Civic Intelligence

Area Communities Enrichment Foundation

990 • Fiscal year 2018 • EIN 48-1239581

Jan 01, 2018 to Dec 31, 2018 • Filed on Nov 11, 2019

P O Box 224Atwood, KS 67730

(785) 626-9328

Siviq Scores

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

Liabilities / Assets

14th percentile

0.00x

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

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Liabilities / Revenue

14th percentile

0.00x

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

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Net Margin

91st percentile

49%

Higher net margin than 91% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Top Officer Pay

35th percentile

$0

Higher top officer pay than 35% of similar nonprofits.

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

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Asset Growth

72nd percentile

10%

Faster asset growth than 72% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Revenue Growth

6th percentile

-44%

Faster revenue growth than 6% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Assets

Up

$1,732,567

Up $160,042 (+10%) from 2017

Net Assets

Up

$1,732,567

Up $160,042 (+10%) from 2017

Liabilities

Flat

$0

Flat from 2017

Revenue

Down

$326,090

Down $254,407 (-44%) from 2017

Expenses

Down

$166,047

Down $344,399 (-67%) from 2017

Net Income

Up

$160,043

Up $89,992 (+128%) from 2017

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 2010: $562,970Liabilities 2010: $0Net Assets 2010: $562,9702010Assets 2011: $423,126Liabilities 2011: $0Net Assets 2011: $423,1262011Assets 2012: $1,010,706Liabilities 2012: $0Net Assets 2012: $1,010,7062012Assets 2013: $1,209,453Liabilities 2013: $0Net Assets 2013: $1,209,4532013Assets 2014: $1,135,485Liabilities 2014: $0Net Assets 2014: $1,135,4852014Assets 2015: $1,585,850Liabilities 2015: $0Net Assets 2015: $1,585,8502015Assets 2016: $1,502,474Liabilities 2016: $0Net Assets 2016: $1,502,4742016Assets 2017: $1,572,525Liabilities 2017: $0Net Assets 2017: $1,572,5252017Assets 2018: $1,732,567Liabilities 2018: $0Net Assets 2018: $1,732,5672018Assets 2019: $1,783,445Liabilities 2019: $0Net Assets 2019: $1,783,4452019Assets 2020: $1,023,001Liabilities 2020: $0Net Assets 2020: $1,023,0012020Assets 2021: $1,045,093Liabilities 2021: $0Net Assets 2021: $1,045,0932021Assets 2022: $422,866Liabilities 2022: $0Net Assets 2022: $422,8662022Assets 2023: $139,944Liabilities 2023: $0Net Assets 2023: $139,9442023

Highlighted filing

2018

Assets$1,732,567
Liabilities$0
Net Assets$1,732,567

Operations Trend

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

$1.0M$500K$0-$500K-$1.0MExpenses 2010: $299,1222010Revenue 2011: $117,630Expenses 2011: $248,784Net Income 2011: -$131,1542011Expenses 2012: $313,4832012Revenue 2013: $336,165Expenses 2013: $137,418Net Income 2013: $198,7472013Revenue 2014: $217,756Expenses 2014: $291,724Net Income 2014: -$73,9682014Revenue 2015: $827,370Expenses 2015: $377,005Net Income 2015: $450,3652015Revenue 2016: $234,400Expenses 2016: $317,776Net Income 2016: -$83,3762016Revenue 2017: $580,497Expenses 2017: $510,446Net Income 2017: $70,0512017Revenue 2018: $326,090Expenses 2018: $166,047Net Income 2018: $160,0432018Revenue 2019: $155,731Expenses 2019: $104,853Net Income 2019: $50,8782019Revenue 2020: $55,777Expenses 2020: $816,221Net Income 2020: -$760,4442020Revenue 2021: $66,924Expenses 2021: $44,832Net Income 2021: $22,0922021Revenue 2022: $77,185Expenses 2022: $699,412Net Income 2022: -$622,2272022Revenue 2023: $3,819Expenses 2023: $286,741Net Income 2023: -$282,9222023

Highlighted filing

2018

Revenue$326,090
Expenses$166,047
Net Income$160,043
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Nov 11, 2019
Return Version
2018v3.1
Gross Receipts
$493,757
Mission and Program Overview

Mission

To enhance economic, community, rural, and overall development; to improve health care, education, environment and recreation and to ensure the future of our citizens and the communities in which they live.

