Civic Intelligence

Architecture Construction and Engineering-Ace-Charter High Schoo

990 • Fiscal year 2014 • EIN 35-2362486

Jul 01, 2013 to Jun 30, 2014 • Filed on Apr 24, 2015

570 Airport Way93010

(805) 437-1410

Siviq Scores

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

Liabilities / Assets

62nd percentile

0.23x

Higher debt load relative to assets than 62% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Liabilities / Revenue

44th percentile

0.08x

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

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Net Margin

34th percentile

-1.8%

Higher net margin than 34% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Top Officer Pay

52nd percentile

$67,288

Higher top officer pay than 52% of similar nonprofits.

Top officer pay equals 4.3% of source-year revenue.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Asset Growth

5th percentile

-23%

Faster asset growth than 5% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M 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

Down

$553,821

Down $167,397 (-23%) from 2013

Net Assets

Down

$428,333

Down $28,468 (-6.2%) from 2013

Liabilities

Down

$125,488

Down $138,929 (-53%) from 2013

Revenue

$1,551,275

No earlier filing loaded for comparison.

Expenses

Down

$1,579,743

Down $23,795 (-1.5%) from 2013

Net Income

-$28,468

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.

$2.0M$1.5M$1.0M$500K$0Assets 2012: $586,400Liabilities 2012: $277,208Net Assets 2012: $309,1922012Assets 2013: $721,218Liabilities 2013: $264,417Net Assets 2013: $456,8012013Assets 2014: $553,821Liabilities 2014: $125,488Net Assets 2014: $428,3332014Assets 2015: $429,395Liabilities 2015: $213,058Net Assets 2015: $216,3372015Assets 2016: $536,158Liabilities 2016: $282,902Net Assets 2016: $253,2562016Assets 2017: $601,545Liabilities 2017: $231,133Net Assets 2017: $370,4122017Assets 2018: $637,689Liabilities 2018: $131,641Net Assets 2018: $506,0482018Assets 2019: $845,823Liabilities 2019: $162,706Net Assets 2019: $683,1172019Assets 2020: $1,139,465Liabilities 2020: $196,937Net Assets 2020: $942,5282020Assets 2021: $1,867,230Liabilities 2021: $573,376Net Assets 2021: $1,293,8542021Assets 2022: $1,726,396Liabilities 2022: $427,736Net Assets 2022: $1,298,6602022Assets 2023: $1,403,860Liabilities 2023: $168,672Net Assets 2023: $1,235,1882023Assets 2024: $1,322,191Liabilities 2024: $207,974Net Assets 2024: $1,114,2172024

Highlighted filing

2014

Assets$553,821
Liabilities$125,488
Net Assets$428,333

Operations Trend

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

$4.0M$2.0M$0-$2.0MExpenses 2012: $1,585,1982012Expenses 2013: $1,603,5382013Revenue 2014: $1,551,275Expenses 2014: $1,579,743Net Income 2014: -$28,4682014Revenue 2015: $1,400,900Expenses 2015: $1,612,896Net Income 2015: -$211,9962015Revenue 2016: $1,951,474Expenses 2016: $1,914,555Net Income 2016: $36,9192016Revenue 2017: $2,091,603Expenses 2017: $1,974,447Net Income 2017: $117,1562017Revenue 2018: $2,392,948Expenses 2018: $2,257,312Net Income 2018: $135,6362018Revenue 2019: $2,670,159Expenses 2019: $2,493,090Net Income 2019: $177,0692019Revenue 2020: $2,773,008Expenses 2020: $2,513,597Net Income 2020: $259,4112020Revenue 2021: $3,296,799Expenses 2021: $2,945,473Net Income 2021: $351,3262021Revenue 2022: $3,377,284Expenses 2022: $3,372,478Net Income 2022: $4,8062022Revenue 2023: $3,855,261Expenses 2023: $3,918,733Net Income 2023: -$63,4722023Revenue 2024: $3,821,279Expenses 2024: $3,942,250Net Income 2024: -$120,9712024

Highlighted filing

2014

Revenue$1,551,275
Expenses$1,579,743
Net Income-$28,468
Jump To
Filing Snapshot
Filing Period
Jul 1, 2013 to Jun 30, 2014
Signed
Apr 24, 2015
Return Version
2013v4.0
Gross Receipts
$1,551,275
Mission and Program Overview

Mission

The mission of ace is to provide high school students and alternative educational opportunity to explore construction related careers through rigorous contextual, hands-on curriculum that prepares them for direct entry into college, professional apprenticeship programs, or a career.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$313,463$459,544▲ $146,081
Accounts Receivable$407,755$94,277▼ $313,478
Total Assets$721,218$553,821▼ $167,397
Liabilities
Accounts Payable and Accrued Expenses$175,732$125,488▼ $50,244
Other Liabilities$83,334--
Deferred Revenue$5,351--
Total Liabilities$264,417$125,488▼ $138,929
Net Assets / Fund Balance
Unrestricted Net Assets$456,801$428,333▼ $28,468
Total Net Assets Fund Balance$456,801$428,333▼ $28,468
Total Liabilities and Net Assets / Fund Balance$721,218$553,821▼ $167,397
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Joe ClausiDirectorFT$58,045$9,243$67,288

