Civic Intelligence

Ace Foundation

990EZ • Fiscal year 2022 • EIN 36-4947328

Jan 01, 2022 to Dec 31, 2022 • Filed on Nov 15, 2023

Organization Profile
15600 NE 8th Street Ste B1-309Bellevue, WA 98008

(425) 588-8011

Siviq Scores

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

Liabilities / Assets

58th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

58th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Net Margin

35th percentile

-2.7%

Higher net margin than 35% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

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

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Asset Growth

42nd percentile

-2.1%

Faster asset growth than 42% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

40th percentile

-0.4%

Faster revenue growth than 40% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets58th percentile

Assets

Down

$25,701

Down $558 (-2.1%) from 2021

Net Assets

Down

$25,702

Down $557 (-2.1%) from 2021

Liabilities

Flat

$0

Flat from 2021

Revenue And Expenses
Liabilities / Revenue58th percentileNet Margin35th percentile

Revenue

Down

$20,775

Down $76 (-0.4%) from 2021

Expenses

Up

$21,332

Up $13,296 (+165%) from 2021

Net Income

Down

-$557

Down $13,372 (-104%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth42nd percentile

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

$60K$40K$20K$0Assets 2021: $26,259Liabilities 2021: $0Net Assets 2021: $26,2592021Assets 2022: $25,701Liabilities 2022: $0Net Assets 2022: $25,7022022Assets 2023: $25,744Liabilities 2023: $0Net Assets 2023: $25,7432023Assets 2024: $45,130Liabilities 2024: $0Net Assets 2024: $45,1302024

Highlighted filing

2022

Assets$25,701
Liabilities$0
Net Assets$25,702
Open 2022 Filing

Operations Trend

Revenue Growth40th percentile

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

$60K$40K$20K$0-$20KRevenue 2021: $20,851Expenses 2021: $8,036Net Income 2021: $12,8152021Revenue 2022: $20,775Expenses 2022: $21,332Net Income 2022: -$5572022Revenue 2023: $7,865Expenses 2023: $7,823Net Income 2023: $422023Revenue 2024: $45,375Expenses 2024: $25,989Net Income 2024: $19,3862024

Highlighted filing

2022

Revenue$20,775
Expenses$21,332
Net Income-$557
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Nov 15, 2023
Return Version
2022v5.0
Gross Receipts
$20,775
Mission and Program Overview

Mission

Promotin of social welare

Promotion of social welfare

Program Services

DescriptionGrantsExpenses
EDUCATIONAL OUTREACH TO INFORM COMMUNITY ON DIVERSITY ISSUES-$19,533
Compensation and Service Providers
Top Officer Pay78th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
KAN QIUGovernorPT$0--
JIE XIEDirector-$0--
ZHIMING YUDirector-$0--
Filing and Contact Details

Filer

Filer Name
Ace Foundation
EIN
36-4947328
In Care Of
% KAN QIU
Phone
4255888011
Address
15600 NE 8TH STREET STE B1-309, Bellevue, WA 98008

Signing Officer

Name
Kan Qiu
Title
Director
Phone
4255888011
Signed
2023-11-15
Discuss with paid preparer
Yes

Preparer

Firm
Sharon Hanek
Address
PO BOX 8055, BONNEY LAKE, WA 98391-0897
Preparer
Sharon Hanek
Phone
2532083523
Supplemental Narrative

Additional Explanations

Part I Line 16

“Outreach / education $19532.00”

Raw XML Appendix135 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
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0KAN QIU
IRS990EZ/BooksInCareOfDetail/PhoneNum04255888011
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt015600 NE 8TH STREET STE B1-309
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0BELLEVUE
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0WA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd098008
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt026259
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt025701
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt020737
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-557
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt01800
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt026259
IRS990EZ/Form990TotalAssetsGrp/EOYAmt025701
IRS990EZ/GrossReceiptsAmt020775
IRS990EZ/InvestmentIncomeAmt038
IRS990EZ/LandAndBuildingsGrp/BOYAmt00
IRS990EZ/LandAndBuildingsGrp/EOYAmt00
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt026259
IRS990EZ/NetAssetsOrFundBalancesEOYAmt025702
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt026259
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt025701
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt05.000
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt10.000
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt20.000
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0KAN QIU
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1JIE XIE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2ZHIMING YU
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0GOVERNOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2DIRECTOR
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt00
IRS990EZ/OtherAssetsTotalDetail/EOYAmt00
IRS990EZ/OtherExpensesTotalAmt019532
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0PROMOTION OF SOCIAL WELFARE
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0EDUCATIONAL OUTREACH TO INFORM COMMUNITY ON DIVERSITY ISSUES
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt019533
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/RelatedOrgSect527OrgInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TotalExpensesAmt021332
IRS990EZ/TotalProgramServiceExpensesAmt019533
IRS990EZ/TotalRevenueAmt020775
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt020737
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt020848
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt014071
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt055656
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt038
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt03
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt041
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.99926
IRS990ScheduleA/PublicSupportPY170Pct00.99991
IRS990ScheduleA/PublicSupportTotal170Amt055656
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt020737
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt020848
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt014071
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt055656
IRS990ScheduleA/TotalSupportAmt055697
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0OUTREACH / EDUCATION $19532.00
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Part I Line 16
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL2
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0KAN QIU
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Director
ReturnHeader/BusinessOfficerGrp/PhoneNum04255888011
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-11-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0ACE FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0ACEF
ReturnHeader/Filer/EIN0364947328
ReturnHeader/Filer/InCareOfNm0% KAN QIU
ReturnHeader/Filer/PhoneNum04255888011
ReturnHeader/Filer/USAddress/AddressLine1Txt015600 NE 8TH STREET STE B1-309
ReturnHeader/Filer/USAddress/CityNm0Bellevue
ReturnHeader/Filer/USAddress/StateAbbreviationCd0WA
ReturnHeader/Filer/USAddress/ZIPCd098008
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0false
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0900257815
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Sharon Hanek
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO BOX 8055
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0BONNEY LAKE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0WA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0983910897
ReturnHeader/PreparerPersonGrp/PhoneNum02532083523
ReturnHeader/PreparerPersonGrp/PreparationDt02023-11-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0SHARON HANEK
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02023-11-15T16:36:06-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0KAN
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0QIU
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2022 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$25,701
Liabilities
$0
Net assets
$25,702
Revenue
$20,775
Expenses
$21,332
Net income
-$557
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$45.1$0.00$45.1$45.4$26.0$19.4
2023Detailed filing. Detailed filing data is available for this year.$25.7$0.00$25.7$7.87$7.82$0.04
2022Detailed filing. Detailed filing data is available for this year.$25.7$0.00$25.7$20.8$21.3$0.56
2021Detailed filing. Detailed filing data is available for this year.$26.3$0.00$26.3$20.9$8.04$12.8