Nonprofit · EIN 81-2983424
ACE ACADEMY
Tax-exempt · SEATTLE, WA 98144
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $1,058,412 | $1,278,308 | -$219,896 | $17,576 | $159,062 | -$141,486 |
| December 31, 2023 | 990 | $1,349,837 | $1,370,902 | -$21,065 | $176,917 | $33,905 | $143,012 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $1,058,412
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $222,854
- Other salaries and wages
- $374,425
- Salaries, compensation and benefits (total)
- $852,690
- Professional fundraising fees
- $0
- Travel
- $34,780
- Depreciation
- $5,140
- Program services (functional)
- $787,304
- Management and general (functional)
- $321,275
- Fundraising (functional)
- $169,729
Balance sheet and other
- Total assets, start of year
- $176,917
- Total assets, end of year
- $17,576
- Total liabilities, end of year
- $159,062
- Net assets, end of year
- -$141,486
- Net assets without donor restrictions
- -$141,486
- Gross receipts
- $1,058,412
- Employees
- 33
- Volunteers
- 50
- Year formed
- 2014
- State of legal domicile
- WA
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, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CLARENCE DANCER | COO Officer | 40 | $111,427 |
| WILLIE SEALS | President Officer | 40 | $111,427 |
| MARCUS HARDEN | Vice President Officer | 40 | $0 |
990 for the year ended December 31, 2023: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CLARENCE DANCER | COO Officer | 40 | $0 |
| WILLIE SEALS | President Officer | 40 | $0 |
| MARCUS HARDEN | Vice President Officer | 40 | $0 |
Address and contacts
- Address (IRS master file)
- 3120 RAINIER AVE S, SEATTLE, WA 98144-6015
- In care of
- % 3
- Principal officer (990 for 2024)
- CLARENCE DANCER, 3120 RAINIER AVE S, SEATTLE, WA 98144
- Signed the 990
- CLARENCE DANCER, COO
- Phone
- (425) 524-4889
- Website
- ACEACADEMYWA.ORG
- Return prepared by
- Numbers Dont Lie CPA
Mission
ACE is built on the premise of serving men from historically under-served populations. Specifically targeting African American, African Diaspora,Latino/Hispanic, Pacific Islander, and Native American males. At ACE, young men will learn compassion and understanding, a strong educational and cultural foundation, the value of perseverance and determination, and how to use their individual talents for the greater good in their community. Young men of ACE will be able to answer the existential question of "Who Am I?" with a resounding answer of, "I AM EXELLENCE!".
Program accomplishments
- Summary of Program Service Accomplishments for the Year Summer Learning Experience Program We provided a four week summer program for 25 middle school students. The students participated in STEM, humanities, math, financial literacy, field trips, health and wellness and social/emotional development. Career Pathways We provided career connected internships for 55 high school and college young men with BIPOC owned businesses. Along with paid internships, the young men participated in college and career workshops. The workshops provided career skills building along with how to access postsecondary opportunities. Youth Organized Mental Health Education (YOMHE) Four young men developed a mental health awareness presentation. The young men presented this information to 200 youth throughout the city. Black Educator Institute (BEI) BEI is our Black Educator support program. Through this program we provide professional development workshops, social gatherings, the Black Male Educator Summit, classroom supplies and lesson plans. This year over 150 educators participated in our professional development workshops and 55 Black male educators attended our Black Male Educator Summit. Day of Excellence Day of Excellence Is our community centered health and wellness event. This year, we partnered with Black Men Run over 50 community members participated in a 5K Walk/Run fundraiser. The funds raised went directly towards our scholarships. STEM Day - We partnered with a local civil engineering firm to host a STEM Day at our office. We invited 50 youth to engage in hands-on STEM activities. Scholarships We provide $1,000 renewable scholarships for graduating seniors and continuing college students. This year we awarded 7 new scholarships and renewed 5 with a total of 12 scholarships awarded this year. General Community Support We provide space for 15 other non-profit organizations that needed a place to meet, have workshops or other gatherings. After a shooting at one of the local high school, we provided a healing circle and other supports for the football coaching staff.Expenses $787,304
- FAME GAME AND IN SCHOOL PROGRAMMING- Provides purpose to young men of color with tools, resources and knowledge towards becoming viable world citizens. We cover topics that impact them and our community such as police brutality, gun violence and economic mobility. Prepares African American young men and young men of color for individual success through instruction, advising, and mentoring. The progrom focuses on supporting the whole child through physical health and well-being, youth empowerment, and skills in promoting healing.
- Summer Learning Experience (SLE)- Is a 4 week summer program for middle school young men of color. The program provides hands-on academic learning opportunities in Humanities, Math, Science and Health and Wellness.
- In-School Program Prepares African American young men and young men of color for individual success through instruction, advising, and mentoring. The program focuses on supporting the whole child through physical health and well-being, youth empowerment, and skills in promoting healing.
- Black Educators Institute Provides safe space, mentoring and professional development workshops for Black Educators to accelerate educational careers through curriculum development, classroom management, mentoring and family engagement.
- Parent Caf ACE provides parents/guardians of ACE young men a safe place to network, share experiences, advocated for their students, and build community.
- Community Leadership Circle ACE provides a safe space for Black male executive leaders in the Seattle-King County area to network, share resources, and advocate for our communities.
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 | Not 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
- 81-2983424
- 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
- 2019
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B90)
- Assets (IRS master file)
- $17,576
- Income (IRS master file)
- $1,058,412
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $1,058,412 | $1,278,308 | $17,576 | XML |
| 990 | December 2023 | $1,349,837 | $1,370,902 | $176,917 | XML |
| 990 | December 2022 | $1,423,859 | $1,486,185 | $199,067 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990-EZ | 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 81-2983424).
Questions about ACE ACADEMY
- What is the EIN of ACE ACADEMY?
- The employer identification number (EIN) of ACE ACADEMY is 81-2983424.
- Is ACE ACADEMY tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2019.
- Are donations to ACE ACADEMY tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does 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 ACE ACADEMY due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did ACE ACADEMY last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of ACE ACADEMY?
- The 990 for the year ended December 31, 2024 names CLARENCE DANCER.
- Who are the officers and directors of ACE ACADEMY?
- The 990 for the year ended December 31, 2024 lists 3 people; 2 received compensation from the organization, the highest $111,427 (CLARENCE DANCER, COO).
- How much revenue does ACE ACADEMY have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $1,058,412, expenses of $1,278,308 and total assets of $17,576 at year end.
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