AFRICAN COMMUNITY EDUCATION PROGRAM

WORCESTER, MA, 01605-3014 Est. 2006 EIN 14-1970474

P40— Human Services Form 990 501(c)(3)

www.acechildren.org

Mission

TO PROVIDE TRANSITIONAL EDUCATION SUPPORT TO IMMIGRANTS AND REFUGEES OF AFRICAN ORIGIN

Giving Portfolio

Total Grants

4

Total Giving

$524K

Recipients

4

Years Active

2020 - 2023

Avg grant: $131,016 Median: $117,329

Yearly Trends

Year	Grants	Total Giving	Avg Grant	New	Repeat
2023	1	$46K	$46K	0	1
2022	1	$189K	$189K	0	1
2021	1	$260K	$260K	0	1
2020	1	$29K	$29K	1	0

Top States

Massachusetts

4

Top Grantees

CROCODILE RIVER MUSIC AND MEDIALLC

MA - 3 grants

$478K

WORCESTER RISE

MA

$46K

Financials

Total Revenue

$2,591,560

Total Expenses

$2,490,667

Net Assets

$8,936,724

72 employees 281 volunteers

From latest filing (tax period ending 2024-06-30)

Financial Health

Operating Reserve

3.6 years Healthy

Net assets / monthly expenses

Year-over-Year Change

Revenue ↓ 61.3%

Expenses ↑ 14.9%

Revenue Sources

Contributions 75.1% Earned revenue 18.5% Investment 0.8% Other 6.0%

Expense Breakdown

Program 64.8% Management 17.2% Fundraising 18.0%

Officers & Trustees (13)

Sign up free to see all officers. We treat individual compensation with extra care; named amounts are on Grow plans.

Filing History (6 filings)

Year	Revenue	Expenses	Net Assets
2023 Form 990 Jul 1, 2023 to Jun 30, 2024	$2,591,560 ↓	$2,490,667	$8,936,724
2022 Form 990 Jul 1, 2022 to Jun 30, 2023	$6,692,430 ↑	$2,168,128	$8,832,276
2021 Form 990 Jul 1, 2021 to Jun 30, 2022	$4,487,040 ↑	$1,438,828	$4,307,974
2020 Form 990 Jul 1, 2020 to Jun 30, 2021	$1,657,988 ↑	$768,692	$1,243,356
2019 Form 990 Jul 1, 2019 to Jun 30, 2020	$619,987 ↑	$618,040	$354,060
2018 Form 990 Jul 1, 2018 to Jun 30, 2019	$486,438	$568,750	$352,113