570590
Phone
4082956008
Address
1100 SHASTA AVE 250, SAN JOSE, CA 95126

Signing Officer

Name
Naganath Mahalingam
Title
Director of Finance
Phone
4082956008
Signed
2019-05-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Naganath Mahalingam
Formed
2008
Legal Domicile
CA
Voting Board Members
11
Independent Board Members
11
Employees
191
Volunteers
28

Preparer

Firm
Cliftonlarsonallen Llp
Address
2210 EAST ROUTE 66, GLENDORA, CA 91740
Preparer
Wade Mcmullen
Phone
6268577300
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

“Transfer to related entity -442,334.”

Financial Statement Notes

PART X, LINE 2:

“The school 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.”

Raw XML AppendixShowing 400 of 654 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
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt01243957
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt01170560
IRS990/AccountsReceivableGrp/BOYAmt01316294
IRS990/AccountsReceivableGrp/EOYAmt01383581
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0ACE 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. EVERY SINGLE STUDENT, NO MATTER HOW FAR THEY HAVE FALLEN BEHIND, HAS THE POTENTIAL TO ACHIEVE COLLEGE AND LIFE SUCCESS.
IRS990/AdvertisingGrp/ManagementAndGeneralAmt070956
IRS990/AdvertisingGrp/ProgramServicesAmt021865
IRS990/AdvertisingGrp/TotalAmt092821
IRS990/AllOtherContributionsAmt01775596
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt025433
IRS990/AllOtherExpensesGrp/ProgramServicesAmt0110056
IRS990/AllOtherExpensesGrp/TotalAmt0135489
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0NAGANATH MAHALINGAM
IRS990/BooksInCareOfDetail/PhoneNum04082956008
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt01100 SHASTA AVE 250
IRS990/BooksInCareOfDetail/USAddress/CityNm0SAN JOSE
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd095126
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt03147483
IRS990/CashNonInterestBearingGrp/EOYAmt02106988
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt01
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt069376
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt0338720
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0408096
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd00
IRS990/ConferencesMeetingsGrp/ManagementAndGeneralAmt025997
IRS990/ConferencesMeetingsGrp/ProgramServicesAmt056563
IRS990/ConferencesMeetingsGrp/TotalAmt082560
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd01
IRS990/ContractorCompensationGrp/CompensationAmt0376175
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt0305 VINEYARD TOWN CENTER SCHOOL LL
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm0MORGAN HILL
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd0CA
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd095037
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt0ADRIANA SAN MILLAN SCHOOL LLC
IRS990/ContractorCompensationGrp/ServicesDesc0SUBSTITUTE TEACHERS
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt016922731
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt05354
IRS990/CYOtherExpensesAmt06030639
IRS990/CYOtherRevenueAmt0125527
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0196139
IRS990/CYSalariesCompEmpBnftPaidAmt010826834
IRS990/CYTotalExpensesAmt016857473
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt017053612
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DeferredRevenueGrp/EOYAmt025000
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/ProgramServicesAmt060066
IRS990/DepreciationDepletionGrp/TotalAmt060066
IRS990/Desc0A CHARTER SCHOOL PROVIDING EDUCATIONAL OPPORTUNITIES TO THE SURROUNDING COMMUNITY.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt0191
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt013970419
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditPerformedInd01
IRS990/FederalGrantAuditRequiredInd01
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt051240
IRS990/FeesForServicesAccountingGrp/TotalAmt051240
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt069374
IRS990/FeesForServicesLegalGrp/TotalAmt069374
IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt0122165
IRS990/FeesForServicesManagementGrp/TotalAmt0122165
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt089328
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt01511466
IRS990/FeesForServicesOtherGrp/TotalAmt01600794
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt02.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt12.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt22.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt32.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt42.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt52.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt62.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt72.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt82.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt92.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt102.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1140.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1240.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1340.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1440.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1540.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1640.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1740.00
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd0X
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd1X
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd2X
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd3X
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd10X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1116913
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1218994
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1330183
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1427528
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1529025
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1623673
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1718996
IRS990/Form990PartVIISectionAGrp/PersonNm0TANIA WILCOX
IRS990/Form990PartVIISectionAGrp/PersonNm1GARY RUMMELHOFF
IRS990/Form990PartVIISectionAGrp/PersonNm2DR LINDA MURRAY
IRS990/Form990PartVIISectionAGrp/PersonNm3ELIZABETH ALVAREZ
IRS990/Form990PartVIISectionAGrp/PersonNm4GABRIEL MANJERREZ
IRS990/Form990PartVIISectionAGrp/PersonNm5DR MARY LAIRON
IRS990/Form990PartVIISectionAGrp/PersonNm6ANIL KUMAR
IRS990/Form990PartVIISectionAGrp/PersonNm7KEVIN KAEFER
IRS990/Form990PartVIISectionAGrp/PersonNm8JILL CASE
IRS990/Form990PartVIISectionAGrp/PersonNm9ERIC GONZALES
IRS990/Form990PartVIISectionAGrp/PersonNm10PERLA CASTILLO
IRS990/Form990PartVIISectionAGrp/PersonNm11GREG LIPPMAN
IRS990/Form990PartVIISectionAGrp/PersonNm12NAGANATH MAHALINGAM
IRS990/Form990PartVIISectionAGrp/PersonNm13SHAWN GERTH
IRS990/Form990PartVIISectionAGrp/PersonNm14AARON SRUGIS
IRS990/Form990PartVIISectionAGrp/PersonNm15JASHVE WORTHY
IRS990/Form990PartVIISectionAGrp/PersonNm16KEYUR SHAH
IRS990/Form990PartVIISectionAGrp/PersonNm17ANTONIUS WIDIARTO
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt11199861
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt12158945
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt13169985
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt14128586
