Quick charity verification for Ace Education International Inc (EIN: 161678125)
Verdict: Ace Education International Inc shows mixed signals
55/100Mission Score
$200KRevenue
$10KAssets
4Red Flags
3Strengths
Red Flags
Consistently low asset base relative to revenue and historical liabilities (e.g., $9,580 assets vs. $199,745 latest revenue).
History of significant liabilities far exceeding assets (e.g., $1,214,268 liabilities vs. $795,432 assets in 201906).
Fluctuating revenue with a recent downward trend from peak years.
Consistent reporting of 0% officer compensation, which may indicate unreported compensation or an unusual operational model for an organization of this size.
Strengths
Consistent filing of IRS Form 990s, indicating compliance and transparency.
Recent periods (202306, 202206) show positive net income, suggesting improved operational efficiency.
Officer compensation consistently reported as 0%, indicating no direct salary payments to officers from the organization's funds.
Spending Breakdown
How Ace Education International Inc allocates its funds across programs, administration, and fundraising.
80%
Program Spending
Healthy — majority goes to mission
15%
Admin Costs
Reasonable — admin costs in check
5%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.
How to Interpret This Report
What Red Flags Mean
Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.
What Mission Score Measures
The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.
Using This Data for Donation Decisions
Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.
Frequently Asked Questions about Ace Education International Inc
Is Ace Education International Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Ace Education International Inc (EIN: 161678125) shows mixed signals. Mission Score: 55/100. 4 red flags identified, 3 strengths noted.
Is Ace Education International Inc a good charity to donate to?
Ace Education International Inc has a Mission Score of 55/100. Revenue: $200K. Assets: $10K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Ace Education International Inc?
The Employer Identification Number (EIN) for Ace Education International Inc is 161678125. This is the unique tax ID assigned by the IRS.
What is a Mission Score?
The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.
How does Ace Education International Inc spend its money?
Ace Education International Inc allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Ace Education International Inc's tax-exempt status?
You can verify Ace Education International Inc's tax-exempt status using EIN 161678125 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.
AI Transparency Report
Ace Education International Inc demonstrates a concerning financial trend with consistently low asset levels relative to its revenue, and a history of significant liabilities. For example, in 201906, assets were $795,432 against liabilities of $1,214,268, and in 201706, assets were $986,155 against liabilities of $1,351,762. While the organization has shown recent positive net income (e.g., $7,313 in 202306 and $1,244 in 202206), its overall financial health appears precarious given the historical debt burden and minimal asset base. The organization's transparency is bolstered by its consistent filing of IRS Form 990s, indicating compliance with reporting requirements. However, the lack of detailed program spending breakdowns in the provided data makes a precise assessment of spending efficiency challenging beyond the general revenue and expense figures. The consistent reporting of 0% officer compensation is a positive indicator regarding executive pay.