Ace Development Fund Inc
- Assets
- $93.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Tumwater, WA
- Founding
- 06/2010
- Data as of
- 12/2021
- EIN
- 27-1923757
Organization Overview
Ace Development Fund Inc is located in Tumwater, WA. The organization was established in 2010. According to its NTEE Classification (Q33) the organization is classified as: International Relief, under the broad grouping of International, Foreign Affairs & National Security and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ace Development Fund 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 12/2021, Ace Development Fund Inc generated $163.3k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 15.4% each year . All expenses for the organization totaled $117.8k during the year ending 12/2021. While expenses have increased by 11.6% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dan Wiebe Board Member | 0 | $0 | |
Elizabeth Cochrane President And CEO | 3 | $0 | |
David Boyd Board Member | 0 | $0 | |
J Daniel Wiebe Board Member | 0 | $0 | |
Prasad Board Member | 2 | $0 | |
Mike Davies Board Member | 0 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Pv Accounts And Services | 12/30/21 | $2,640 |
| 12/30/21 | $4,109 | |
| 12/30/21 | $5,691 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $163,296 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $2 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $163,298 |
| 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 | $12,440 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $0 |
| Total expenses | $117,784 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $93,519 |
| Other assets | $0 |
| Total assets | $93,519 |
| Total liabilities | $0 |
| Net assets or fund balances | $93,519 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Ace Development Fund Inc has recieved totaling $50,012.
| Awarding Organization | Amount |
|---|---|
Servant Foundation Overland Park, KS PURPOSE: COMMUNITY DEVELOPMENT | $50,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $12 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Luke Commission Inc Sagle, ID | $15,926,571 | $20,745,366 |
Making A Difference Foundation Seattle, WA | $5,648,581 | $9,801,406 |
Washington State University Global Health Pullman, WA | $474,066 | $7,124,881 |
Worldreader Org Seattle, WA | $11,912,107 | $9,017,027 |
All Gods Children International Vancouver, WA | $4,347,832 | $7,534,520 |
International Childrens Care Inc Vancouver, WA | $2,390,869 | $3,895,114 |
Days For Girls International Mount Vernon, WA | $1,621,886 | $3,676,158 |
Childcare Worldwide Lynden, WA | $2,694,359 | $2,926,893 |
India Partners Eugene, OR | $2,001,509 | $3,503,989 |
Glenorchy Marketplace Foundation Bellevue, WA | $35,571,268 | $3,025,099 |
African Entrepreneurship Collective Clinton, WA | $11,434,782 | $6,049,617 |
Alliance For Children Everywhere Seattle, WA | $495,240 | $1,071,349 |