Civic Intelligence

Austin Gifted Inc

990 • Fiscal year 2014 • EIN 74-2913554

Sep 01, 2013 to Aug 31, 2014 • Filed on Apr 24, 2015

Organization ProfileWWW.AUSTINGIFTED.ORG
3901 Shoal Creek Blvd78756

(512) 206-4070

Siviq Scores

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

Liabilities / Assets

87th percentile

0.79x

Higher debt load relative to assets than 87% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Liabilities / Revenue

74th percentile

0.42x

Higher debt load relative to revenue than 74% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Net Margin

37th percentile

-0.8%

Higher net margin than 37% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Top Officer Pay

73rd percentile

$107,233

Higher top officer pay than 73% of similar nonprofits.

Top officer pay equals 4.4% of source-year revenue.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Asset Growth

14th percentile

-8.5%

Faster asset growth than 14% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2013 to 2014

Revenue Growth

71st percentile

16%

Faster revenue growth than 71% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2012 to 2014

Balance Sheet
Liabilities / Assets87th percentile

Assets

Down

$1,308,443

Down $122,167 (-8.5%) from 2013

Net Assets

Down

$268,707

Down $9,454 (-3.4%) from 2013

Liabilities

Down

$1,039,736

Down $112,713 (-9.8%) from 2013

Revenue And Expenses
Liabilities / Revenue74th percentileNet Margin37th percentile

Revenue

$2,462,372

No earlier filing loaded for comparison.

Expenses

Up

$2,481,007

Up $355,741 (+17%) from 2013

Net Income

-$18,635

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset Growth14th percentile

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

$3.0M$2.0M$1.0M$0Assets 2011: $1,224,965Liabilities 2011: $814,697Net Assets 2011: $410,2682011Assets 2012: $1,308,631Liabilities 2012: $1,053,737Net Assets 2012: $254,8942012Assets 2013: $1,430,610Liabilities 2013: $1,152,449Net Assets 2013: $278,1612013Assets 2014: $1,308,443Liabilities 2014: $1,039,736Net Assets 2014: $268,7072014Assets 2015: $1,266,274Liabilities 2015: $1,150,516Net Assets 2015: $115,7582015Assets 2016: $831,896Liabilities 2016: $774,245Net Assets 2016: $57,6512016Assets 2017: $872,393Liabilities 2017: $773,410Net Assets 2017: $98,9832017Assets 2018: $1,162,927Liabilities 2018: $892,765Net Assets 2018: $270,1622018Assets 2019: $2,338,113Liabilities 2019: $2,064,764Net Assets 2019: $273,3492019Assets 2020: $1,536,559Liabilities 2020: $897,895Net Assets 2020: $638,6642020Assets 2021: $2,344,588Liabilities 2021: $1,267,575Net Assets 2021: $1,077,0132021Assets 2022: $1,913,240Liabilities 2022: $1,192,483Net Assets 2022: $720,7572022Assets 2023: $1,845,260Liabilities 2023: $769,251Net Assets 2023: $1,076,0092023Assets 2024: $2,042,259Liabilities 2024: $1,300,574Net Assets 2024: $741,6852024

Highlighted filing

2014

Assets$1,308,443
Liabilities$1,039,736
Net Assets$268,707
Open 2014 Filing

Operations Trend

Revenue Growth71st percentile

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

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2011: $1,529,461Expenses 2011: $1,505,540Net Income 2011: $23,9212011Revenue 2012: $1,838,946Expenses 2012: $1,998,280Net Income 2012: -$159,3342012Expenses 2013: $2,125,2662013Revenue 2014: $2,462,372Expenses 2014: $2,481,007Net Income 2014: -$18,6352014Revenue 2015: $2,576,507Expenses 2015: $2,713,194Net Income 2015: -$136,6872015Revenue 2016: $2,459,616Expenses 2016: $2,515,514Net Income 2016: -$55,8982016Revenue 2017: $1,872,831Expenses 2017: $1,838,252Net Income 2017: $34,5792017Revenue 2018: $2,174,657Expenses 2018: $2,010,976Net Income 2018: $163,6812018Revenue 2019: $2,185,377Expenses 2019: $2,157,921Net Income 2019: $27,4562019Revenue 2020: $2,310,209Expenses 2020: $2,112,649Net Income 2020: $197,5602020Revenue 2021: $2,049,769Expenses 2021: $1,648,647Net Income 2021: $401,1222021Revenue 2022: $1,321,074Expenses 2022: $1,677,330Net Income 2022: -$356,2562022Revenue 2023: $1,847,254Expenses 2023: $1,632,434Net Income 2023: $214,8202023Revenue 2024: $1,510,458Expenses 2024: $1,844,782Net Income 2024: -$334,3242024

