2013-11-15T15:32:03-06:00 2012-12-31 461497033 EKS&H LLLP 7979 E TUFTS AVENUE SUITE 400 DENVER CO 802372521 990 2012-01-01 841531066 ALLIANCE FOR CHOICE IN EDUCATION ALLI 3035731603 1201 EAST COLFAX AVENUE SUITE 302 DENVER CO 80218 NORTON RAINEY 3035731603 2013-11-15 1 CRAIG R CHOUN P00173718 3037409400 2012 2016-03-07 17:11:31Z ACE SCHOLARSHIPS NORTON RAINEY 1201 EAST COLFAX AVENUE SUITE 302 DENVER CO 80218 6121661 0 X WWW.ACESCHOLARSHIPS.ORG X 2000 CO THE ORGANIZATION'S MISSION IS TO PROVIDE LOW-INCOME FAMILIES WITH THE POWER OF EDUCATION CHOICE. 15 15 11 73 0 0 5214426 5999780 0 0 4452 3651 7497 -90327 5226375 5913104 3251696 3844178 0 0 542952 790212 0 0 549630 1015777 810330 4810425 5444720 415950 468384 5259289 5754337 143007 232296 5116282 5522041 THE ORGANIZATION'S MISSION IS TO PROVIDE LOW-INCOME FAMILIES WITH THE POWER AND FREEDOM OF GENUINE EDUCATION CHOICE THROUGH PRIVATELY FUNDED K-12 SCHOLARSHIPS AND EDUCATION ADVOCACY. 0 0 4675709 3844178 SCHOLARSHIPS WERE GIVEN TO LOW-INCOME STUDENTS WANTING PRIVATE SCHOOLING FROM KINDERGARTEN THROUGH HIGH SCHOOL. LOW-INCOME IS DEFINED IN ACCORDANCE WITH THE FEDERAL POVERTY GUIDELINES. ADDITIONALLY, ADMINISTRATIVE SERVICES AND SCHOLARSHIPS WERE PROVIDED FOR TWO COLLEGE SCHOLARSHIP FUNDS. 4675709 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 0 0 0 0 1 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 X 14 0 1 11 0 0 0 0 0 0 1 1 0 0 0 0 X 15 15 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X WENDY BANKS 3035731603 1201 EAST COLFAX AVENUE SUITE 302 DENVER CO 80218 TODD CLOUGH 1.00 X 0 0 0 ALEX CRANBERG 1.00 X X 0 0 0 DR VERNARD GANT 1.00 X 0 0 0 SERGIO GUTIERREZ 1.00 X 0 0 0 BERT WILLIAMS 1.00 X 0 0 0 SKIP NETZORG 1.00 X X 0 0 0 BISHOP PHILLIP PORTER 1.00 X 0 0 0 LUIS VILLARREAL 1.00 X X 0 0 0 WAYNE WILLIAMSON 1.00 X 0 0 0 GREG GIANFORTE 1.00 X 0 0 0 CHARLES JOHNSON 1.00 X 0 0 0 RYAN FRAZIER 1.00 X 0 0 0 PETE LEAVELL 1.00 X X 0 0 0 DAVID LIVINGSTON 1.00 X X 0 0 0 LINDA PEOTTER 1.00 X 0 0 0 NORTON RAINEY 40.00 X 211174 0 30173 211174 0 30173 1 0 1 1 0 2242560 3757220 1060 5999780 6514 6514 2863 -2863 -2863 -2863 115367 2242560 205694 -90327 -90327 5913104 0 0 -86676 785883 785883 3058295 3058295 624895 370437 50072 204386 6274 3205 604 2465 114698 67075 9785 37838 44345 26405 2868 15072 17761 1040 16666 55 60339 60339 202552 133283 15171 54098 79198 72863 6335 79915 24520 32854 22541 76597 39034 14956 22607 22274 11761 1924 8589 30077 27714 285 2078 37978 18989 7596 11393 3032 495 2240 297 MEALS & ENTERTAINMENT 109968 5562 264 