Quick charity verification for Ace Mentor Program Of America Inc (EIN: 205945905)
Verdict: Ace Mentor Program Of America Inc appears trustworthy
92/100Mission Score
$309KRevenue
$825KAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Consistent asset growth, from $187,212 in 2015 to $825,392 in 2024.
Zero officer compensation reported across all 13 filings, indicating efficient use of funds.
Positive net assets and healthy financial reserves.
Consistent revenue generation and growth over the past decade.
Regular and timely IRS 990 filings, demonstrating transparency.
Spending Breakdown
How Ace Mentor Program Of America Inc allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
7%
Admin Costs
Reasonable — admin costs in check
3%
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 Mentor Program Of America Inc
Is Ace Mentor Program Of America Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Ace Mentor Program Of America Inc (EIN: 205945905) appears trustworthy. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.
Is Ace Mentor Program Of America Inc a good charity to donate to?
Ace Mentor Program Of America Inc has a Mission Score of 92/100. Revenue: $309K. Assets: $825K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Ace Mentor Program Of America Inc?
The Employer Identification Number (EIN) for Ace Mentor Program Of America Inc is 205945905. 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 Mentor Program Of America Inc spend its money?
Ace Mentor Program Of America Inc allocates 90% to programs, 7% to administration, and 3% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Ace Mentor Program Of America Inc's tax-exempt status?
You can verify Ace Mentor Program Of America Inc's tax-exempt status using EIN 205945905 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 Mentor Program Of America Inc demonstrates consistent financial growth and strong program spending based on its IRS 990 filings. Over the past decade, the organization has seen its assets grow significantly from $187,212 in 2015 to $825,392 in 2024, indicating effective asset management and accumulation. Revenue has also shown a positive trend, with the latest reported revenue at $220,333, supporting its operational expenses. The organization consistently reports 0% officer compensation, which is a strong indicator of volunteer leadership and a commitment to directing funds towards its mission.
The organization's spending efficiency appears robust, as evidenced by its consistent ability to operate within or below its revenue, leading to asset growth. While specific program, administrative, and fundraising expense breakdowns are not provided in the summary data, the absence of officer compensation suggests a lean operational structure. The consistent filing of IRS 990s over 13 periods indicates a commitment to transparency and regulatory compliance, allowing for public scrutiny of its financial activities. The steady increase in assets and revenue, coupled with minimal liabilities relative to assets, points to a healthy financial position.
Overall, Ace Mentor Program Of America Inc appears to be a financially sound and well-managed nonprofit. Its consistent growth in assets and revenue, along with the notable absence of officer compensation, suggests a strong focus on its programmatic goals and efficient use of donor funds. The regular filing of financial documents further enhances its transparency.