Ace Education International Inc
Ace Education International Inc operates with minimal assets and a history of significant liabilities, despite recent positive net income.
EIN: 161678125 · Mcdonough, GA · NTEE: B20 · Updated: 2026-03-28
Is Ace Education International Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Ace Education International Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Ace Education International Inc
Ace Education International Inc (EIN: 161678125) is a nonprofit organization based in Mcdonough, GA, classified under NTEE code B20. The organization reported total revenue of $200K and total assets of $10K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Ace Education International Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Ace Education International Inc is a small nonprofit that has been operating for 22 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -3.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $282K |
| Total Expenses | $274K |
| Surplus / Deficit | +$7K |
| Total Assets | $10K |
| Total Liabilities | $2K |
| Net Assets | $9K |
| Operating Margin | 2.6% |
| Debt-to-Asset Ratio | 16.8% |
| Months of Reserves | 0.4 months |
Financial Health Grade: A
In 2023, Ace Education International Inc reported a surplus of $7K with revenue exceeding expenses, holds 0.4 months of operating reserves (limited), has a debt-to-asset ratio of 16.8% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Ace Education International Inc's revenue has declined at a compound annual growth rate (CAGR) of -3.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +12.2% | +9.9% | +245.8% |
| 2022 | -13.3% | -10.2% | +72.0% |
| 2021 | -13.4% | -22.8% | -29.4% |
| 2020 | +62.8% | +78.7% | -99.7% |
| 2019 | +204.7% | +199.1% | -6.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2004 |
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 Education International Inc with a Mission Score of 55 out of 100 (Fair). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Ace Education International Inc allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $7K, with revenue exceeding expenses.
- Debt-to-asset ratio: 16.8%.
Executive Compensation Analysis
Executive compensation has consistently been reported as 0% across all available filings, which is highly unusual for an organization with revenues ranging from $67,396 to $730,303, and suggests either volunteer leadership or compensation being reported in other categories.
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 Education International Inc's IRS 990 filings:
- 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
The following positive indicators were identified for Ace Education International Inc:
- 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.
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) some concerns. Mission Score: 55/100. 4 red flags identified, 3 strengths noted.
How does Ace Education International Inc spend its money?
Ace Education International Inc directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Ace Education International Inc tax-deductible?
Ace Education International Inc is registered as a tax-exempt nonprofit (EIN: 161678125). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Ace Education International Inc financially stable?
Ace Education International Inc's financial stability is questionable. While recent periods (202306, 202206) show positive net income, the organization has historically carried significant liabilities, such as $1,214,268 in 201906 and $1,351,762 in 201706, far exceeding its assets. Its current assets of $9,580 are very low relative to its latest revenue of $199,745.
What is the trend in Ace Education International Inc's revenue?
Ace Education International Inc's revenue has fluctuated significantly over the years, peaking at $730,303 in 201406 and $656,289 in 201706, but showing a general decline in recent years from $334,405 in 202006 to $281,805 in 202306.
How does Ace Education International Inc manage its liabilities?
Ace Education International Inc has historically managed very high liabilities, often exceeding its assets by a substantial margin (e.g., liabilities of $1,214,268 vs. assets of $795,432 in 201906). While liabilities have decreased significantly in the most recent filings (e.g., $1,731 in 202306), the long-term trend of high debt is a concern.
Filing History
IRS 990 filing history for Ace Education International Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Ace Education International Inc's revenue has declined by 30.3%, moving from $405K to $282K. Total assets decreased by 99% over the same period, from $988K to $10K. Total functional expenses fell by 31.9%, from $403K to $274K. In its most recent filing year (2023), Ace Education International Inc reported a surplus of $7K, with revenue exceeding expenses. The organization holds $2K in liabilities against $10K in assets (debt-to-asset ratio: 16.8%), resulting in net assets of $9K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $282K | $274K | $10K | $2K | — | View 990 |
| 2022 | $251K | $250K | $3K | $2K | — | View 990 |
| 2021 | $290K | $278K | $2K | $86K | — | — |
| 2020 | $334K | $360K | $2K | $98K | — | View 990 |
| 2019 | $205K | $202K | $795K | $1.2M | — | View 990 |
| 2018 | $67K | $67K | $848K | $1.3M | — | View 990 |
| 2017 | $656K | $676K | $986K | $1.4M | — | View 990 |
| 2016 | $514K | $614K | $987K | $1.3M | — | View 990 |
| 2015 | $505K | $551K | $1 | $0 | — | View 990 |
| 2014 | $730K | $730K | $1.0M | $1.3M | — | View 990 |
| 2013 | $726K | $692K | $1.0M | $1.3M | — | View 990 |
| 2012 | $574K | $610K | $990K | $1.3M | — | View 990 |
| 2011 | $405K | $403K | $988K | $988K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $282K, expenses of $274K, and assets of $10K (revenue +12.2% year-over-year).
- 2022: Revenue of $251K, expenses of $250K, and assets of $3K (revenue -13.3% year-over-year).
- 2021: Revenue of $290K, expenses of $278K, and assets of $2K (revenue -13.4% year-over-year).
- 2020: Revenue of $334K, expenses of $360K, and assets of $2K (revenue +62.8% year-over-year).
- 2019: Revenue of $205K, expenses of $202K, and assets of $795K (revenue +204.7% year-over-year).
- 2018: Revenue of $67K, expenses of $67K, and assets of $848K (revenue -89.7% year-over-year).
- 2017: Revenue of $656K, expenses of $676K, and assets of $986K (revenue +27.8% year-over-year).
- 2016: Revenue of $514K, expenses of $614K, and assets of $987K (revenue +1.6% year-over-year).
- 2015: Revenue of $505K, expenses of $551K, and assets of $1 (revenue -30.8% year-over-year).
- 2014: Revenue of $730K, expenses of $730K, and assets of $1.0M (revenue +0.6% year-over-year).
- 2013: Revenue of $726K, expenses of $692K, and assets of $1.0M (revenue +26.4% year-over-year).
- 2012: Revenue of $574K, expenses of $610K, and assets of $990K (revenue +41.9% year-over-year).
- 2011: Revenue of $405K, expenses of $403K, and assets of $988K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Ace Education International Inc:
Data Sources and Methodology
This transparency report for Ace Education International Inc 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.