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Ace Preparatory Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 473128337 ✦ Indianapolis, IN ✦ Designated as a 501(c)(3)

Overview

What is Ace Preparatory Inc?

Ace Preparatory Inc, based in Indianapolis, Indiana, is a nonprofit organization that focuses on providing quality education to kindergarten to grade 5 students. The institution received a substantial grant of $900,000 from the Indiana Department of Education's Charter School Program to address the learning loss and social emotional needs of its students due to the COVID-19 pandemic. This grant enabled the school to hire additional instructional and support staff. Moreover, Ace Preparatory invested in a data management platform to analyze and monitor student progress on a weekly basis, ensuring academic needs and proficiency measures were met. With a staff of 32 individuals, the school is committed to rigorous academics, positive character development, and excellence in all its endeavors, aiming to foster school success and opportunities for its students.


Official website here: www.aceprepacademy.org

Is Ace Preparatory Inc legitimate?

Ace Preparatory Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ace Preparatory Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $191,367
Professional Fundraising Fees: $0
Other Salaries and Wages: $956,722

For more financial information, click here


Official website here: www.aceprepacademy.org

What is the mission statement of Ace Preparatory Inc?

Ace Preparatory Inc, a charter school, is committed to educating kindergarten to fifth-grade students with a focus on rigorous academics, positive character development, and excellence in all aspects. Their mission is to prepare these students for school success and opportunities in life. To address the challenges brought by the COVID-19 pandemic, they received a $900,000 grant, which enabled them to hire additional instructional and support staff to address individual learning loss and social-emotional needs. Furthermore, Ace Preparatory invested in a data management platform to analyze student work and ensure academic needs and proficiency measures were met through targeted dialogue.


Official website here: www.aceprepacademy.org

Who is the CEO of Ace Preparatory Inc?

Anna Shults is the Founder & Head Of School of Ace Preparatory Inc.


Official website here: www.aceprepacademy.org

What is the revenue of Ace Preparatory Inc?

Ace Preparatory Inc's revenue in 2022 was $2,553,518.


Official website here: www.aceprepacademy.org

Who are the executives of Ace Preparatory Inc and what are their salaries?

The average compensation at Ace Preparatory Inc during 2022 was $35,878. There are 32 employees and 7 volunteers at Ace Preparatory Inc.

Here are 12 key members and their salaries:

    Anna Shults (Founder & Head Of School)
  • Compensation: $88,601
  • Related: $0
  • Other: $0

    • Kerriesha Adams (Founding Dir. Of Operation)
  • Compensation: $68,101
  • Related: $0
  • Other: $0

    • Mitchell Gauger (Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tatiana Day (Vice Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Madolyn Augustus (Secratary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Latoya Ashe' (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Taylor Crenshaw (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Charles Ibrahim (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jordan Oliver (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Nick Leroy (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • John Shertzer (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Alex Maggos (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.aceprepacademy.org

    Where can I find the form 990 for Ace Preparatory Inc?

    The Ace Preparatory Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.aceprepacademy.org

    Learn more at the official website: www.aceprepacademy.org

    Mission Statement of Ace Preparatory Inc

    Ace Preparatory Inc, a charter school, is dedicated to educating students from kindergarten to grade 5, with a focus on rigorous academics, positive character development, and excellence in all aspects of life. The school aims to prepare its students for academic success and opportunities beyond their schooling. To address the challenges posed by the COVID-19 pandemic, Ace Preparatory Inc was awarded a $900,000 grant by the Indiana Department of Education's Charter School Program. This grant enabled the school to hire additional instructional and support staff to cater to the individual learning loss and social emotional needs of its student population. Furthermore, the school invested in a data management platform, enabling it to analyze and norm student work on a weekly basis through targeted dialogues. This ensures that academic needs and proficiency measures are consistently met, thereby tailoring education to each student's needs.

    Impact

    This information is meant to be a general summary of Ace Preparatory Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Saturday, July 20, 2024

    Ace Preparatory Inc's impact can be seen through its dedication to providing rigorous academics and positive character development to students in kindergarten through grade 5. The school's focus on excellence in everything they do is evident in their mission to educate students for school success and lives of opportunity. Through receiving a significant grant from the Indiana Department of Education, Ace Prep was able to address individual learning loss and social-emotional needs exacerbated by the COVID-19 pandemic. By investing in data management platforms and targeted dialogue, the school ensured that academic needs and proficiency measures were met on a weekly basis, showcasing their commitment to student success and well-being. Overall, Ace Preparatory Inc's impact on education is notable, making a difference in the lives of students in Indianapolis.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $85
  • Program Service Revenue: $0
  • Gross Receipts: $2,553,518

    • Assets and Liabilities:
  • Total Assets: $4,058,391
  • Total Liabilities: $3,586,152
  • Net Assets: $472,239
  • Organization Details

    Founding Year

    2015

    Principal Officer

    Anna Shults

    Main Address

    5326 HILLSIDE AVE, INDIANAPOLIS, IN, 46220

    NTEE Category

    Code: B24 - Education

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