Civic Intelligence

Athletes Committed to Educating

EIN 41-1789659 • 501(c)3 • Minneapolis, MN

Profile

Our sole mission is to help reduce the academic achievement gap in the twin cities and improve the futures for at-risk students. At aces, we know learning can best happen when kids are engaged and happy so weve partnered with the minnesota lynx, timberwolves, twins, vikings, united fc and wild to support our work. In fact, were proud to be the first, and only, organization of its kind in the twin cities to have the direct support of every major minnesota professional sports team.

1115 E Hennepin AveMinneapolis, MN 55414

aces4kids.org

Siviq Scores

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

Liabilities / Assets

53rd percentile

0.08x

Higher debt load relative to assets than 53% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

39th percentile

0.04x

Higher debt load relative to revenue than 39% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

57th percentile

8.2%

Higher net margin than 57% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

79th percentile

21%

Faster asset growth than 79% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

85th percentile

50%

Faster revenue growth than 85% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Assets

Up

$717,133

Up $122,553 (+21%) from 2023

Liabilities

Down

$56,817

Down $6,834 (-11%) from 2023

Net Assets

Up

$660,316

Up $129,387 (+24%) from 2023

Revenue

Up

$1,575,454

Up $526,921 (+50%) from 2023

Expenses

Down

$1,446,067

Down $98,096 (-6.4%) from 2023

Net Income

Up

$129,387

Up $625,017 (+126%) from 2023

Trend Graphs

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2011: $200,862Liabilities 2011: $2,276Net Assets 2011: $198,5862011Assets 2012: $203,760Liabilities 2012: $4,942Net Assets 2012: $198,8182012Assets 2013: $165,302Liabilities 2013: $5,319Net Assets 2013: $159,9832013Assets 2014: $152,604Liabilities 2014: $3,014Net Assets 2014: $149,5902014Assets 2015: $223,067Liabilities 2015: $3,047Net Assets 2015: $220,0202015Assets 2016: $250,881Liabilities 2016: $12,073Net Assets 2016: $238,8082016Assets 2017: $295,477Liabilities 2017: $26,304Net Assets 2017: $269,1732017Assets 2018: $122,317Liabilities 2018: $36,603Net Assets 2018: $85,7142018Assets 2019: $277,032Liabilities 2019: $27,234Net Assets 2019: $249,7982019Assets 2020: $491,920Liabilities 2020: $159,933Net Assets 2020: $331,9872020Assets 2021: $785,879Liabilities 2021: $179,977Net Assets 2021: $605,9022021Assets 2022: $1,071,272Liabilities 2022: $44,713Net Assets 2022: $1,026,5592022Assets 2023: $594,580Liabilities 2023: $63,651Net Assets 2023: $530,9292023Assets 2024: $717,133Liabilities 2024: $56,817Net Assets 2024: $660,3162024

Highlighted filing

2024

Assets$717,133
Liabilities$56,817
Net Assets$660,316

Operations Trend

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

$2.0M$1.0M$0-$1.0MRevenue 2011: $385,447Expenses 2011: $295,128Net Income 2011: $90,3192011Revenue 2012: $450,117Expenses 2012: $449,885Net Income 2012: $2322012Revenue 2013: $411,539Expenses 2013: $450,374Net Income 2013: -$38,8352013Revenue 2014: $569,539Expenses 2014: $580,907Net Income 2014: -$11,3682014Revenue 2015: $600,600Expenses 2015: $530,170Net Income 2015: $70,4302015Revenue 2016: $602,474Expenses 2016: $583,686Net Income 2016: $18,7882016Revenue 2017: $745,264Expenses 2017: $714,899Net Income 2017: $30,3652017Revenue 2018: $750,747Expenses 2018: $934,206Net Income 2018: -$183,4592018Revenue 2019: $1,013,299Expenses 2019: $849,215Net Income 2019: $164,0842019Revenue 2020: $874,040Expenses 2020: $791,851Net Income 2020: $82,1892020Revenue 2021: $1,002,740Expenses 2021: $728,825Net Income 2021: $273,9152021Revenue 2022: $1,427,462Expenses 2022: $1,006,805Net Income 2022: $420,6572022Revenue 2023: $1,048,533Expenses 2023: $1,544,163Net Income 2023: -$495,6302023Revenue 2024: $1,575,454Expenses 2024: $1,446,067Net Income 2024: $129,3872024

