Alignment Collaborative For Education Inc
- Assets
- $300.0k
- Revenue
- $413.8k
- Investments
- $0.0
- Employees
- 3
- Location
- Elgin, IL
- Founding
- 03/2016
- Data as of
- 06/2023
- EIN
- 47-4377813
Organization Overview
Alignment Collaborative For Education Inc is located in Elgin, IL. The organization was established in 2016. According to its NTEE Classification (B90) the organization is classified as: Educational Services, under the broad grouping of Education and related organizations. As of 06/2023, Alignment Collaborative For Education Inc employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Alignment Collaborative For Education 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 06/2023, Alignment Collaborative For Education Inc generated $413.8k in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (0.6%) each year. All expenses for the organization totaled $367.7k during the year ending 06/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
ACE'S MISSION IS TO ALIGN COMMUNITY RESOURCES IN SUPPORT OF PUBLIC SCHOOL STRATEGIES TO RAISE STUDENT ACHIEVEMENT, IMPROVE THE HEALTH AND HAPPINESS OF OUR CHILDREN, CREATE RESPONSIBLE, PRODUCTIVE AND CONTRIBUTING MEMBERS OF OUR SOCIETY, AND ADVANCE THE ECONOMIC AND SOCIAL WELL-BEING OF OUR COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ACE EMPLOYS A MULTIFACETED APPROACH WHICH IS NECESSARY TO ENSURING GENERATIONAL CHANGE THAT FOCUSES ON THOSE WHO NEED THE MOST SUPPORT. THIS IS IMPLEMENTED VIA TEAMS INCLUDING: "CHILDREN PREPARED TO LEARN & SUCCEED" (ASSURING THAT EVERY STUDENT IS PREPARED WITH THE SKILLS NEEDED TO ENTER KINDERGARTEN AND INSTILLED WITH A LOVE OF LEARNING THROUGHOUT THEIR LIFE. BY BEGINNING ON A SOLID FOUNDATION, OUR STUDENTS WILL BE PREPARED TO REACH IMPORTANT BENCHMARKS THROUGHOUT THEIR EDUCATIONAL CAREER.); "SKILLED WORKFORCE (DEVELOPING A HIGH-QUALITY WORKFORCE, FROM WITHIN ITS OWN STUDENT POPULATION, FOR THE BEST JOBS OF THE FUTURE. WE WILL INCREASE THE INTELLECTUAL CAPITAL AND WORKFORCE CAPACITY OF THE REGION BY ALIGNING THE COMMUNITY'S EDUCATION, WORKFORCE, AND ECONOMIC DEVELOPMENT EFFORTS.), AND "STRONG FAMILIES & HEALTHY COMMUNITIES" (RECOGNIZING THE EQUAL ROLE OF FAMILY INVOLVEMENT AND COMMUNITY SUPPORT IN STUDENT ACHIEVEMENT. GOOD PHYSICAL, EMOTIONAL AND SOCIAL HEALTH OF OUR FAMILIES, NEIGHBORHOODS AND COMMUNITIES TO CREATE AN ENVIRONMENT WHERE ALL CHILDREN CAN LEARN.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bill Wright President An | OfficerTrustee | 2 | $0 |
Jeni Lyon Vice-Chair | OfficerTrustee | 2 | $0 |
Corey Dixon Secretary | OfficerTrustee | 2 | $0 |
Peter Sikorski Treasurer | OfficerTrustee | 2 | $0 |
Sara Sabo Operating Bd | Trustee | 2 | $0 |
Pam Cumpata Resource Dev | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $408,295 |
| Noncash contributions included in lines 1a–1f | $8,359 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $408,295 |
| Total Program Service Revenue | $0 |
| Investment income | $83 |
| 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 | $413,841 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $93,000 |
| Compensation of current officers, directors, key employees. | $32,550 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $116,519 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $17,372 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $6,780 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $6,246 |
| Office expenses | $5,845 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $8,359 |
| Travel | $221 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $732 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $231 |
| Insurance | $2,231 |
| All other expenses | $23,359 |
| Total functional expenses | $367,658 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $147,112 |
| Savings and temporary cash investments | $115,296 |
| Pledges and grants receivable | $37,000 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $592 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $300,000 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $5,104 |
| Total liabilities | $5,104 |
| Net assets without donor restrictions | $262,462 |
| Net assets with donor restrictions | $32,434 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $300,000 |