To enhance economic, community, rural, and overall development; to improve health care, education, environment and recreation, and to ensure the future of our citizens and the communities in which they live.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Other Securities$993,692$1,243,138▲ $249,446
Cash and Non-Interest-Bearing Accounts$446,023$261,690▼ $184,333
Other Notes and Loans Receivable, Net$130,454$125,378▼ $5,076
Savings and Temporary Cash Investments$2,356$102,361▲ $100,005
Total Assets$1,572,525$1,732,567▲ $160,042
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Temporarily Rstr Net Assets$1,054,936$1,053,119▼ $1,817
Permanently Rstr Net Assets$498,561$599,736▲ $101,175
Unrestricted Net Assets$19,028$79,712▲ $60,684
Total Net Assets Fund Balance$1,572,525$1,732,567▲ $160,042
Total Liabilities and Net Assets / Fund Balance$1,572,525$1,732,567▲ $160,042

Asset Categories

AssetBook ValueDepreciationBasis
Other Securities$356,209--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2018$498,561$101,175--$599,736
2017$337,363$161,198--$498,561
2016$309,064$28,299--$337,363
2015$243,145$65,919--$309,064
2014$210,706$32,439--$243,145
Compensation and Service Providers

Board Members and Trustees

NameTitle
Scott ChvatalPresident
Kevin HolleDirector
Melody BearleyDirector
Rhonda ArgabrightSecretary
Stephanie GoodwinTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$267,697
Program Service Revenue
$0
Investment Income
$50,624
Other Revenue
$7,769
All Other Contributions
$261,833
Change in Net Assets
$160,043
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$151,234
Other Expenses$14,063
Professional Fundraising Fees$750
Total Fundraising Expense$750
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$136,183--$136,183
Grants to Domestic Individuals$15,051--$15,051
Office Expenses-$8,179-$8,179
Fees for Services Accounting-$3,456-$3,456
Advertising$1,310--$1,310
Fees for Services Management-$945-$945
Fees for Services Professional Fundraising--$750$750
Occupancy-$90-$90
Other Expenses-$83-$83
Total Functional Expenses$152,544$12,753$750$166,047
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
City of AtwoodAtwood, KSGovernmentalTO ASSIST WITH THE REMODEL OF KELLY PARK'S BATHROOM.$41,346
Greater Nw Ks Community FoundationBird City, KS501(c)(3)Funds Are to Assist With County Projects. They Are Managed by Recipient.$24,805
Rawlins County Health CenterAtwood, KS501(c)(3)Expansion of the Hospital, Assist With the Procedure Room Renovation Project, and New Medical Equipment. Purchase Outdoor Sign for Rawlins County Health Center.$20,180
Knights of ColombusAtwood, KS501(c)(3)To Assist With Charitiable Work Including Coats for Kids, Pro-life Causes, Etc.$12,825
Outdoor Fitness IncMonument, CO501(c)(3)To Provide Equipment for Fitness Walk.$11,935
Dollywood FoundationPigeon Forge, TN501(c)(3)To Fund the Barbara Creighton Reading Fund$6,819
Atwood Summer Recreation CommissionAtwood, KSGovernmentalAssistance With the Bliss Ball Field Improvement Project$5,794
Tri-county Leadership FundPottstown, PA-Distribute to Gnwkcf$5,423
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$16,145
Fundraising Direct Expenses$8,376
Professional Fundraising Fees$750

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Golf Tournament$16,145$16,145$2,488$13,657
Total Events$22,009$16,145$8,376$7,769
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
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

The area community enrichment (ace) foundation has five (5) board of directors who make all decisions on behalf of the foundation. There is no other class of members with voting rights at this time.

Form 990, Part VI, Section B, Line 11B

Copy of completed appropriate form 990 or 990-ez and supplemental schedules is made available for review by the board of directors prior to filing. If no additional changes or questions arise, they are approved by the board & filed.

Form 990, Part VI, Section C, Line 19

Certain portions of these documents have been submitted as attachments to federal forms, and these are available to the public as required by law upon request.

Filing and Contact Details

Filer

Filer Name
Area Community Enrichment
EIN
48-1239581
Phone
7856269328
Address
P O BOX 224, ATWOOD, KS 67730

Signing Officer

Name
Scott Chvatal
Title
President
Phone
7856269328
Signed
2019-11-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Scott Chvatal
Formed
2001
Legal Domicile
Ks
Voting Board Members
5
Independent Board Members
5
Employees
0
Volunteers
0