104142 PRINTING EXPENSES 49995 17517 1956 30522 ORGANIZATION EVENTS 40644 11631 1801 27212 5444720 4675709 219381 549630 16002 33145 3967819 3851886 869910 1393226 312390 369873 233263 132283 88863 100980 4305 5227 5259289 5754337 143007 232296 143007 232296 X 3299676 3055953 1816606 2466088 5116282 5522041 5259289 5754337 X 468384 -62625 X 0 1 X 1 0 X 2140433 3118099 4250321 5214365 5999780 20722998 2140433 3118099 4250321 5214365 5999780 20722998 3997782 16725216 16754 18326 15762 10164 6514 67520 7497 7497 20798015 0.80420 0.79560 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 180453 94706 85747 52810 37577 15233 100980 X 6391832 273033 273033 6118799 -205694 -205694 5913105 5923447 273033 205694 478727 5444720 0 5444720 DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X, LINE 2: THE ORGANIZATION APPLIES A MORE-LIKELY-THAN NOT MEASUREMENT METHODOLOGY TO REFLECT THE FINANCIAL STATEMENT IMPACT OF UNCERTAIN TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. AFTER EVALUATING THE TAX POSITIONS TAKEN, NONE ARE CONSIDERED TO BE UNCERTAIN; THEREFORE, NO AMOUNTS HAVE BEEN RECOGNIZED AS OF DECEMBER 31, 2011 OR 2010. INTEREST AND PENALTIES ASSOCIATED WITH TAX POSITIONS ARE RECORDED IN THE PERIOD ASSESSED AS MISCELLANEOUS ADMINISTRATIVE EXPENSE. NO INTEREST OR PENALTIES HAVE BEEN ASSESSED AS OF DECEMBER 31, 2012 OR 2011. TAX YEARS THAT REMAIN SUBJECT TO EXAMINATION INCLUDE 2009 THROUGH THE CURRENT YEAR. PART XI, LINE 4B - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSE -205,694. PART XII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSE 205,694. SPRING LUNCHEON 2027687 1966150 61537 96541 52304 GOLF TOURNAMENT 294475 250535 43940 33392 10548 1 35765 25875 9890 8935 3974 2357927 2242560 115367 138868 56278 10548 205694 -90327 1 DENVER STREET SCHOOL 1567 MARION ST DENVER CO 80218 841216351 501(C)3 30000 DONOR DIRECTED SPONSORSHIP LA ACADEMIA-DENVER INNER CITY PARISH 1212 MARIPOSA STREET DENVER CO 80218 840525768 501(C)3 20000 DONOR DIRECTED SPONSORSHIP SEEDS OF HOPE 1300 SOUTH STEELE STREET DENVER CO 80210 841437053 501(C)3 50000 DONOR DIRECTED SPONSORSHIP ST LABRE INDIAN SCHOOL PO BOX 77 ASHLAND MT 59003 810244542 501(C)3 20000 DONOR DIRECTED SPONSORSHIP ST ROSE OF LIMA 1345 W DAKOTA AVE DENVER CO 80223 840465591 501(C)3 50000 DONOR DIRECTED SPONSORSHIP ARRUPE JESUIT HIGH SCHOOL 4343 UTICA STREET DENVER CO 80212 020628872 501(C)3 138313 BEFORE/AFTER SCHOOL PROGRAMS BELLEVIEW CHRISTIAN SCHOOL 3455 WEST 83RD AVENUE WESTMINSTER CO 80031 846027303 501(C)3 8063 BEFORE/AFTER