Board Members and Trustees

Highest Paid Contractors

ContractorServicesLocationCompensation
Ventura County Office Of EdAccounting-$130,839
Revenue and Support

Revenue Composition

Contributions and Grants
$1,466,438
Program Service Revenue
$0
Investment Income
$2,315
Other Revenue
$82,522
Change in Net Assets
$-28,468

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,551,275
Total Revenue per Audited Statements
$1,551,275
Total Revenue per Form 990
$1,551,275
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,094,372
Other Expenses$485,371
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$614,565$155,588-$770,153
Fees for Services Other$252,416$58,838-$311,254
Other Employee Benefits$135,391$34,948-$170,339
Occupancy$101,683--$101,683
Pension Plan Contributions$50,803$17,055-$67,858
Current Officers, Directors, Trustees, and Key Employees-$67,288-$67,288
Payroll Taxes$10,262$8,472-$18,734
Insurance-$9,618-$9,618
Travel$4,631--$4,631
Other Expenses$850$930-$1,780
Interest$263--$263
Total Functional Expenses$1,227,006$352,737$0$1,579,743

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,579,743
Total Expenses per Audited Statements$1,579,743
Total Expenses per Form 990$1,579,743
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
Yes
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, Page 6, Part VI, Line 11B

The executive director reviews the 990 prior to filing. The board of directors receives a copy of the 990 after it has been filed.

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

The officers, directors, and trustees all sign the conflict of interet policy on an annual basis.

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

Human resources performs market research based on industry and size when determining compensation for officers or key employees of the organization. The board reviews and approves the compensation

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

Same response as part vi section b line 15a.

Form 990, Page 6, Part VI, Line 19

The documents are readily available to the public upon request.

Filing and Contact Details

Filer

EIN
35-2362486
Phone
8054371410

Signing Officer

Name
Joe Clausi
Title
Director
Phone
8054371410
Signed
2015-04-24
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Joe Clausi
Formed
2009
Legal Domicile
CA
Voting Board Members
8
Independent Board Members
8
Employees
31
Volunteers
26

Preparer

Preparer
Tina Henton CPA
Phone
6268577300
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

The mission of ace is to provide high school students and alternative educational opportunity to explore construction related careers through rigorous contextual, hands-on curriculum that prepares them for direct entry into college, professional apprenticeship programs, or a career.

Form 990, Part IX, Line 11G

Other fees 252,416 58,838 0

Financial Statement Notes

Schedule D, Page 3, Part X

Income taxes - the school is exempt from federal and state income taxes under section 501(c)(3) of the internal revenue service code and section 23701 (d) of the california revenue and taxation code, respectively. Therefore, no provision for income taxes has been recorded. Management of the school has evaluated its tax positions and the certainty as to whether those tax positions will be sustained in the event of an audit by taxing authorities at the federal and state levels. The primary tax positions evaluated are related to the school's continued qualifications as a tax-exempt organization and whether there are unrelated business income activities conducted that would be taxable. 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.

