Acero Charter Schools Inc

Organization Overview

Acero Charter Schools Inc is located in Chicago, IL. The organization was established in 2001. According to its NTEE Classification (B29) the organization is classified as: Charter Schools, under the broad grouping of Education and related organizations. As of 06/2021, Acero Charter Schools Inc employed 816 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Acero Charter Schools Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 06/2021, Acero Charter Schools Inc generated $113.2m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.6% each year. All expenses for the organization totaled $108.4m during the year ending 06/2021. While expenses have increased by 2.4% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

ORGANIZATION PROVIDES EDUCATIONAL AND COMMUNITY OPPORTUNITIES FOR YOUTHS IN K-12.

Describe the Organization's Program Activity:

Part 3 - Line 4a

STUDENT FEE - EDUCATIONAL INSTITUTION FOR STUDENTS IN KINDERGARTEN THROUGH HIGH SCHOOL SERVING 7,200 STUDENTS THROUGH 13 ELEMENTARY AND 3 HIGH SCHOOLS, RESPECTIVELY.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Organiclife Llc
Food Catering Services For Student
$12,029,730
Healthpro Heritage
Special Education Clinician Services
$2,794,978
Cdw Government Inc
Technology Hardware & Softwares
$1,291,102
General Mechanical Services
General And Mecahnical Contractor
$1,060,632
Edu Healthcare Llc
Special Education Clinician Services
$2,246,233
View All Vendors

Financial Statements

Statement of Revenue
Total Revenue from Contributions, Gifts, Grants & Similar$113,540,775
Investment income $83,441
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales -$436,164
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $113,233,241

Grants Recieved

Over the last fiscal year, we have identified 5 grants that Acero Charter Schools Inc has recieved totaling $34,901.

Awarding OrganizationAmount
Genyouth Inc

Rosemont, IL

PURPOSE: End Student Hunger

$10,000
National Parents Union Inc

Malden, MA

PURPOSE: CHARITABLE CONTRIBUTIONS

$8,340
National Parents Union Inc

Malden, MA

PURPOSE: CHARITABLE CONTRIBUTIONS

$8,340
Chicago Public Education Fund

Chicago, IL

PURPOSE: Program participation stipends

$7,000
Amazonsmile Foundation

Seattle, WA

PURPOSE: GENERAL SUPPORT

$1,221
View Grant Recipient Profile

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