Civic Intelligence

Ace Development Fund Inc.

990EZ • Fiscal year 2020 • EIN 27-1923757

Jan 01, 2020 to Dec 31, 2020 • Filed on May 16, 2021

1027 Daisy Ln SWTumwater, WA 98512-6909

(360) 352-1031

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2020

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2020

Net Margin

74th percentile

25%

Higher net margin than 74% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

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

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Asset Growth

Score unavailable

No value available

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

Source year 2020

Revenue Growth

Score unavailable

No value available

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

Source year 2020

Assets

Up

$48,005

Up $28,923 (+152%) from 2012

Net Assets

Up

$48,005

Up $28,923 (+152%) from 2012

Liabilities

-

No earlier filing loaded for comparison.

Revenue

Down

$89,360

Down $1,944 (-2.1%) from 2012

Expenses

Down

$66,874

Down $20,243 (-23%) from 2012

Net Income

Up

$22,486

Up $18,299 (+437%) from 2012

Historical Trend

Balance Sheet Trend

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

$150K$100K$50K$0Assets 2010: $171Liabilities 2010: $0Net Assets 2010: $1712010Assets 2011: $14,895Liabilities 2011: $0Net Assets 2011: $14,8952011Assets 2012: $19,082Liabilities 2012: $0Net Assets 2012: $19,0822012Assets 2020: $48,005Net Assets 2020: $48,0052020Assets 2021: $93,519Net Assets 2021: $93,5192021Assets 2022: $137,167Net Assets 2022: $137,1672022Assets 2023: $122,585Net Assets 2023: $122,5852023Assets 2024: $98,420Net Assets 2024: $98,4202024

Highlighted filing

2020

Assets$48,005
Liabilities-
Net Assets$48,005

Operations Trend

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

$200K$150K$100K$50K$0-$50KRevenue 2010: $21,836Expenses 2010: $21,665Net Income 2010: $1712010Revenue 2011: $75,874Expenses 2011: $61,150Net Income 2011: $14,7242011Revenue 2012: $91,304Expenses 2012: $87,117Net Income 2012: $4,1872012Revenue 2020: $89,360Expenses 2020: $66,874Net Income 2020: $22,4862020Revenue 2021: $163,298Expenses 2021: $117,784Net Income 2021: $45,5142021Revenue 2022: $131,787Expenses 2022: $88,139Net Income 2022: $43,6482022Revenue 2023: $54,339Expenses 2023: $70,090Net Income 2023: -$15,7512023Revenue 2024: $79,157Expenses 2024: $103,322Net Income 2024: -$24,1652024

Highlighted filing

2020

Revenue$89,360
Expenses$66,874
Net Income$22,486
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
May 16, 2021
Return Version
2020v4.0
Gross Receipts
$89,360
Mission and Program Overview

Mission

Topromoteeconomicandspecialdevelopmentinlessdevelopedcommunitiesandprovidehumanitarianassistancetothepoorandsuffering.

Program Services

DescriptionGrantsExpenses
CommunityDevelopmentConsultantsandServices:events/activities1.MigrantFeedingProgramsInindiaDifferentLocationsabout3000people2.Ministrythattrainspeoplehowtostartsmallbusinessesinindia,approx30people3.Ministrythatrehabilitatesgirls,inindia.60girls4.MercyMinistryandChruchplantinginNepal,130people.5.Startschoolsamongslumares,wherethereisnoschoolinindia,3schools(180chulderns)6.YwamindiacenterstohelpforCOIVDandstartministryinnewlocationsandregistrastons.(50locationsabout12000people)$29,351$29,351
*1loanstobusinesseswithcommunitydevelopmentgoals/objectives.ThisisistheloangiventochildrensschoolinIndia.thismoneycanhelptoextandschoolbulidingandcanabletotakemorechilderns.$19,331$19,331
*2grantstovariouspartnerorganizationsinIndia,Nepal.1.FoodsDistributionsDuringCovid-19:-108families2.Solarlampfor108widowsfamilies:-108families3.ProvidingAdditionalmatureBilatyDucksfor108families:-4.Helpinglocalchurchsesthroughgoatfarmandbuy40goatsandselltheminthemarkettohelpnapalipeople.$12,258$12,258
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Elizabeth CochranePresident And CEO-$0--
David StoneBoard Member-$0--
David BoydBoard Member-$0--
Steve NovotneyBoard Member-$0--
J Daniel WiebeBoard Member-$0--
Mike DaviesBoard Member-$0--
Filing and Contact Details

Filer

Filer Name
Ace Development Fund Inc
EIN
27-1923757
In Care Of
% Victor N Ten Brink
Address
1027 DAISY LN SW, TUMWATER, WA 98512-6909

Signing Officer

Name
Elizabeth Cochrane
Title
President
Signed
2021-05-16
Supplemental Narrative

Additional Explanations

Part I, line 10

| Grants And Similar Amounts Paid:, Amount:| 1. The Oakland Public School, $19331| Class of activity: loan for business, $0| Address: The Oakland Public School Alipurduar Jn. P.O. Alipurduar Dist. West Bengal India, $0| Relationship of the grantee: none, $0| 2. Lisa Ovris, $7258| * Class of activity: In partner organization in India, $0| * Address: 852 Silverman Blvd. Upland IN 46989, $0| * Relationship of the grantee: none, $0| 3. Jivan Himalaya Goat Farm, $5000| * Class of activity: Setup for business, $0| Address : Napel, $0| 4. Relationship of the grantee: none, $0| 5. COVID Releif fund to India, $8935| 6. Other donations to hlep poor and needy ( community devlopment) to India, $17507| 7. Other donations to help setup in YWAM bases, $2909|

Part I, line 16

| Other Expenses:, Amount:| 1. Operation Expenses, $3791| 2. Meetings & Travel Expenses, $1929| 3. Miscellaneous, $214|

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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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0| Grants And Similar Amounts Paid:, Amount:| 1. The Oakland Public School, $19331| Class of activity: loan for business, $0| Address: The Oakland Public School Alipurduar Jn. P.O. Alipurduar Dist. West Bengal India, $0| Relationship of the grantee: none, $0| 2. Lisa Ovris, $7258| * Class of activity: In partner organization in India, $0| * Address: 852 Silverman Blvd. Upland IN 46989, $0| * Relationship of the grantee: none, $0| 3. Jivan Himalaya Goat Farm, $5000| * Class of activity: Setup for business, $0| Address : Napel, $0| 4. Relationship of the grantee: none, $0| 5. COVID Releif fund to India, $8935| 6. Other donations to hlep poor and needy ( community devlopment) to India, $17507| 7. Other donations to help setup in YWAM bases, $2909|
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1| Other Expenses:, Amount:| 1. Operation Expenses, $3791| 2. Meetings & Travel Expenses, $1929| 3. Miscellaneous, $214|
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Part I, line 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Part I, line 16
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/PersonNm0Elizabeth Cochrane
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-05-16
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0ACE DEVELOPMENT FUND INC
ReturnHeader/Filer/BusinessNameControlTxt0ACED
ReturnHeader/Filer/EIN0271923757
ReturnHeader/Filer/ForeignPhoneNum03603521031
ReturnHeader/Filer/InCareOfNm0% Victor N Ten Brink
ReturnHeader/Filer/USAddress/AddressLine1Txt01027 DAISY LN SW
ReturnHeader/Filer/USAddress/CityNm0TUMWATER
ReturnHeader/Filer/USAddress/StateAbbreviationCd0WA
ReturnHeader/Filer/USAddress/ZIPCd0985126909
ReturnHeader/ReturnTs02021-05-16T02:25:20-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

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