Student Aces Inc
EIN: 463081102 · West Palm Bch, FL · NTEE: B82
| Metric | Value |
|---|---|
| Total Revenue | $1.0M |
| Total Expenses | $1.3M |
| Net Assets | $1.2M |
Is Student Aces Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Student Aces Inc
Student Aces Inc (EIN: 463081102) is a nonprofit organization based in West Palm Bch, FL, classified under NTEE code B82. The organization reported total revenue of $1.0M and total assets of $1.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Student Aces Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Student Aces Inc is a mid-size nonprofit that has been operating for 13 years, with 10 years of IRS 990 filings on record (2014–2023). Revenue has grown at a compound annual rate of 41.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.0M |
| Total Expenses | $1.3M |
| Surplus / Deficit | $-278,873 |
| Total Assets | $1.4M |
| Total Liabilities | $184K |
| Net Assets | $1.2M |
| Operating Margin | -26.8% |
| Debt-to-Asset Ratio | 12.9% |
| Months of Reserves | 13.0 months |
Financial Health Grade: B
In 2023, Student Aces Inc reported a deficit of $279K with expenses exceeding revenue, holds 13.0 months of operating reserves (strong position), has a debt-to-asset ratio of 12.9% (very low leverage).
Financial Trends
Over 10 years of filings (2014–2023), Student Aces Inc's revenue has grown at a compound annual growth rate (CAGR) of 41.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -1.1% | -3.0% | -11.5% |
| 2022 | +2.5% | +34.5% | -21.1% |
| 2021 | -32.1% | +22.1% | +3.5% |
| 2020 | +67.8% | +98.1% | +66.5% |
| 2019 | +7.8% | +20.8% | +84.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2013 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Student Aces Inc has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Student Aces Inc with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $279K, with expenses exceeding revenue.
- Debt-to-asset ratio: 12.9%.
Frequently Asked Questions about Student Aces Inc
Is Student Aces Inc a legitimate charity?
Student Aces Inc (EIN: 463081102) is a registered tax-exempt nonprofit based in Florida. It has 10 years of IRS 990 filings on record. Total revenue: $1.0M. No red flags identified. Financial health grade: B.
How does Student Aces Inc spend its money?
Student Aces Inc reported $1.0M in total revenue in IRS 990 filings. 10 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Student Aces Inc tax-deductible?
Student Aces Inc is registered as a tax-exempt nonprofit (EIN: 463081102). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Student Aces Inc located?
Student Aces Inc is headquartered in West Palm Bch, Florida and files with the IRS under EIN 463081102. It is classified under NTEE code B82.
How many years of IRS 990 filings does Student Aces Inc have?
Student Aces Inc has 10 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 $1.0M in total revenue.
Filing History
IRS 990 filing history for Student Aces Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2014–2023), Student Aces Inc's revenue has grown by 2212.7%, moving from $45K to $1.0M. Total assets increased by 4384.4% over the same period, from $32K to $1.4M. Total functional expenses rose by 7074.1%, from $18K to $1.3M. In its most recent filing year (2023), Student Aces Inc reported a deficit of $279K, with expenses exceeding revenue. The organization holds $184K in liabilities against $1.4M in assets (debt-to-asset ratio: 12.9%), resulting in net assets of $1.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.0M | $1.3M | $1.4M | $184K | — | View 990 |
| 2022 | $1.1M | $1.4M | $1.6M | $103K | — | View 990 |
| 2021 | $1.0M | $1.0M | $2.0M | $164K | — | — |
| 2020 | $1.5M | $828K | $2.0M | $146K | — | View 990 |
| 2019 | $899K | $418K | $1.2M | $55K | — | View 990 |
| 2018 | $834K | $346K | $645K | $1K | — | View 990 |
| 2017 | $261K | $242K | $161K | $6K | — | View 990 |
| 2016 | $271K | $199K | $136K | $68 | — | View 990 |
| 2015 | $118K | $86K | $64K | $0 | — | View 990 |
| 2014 | $45K | $18K | $32K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.0M, expenses of $1.3M, and assets of $1.4M (revenue -1.1% year-over-year).
- 2022: Revenue of $1.1M, expenses of $1.4M, and assets of $1.6M (revenue +2.5% year-over-year).
- 2021: Revenue of $1.0M, expenses of $1.0M, and assets of $2.0M (revenue -32.1% year-over-year).
- 2020: Revenue of $1.5M, expenses of $828K, and assets of $2.0M (revenue +67.8% year-over-year).
- 2019: Revenue of $899K, expenses of $418K, and assets of $1.2M (revenue +7.8% year-over-year).
- 2018: Revenue of $834K, expenses of $346K, and assets of $645K (revenue +219.7% year-over-year).
- 2017: Revenue of $261K, expenses of $242K, and assets of $161K (revenue -3.7% year-over-year).
- 2016: Revenue of $271K, expenses of $199K, and assets of $136K (revenue +130.1% year-over-year).
- 2015: Revenue of $118K, expenses of $86K, and assets of $64K (revenue +162.2% year-over-year).
- 2014: Revenue of $45K, expenses of $18K, and assets of $32K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Student Aces Inc:
Data Sources and Methodology
This transparency report for Student Aces 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.