Liabilities / Assets
56th percentile
Tied with the lowest-debt nonprofits in its peer group.
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.00x
Liabilities / Revenue
56th percentile
Tied with the lowest-debt nonprofits in its peer group.
Net Margin
79th percentile
Higher net margin than 79% of similar nonprofits.
Top Officer Pay
77th percentile
Higher top officer pay than 77% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
Score unavailable
No earlier valid filing was available within the previous three public years.
Revenue Growth
Score unavailable
No earlier valid filing was available within the previous three public years.
Balance Sheet
Assets
$57,520
No earlier filing loaded for comparison.
Net Assets
$57,520
No earlier filing loaded for comparison.
Liabilities
$0
No earlier filing loaded for comparison.
Revenue And Expenses
Revenue
$71,044
No earlier filing loaded for comparison.
Expenses
$45,609
No earlier filing loaded for comparison.
Net Income
$25,435
No earlier filing loaded for comparison.
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2021 to Dec 31, 2021
- Signed
- Nov 16, 2022
- Return Version
- 2021v4.2
- Gross Receipts
- $71,044
Mission and Program Overview
Mission
We provide youth with resources and experiences that allow them to discover their talents and ultimate potential to assist them in becoming productive citizens in our communities.
Program Services
| Description | Grants | Expenses |
|---|---|---|
| Academy of Entrepreneurship | $0 | $26,087 |
| Ace Healing Project | $0 | $3,261 |
| Sowing Seeds of Success, the Life Skills project | $0 | $3,261 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| James Abrams | Treasurer | - | $0 | - | - |
| Shay McAlister | Board Chair | - | $0 | - | - |
| Rosetta Smith | Executive Director | - | $0 | - | - |
| Sara Colyer | Board Member | - | $0 | - | - |
| Kristal Smith | Board Member | - | $0 | - | - |
| Marita Crane | Secretary | - | $0 | - | - |
| E'lesha Toomer | Program Director | - | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Ace Project Inc
- EIN
- 83-3117851
- Phone
- 5027782565
- Address
- 4106 Greenwood Ave, Louisville, KY 40211
Signing Officer
- Name
- Rosetta Smith
- Title
- Executive Director
- Phone
- 5027782565
- Signed
- 2022-11-16
- Discuss with paid preparer
- Yes
Preparer
- Firm
- Fit Money CPA
- Address
- 1448 Gardiner Ln, Louisville, KY 40213-1982
- Preparer
- Michelle M Musacchio
- Phone
- 5024542755
Supplemental Narrative
Additional Explanations
Form 990-EZ, Part I, Line 8 - Other Revenue
“Description: Interest Income. Amount: 1. Total to Form 990-EZ, line 14: 18,073.”
Form 990-EZ, Part I, Line 14
“Description: Depreciation. Amount: 13,000. Description: Other Expenses. Amount: 5,073.”
Form 990-EZ, Part I, Line 16 - Other Expenses
“Description: Advertising & Marketing. Amount: 363. Description: Bank fees & service charges. Amount: 21. Description: Charitable Donations. Amount: 785. Description: Contractors. Amount: 940. Description: Dues & Subscriptions. Amount: 7. Description: Holiday Supplies. Amount: 4,000. Description: Insurance. Amount: 1,794. Description: Office Supplies. Amount: 440. Description: Program Facilitator. Amount: 3,000. Description: Program Supplies. Amount: 10,865. Description: Repairs & Maintenance. Amount: 456. Description: Security. Amount: 1,001. Description: Taxes & Licenses. Amount: 30. Description: Technology Expense. Amount: 863. Description: Vehicle Expenses. Amount: 1,118. Description: Youth Meals. Amount: 1,618. Description: Youth Stipends. Amount: 125. Total to Form 990-EZ, line 16: 27,426.”
