Ace Mentor Program of Greater Charlotte Metro-north Carolina
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves
Ace Mentor Program of Greater Charlotte Metro-north Carolina is a 501(c)(3) organization based in Charlotte, North Carolina, registered in 2019, with $55,223 in FY2024 revenue. CharityIndex grades it B.
214 N Tryon St Ste 3700, Charlotte, NC, 28202 EIN 26-0556625 Since 2019
Revenue (FY2024)
$55K
▼ 17.1% vs prior year
Expenses (FY2024)
$53K
Net assets
$134K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
★★★★
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Ace Mentor Program of Greater Charlotte Metro-north Carolina— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
AFinancial health25% of the rating30 mo reserves · +4% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Ace Mentor Program of Greater Charlotte Metro-north Carolina: 30 mo reserves · +4% margin earns a A on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Ace Mentor Program of Greater Charlotte Metro-north Carolina— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Ace Mentor Program of Greater Charlotte Metro-north Carolina: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
- Address
- 214 N Tryon St Ste 3700, Charlotte, NC, 28202
- City
- Charlotte
- State
- North Carolina
- Category
- —
- Subcategory
- —
- Website
- …
Financial trends
Revenue declined from $56K (FY2018) to $55K (FY2024) across 7 reported years.
Financial snapshot
Financial health & position (FY2024)
Operating margin
3.7%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$134K
Net assets
$134K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $55,223▼17.1% | $53,189▲13.2% | $133,916▲1.4% | $133,916▲1.4% | 990EZ |
| 2023 | $66,602▲29.4% | $46,975▼15.6% | $132,045▲19.1% | $132,045▲19.1% | 990EZ |
| 2022 | $51,460▼7.7% | $55,656▲13.9% | $110,891▲1.1% | $110,891▲1.1% | 990EZ |
| 2021 | $55,739▲73.0% | $48,846▲62.4% | $109,714▲6.7% | $109,714▲6.7% | 990EZ |
| 2020 | $32,219▼49.8% | $30,085▼6.8% | $102,821▲2.2% | $102,821▲2.2% | 990EZ |
| 2019 | $64,242▲14.0% | $32,295▼11.4% | $100,568▲46.6% | $100,568▲46.6% | 990EZ |
| 2018 | $56,365 | $36,444 | $68,621 | $68,621 | 990EZ |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Grants received · $85K total
4 grants to Ace Mentor Program of Greater Charlotte Metro-north Carolina totaling $85K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| American Bar Association | General support | 2017 | $10,000 |
| American Bar Association | General support | 2016 | $20,000 |
| The Community Foundation For Greater Atlanta Inc | General support | 2015 | $5,000 |
| American Bar Association | — | 2014 | $50,000 |
Frequently asked questions
- Is Ace Mentor Program of Greater Charlotte Metro-north Carolina a legitimate nonprofit?
- Yes. Ace Mentor Program of Greater Charlotte Metro-north Carolina is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 26-0556625, based in Charlotte, North Carolina. Donations are tax-deductible.
- What is Ace Mentor Program of Greater Charlotte Metro-north Carolina's EIN?
- Ace Mentor Program of Greater Charlotte Metro-north Carolina's Employer Identification Number (EIN) is 26-0556625.
- How much revenue does Ace Mentor Program of Greater Charlotte Metro-north Carolina report?
- Ace Mentor Program of Greater Charlotte Metro-north Carolina reported $55,223 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Ace Mentor Program of Greater Charlotte Metro-north Carolina have?
- CharityIndex grades Ace Mentor Program of Greater Charlotte Metro-north Carolina B, based on financial health (reserves and operating margin).
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Data for Ace Mentor Program of Greater Charlotte Metro-north Carolina (EIN 26-0556625) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.