Civic Intelligence

The Ace Foundation

EIN 32-0440650 • 501(c)3 • Santa Monica, CA

Profile

THE CHARITY IS ORGANIZED AND SHALL BE OPERATED EXCLUSIVELY FOR CHARITABLE PURPOSES WITHIN THE MEANING OF SECTION 501(c)(3) OF THE UNITED STATES INTERNAL REVENUE CODE OF 1986. SPECIFICALLY THE NATURE OF THE CHARITY SHALL INCLUDE (i)ESTABLISHING AND OPERATING IN AND OUT OF SCHOOL PROGRAMS FOR THE YOUTH IN URBAN, LOW-INCOME COMMUNITIES; (ii)increasing the knowledge of the sport among the general public through educational programs; (iii) MAKING CHARITABLE CONTRIBUTIONS AND GRANTS TO NONPROFIT ORGANIZTIONS EXEMPT FROM FEDERAL INCOME TAX UNDER THE CODE

1158 26th StreetSanta Monica, CA 90403

n/A

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2017

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.

Source year 2017

Net Margin

9th percentile

-112%

Higher net margin than 9% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2017

Top Officer Pay

84th percentile

$0

Higher top officer pay than 84% of similar nonprofits.

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

501(c)3 • <$500k nonprofits • Source year 2016

Asset Growth

10th percentile

-90%

Faster asset growth than 10% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Revenue Growth

8th percentile

-82%

Faster revenue growth than 8% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Assets

Down

$7,235

Down $67,492 (-90%) from 2016

Liabilities

-

No earlier filing loaded for comparison.

Net Assets

Down

$7,235

Down $67,492 (-90%) from 2016

Revenue

Down

$60,013

Down $270,340 (-82%) from 2016

Expenses

Down

$127,505

Down $132,164 (-51%) from 2016

Net Income

Down

-$67,492

Down $138,176 (-195%) from 2016

Trend Graphs

Balance Sheet Trend

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

$6.0M$4.0M$2.0M$0Assets 2014: $4,589,749Liabilities 2014: $3,400Net Assets 2014: $4,586,3492014Assets 2016: $74,727Liabilities 2016: $0Net Assets 2016: $74,7272016Assets 2017: $7,235Net Assets 2017: $7,2352017

Highlighted filing

2017

Assets$7,235
Liabilities-
Net Assets$7,235

Operations Trend

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

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2014: $4,850,157Expenses 2014: $263,808Net Income 2014: $4,586,3492014Revenue 2016: $330,353Expenses 2016: $259,669Net Income 2016: $70,6842016Revenue 2017: $60,013Expenses 2017: $127,505Net Income 2017: -$67,4922017

Highlighted filing

2017

Revenue$60,013
Expenses$127,505
Net Income-$67,492

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Nov 19, 2018
Return Version
2017v2.2
Gross Receipts
$60,013
Mission and Program Overview

Mission

THE CHARITY IS ORGANIZED AND SHALL BE OPERATED EXCLUSIVELY FOR CHARITABLE PURPOSES WITHIN THE MEANING OF SECTION 501(c)(3) OF THE UNITED STATES INTERNAL REVENUE CODE OF 1986. SPECIFICALLY THE NATURE OF THE CHARITY SHALL INCLUDE (i)ESTABLISHING AND OPERATING IN AND OUT OF SCHOOL PROGRAMS FOR THE YOUTH IN URBAN, LOW-INCOME COMMUNITIES; (ii)increasing the knowledge of the sport among the general public through educational programs; (iii) MAKING CHARITABLE CONTRIBUTIONS AND GRANTS TO NONPROFIT ORGANIZTIONS EXEMPT FROM FEDERAL INCOME TAX UNDER THE CODE

The charity is organized and shall be operated exclusively for charitable purposes within the meaning of section 501(c)(30 of the united states internal revenue code of 1986.specifically, the nature of the charity shall include (i) establishing and operating in and out of school programs for the youth in urban, low-income communities; (ii) increasing the knowledge of the sport among the general public through educational programs; (iii) making charitable contributions and grants to nonprofit organizations exempt from federal income tax under the code.

