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Ace Charter School

San Jose, CA · EIN 26-1570590 · 501(c)(3) · School
Latest filing: Form 990 for the fiscal year ending June 30, 2025 (tax year 2024) · View the filing · Correct or respond

Ace Charter School reported $21.7 million in revenue and $17.6 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $80.49 went to program services, $19.46 to management and general costs and $0.05 to fundraising. Its largest source of revenue was contributions and grants: 95.3% of the total. Government grants made up 90.8%. The highest compensation it reported for one person was $316,140 (CEO). 11 people received more than $100,000 in reportable compensation. Revenue rose 34% between FY2020 and FY2025. Source: Form 990, FY2025.

Where $100 of spending went

The fiscal year ending June 30, 2025 · Form 990, Part IX, line 25 · total expenses $18M

For context, the median across 5,499 covered education charities: $85.56 programs, $13.59 management, $0.85 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

The fiscal year ending June 30, 2025 · Form 990, Part VIII · total revenue $22M

The 990 scorecard · same measures for every charity, no grades

FY2025 filing. Median across 5,499 covered charities in this category, from their latest filings.
MeasureFY2025Median
Program services
Part IX 25(B) ÷ 25(A)
80.5%84.4%
Management & general
Part IX 25(C) ÷ 25(A)
19.5%13.4%
Fundraising
Part IX 25(D) ÷ 25(A)
0.1%0.8%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.00$0.04
Contributions & grants share of revenue
Part VIII 1h ÷ 12
95.3%19.1%
Government grants share of revenue
Part VIII 1e ÷ 12
90.8%1.1%
Program service revenue share
Part VIII 2g ÷ 12
0.0%69.9%
Highest reported compensation
Part VII-A, columns D–F
$316,140$331,578
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
1.79%1.28%
People paid over $100,000
Part VII, line 2
118
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
6.913.3
Independent voting board members
Part VI 1a–1b
8 of 8100.0%

A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.

What the money paid for, in its own words

FY2025 · Form 990, Part III · the three largest programs by expense
$14M expenses · 100.0% of program spending

Provided educational opportunities to the surrounding community. The school served approximately 912 students in the 2024-2025 fiscal year

Highest reported compensation

FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
CEO
Officer, 40.00 hrs/week
$269,028$0$47,112$316,140
SENIOR DIRECTOR
Key employee, 40.00 hrs/week
$191,490$0$73,940$265,430
SENIOR DIRECTOR
Key employee, 40.00 hrs/week
$203,116$0$38,143$241,259
PRINCIPAL
Highest compensated employee, 40.00 hrs/week
$139,010$0$37,284$176,294
PRINCIPAL
Highest compensated employee, 40.00 hrs/week
$126,719$0$39,831$166,550
IT MANAGER
Highest compensated employee, 40.00 hrs/week
$136,693$0$27,494$164,187
DIR. OF COLLEGE COMPLETION
Highest compensated employee, 40.00 hrs/week
$132,658$0$17,115$149,773
ASSISTANT PRINCIPAL/ DEAN OF STUDENTS
Highest compensated employee, 40.00 hrs/week
$129,172$0$7,936$137,108

11 people received more than $100,000 in reportable compensation from Ace Charter School (Part VII, line 2). Compensation of current officers, directors and key employees totaled $951K (Part IX, line 5).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$10M$20M$30M$40MFY2020FY2021FY2022FY2023FY2024FY2025$22M$18M
FilingRevenueExpensesProgramsNet assetsTop pay
FY2025 ⓘ$22M$18M80.5%$10M$316,140
FY2024 ⓘ$20M$19M82.0%$6.1M$274,303
FY2023 ⓘ$21M$21M81.0%$5.0M$234,601
FY2022 ⓘ$22M$21M79.2%$4.9M$206,581
FY2021 ⓘ$20M$18M79.5%$3.9M$232,225
FY2020 ⓘ$16M$16M81.7%$1.6M$227,581

Governance answers, as filed

FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means
  • Voting board members, and how many are independent Part VI, lines 1a–1b8 · 8 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13Yes
  • Document retention policy Part VI 14Yes
  • Independent process for top executive pay Part VI 15aYes
  • Board given the 990 before filing Part VI 11aYes
  • Family or business ties among insiders Part VI 2No
  • Aware of a significant diversion of assets Part VI 5No
  • Excess benefit transaction with an insider Part IV 25aNo
  • Loans to or from insiders outstanding Part IV 26No
  • Lobbying, or a 501(h) election in effect Part IV 4No
  • Over $15,000 of professional fundraising services Part IV 18No
  • Over $10,000 of activity outside the U.S. Part IV 14bNo
  • Employees Part I, line 5175
  • Volunteers Part I, line 615

Largest outside contractors

FY2025 · Form 990, Part VII, Section B · businesses only
CHARTER IMPACT
Business management
$413,223
YMCA OF SILICON VALLEY
After school svcs
$368,718
THE STEPPING STONES GROUP LLC
Special ed svcs
$112,884

Individuals listed as contractors are left out. 4 contractors were paid more than $100,000 in all.

Private foundation grants it received

11 private foundations reported grants to Ace Charter School totaling $701K on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.

Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.

Correct a figure or respond

Every number above is copied from Ace Charter School's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Ace Charter School, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All education charities · Largest charities in California

Questions people ask

How much of Ace Charter School's spending goes to programs?

In the fiscal year ending June 30, 2025, Ace Charter School reported that 80.5% of its $17.6 million in expenses went to program services, 19.5% to management and general and 0.1% to fundraising (Form 990, Part IX).

How much does Ace Charter School pay its top executive?

The largest total compensation Ace Charter School reported for one person in the fiscal year ending June 30, 2025 was $316,140, for the role of CEO (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Ace Charter School get its money?

Of $21.7 million in revenue in the fiscal year ending June 30, 2025, 95.3% came from contributions and grants (including 90.8% from government grants) and 0.0% from program service revenue (Form 990, Part VIII).

Is Ace Charter School a registered charity?

The IRS lists EIN 26-1570590 as a 501(c)(3) organization (school), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • FY2025: Form 990 for the fiscal year ending June 30, 2025, object 202630339349301468 · read the filing · XML
  • FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202531349349312558 · read the filing
  • FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202420949349300632 · read the filing
  • FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202311329349301366 · read the filing
  • FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202221199349301987 · read the filing
  • FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202101379349301540 · read the filing

All filings for EIN 26-1570590: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.