Preparer

Firm
Adams Brown Beran & Ball Chtd
Address
315 STATE STREET PO BOX 175, ATWOOD, KS 67730
Preparer
Angela L Ketterl
Phone
7856263216
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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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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0198832
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01998968
IRS990ScheduleA/TotalSupportAmt02214759
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
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IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
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IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt0599736
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt0337363
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt0161198
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt0498561
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IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt0337363
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt0243145
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/ContributionsAmt065919
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt0309064
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt0210706
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/ContributionsAmt032439
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt0243145
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd00
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd00
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt0877156
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt19773
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt2356209
IRS990ScheduleD/OtherSecuritiesGrp/Desc0ANNUITY
IRS990ScheduleD/OtherSecuritiesGrp/Desc1STOCK - TWO HOMES LLC
IRS990ScheduleD/OtherSecuritiesGrp/Desc2MARKETABLE SECURITIES
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0C
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd1F
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd2C
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IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalBookValueSecuritiesAmt01243138
IRS990ScheduleG/AgrmtProfFundraisingActyInd01
IRS990ScheduleG/FundraiserActivityInfoGrp/ActivityTxt0CONTRACT FOR FUNDRAISING EXPENSES
IRS990ScheduleG/FundraiserActivityInfoGrp/FundraiserControlOfFundsInd00
IRS990ScheduleG/FundraiserActivityInfoGrp/GrossReceiptsAmt00
IRS990ScheduleG/FundraiserActivityInfoGrp/NetToOrganizationAmt00
IRS990ScheduleG/FundraiserActivityInfoGrp/OrganizationBusinessName/BusinessNameLine1Txt0HARVEY NONPROFIT DEVELOPMENT
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IRS990ScheduleG/FundraiserActivityInfoGrp/USAddress/CityNm0NEWTON
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IRS990ScheduleG/FundraiserActivityInfoGrp/USAddress/ZIPCd067114
IRS990ScheduleG/FundraisingEventInformationGrp/CashPrizesEvent1Amt05110
IRS990ScheduleG/FundraisingEventInformationGrp/CashPrizesTotalEventsAmt05110
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt05864
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriOtherEventsAmt05864
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt08376
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0GOLF TOURNAMENT
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent1Amt0778
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageTotalEventsAmt0778
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt016145
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsOtherEventsAmt05864
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt022009
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt016145
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt016145
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt07769
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt02488
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt02488
IRS990ScheduleG/FundraisingEventInformationGrp/OtherEventsTotalCnt01
IRS990ScheduleG/MailSolicitationsInd0X
IRS990ScheduleG/SolicitationOfGovtGrantsInd0X
IRS990ScheduleG/SpecialFundraisingEventsInd0X
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt015051
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0SCHOLARSHIPS TO STUDENTS SEEKING HIGHER EDUCATION.
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt012
IRS990ScheduleI/RecipientTable/CashGrantAmt020180
IRS990ScheduleI/RecipientTable/CashGrantAmt15794
IRS990ScheduleI/RecipientTable/CashGrantAmt26819
IRS990ScheduleI/RecipientTable/CashGrantAmt324805
IRS990ScheduleI/RecipientTable/CashGrantAmt441346
IRS990ScheduleI/RecipientTable/CashGrantAmt511935
IRS990ScheduleI/RecipientTable/CashGrantAmt612825
IRS990ScheduleI/RecipientTable/CashGrantAmt75423
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc1GOVERNMENTAL
IRS990ScheduleI/RecipientTable/IRCSectionDesc2501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc3501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc4GOVERNMENTAL
IRS990ScheduleI/RecipientTable/IRCSectionDesc5501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc6501(C)(3)
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0EXPANSION OF THE HOSPITAL, ASSIST WITH THE PROCEDURE ROOM RENOVATION PROJECT, AND NEW MEDICAL EQUIPMENT. PURCHASE OUTDOOR SIGN FOR RAWLINS COUNTY HEALTH CENTER.
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1ASSISTANCE WITH THE BLISS BALL FIELD IMPROVEMENT PROJECT
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt2TO FUND THE BARBARA CREIGHTON READING FUND
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt3FUNDS ARE TO ASSIST WITH COUNTY PROJECTS. THEY ARE MANAGED BY RECIPIENT.
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt4TO ASSIST WITH THE REMODEL OF KELLY PARK'S BATHROOM.
