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Ace Charter School Foundation Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 451606949 ✦ San jose, CA ✦ Designated as a 501(c)(3)

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Overview

What is Ace Charter School Foundation Inc?

Ace Charter School Foundation Inc, based in San Jose, California, is a nonprofit organization dedicated to supporting Ace Charter Schools. Their primary mission is to provide essential facilities, operational, and additional resources to enhance the school's functionalities. Serving approximately 1,071 students in the 2021-22 fiscal year, this foundation plays a pivotal role in the school's success and growth.

Is Ace Charter School Foundation Inc legitimate?

Ace Charter School Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ace Charter School Foundation 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

What is the mission statement of Ace Charter School Foundation Inc?

The Ace Charter School Foundation Inc's mission is centered around providing essential support to Ace Charter Schools. This support encompasses facilities, operational, and other necessary resources. In the 2021-22 fiscal year, approximately 1,071 students benefited from these facilities. The foundation's role is to aid in the smooth operation of the schools, thereby contributing to the provision of quality education for these students.

Who is the CEO of Ace Charter School Foundation Inc?

Kennedy Hilario is the Chairman of Ace Charter School Foundation Inc.

What is the revenue of Ace Charter School Foundation Inc?

Ace Charter School Foundation Inc's revenue in 2022 was $1,143,501.

Who are the executives of Ace Charter School Foundation Inc and what are their salaries?

There 3 volunteers at Ace Charter School Foundation Inc.


Here are 5 key members and their salaries:


John Bronson (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alexandra Laks (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Abbott (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Naganath Mahalingam Left At 111521 (Managing Director)
  • Compensation: $0
  • Related: $188,401
  • Other: $7,547
David Blohm 111521 - 60622 (Director Of Finance)
  • Compensation: $0
  • Related: $60,417
  • Other: $6,496
Where can I find the form 990 for Ace Charter School Foundation Inc?

Ace Charter School Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Ace Charter School Foundation Inc

Ace Charter School Foundation Inc is an organization dedicated to providing support for Ace Charter Schools. Their mission is to offer facilities, operational, and various other forms of assistance to these schools. By doing so, they aim to help Ace Charter Schools provide a conducive learning environment for their students. In the 2021-22 fiscal year, the facilities served by Ace Charter School Foundation Inc accommodated approximately 1,071 students, demonstrating the organization's significant role in supporting the educational endeavors of these schools.

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Impact




October, 2024

Ace Charter School Foundation Inc significantly enhances educational opportunities by providing essential facilities and operational support to ACE Charter Schools. In the 2021-22 fiscal year, these efforts directly benefited approximately 1,071 students in San Jose, CA. By ensuring that the schools are well-equipped and operationally sound, the Foundation plays a crucial role in fostering an environment where students can thrive academically. This support not only bolsters the educational framework but also cultivates a community dedicated to empowering learners and promoting educational excellence.




This information is meant to be a general summary of Ace Charter School Foundation 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.

Revenue
$1,143,501 (2022)
Expenses
$1,531,835 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $2,615
  • Gross Receipts: $1,143,501

Assets and Liabilities:

  • Total Assets: $13,179,769
  • Total Liabilities: $11,996,259
  • Net Assets: $1,183,510

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Organization Details

Founding Year

2011

Principal Officer

Kennedy Hilario

Main Address

1100 SHASTA AVENUE 250, SAN JOSE, CA, 95126

NTEE Category

Code: B112 - Education

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