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt15131814
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt16131800
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt17122166
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt170
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt3BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt4BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt5BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt6BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt7BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt8BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt9BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt10BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt11EXECUTIVE DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR OF FINANCE
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR OF VISION
IRS990/Form990PartVIISectionAGrp/TitleTxt14LEAD TEACHER
IRS990/Form990PartVIISectionAGrp/TitleTxt15PRINCIPAL
IRS990/Form990PartVIISectionAGrp/TitleTxt16VICE PRINCIPAL
IRS990/Form990PartVIISectionAGrp/TitleTxt17IT MANAGER
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02008
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt011
IRS990/GovernmentGrantsAmt015147135
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt017053612
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt011
IRS990/IndivRcvdGreaterThan100KCnt013
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt034089
IRS990/InformationTechnologyGrp/ProgramServicesAmt0157452
IRS990/InformationTechnologyGrp/TotalAmt0191541
IRS990/InsuranceGrp/ManagementAndGeneralAmt087120
IRS990/InsuranceGrp/TotalAmt087120
IRS990/InterestGrp/ManagementAndGeneralAmt044417
IRS990/InterestGrp/TotalAmt044417
IRS990/InvestmentIncomeGrp/ExclusionAmt05354
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt05354
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt052
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0154491
IRS990/LandBldgEquipBasisNetGrp/BOYAmt074182
IRS990/LandBldgEquipBasisNetGrp/EOYAmt01397116
IRS990/LandBldgEquipCostOrOtherBssAmt01551607
IRS990/LegalDomicileStateCd0CA
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0ACE 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. EVERY SINGLE STUDENT, NO MATTER HOW FAR THEY HAVE FALLEN BEHIND, HAS THE POTENTIAL TO ACHIEVE COLLEGE AND LIFE SUCCESS.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt01348149
IRS990/NetAssetsOrFundBalancesEOYAmt01101954
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt030589
IRS990/OccupancyGrp/ProgramServicesAmt01196492
IRS990/OccupancyGrp/TotalAmt01227081
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0225435
IRS990/OfficeExpensesGrp/ProgramServicesAmt0491305
IRS990/OfficeExpensesGrp/TotalAmt0716740
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt0-442334
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt0125377
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0665637
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0791014
IRS990/OtherExpensesGrp/Desc0DEFERRED RENT EXPENSE
IRS990/OtherExpensesGrp/Desc1INSTRUCTIONAL MATERIALS
IRS990/OtherExpensesGrp/Desc2MEALS
IRS990/OtherExpensesGrp/Desc3DATA & ANALYTICS
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0115684
IRS990/OtherExpensesGrp/ProgramServicesAmt0392832
IRS990/OtherExpensesGrp/ProgramServicesAmt1340535
IRS990/OtherExpensesGrp/ProgramServicesAmt2336821
IRS990/OtherExpensesGrp/TotalAmt0392832
IRS990/OtherExpensesGrp/TotalAmt1340535
IRS990/OtherExpensesGrp/TotalAmt2336821
IRS990/OtherExpensesGrp/TotalAmt3115684
IRS990/OtherInd0X
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0OTHER REVENUE
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0125527
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0125527
IRS990/OtherRevenueTotalAmt0125527
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt01502877
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt06932044
IRS990/OtherSalariesAndWagesGrp/TotalAmt08434921
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt096560
IRS990/PayrollTaxesGrp/ProgramServicesAmt0221250
IRS990/PayrollTaxesGrp/TotalAmt0317810
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt091825
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt0783168
IRS990/PensionPlanContributionsGrp/TotalAmt0874993
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0166313
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0212519
IRS990/PrincipalOfficerNm0NAGANATH MAHALINGAM
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt014626140
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt04893
IRS990/PYOtherExpensesAmt05286375
IRS990/PYOtherRevenueAmt0112305
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0-543668
IRS990/PYSalariesCompEmpBnftPaidAmt010000631
IRS990/PYTotalExpensesAmt015287006
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt014743338
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0196139
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd01
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0125527
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/EquipmentGrp/BookValueAmt048691
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0119916
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0168607
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt016857473
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt01348425
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt034575
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt01383000
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt017053612
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE SCHOOL 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.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01397116
IRS990ScheduleD/TotalExpensesPerForm990Amt016857473
IRS990ScheduleD/TotalRevenuePerForm990Amt017053612
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt017053612
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt016857473
IRS990ScheduleE/ComplianceWithRevProc7550Ind01
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd00
IRS990ScheduleE/DiscriminateRaceAthltProgInd00
IRS990ScheduleE/DiscriminateRaceEducPlcyInd00
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd00
IRS990ScheduleE/DiscriminateRaceOtherActyInd00
IRS990ScheduleE/DiscriminateRaceSchsInd00
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd00
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd00
IRS990ScheduleE/GovernmentFinancialAidRcvdInd01
IRS990ScheduleE/GovernmentFinancialAidRvkdInd00
IRS990ScheduleE/MaintainCpyOfAllSolInd01
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd01
IRS990ScheduleE/MaintainRacialCompRecsInd01
IRS990ScheduleE/MaintainScholarshipsRecsInd01
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd01
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd01
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd01
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/ExplanationTxt1ACE 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, PART I, LINE 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE E, PART I, LINE 6

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2018 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$5,100,204
Liabilities
$3,998,250
Net assets
$1,101,954
Revenue
$17,053,612
Expenses
$16,857,473
Net income
$196,139
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