2024-05-15T10:38:20-05:00 2023-06-30 752608885 TURNER STONE & COMPANY 12700 PARK CENTRAL DR SUITE 1400 DALLAS TX 75251 990 2022-07-01 752819736 ACCELERATED CHRISTIAN EDUCATION MINISTRIES INC ACCE 6156125200 ATTN ACCOUNTING PO BOX 2707 HENDERSONVILLE TN 370772707 ESTHER HOWARD PRESIDENT 6156125200 2024-05-15 ESTHER HOWARD 999009999 0 TODD ESTES CPA P00642933 9722391660 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z ESTHER HOWARD PO BOX 2707 HENDERSONVILLE TN 370772707 3199785 0 X WWW.ACEMINISTRIES.COM X 1999 TX THE ORGANIZATION IS ORGANIZED EXCLUSIVELY FOR RELIGIOUS, CHARITABLE, AND EDUCATIONAL PURPOSES INCLUDING, BUT NOT LIMITED TO, OPERATING A SCHOOL AND DISTANCE LEARNING ACADEMY FOR ELEMENTARY AND SECONDARY GRADES FOR THE DAILY INSTRUCTION OF CHILDREN IN ALL BRANCHES OF KNOWLEDGE FROM THE PERSPECTIVE THAT THE BIBLE IS THE INFALLIBLE WORD OF GOD: IN ESSENCE, TO ADVANCE CHRISTIAN EDUCATION IN THE UNITED STATES AND THROUGHOUT THE WORLD. 2 0 24 0 0 0 21551 28686 1802490 1991699 54903 164625 949120 284200 2828064 2469210 0 14765 0 0 911585 880631 0 0 0 1169263 1149186 2080848 2044582 747216 424628 12373183 12829360 736091 788055 11637092 12041305 THE ORGANIZATION'S MISSION IS TO OPERATE A PRIVATE ELEMENTARY AND SECONDARY SCHOOL TO PROVIDE A BIBLICALLY BASED EDUCATION IN ALL BRANCHES OF KNOWLEDGE. 0 0 1373399 14765 1991699 OPERATED A PRIVATE CHRISTIAN SCHOOL IN TENNESSEE AND THE DISTANCE LEARNING ACADEMY FOR THE 2022-2023 ACADEMIC SCHOOL YEAR. THE DISTANCE LEARNING PROGRAM SERVED ABOUT 2,700 STUDENTS AND INCURRED APPROXIMATELY 68% OF THE ORGANIZATIONS EXPENSES. THE DAY SCHOOL SERVED ABOUT 13 STUDENTS AND INCURRED ABOUT 16% OF EXPENSES. 1373399 1 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 1 1 1 0 0 0 0 0 1 0 0 0 1 0 0 24 1 0 0 0 0 0 0 0 0 0 0 0 0 X 2 0 1 0 0 0 0 0 0 1 1 0 0 1 1 0 0 0 0 0 0 0 X MELODY KIRKLAND 6156125200 130 MAPLE DRIVE NORTH HENDERSONVILLE TN 37075 X FLORENCE HESTER SECRETARY/DIRECTOR 6.00 X X 0 51193 6059 ESTHER HOWARD PRESIDENT/DIRECTOR 6.00 X X 0 127920 6039 SCOTT SPENCER EXECUTIVE DIR OF FINANCE 6.00 X 0 88184 14507 0 267297 26605 0 0 0 0 0 28686 28686 TUITION REVENUE 611600 1624029 1624029 REGISTRATION REVENUE 611600 367670 367670 1991699 164625 164625 8264 2345 5919 5919 792630 728230 64400 64400 MISCELLANEOUS 611600 213881 213881 213881 2469210 2205580 0 234944 14765 14765 707909 707909 124553 124553 48169 48169 629992 629992 4790 4790 20799 20799 77321 70440 6881 41636 41636 56652 53894 2758 143284 137321 5963 11036 11036 11095 11095 CURRICULUM CONTRIBUTION 82169 82169 PROGRAM EXPENSES 43778 43778 BAD DEBT EXPENSE 24205 24205 ACE IN HOUSE PROJECTS 1213 1213 1216 1216 2044582 1373399 671183 0 8677660 7252353 175492 153934 14703 144015 1835769 18111 1817658 1817658 1687670 3461400 12373183 12829360 68987 53901 555830 588874 111274 145280 736091 788055 X 11637092 12041305 11637092 12041305 12373183 12829360 424628 -20416 0 X 0 1 X 0 0 X 1817658 1817658 18111 18111 0 1817658 PAYABLE DUE TO ACE 145280 145280 X 3179369 -20416 730575 710159 2469210 0 2469210 2775156 730575 730575 2044581 0 2044581 PART X, LINE 2: THE ORGANIZATION IS A NON-PROFIT ORGANIZATION AS DESCRIBED IN THE INTERNAL REVENUE CODE SECTION 501(C)(3) AND WAS GRANTED EXEMPTION FROM FEDERAL INCOME TAXES IN AN IRS LETTER DATED OCTOBER 25, 2000. THE ORGANIZATION MUST RECOGNIZE THE TAX IMPACT OF A TAX POSITION TAKEN ON A TAX RETURN WHEN IT IS MORE LIKELY THAN NOT THAT THE POSITION WILL NOT BE SUSTAINED ON AUDIT, BASED ON THE TECHNICAL MERITS OF THE POSITION. THE ORGANIZATION DOES NOT BELIEVE THERE ARE ANY MATERIAL UNCERTAIN TAX POSITIONS AND ACCORDINGLY, HAS NOT RECOGNIZED ANY LIABILITY FOR UNRECOGNIZED TAX BENEFITS. THE ORGANIZATION'S INCOME TAX RETURNS ARE PERIODICALLY SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE. THE PERIODS THAT REMAIN OPEN FOR EXAMINATION ARE THE YEARS ENDING JUNE 30, 2020 AND AFTER. PART XI, LINE 2D - OTHER ADJUSTMENTS: COST OF CURRICULUM INCLUDED ON LINE 1 728,230. FUNDRAISING EXPENSES INCLUDED ON LINE 1 2,345. