Ace Charter School Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2013 | 422,858 | 395,353 | 27,505 | 31.2 | 0% |
| 2014 | 485,032 | 563,643 | −78,611 | 20.2 | 0% |
| 2015 | 485,012 | 573,637 | −88,625 | 16.8 | 0% |
| 2016 | 485,025 | 550,685 | −65,660 | 16.1 | 0% |
| 2017 | 1,371,165 | 1,001,243 | 369,922 | 13.3 | 0% |
| 2018 | 1,115,210 | 1,015,636 | 99,574 | 19.5 | 0% |
| 2019 | 1,287,579 | 1,332,658 | −45,079 | 14.7 | 0% |
| 2020 | 1,800,088 | 1,539,961 | 260,127 | 14.7 | 0% |
| 2021 | 1,235,464 | 1,555,624 | −320,160 | 12.1 | 0% |
| 2022 | 1,143,501 | 1,531,835 | −388,334 | 9.3 | 0% |
| 2023 | 1,044,509 | 1,377,435 | −332,926 | 7.4 | 0% |
In its most recent public year (2023), this organization spent $332,926 more than it brought in. Its reserves stood at about 7.4 months of spending, down from 31.2 in 2013. Staff pay was 0% of spending.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
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