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Alliance For Choice In Education

Ace Scholarships

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

EIN: 841531066 ✦ Greenwood village, CO ✦ Designated as a 501(c)(3)

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Overview

What is Alliance For Choice In Education?

The Alliance For Choice In Education, also known as ACE, is a nonprofit organization based in Greenwood Village, Colorado. With 47 employees, ACE is dedicated to empowering low-income families with the choice of private education for their children. Through two scholarship programs, ACE provides financial assistance to qualifying students in Colorado, Montana, Kansas, Texas, Wyoming, Arkansas, Missouri, Louisiana, and Kansas. The private program adheres to the federal poverty guidelines, while the tax-credit programs in Louisiana and Kansas follow state statutes. ACE's mission is to administer these scholarships, serving as a registered Scholarship Granting Organization in both states' tax credit programs. The organization's programs enable children from low-income backgrounds to attend private schools from kindergarten through high school.


Official website here: www.acescholarships.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 100% (Four-Star out of Four Stars)

Alliance For Choice In Education has received a perfect score of 100%, indicating exceptional performance in various key areas assessed by Charity Navigator. This high rating reflects the organization’s strong accountability and financial practices, where it has consistently maintained transparency and responsible management of its resources. With a program expense ratio of 84.22%, the majority of its funds are directed towards its mission, showcasing an effective use of donations.

The organization excels in impact measurement and community engagement, scoring full points in both categories. This demonstrates that it not only delivers on its programs but also actively involves stakeholders in evaluating its effectiveness. The 100% score in leadership and adaptability highlights a robust governance structure, bolstered by a board composed entirely of independent members, which enhances decision-making integrity.

While there are no noted limitations or concerns in the data, such high marks across the board suggest that the Alliance For Choice In Education is a model nonprofit, committed to the highest standards of operational excellence. Its policies around conflict of interest, whistleblower protections, and financial transparency further reinforce its dedication to ethical practices and community trust.


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

Is Alliance For Choice In Education legitimate?

Alliance For Choice In Education is a legitimate nonprofit organization registered as a 501(c)(3) entity. Alliance For Choice In Education 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: $1,115,142
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,454,759

For more financial information, click here


Official website here: www.acescholarships.org

What is the mission statement of Alliance For Choice In Education?

The Alliance For Choice In Education is a non-profit organization dedicated to empowering low-income families by providing them with the means to choose private schools for their children in grades K-12. The mission of this organization is to grant scholarships to economically disadvantaged families, enabling their children to attend private schools. The eligibility for these scholarships is determined based on the federal poverty guidelines. The organization oversees two scholarship programs: a privately funded program in various states, and a tax-credit scholarship program in Louisiana and Kansas. The private scholarship program's policies and procedures are evaluated and approved by the Alliance For Choice In Education's program committee, while the tax-credit scholarship program's scholarships are awarded in accordance with state statutes and regulations published by the Louisiana Department of Education and Kansas' Department of Education.


Official website here: www.acescholarships.org

Who is the CEO of Alliance For Choice In Education?

Norton Rainey is the President & Ceo of Alliance For Choice In Education. The CEO's salary of Alliance For Choice In Education is $414,170 and their total compensation is $457,696.


Official website here: www.acescholarships.org

What is the revenue of Alliance For Choice In Education?

Alliance For Choice In Education's revenue in 2021 was $34,038,450.


Official website here: www.acescholarships.org

Who are the executives of Alliance For Choice In Education and what are their salaries?

The average compensation at Alliance For Choice In Education during 2021 was $75,955. There are 47 employees and 60 volunteers at Alliance For Choice In Education.