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF CURRICULUM INCLUDED ON LINE 1 728,230. FUNDRAISING EXPENSES INCLUDED ON LINE 1 2,345. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE E, PART I, LINE 3 ACEM PUBLISHES AN ANNUAL ADVERTISEMENT OF ITS NON- DISCRIMINATION POLICY IN A NEWSPAPER OF GENERAL CIRCULATION IN THE LOCALITY OF ITS ON-SITE SCHOOL. THE LAST SUCH ADVERTISEMENT WAS PUBLISHED ON JULY 21, 2021 IN THE LEDGER, A HENDERSONVILLE, TENNESSEE NEWSPAPER. ACEM'S DISTANCE LEARNING ACADEMY DRAWS A SUBSTANIAL PERCENTAGE OF ITS STUDENTS NATIONWIDE OR WORLDWIDE, AND, THEREFORE, PUBLICIZES ITS NONDISCRIMINATION POLICY THROUGH ITS ADMISSIONS, PROGRAM AND SCHOLARSHIP MATERIALS. 0 SCHOLARSHIPS 15 14765 SEE PART V SEE PART V 759080 SEE PART V 0 PART IV, BUSINESS TRANSACTIONS INVOLVING INTERESTED PERSONS: (A) NAME OF PERSON: ACCELERATED CHRISTIAN EDUCATION, INC.(B) RELATIONSHIP: ESTHER HOWARD IS PRESIDENT/DIRECTOR OF ACEM AND IS 100% SHAREHOLDER OF ACCELERATED CHRISTIAN EDUCATION, INC. FLORENCE HESTER IS AN OFFICER OF BOTH ACEM AND ACCELERATED CHRISTIAN EDUCATION, INC.DUANE HOWARD AND MELODY KIRKLAND ARE THE CHILDREN OF ESTHER HOWARD.(D) DESCRIPTION OF TRANSACTION: ACEM -1. LEASES OFFICE SPACE FROM ACCELERATED CHRISTIAN EDUCATION, INC.2. REIMBURSES CERTAIN EXPENSES PAID BY ACCELERATED CHRISTIAN EDUCATION, INC.3. SHARES CERTAIN EMPLOYEES THAT WERE COMPENSATED BY ACCELERATED CHRISTIAN EDUCATION, INC. FORM 990, PART VI, SECTION A, LINE 2 BUSINESS RELATIONSHIP FLORENCE HESTER IS EMPLOYED BY ACCELERATED CHRISTIAN EDUCATION INC. WHICH IS SOLELY OWNED BY ESTHER HOWARD, THEREFORE, THEY HAVE A BUSINESS RELATIONSHIP. FORM 990, PART VI, SECTION B, LINE 11B REVIEW 990 FORM 990 IS INITIALLY PREPARED BY AN INDEPENDENT ACCOUNTING FIRM AND THEN CIRCULATED TO THE BOARD OF DIRECTORS FOR REVIEW AND APPROVAL BEFORE BEING SIGNED BY THE EXECUTIVE DIRECTOR. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, FINANCIAL STATEMENTS AND CONFLICT OF INTEREST POLICY ARE AVAILABLE TO THE PUBLIC IN PERSON DURING REGULAR BUSINESS HOURS OR UPON WRITTEN REQUEST AT ACEM'S PRINCIPAL OFFICE FOR THE PERIOD AS SET FORTH IN IRC SECTION 6104(D). FORM 990, PART VII, SECTION A, LINE 1A(B): AVERAGE HOURS PER WEEK ESTHER HOWARD, FLORENCE HESTER AND SCOTT SPENCER ARE OFFICERS AND / OR EMPLOYEES OF ACCELERATED CHRISTIAN EDUCATION, INC., AN ENTITY RELATED TO ACCLERATED CHRISTIAN EDUCATION MINISTRIES, INC. THEIR SALARIES ARE PAID BY ACCLERATED CHRISTIAN EDUCATION, INC. THE WORK HOURS OF THESE INDIVIDUALS ARE SPLIT BETWEEN THE TWO ENTITIES. APPROXIMATELY 10% TO 15% OF THEIR WORK HOURS ARE FOR ACCELERATED CHRISTIAN EDUCATION MINISTRIES, INC. ACCELERATED CHRISTIAN EDUCATION, INC. INVOICES, AS A COMPONENT OF A MANAGEMENT FEE, A CHARGE FOR THE ALLOCABLE WAGES FOR THE WORK PERFORMED BY THESE INDIVIDUALS TO ACCELERATED CHRISTIAN EDUCATION MINISTRIES, INC. ACCELERATED CHRISTIAN EDUCATION INC PO BOX 2707 HENDERSONVILLE TN 37077 751390964 EDUCATION TX N/A C 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 ACE INC O 193622 CASH ACE INC N 124113 CASH ACE INC P 441345 CASH