Liabilities / Assets
58th 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
59th percentile
Tied with the lowest-debt nonprofits in its peer group.
Net Margin
32nd percentile
Higher net margin than 32% of similar nonprofits.
Top Officer Pay
92nd percentile
Higher top officer pay than 92% of similar nonprofits.
Top officer pay equals 25.8% of source-year revenue.
Asset Growth
35th percentile
Faster asset growth than 35% of similar nonprofits.
Revenue Growth
54th percentile
Faster revenue growth than 54% of similar nonprofits.
Balance Sheet
Assets
Down$135,761
Down $10,913 (-7.4%) from 2022
Net Assets
Down$135,761
Down $10,913 (-7.4%) from 2022
Liabilities
Flat$0
Flat from 2022
Revenue And Expenses
Revenue
Up$189,882
Up $14,714 (+8.4%) from 2022
Expenses
Up$200,795
Up $110,224 (+122%) from 2022
Net Income
Down-$10,913
Down $95,510 (-113%) from 2022
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2023 to Dec 31, 2023
- Signed
- Feb 17, 2025
- Return Version
- 2023v6.0
- Gross Receipts
- $189,882
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.
See Schedule O
Program Services
| Description | Grants | Expenses |
|---|---|---|
| Academy of Child Entrepreneurship -(Men in the Making, PROM, ACE) | - | - |
| ACE Healing Project - Resources and assistance for victims of gun violence and trauma | - | - |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| ROSETTA SMITH | Executive Director | FT | $49,039 | - | $49,039 |
| JAMES ABRAMS | Board Member | - | $0 | - | - |
| SHAY MCALISTER | Board Chair | - | $0 | - | - |
| SARA COLYER | Board Member | - | $0 | - | - |
| KRISTAL SMITH | Board Member | - | $0 | - | - |
| MARITA CRANE | Secretary | - | $0 | - | - |
| MARTIN LINDSEY | Board Member | - | $0 | - | - |
| ANDREW PATTERSON | Treasurer | - | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Ace Project Inc
- EIN
- 83-3117851
- Address
- 4106 Greenwood Ave, Louisville, KY 40211
Signing Officer
- Name
- Rosetta Smith
- Title
- Executive Direc
- Phone
- 5027782565
- Signed
- 2025-02-17
- Discuss with paid preparer
- Yes
Preparer
- Firm
- Fit Money CPA
- Address
- 1448 Gardiner Ln, Louisville, KY 40213
- Preparer
- Michelle Musacchio
- Phone
- 5024542755
Supplemental Narrative
Additional Explanations
Amended return information
“Return amended to correct list of officers, directors and compensation of key employees. Also corrected program services.”
Description of other expenses Part I line 16
“Description AmountDepreciation from 4562 1,066Advertising & Marketing 1,665Board Meeting Expenses 220Dues & Subscriptions 140Education & Training 783Events 832Grief Support 1,200Insurance 9,495Meetings 980Utilities 4,687Office Expenses 1,108Payroll Taxes 7,658Payroll Fees 789Prgoram Education 4,350Program Facilitator 8,967Program Food 3,070Program Graduation Supplies 5,253Program Supplies 18,900Program Furnishings 3,999Repairs & Maintenance 297Security 665Strategic Planning 1,200Taxes & Licenses 314Technology Expense 3,293Travel 58Youth Meals & Stipidends 13,106”
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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
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| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
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| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | Return amended to correct list of officers, directors and compensation of key employees. Also corrected program services. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | Description AmountDepreciation from 4562 1,066Advertising & Marketing 1,665Board Meeting Expenses 220Dues & Subscriptions 140Education & Training 783Events 832Grief Support 1,200Insurance 9,495Meetings 980Utilities 4,687Office Expenses 1,108Payroll Taxes 7,658Payroll Fees 789Prgoram Education 4,350Program Facilitator 8,967Program Food 3,070Program Graduation Supplies 5,253Program Supplies 18,900Program Furnishings 3,999Repairs & Maintenance 297Security 665Strategic Planning 1,200Taxes & Licenses 314Technology Expense 3,293Travel 58Youth Meals & Stipidends 13,106 |
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| ReturnHeader/BuildTS | 0 | 2025-03-06 01:10:19Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | Rosetta Smith |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | Executive Direc |
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| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2025-02-17 |
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| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | KY |
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| ReturnHeader/IRSResponsiblePrtyInfoCurrInd | 0 | true |
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| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | Louisville |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | KY |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 40213 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 5024542755 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2025-02-25 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | Michelle Musacchio |
| ReturnHeader/ReturnTs | 0 | 2025-02-25T13:23:00-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2023-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2023-12-31 |
| ReturnHeader/TaxYr | 0 | 2023 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2023 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $135,761
- Liabilities
- $0
- Net assets
- $135,761
- Revenue
- $189,882
- Expenses
- $200,795
- Net income
- -$10,913