Highlighted filing

2014

Revenue$2,462,372
Expenses$2,481,007
Net Income-$18,635
Open 2014 Filing
Jump To
Filing Snapshot
Filing Period
Sep 1, 2013 to Aug 31, 2014
Signed
Apr 24, 2015
Return Version
2013v4.0
Gross Receipts
$2,487,642
Mission and Program Overview

Mission

Ace academy is a private, independent school for gifted students in

Ace academy is a private, independent school for gifted students in austin, tx.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$832,147$769,090▼ $63,057
Investments in Publicly Traded Securities$269,263$286,125▲ $16,862
Savings and Temporary Cash Investments$247,495$159,641▼ $87,854
Accounts Receivable$51,364$63,310▲ $11,946
Land, Buildings, and Equipment, Net$15,940$16,047▲ $107
Prepaid Expenses and Deferred Charges$14,401$14,230▼ $171
Total Assets$1,430,610$1,308,443▼ $122,167
Liabilities
Deferred Revenue$1,116,724$1,035,166▼ $81,558
Accounts Payable and Accrued Expenses$35,725$4,570▼ $31,155
Total Liabilities$1,152,449$1,039,736▼ $112,713
Net Assets / Fund Balance
Unrestricted Net Assets$278,161$268,707▼ $9,454
Total Net Assets Fund Balance$278,161$268,707▼ $9,454
Total Liabilities and Net Assets / Fund Balance$1,430,610$1,308,443▼ $122,167

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$16,047$29,298$45,345
Compensation and Service Providers
Top Officer Pay73rd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Donna HulseyHead of SchoolFT$101,233$6,000$107,233
Karen LangdonAdmissions DirectorFT$98,160$6,000$104,160

Board Members and Trustees

NameTitle
Adam FlaggBoard Member
Danny MulliganBoard Member
Estuardo RoblesBoard Member
Hatice KueyBoard Member
Keith MoeBoard Member
Larry SecrestBoard Member
Laura DinkelBoard Member
R Scott EvansBoard Member
Ross GarssonBoard Member
Revenue and Support

Revenue Composition

Contributions and Grants
$83,780
Program Service Revenue
$2,347,694
Investment Income
$7,997
Other Revenue
$22,901
All Other Contributions
$83,780
Change in Net Assets
$-18,635

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,462,372
Revenue Not Reported on Form 990
$34,451
Total Revenue per Audited Statements
$2,496,823
Total Revenue per Form 990
$2,462,372
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$2,134,161
Other Expenses$310,046
Grants and Similar Amounts Paid$36,800
Total Fundraising Expense$2,085
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,640,075$0$0$1,640,075
Current Officers, Directors, Trustees, and Key Employees$188,541$20,852$2,085$211,478
Payroll Taxes$150,509$0$0$150,509
Occupancy$120,186$13,354$0$133,540
Other Employee Benefits$132,099$0$0$132,099
Office Expenses$65,171$10,784$0$75,955
Fees for Services Accounting$32,004$7,500$0$39,504
Grants to Domestic Individuals$36,800--$36,800
Fees for Services Other$35,732$0$0$35,732
Depreciation Depletion$0$7,713$0$7,713
Advertising$7,316$0$0$7,316
Other Expenses$0$5,475$0$5,475
Insurance$0$4,811$0$4,811
Total Functional Expenses$2,408,433$70,489$2,085$2,481,007

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$2,506,277
Expenses per Audited Statements$2,481,007
Total Expenses per Form 990$2,481,007
Expenses Not Reported on Form 990$25,270
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$48,171
Fundraising Direct Expenses$25,270
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Event 1$48,171$48,171$25,270$22,901
Total Events$48,171$48,171$25,270$22,901
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
Audit committee
Yes
Backup withholding compliance
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

EIN
74-2913554
Phone
5122064070

Signing Officer

Name
Donna Hulsey
Title
Head of School
Phone
5122064070
Signed
2015-04-24
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Donna Hulsey
Formed
2005
Legal Domicile
TX
Voting Board Members
11
Independent Board Members
9
Employees
80
Volunteers
50

Preparer

Preparer
Peter L Allman CPA
Phone
5125023077
Supplemental Narrative

Additional Explanations

Pt VI, Line 11B

“The head of the school and the director of admissions review”

Pt VI, Line 11B

“The form 990 with their bookkeeper and their cpa tax preparer”

Pt VI, Line 11B

“Prior to the form 990 filing.”

