Ace Foundation
- Assets
- $25.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Bellevue, WA
- Founding
- 11/2019
- Data as of
- 12/2022
- EIN
- 36-4947328
Organization Overview
Ace Foundation is located in Bellevue, WA. The organization was established in 2019. According to its NTEE Classification (R05) the organization is classified as: Research Institutes & Public Policy Analysis, under the broad grouping of Civil Rights, Social Action & Advocacy and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ace Foundation 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 Foundation generated $20.8k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 13.9% each year . All expenses for the organization totaled $21.3k during the year ending 12/2022. 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
EDUCATIONAL OUTREACH TO INFORM COMMUNITY ON DIVERSITY ISSUES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kan Qiu Governor | 5 | $0 | |
Jie Xie Director | 0 | $0 | |
Zhiming Yu Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $20,737 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $38 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $20,775 |
| 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 | $1,800 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $19,532 |
| Total expenses | $21,332 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $25,701 |
| Other assets | $0 |
| Total assets | $25,701 |
| Total liabilities | $0 |
| Net assets or fund balances | $25,701 |