ACEL FOUNDATION CORP

EIN: 873616172 501(c)(3) Community Improvement

Melbourne, FL

Total Revenue
$91,600
Total Expenses
$33,605
Total Assets
$76,628
Net Assets
$76,628
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2021
Legal Domicile
FL
Principal Officer
JAMES CLARK
Phone
3214199526
Tax Period
2023-01-01 to 2023-12-31

ACEL FOUNDATION CORP, founded in 2021, is a micro nonprofit in the Community Improvement sector that reported $92K in total revenue in fiscal year 2023. The organization ran a surplus of $58K, a strong 63% operating margin.

Mission

TO PROVIDE ASSISTANCE TO QUALIFIED PERSONS AND ORGANIZATIONS IN COMPLIANCE WITH ORGANIZATIONS EXEMPT FUNCTION

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $91,600
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $91,600

Expense Breakdown

Grants Paid $8,703
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $30,899
Other Expenses $24,902
TOTAL EXPENSES $33,605

Year-over-Year Comparison

2023 2022 Change
Revenue $91,600 N/A N/A
Expenses $33,605 N/A N/A
Net Income $57,995 N/A N/A
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Sign In

Governance

Voting Members
5
Independent Members
5
Employees
N/A
Volunteers
10

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
3
$0
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JAMES CLARK PRESIDENTDIRECTOR 5.000
Officer Director
$0 $0 $0
CAROLINE CLARK SECRETARYDIRECTOR 5.000
Officer Director
$0 $0 $0
ELIZABETH CLARK DIRECTOR 5.000
Director
$0 $0 $0
AVA CLARK DIRECTOR 5.000
Director
$0 $0 $0
LUKE CLARK VPDIRECTOR 5.000
Officer Director
$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
2023 $91,600 $33,605 $76,628 $57,995
Explore More Nonprofits
Top 100 Nonprofits in Florida Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare ACEL FOUNDATION CORP with other nonprofits in Florida and across the country.