Highlighted filing

2024

Revenue$1,575,454
Expenses$1,446,067
Net Income$129,387

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.72$0.06$0.66$1.58$1.45$0.13
2023Summary only. Only limited summary data is available for this year.$0.59$0.06$0.53$1.05$1.54$0.50
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.07$0.04$1.03$1.43$1.01$0.42
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.79$0.18$0.61$1.00$0.73$0.27
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.49$0.16$0.33$0.87$0.79$0.08
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.28$0.03$0.25$1.01$0.85$0.16
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.12$0.04$0.09$0.75$0.93$0.18
2017Summary only. Only limited summary data is available for this year.$0.30$0.03$0.27$0.75$0.71$0.03
2016Detailed filing. Detailed filing data is available for this year.$0.25$0.01$0.24$0.60$0.58$0.02
2015Detailed filing. Detailed filing data is available for this year.$0.22$0.00$0.22$0.60$0.53$0.07
2014Summary only. Only limited summary data is available for this year.$0.15$0.00$0.15$0.57$0.58$0.01
2013Summary only. Only limited summary data is available for this year.$0.17$0.01$0.16$0.41$0.45$0.04
2012Summary only. Only limited summary data is available for this year.$0.20$0.00$0.20$0.45$0.45$0.00
2011Summary only. Only limited summary data is available for this year.$0.20$0.00$0.20$0.39$0.30$0.09
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Sep 1, 2023 to Aug 31, 2024
Signed
Jan 15, 2025
Return Version
2023v6.0
Gross Receipts
$1,660,960
Mission and Program Overview

Mission

Our sole mission is to help reduce the academic achievement gap in the twin cities and improve the futures for at-risk students. At aces, we know learning can best happen when kids are engaged and happy so weve partnered with the minnesota lynx, timberwolves, twins, vikings, united fc and wild to support our work. In fact, were proud to be the first, and only, organization of its kind in the twin cities to have the direct support of every major minnesota professional sports team.

Our sole mission is to help reduce the academic achievement gap in the twin cities and improve the futures for at-risk students.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$546,851$481,658▼ $65,193
Pledges and Grants Receivable-$180,000-
Land, Buildings, and Equipment, Net$44,053$30,388▼ $13,665
Prepaid Expenses and Deferred Charges$3,676$25,087▲ $21,411
Total Assets$594,580$717,133▲ $122,553
Liabilities
Accounts Payable and Accrued Expenses$63,651$56,817▼ $6,834
Total Liabilities$63,651$56,817▼ $6,834
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$473,929$452,684▼ $21,245
Net Assets With Donor Restrictions$57,000$207,632▲ $150,632
Total Net Assets Fund Balance$530,929$660,316▲ $129,387
Total Liabilities and Net Assets / Fund Balance$594,580$717,133▲ $122,553

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$25,595$122,053$147,648
Leasehold Improvements$4,793$10,499$15,292
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Christina Saunders Thru 1123Executive DiFT$98,502$16,282$114,784
Jazmin DanielsonExecutive DiFT$9,231-$9,231

Board Members and Trustees

NameTitle
Ken FairchildChair
Bradley MelnickVice Chair
Brett TaberTrustee
Clifton RossTrustee
Derek SharrerTrustee
Erik JensenTrustee
George EllisTrustee
Jeff HunsakerTrustee
Julia KlemaTrustee
Los RiserTrustee
Nicole ScanlonTrustee
Todd FredricksonTrustee
Dale PetersonLife Directo
Dr Rajiv ShahLife Directo
NANCY O'BRIENSecretary
Michael CashTreasurer /
Revenue and Support

Revenue Composition

Contributions and Grants
$1,566,327
Program Service Revenue
$41,334
Investment Income
$968
Other Revenue
$-33,175
All Other Contributions
$812,628
Change in Net Assets
$129,387

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
Yes
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Securities Publicly Traded6$49,649Fair Market Value (FMV)
Other Non Cash Contri Table26$23,759Fair Market Value (FMV)
Other Non Cash Contri Table67$19,775Fair Market Value (FMV)
Total Noncash Contributions99$93,183-

