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CHARITY REVIEW
Issued: January 2025 Expires: January 2027

ACE Project

Accredited Charity
Accredited Charity

Meets Standards
Accreditation seal
(502) 778-2565
2336 Standard Ave.
Louisville, KY, 40210
https://aceprojectky.org/
📄 Full Report 🖨️ Print 📋 BBB Charity Standards

Standards For Charity Accountability

Governance

  1. Board Oversight
  2. Board Size
  3. Board Meetings
  4. Board Compensation
  5. Conflict of Interest

Measuring Effectiveness

  1. Effectiveness Policy
  2. Effectiveness Report

Finances

  1. Program Expenses
  2. Fundraising Expenses
  3. Accumulating Funds
  4. Audit Report
  5. Detailed Expense Breakdown
  6. Accurate Expense Reporting
  7. Budget Plan

Fundraising & Info

  1. Truthful Materials
  2. Annual Report
  3. Website Disclosures
  4. Donor Privacy
  5. Cause Marketing Disclosures
  6. Complaints

ACE Project meets the 20 Standards for Charity Accountability.

Stated Purpose:
ACE Project provides youth and families with resources and experiences that will allow them to discover their talent and potential to assist them in being productive citizens in their communities. Its vision is to transform the lives of underserved children and families impacted by violence and trauma through compassion, resources, and unique opportunities.

Year, State Incorporated:
2019, KY

The ACE Project equips young leaders with the value and vision to pursue their dreams and unleash their potential. The goal is to ignite economic principles built for leadership and prosperity while cultivating life skills. It inspires students to overcome and seize opportunities for good. ACE prepares leaders for success in the workplace, life, and the community. It combines vocation, financial literacy, business development, and investment to educate and improve the social-economic status of youth and families. ACE Project encourages young leaders to acknowledge their own gifts and talents by acknowledging their self. Their self-love, self- esteem, self-respect, self-control, and self-worth. The organization fosters social skills, teamwork, critical thinking, and positive peer support. ACE Project is committed to providing quality learning experiences for marginalized youth that will allow them access to resources that will allow their future success, growthm and development. The Ace Healing Project is an initiative to assist in healing for families affected by gun violence for the purpose of intentional healing. It provides mental health services, access to grief coaches, and annual healing retreat, peer support groups, and more.

For the year ended December 31, 2023, ACE Project's program expenses were:

Program services $178,971
Total Program Expenses $178,971

Chief Executive
Rose Smith, Executive Director

Chair of the Board
Ms. Shay McAlister

Chair's Profession / Business Affiliation
WHAS 11

Board Size
6

Paid Staff Size
3

Method(s) Used:
Direct mail appeals, Telephone appeals, Television, Grant proposals, Internet, Planned giving arrangements, Appeals via Social Media (Facebook, etc.)

In addition, The ACE Project is a Metro United Way member agency.% of Related Contributions on Fundraising: 4.67%

This organization is tax-exempt under section 501(c)(3) of the Internal Revenue Code. It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.

The following information is based on ACE Project's IRS Form 990-EZ for the year ended December 31, 2023.

Source of Funds
Contributions, gifts, grants $189,882
Total Income $189,882

Programs: 89% Fundraising: 4% Administrative: 6%

Total Income $189,882
Total expenses: $200,795
  Program expenses $178,971
  Fundraising expenses $8,867
  Administrative expenses $12,957
  Other expenses $0
Income in Excess of Expenses $-10,913
Beginning Net Assets $146,674
Other Changes In Net Assets $0
Ending Net Assets $135,761
Total Liabilities $0
Total Assets $135,761
 The above financial information is from both ACE Project's 2023 990-EZ and its internally produced financial documents.

An organization may change its practices at any time without notice. A copy of this report has been shared with the organization prior to publication. It is not intended to recommend or deprecate, and is furnished solely to assist you in exercising your own judgment. If the report is about a charity and states the charity meets or does not meet the Standards for Charity Accountability, it reflects the results of an evaluation of information and materials provided voluntarily by the charity. The name Better Business Bureau is a registered service mark of the International Association of Better Business Bureaus.

This report is not to be used for fundraising or promotional purposes.

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Report completed by:
BBB serving Greater Kentucky and South Central Indiana