Overview
What is Ace Charter School?
Ace Charter School, located at 1100 Shasta Ave 250 in San Jose, California (ZIP code 95126), is a nonprofit organization dedicated to providing educational opportunities to the local community. The school served approximately 1,071 students during the 2021-2022 fiscal year and employs 248 individuals. Its mission is to operate public charter schools and offer educational programs. Ace Charter School strives to create a welcoming community that helps students, particularly those who may have been neglected, feel a sense of belonging in the classroom. Through optimism, self-confidence, and ambition, students are prepared to excel in college and beyond.
Official website here: www.acecharter.org
What are the reviews and ratings of this charity?
81% rating from Charity Navigator indicates that Ace Charter School holds a Three-Star out of Four Star rating, reflecting a solid performance in accountability and finance. The organization excels in areas such as having a fully independent board and effective financial oversight, which contribute positively to its overall governance and transparency.
In terms of operational efficiency, Ace Charter School allocates a significant portion of its expenses to programs, with a program expense ratio of nearly 80%. This suggests a strong commitment to its educational mission and effective resource utilization. Additionally, the organization has established comprehensive policies on conflict of interest and whistleblower protections, ensuring ethical practices within its operations.
However, while the accountability and culture metrics are notably high, the lower score in community engagement indicates there may be areas for improvement in how the organization interacts with its community or communicates its impact. This suggests an opportunity for Ace Charter School to enhance its community involvement and visibility, thereby bolstering its overall effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Ace Charter School legitimate?
Ace Charter School is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ace Charter School 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: $292,968
Professional Fundraising Fees: $0
Other Salaries and Wages: $10,017,052
For more financial information, click here
Official website here: www.acecharter.org
What is the mission statement of Ace Charter School?
Ace Charter School is dedicated to operating public charter schools and providing educational programs. Their mission is geared towards creating a welcoming community that focuses on the growth of students, particularly those who have been overlooked. By fostering optimism, self-confidence, and ambition, Ace Charter School empowers students to succeed in college and beyond. The school serves approximately 1,071 students annually. Through their educational programs, they aim to provide opportunities for the surrounding community and help students feel a sense of belonging in the learning environment.
Official website here: www.acecharter.org
Who is the CEO of Ace Charter School?
Kennedy Hilario Start 722 is the CEO of Ace Charter School The CEO's salary of Ace Charter School is $115,233 and their total compensation is $131,025.
Official website here: www.acecharter.org
What is the revenue of Ace Charter School?
Ace Charter School's revenue in 2023 was $21,305,219.
Official website here: www.acecharter.org
Who are the executives of Ace Charter School and what are their salaries?
The average compensation at Ace Charter School during 2023 was $42,780. There are 241 employees and 15 volunteers at Ace Charter School.
Here are 17 key members and their salaries (Ace Charter School's CEO's salary is $115,233 and their total compensation is $131,025):
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- Compensation: $115,233
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- Other: $15,792
- Compensation: $145,976
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- Other: $16,547
- Compensation: $136,354
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- Other: $35,101
- Compensation: $172,855
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- Other: $21,702
- Compensation: $152,999
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- Other: $81,602
- Compensation: $141,958
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- Other: $56,630
- Compensation: $126,321
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- Other: $51,222
Official website here: www.acecharter.org
Where can I find the form 990 for Ace Charter School?
Ace Charter School's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.acecharter.org
Learn more at the official website: www.acecharter.org
Mission Statement of Ace Charter School
Ace Charter School, a public charter institution, is dedicated to creating a welcoming community that nurtures the growth of students, particularly those who have been overlooked. The school's mission goes beyond providing education; it aims to instill a sense of belonging, optimism, self-confidence, and ambition in its students. Ace Charter School believes that equipping students with these essential qualities prepares them for success not only in college but also in their future endeavors.
The school serves as a beacon of educational opportunities within its community, with approximately 1,071 students benefiting from its programs during the 2021-2022 fiscal year. Ace Charter School's commitment to its students is evident in its fostering environment, which encourages their holistic development. By offering a supportive learning atmosphere, Ace Charter School ensures that its students not only acquire essential academic skills but also cultivate valuable life skills that will serve them well beyond the classroom.
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Impact
October, 2024
Ace Charter School plays a significant role in the San Jose community by operating public charter schools that provide vital educational programs. During the 2021-2022 fiscal year, the school served approximately 1,071 students, offering them a supportive learning environment.
The school's mission centers on creating a welcoming community that emphasizes personal growth, particularly for students who have faced neglect. By instilling values such as optimism, self-confidence, and ambition, Ace empowers students to recognize their potential and feel a sense of belonging in an educational setting. This foundation prepares them to thrive not only in college but also in their future endeavors, significantly impacting their lives and the community as a whole.
This information is meant to be a general summary of Ace Charter School. 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 2023.
- Investment Income: $8,649
- Gross Receipts: $21,305,219
Assets and Liabilities:
- Total Assets: $9,307,537
- Total Liabilities: $4,416,533
- Net Assets: $4,891,004
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Organization Details
Founding Year
2008
Principal Officer
Kennedy Hilario
Website
www.acecharter.orgNTEE Category
Code: B29 - Education
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