Nonprofit · EIN 81-1862359
JAMES SHAW ACE ACADEMY
Tax-exempt · WINSTON SALEM, NC 27103
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $109,056 | $97,284 | $11,772 | $45,323 | $0 | $45,323 |
| December 31, 2024 | 990 | $70,083 | $64,313 | $5,770 | $33,551 | $0 | $33,551 |
| December 31, 2023 | 990 | $49,406 | $42,436 | $6,970 | $27,781 | $0 | $27,781 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $109,053
- Program service revenue
- $0
- Investment income
- $3
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $300
- Occupancy
- $3,120
- Travel
- $11,171
- Program services (functional)
- $97,284
Balance sheet and other
- Total assets, start of year
- $33,551
- Total assets, end of year
- $45,323
- Total liabilities, end of year
- $0
- Net assets, end of year
- $45,323
- Net assets without donor restrictions
- $45,323
- Gross receipts
- $109,056
- Employees
- 0
- Year formed
- 2017
- State of legal domicile
- NC
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| James Shaw III | President Trustee or director, Officer | 40 | $0 |
| Chad Shaw | Vice President Trustee or director, Officer | 2 | $0 |
| Aldeen Smith | Secretary/Treasurer Trustee or director, Officer | 2 | $0 |
| Phillip Edwards | Board member Trustee or director | 2 | $0 |
| Sheila Ray-Shaw | Board member Trustee or director | 2 | $0 |
| Angela Anderson | Board member Trustee or director | 2 | $0 |
| Shakeisha Washington | Board member Trustee or director | 2 | $0 |
990 for the year ended December 31, 2024: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| James Shaw III | President Trustee or director, Officer | 40 | $0 |
| Chad Shaw | Vice President Trustee or director, Officer | 2 | $0 |
| Angela Anderson | Secretary/Treasurer Trustee or director, Officer | 2 | $0 |
| Phillip Edwards | Board member Trustee or director | 2 | $0 |
| Sheila Ray-Shaw | Board member Trustee or director | 2 | $0 |
990 for the year ended December 31, 2023: 6 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Alexandria Shaw | President Trustee or director, Officer | 40 | $0 |
| Chad Shaw | Vice President Trustee or director, Officer | 2 | $0 |
| Angela James | Secretary/Treasurer Trustee or director, Officer | 2 | $0 |
| James Shaw III | Board member Trustee or director | 2 | $0 |
| Phillip Edwards | Board member Trustee or director | 2 | $0 |
| Sheila Ray-Shaw | Board member Trustee or director | 2 | $0 |
Address and contacts
- Address (IRS master file)
- 163 STRATFORD CT STE 110, WINSTON SALEM, NC 27103-1875
- Principal officer (990 for 2025)
- James Shaw JR, 163 Stratford Court Suite 110, Winston Salem, NC 27103
- Signed the 990
- James Shaw JR, President
- Phone
- (336) 306-8145
- Website
- www.shawaceacademy.com
- Return prepared by
- Preston Sims & DardenPA
Mission
Through lectures and a summer camp, introduce middle and high school students to the career opportunities in the aviation/aerospace industries.
Program accomplishments
- Aviation/aeronautics camp expensesExpenses $97,284
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 81-1862359
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2017
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T50)
- Assets (IRS master file)
- $45,323
- Income (IRS master file)
- $109,056
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $109,056 | $97,284 | $45,323 | XML |
| 990 | December 2024 | $70,083 | $64,313 | $33,551 | IRS |
| 990 | December 2023 | $49,406 | $42,436 | $27,781 | XML |
| 990 | December 2022 | $32,137 | $51,100 | $20,811 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 81-1862359).
Questions about JAMES SHAW ACE ACADEMY
- What is the EIN of JAMES SHAW ACE ACADEMY?
- The employer identification number (EIN) of JAMES SHAW ACE ACADEMY is 81-1862359.
- Is JAMES SHAW ACE ACADEMY tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2017.
- Are donations to JAMES SHAW ACE ACADEMY tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does JAMES SHAW ACE ACADEMY file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of JAMES SHAW ACE ACADEMY due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did JAMES SHAW ACE ACADEMY last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of JAMES SHAW ACE ACADEMY?
- The 990 for the year ended December 31, 2025 names James Shaw JR.
- Who are the officers and directors of JAMES SHAW ACE ACADEMY?
- The 990 for the year ended December 31, 2025 lists 7 people; 0 received compensation from the organization.
- How much revenue does JAMES SHAW ACE ACADEMY have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $109,056, expenses of $97,284 and total assets of $45,323 at year end.
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