Program Services

DescriptionGrantsExpenses
CONSULTING SERVICES$108,124$60,000
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
ERIC PULIERPres/CEO/DirectorPT$0--
ANDREW GOLDSTEINSec/DirectorPT$0--
Filing and Contact Details

Filer

Filer Name
The Ace Foundation
EIN
32-0440650
Phone
3107211655
Address
1158 26TH STREET, SANTA MONICA, CA 90403

Signing Officer

Name
Eric Pulier
Title
CEO/director
Signed
2018-11-19
Discuss with paid preparer
Yes

Preparer

Firm
Handler Thayer Llp
Address
191 N Wacker Drive Suite 2300, Chicago, IL 60606
Preparer
Michael D Whitty
Phone
3126412100
Supplemental Narrative

Additional Explanations

Other Expenses.1

Bank service charges $190

Raw XML Appendix124 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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IRS990EZ/BooksInCareOfDetail/PersonNm0ERIC PULIER
IRS990EZ/BooksInCareOfDetail/PhoneNum03107211655
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt01158 26TH STREET 575
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0SANTA MONICA
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd090403
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt074727
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt07235
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt060000
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-67492
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt0127315
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form720FiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt074727
IRS990EZ/Form990TotalAssetsGrp/EOYAmt07235
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GrossReceiptsAmt060013
IRS990EZ/GrossReceiptsForPublicUseAmt00
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InitiationFeesAndCapContriAmt00
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IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1SEC/DIR
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
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IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt0190
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0THE CHARITY IS ORGANIZED AND SHALL BE OPERATED EXCLUSIVELY FOR CHARITABLE PURPOSES WITHIN THE MEANING OF SECTION 501(C)(30 OF THE UNITED STATES INTERNAL REVENUE CODE OF 1986.SPECIFICALLY, THE NATURE OF THE CHARITY SHALL INCLUDE (I) ESTABLISHING AND OPERATING IN AND OUT OF SCHOOL PROGRAMS FOR THE YOUTH IN URBAN, LOW-INCOME COMMUNITIES; (II) INCREASING THE KNOWLEDGE OF THE SPORT AMONG THE GENERAL PUBLIC THROUGH EDUCATIONAL PROGRAMS; (III) MAKING CHARITABLE CONTRIBUTIONS AND GRANTS TO NONPROFIT ORGANIZATIONS EXEMPT FROM FEDERAL INCOME TAX UNDER THE CODE.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0CONSULTING SERVICES
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt0108124
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt060000
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/RelatedOrgSect527OrgInd0false
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0CA
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt0127505
IRS990EZ/TotalProgramServiceExpensesAmt0108124
IRS990EZ/TotalRevenueAmt060013
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt060000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0330334
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0980
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt04850000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt05241314
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt019
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0157
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0176
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.00000
IRS990ScheduleA/PublicSupportTotal170Amt0210640
IRS990ScheduleA/SubstantialContributorsTotAmt05030674
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt060000
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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0980
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt04850000
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt05241314
IRS990ScheduleA/TotalSupportAmt05241490
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0BANK SERVICE CHARGES $190
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Other Expenses.1
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0ERIC PULIER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CEO/DIRECTOR
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-11-19
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0THE ACE FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0ACEF
ReturnHeader/Filer/EIN0320440650
ReturnHeader/Filer/PhoneNum03107211655
ReturnHeader/Filer/USAddress/AddressLine1Txt01158 26TH STREET
ReturnHeader/Filer/USAddress/CityNm0SANTA MONICA
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd090403
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0263961688
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0HANDLER THAYER LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0191 N Wacker Drive Suite 2300
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Chicago
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd060606
ReturnHeader/PreparerPersonGrp/PhoneNum03126412100
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Michael D Whitty
ReturnHeader/ReturnTs02018-11-19T15:17:36-08:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02017-01-01
ReturnHeader/TaxPeriodEndDt02017-12-31
ReturnHeader/TaxYr02017

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