ACE ACADEMY (EIN 812983424) - 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

2014

Legal Domicile

Principal Officer

CLARENCE DANCER

Phone

4255244889

Tax Period

2023-01-01 to 2023-12-31

ACE ACADEMY, founded in 2014, is a community nonprofit in the Education sector that reported $1.3M in total revenue in fiscal year 2023. Revenue decreased 5% compared to the prior year.

Mission

ACE is built on the premise of serving men from historically under-served populations. Specifically targeting African American, African Diaspora,Latino/Hispanic, Pacific Islander, and Native American males. At ACE, young men will learn compassion and understanding, a strong educational and cultural foundation, the value of perseverance and determination, and how to use their individual talents for the greater good in their community. Young men of ACE will be able to answer the existential question of "Who Am I?" with a resounding answer of, "I AM EXELLENCE!".

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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 (2023)

Revenue Breakdown

Contributions & Grants $1,349,837

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $1,349,837

Expense Breakdown

Grants Paid $0

Salaries & Benefits $798,271

Fundraising Expenses $137,084

Program Expenses $1,096,722

Other Expenses $572,631

TOTAL EXPENSES $1,370,902

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,349,837	$1,423,859	-0.1%
Expenses	$1,370,902	$1,486,185	-0.1%
Net Income	$-21,065	$-62,326	-0.7%

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

N/A

Employees

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CLARENCE DANCER	COO	40.00	Officer	$0	$0	$0
WILLIE SEALS	President	40.00	Officer	$0	$0	$0
MARCUS HARDEN	Vice President	40.00	Officer	$0	$0	$0

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
2024	No data	No data	No data	No data
2023	$1,349,837	$1,370,902	$176,917	$-21,065
2022	$1,423,859	$1,486,185	$199,067	$-62,326
2021	$1,132,061	$1,184,633	$64,868	$-52,572
2020	$563,584	$600,704	$36,414	$-37,120
2019	$245,742	$270,408	$21,736	$-24,666

ACE ACADEMY