As & Aces
- Assets
- $514.5k
- Revenue
- $251.4k
- Investments
- $0.0
- Employees
- 3
- Location
- New Orleans, LA
- Founding
- 06/2008
- Data as of
- 12/2021
- EIN
- 26-1905295
Organization Overview
As & Aces is located in New Orleans, LA. The organization was established in 2008. According to its NTEE Classification (B90) the organization is classified as: Educational Services, under the broad grouping of Education and related organizations. As of 12/2021, As & Aces employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. As & Aces 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 12/2021, As & Aces generated $251.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (9.6%) each year. All expenses for the organization totaled $237.4k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (7.1%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
A'S & ACES MISSION IS TO PROVIDE ACADEMIC ASSISTANCE, LIFE SKILLS, AND TENNIS TO NEW ORLEANS PUBLIC SCHOOL CHILDREN.
Describe the Organization's Program Activity:
Part 3 - Line 4a
A'S & ACES LITERACY AND TENNIS SUMMER CAMPS AND TOURNAMENT TRAINING CAMP, 7/8 WEEKS (JUNE & JULY), 9AM-3PM. ABOUT 80 CHILDREN IMPACTED, AGES 5-17; BOYS AND GIRLS. - HOSTED AT TWO (2) SITES, WITH FREE BREAKFAST & LUNCH. - TENNIS INSTRUCTION, LITERACY ACTIVITIES, ENRICHMENT ACTIVITIES, FIELD TRIPS (ZOO, AQUARIUM, STORYLAND IN CITY PARK, LIBRARY, CANOEING; BEFORE AND AFTER CARE OPTIONS
PATHWAY TO COLLEGE INITIATIVE (EXCELLENCE TEAMS PROGRAM & TOURNAMENT TRAINING COHORTS). - AFTERSCHOOL, WEEKEND, AND HOLIDAY BREAK PROGRAMMING. - TENNIS INSTRUCTION (IN-PERSON). - ACADEMIC SUPPORT AND TUTORING (IN-PERSON AND ONLINE); SPECIAL TRIP TO ATA NATIONAL CHAMPIONSHIP IN ORLANDO; USTA NJTL NATIONAL ESSAY CONTEST (SOUTHERN WINNER FOR BEST ESSAY IN LOUISIANA)
TOURNAMENTS AND SPECIAL EVENTS (INCLUDING HOLIDAY CLINICS, SANCTIONED USTA EVENTS, TEAM COMPETITIONS, CAREER DEVELOPMENT, ETC.)
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Schumacher Executive Director | OfficerTrustee | 40 | $53,856 |
Anna Monhartova President | OfficerTrustee | 20 | $30,000 |
Kenny Waguespack Treasurer | OfficerTrustee | 18 | $16,970 |
Kelli Wright Secretary | OfficerTrustee | 1 | $0 |
Jane Cross Vice President | OfficerTrustee | 0.5 | $0 |
Jeffrey Smith Director | Trustee | 0.2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $14,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $206,623 |
| Noncash contributions included in lines 1a–1f | $91,500 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $220,623 |
| Total Program Service Revenue | $30,200 |
| Investment income | $578 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $251,401 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $100,826 |
| Compensation of current officers, directors, key employees. | $15,000 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $22,650 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $3,600 |
| Payroll taxes | $5,795 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $837 |
| Information technology | $1,331 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $2,690 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $3,898 |
| All other expenses | $0 |
| Total functional expenses | $237,391 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $254,096 |
| Savings and temporary cash investments | $255,792 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $4,600 |
| Total assets | $514,488 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $427,488 |
| Net assets with donor restrictions | $87,000 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $514,488 |
Grants Recieved
Over the last fiscal year, we have identified 5 grants that As & Aces has recieved totaling $74,073.
| Awarding Organization | Amount |
|---|---|
Usta Foundation Incorporated White Plains, NY | | $36,500 |
Laureus Sport For Good Foundation Of America New York, NY PURPOSE: GENERAL SUPPORT | $20,000 |
Peyback Foundation Inc Independence, OH PURPOSE: GENERAL | $10,000 |
Fore Kids Foundation Inc Avondale, LA PURPOSE: GENERAL ASSISTANCE | $7,500 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $73 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Firstline Schools Inc New Orleans, LA | $25,158,781 | $60,437,770 |
Education Service Center Region Xii Of Texas Waco, TX | $21,686,581 | $37,093,935 |
New Meridian Corporation Austin, TX | $22,335,966 | $20,374,244 |
Belle Chasse Academy Inc Belle Chasse, LA | $29,416,847 | $17,545,847 |
Village Tech Schools Duncanville, TX | $32,290,922 | $14,785,373 |
Bexar County Performing Arts Center Foundation San Antonio, TX | $183,646,136 | $8,087,390 |
Leading Educators Inc New Orleans, LA | $10,160,201 | $9,461,961 |
Hispanic Association Of Colleges And Universities San Antonio, TX | $14,909,180 | $14,551,149 |
Passages America Israel Inc Allen, TX | $8,997,691 | $7,060,714 |
Extend-A-Care Inc Austin, TX | $4,350,683 | $9,102,758 |
Educate Girls Austin, TX | $42,960,470 | $14,126,525 |
North Mississippi Education Consortion University, MS | $2,578,004 | $9,299,460 |