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,575,454
Revenue Not Reported on Form 990
$88,365
Total Revenue per Audited Statements
$1,663,819
Total Revenue per Form 990
$1,575,454
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,165,136
Other Expenses$280,931
Total Fundraising Expense$220,180
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$721,892$30,482$124,193$876,567
Current Officers, Directors, Trustees, and Key Employees$50,738$25,369$25,369$101,476
Other Employee Benefits$76,997$7,215$10,010$94,222
Payroll Taxes$64,001$7,459$9,651$81,111
Office Expenses$46,175$12,009$3,769$61,953
Fees for Services Accounting-$45,480-$45,480
Fees for Services Other$13,223$7,435$23,728$44,386
Depreciation Depletion-$21,850-$21,850
Travel$15,640$5$70$15,715
Pension Plan Contributions$9,280$1,081$1,399$11,760
Insurance$7,084$3,036-$10,120
Advertising$36-$5,406$5,442
Other Expenses$1,227$1,049$65$2,341
Total Functional Expenses$1,051,428$174,459$220,180$1,446,067

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$1,534,432
Expenses per Audited Statements$1,446,067
Total Expenses per Form 990$1,446,067
Expenses Not Reported on Form 990$88,365
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$85,506
Fundraising Gross Income$51,374
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Fundraiser$584,949$51,374$34,132$17,242
Total Events$584,949$51,374$85,506$-34,132
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 35% controlled entity
No
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 1A

The executive committee has the authority to act on behalf of the governing body.

Form 990, Page 6, Part VI, Line 11B

The form 990 is provided to the board of directors in advance of a meeting. The board of directors reviews the form 990 and votes to approve it before it is signed.

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

Aces employees are not to accept or engage in employment, or own or maintain a business interest outside of aces which will conflict with the employee's duties or responsibilities in aces. In order to avoid a misunderstanding as to what constitutes a conflict, possible conflicts should be disclosed in advance and discussed with the executive director or board chairperson. No aces employee shall use his or her affiliation with aces for personal gain, nor shall they use any information gained in the course of their employment for personal gain.

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

Salary information is obtained through the minnesota council of nonprofits in order to determine a reasonable salary level based on reported averages. The organization also takes into account what is fiscally sound and viable for the organization. Executive director sets the salary for all staff and board chair and directors set the salary for executive director. In summer of 2023, aces started working with a compensation equity consultant to analyze current pay structure with an equity lens and create an improved compensation structure.

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

No other officer or key employee received compensation from the organization.

Form 990, Page 6, Part VI, Line 19

AVAILABLE UPON REQUEST

Filing and Contact Details

Filer

Filer Name
Athletes Committed to Educating
EIN
41-1789659
Phone
6123313454
Address
1115 E HENNEPIN AVE, MINNEAPOLIS, MN 55414
Doing Business As
Aces

Signing Officer

Name
Jazmin Danielson
Title
Executive Director
Phone
6123313454
Signed
2025-01-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jazmin Danielson
Formed
1994
Legal Domicile
Mn
Voting Board Members
16
Independent Board Members
16
Employees
54
Volunteers
125

Preparer

Firm
Boyum & Barenscheer Pllp
Address
3050 METRO DR STE 200, MINNEAPOLIS, MN 55425-1547
Preparer
Anna Lovegren
Phone
9528544244
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

Our sole mission is to engage and empower youth. We strive to ensure that all youth in our programs are thriving, both inside and outside of the classroom. At aces, we know learning and growth can best happen when youth are engaged in accessible, culturally responsive, high-quality learning environments that support their identify, agency and purpose. Aces intentionally partners with minnesota's pro and collegiate sport teams to ignite learning through the lens of sport themes with our research-based curriculum and program design. Aces proudly partners with the mn twins, vikings, united fc, saints, aurora, timberwolves, lynx and wild to support our work and make an impact on youth, families and schools. In fact, we're proud to be the first, and only, organization of its kind in the twin cities to have the direct support of every major minnesota professional sports team.

Financial Statement Notes

Schedule D, Page 3, Part X

The organization has not been audited by a tax authority, and accordingly the informational tax returns for the past three years are open to examination. Management has evaluated its tax positions and has concluded that they do not result in anything that would require either recording or disclosure in the financial statements based on the criteria set forth in asc 740 income taxes.

Schedule D, Page 4, Part XI, Line 2D

Event expenses moved less direct donor benefit 14,357

Schedule D, Page 4, Part XII, Line 2D

Part viii, line 8b event expenses moved 14,357

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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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