Ace Preparatory Inc.

990 • Fiscal year 2016 • EIN 47-3128337

Jan 01, 2016 to Dec 31, 2016

Organization Profile WWW.ACEPREPACADEMY.ORG

Indianapolis, IN

Siviq Scores

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

3.08x

Higher debt load relative to assets than 98% of similar nonprofits.

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

0.99x

Higher debt load relative to revenue than 95% of similar nonprofits.

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

-185%

Higher net margin than 3% of similar nonprofits.

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

No value available

This filing does not contain officer compensation rows.

Source year 2016

-73%

Faster asset growth than 5% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

-29%

Faster revenue growth than 18% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Balance Sheet

Liabilities / Assets98th percentile

Assets

Down

$65,284

Down $179,105 (-73%) from 2015

Net Assets

Down

-$135,931

Down $374,493 (-157%) from 2015

Liabilities

$201,215

Up $195,388 (+3353%) from 2015

Revenue And Expenses

Liabilities / Revenue95th percentile Net Margin3rd percentile

Revenue

Down

$202,769

Down $83,380 (-29%) from 2015

Expenses

$577,262

Up $529,675 (+1113%) from 2015

Net Income

Down

-$374,493

Down $613,055 (-257%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth5th percentile

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

Highlighted filing

2016

Assets$65,284

Liabilities$201,215

Net Assets-$135,931

Open 2016 Filing

Operations Trend

Revenue Growth18th percentile

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

Highlighted filing

2016

Revenue$202,769

Expenses$577,262

Net Income-$374,493

Open 2016 Filing

Filing Detail Status

This 2016 filing currently has summary financial data only. Detailed schedules, leadership, and program rows are not available for this filing yet.

View Latest Detailed Filing (2024)

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Filing Snapshot

Filing Period: Jan 1, 2016 to Dec 31, 2016

Mission and Program Overview

Mission

Through rigorous academics, positive character development, and excellence in everything we do, ace preparatory academy charter school educates kindergarten through grade 5 students for school success and lives of opportunity.

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2016 • Form 990Summary only. Only limited summary data is available for this year.

Open filing

Assets: $65,284
Liabilities: $201,215
Net assets: -$135,931
Revenue: $202,769
Expenses: $577,262
Net income: -$374,493

	Balance Sheet			Operations
Year	Assets	Liabilities	Net Assets	Revenue	Expenses	Net Income
2024Detailed filing. Detailed filing data is available for this year.	$3.45	$3.41	$0.05	$1.66	$2.06	$0.39
2023Detailed filing. Detailed filing data is available for this year.	$3.81	$3.37	$0.44	$2.33	$2.36	$0.03
2022Detailed filing. Detailed filing data is available for this year.	$4.06	$3.59	$0.47	$2.55	$2.17	$0.38
2021Detailed filing. Detailed filing data is available for this year.	$0.39	$0.30	$0.09	$1.71	$1.65	$0.06
2020Summary only. Only limited summary data is available for this year.	$0.25	$0.22	$0.03	$0.81	$0.87	$0.06
2019Summary only. Only limited summary data is available for this year.	$0.47	$0.37	$0.11	$1.18	$1.27	$0.09
2018Summary only. Only limited summary data is available for this year.	$0.39	$0.19	$0.19	$1.42	$1.43	$0.01
2017Detailed filing. Detailed filing data is available for this year.	$0.31	$0.11	$0.20	$0.97	$0.63	$0.34
2016Summary only. Only limited summary data is available for this year.	$0.07	$0.20	$0.14	$0.20	$0.58	$0.37
2015Summary only. Only limited summary data is available for this year.	$0.24	$0.01	$0.24	$0.29	$0.05	$0.24