Overview
What is Ace Academy?
Ace Academy is a nonprofit organization situated in Seattle, Washington. Its primary focus is on supporting African American high school boys, as well as young men from other underrepresented populations, including Latinx/Hispanic, Pacific Islander, and Native American males. The organization offers a comprehensive program that encompasses social and emotional learning, health and wellness habits, STEM education, college and career planning, and individualized goal setting. Ace Academy collaborates with schools and school districts, providing these opportunities on Saturdays during the academic year. Additionally, the organization serves 100 parents and 100 black educators and has partnered with three schools and two school districts. The program takes place not only at their own facility but also within schools, allowing them to reach a broader audience. Ace Academy's mission is to instill in young men a sense of compassion, understanding, a strong educational and cultural foundation, perseverance, and determination, empowering them to utilize their talents for the betterment of their communities.
Official website here: www.aceacademywa.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (61%, Two-Star out of Four Star rating)
Ace Academy has received a two-star rating from Charity Navigator, indicating a need for improvement, particularly in the areas of accountability and finance. The organization scored 54 in this category, highlighting potential weaknesses in financial governance and transparency. Notably, the organization has 0% independent board members, which raises concerns about oversight and objectivity in decision-making.
Despite its financial challenges, Ace Academy excels in aspects related to culture and community, achieving a commendable score of 94. Additionally, the organization demonstrates strong engagement with stakeholders, with perfect scores in feedback collection and usage. This shows a commitment to community input and responsiveness, which can be a strength in fostering a supportive environment.
However, the organization lacks critical policies such as a conflict of interest policy and a whistleblower policy, both of which are essential for promoting ethical standards and accountability. Moreover, the absence of financial statements and a tax form on the nonprofit's website limits transparency, which could affect donor trust and support. Addressing these gaps would be vital for improving its overall rating and organizational effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Ace Academy legitimate?
Ace Academy is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ace Academy 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: $244,374
Professional Fundraising Fees: $0
Other Salaries and Wages: $572,168
For more financial information, click here
Official website here: www.aceacademywa.org
What is the mission statement of Ace Academy?
Ace Academy, aimed at serving historically under-represented populations including African American, African Diaspora, Latino/Hispanic, Pacific Islander, and Native American males, is committed to instilling essential life skills in its young men. The academy fosters compassion and understanding, provides a robust educational and cultural foundation, and emphasizes the values of perseverance and determination. Its goal is to empower these young men to utilize their individual talents for the betterment of their communities. Ultimately, the academy aims to help its students answer the existential question of "Who Am I?" with pride, responding, "I am Excellence."
Official website here: www.aceacademywa.org
Who is the CEO of Ace Academy?
Clarence Dancer is the President of Ace Academy.
Official website here: www.aceacademywa.org
What is the revenue of Ace Academy?
Ace Academy's revenue in 2022 was $1,423,859.
Official website here: www.aceacademywa.org
Who are the executives of Ace Academy and what are their salaries?
The average compensation at Ace Academy during 2022 was $22,069. There are 37 employees and 8 volunteers at Ace Academy.
Here are 3 key members and their salaries:
- Compensation: $103,958
- Related: $0
- Other: $0
- Compensation: $92,083
- Related: $0
- Other: $0
- Compensation: $48,333
- Related: $0
- Other: $0
Official website here: www.aceacademywa.org
Where can I find the form 990 for Ace Academy?
Ace Academy's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.aceacademywa.org
Learn more at the official website: www.aceacademywa.org
Mission Statement of Ace Academy
Ace Academy, a nonprofit organization, is established with a mission to serve men from historically underrepresented populations, including African American, African Diaspora, Latino/Hispanic, Pacific Islander, and Native American males. The primary aim of Ace Academy is to provide these young men with a solid educational and cultural foundation, fostering compassion and understanding. The institution instills the importance of perseverance and determination in its students, encouraging them to utilize their unique talents for the betterment of their community. Ultimately, Ace Academy empowers its students to confidently respond to the existential question of "Who Am I?" with the affirmative answer, "I AM EXCELLENCE!"
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Impact
July, 2024
Ace Academy's impact can be seen through its targeted approach in serving men from historically under-served populations, including African American, African Diaspora, Latino/Hispanic, Pacific Islander, and Native American males. Through its Saturday Academy program, Ace Academy provides essential social and emotional learning, health and wellness habits, STEM content knowledge, college and career planning, individualized goal setting and planning, as well as collaboration and networking opportunities with adult male leaders in the community.
Notably, Ace Academy has served 200 Black young men aged 12-18, as well as engaged with 100 parents and 100 Black educators. Their services have been extended to three schools and two school districts in Seattle, WA. The establishment of a new building/office space has further enhanced their ability to offer programs and services, both on-site and within schools.
By empowering young men to embrace excellence, compassion, understanding, perseverance, and determination, Ace Academy is making a significant impact in shaping future leaders within these under-served communities.
This information is meant to be a general summary of Ace Academy. 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: $1,423,859
Assets and Liabilities:
- Total Assets: $199,067
- Total Liabilities: $37,163
- Net Assets: $161,904
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Organization Details
Founding Year
2014
Phone
(425) 524-4889Principal Officer
Clarence Dancer
Main Address
3120 RAINIER AVE S, SEATTLE, WA, 98144
Website
www.aceacademywa.orgNTEE Category
Code: B90 - Education
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