The Ace Foundation
Nonprofit profile at a glance
- EIN
- 320440650
- IRS 990-EZ coverage
- 2017–2017
- Forms available
- Form 990 2016, Form 990-EZ 2017, Form 990-N 2015
- Location
- Santa Monica, CA, USA
- Phone
- 3107211655
- Rating
- 80
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Disaster Preparedness and Relief Services
Reported finances
- Revenue
- $60,013
- Expenses
- $127,505
- Assets
- $7,235
Source: IRS Form 990-EZ. Selected filing: tax year 2017. Amounts in USD.
Leadership & pay
2 people listed
Executive titles in this filing
- ERIC PULIER (PRES/CEO/DIR)
People named in this filing
- ERIC PULIER (PRES/CEO/DIR)
- ANDREW GOLDSTEIN (SEC/DIR)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2017. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The charity is organized and shall be operated exclusively for charitable purposes within the meaning of section 501(c)(30 of the united states internal revenue code of 1986.specifically, the nature of the charity shall include (i) establishing and operating in and out of school programs for the youth in urban, low-income communities; (ii) increasing the knowledge of the sport among the general public through educational programs; (iii) making charitable contributions and grants to nonprofit organizations exempt from federal income tax under the code.
What it reported doing in 2017
Consulting services
Operating model
- Revenue model
- Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
- 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.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Revenue has declined or grown slowly and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 94
- Transparency & Controls: 82
- Sustainability: 11
- Growth: 0
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 84.8%; rating input score 85
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: -112.5%; rating input score 6; 6th percentile among comparable filings
- Total-asset coverage ratio: 0.06; rating input score 7; 7th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: -96.8% per year; rating input score 0; 2nd percentile among comparable filings
- Asset growth: -104.8% per year; rating input score 0; 1st percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 84.8% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $108K in reported program spending
- Leadership: top reported pay $0 · 2 people listed
- Consistency: 6 of 6 current checks pass
- Schedules: 2 filed schedules
- Contacts: How to reach this organization
- 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.
Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.
- High — Growth: Revenue growth scored 0/100.
- High — Sustainability: Operating margin scored 6/100.
- High — Growth: Asset growth scored 0/100.
- High — Sustainability: Total-asset coverage ratio scored 7/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.
- High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.