Civic Intelligence

Ace Tech Endowment Fund

990 • Fiscal year 2015 • EIN 72-1602149

Jan 01, 2015 to Dec 31, 2015 • Filed on May 12, 2016

Organization ProfileNONE
5410 S State StreetChicago, IL 60609

(773) 548-8705

Siviq Scores

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

Liabilities / Assets

25th percentile

0.00x

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

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Liabilities / Revenue

25th percentile

0.00x

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

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Net Margin

3rd percentile

-93%

Higher net margin than 3% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Top Officer Pay

49th percentile

$0

Higher top officer pay than 49% of similar nonprofits.

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

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Asset Growth

12th percentile

-15%

Faster asset growth than 12% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2014 to 2015

Revenue Growth

83rd percentile

36%

Faster revenue growth than 83% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2014 to 2015

Balance Sheet
Liabilities / Assets25th percentile

Assets

Down

$868,391

Down $149,276 (-15%) from 2014

Net Assets

Down

$868,391

Down $149,276 (-15%) from 2014

Liabilities

Flat

$0

Flat from 2014

Revenue And Expenses
Liabilities / Revenue25th percentileNet Margin3rd percentile

Revenue

Up

$108,620

Up $28,613 (+36%) from 2014

Expenses

Up

$209,381

Up $156,990 (+300%) from 2014

Net Income

Down

-$100,761

Down $128,377 (-465%) from 2014

Historical Trend

Balance Sheet Trend

Asset Growth12th percentile

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

$1.5M$1.0M$500K$0Assets 2010: $903,232Liabilities 2010: $0Net Assets 2010: $903,2322010Assets 2011: $931,942Liabilities 2011: $0Net Assets 2011: $931,9422011Assets 2012: $1,031,410Liabilities 2012: $0Net Assets 2012: $1,031,4102012Assets 2013: $1,001,434Liabilities 2013: $0Net Assets 2013: $1,001,4342013Assets 2014: $1,017,667Liabilities 2014: $0Net Assets 2014: $1,017,6672014Assets 2015: $868,391Liabilities 2015: $0Net Assets 2015: $868,3912015Assets 2016: $713,278Liabilities 2016: $0Net Assets 2016: $713,2782016Assets 2017: $843,137Liabilities 2017: $0Net Assets 2017: $843,1372017Assets 2018: $637,040Liabilities 2018: $0Net Assets 2018: $637,0402018Assets 2019: $297,062Liabilities 2019: $0Net Assets 2019: $297,0622019Assets 2020: $337,987Liabilities 2020: $0Net Assets 2020: $337,9872020Assets 2021: $355,482Liabilities 2021: $0Net Assets 2021: $355,4822021Assets 2022: $0Liabilities 2022: $0Net Assets 2022: $02022

Highlighted filing

2015

Assets$868,391
Liabilities$0
Net Assets$868,391
Open 2015 Filing

Operations Trend

Revenue Growth83rd percentile

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

$500K$0-$500KExpenses 2010: $02010Expenses 2011: $02011Expenses 2012: $02012Revenue 2013: $34,056Expenses 2013: $197,805Net Income 2013: -$163,7492013Revenue 2014: $80,007Expenses 2014: $52,391Net Income 2014: $27,6162014Revenue 2015: $108,620Expenses 2015: $209,381Net Income 2015: -$100,7612015Revenue 2016: $65,723Expenses 2016: $171,514Net Income 2016: -$105,7912016Revenue 2017: $65,096Expenses 2017: $2,100Net Income 2017: $62,9962017Revenue 2018: $38,667Expenses 2018: $212,087Net Income 2018: -$173,4202018Revenue 2019: $183,836Expenses 2019: $456,154Net Income 2019: -$272,3182019Revenue 2020: $16,240Expenses 2020: $1,555Net Income 2020: $14,6852020Revenue 2021: $20,229Expenses 2021: $2,738Net Income 2021: $17,4912021Revenue 2022: $9,136Expenses 2022: $364,618Net Income 2022: -$355,4822022

Highlighted filing

2015

Revenue$108,620
Expenses$209,381
Net Income-$100,761
Open 2015 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
May 12, 2016
Return Version
2015v2.1
Gross Receipts
$243,860
Mission and Program Overview

