ACE Mentor Program of Greater New York Inc
Overview
Mission
Our mission is to engage, excite and enlighten high school students to pursue careers in architecture, engineering, and construction through mentoring and scholarships, which support their continued advancement in the industry.
What it reported doing in 2024
Program service expenses were incurred solely in support of the purpose described in 1. above. All activities of the Organization are dedicated to providing student scholarships and delivering mentoring and educational programs for high school students, with the objective of encouraging and preparing them to pursue careers in architecture, engineering, and construction and to support their continued advancement in these fields.
Operating model
- Revenue model
- Donor-supported. 100% of the money available for current operations came from contributions and gifts.
- Distribution model
- Hybrid. The nonprofit split its reported program spending across 64% for direct work, and 36% for grants.
Nonprofit profile at a glance
- EIN
- 133830627
- IRS 990 coverage
- 2011–2024
- Forms available
- Form 990 2024
- Headquarters
- New York, NY, USA
- Rating
- 75
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Scholarships, Student Financial Aid Services, Awards
The verdict
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. The filing reports few safeguards for setting executive pay and the filing reports that some governance safeguards are missing.
Rating breakdown
- Financial Efficiency: 74
- Transparency & Controls: 79
- Accountability: 84
- Sustainability: 18
- Growth: 80
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 81.2%; rating input score 81
- Program expense ratio: 73.7%; rating input score 74
- Fundraising efficiency: $11.29 raised per $1 spent on fundraising; rating input score 42; 42nd percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: 1 of 6 controls in place; rating input score 17
- Foreign activity oversight: Limited
- Grant itemization coverage: 100%; rating input score 100; 76th percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
- Public monitoring controls: Limited
- Public policy transparency: Limited
- Public financial transparency: Limited
- Impact reporting controls: Limited
- Public relationship transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 5 of 8 controls in place; rating input score 62
- Public governance controls: Limited
- Zakat policy transparency: Limited
Sustainability
- Operating margin: -10%; rating input score 17; 17th percentile among comparable filings
- Operating reserve ratio: 0.4; rating input score 19; 19th percentile among comparable filings
- Liabilities to assets ratio: 0.29; rating input score 25; 25th percentile among comparable filings
- Officer compensation ratio: 19.7%; rating input score 15; 15th percentile among comparable filings
Growth
- Program expense growth: 5.3% per year; rating input score 100; 43rd percentile among comparable filings
- Revenue growth: 2.6% per year; rating input score 100; 28th percentile among comparable filings
- Asset growth: -1.3% per year; rating input score 0; 14th percentile among comparable filings
Details
- Where the money goes: 81.2% of revenue deployed · 73.7% of spending went to programs
- Governance: 68 of 68 board members independent · 5 of 8 filing controls reported
- Programs: 1 filed program accomplishment · $639K in reported program spending
- Leadership: top reported pay $171K · 68 people listed · 1 of 6 pay-setting controls reported
- Consistency: 28 of 28 current checks pass
- Schedules: 8 filed schedules · includes major donors, grants, and executive pay
- Filing history: 13 annual filings from 2011 to 2024
- Contacts: How to reach this organization
- Money network: 3 filed money-flow records
- Related organizations: 3 filed related-organization links
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.