Ace Project Inc
- Assets
- $146.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Louisville, KY
- Founding
- 03/2019
- Data as of
- 12/2022
- EIN
- 83-3117851
Organization Overview
Ace Project Inc is located in Louisville, KY. The organization was established in 2019. According to its NTEE Classification (O50) the organization is classified as: Youth Development Programs, under the broad grouping of Youth Development and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ace Project 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 Project Inc generated $175.2k in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 57.0% each year . All expenses for the organization totaled $90.6k during the year ending 12/2022. While expenses have increased by 40.9% per year over the past 2 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 |
|---|---|---|---|
James Abrams Treasurer | 0 | $0 | |
Shay Mcalister Board Chair | 0 | $0 | |
Rosetta Smith Executive Director | 0 | $0 | |
Sara Colyer Board Member | 0 | $0 | |
Kristal Smith Board Member | 0 | $0 | |
Marita Crane Secretary | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $175,167 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $1 |
| Total Revenue | $175,168 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $24,457 |
| Professional fees and other payments to independent contractors | $70 |
| Occupancy, rent, utilities, and maintenance | $9,608 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $56,286 |
| Total expenses | $90,571 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $142,119 |
| Other assets | $0 |
| Total assets | $146,674 |
| Total liabilities | $0 |
| Net assets or fund balances | $146,674 |