Is it real?
Yes. Exemption reinstated (2015-12-15). Per the IRS revocation list. Latest filing on record: FY2025. IRS ruling in Apr 2017.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Where the money goes
67 cents of each dollar spent went to programs.
Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.
Something off? Claim to add context
Who runs it and what they're paid
8 people listed on the 990; $255K paid to officers and key staff.
Laila Minott’s $147K as Executive Director is at the 62nd percentile of top reported officer pay among 3394 $1–10M education nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.
Compensation history total reportable pay by year · 2 named individuals · Part VII
| Name | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|
| Laila Minott | $146,827 | $136,127 | $133,559 | $126,924 | $126,924 | $98,956 |
| Shannon Martin | $107,701 | — | — | — | — | — |
Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.
See A C E Academy executive salaries →Questions the 990 asks
The form asks each of these directly. These are the filed answers.
- Family or business ties among officersPt VI · Ln 2No
- Top official's pay set by an independent reviewPt VI · Ln 15aNo
Programs and updates
Equips students for college and careers through academic excellence, strong mindset, and entrepreneurial spirit.
Questions for A C E Academy
Your first name shows with your question. A C E Academy answers here, for everyone.
A.C.E. Academy is a public, tuition-free k-8 charter school dedicated to preparing students for success in high school and beyond.
Funders
Who pays for it.
From grant filings on record. Receipts are incomplete: individual donors are never listed.
Grants
Federal money
Plus 3 smaller programs.
The auditor reported no findings.
Plus 3 smaller programs.
The auditor reported no findings.
Plus 4 smaller programs.
The auditor reported no findings.
Plus 3 smaller programs.
The auditor reported no findings.
By the numbers
The FY2025 990, line by line.
Download 990
| Line | Start FY25 | End FY25 |
|---|---|---|
| Cash and savingsLn 1–2 | $1.8M | $4.5M |
| Land, buildings, equipmentLn 10c | $5.1M | $5.0M |
| Total assetsLn 16 | $7.1M | $9.6M |
| LiabilitiesLn 26 | $6.5M | $8.7M |
| Net assetsLn 32 | $656K | $935K |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Pay of current officers, directors and key staffLn 5 | $147K | $99K | $48K | |
| Other salaries and wagesLn 7 | $3.2M | $2.1M | $1.0M | |
| Pension plan contributionsLn 8 | $23K | $16K | $8K | |
| Other employee benefitsLn 9 | $327K | $220K | $107K | |
| Payroll taxesLn 10 | $332K | $223K | $109K | |
| Legal feesLn 11b | $348K | $234K | $114K | |
| Accounting feesLn 11c | $126K | $85K | $41K | |
| Other fees for servicesLn 11g | $453K | $304K | $149K | |
| Advertising and promotionLn 12 | $75K | $51K | $25K | |
| Office expensesLn 13 | $142K | $95K | $47K | |
| Information technologyLn 14 | $36K | $24K | $12K | |
| OccupancyLn 16 | $81K | $54K | $26K | |
| TravelLn 17 | $29K | $19K | $9K | |
| Conferences, conventions and meetingsLn 19 | $67K | $45K | $22K | |
| InterestLn 20 | $431K | $290K | $141K | |
| Depreciation, depletion and amortizationLn 22 | $231K | $155K | $76K | |
| InsuranceLn 23 | $56K | $38K | $18K | |
| Other expenses (24a–d)Ln 24 | $803K | $540K | $263K | |
| All other expensesLn 24e | $236K | $159K | $78K | |
| Total functional expensesLn 25 | $7.1M | $4.8M | $2.3M | $0 |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2025 Latest ViewingFiled with the IRS May 11, 2026 | $6.5M | $7.1M | −$584K | $935K | 990 PDF |
| FY2024Filed with the IRS May 7, 2025 | $5.6M | $5.8M | −$124K | $656K | 990 PDF |
| FY2023Filed with the IRS Jul 18, 2024 | $5.6M | $5.6M | $5K | $780K | 990 PDF |
| FY2022Filed with the IRS Apr 6, 2023 | $5.3M | $5.5M | −$199K | $776K | 990 PDF |
| FY2021Filed with the IRS May 16, 2022 | $4.6M | $4.3M | $363K | $975K | 990 PDF |
| FY2020Filed with the IRS May 17, 2021 | $4.2M | $4.0M | $150K | $612K | 990 PDF |
Schedules filed Part IV
See the full FY2025 990 (6 parts)
Part I · Summary $6,546,565 revenue, 12 lines filed
Part VI · Governance 6 of 6 board members independent, 3 to look at
Part VIII · Statement of revenue $6,546,565 across 9 lines filed
Part IX · Statement of functional expenses $7,130,190 across 19 lines filed
Part X · Balance sheet $9,598,951 assets, 15 lines filed
Part XI · Reconciliation of net assets $934,730 net assets at year end
Form 990 e-file (XML) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File
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