Civic Intelligence

James Shaw Ace Academy

990 • Fiscal year 2019 • EIN 81-1862359

Jan 01, 2019 to Dec 31, 2019 • Filed on May 11, 2020

Organization Profilewww.shawaceacademy.com
163 STRATFORD COURT Room STE 110Winston Salem, NC 27103

(336) 306-8145

Siviq Scores

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

Liabilities / Assets

65th percentile

0.00x

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

2019 filings • NTEE T50 • <$500k nonprofits • Source year 2019

Liabilities / Revenue

64th percentile

0.00x

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

2019 filings • NTEE T50 • <$500k nonprofits • Source year 2019

Net Margin

76th percentile

31%

Higher net margin than 76% of similar nonprofits.

2019 filings • NTEE T50 • <$500k nonprofits • Source year 2019

Top Officer Pay

90th percentile

$0

Higher top officer pay than 90% of similar nonprofits.

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

2019 filings • NTEE T50 • <$500k nonprofits • Source year 2019

Asset Growth

76th percentile

50%

Faster asset growth than 76% of similar nonprofits.

2019 filings • NTEE T50 • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

30th percentile

-21%

Faster revenue growth than 30% of similar nonprofits.

2019 filings • NTEE T50 • <$500k nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / Assets65th percentile

Assets

Up

$73,113

Up $24,503 (+50%) from 2018

Net Assets

Up

$73,113

Up $24,503 (+50%) from 2018

Liabilities

Flat

$0

Flat from 2018

Revenue And Expenses
Liabilities / Revenue64th percentileNet Margin76th percentile

Revenue

Down

$79,210

Down $20,582 (-21%) from 2018

Expenses

Up

$54,707

Up $3,525 (+6.9%) from 2018

Net Income

Down

$24,503

Down $24,107 (-50%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth76th percentile

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

$80K$60K$40K$20K$0Assets 2018: $48,610Liabilities 2018: $0Net Assets 2018: $48,6102018Assets 2019: $73,113Liabilities 2019: $0Net Assets 2019: $73,1132019Assets 2020: $65,086Liabilities 2020: $0Net Assets 2020: $65,0862020Assets 2021: $39,774Liabilities 2021: $0Net Assets 2021: $39,7742021Assets 2022: $20,811Liabilities 2022: $0Net Assets 2022: $20,8112022Assets 2023: $27,781Liabilities 2023: $0Net Assets 2023: $27,7812023Assets 2024: $33,551Liabilities 2024: $0Net Assets 2024: $33,5512024

Highlighted filing

2019

Assets$73,113
Liabilities$0
Net Assets$73,113
Open 2019 Filing

Operations Trend

Revenue Growth30th percentile

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

$100K$50K$0-$50KRevenue 2018: $99,792Expenses 2018: $51,182Net Income 2018: $48,6102018Revenue 2019: $79,210Expenses 2019: $54,707Net Income 2019: $24,5032019Revenue 2020: $36,979Expenses 2020: $45,006Net Income 2020: -$8,0272020Revenue 2021: $47,169Expenses 2021: $72,481Net Income 2021: -$25,3122021Revenue 2022: $32,137Expenses 2022: $51,100Net Income 2022: -$18,9632022Revenue 2023: $49,406Expenses 2023: $42,436Net Income 2023: $6,9702023Revenue 2024: $70,083Expenses 2024: $64,313Net Income 2024: $5,7702024

Highlighted filing

2019

Revenue$79,210
Expenses$54,707
Net Income$24,503
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
May 11, 2020
Return Version
2019v5.1
Gross Receipts
$79,210
Mission and Program Overview

Mission

Through lectures and a summer camp, introduce middle and high school students to the career opportunities in the aviation/aerospace industries.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$48,610$73,113▲ $24,503
Total Assets$48,610$73,113▲ $24,503
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$48,610$73,113▲ $24,503
Total Net Assets Fund Balance$48,610$73,113▲ $24,503
Total Liabilities and Net Assets / Fund Balance$48,610$73,113▲ $24,503
Compensation and Service Providers
Top Officer Pay90th percentile

Board Members and Trustees

NameTitle
James Shaw SrChairman, CEO
Angela AndersonBoard member
James Shaw IIIBoard member
Clementine ShawExecutive VP
James Shaw JrSecond VP
Alexandra ShawSecretary/Treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$66,835
Program Service Revenue
$12,375
Investment Income
$0
Other Revenue
$0
All Other Contributions
$63,536
Change in Net Assets
$24,503
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$54,707
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Management-$9,882-$9,882
Other Expenses$16,130$3,536-$3,536
Conferences and Meetings-$2,775-$2,775
Occupancy-$2,750-$2,750
Travel-$2,678-$2,678
Insurance-$2,358-$2,358
Office Expenses-$1,470-$1,470
Fees for Services Accounting-$1,175-$1,175
Fees for Services Legal-$550-$550
Total Functional Expenses$24,764$29,943$0$54,707
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
Yes
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
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
Yes
Other officer compensation reviewed
Yes
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 B, Line 11B

“Board reviews and approves Form 990 prior to filing.”

