ACE ACADEMY (EIN 320407024) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2012

Legal Domicile

Principal Officer

LAILA MINOTT

Phone

7044567153

Tax Period

2024-07-01 to 2025-06-30

ACE ACADEMY, founded in 2012, is a community nonprofit in the Education sector that reported $6.5M in total revenue in fiscal year 2024. Revenue grew 16% year-over-year, indicating healthy expansion.

Mission

ACE ACADEMY WILL EQUIP STUDENTS FROM ALL BACKGROUNDS TO SUCCEED IN THE COLLEGE AND CAREER OF THEIR CHOICE BY DRIVING ACADEMIC EXCELLENCE, DEVELOPING A STRONG MINDSET, AND INSTILLING AN ENTREPRENEURIAL MINDSET.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $6,090,519

Program Service Revenue $122,220

Investment Income $238,877

Other Revenue $94,949

TOTAL REVENUE $6,546,565

Expense Breakdown

Grants Paid $0

Salaries & Benefits $4,015,328

Fundraising Expenses $0

Program Expenses $4,792,159

Other Expenses $3,114,862

TOTAL EXPENSES $7,130,190

Year-over-Year Comparison

	2024	2023	Change
Revenue	$6,546,565	$5,645,946	+0.2%
Expenses	$7,130,190	$5,770,105	+0.2%
Net Income	$-583,625	$-124,159	+3.7%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

100

Volunteers

Governance Policies

✓ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✓ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$146,827

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
TERRY CLINE	BOARD CHAIR	2.00	Officer Director	$0	$0	$0
CHARRIS TORRENCE	BOARD MEMBER	2.00	Director	$0	$0	$0
DIONNA GRAHAM	BOARD MEMBER	2.00	Director	$0	$0	$0
CHYNCIA RODGERS	BOARD MEMBER	2.00	Director	$0	$0	$0
KENDRIC BEST	BOARD MEMBER	2.00	Director	$0	$0	$0
JOYCE FIGUEAROA	BOARD MEMBER	2.00	Director	$0	$0	$0
LAILA MINOTT	EXECUTIVE DIRECTOR	60.00	Officer	$146,827	$0	$146,827
SHANNON MARTIN	SCHOOL DIRECTOR	40.00	Highest	$107,701	$0	$107,701

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2025	$6,546,565	$7,130,190	$9,598,951	$-583,625
2024	$5,645,946	$5,770,105	$7,142,652	$-124,159
2023	$5,616,760	$5,611,391	$7,500,939	$5,369
2022	$5,341,670	$5,541,111	$20,004,076	$-199,441
2021	$4,614,442	$4,251,113	$8,029,456	$363,329
2020	$4,170,164	$4,020,464	$7,757,210	$149,700
2019	$4,369,017	$3,871,067	$1,478,552	$497,950

ACE ACADEMY