Mission

To provide financial assistance to ace tech charter high school.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$1,011,464$867,979▼ $143,485
Cash and Non-Interest-Bearing Accounts$414$328▼ $86
Savings and Temporary Cash Investments$5,789$84▼ $5,705
Total Assets$1,017,667$868,391▼ $149,276
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Unrestricted Net Assets$1,017,667$868,391▼ $149,276
Total Net Assets Fund Balance$1,017,667$868,391▼ $149,276
Total Liabilities and Net Assets / Fund Balance$1,017,667$868,391▼ $149,276

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2015$1,017,667-▲ $58,241-$868,063
2014$1,001,434-▲ $68,624-$1,017,667
2013$1,031,410-▲ $167,829-$1,001,434
2012$931,942-▲ $99,468-$1,031,410
2011$903,232$2,270▲ $26,440-$931,942
Compensation and Service Providers
Top Officer Pay49th percentile

Board Members and Trustees

NameTitle
Michael HughesPresident
Lori KeeneyAssistant Treasurer
Louis JonesSecretary
Dana P ThorneTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,525
Program Service Revenue
$0
Investment Income
$107,095
Other Revenue
$0
All Other Contributions
$1,525
Change in Net Assets
$-100,761
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$207,781
Other Expenses$1,600
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$207,781--$207,781
Fees for Services Accounting-$1,500-$1,500
Fees for Service Investment Mgmnt Fees-$75-$75
Fees for Services Other-$25-$25
Total Functional Expenses$207,781$1,600$0$209,381
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Ace Tech Charter High SchoolChicago, IL501(c)(3)To Support the Operations of the High School and Train Faculty$207,770
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
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
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
Yes
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 8B

“There are no committees with authority to act on behalf of the board.”

Form 990, Part VI, Section B, Line 11

“A copy of the form 990 was provided to the board of directors for review and approval prior to filing.”

Form 990, Part VI, Section B, Line 12C

“The officers are required to annually disclose any potential conflicts of interest. Any identified conflicts of interest would be followed up by the officers.”

Form 990, Part VI, Section B, Line 15

“Form 990, part vi, section b, line 15a and b: there are no compensated officers, directors, or key employees.”

Form 990, Part VI, Section C, Line 19

“The organization makes its governing documents, conflict of interest policy and financial statements available to the public upon request.”

Form 990 Part VI, Section B, Line 13

“As the organization has no employees and only has three officers, a whistleblower policy is not deemed necessary.”

Filing and Contact Details

Filer

Filer Name
Ace Tech Endowment Fund
EIN
72-1602149
Phone
7735488705
Address
5410 S STATE STREET, CHICAGO, IL 60609

Signing Officer

Name
Michael Hughes
Title
President
Phone
7735488705
Signed
2016-05-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Michael Hughes
Formed
2005
Legal Domicile
Il
Voting Board Members
3
Independent Board Members
3
Employees
0
Volunteers
0

Preparer

Firm
Warady & Davis Llp
Address
1717 DEERFIELD RD SUITE 300S, DEERFIELD, IL 60015
Preparer
Susan Greggo
Phone
8472679600
Supplemental Narrative

Financial Statement Notes

PART V, LINE 4:

“To support the ace tech charter high school”

