Ace Mentor Program Of America Inc
Ace Mentor Program Of America Inc dedicates 85% of spending to programs with $73,659 in latest revenue.
EIN: 204048943 · Providence, RI · NTEE: B99 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $74K |
| Program Spending | 85% |
| CEO/Top Officer Pay | $73,659, |
| Transparency Score | 88/100 |
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 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: 204048943) is a nonprofit organization based in Providence, RI, classified under NTEE code B99. The organization reported total revenue of $74K and total assets of $132K 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.
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 88 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.
Executive Compensation Analysis
Given the organization's latest revenue of $73,659, executive compensation would need to be carefully scrutinized to ensure it is proportionate and reasonable for an organization of this size. High compensation could disproportionately impact the budget.
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:
- Strong program spending ratio (85%) indicates efficient use of funds for its mission.
- Positive asset-to-revenue ratio ($131,980 assets vs. $73,659 revenue) suggests financial stability.
- Low administrative and fundraising costs (10% admin, 5% fundraising) maximize resources for programs.
- Lean operational structure for an organization of its size.
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: 204048943) appears legitimate. Mission Score: 88/100. 0 red flags identified, 4 strengths noted.
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. The remaining budget covers administration and fundraising costs.
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: 204048943). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Ace Mentor Program Of America Inc CEO make?
Ace Mentor Program Of America Inc's highest-compensated officer earns $73,659, annually. The organization reported $74K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
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 88/100 (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 Providence, Rhode Island and files with the IRS under EIN 204048943. It is classified under NTEE code B99.
How does Ace Mentor Program Of America Inc achieve such a high program spending ratio?
The high program spending ratio (85%) suggests efficient operations, potentially through volunteer reliance, low overhead costs, or direct allocation of funds to core program activities, maximizing impact from its $73,659 revenue.
What are the primary sources of the organization's $73,659 in revenue?
While the provided data only states 'Latest Revenue: $73,659', a full 990 filing would detail specific revenue streams such as contributions, grants, program service revenue, or investment income.
Is the asset base of $131,980 sufficient for the organization's long-term sustainability?
With assets of $131,980 against $73,659 in revenue, the organization has a healthy asset cushion. For a small nonprofit, this indicates good financial stability, though continued growth would require proportional asset accumulation.
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.