Here are 21 key members and their salaries (Alliance For Choice In Education's CEO's salary is $414,170 and their total compensation is $457,696):


Joe Smith (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tom Zanecchia (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lindsay Brown (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lisa Walsh (Vice Chairman (Beg. 10/2021))
  • Compensation: $0
  • Related: $0
  • Other: $0
Jerry Sommer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alex Cranberg (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eric Koeplin (Director (Beg. 10/2021))
  • Compensation: $0
  • Related: $0
  • Other: $0
Matt Turner (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Ward (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bert Williams (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Liz Wright (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Norton Rainey (President & Ceo)
  • Compensation: $414,170
  • Related: $0
  • Other: $43,526
Jonathan Tee (Chief Operating Officer)
  • Compensation: $232,445
  • Related: $0
  • Other: $9,101
David Vande Castille (Chief Operating Officer)
  • Compensation: $164,046
  • Related: $0
  • Other: $8,438
Gina Dimatteo (Chief Financial Officer)
  • Compensation: $143,132
  • Related: $0
  • Other: $14,076
Karen Farrand (Chief Financial Officer (Beg 5/2021))
  • Compensation: $79,432
  • Related: $0
  • Other: $6,775
Arthur Dupre (Vp Of Development, Louisiana)
  • Compensation: $187,985
  • Related: $0
  • Other: $29,692
Erik Billinger (Vp Of Development Co)
  • Compensation: $128,613
  • Related: $0
  • Other: $31,269
Brittani O'Brien (Vp Of Development Co)
  • Compensation: $146,394
  • Related: $0
  • Other: $18,139
Sharon Rodgers (Vp Of Development, Houston)
  • Compensation: $148,819
  • Related: $0
  • Other: $31,858
Jr Holland (Vp Of Development, Dallas)
  • Compensation: $114,713
  • Related: $0
  • Other: $26,619


Official website here: www.acescholarships.org

Where can I find the form 990 for Alliance For Choice In Education?

Alliance For Choice In Education's most recent form 990 was submitted in 2021 and can be accessed here.


Official website here: www.acescholarships.org

Learn more at the official website: www.acescholarships.org

Mission Statement of Alliance For Choice In Education

The Alliance For Choice In Education, a nonprofit organization, is committed to empowering low-income families by providing them with the power of education choice. Their mission extends to granting scholarships to children from economically disadvantaged backgrounds, enabling them to attend private schools from kindergarten through high school. The eligibility for these scholarships aligns with the Federal Poverty Guidelines. The organization's Program Committee meticulously oversees and approves the policies and procedures related to the private scholarship program.

In addition to their work in several states, including Colorado, Montana, Kansas, Texas, Wyoming, Arkansas, and Missouri, the Alliance For Choice In Education also serves as a School Tuition Organization in the Louisiana Tax Donation Credit Program. Adhering to state statutes and regulations published by the Louisiana Department of Education, they award scholarships to qualified students within this program. Furthermore, they are registered as a Scholarship Granting Organization within Kansas' Tax Credit Program, carrying out the same purpose. By offering these scholarships, the Alliance For Choice In Education fosters educational opportunities for children, ensuring they have a chance to thrive in learning environments that best suit their needs.

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Impact




October, 2024

Alliance For Choice In Education (ACE) empowers low-income families by providing them with scholarships for private schooling from kindergarten through high school. By administering two scholarship programs—one privately funded in multiple states and a tax-credit program in Louisiana and Kansas—ACE facilitates access to quality educational options for children who would otherwise face financial barriers.

In addition to offering financial assistance, ACE plays a crucial advocacy role for expanding education choice, further supporting families in their pursuit of tailored educational experiences. The organization operates within a framework of state-approved regulations, ensuring that the scholarship distribution aligns with both federal poverty guidelines and local education standards.

Through its programs, ACE effectively opens doors for numerous students, allowing them the opportunity to pursue their educational goals in supportive environments that meet their individual needs. This initiative not only impacts families by providing choice but also contributes to the broader dialogue around educational equity and opportunity in low-income communities.




This information is meant to be a general summary of Alliance For Choice In Education. 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
$34,038,450 (2021)
Expenses
$27,320,020 (2021)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2021.

  • Investment Income: $69,124
  • Gross Receipts: $34,438,152

Assets and Liabilities:

  • Total Assets: $60,249,872
  • Total Liabilities: $9,465,363
  • Net Assets: $50,784,509

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Organization Details

Founding Year

2000

Principal Officer

Norton Rainey

Main Address

5251 DTC PARKWAY SUITE 1150, GREENWOOD VILLAGE, CO, 80111

NTEE Category

Code: B82 - Education

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