Civic Intelligence

Ace Preparatory Inc.

990 • Fiscal year 2020 • EIN 47-3128337

Jul 01, 2019 to Jun 30, 2020

Indianapolis, IN
Siviq Scores

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

Liabilities / Assets

92nd percentile

0.86x

Higher debt load relative to assets than 92% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Liabilities / Revenue

75th percentile

0.27x

Higher debt load relative to revenue than 75% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Net Margin

27th percentile

-6.9%

Higher net margin than 27% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2020

Asset Growth

2nd percentile

-47%

Faster asset growth than 2% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2019 to 2020

Revenue Growth

19th percentile

-31%

Faster revenue growth than 19% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2019 to 2020

Assets

Down

$250,565

Down $223,076 (-47%) from 2019

Net Assets

Down

$34,909

Down $70,181 (-67%) from 2019

Liabilities

Down

$215,656

Down $152,895 (-41%) from 2019

Revenue

Down

$811,624

Down $371,946 (-31%) from 2019

Expenses

Down

$867,380

Down $403,458 (-32%) from 2019

Net Income

Up

-$55,756

Up $31,512 (+36%) from 2019

Historical Trend

Balance Sheet Trend

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

$6.0M$4.0M$2.0M$0-$2.0MAssets 2015: $244,389Liabilities 2015: $5,827Net Assets 2015: $238,5622015Assets 2016: $65,284Liabilities 2016: $201,215Net Assets 2016: -$135,9312016Assets 2017: $312,868Liabilities 2017: $108,424Net Assets 2017: $204,4442017Assets 2018: $387,021Liabilities 2018: $194,663Net Assets 2018: $192,3582018Assets 2019: $473,641Liabilities 2019: $368,551Net Assets 2019: $105,0902019Assets 2020: $250,565Liabilities 2020: $215,656Net Assets 2020: $34,9092020Assets 2021: $389,202Liabilities 2021: $296,973Net Assets 2021: $92,2292021Assets 2022: $4,058,391Liabilities 2022: $3,586,152Net Assets 2022: $472,2392022Assets 2023: $3,812,056Liabilities 2023: $3,372,261Net Assets 2023: $439,7952023Assets 2024: $3,452,753Liabilities 2024: $3,407,730Net Assets 2024: $45,0232024

Highlighted filing

2020

Assets$250,565
Liabilities$215,656
Net Assets$34,909

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2015: $286,149Expenses 2015: $47,587Net Income 2015: $238,5622015Revenue 2016: $202,769Expenses 2016: $577,262Net Income 2016: -$374,4932016Revenue 2017: $970,760Expenses 2017: $630,385Net Income 2017: $340,3752017Revenue 2018: $1,415,308Expenses 2018: $1,427,394Net Income 2018: -$12,0862018Revenue 2019: $1,183,570Expenses 2019: $1,270,838Net Income 2019: -$87,2682019Revenue 2020: $811,624Expenses 2020: $867,380Net Income 2020: -$55,7562020Revenue 2021: $1,711,066Expenses 2021: $1,653,746Net Income 2021: $57,3202021Revenue 2022: $2,553,518Expenses 2022: $2,173,508Net Income 2022: $380,0102022Revenue 2023: $2,328,140Expenses 2023: $2,360,584Net Income 2023: -$32,4442023Revenue 2024: $1,663,448Expenses 2024: $2,058,220Net Income 2024: -$394,7722024

Highlighted filing

2020

Revenue$811,624
Expenses$867,380
Net Income-$55,756
Filing Detail Status

This 2020 filing currently has summary financial data only. Detailed schedules, leadership, and program rows are not available for this filing yet.

Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
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