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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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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0INCOME TAXES - THE SCHOOL IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE SERVICE CODE AND SECTION 23701 (D) OF THE CALIFORNIA REVENUE AND TAXATION CODE, RESPECTIVELY. THEREFORE, NO PROVISION FOR INCOME TAXES HAS BEEN RECORDED. MANAGEMENT OF THE SCHOOL HAS EVALUATED ITS TAX POSITIONS AND THE CERTAINTY AS TO WHETHER THOSE TAX POSITIONS WILL BE SUSTAINED IN THE EVENT OF AN AUDIT BY TAXING AUTHORITIES AT THE FEDERAL AND STATE LEVELS. THE PRIMARY TAX POSITIONS EVALUATED ARE RELATED TO THE SCHOOL'S CONTINUED QUALIFICATIONS AS A TAX-EXEMPT ORGANIZATION AND WHETHER THERE ARE UNRELATED BUSINESS INCOME ACTIVITIES CONDUCTED THAT WOULD BE TAXABLE. 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.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 3, PART X
IRS990ScheduleD/TotalExpensesPerForm990Amt01579743
IRS990ScheduleD/TotalRevenuePerForm990Amt01551275
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01551275
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01579743
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/ExplanationTxt0ARCHITECTURE, CONSTRUCTION, AND ENGINEERING CHARTER HIGH SCHOOL MAKES ITS NONDISCRIMINATROY POLICY KNOWN THROUGHT ITS WEBSITE AND ON THE STUDENT'S APPLICATION. THE SCHOOL DRAWS ITS STUDENTS FROM THE LOCAL COMMUNITY AND CURRENTLY ENROLLS STUDENTS FROM VARIOUS RACIAL MINORITY GROUPS.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1THE SCHOOL DOES NOT PROVIDE ANY SCHOLARSHIPS OR FINANCIAL ASSISTANCE.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt2THE SCHOOL RECEIVES A PER ADA FEE FROM THE CALIFORNIA DEPARTMENT OF EDUCATION FOR EVERY PUPIL ATTENDING THE SCHOOL. ADDITIONALLY THE SCHOOL IS ELIGIBLE FOR LOCAL, STATE, AND FEDERAL PROGRAMS AND CALIFORNIA LOTTERY FUNDS.
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 MISSION OF ACE IS TO PROVIDE HIGH SCHOOL STUDENTS AND ALTERNATIVE EDUCATIONAL OPPORTUNITY TO EXPLORE CONSTRUCTION RELATED CAREERS THROUGH RIGOROUS CONTEXTUAL, HANDS-ON CURRICULUM THAT PREPARES THEM FOR DIRECT ENTRY INTO COLLEGE, PROFESSIONAL APPRENTICESHIP PROGRAMS, OR A CAREER.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE EXECUTIVE DIRECTOR REVIEWS THE 990 PRIOR TO FILING. THE BOARD OF DIRECTORS RECEIVES A COPY OF THE 990 AFTER IT HAS BEEN FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE OFFICERS, DIRECTORS, AND TRUSTEES ALL SIGN THE CONFLICT OF INTERET POLICY ON AN ANNUAL BASIS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3HUMAN RESOURCES PERFORMS MARKET RESEARCH BASED ON INDUSTRY AND SIZE WHEN DETERMINING COMPENSATION FOR OFFICERS OR KEY EMPLOYEES OF THE ORGANIZATION. THE BOARD REVIEWS AND APPROVES THE COMPENSATION
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4SAME RESPONSE AS PART VI SECTION B LINE 15A.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE DOCUMENTS ARE READILY AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6OTHER FEES 252,416 58,838 0
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART IX, LINE 11G
IRS990/SchoolOperatingInd0true
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0CA
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0721218
IRS990/TotalAssetsEOYAmt0553821
IRS990/TotalAssetsGrp/BOYAmt0721218
IRS990/TotalAssetsGrp/EOYAmt0553821
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt01466438
IRS990/TotalEmployeeCnt031
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0352737
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01227006
IRS990/TotalFunctionalExpensesGrp/TotalAmt01579743
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0264417
IRS990/TotalLiabilitiesEOYAmt0125488
IRS990/TotalLiabilitiesGrp/BOYAmt0264417
IRS990/TotalLiabilitiesGrp/EOYAmt0125488
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0456801
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0428333
IRS990/TotalOtherCompensationAmt09243
IRS990/TotalProgramServiceExpensesAmt01227006
IRS990/TotalReportableCompFromOrgAmt058045
IRS990/TotalRevenueGrp/ExclusionAmt02315
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt082522
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01551275
IRS990/TotalVolunteersCnt026
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0721218
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0553821
IRS990/TravelGrp/ProgramServicesAmt04631
IRS990/TravelGrp/TotalAmt04631
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0456801
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0428333
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine10570 AIRPORT WAY
IRS990/USAddress/City0CAMARILLO
IRS990/USAddress/State0CA
IRS990/USAddress/ZIPCode093010
IRS990/VotingMembersGoverningBodyCnt08
IRS990/VotingMembersIndependentCnt08
IRS990/WebsiteAddressTxt0WWW.ACECHARTERHIGH.ORG
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02016-02-25 16:41:14Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0JOE CLAUSI
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum08054371410
ReturnHeader/BusinessOfficerGrp/SignatureDt02015-04-24
ReturnHeader/Filer/BusinessName/BusinessNameLine10ARCHITECT CONSTRUCTION
ReturnHeader/Filer/BusinessName/BusinessNameLine20& ENGINEERING
ReturnHeader/Filer/BusinessNameControlTxt0ARCH
ReturnHeader/Filer/EIN0352362486
ReturnHeader/Filer/PhoneNum08054371410
ReturnHeader/Filer/USAddress/AddressLine10570 AIRPORT WAY
ReturnHeader/Filer/USAddress/City0CAMARILLO
ReturnHeader/Filer/USAddress/State0CA
ReturnHeader/Filer/USAddress/ZIPCode093010
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0952242818
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine10VICENTI LLOYD & STUTZMAN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine102210 E ROUTE 66 STE 100
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/City0GLENDORA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/State0CA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCode0917404676
ReturnHeader/PreparerPersonGrp/PhoneNum06268577300
ReturnHeader/PreparerPersonGrp/PreparationDt02015-05-12
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0TINA HENTON CPA
ReturnHeader/ReturnTs02015-05-13T18:18:09-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02013-07-01
ReturnHeader/TaxPeriodEndDt02014-06-30
ReturnHeader/TaxYr02013

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