Ace Mentor Program Of America Inc
Ace Mentor Program Of America Inc shows consistent financial growth and zero liabilities over a decade.
EIN: 202238314 · Seattle, WA · NTEE: B99 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $262K |
| Total Expenses | $174K |
| Program Spending | 80% |
| Net Assets | $620K |
| Transparency Score | 85/100 |
Is Ace Mentor Program Of America Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Ace Mentor Program Of America Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Ace Mentor Program Of America Inc
Ace Mentor Program Of America Inc (EIN: 202238314) is a nonprofit organization based in Seattle, WA, classified under NTEE code B99. The organization reported total revenue of $262K and total assets of $697K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Ace Mentor Program Of America Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Ace Mentor Program Of America Inc is a small nonprofit that has been operating for 20 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 16.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $257K |
| Total Expenses | $174K |
| Surplus / Deficit | +$83K |
| Total Assets | $620K |
| Net Assets | $620K |
| Operating Margin | 32.2% |
| Months of Reserves | 42.7 months |
Financial Health Grade: A
In 2023, Ace Mentor Program Of America Inc reported a surplus of $83K with revenue exceeding expenses, holds 42.7 months of operating reserves (strong position).
Financial Trends
Over 12 years of filings (2012–2023), Ace Mentor Program Of America Inc's revenue has grown at a compound annual growth rate (CAGR) of 16.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +76.2% | +33.3% | +15.4% |
| 2022 | -35.1% | +29.7% | +2.9% |
| 2021 | +77.6% | +0.8% | +31.2% |
| 2020 | +5.5% | -10.6% | +7.2% |
| 2019 | -16.7% | +1.9% | +2.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2006 |
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 Mentor Program Of America Inc with a Mission Score of 85 out of 100 (Excellent). 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 Mentor Program Of America 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 $83K, with revenue exceeding expenses.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, suggesting a volunteer-led executive structure or compensation is covered by other means, which contributes to lower overhead relative to its size.
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.
Strengths
The following positive indicators were identified for Ace Mentor Program Of America Inc:
- Consistent revenue growth, from $92,313 in 2014 to $257,153 in 2023.
- Strong asset accumulation, growing from $189,400 in 2014 to $619,500 in 2023.
- Zero reported liabilities across all filings, indicating excellent financial stability.
- 0% officer compensation reported, suggesting efficient use of funds for mission-related activities.
- Consistent surplus generation, with revenues exceeding expenses in most periods.
Frequently Asked Questions about Ace Mentor Program Of America Inc
Is Ace Mentor Program Of America Inc a legitimate charity?
Ace Mentor Program Of America Inc (EIN: 202238314) is a registered tax-exempt nonprofit based in Washington. Our AI analysis gives it a Mission Score of 85/100. It has 12 years of IRS 990 filings on record. Total revenue: $262K. No red flags identified. 5 strengths noted. Financial health grade: A.
How does Ace Mentor Program Of America Inc spend its money?
Ace Mentor Program Of America Inc directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Ace Mentor Program Of America Inc tax-deductible?
Ace Mentor Program Of America Inc is registered as a tax-exempt nonprofit (EIN: 202238314). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Ace Mentor Program Of America Inc's spending goes to programs?
Ace Mentor Program Of America Inc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Ace Mentor Program Of America Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Ace Mentor Program Of America Inc is above average for NTEE category B99 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Ace Mentor Program Of America Inc located?
Ace Mentor Program Of America Inc is headquartered in Seattle, Washington and files with the IRS under EIN 202238314. It is classified under NTEE code B99.
How many years of IRS 990 filings does Ace Mentor Program Of America Inc have?
Ace Mentor Program Of America Inc has 12 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 $262K in total revenue.
Is Ace Mentor Program Of America Inc a good charity?
Based on the available financial data, Ace Mentor Program Of America Inc appears to be a financially sound organization with consistent growth in revenue and assets, and zero liabilities. The absence of officer compensation suggests efficient use of funds. However, a detailed breakdown of program vs. administrative spending would provide a clearer picture of its charitable effectiveness.
How has the organization's financial health changed over time?
The organization has shown significant financial improvement, with revenue growing from $92,313 in 2014 to $257,153 in 2023, and assets increasing from $189,400 to $619,500 over the same period. This indicates strong financial management and sustainability.
What is the organization's liability situation?
Ace Mentor Program Of America Inc consistently reports $0 in liabilities across all available filings, indicating a very strong financial position with no outstanding debts.
Filing History
IRS 990 filing history for Ace Mentor Program Of America Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Ace Mentor Program Of America Inc's revenue has grown by 442.8%, moving from $47K to $257K. Total assets increased by 343.5% over the same period, from $140K to $620K. Total functional expenses rose by 315.5%, from $42K to $174K. In its most recent filing year (2023), Ace Mentor Program Of America Inc reported a surplus of $83K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $257K | $174K | $620K | $0 | — | View 990 |
| 2022 | $146K | $131K | $537K | $0 | — | View 990 |
| 2021 | $225K | $101K | $521K | $0 | — | View 990 |
| 2020 | $127K | $100K | $398K | $0 | — | View 990 |
| 2019 | $120K | $112K | $371K | $0 | — | View 990 |
| 2018 | $144K | $110K | $363K | $0 | — | View 990 |
| 2017 | $104K | $84K | $329K | $0 | — | View 990 |
| 2016 | $124K | $61K | $309K | $0 | — | View 990 |
| 2015 | $112K | $55K | $247K | $0 | — | View 990 |
| 2014 | $92K | $51K | $189K | $0 | — | View 990 |
| 2013 | $45K | $37K | $148K | $0 | — | View 990 |
| 2012 | $47K | $42K | $140K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $257K, expenses of $174K, and assets of $620K (revenue +76.2% year-over-year).
- 2022: Revenue of $146K, expenses of $131K, and assets of $537K (revenue -35.1% year-over-year).
- 2021: Revenue of $225K, expenses of $101K, and assets of $521K (revenue +77.6% year-over-year).
- 2020: Revenue of $127K, expenses of $100K, and assets of $398K (revenue +5.5% year-over-year).
- 2019: Revenue of $120K, expenses of $112K, and assets of $371K (revenue -16.7% year-over-year).
- 2018: Revenue of $144K, expenses of $110K, and assets of $363K (revenue +38.6% year-over-year).
- 2017: Revenue of $104K, expenses of $84K, and assets of $329K (revenue -15.9% year-over-year).
- 2016: Revenue of $124K, expenses of $61K, and assets of $309K (revenue +9.9% year-over-year).
- 2015: Revenue of $112K, expenses of $55K, and assets of $247K (revenue +21.8% year-over-year).
- 2014: Revenue of $92K, expenses of $51K, and assets of $189K (revenue +106.1% year-over-year).
- 2013: Revenue of $45K, expenses of $37K, and assets of $148K (revenue -5.5% year-over-year).
- 2012: Revenue of $47K, expenses of $42K, and assets of $140K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Ace Mentor Program Of America Inc:
Data Sources and Methodology
This transparency report for Ace Mentor Program Of America 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.