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

“Board members/officers provide signed statement that they are in compliance with the Organizations policy on conflicts of interest annually.”

Form 990, Part VI, Section B, Line 15B

“Currently, no officer or board member recieves any compensation from the Organization, nor are there any plans to change this arrangement. However, should compensation ever become an issue, all compensation levels will be approved by the Board.”

Form 990, Part VI, Section C, Line 19

“All pertinent documents are availble for inspection at the Organizations office upon request.”

Filing and Contact Details

Filer

Filer Name
James Shaw Ace Academy
EIN
81-1862359
Phone
3363068145
Address
163 STRATFORD COURT Room STE 110, WINSTON SALEM, NC 27103
Doing Business As
Ace Academy

Signing Officer

Name
James Shaw Sr
Title
Chairman
Signed
2020-05-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
James Shaw Sr
Formed
2017
Legal Domicile
Nc
Voting Board Members
6
Independent Board Members
6
Employees
0

Preparer

Firm
Preston Sims & Darden PA
Address
3410 Healy Drive, Winston Salem, NC 27103
Preparer
James L Darden
Phone
3367940662
Raw XML Appendix333 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/AccountantCompileOrReviewInd0true
IRS990/AcctCompileOrReviewBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0Through lectures and a summer camp, introduce middle and high school students to the career opportunities in the aviation/aerospace industries.
IRS990/AdvertisingGrp/TotalAmt00
IRS990/AllOtherContributionsAmt063536
IRS990/AllOtherExpensesGrp/TotalAmt00
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/BackupWthldComplianceInd0true
IRS990/BenefitsToMembersGrp/TotalAmt00
IRS990/BooksInCareOfDetail/PersonNm0James Shaw
IRS990/BooksInCareOfDetail/PhoneNum03363068145
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0163 Stratford Court Suite 110
IRS990/BooksInCareOfDetail/USAddress/CityNm0Winston Salem
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NC
IRS990/BooksInCareOfDetail/USAddress/ZIPCd027103
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt048610
IRS990/CashNonInterestBearingGrp/EOYAmt073113
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt00
IRS990/CompDisqualPersonsGrp/TotalAmt00
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0true
IRS990/ConferencesMeetingsGrp/ManagementAndGeneralAmt02775
IRS990/ConferencesMeetingsGrp/TotalAmt02775
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt066835
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt00
IRS990/CYOtherExpensesAmt054707
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt012375
IRS990/CYRevenuesLessExpensesAmt024503
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt054707
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt079210
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/TotalAmt00
IRS990/Desc0Aviation/aeronautics camp expenses
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DoingBusinessAsName/BusinessNameLine1Txt0ACE ACADEMY
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt024764
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt01175
IRS990/FeesForServicesAccountingGrp/TotalAmt01175
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt0550
IRS990/FeesForServicesLegalGrp/TotalAmt0550
IRS990/FeesForServicesLobbyingGrp/TotalAmt00
IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt09882
IRS990/FeesForServicesManagementGrp/TotalAmt09882
IRS990/FeesForServicesOtherGrp/TotalAmt00
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt00
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignGrantsGrp/TotalAmt00
IRS990/ForeignOfficeInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt0020.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1001.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt2005.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt3002.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt4001.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt5001.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/PersonNm0James Shaw Sr
IRS990/Form990PartVIISectionAGrp/PersonNm1Clementine Shaw
IRS990/Form990PartVIISectionAGrp/PersonNm2James Shaw Jr
IRS990/Form990PartVIISectionAGrp/PersonNm3Alexandra Shaw
IRS990/Form990PartVIISectionAGrp/PersonNm4James Shaw III
IRS990/Form990PartVIISectionAGrp/PersonNm5Angela Anderson
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/TitleTxt0Chairman, CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt1Executive VP
IRS990/Form990PartVIISectionAGrp/TitleTxt2Second VP
IRS990/Form990PartVIISectionAGrp/TitleTxt3Secretary/Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt4Board member
IRS990/Form990PartVIISectionAGrp/TitleTxt5Board member
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr02017
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/FundraisingAmt03299
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt06
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt00
IRS990/GrantsToDomesticOrgsGrp/TotalAmt00
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt079210
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt06
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/TotalAmt00
IRS990/InsuranceGrp/ManagementAndGeneralAmt02358
IRS990/InsuranceGrp/TotalAmt02358
IRS990/InterestGrp/TotalAmt00
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt03
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0NC
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0Through lectures and a summer camp, introduce middle and high school students to the career opportunities in the aviation/aerospace industries.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt048610
IRS990/NetAssetsOrFundBalancesEOYAmt073113
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt048610
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt073113
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ManagementAndGeneralAmt02750
IRS990/OccupancyGrp/TotalAmt02750
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt01470
IRS990/OfficeExpensesGrp/TotalAmt01470
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherExpensesGrp/Desc0Supplies
IRS990/OtherExpensesGrp/Desc1Telephone/Internet
IRS990/OtherExpensesGrp/Desc2Ace Camp expenses
IRS990/OtherExpensesGrp/Desc3Repairs
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0300
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt12469