Pt VI, Line 15A

“The board of directors sets the compensation for the head”

Pt VI, Line 15A

“Of the school and the director of admissions during the”

Pt VI, Line 15B

“Budget process each year.”

Pt VI, Line 19

“The organization's form 990 with financial information”

Pt VI, Line 19

“Is available to the general public upon request.”

Financial Statement Notes

Pt XI Line 2D

“FUNDRAISER EXPENSES”

Pt XII Line 2D

“FUNDRAISER EXPENSES”

Raw XML AppendixShowing 400 of 494 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.

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IRS990/Desc0ACE ACADEMY OFFERS A FULL-TIME PROGRAM SPECIFICALLY DESIGNED FOR THE GIFTED LEARNER. THROUGH INTERDISCIPLINARY CURRICULUM AND RELATIONAL LEARNING, ACE ENCOURAGES A GLOBAL, IN-DEPTH PERSPECTIVE IN ITS STUDENTS. FOREIGN LANGUAGE, ART, MUSIC, DRAMA, CHESS, ROBOTICS, AND PHYSICAL EDUCATION ROUND OUT CORE ACADEMICS. THE ACADEMY HOLDS THE SUMMER WONDERS PROGRAM ANNUALLY. SUMMER WONDERS ALLOWS STUDENTS TO EXPLORE DIVERSE SUBJECTS IN A CHALLENGING, CREATIVE ENVIRONMENT THROUGH AN INTEGRATIVE, HANDS-ON, NON-TRADITIONAL APPROACH.
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IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt00
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0132099
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0132099
IRS990/OtherExpensesGrp/Desc0BAD DEBTS
IRS990/OtherExpensesGrp/FundraisingAmt00
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt05475
IRS990/OtherExpensesGrp/ProgramServicesAmt00
IRS990/OtherExpensesGrp/TotalAmt05475
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt00
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt00
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt01640075
IRS990/OtherSalariesAndWagesGrp/TotalAmt01640075
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt00
IRS990/PayrollTaxesGrp/ProgramServicesAmt0150509
IRS990/PayrollTaxesGrp/TotalAmt0150509
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt014401
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt014230
IRS990/PrincipalOfficerNm0DONNA HULSEY
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/BusinessCd1900099
IRS990/ProgramServiceRevenueGrp/BusinessCd2900099
IRS990/ProgramServiceRevenueGrp/BusinessCd3900099
IRS990/ProgramServiceRevenueGrp/Desc0TUITION & FEES
IRS990/ProgramServiceRevenueGrp/Desc1SUMMER WONDERS
IRS990/ProgramServiceRevenueGrp/Desc2TESTING FEES
IRS990/ProgramServiceRevenueGrp/Desc3STUDENT ACTIVITIES
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt02030942
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1257042
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt245850
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt313860
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt084375
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt022000
IRS990/PYInvestmentIncomeAmt011335
IRS990/PYOtherExpensesAmt0324242
IRS990/PYOtherRevenueAmt030876
IRS990/PYProgramServiceRevenueAmt02029252
IRS990/PYRevenuesLessExpensesAmt030572
IRS990/PYSalariesCompEmpBnftPaidAmt01779024
IRS990/PYTotalExpensesAmt02125266
IRS990/PYTotalRevenueAmt02155838
IRS990/QuidProQuoContributionsInd0true
IRS990/QuidProQuoContriDisclInd0true
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-18635
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt02347694
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0247495
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0159641
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0131951
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0132100
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0106219
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt097394
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt084379
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0552043
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt07997
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt011335
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt02907
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt02744
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt02403
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt027386
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt02347694
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt02029252
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt01745792
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt01442913
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt01040781
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt08606432
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt07997
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt011335
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt02907
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt02744
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt02403
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt027386
IRS990ScheduleA/InvestmentIncomeCYPct00.00300
IRS990ScheduleA/InvestmentIncomePYPct00.00310
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00
IRS990ScheduleA/PublicSupportCY509Pct00.95920
IRS990ScheduleA/PublicSupportPY509Pct00.95150
IRS990ScheduleA/PublicSupportTotal170Amt00
IRS990ScheduleA/PublicSupportTotal509Amt08810977
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearAmt025357
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus1YearAmt021276
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus2YearsAmt044100
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus3YearsAmt089900
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus4YearsAmt0166865
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt0347498
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearAmt025357
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus1YearAmt021276
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus2YearsAmt044100
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus3YearsAmt089900
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus4YearsAmt0166865
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt0347498
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt02479645
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt02161352
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt01852011
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt01540307
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt01125160
IRS990ScheduleA/Total509Grp/TotalAmt09158475
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt09185861
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/EquipmentGrp/BookValueAmt016047
IRS990ScheduleD/EquipmentGrp/DepreciationAmt029298
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt045345
IRS990ScheduleD/ExpensesNotReportedAmt025270
IRS990ScheduleD/ExpensesSubtotalAmt02481007
IRS990ScheduleD/NetUnrealizedGainsInvstAmt09181
IRS990ScheduleD/OtherExpensesIncludedAmt025270
IRS990ScheduleD/OtherRevenueAmt025270
IRS990ScheduleD/RevenueNotReportedAmt034451
IRS990ScheduleD/RevenueSubtotalAmt02462372
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0FUNDRAISER EXPENSES
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1FUNDRAISER EXPENSES
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt XI Line 2d
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt XII Line 2d
IRS990ScheduleD/TotalBookValueLandBuildingsAmt016047
IRS990ScheduleD/TotalExpensesPerForm990Amt02481007
IRS990ScheduleD/TotalRevenuePerForm990Amt02462372
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt02496823
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt02506277
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt025270
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt048171
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt048171
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt048171
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt048171
IRS990ScheduleG/FundraisingEventInformationGrp/NameOfEvent1Amt0SPRING GALA
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt022901
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt025270
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt025270
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt036800
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0FINANCIAL AID FOR TUITION
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/NonCashAssistanceDesc0N/A
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt09
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/ValuationMethodUsedDesc0TUITION RATES
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0THE ACE ACADEMY UTILIZES THE FACTS GRANT AND AID ASSESSMENT TO DETERMINE
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt1ELIGIBILITY FOR FINANCIAL AID. FINANCIAL AID IS GIVEN OUT BASED ON MONEY
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt2AVAILABLE. ALL FINANCIAL AID IS IN THE FORM OF A REDUCTION IN TUITION PAID
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt3BY PARENTS AND IS MONITORED BY THE SCHOOL'S ADMINISTRATIVE OFFICE.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt I Line 2
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt I Line 2
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt I Line 2
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc3Pt I Line 2
IRS990/ScheduleJRequiredInd0false

