Pace Academy Foundation

Organization Overview

Pace Academy Foundation is located in Cypress, CA. The organization was established in 2014. According to its NTEE Classification (O50) the organization is classified as: Youth Development Programs, under the broad grouping of Youth Development and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Pace Academy Foundation 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 12/2021, Pace Academy Foundation generated $1.0m in total revenue. All expenses for the organization totaled $527.2k during the year ending 12/2021. While expenses have increased by 99.0% 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

PACE ACADEMY FOUNDATION PROVIDES OPPORTUNITIES FOR HIGH-QUALITY, CHRISTIAN EDUCATION TO THE MOST DISADVANTAGED, CHRISTIAN STUDENTS. IT ALSO PROVIDES SCHOLARSHIPS TO CHRISTIAN STUDENTS SO THAT THEY MAY CONTINUE TO PURSUE

Describe the Organization's Program Activity:

Part 3 - Line 4a

PACE ACADEMY FOUNDATION PROVIDES OPPORTUNITIES FOR HIGH-QUALITY, CHRISTIAN EDUCATION TO THE MOST DISADVANTAGED, CHRISTIAN STUDENTS. IT ALSO PROVIDES SCHOLARSHIPS TO CHRISTIAN STUDENTS SO THAT THEY MAY CONTINUE TO PURSUE EDUCATION.


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Board, Officers & Key Employees

Name (title)Compensation
Sung Hee Yoo
President
$0
Hyun Ill Kim
CFO
$0
Mi Hee Han
Secretary
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $15,000
All other contributions, gifts, grants, and similar amounts not included above$1,027,912
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$1,042,912
Total Program Service Revenue$0
Investment income $142
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $1,043,054

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Pace Academy Foundation has recieved totaling $7,600.

Awarding OrganizationAmount
Yeshua Servants

Fullerton, CA

PURPOSE: MISSIONS

$7,600
View Grant Recipient Profile

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