Ace Community Challenge School
Ace Community Challenge School faces declining assets and recurring deficits, raising financial sustainability concerns.
EIN: 205909866 · Westminster, CO · NTEE: B25 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $2.2M |
| Total Expenses | $2.5M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $2 |
| Net Assets | $188K |
| Transparency Score | 65/100 |
Is Ace Community Challenge School Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Ace Community Challenge School directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Ace Community Challenge School
Ace Community Challenge School (EIN: 205909866) is a nonprofit organization based in Westminster, CO, classified under NTEE code B25. The organization reported total revenue of $2.2M and total assets of $238K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Ace Community Challenge School's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Ace Community Challenge School is a mid-size nonprofit that has been operating for 18 years, with 8 years of IRS 990 filings on record (2011–2018). Revenue has grown at a compound annual rate of 2.2%.
Key Financial Metrics (2018)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.2M |
| Total Expenses | $2.5M |
| Surplus / Deficit | $-301,662 |
| Total Assets | $238K |
| Total Liabilities | $50K |
| Net Assets | $188K |
| Operating Margin | -13.5% |
| Debt-to-Asset Ratio | 20.8% |
| Months of Reserves | 1.1 months |
Financial Health Grade: C
In 2018, Ace Community Challenge School reported a deficit of $302K with expenses exceeding revenue, holds 1.1 months of operating reserves (limited), has a debt-to-asset ratio of 20.8% (moderate leverage).
Financial Trends
Over 8 years of filings (2011–2018), Ace Community Challenge School's revenue has grown at a compound annual growth rate (CAGR) of 2.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2018 | +19.5% | +36.9% | -53.9% |
| 2017 | +21.7% | +2.6% | +7.7% |
| 2016 | -17.8% | -20.5% | -36.6% |
| 2015 | -24.8% | -5.4% | -35.0% |
| 2014 | +10.2% | +12.1% | +8.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2008 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Ace Community Challenge School with a Mission Score of 65 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Ace Community Challenge School allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2018)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $302K, with expenses exceeding revenue.
- Debt-to-asset ratio: 20.8%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers received compensation, which is highly unusual for an organization of this size with over $2 million in annual revenue.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Ace Community Challenge School's IRS 990 filings:
- Significant and consistent decline in total assets (80% decrease from 201406 to 201806).
- Recurring operating deficits, including a $301,662 deficit in the latest 201806 filing.
- Liabilities increased from $25,557 in 201706 to $49,573 in 201806, while assets decreased.
Strengths
The following positive indicators were identified for Ace Community Challenge School:
- Consistent reporting of 0% officer compensation across all filings, indicating no direct executive salary expenses.
- Historically strong revenue generation, consistently over $1.5 million annually.
Frequently Asked Questions about Ace Community Challenge School
Is Ace Community Challenge School a legitimate charity?
Ace Community Challenge School (EIN: 205909866) is a registered tax-exempt nonprofit based in Colorado. Our AI analysis gives it a Mission Score of 65/100. It has 8 years of IRS 990 filings on record. Total revenue: $2.2M. 3 red flags identified. 2 strengths noted. Financial health grade: C.
How does Ace Community Challenge School spend its money?
Ace Community Challenge School directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Ace Community Challenge School tax-deductible?
Ace Community Challenge School is registered as a tax-exempt nonprofit (EIN: 205909866). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Ace Community Challenge School CEO make?
Ace Community Challenge School's highest-compensated officer earns $2 annually. The organization reported $2.2M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Ace Community Challenge School's spending goes to programs?
Ace Community Challenge School directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Ace Community Challenge School compare to similar nonprofits?
With a transparency score of 65/100 (Good), Ace Community Challenge School is above average for NTEE category B25 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Ace Community Challenge School located?
Ace Community Challenge School is headquartered in Westminster, Colorado and files with the IRS under EIN 205909866. It is classified under NTEE code B25.
How many years of IRS 990 filings does Ace Community Challenge School have?
Ace Community Challenge School has 8 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $2.2M in total revenue.
Is Ace Community Challenge School financially stable?
Based on the latest filing (201806), the organization is not financially stable, reporting a deficit of $301,662 and a significant decline in assets from $1,159,882 in 201406 to $237,808 in 201806.
Why have the organization's assets decreased so dramatically?
The filings show a consistent decline in assets from a peak of $1,159,882 in 201406 to $237,808 in 201806. This could be due to sustained operating deficits, asset sales, or other financial decisions not detailed in the summary data.
What is the impact of 0% officer compensation?
While 0% officer compensation suggests that funds are not being diverted to high executive salaries, it is unusual for an organization of this size and could indicate that leadership roles are unpaid or compensated through other means not reported as officer compensation, or that the organization relies heavily on volunteer leadership.
Filing History
IRS 990 filing history for Ace Community Challenge School showing financial trends over 8 years of public records:
Over 8 years of IRS 990 filings (2011–2018), Ace Community Challenge School's revenue has grown by 16.5%, moving from $1.9M to $2.2M. Total assets decreased by 72.5% over the same period, from $864K to $238K. Total functional expenses rose by 46.2%, from $1.7M to $2.5M. In its most recent filing year (2018), Ace Community Challenge School reported a deficit of $302K, with expenses exceeding revenue. The organization holds $50K in liabilities against $238K in assets (debt-to-asset ratio: 20.8%), resulting in net assets of $188K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2018 | $2.2M | $2.5M | $238K | $50K | — | View 990 |
| 2017 | $1.9M | $1.9M | $515K | $26K | — | View 990 |
| 2016 | $1.5M | $1.8M | $479K | $8K | — | View 990 |
| 2015 | $1.9M | $2.3M | $754K | $15K | — | View 990 |
| 2014 | $2.5M | $2.4M | $1.2M | $16K | — | View 990 |
| 2013 | $2.3M | $2.2M | $1.1M | $11K | — | View 990 |
| 2012 | $2.2M | $2.1M | $954K | $6K | — | View 990 |
| 2011 | $1.9M | $1.7M | $864K | $6K | — | View 990 |
Year-by-Year Financial Summary
- 2018: Revenue of $2.2M, expenses of $2.5M, and assets of $238K (revenue +19.5% year-over-year).
- 2017: Revenue of $1.9M, expenses of $1.9M, and assets of $515K (revenue +21.7% year-over-year).
- 2016: Revenue of $1.5M, expenses of $1.8M, and assets of $479K (revenue -17.8% year-over-year).
- 2015: Revenue of $1.9M, expenses of $2.3M, and assets of $754K (revenue -24.8% year-over-year).
- 2014: Revenue of $2.5M, expenses of $2.4M, and assets of $1.2M (revenue +10.2% year-over-year).
- 2013: Revenue of $2.3M, expenses of $2.2M, and assets of $1.1M (revenue +3.4% year-over-year).
- 2012: Revenue of $2.2M, expenses of $2.1M, and assets of $954K (revenue +13.8% year-over-year).
- 2011: Revenue of $1.9M, expenses of $1.7M, and assets of $864K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Ace Community Challenge School:
Data Sources and Methodology
This transparency report for Ace Community Challenge School is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.