Document Assets

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Filings

Displayed year

2014 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,308,443
Liabilities
$1,039,736
Net assets
$268,707
Revenue
$2,462,372
Expenses
$2,481,007
Net income
-$18,635
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.04$1.30$0.74$1.51$1.84$0.33
2023Detailed filing. Detailed filing data is available for this year.$1.85$0.77$1.08$1.85$1.63$0.21
2022Detailed filing. Detailed filing data is available for this year.$1.91$1.19$0.72$1.32$1.68$0.36
2021Detailed filing. Detailed filing data is available for this year.$2.34$1.27$1.08$2.05$1.65$0.40
2020Detailed filing. Detailed filing data is available for this year.$1.54$0.90$0.64$2.31$2.11$0.20
2019Detailed filing. Detailed filing data is available for this year.$2.34$2.06$0.27$2.19$2.16$0.03
2018Detailed filing. Detailed filing data is available for this year.$1.16$0.89$0.27$2.17$2.01$0.16
2017Detailed filing. Detailed filing data is available for this year.$0.87$0.77$0.10$1.87$1.84$0.03
2016Detailed filing. Detailed filing data is available for this year.$0.83$0.77$0.06$2.46$2.52$0.06
2015Detailed filing. Detailed filing data is available for this year.$1.27$1.15$0.12$2.58$2.71$0.14
2014Detailed filing. Detailed filing data is available for this year.$1.31$1.04$0.27$2.46$2.48$0.02
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.43$1.15$0.28$2.13
2012Summary only. Only limited summary data is available for this year.$1.31$1.05$0.25$1.84$2.00$0.16
2011Summary only. Only limited summary data is available for this year.$1.22$0.81$0.41$1.53$1.51$0.02