2026-03-09T13:17:57-05:00 2025-06-30 410746749 CLIFTONLARSONALLEN LLP 901 VIA PIEMONTE SUITE 300 ONTARIO CA 91764 990 2024-07-01 451606949 ACE CHARTER SCHOOL FOUNDATION INC ACEC 4082956008 1100 SHASTA AVENUE 250 SAN JOSE CA 95126 KENNEDY HILARIO CEO 4082956008 2026-03-06 1 1 MARLEN GOMEZ P01306775 9099857286 2026-03-06 2024 2025-03-06 01:10:19Z KENNEDY HILARIO 1100 SHASTA AVENUE 250 SAN JOSE CA 95126 1284056 0 X N/A X 2010 CA TO PROVIDE FACILITIES, OPERATIONAL AND OTHER SUPPORT TO ACE CHARTER SCHOOLS. 2 2 0 2 0 0 0 0 0 1198045 88799 86011 1229087 0 1317886 1284056 0 0 0 0 0 0 0 0 0 1379029 1366161 1379029 1366161 -61143 -82105 16482199 15926923 15692758 15219587 789441 707336 TO PROVIDE FACILITIES, OPERATIONAL AND OTHER SUPPORT TO ACE CHARTER SCHOOLS. 0 0 1246643 0 1198045 TO SUPPORT ACE CHARTER SCHOOL IN PROVIDING FACILITIES AND OPERATIONAL SUPPORT. THE FACILITIES SERVED APPROXIMATELY 912 STUDENTS IN 2024-25 FISCAL YEAR. 1246643 1 0 0 0 0 0 0 0 0 0 1 0 0 1 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 2 2 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 1 1 0 0 0 X KENNEDY HILARIO 7147282237 1100 SHASTA AVE UNIT 250 SAN JOSE CA 95126 ALEXANDRA LAKS BOARD CHAIR 1.00 0.00 X X 0 0 0 RAMON POLIN SECRETARY AND TREASURER 1.00 0.00 X X 0 0 0 KENNEDY HILARIO CEO 1.00 40.00 X 0 269028 47112 0 269028 47112 0 0 1 0 0 RENT INCOME 532000 1198045 1198045 1198045 86011 86011 1284056 1198045 0 86011 1505 1505 15 15 384047 384047 589305 479804 109501 382792 382792 OTHER EXPENSES 8497 8497 1366161 1246643 119518 0 68451 71143 674199 732052 47982 12495515 3664744 9213563 8830771 6525986 6244975 16482199 15926923 1848 1505 10698590 10333420 4992320 4884662 15692758 15219587 X 789441 707336 789441 707336 16482199 15926923 -82105 0 X X 0 1 X 1 0 X X X 1 ACE CHARTER SCHOOL 261570590 2 1 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 FORM 990, SCHEDULE A, SECTION C THE MANAGEMENT OF THE FOUNDATION IS THE SAME AS THE MANAGEMENT OF THE SUPPORTING ORGANIZATION. 12495515 3664744 8830771 8830771 BOND 2016 A&B RESERVE ACCOUNT 1039751 DEFERRED RENT ASSET 1382269 OPERATING RIGHT-OF-USE (ROU) ASSETS 3822955 6244975 OPERATING LEASE LIABILITY 4884662 4884662 0 0 0 0 0 0 0 0 0 KENNEDY HILARIO CEO 0 246783 0 0 0 22245 0 9871 0 37241 0 316140 0 0 A CALIFORNIA SCHOOL FINANCE AUTHORITY CHARTER SCHOOL REVENUE BONDS 680280917 13058TEQ9 2016-11-14 12441976 CHARTER SCHOOL FACILITIES AND REFINANCE CONSTRUCTION DEBT 0 1 0 A 1920000 12441976 888387 3758989 244568 7550032 2019 1 0 1 1 A 0 0 0 0 0 0 1 A 0 0 1 0 0 0 0 0 0 A 1 FORM 990, PART VI, SECTION A, LINE 8B THE ORGANIZATION DOES NOT HAVE ANY COMMITTEES THAT CAN ACT ON BEHALF OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY THE ORGANIZATION'S OUTSIDE PUBLIC ACCOUNTING FIRM BASED ON INFORMATION PROVIDED BY MANAGEMENT. ONCE A DRAFT OF THE RETURN IS AVAILABLE, IT IS REVIEWED BY MANAGEMENT WITH ANY CHANGES OR REVISIONS INCORPORATED INTO THE FILING. FORM 990, PART VI, SECTION B, LINE 12C MONITORING IS PERFORMED REGULARLY BY THE OFFICERS TO IDENTIFY POTENTIAL CONFLICTS OF INTEREST. ANY QUESTION OF A CONFLICT IS ADDRESSED WITH THE RESPECTIVE EMPLOYEE, OFFICER, OR BOARD DIRECTOR, WHO IS REQUIRED TO DISCLOSE THE EXISTENCE OF ANY FINANCIAL INTEREST AND BE AFFORDED THE OPPORTUNITY TO DISCLOSE ALL MATERIAL FACTS TO THE BOARD AND CEO. IF A CONFLICT OF INTEREST IS IDENTIFIED, THE APPROPRIATE ACTION IS TAKEN, INCLUDING LIMITATIONS TO THE INDIVIDUAL'S INFLUENCE ON RELATED BUSINESS MATTERS. FORM 990, PART VI, SECTION C, LINE 19 THE FOUNDATION PROVIDES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS TO THE PUBLIC UPON REQUEST. FORM 990, PART XII, LINE 2C: THE PROCESS FOR OVERSIGHT AND SELECTION OF AN INDEPENDENT ACCOUNTANT HAS NOT CHANGED FROM THE PRIOR YEAR. ACE CHARTER SCHOOL LLC 1100 SHASTA AVENUE SAN JOSE CA 95126 451606949 FACILITIES CA 1284643 15926923 ACE CHARTER SCHOOL FOUNDATION ACE CHARTER SCHOOL 1100 SHASTA AVENUE 250 SAN JOSE CA 95126 261570590 CHARTER CA 501(C)(3) LINE 2 N/A 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 ACE CHARTER SCHOOL J 1198045 FAIR MARKET VALUE