Ace Scholarships Alliance for Choice in Education
5251 Dtc Pkwy Ste 300, Greenwood Vlg, CO · IRS data through FY2025
Revenue, expenses and net assets
Revenue Expenses Net assets
| Tax year | Revenue | Expenses | Net assets |
|---|---|---|---|
| FY2025 | $75,419,889 | $70,423,424 | $91,366,488 |
| FY2024 | $59,484,336 | $58,143,149 | $86,157,120 |
| FY2023 | $54,763,355 | $41,127,193 | $85,452,532 |
| FY2021 | $34,038,450 | $27,320,020 | $50,784,509 |
| FY2020 | $37,731,548 | $24,398,808 | $44,222,864 |
| FY2019 | $30,925,903 | $26,182,774 | $31,336,191 |
| FY2018 | $38,655,408 | $30,724,004 | $26,887,738 |
| FY2017 | $25,683,870 | $16,619,954 | $18,984,114 |
| FY2016 | $14,046,226 | $12,502,582 | $10,013,569 |
| FY2015 | $10,352,948 | $9,203,219 | $8,493,058 |
| FY2014 | $8,963,096 | $7,561,428 | $7,395,820 |
| FY2013 | $7,504,559 | $6,953,828 | $6,018,297 |
| FY2012 | $5,913,104 | $5,444,720 | $5,522,041 |
| FY2011 | $5,226,375 | $4,810,425 | $5,116,282 |
Form 990 filings
The returns filed by Ace Scholarships Alliance for Choice in Education (EIN 84-1531066), including Form 990 PDFs and e-file data by year, are available in ProPublica's Nonprofit Explorer. The figures on this page come from IRS data files built from those returns.
Where the revenue came from
| Source | Amount | % of revenue |
|---|---|---|
| Contributions & grants | $70,107,004 | 93% |
| Program service revenue | $2,615,584 | 3% |
| Other revenue | $2,697,301 | 4% |
Where the money was spent
| Category | Amount | % of expenses |
|---|---|---|
| Program services | $62,009,438 | 88% |
| Management & general | $2,409,672 | 3% |
| Fundraising | $6,004,314 | 9% |
What the numbers show
- Contributions & grants made up 93% of total revenue in FY2025.
- Program services accounted for 88% of functional expenses, management & general 3%, and fundraising 9%.
- 88% of functional expenses went to program services in FY2025. That is higher than 78.2% of 78 Education organizations in CO.
- Net assets covered about 15.6 months of expenses at the end of the reporting year. That puts it in the 61st percentile among 1299 Education organizations in CO.
- Total revenue was higher than 99.5% of 1315 Education organizations in CO.
- Total revenue rose from $5,226,375 in FY2011 to $75,419,889 in FY2025. Revenue increased in 11 and decreased in 2 of 13 year-over-year comparisons.
- Revenue covered expenses in each of the 14 reported years, FY2011 to FY2025.
- Net assets grew from $5,116,282 to $91,366,488 between FY2011 and FY2025.
- Contributions and grants made up 100% of revenue in FY2011 and 93% in FY2025.
- Listed in the IRS Publication 78 data as eligible to receive tax-deductible contributions (public charity).
Figures compared against other organizations of the same NTEE program area in the same state. See the methodology page for how these are calculated and the guide to reading nonprofit financials for their limits.
About this organization
THE ORGANIZATION'S MISSION IS TO ADVANCE K-12 EDUCATIONAL FREEDOM FOR LOWER-INCOME FAMILIES.
IRS status
| Ruling year | 2000 |
| Subsection | 501(c)(3) |
| Classification | Public charity |
| Program area (NTEE) | B82 — Education (in CO) |
| Donations | Listed in the IRS Publication 78 data as eligible to receive tax-deductible contributions (public charity). |
Similar organizations
- Goal Academy — Pueblo, CO · $79,509,489
- Colorado Early Colleges — Fort Collins, CO · $81,235,378
- American Indian College Fund — Denver, CO · $66,504,283
- Kent Denver Country Day School — Englewood, CO · $54,592,736
- Colorado Academy — Denver, CO · $54,221,616
- Colorado School of Mines Foundation — Golden, CO · $53,606,689
- Strive Preparatory Schools — Denver, CO · $102,571,668
- Classical Academy — Colorado Spgs, CO · $47,530,259
Source: Internal Revenue Service — Exempt Organizations Business Master File (downloaded November 4, 2026), Statistics of Income extracts, Form 990 e-file data, Publication 78 and the Automatic Revocation list. Figures are as reported by the organization; IRS processing may adjust them. This is not a charity rating and not tax advice. Confirm deductibility in IRS Tax Exempt Organization Search.
Think something here is wrong or should be removed? Use the contact form — we act on removal requests within 30 days.