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt5TO PROVIDE EQUIPMENT FOR FITNESS WALK.
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt6TO ASSIST WITH CHARITIABLE WORK INCLUDING COATS FOR KIDS, PRO-LIFE CAUSES, ETC.
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt7DISTRIBUTE TO GNWKCF
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0RAWLINS COUNTY HEALTH CENTER
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1ATWOOD SUMMER RECREATION COMMISSION
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt2DOLLYWOOD FOUNDATION
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt3GREATER NW KS COMMUNITY FOUNDATION
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt4CITY OF ATWOOD
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt5OUTDOOR FITNESS INC
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt6KNIGHTS OF COLOMBUS
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt7TRI-COUNTY LEADERSHIP FUND
IRS990ScheduleI/RecipientTable/RecipientEIN0480545181
IRS990ScheduleI/RecipientTable/RecipientEIN1270075564
IRS990ScheduleI/RecipientTable/RecipientEIN2621348105
IRS990ScheduleI/RecipientTable/RecipientEIN3481025832
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0PO BOX 47
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt1PO BOX 181
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt21020 DOLLYWOOD LANE
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt3105 W FOURTH STREET
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt4106 S THIRD STREET
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt5PO BOX 1470
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt6703 PAGE ST
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt7152 E HIGH STREET SUITE 360
IRS990ScheduleI/RecipientTable/USAddress/CityNm0ATWOOD
IRS990ScheduleI/RecipientTable/USAddress/CityNm1ATWOOD
IRS990ScheduleI/RecipientTable/USAddress/CityNm2PIGEON FORGE
IRS990ScheduleI/RecipientTable/USAddress/CityNm3BIRD CITY
IRS990ScheduleI/RecipientTable/USAddress/CityNm4ATWOOD
IRS990ScheduleI/RecipientTable/USAddress/CityNm5MONUMENT
IRS990ScheduleI/RecipientTable/USAddress/CityNm6ATWOOD
IRS990ScheduleI/RecipientTable/USAddress/CityNm7POTTSTOWN
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0KS
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd1KS
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd2TN
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd3KS
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd4KS
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd5CO
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd6KS
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd7PA
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd067730
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd167730
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd237863
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd367731
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd467730
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd580132
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd667730
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd719464
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0ALL SCHOLARSHIP APPLICATIONS & GRANT REQUESTS ARE KEPT WITH THE FINANCIAL RECORDS OF THE FOUNDATION. ACE FOUNDATION MONITORS THESE DISBURSEMENTS IN THE FOLLOWING MANNER: SCHOLARSHIP RECIPIENT AWARDS ARE SENT TO THE EDUCATIONAL INSTITUTION, AND ARE SUBJECT TO ONGOING GPA AND/OR ENROLLMENT STANDARDS OF THE SPECIFIC SCHOLARSHIP. ALL OTHER GRANT ASSISTANCE IS DISBURSED AFTER SUBMITTING A REQUEST FOR REIMBURSEMENT OF ACTUAL EXPENSES.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2:
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE AREA COMMUNITY ENRICHMENT (ACE) FOUNDATION HAS FIVE (5) BOARD OF DIRECTORS WHO MAKE ALL DECISIONS ON BEHALF OF THE FOUNDATION. THERE IS NO OTHER CLASS OF MEMBERS WITH VOTING RIGHTS AT THIS TIME.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1COPY OF COMPLETED APPROPRIATE FORM 990 OR 990-EZ AND SUPPLEMENTAL SCHEDULES IS MADE AVAILABLE FOR REVIEW BY THE BOARD OF DIRECTORS PRIOR TO FILING. IF NO ADDITIONAL CHANGES OR QUESTIONS ARISE, THEY ARE APPROVED BY THE BOARD & FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2CERTAIN PORTIONS OF THESE DOCUMENTS HAVE BEEN SUBMITTED AS ATTACHMENTS TO FEDERAL FORMS, AND THESE ARE AVAILABLE TO THE PUBLIC AS REQUIRED BY LAW UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Detailed filing. Detailed filing data is available for this year.$0.14$0.00$0.14$0.00$0.29$0.28
2022Detailed filing. Detailed filing data is available for this year.$0.42$0.00$0.42$0.08$0.70$0.62
2021Detailed filing. Detailed filing data is available for this year.$1.05$0.00$1.05$0.07$0.04$0.02
2020Detailed filing. Detailed filing data is available for this year.$1.02$0.00$1.02$0.06$0.82$0.76
2019Detailed filing. Detailed filing data is available for this year.$1.78$0.00$1.78$0.16$0.10$0.05
2018Detailed filing. Detailed filing data is available for this year.$1.73$0.00$1.73$0.33$0.17$0.16
2017Detailed filing. Detailed filing data is available for this year.$1.57$0.00$1.57$0.58$0.51$0.07
2016Detailed filing. Detailed filing data is available for this year.$1.50$0.00$1.50$0.23$0.32$0.08
2015Detailed filing. Detailed filing data is available for this year.$1.59$0.00$1.59$0.83$0.38$0.45
2014Detailed filing. Detailed filing data is available for this year.$1.14$0.00$1.14$0.22$0.29$0.07
2013Detailed filing. Detailed filing data is available for this year.$1.21$0.00$1.21$0.34$0.14$0.20
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.01$0.00$1.01$0.31
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.42$0.00$0.42$0.12$0.25$0.13
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.56$0.00$0.56$0.30