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Ace Athletics Youth Soccer Academy

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

EIN: 832724150 ✦ San mateo, CA ✦ Designated as a 501(c)(3)

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Overview

What is Ace Athletics Youth Soccer Academy?

Ace Athletics Youth Soccer Academy is a nonprofit organization situated in San Mateo, California, primarily focused on soccer education. Their mission is to enhance the soccer skills and knowledge of young children through comprehensive training. The organization is dedicated to this cause, providing a platform for aspiring soccer players in the Asian-American community. By offering a nurturing environment, they aim to help these young athletes reach their full potential in the sport.

What are the reviews and ratings of this charity?

Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star rating, 62%)

Ace Athletics Youth Soccer Academy has received a Two-Star rating from Charity Navigator, indicating a need for improvement in several areas. The overall score of 62% reflects a solid program expense ratio of 98.51%, signifying that the majority of their expenses are directed towards program services. However, the organization faces significant challenges in accountability and financial transparency, as indicated by missing financial statements and key governance documents.

Despite having a fully independent board in terms of majority members, the organization scored poorly in other areas such as the absence of a whistleblower policy and missing board meeting minutes. These gaps in governance practices suggest potential risks in accountability and oversight. Additionally, the absence of a website listed on their tax form and missing tax documents on their website further detracts from their transparency.

While Ace Athletics Youth Soccer Academy demonstrates a commitment to programmatic spending, the lack of essential financial and governance documentation raises concerns for potential donors and stakeholders. Addressing these issues could enhance their ratings and build greater trust within the community they serve.


This AI summary has been generated from information found on Charity Navigator.

Is Ace Athletics Youth Soccer Academy legitimate?

Ace Athletics Youth Soccer Academy is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ace Athletics Youth Soccer 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: $195,700
Professional Fundraising Fees: $0
Other Salaries and Wages: $97,156

For more financial information, click here

What is the mission statement of Ace Athletics Youth Soccer Academy?

Ace Athletics Youth Soccer Academy is dedicated to enhancing the soccer skills and knowledge of young children. Their mission, centered around soccer education, aims to foster improvement in the athletes. The organization, although not specified, is located in San Mateo, California. They strive to achieve this mission through rigorous training and education, nurturing the talents of young soccer enthusiasts.

Who is the CEO of Ace Athletics Youth Soccer Academy?

Yang Zhou is the Ceo & Cfo & Sec of Ace Athletics Youth Soccer Academy. The CEO's salary of Ace Athletics Youth Soccer Academy is $195,700 and their total compensation is $195,700.

What is the revenue of Ace Athletics Youth Soccer Academy?

Ace Athletics Youth Soccer Academy's revenue in 2022 was $734,556.

Who are the executives of Ace Athletics Youth Soccer Academy and what are their salaries?

The average compensation at Ace Athletics Youth Soccer Academy during 2022 was $73,214. There are 4 employees at Ace Athletics Youth Soccer Academy.


There is 1 key member and their salary:


Yang Zhou (Ceo & Cfo & Sec)
  • Compensation: $195,700
  • Related: $0
  • Other: $0
Where can I find the form 990 for Ace Athletics Youth Soccer Academy?

Ace Athletics Youth Soccer Academy's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Ace Athletics Youth Soccer Academy

Ace Athletics Youth Soccer Academy is dedicated to the educational and skill development of young soccer players, with a particular focus on the Asian-American community. The organization's mission is to enhance the soccer knowledge and abilities of these children, aiming to foster a strong passion for the sport. By providing comprehensive training and education, Ace Athletics Youth Soccer Academy strives to instill a deep understanding and love for soccer in its young participants.

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Impact




July, 2024

Ace Athletics Youth Soccer Academy makes a significant impact by providing high-quality soccer education and training to young children, helping them improve their skills and knowledge of the sport. This creates a positive impact on the participants by fostering their passion for soccer and helping them develop important life skills such as teamwork, discipline, and perseverance. Through its programs, Ace Athletics Youth Soccer Academy plays a crucial role in shaping the next generation of soccer players and contributing to the overall development of youth in the community.




This information is meant to be a general summary of Ace Athletics Youth Soccer 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.

Revenue
$734,556 (2022)
Expenses
$631,579 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $5
  • Program Service Revenue: $698,212
  • Gross Receipts: $734,556

Assets and Liabilities:

  • Total Assets: $352,897
  • Total Liabilities: $100,993
  • Net Assets: $251,904

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

COACHING

Revenue

$698,212

Organization Details

Founding Year

2018

Principal Officer

Yang Zhou

Main Address

265 Woodbridge cir, SAN MATEO, CA, 94403

NTEE Category

Code: N64 - Recreation

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