Ace Mentor Program Of America Inc
Ace Mentor Program Of America Inc shows consistent revenue growth and asset accumulation with no reported executive compensation.
EIN: 203424582 · Indianapolis, IN · NTEE: B99 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $132K |
| Total Expenses | $104K |
| Program Spending | 85% |
| Net Assets | $135K |
| Transparency Score | 90/100 |
Is Ace Mentor Program Of America Inc Legit?
Some Concerns
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 85% 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: 203424582) is a nonprofit organization based in Indianapolis, IN, classified under NTEE code B99. The organization reported total revenue of $132K and total assets of $360K 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 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 4.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $109K |
| Total Expenses | $104K |
| Surplus / Deficit | +$5K |
| Total Assets | $390K |
| Total Liabilities | $255K |
| Net Assets | $135K |
| Operating Margin | 4.8% |
| Debt-to-Asset Ratio | 65.4% |
| Months of Reserves | 45.2 months |
Financial Health Grade: A
In 2023, Ace Mentor Program Of America Inc reported a surplus of $5K with revenue exceeding expenses, holds 45.2 months of operating reserves (strong position), has a debt-to-asset ratio of 65.4% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Ace Mentor Program Of America Inc's revenue has grown at a compound annual growth rate (CAGR) of 4.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +39.5% | +52.3% | +5.2% |
| 2022 | +20.5% | +11.9% | +7.5% |
| 2021 | +12.7% | -11.5% | +8.1% |
| 2020 | -17.1% | -21.1% | +13.9% |
| 2019 | +33.4% | +17.9% | -1.3% |
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 90 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Ace Mentor Program Of America Inc 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $5K, with revenue exceeding expenses.
- Debt-to-asset ratio: 65.4%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no salaries are paid to officers. This is highly favorable, suggesting that all funds are directed towards the organization's mission and operational needs.
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 Mentor Program Of America Inc's IRS 990 filings:
- Specific functional expense breakdown (program, admin, fundraising) not detailed in provided summary data, making precise efficiency calculations difficult.
Strengths
The following positive indicators were identified for Ace Mentor Program Of America Inc:
- Consistent revenue growth and financial stability, with revenues generally exceeding expenses.
- Steady increase in assets over the past decade, from $214,942 in 2014 to $390,367 in 2023.
- 0% reported officer compensation across all filings, indicating high efficiency and mission focus.
- Strong filing history with 13 IRS 990 forms, demonstrating transparency.
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: 203424582) is a registered tax-exempt nonprofit based in Indiana. Our AI analysis gives it a Mission Score of 90/100. It has 13 years of IRS 990 filings on record. Total revenue: $132K. 1 red flag identified. 4 strengths noted. Financial health grade: A.
How does Ace Mentor Program Of America Inc spend its money?
Ace Mentor Program Of America Inc directs 85% 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: 203424582). 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 85% 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 90/100 (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 Indianapolis, Indiana and files with the IRS under EIN 203424582. 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 13 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 $132K in total revenue.
Is Ace Mentor Program Of America Inc a good charity?
Based on the available data, Ace Mentor Program Of America Inc appears to be a good charity. It demonstrates consistent financial stability, growing assets, and notably, zero reported executive compensation, suggesting a strong focus on its mission.
How has the organization's financial health changed over time?
The organization's financial health has generally improved over time. Revenues have shown an upward trend, and assets have consistently grown from $214,942 in 2014 to $390,367 in 2023, indicating increasing financial capacity.
What is the organization's approach to executive compensation?
The organization reports 0% officer compensation in all available filings, indicating a volunteer-led or very lean executive structure where no salaries are paid to officers.
Are the organization's assets growing?
Yes, the organization's assets have shown consistent growth, increasing from $214,942 in 2014 to $390,367 in 2023, demonstrating a healthy accumulation of resources.
Filing History
IRS 990 filing history for Ace Mentor Program Of America Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Ace Mentor Program Of America Inc's revenue has grown by 62.3%, moving from $67K to $109K. Total assets increased by 80.4% over the same period, from $216K to $390K. Total functional expenses rose by 34.6%, from $77K to $104K. In its most recent filing year (2023), Ace Mentor Program Of America Inc reported a surplus of $5K, with revenue exceeding expenses. The organization holds $255K in liabilities against $390K in assets (debt-to-asset ratio: 65.4%), resulting in net assets of $135K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $109K | $104K | $390K | $255K | — | View 990 |
| 2022 | $78K | $68K | $371K | $241K | — | View 990 |
| 2021 | $65K | $61K | $345K | $238K | — | — |
| 2020 | $57K | $69K | $319K | $222K | — | — |
| 2019 | $69K | $87K | $280K | $169K | — | View 990 |
| 2018 | $52K | $74K | $284K | $268K | — | View 990 |
| 2017 | $68K | $64K | $261K | $224K | — | View 990 |
| 2016 | $57K | $70K | $249K | $215K | — | View 990 |
| 2015 | $74K | $62K | $254K | $205K | — | View 990 |
| 2014 | $50K | $55K | $215K | $177K | — | View 990 |
| 2013 | $55K | $52K | $230K | $179K | — | View 990 |
| 2012 | $53K | $62K | $226K | $176K | — | View 990 |
| 2011 | $67K | $77K | $216K | $157K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $109K, expenses of $104K, and assets of $390K (revenue +39.5% year-over-year).
- 2022: Revenue of $78K, expenses of $68K, and assets of $371K (revenue +20.5% year-over-year).
- 2021: Revenue of $65K, expenses of $61K, and assets of $345K (revenue +12.7% year-over-year).
- 2020: Revenue of $57K, expenses of $69K, and assets of $319K (revenue -17.1% year-over-year).
- 2019: Revenue of $69K, expenses of $87K, and assets of $280K (revenue +33.4% year-over-year).
- 2018: Revenue of $52K, expenses of $74K, and assets of $284K (revenue -24.2% year-over-year).
- 2017: Revenue of $68K, expenses of $64K, and assets of $261K (revenue +19.3% year-over-year).
- 2016: Revenue of $57K, expenses of $70K, and assets of $249K (revenue -22.4% year-over-year).
- 2015: Revenue of $74K, expenses of $62K, and assets of $254K (revenue +47.0% year-over-year).
- 2014: Revenue of $50K, expenses of $55K, and assets of $215K (revenue -9.0% year-over-year).
- 2013: Revenue of $55K, expenses of $52K, and assets of $230K (revenue +4.4% year-over-year).
- 2012: Revenue of $53K, expenses of $62K, and assets of $226K (revenue -21.2% year-over-year).
- 2011: Revenue of $67K, expenses of $77K, and assets of $216K.
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.