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt23536
IRS990/OtherExpensesGrp/ProgramServicesAmt08634
IRS990/OtherExpensesGrp/ProgramServicesAmt116130
IRS990/OtherExpensesGrp/TotalAmt08934
IRS990/OtherExpensesGrp/TotalAmt12469
IRS990/OtherExpensesGrp/TotalAmt216130
IRS990/OtherExpensesGrp/TotalAmt33536
IRS990/OtherSalariesAndWagesGrp/TotalAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/TotalAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0James Shaw Sr
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0611710
IRS990/ProgramServiceRevenueGrp/Desc0Camp fees
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt012375
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt097542
IRS990/PYExcessBenefitTransInd0false
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt051182
IRS990/PYProgramServiceRevenueAmt02250
IRS990/PYRevenuesLessExpensesAmt048610
IRS990/PYTotalExpensesAmt051182
IRS990/PYTotalRevenueAmt099792
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt024503
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt079210
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt049792
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0129002
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.00000
IRS990ScheduleA/PublicSupportCY509Pct00.00000
IRS990ScheduleA/PublicSupportTotal170Amt0129002
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt079210
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt049792
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0129002
IRS990ScheduleA/TotalSupportAmt0129002
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
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Board reviews and approves Form 990 prior to filing.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Board members/officers provide signed statement that they are in compliance with the Organizations policy on conflicts of interest annually.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Currently, no officer or board member recieves any compensation from the Organization, nor are there any plans to change this arrangement. However, should compensation ever become an issue, all compensation levels will be approved by the Board.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3All pertinent documents are availble for inspection at the Organizations office upon request.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section B, Line 15b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section C, Line 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0NC
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt048610
IRS990/TotalAssetsEOYAmt073113
IRS990/TotalAssetsGrp/BOYAmt048610
IRS990/TotalAssetsGrp/EOYAmt073113
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt066835
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt029943
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt024764
IRS990/TotalFunctionalExpensesGrp/TotalAmt054707
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt048610
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt073113
IRS990/TotalProgramServiceExpensesAmt024764
IRS990/TotalProgramServiceRevenueAmt012375
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt079210
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt048610
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt073113
IRS990/TravelGrp/ManagementAndGeneralAmt02678
IRS990/TravelGrp/TotalAmt02678
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0163 Stratford Court Suite 110
IRS990/USAddress/CityNm0Winston Salem
IRS990/USAddress/StateAbbreviationCd0NC
IRS990/USAddress/ZIPCd027103
IRS990/VotingMembersGoverningBodyCnt06
IRS990/VotingMembersIndependentCnt06
IRS990/WebsiteAddressTxt0www.shawaceacademy.com
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02020-09-23 17:36:50Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0James Shaw Sr
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Chairman
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-05-11
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0JAMES SHAW ACE ACADEMY
ReturnHeader/Filer/BusinessNameControlTxt0JAME
ReturnHeader/Filer/EIN0811862359
ReturnHeader/Filer/PhoneNum03363068145
ReturnHeader/Filer/USAddress/AddressLine1Txt0163 STRATFORD COURT Room STE 110
ReturnHeader/Filer/USAddress/CityNm0WINSTON SALEM
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NC
ReturnHeader/Filer/USAddress/ZIPCd027103
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId018602E7D7E8B945EF540AF7A2BAB93764B2C339D
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId018602E7D7E8B945EF540AF7A2BAB93764B2C339D
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt0104.138.221.233
ReturnHeader/FilingSecurityInformation/IPDt02020-05-11
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0ED
ReturnHeader/FilingSecurityInformation/IPTm018:35:58
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Preston Sims & Darden PA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt03410 Healy Drive
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Winston Salem
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd027103
ReturnHeader/PreparerPersonGrp/PhoneNum03367940662
ReturnHeader/PreparerPersonGrp/PreparationDt02020-05-11
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0James L Darden
ReturnHeader/ReturnTs02020-05-11T02:39:26-00:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02019-01-01
ReturnHeader/TaxPeriodEndDt02019-12-31
ReturnHeader/TaxYr02019

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2019 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$73,113
Liabilities
$0
Net assets
$73,113
Revenue
$79,210
Expenses
$54,707
Net income
$24,503
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$33.6$0.00$33.6$70.1$64.3$5.77
2023Detailed filing. Detailed filing data is available for this year.$27.8$0.00$27.8$49.4$42.4$6.97
2022Detailed filing. Detailed filing data is available for this year.$20.8$0.00$20.8$32.1$51.1$19.0
2021Detailed filing. Detailed filing data is available for this year.$39.8$0.00$39.8$47.2$72.5$25.3
2020Detailed filing. Detailed filing data is available for this year.$65.1$0.00$65.1$37.0$45.0$8.03
2019Detailed filing. Detailed filing data is available for this year.$73.1$0.00$73.1$79.2$54.7$24.5
2018Detailed filing. Detailed filing data is available for this year.$48.6$0.00$48.6$99.8$51.2$48.6