Raw XML Appendix383 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
IRS990/AccountantCompileOrReviewInd00
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0TO PROVIDE FINANCIAL ASSISTANCE TO ACE TECH CHARTER HIGH SCHOOL.
IRS990/AllOtherContributionsAmt01525
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0MIKE IGOE
IRS990/BooksInCareOfDetail/PhoneNum03126097555
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0222 N LASALLE SUITE SUITE 2600
IRS990/BooksInCareOfDetail/USAddress/CityNm0CHICAGO
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IL
IRS990/BooksInCareOfDetail/USAddress/ZIPCd060601
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt0414
IRS990/CashNonInterestBearingGrp/EOYAmt0328
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt01525
IRS990/CYGrantsAndSimilarPaidAmt0207781
IRS990/CYInvestmentIncomeAmt0107095
IRS990/CYOtherExpensesAmt01600
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0-100761
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt0209381
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0108620
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/Desc0PROVIDE FINANCIAL ASSISTANCE TO COVER THE COST OF FACULTY COMPENSATION.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt0170575
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt01500
IRS990/FeesForServicesAccountingGrp/TotalAmt01500
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt025
IRS990/FeesForServicesOtherGrp/TotalAmt025
IRS990/FeesForSrvcInvstMgmntFeesGrp/ManagementAndGeneralAmt075
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt075
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt00.10
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt10.10
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt20.10
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt30.10
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/PersonNm0MICHAEL HUGHES
IRS990/Form990PartVIISectionAGrp/PersonNm1DANA P THORNE
IRS990/Form990PartVIISectionAGrp/PersonNm2LOUIS JONES
IRS990/Form990PartVIISectionAGrp/PersonNm3LORI KEENEY
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt3ASSISTANT TREASURER
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02005
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedInd00
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/SecuritiesAmt098522
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt03
IRS990/GrantAmt0170575
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt0207781
IRS990/GrantsToDomesticOrgsGrp/TotalAmt0207781
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt0233762
IRS990/GrossReceiptsAmt0243860
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt03
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InvestmentIncomeGrp/ExclusionAmt08573
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt08573
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt01011464
IRS990/InvestmentsPubTradedSecGrp/EOYAmt0867979
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0IL
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt0135240
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd00
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO PROVIDE FINANCIAL ASSISTANCE TO ACE TECH CHARTER HIGH SCHOOL.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt01017667
IRS990/NetAssetsOrFundBalancesEOYAmt0868391
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt098522
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt098522
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0-48515
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0MICHAEL HUGHES
IRS990/ProfessionalFundraisingInd00
IRS990/ProgSrvcAccomActy2Grp/Desc0PROVIDE FINANCIAL ASSISTANCE TO FACULTY AND STAFF TO ATTEND SEMINARS AND RELATED TRAVEL EXPENSES AS WELL AS PAY EDUCATIONAL TRAINERS TO PROVIDE FACULTY TRAINING.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt021300
IRS990/ProgSrvcAccomActy2Grp/GrantAmt021300
IRS990/ProgSrvcAccomActy3Grp/Desc0PROVIDE FINANCIAL AID TO PURCHASE EQUIPMENT, BOOKS, PERIODICALS AND TEACHING AIDS.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt015906
IRS990/ProgSrvcAccomActy3Grp/GrantAmt015906
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt052341
IRS990/PYInvestmentIncomeAmt080007
IRS990/PYOtherExpensesAmt050
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt027616
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt052391
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt080007
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-100761
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt05789
IRS990/SavingsAndTempCashInvstGrp/EOYAmt084
IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd01
IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd00
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0THE DIRECTORS AND STAFF OF ACE TECHNICAL CHARTER HIGH SCHOOL WORK CLOSELY WITH THE LEADERSHIP OF ACE TECH ENDOWMENT FUND TO PROVIDE GUIDANCE REGARDING THEIR FINANCIAL NEEDS AND WAYS IN WHICH ACE TECH ENDOWMENT FUND MAY SUPPORT THE ACTIVITIES OF ACE TECHNICAL CHARTER HIGH SCHOOL.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART IV, SECTION C, LINE 1:
IRS990ScheduleA/MajorityDirTrstSupportedOrgInd00
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/SupportedOrganizationsCnt01
IRS990ScheduleA/SupportedOrganizationsTotalCnt01
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0341987246
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd01
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd02
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt0207770
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0ACE TECH CHARTER HIGH SCHOOL
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType2Ind0X
IRS990ScheduleA/SupportSumAmt0207770
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BoardDesignatedBalanceEOYPct01.00000
IRS990ScheduleD/CYEndwmtFundGrp/AdministrativeExpensesAmt075
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt01017667
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt0868063
IRS990ScheduleD/CYEndwmtFundGrp/GrantsOrScholarshipsAmt0207770
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt058241
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/AdministrativeExpensesAmt050
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt01001434
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt01017667
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/GrantsOrScholarshipsAmt052341
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt068624
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/AdministrativeExpensesAmt075
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt01031410
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt01001434
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/GrantsOrScholarshipsAmt0-197730
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0167829
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt0931942
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt01031410
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt099468
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt0903232
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/ContributionsAmt02270
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt0931942
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt026440
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd00
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd00
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0TO SUPPORT THE ACE TECH CHARTER HIGH SCHOOL
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART V, LINE 4:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleI/GrantRecordsMaintainedInd00
IRS990ScheduleI/RecipientTable/CashGrantAmt0207770
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501(C)(3)
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0TO SUPPORT THE OPERATIONS OF THE HIGH SCHOOL AND TRAIN FACULTY
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0ACE TECH CHARTER HIGH SCHOOL
IRS990ScheduleI/RecipientTable/RecipientEIN0341987246
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt05410 SOUTH STATE STREET
IRS990ScheduleI/RecipientTable/USAddress/CityNm0CHICAGO
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0IL
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd0606096342
IRS990ScheduleI/Total501c3OrgCnt01
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THERE ARE NO COMMITTEES WITH AUTHORITY TO ACT ON BEHALF OF THE BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1A COPY OF THE FORM 990 WAS PROVIDED TO THE BOARD OF DIRECTORS FOR REVIEW AND APPROVAL PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE OFFICERS ARE REQUIRED TO ANNUALLY DISCLOSE ANY POTENTIAL CONFLICTS OF INTEREST. ANY IDENTIFIED CONFLICTS OF INTEREST WOULD BE FOLLOWED UP BY THE OFFICERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3FORM 990, PART VI, SECTION B, LINE 15A AND B: THERE ARE NO COMPENSATED OFFICERS, DIRECTORS, OR KEY EMPLOYEES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5AS THE ORGANIZATION HAS NO EMPLOYEES AND ONLY HAS THREE OFFICERS, A WHISTLEBLOWER POLICY IS NOT DEEMED NECESSARY.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990 PART VI, SECTION B, LINE 13
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd01
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0ACE TECH CHARTER HIGH SCHOOL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0341987246
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0IL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0SCHOOL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0LINE 2
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt05410 SOUTH STATE STREET
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0CHICAGO
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0IL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd0606096342
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0IL
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd01
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt01017667
IRS990/TotalAssetsEOYAmt0868391
IRS990/TotalAssetsGrp/BOYAmt01017667
IRS990/TotalAssetsGrp/EOYAmt0868391
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt01525
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt01600
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0207781
IRS990/TotalFunctionalExpensesGrp/TotalAmt0209381
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01017667
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0868391
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0207781
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt0107095
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0108620
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01017667
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0868391
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt01017667
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0868391
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt05410 S STATE STREET
IRS990/USAddress/CityNm0CHICAGO
IRS990/USAddress/StateAbbreviationCd0IL
IRS990/USAddress/ZIPCd060609
IRS990/VotingMembersGoverningBodyCnt03
IRS990/VotingMembersIndependentCnt03
IRS990/WebsiteAddressTxt0NONE
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02016-09-27 15:27:22Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0MICHAEL HUGHES
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum07735488705
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-05-12
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0ACE TECH ENDOWMENT FUND
ReturnHeader/Filer/BusinessNameControlTxt0ACET
ReturnHeader/Filer/EIN0721602149
ReturnHeader/Filer/PhoneNum07735488705
ReturnHeader/Filer/USAddress/AddressLine1Txt05410 S STATE STREET
ReturnHeader/Filer/USAddress/CityNm0CHICAGO
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IL
ReturnHeader/Filer/USAddress/ZIPCd060609
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0362170602
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0WARADY & DAVIS LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01717 DEERFIELD RD SUITE 300S
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0DEERFIELD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd060015
ReturnHeader/PreparerPersonGrp/PhoneNum08472679600
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0SUSAN GREGGO
ReturnHeader/ReturnTs02016-05-12T15:00:16-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02015-01-01
ReturnHeader/TaxPeriodEndDt02015-12-31
ReturnHeader/TaxYr02015

