Ace Mentor Program Of America Inc is located in Fairfield, CT. The organization was established in 2006. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., under the broad grouping of Education and related organizations. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Ace Mentor Program Of America Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Ace Mentor Program Of America Inc generated $39.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (4.2%) each year. All expenses for the organization totaled $18.1k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (8.9%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
HIGH SCHOOL STUDENTS PARTICIPATING IN THE PROGRAM ARE MENTORED IN ARCHITECTURE, CONSTRUCTION, AND ENGINEERING. COLLEGE SCHOLARSHIPS ARE AWARDED TO SEVERAL PROGRAM GRADUATES WHO CONTINUE THEIR STUDIES IN THESE FIELDS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Maria A Loitz President | 1 | $0 | |
Alexander Murphy Treasurer | 2 | $0 | |
Steven Kolodziej Secretary | 1 | $0 | |
Daniel Thornton Director | 1 | $0 | |
Steve Krawczynski Director | 1 | $0 | |
Kathryn Gagnon Director | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $21,795 |
Total Program Service Revenue | $18,063 |
Membership dues | $0 |
Investment income | $40 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $39,898 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $3,173 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $7,377 |
Total expenses | $18,050 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $162,180 |
Other assets | $0 |
Total assets | $162,180 |
Total liabilities | $50,838 |
Net assets or fund balances | $111,342 |