Ace Mentor Program Of Greater Nashville Inc is located in Nashville, TN. The organization was established in 2003. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ace Mentor Program Of Greater Nashville 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 04/2023, Ace Mentor Program Of Greater Nashville Inc generated $95.8k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 8.1% each year. All expenses for the organization totaled $159.4k during the year ending 04/2023. While expenses have increased by 12.7% per year over the past 8 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.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
MENTOR HIGH SCHOOL STUDENTS AND POTENTIALLY INCREASE THE NUMBER OF STUDENTS ATTENDING COLLEGE. SCHOLARSHIPS ARE AWARDED TO TOP PERFORMING HIGH SCHOOL STUDENTS TO ATTEND COLLEGE.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Marc Pearson President | 1 | $0 | |
David Meek Vice President | 1 | $0 | |
Janey Camp Secretary | 1 | $0 | |
April Blalock Treasurer | 1 | $0 | |
Dale Crow Board Member | 1 | $0 | |
Tom Gormley Board Member | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $110,705 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $3 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | -$14,926 |
Other Revenue | $0 |
Total Revenue | $95,782 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $2,150 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $5,148 |
Total expenses | $159,398 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $235,198 |
Other assets | $0 |
Total assets | $305,640 |
Total liabilities | $194,150 |
Net assets or fund balances | $111,490 |