Overview
What is Ace Mentor Los Angeles Metropolitan Area Inc?
Ace Mentor Los Angeles Metropolitan Area Inc is a nonprofit organization situated in Redondo Beach, California. Their primary mission is to inspire and guide high school students, fostering an interest in careers within the fields of architecture, construction, engineering, and related disciplines. To achieve this goal, they offer scholarships and awards to eligible students, aiming to nurture their potential and contribute to the future workforce in these sectors. The organization's headquarters can be found at 409 N Pacific Coast Hwy, STE 565.
Official website here: www.acementor.org/579
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement
Ace Mentor Los Angeles Metropolitan Area Inc has received a two-star rating from Charity Navigator, indicating that there are notable areas for improvement within the organization. The overall score of 64% reflects strengths in governance, with a fully independent board and no material diversion of assets. However, the lack of essential financial statements and various missing policies raises concerns about accountability and transparency.
The organization demonstrates a reasonable program expense ratio of 65.73%, suggesting that it allocates a good portion of its resources towards its programs. Nevertheless, the absence of critical documents such as a conflict of interest policy, whistleblower policy, and proper financial disclosures limits the organization's credibility. This lack of transparency may affect potential donors' willingness to contribute.
Overall, while Ace Mentor Los Angeles Metropolitan Area Inc shows promise with its independent board and commitment to program expenses, significant gaps in fiscal policy and documentation need to be addressed to enhance its standing and assure stakeholders of its commitment to responsible governance.
This AI summary has been generated from information found on Charity Navigator.
Is Ace Mentor Los Angeles Metropolitan Area Inc legitimate?
Ace Mentor Los Angeles Metropolitan Area Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ace Mentor Los Angeles Metropolitan Area Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.acementor.org/579
What is the mission statement of Ace Mentor Los Angeles Metropolitan Area Inc?
Ace Mentor Los Angeles Metropolitan Area Inc is dedicated to inspiring and motivating high school students towards pursuing careers in architecture, construction, engineering, and related fields. Their mission is to enlighten these students about the opportunities available in these sectors. They achieve this by providing scholarships and awards to high school students who show interest and potential in these fields, thereby encouraging them to pursue their dreams and contribute to these industries in the future.
Official website here: www.acementor.org/579
Who is the CEO of Ace Mentor Los Angeles Metropolitan Area Inc?
Steve Smith is the Treasurer of Ace Mentor Los Angeles Metropolitan Area Inc.
Official website here: www.acementor.org/579
What is the revenue of Ace Mentor Los Angeles Metropolitan Area Inc?
Ace Mentor Los Angeles Metropolitan Area Inc's revenue in 2022 was $822,330.
Official website here: www.acementor.org/579
Who are the executives of Ace Mentor Los Angeles Metropolitan Area Inc and what are their salaries?
There 30 volunteers at Ace Mentor Los Angeles Metropolitan Area Inc.
Here are 4 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.acementor.org/579
Where can I find the form 990 for Ace Mentor Los Angeles Metropolitan Area Inc?
Ace Mentor Los Angeles Metropolitan Area Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.acementor.org/579
Learn more at the official website: www.acementor.org/579
Mission Statement of Ace Mentor Los Angeles Metropolitan Area Inc
Ace Mentor Los Angeles Metropolitan Area Inc is an organization dedicated to inspiring and motivating high school students towards pursuing careers in architecture, construction, engineering, and related fields. Their mission, in simple terms, is to enlighten the youth about the possibilities and potential in these fields. By offering scholarships and awards, they provide a tangible incentive for students to pursue their interests and aspirations in these areas.
The nonprofit's purpose is to bridge the gap between education and industry, offering students a unique opportunity to learn from professionals in the field. By doing so, Ace Mentor Los Angeles Metropolitan Area Inc aims to foster a generation of talented individuals who are well-equipped to make a significant impact in the world of architecture, construction, and engineering. Through their activities, they hope to encourage young people to consider these fields as viable and rewarding career paths, and to provide them with the resources and support needed to succeed.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
July, 2024
Ace Mentor Los Angeles Metropolitan Area Inc's impact can be seen in its dedication to enlightening and motivating high school-aged students to pursue careers in architecture, construction, engineering, and related fields. By providing scholarships and awards to these students, the organization is helping to support and encourage the next generation of professionals in these industries. Through its activities and programs, Ace Mentor Los Angeles Metropolitan Area Inc is making a significant contribution to the education and development of young individuals with an interest in these fields.
This information is meant to be a general summary of Ace Mentor Los Angeles Metropolitan Area Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Gross Receipts: $822,330
Assets and Liabilities:
- Total Assets: $1,072,656
- Total Liabilities: $0
- Net Assets: $1,072,656
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
2002
Principal Officer
Steve Smith
Main Address
409 N Pacific Coast Hwy STE 565, Redondo Beach, CA, 90277
Website
www.acementor.org/579NTEE Category
Code: B82 - Education
If you are a representative of Ace Mentor Los Angeles Metropolitan Area Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.