Alliance for Choice in Education
Also known as Ace Scholarships
Alliance for Choice in Education reported $75.4 million in revenue and $70.4 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $88.05 went to program services, $3.42 to management and general costs and $8.53 to fundraising. Its largest source of revenue was contributions and grants: 93.0% of the total. The highest compensation it reported for one person was $596,201 (CEO). 24 people received more than $100,000 in reportable compensation. Revenue rose 144% between 2019 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 $70MFor 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 $75M- Contributions & grants (non-government)$92.35 $70M
- Program service revenue$3.45 $2.6M
- Investment income$4.20 $3.2M
Other revenue was negative: −$493K. The bar shows the positive sources only.
The 990 scorecard · same measures for every charity, no grades
| Measure | FY2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 88.1% | 84.4% |
| Management & general Part IX 25(C) ÷ 25(A) | 3.4% | 13.4% |
| Fundraising Part IX 25(D) ÷ 25(A) | 8.5% | 0.8% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.09 | $0.04 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 93.0% | 19.1% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 0.0% | 1.1% |
| Program service revenue share Part VIII 2g ÷ 12 | 3.5% | 69.9% |
| Highest reported compensation Part VII-A, columns D–F | $596,201 | $331,578 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 0.85% | 1.28% |
| People paid over $100,000 Part VII, line 2 | 24 | 8 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 15.6 | 13.3 |
| Independent voting board members Part VI 1a–1b | 11 of 11 | 100.0% |
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 expenseAce administers two scholarship programs: a privately funded program in arkansas, colorado, delaware, hawaii, kansas, mississippi, missouri, montana, new mexico, texas, utah, and wyoming, and a tax credit scholarship program in louisiana and arkansas, montana, and kansas (sgo).(continued on schedule o.) ace's private program awards scholarships to children from low-income families wanting private schooling from kindergarten to high school. Low-income is defined in accordance with the federal poverty guidelines. Policies and procedures administering the private scholarship program are reviewed…
Ace is a program manager for education savings accounts (esas). In addition to ace's core scholarship program, ace was also a program manager for education savings accounts (esas). Esas are funded by state governments so that families can pay tuition for private schools, homeschooling supplies, curriculum materials, or educational therapy services. In november of 2023, ace contracted with the utah state board of education to program manage their state funded utah fits all (ufa) esa program, with 10,000 esas worth $80 million funded in july of 2024. Ace terminated the contract with the utah…
Highest reported compensation
FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| CEO Officer, 50.00 hrs/week | $558,871 | $0 | $37,330 | $596,201 |
| PRESIDENT Officer, 45.00 hrs/week | $467,548 | $0 | $37,491 | $505,039 |
| CHIEF FINANCIAL OFFICER Officer, 40.00 hrs/week | $317,548 | $0 | $40,346 | $357,894 |
| PRESIDENT. TEXAS Highest compensated employee, 45.00 hrs/week | $327,453 | $0 | $28,205 | $355,658 |
| CHIEF DEVELOPMENT OFFICER Highest compensated employee, 45.00 hrs/week | $304,379 | $0 | $35,686 | $340,065 |
| PRESIDENT, LOUISIANA Highest compensated employee, 45.00 hrs/week | $223,859 | $0 | $14,200 | $238,059 |
| VP OF DEVELOPMENT, CO Highest compensated employee, 45.00 hrs/week | $200,049 | $0 | $20,536 | $220,585 |
| CHIEF TECHNOLOGY OFFICER Highest compensated employee, 45.00 hrs/week | $191,226 | $0 | $10,393 | $201,619 |
24 people received more than $100,000 in reportable compensation from Alliance for Choice in Education (Part VII, line 2). Compensation of current officers, directors and key employees totaled $1.6M (Part IX, line 5).
6 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance 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–1b11 · 11 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 4Yes
- 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 596
- Volunteers Part I, line 660
Largest outside contractors
FY2025 · Form 990, Part VII, Section B · businesses onlyIndividuals listed as contractors are left out. 5 contractors were paid more than $100,000 in all.
Private foundation grants it received
38 private foundations reported grants to Alliance for Choice in Education totaling $1.3M 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 Alliance for Choice in Education's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Alliance for Choice in Education, you can publish a response that is linked from this page.
Share or embed this breakdown
Of every $100 Alliance for Choice in Education spent in FY2025, $88.05 went to programs. The full breakdown, from its IRS Form 990:
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Similar-sized charities in this cause
- Basis Texas Charter SchoolsSan Antonio, TX · revenue $75M · programs 80.8% · FY2025
- Americans for Ben-Gurion UniversityNew York, NY · revenue $75M · programs 85.8% · FY2025
- Rivier UniversityNashua, NH · revenue $75M · programs 86.5% · FY2025
- Lifelong Learning Administration CorporationLancaster, CA · revenue $75M · programs 84.3% · FY2025
- Sponsors for Educational OpportunityNew York, NY · revenue $75M · programs 82.9% · FY2025
Questions people ask
How much of Alliance for Choice in Education's spending goes to programs?
In the fiscal year ending June 30, 2025, Alliance for Choice in Education reported that 88.1% of its $70.4 million in expenses went to program services, 3.4% to management and general and 8.5% to fundraising (Form 990, Part IX).
How much does Alliance for Choice in Education pay its top executive?
The largest total compensation Alliance for Choice in Education reported for one person in the fiscal year ending June 30, 2025 was $596,201, for the role of CEO (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Alliance for Choice in Education get its money?
Of $75.4 million in revenue in the fiscal year ending June 30, 2025, 93.0% came from contributions and grants and 3.5% from program service revenue (Form 990, Part VIII).
Is Alliance for Choice in Education a registered charity?
The IRS lists EIN 84-1531066 as a 501(c)(3) organization (publicly supported organization (170(b)(1)(a)(vi))), 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 202621349349313327 · read the filing
- FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202500749349300615 · read the filing
- FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202411359349302256 · read the filing
- 2021: Form 990 for calendar year 2021, object 202242369349301559 · read the filing
- 2020: Form 990 for calendar year 2020, object 202102889349301425 · read the filing
- 2019: Form 990 for calendar year 2019, object 202043219349320579 · read the filing
All filings for EIN 84-1531066: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.