SCHOOL PROGRAMS BETH JACOB HIGH SCHOOL OF DENVER 5100 WEST FORTEENTH AVENUE DENVER CO 80204 840585743 501(C)3 17875 BEFORE/AFTER SCHOOL PROGRAMS BETHANY CHRISTIAN ACADEMY 10555 WEST 44TH AVENUE WHEATRIDGE CO 80033 841364649 501(C)3 7500 BEFORE/AFTER SCHOOL PROGRAMS BETHLEHEM LUTHERAN SCHOOL 2100 WADSWORTH BLVD LAKEWOOD CO 80214 841464273 501(C)3 6000 BEFORE/AFTER SCHOOL PROGRAMS CORNERSTONE CHRISTIAN ACADEMY 12000 ZUNI STREET WESTNINSTER CO 80234 841463519 501(C)3 17302 BEFORE/AFTER SCHOOL PROGRAMS ESCUELA DE GUADALUPE 3401 PECOS STREET DENVER CO 80211 311652842 501(C)3 56250 BEFORE/AFTER SCHOOL PROGRAMS ESCUELA TLATELOLCO 2949 NORTH FEDERAL BLVD DENVER CO 80211 840746649 501(C)3 14500 BEFORE/AFTER SCHOOL PROGRAMS HILLEL ACADEMY 450 S HUDSON ST DENVER CO 80246 098023650 501(C)3 45875 BEFORE/AFTER SCHOOL PROGRAMS HOLY TRINITY SCHOOL 3050 WEST 76TH AVENUE WESTMINSTER CO 80030 840469648 501(C)3 22446 BEFORE/AFTER SCHOOL PROGRAMS INNER CITY SCHOOL 3560 JOSEPHINE STREET DENVER CO 80204 841262204 501(C)3 27000 BEFORE/AFTER SCHOOL PROGRAMS LA ACADEMIA-DENVER INNER CITY PARISH 1212 MARIPOSA STREET DENVER CO 80218 840525768 501(C)3 60000 BEFORE/AFTER SCHOOL PROGRAMS LOVE CHRISTIAN FELLOWSHIP 4651 TULSA COURT DENVER CO 80239 311555853 501(C)3 39000 BEFORE/AFTER SCHOOL PROGRAMS MILE HIGH ACADEMY 711 EAST YALE AVENUE DENVER CO 80210 840525223 501(C)3 5500 BEFORE/AFTER SCHOOL PROGRAMS NOTRE DAME CATHOLIC SCHOOL 5100 WEST EVANS AVENUE DENVER CO 80219 800016188 501(C)3 33375 BEFORE/AFTER SCHOOL PROGRAMS PRESENTATION OF OUR LADY 660 JULIAN STREET DENVER CO 80204 840404270 501(C)3 10250 BEFORE/AFTER SCHOOL PROGRAMS SAINTS PETER AND PAUL CATHOLIC SCHOOL 3920 PIERCE STREET WHEATRIDGE CO 80033 840448043 501(C)3 22205 BEFORE/AFTER SCHOOL PROGRAMS ST ELIZABETH'S SCHOOL 3605 MARTIN LUTHER KING BLVD DENVER CO 80205 223875755 501(C)3 9500 BEFORE/AFTER SCHOOL PROGRAMS ST JOHN'S LUTHERAN SCHOOL 700 SOUTH FRANKLIN STREET DENVER CO 80209 840461558 501(C)3 8500 BEFORE/AFTER SCHOOL PROGRAMS ST JOHN THE EVANGELIST 1730 WEST 12TH STREET LOVELAND CO 80537 840409866 501(C)3 6330 BEFORE/AFTER SCHOOL PROGRAMS ST ROSE OF LIMA 1345 W DAKOTA AVE DENVER CO 80223 840465591 501(C)3 40000 BEFORE/AFTER SCHOOL PROGRAMS STANLEY BRITISH PRIMARY 350 QUEBEC STREET DENVER CO 80230 742325997 501(C)3 6500 BEFORE/AFTER SCHOOL PROGRAMS 27 SCHOLARSHIPS 2018 3049569 PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, PART I, LINE 2: TO ASSIST RECIPIENTS WITH THE COST OF OBTAINING AN EDUCATION AT EITHER A PRIVATE OR PAROCHIAL SCHOOL (AS DEFINED