Alignment Collaborative for Education Inc
Nonprofit profile at a glance
- EIN
- 474377813
- IRS 990 coverage
- 2015–2024
- Forms available
- Form 990 2024, Form 990-EZ 2017
- Location
- Elgin, IL, USA
- Phone
- 2242277534
- Rating
- 77
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Educational Services and Schools - Other
Reported finances
- Revenue
- $670,750
- Expenses
- $531,747
- Assets
- $548,752
- Liabilities
- $12,888
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
31 people listed
Executive titles in this filing
- BILL WRIGHT (PRESIDENT AN)
Highest reported compensation
- NANCY COLEMAN (EXECUTIVE DI): $105,000 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Ace's mission is to align community resources in support of public school strategies to raise student achievement, improve the health and happiness of our children, create responsible, productive and contributing members of our society, and advance the economic and social well-being of our community.
What it reported doing in 2024
Ace employs a multifaceted approach which is necessary to ensuring generational change that focuses on those who need the most support. This is implemented via teams including: "children prepared to learn & succeed" (assuring that every student is prepared with the skills needed to enter kindergarten and instilled with a love of learning throughout their life. By beginning on a solid foundation, our students will be prepared to reach important benchmarks throughout their educational career.); "skilled workforce (developing a high-quality workforce, from within its own student population, for the best jobs of the future. We will increase the intellectual capital and workforce capacity of the region by aligning the community's education, workforce, and economic development efforts.), and "strong families & healthy communities" (recognizing the equal role of family involvement and community support in student achievement. Good physical, emotional and social health of our families, neighborhoods and communities to create an environment where all children can learn.
Operating model
- Revenue model
- Donor-supported. 99% of the money available for current operations came from contributions and gifts.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
- Includes noncash contributions: Reported contributions include donated property or goods.
The verdict
SUPPORTED - The filed numbers largely add up and a large share of total spending goes to programs. A relatively small share of available resources goes toward mission work and some filing-based governance responses are negative or unanswered.
Rating breakdown
- Financial Efficiency: 62
- Transparency & Controls: 92
- Accountability: 82
- Sustainability: 58
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 55%; rating input score 55
- Program expense ratio: 69%; rating input score 69
- Fundraising efficiency: $41.05 raised per $1 spent on fundraising; rating input score 74; 74th percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 4 of 7 controls in place; rating input score 57
- Conflict-of-interest policy: Pass
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: NotApplicable
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Fail
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 20.7%; rating input score 77; 77th percentile among comparable filings
- Total-asset coverage ratio: 1.03; rating input score 44; 44th percentile among comparable filings
- Liabilities to assets ratio: 0.02; rating input score 61; 61st percentile among comparable filings
- Officer compensation ratio: 19.7%; rating input score 15; 15th percentile among comparable filings
Growth
- Program expense growth: 13.4% per year; rating input score 100; 72nd percentile among comparable filings
- Revenue growth: 9.4% per year; rating input score 100; 64th percentile among comparable filings
- Asset growth: 7.1% per year; rating input score 100; 48th percentile among comparable filings
Details
- Where the money goes: 55% of revenue deployed · 69% of spending went to programs
- Governance: 31 of 31 board members independent · 4 of 7 filing controls reported
- Programs: 1 filed program accomplishment · $367K in reported program spending
- Leadership: top reported pay $105K · 31 people listed
- Consistency: 28 of 28 current checks pass
- Schedules: 4 filed schedules · includes major donors
- Filing history: 5 filing years from 2015 to 2024
- Contacts: How to reach this organization
- Money network: 2 filed money-flow records
- Related organizations: Filed and resolved organization relationships.
- 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.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Review — Financial Efficiency: Mission deployment rate scored 55/100.
- Review — Accountability: Governance controls: 3 of 7 not reported.
- Moderate — Sustainability: Total-asset coverage ratio scored 44/100.
- High — Sustainability: Officer compensation ratio scored 15/100.