Nonprofit · EIN 99-0398515
TEXAS ACE FUND
Tax-exempt · WAXAHACHIE, TX 75167
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-EZ | $0 | $3,130 | -$3,130 | $180 | – | $180 |
Financial details: 990-EZ for the year ended December 31, 2024
Revenue
Expenses
- Compensation of officers, directors and key employees
- $0
- Professional fees and payments to contractors
- $2,693
- Other expenses
- $437
Balance sheet and other
- Total assets, start of year
- $0
- Total assets, end of year
- $180
- Total liabilities, end of year
- –
- Net assets, end of year
- $180
- Cash, savings and investments
- $180
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-EZ for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Samuel Fuentes | President & CEO | 5 | $0 |
Address and contacts
- Address (IRS master file)
- 1671 E HIGHLAND RD, WAXAHACHIE, TX 75167-8403
- In care of
- % SAMUEL FUENTES
- Mailing address (990-N for 2025)
- 1671 East Highland Rd, Waxahachie TX 75167
- Principal officer (990-N for 2025)
- Samuel Fuentes, 1671 East Highland Rd, Waxahachie TX 75167
- Signed the 990-EZ
- Samuel Fuentes, President & CEO
- Phone
- (972) 576-6248
- Website
- https://txacefund.org/
- Return prepared by
- 1800ACCOUNTANT LLC
Mission
Taxes ACE fund envision a Texas where opportunity thrives in every community. The vision is fuel by providing crucial financial resources and education to neighborhood businesses growing our economies, builders and developers creating quality affordable housing, and diverse businesses driving government contracts that build the very bones of Texas Infrastracture.
Program accomplishments
- Texas ACE fund leverages cutting-edge Al Technology. This allows to objectively evaluate loan applications and identify the most promising investments, regardless of demographics or preconceived notions.
What it must file and when
IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. 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-N on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-EZ on file |
| 2023 | December 31, 2023 | May 15, 2024 | Check at the IRS |
IRS record
- EIN
- 99-0398515
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2024
- Accounting year ends
- December
- Files
- Form 990-N (e-Postcard)
- Category (NTEE)
- Community improvement and capacity building (S30)
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-N for 2025 Officer: Samuel Fuentes | December 31, 2025 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990-EZ | December 2024 | $0 | $3,130 | $180 | 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 99-0398515).
Questions about TEXAS ACE FUND
- What is the EIN of TEXAS ACE FUND?
- The employer identification number (EIN) of TEXAS ACE FUND is 99-0398515.
- Is TEXAS ACE FUND tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2024.
- Are donations to TEXAS ACE FUND tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does TEXAS ACE FUND file?
- Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
- When is the next return of TEXAS ACE FUND 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 TEXAS ACE FUND last file with the IRS?
- The latest return in the IRS public files is the 990-N for 2025 for the year ended December 31, 2025.
- Who is the principal officer of TEXAS ACE FUND?
- The 990-N for 2025 names Samuel Fuentes.
- Who are the officers and directors of TEXAS ACE FUND?
- The 990-EZ for the year ended December 31, 2024 lists 1 person; 0 received compensation from the organization.
- How much revenue does TEXAS ACE FUND have?
- On its 990-EZ for the year ended December 31, 2024 it reported revenue of $0, expenses of $3,130 and total assets of $180 at year end.
Other nonprofits in WAXAHACHIE
- WAXAHACHIE DOWNTOWN MERCHANTS ASSN EIN 38-3927382 · last filed 990-EZ for 2024
- CITIZENS AGAINST BUTCHER ROAD MUD EIN 93-4462264 · last filed 990-EZ for 2024
- SUPREME ROYAL ZUANNA LADIES OF THE ORACLE EIN 99-4750978 · last filed 990-N for 2025
- LADIES IN PINK SISTERHOOD INC EIN 39-4533884 · last filed 990-N for 2025
- DALLAS PROMISE INC EIN 46-1808067 · last filed 990-N for 2025
- ASSOCIATION OF PROFESSIONAL WOMEN IN CONSTRUCTION EIN 81-2893450 · last filed 990-N for 2024
- KNIGHTS COLUMBIAN CLUB INC EIN 75-2774284 · last filed 990-N for 2025
- ELLIS COUNTY COALITION FOR HEALTH OPTIONS EIN 75-2813621 · last filed 990 for 2024
All nonprofits in WAXAHACHIE · Texas · Community improvement and capacity building