Adult Community Education
- Assets
- $43.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Louisa, VA
- Founding
- 01/2005
- Data as of
- 06/2022
- EIN
- 54-1670786
Organization Overview
Adult Community Education is located in Louisa, VA. The organization was established in 2005. According to its NTEE Classification (B60) the organization is classified as: Adult Education, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Adult Community Education 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 06/2022, Adult Community Education generated $40.8k 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 (4.1%) each year. All expenses for the organization totaled $44.3k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (1.5%) per year over the past 7 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
ACE HAS PRIDED ITSELF ON TEACHING ILLITERATE ADULTS TO READ. IN THE JULY 1 2021-JUNE 30, 2022 FISCAL YEAR ACE MENTORED 40 ADULT STUDENTS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sharon Mcdonald Executive Director | 25 | $20,000 | |
Sue Frankel-Streit Key Employee | 20 | $10,528 | |
Terri S Cole President | 20 | $0 | |
Jeffrey Bruce Treasurer | 5 | $0 | |
JD Edwards Secretary | 10 | $0 | |
Susan Fletcher Director | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $40,836 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $40,836 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $30,528 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $9,759 |
| Printing, publications, postage, and shipping | $388 |
| Other expenses | $3,605 |
| Total expenses | $44,280 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $43,133 |
| Other assets | $0 |
| Total assets | $43,133 |
| Total liabilities | $0 |
| Net assets or fund balances | $43,133 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Adult Community Education has recieved totaling $6,583.
| Awarding Organization | Amount |
|---|---|
Charlottesville Area Community Foundation Charlottesville, VA PURPOSE: 2021 LOUISA CO COMM FUND GRANT | $6,000 |
Elm Foundation Inc Orange, VA PURPOSE: SUPPORT CHARITY. | $500 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $83 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Council For A Strong America Washington, DC | $10,213,790 | $6,648,495 |
American Board For Certification In Orthotics & Prosthetics Inc Alexandria, VA | $27,674,862 | $8,130,856 |
International Womens Forum Washington, DC | $15,476,406 | $6,642,996 |
Mid-South Carpenters Regional Council Training Trust Fund Chattanooga, TN | $11,869,784 | $4,623,435 |
The Virginia Center For Policing Innovation Richmond, VA | $3,512,046 | $2,842,385 |
Montgomery Coalition For Adultenglish Literacy Inc Rockville, MD | $499,251 | $2,155,762 |
Washington Literacy Center Washington, DC | $364,102 | $2,001,216 |
Society Of Cardiovascular Computed Tomography Arlington, VA | $2,676,474 | $2,337,987 |
The Gault Center Washington, DC | $1,808,351 | $1,278,262 |
Phs Commissioned Officers Fdn For The Advancement Of Public Health Hyattsville, MD | $6,068,550 | $932,592 |
Community-Campus Partnerships For Health Raleigh, NC | $679,210 | $1,816,755 |
Innerwill Manakinsabot, VA | $1,116,255 | $1,580,994 |