Raw XML Appendix173 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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|---|---|---|
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| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 5027782565 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 2336 Standard Ave |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | Louisville |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | KY |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 40210 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 32085 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 57520 |
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| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 71043 |
| IRS990EZ/DirectIndirectPltclExpendAmt | 0 | 0 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | 0 |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | 0 |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | 25435 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 110 |
| IRS990EZ/FiledScheduleAInd | 0 | 1 |
| IRS990EZ/ForeignFinancialAccountInd | 0 | 0 |
| IRS990EZ/ForeignOfficeInd | 0 | 0 |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 32085 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 57520 |
| IRS990EZ/GrossReceiptsAmt | 0 | 71044 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartVInd | 0 | X |
| IRS990EZ/LobbyingActivitiesInd | 0 | 0 |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | 0 |
| IRS990EZ/MethodOfAccountingCashInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 32085 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 57520 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 32085 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 57520 |
| IRS990EZ/OccupancyRentUtltsAndMaintAmt | 0 | 18073 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 0.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 0.00 |
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| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 3 | 0.00 |
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| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 6 | 0.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 4 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 5 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 6 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 4 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 5 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 6 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 4 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 5 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 6 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | James Abrams |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | Shay McAlister |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | Rosetta Smith |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 3 | Sara Colyer |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 4 | Kristal Smith |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 5 | Marita Crane |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 6 | E'lesha Toomer |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | Treasurer |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | Board Chair |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | Executive Director |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 3 | Board Member |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 4 | Board Member |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 5 | Secretary |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 6 | Program Director |
| IRS990EZ/OperateHospitalInd | 0 | 0 |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | 0 |
| IRS990EZ/OrganizationHadUBIInd | 0 | 0 |
| IRS990EZ/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 27426 |
| IRS990EZ/OtherRevenueTotalAmt | 0 | 1 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | 0 |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | We provide youth with resources and experiences that allow them to discover their talents and ultimate potential to assist them in becoming productive citizens in our communities. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | Academy of Entrepreneurship |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 1 | Ace Healing Project |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 2 | Sowing Seeds of Success, the Life Skills project |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 0 | 0 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 1 | 0 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 2 | 0 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 26087 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 1 | 3261 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 2 | 3261 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990EZ/SchoolOperatingInd | 0 | 0 |
| IRS990EZ/StatesWhereCopyOfReturnIsFldCd | 0 | KY |
| IRS990EZ/SubjectToProxyTaxInd | 0 | 0 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 0 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 0 |
| IRS990EZ/TanningServicesProvidedInd | 0 | 0 |
| IRS990EZ/TaxImposedOnOrganizationMgrAmt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4911Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4912Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4955Amt | 0 | 0 |
| IRS990EZ/TaxReimbursedByOrganizationAmt | 0 | 0 |
| IRS990EZ/TotalExpensesAmt | 0 | 45609 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 32609 |
| IRS990EZ/TotalRevenueAmt | 0 | 71044 |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | 0 |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | https://aceprojectky.org/ |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 50000 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 50000 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 100000 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY170Pct | 0 | 1.00000 |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 100000 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind | 0 | X |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt | 0 | 50000 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt | 0 | 50000 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 100000 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 100000 |
| IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorNum | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine2 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt | 0 | RESTRICTED |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | Description: Interest Income. Amount: 1. Total to Form 990-EZ, line 14: 18,073. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | Description: Depreciation. Amount: 13,000. Description: Other Expenses. Amount: 5,073. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | Description: Advertising & Marketing. Amount: 363. Description: Bank fees & service charges. Amount: 21. Description: Charitable Donations. Amount: 785. Description: Contractors. Amount: 940. Description: Dues & Subscriptions. Amount: 7. Description: Holiday Supplies. Amount: 4,000. Description: Insurance. Amount: 1,794. Description: Office Supplies. Amount: 440. Description: Program Facilitator. Amount: 3,000. Description: Program Supplies. Amount: 10,865. Description: Repairs & Maintenance. Amount: 456. Description: Security. Amount: 1,001. Description: Taxes & Licenses. Amount: 30. Description: Technology Expense. Amount: 863. Description: Vehicle Expenses. Amount: 1,118. Description: Youth Meals. Amount: 1,618. Description: Youth Stipends. Amount: 125. Total to Form 990-EZ, line 16: 27,426. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Form 990-EZ, Part I, Line 8 - Other Revenue |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Form 990-EZ, Part I, Line 14 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Form 990-EZ, Part I, Line 16 - Other Expenses |
| TransferPrsnlBnftContractsDecl/DeclarationDesc | 0 | The organization did not, during the year, receive any funds, directly,or indirectly, to pay premiums on a personal benefit contract.The organization, did not, during the year, pay any premiums, directly,or indirectly, on a personal benefit contract. |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd | 0 | AAL1 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd | 0 | IAL1 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd | 0 | 0 |
| ReturnHeader/BuildTS | 0 | 2022-09-23 18:48:47Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | 1 |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | Rosetta Smith |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | Executive Director |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 5027782565 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2022-11-16 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | Ace Project Inc |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | ACEP |
| ReturnHeader/Filer/EIN | 0 | 833117851 |
| ReturnHeader/Filer/PhoneNum | 0 | 5027782565 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 4106 Greenwood Ave |
| ReturnHeader/Filer/USAddress/CityNm | 0 | Louisville |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | KY |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 40211 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 273316003 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | FIT MONEY CPA |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 1448 Gardiner Ln |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | Louisville |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | KY |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 402131982 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 5024542755 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2022-11-16 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | Michelle M Musacchio |
| ReturnHeader/ReturnTs | 0 | 2022-11-16T14:24:23-06:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm | 0 | Rosetta |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm | 0 | Smith |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2021-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2021-12-31 |
| ReturnHeader/TaxYr | 0 | 2021 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2021 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $57,520
- Liabilities
- $0
- Net assets
- $57,520
- Revenue
- $71,044
- Expenses
- $45,609
- Net income
- $25,435