Form 990 for tax year 2024
Filed by ALLIANCE FOR COMPASSION AND EDUCATIONAL DEVELOPMENT - ACED.
Totals
- Total revenue
- $1,090,903
- Total expenses
- $657,531
- Contributions and grants received
- $1,422,548
- Grants paid
- $110,684
- Program service revenue
- $0
- Investment income
- $364
- Other revenue
- -$332,009
- Total assets, end of year
- $861,024
- Total liabilities, end of year
- $51,419
- Net assets or fund balances, end of year
- $809,605
- Program services expenses (Part IX)
- $507,469
- Management and general expenses
- $127,633
- Fundraising expenses
- $22,429
- Program service expenses (Part III)
- $507,469
Program services were 77.2% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1c · Fundraising events
$799,670
-
1f · All other contributions, gifts and grants
$622,878
-
3 · Investment income
total $364 · excluded $364
-
8a · Fundraising events: gross income
$433,325
-
8a · Fundraising events: contributions included on line 1c
$799,670
-
8b · Fundraising events: direct expenses
$765,334
-
8c · Net income from fundraising events
total -$332,009 · excluded -$332,009
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $71,600 · program services $71,600
-
2 · Grants to domestic individuals
total $39,084 · program services $39,084
-
5 · Compensation of officers, directors and key employees
total $138,752 · program services $89,489 · management and general $44,043 · fundraising $5,220
-
7 · Other salaries and wages
total $167,786 · program services $109,063 · management and general $52,643 · fundraising $6,080
-
9 · Other employee benefits
total $14,753 · program services $8,710 · management and general $5,267 · fundraising $776
-
10 · Payroll taxes
total $23,855 · program services $15,665 · management and general $7,317 · fundraising $873
-
11c · Fees: accounting
total $4,900 · program services $3,165 · management and general $1,551 · fundraising $184
-
11g · Fees: other
total $4,331 · program services $3,520 · management and general $716 · fundraising $95
-
13 · Office expenses
total $3,604 · program services $2,328 · management and general $1,141 · fundraising $135
-
14 · Information technology
total $18,734 · program services $8,860 · management and general $4,343 · fundraising $5,531
-
22 · Depreciation, depletion and amortization
total $1,756 · program services $1,134 · management and general $556 · fundraising $66
-
23 · Insurance
total $10,820 · program services $6,978 · management and general $3,436 · fundraising $406
-
24a · Other expenses: OTHER PROGRAM EXPENSES
total $89,294 · program services $89,294
-
24b · Other expenses: PROGRAM MEALS
total $25,684 · program services $22,861 · management and general $2,823
-
24c · Other expenses: SUPPLIES
total $18,124 · program services $17,933 · management and general $171 · fundraising $20
-
24d · Other expenses: TUTORING
total $13,483 · program services $13,483
-
24e · All other expenses
total $10,971 · program services $4,302 · management and general $3,626 · fundraising $3,043
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $339,848 · end of year $712,867
-
3 · Pledges and grants receivable
end of year $100,000
-
10a · Land, buildings and equipment: cost or other basis
$29,188
-
10b · Land, buildings and equipment: accumulated depreciation
$13,080
-
10c · Land, buildings and equipment, net
beginning of year $17,865 · end of year $16,108
-
12 · Investments: other securities
end of year $32,049
-
17 · Accounts payable and accrued expenses
beginning of year $12,510 · end of year $26,419
-
19 · Deferred revenue
end of year $25,000
-
27 · Net assets without donor restrictions
beginning of year $345,203 · end of year $709,605
-
28 · Net assets with donor restrictions
end of year $100,000
Mission and programs · 2024
Mission
THE MISSION OF ACED IS TO ADVOCATE POSITIVE SOCIAL CHANGE FOR UNDERSERVED PEOPLE.
-
EASE IS A PROGRAM THAT PROVIDES PRIVATE SCHOOL TUITION AND SUPPLIES TO AT-RISK YOUTH WITH ACADEMIC POTENTIAL. THERE WERE 50 STUDENTS ENROLLED IN 2024, IN 3 SCHOOL LOCATIONS. ACCOMPLISHED OUR FIRST TWO FUNDRAISERS, GALWAY LIVE AND SACRAMENTO POKER NIGHT.
Expenses $507,469 · Grants $110,684
As filed on the 2024 return.
Listed in Part VII
-
SHELLEY DAWSON
MANAGING DIRECTOR
- Total calculated
- $0
- Hours/week
- 15
-
PETE GARVEY
PRESIDENT
- Total calculated
- $0
- Hours/week
- 2
-
WILL WILSON
SECRETARY
- Total calculated
- $0
- Hours/week
- 2
-
KATHRYN SMITH
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
DEREK THOMAS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
JOHN HAHN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
SHERENE GRUVER
EXECUTIVE DIRECTOR
- Total calculated
- $138,752
- From this org
- $126,992
- From related orgs
- $0
- Other
- $11,760
- Hours/week
- 40
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
-
$66,600
TUITION SUPPORT
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 14 November 2025
- IRS schema version
- 2024v5.2
- Source object
- 202543189349316119
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