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2015 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$868,391
Liabilities
$0
Net assets
$868,391
Revenue
$108,620
Expenses
$209,381
Net income
-$100,761
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2022Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$0.01$0.36$0.36
2021Detailed filing. Detailed filing data is available for this year.$0.36$0.00$0.36$0.02$0.00$0.02
2020Detailed filing. Detailed filing data is available for this year.$0.34$0.00$0.34$0.02$0.00$0.01
2019Detailed filing. Detailed filing data is available for this year.$0.30$0.00$0.30$0.18$0.46$0.27
2018Detailed filing. Detailed filing data is available for this year.$0.64$0.00$0.64$0.04$0.21$0.17
2017Detailed filing. Detailed filing data is available for this year.$0.84$0.00$0.84$0.07$0.00$0.06
2016Detailed filing. Detailed filing data is available for this year.$0.71$0.00$0.71$0.07$0.17$0.11
2015Detailed filing. Detailed filing data is available for this year.$0.87$0.00$0.87$0.11$0.21$0.10
2014Detailed filing. Detailed filing data is available for this year.$1.02$0.00$1.02$0.08$0.05$0.03
2013Detailed filing. Detailed filing data is available for this year.$1.00$0.00$1.00$0.03$0.20$0.16
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.03$0.00$1.03$0.00
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.93$0.00$0.93$0.00
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.90$0.00$0.90$0.00