IN SEC. 170(B)(1)(II)). THE SCHOLARSHIPS ARE ADVERTISED THROUGHOUT THE SCHOOL. SCHOLARSHIP RECIPIENTS ARE SELECTED THROUGH AN APPLICATION PROCESS, WHERE APPLICATIONS ARE SUBMITTED THROUGH THE SCHOOL THE STUDENT WISHES TO ATTEND. THE SCHOOL IS ALLOWED A SPECIFIC NUMBER OF SCHOLARSHIPS DEPENDING ON SEVERAL DATA POINTS DETERMINED BY ACE STAFF AND THE SCHOLARSHIP COMMITTEE. THE SCHOOL SELECTS THE STUDENTS TO SUBMIT APPLICATIONS. THE ACE SCHOLARSHIP COMMITTEE HAS FINAL AUTHORITY ON SCHOLARSHIP ALLOCATIONS. IN THE FALL AND SPRING, FOLLOWING CONFIRMATION OF STUDENT ENROLLMENT, PAYMENTS ARE MADE TO EACH SCHOOL VIA ELECTRONIC FUND TRANSFERS FOR THE TOTAL AMOUNT OF THE SCHOLARSHIP FUNDING FOR THAT SCHOOL. ACE ALSO SUPPORTS SCHOOLS THROUGH DONOR DIRECTED GIFTS AND BEFORE AND AFTER SCHOOL PROGRAMS. SCHOOLS THAT RECEIVE FUNDS FOR BEFORE AND AFTER SCHOOL CARE SEND LETTERS TO ACE TO CONFIRM THAT THE FUNDS THEY RECEIVED WERE USED FOR THEIR INTENDED PURPOSES. DONORS WHO GIVE RESTRICTED GIFTS FOR SPECIFIC ACE PARTNER SCHOOLS RECEIVE A LETTER FROM ACE EXPLAINING THAT, IF THE NEED ARISES AT ANY TIME OR THE BOARD OF DIRECTORS SEES FIT, ACE RESERVES THE RIGHT TO REDIRECT FUNDS FOR ANOTHER PROGRAM PURPOSE. DONORS ARE ASKED TO NOTIFY ACE IF THIS ARRANGEMENT IS NOT ACCEPTABLE. X X X X 0 0 0 0 0 0 0 0 0 NORTON RAINEY 170774 0 40400 0 0 0 10987 0 19186 0 241347 0 0 0 SUPPLEMENTAL INFORMATION PART III EMPLOYEE OF UNRELATED ORGANIZATION SCHEDULE J, PART II NORTON RAINEY SERVES AS THE EXECUTIVE DIRECTOR OF THE ORGANIZATION. HE IS AN EMPLOYEE OF ASPECT MANAGEMENT CORPORATION, WHICH PAYS HIS SALARY AND BENEFITS. THE ORGANIZATION DOES NOT REIMBURSE ASPECT MANAGEMENT CORPORATION FOR THE EXECUTIVE DIRECTOR'S SALARY AND BENEFITS. HE RECEIVED A BONUS OF $20,000 IN JANUARY OF 2012 AS HIS 2011 BONUS, AND HE ALSO RECEIVED $20,400 IN DECEMBER OF 2012 AS HIS 2012 BONUS. LEASED EMPLOYEES PART V, LINE 2A SALARIES AND BENEFITS ARE PAID THROUGH A THIRD PARTY, THEREFORE A FORM W-3, TRANSMITTAL OF WAGE AND TAX STATEMENT, HAS NOT BEEN FILED BY ALLIANCE FOR CHOICE IN EDUCATION (ACE). ACE REIMBURSES THE THIRD PARTY FOR THE SALARIES AND BENEFITS FOR ALL OF THE EMPLOYEES, WITH THE EXCEPTION OF THE EXECUTIVE DIRECTOR. TO HELP ADVANCE THE MISSION OF ACE, THE THIRD PARTY CONTRIBUTES THE SALARY AND BENEFITS OF THE EXECUTIVE DIRECTOR TO ACE AND DOES NOT ASK TO BE REIMBURSED FOR THOSE COSTS. FORM 990, PART VI, SECTION B, LINE 11 THE ORGANIZATION'S MANAGEMENT AND AUDIT COMMITTEE REVIEW THE FORM 990 IN DETAIL. THE BOARD MEMBERS RECEIVE A COPY OF THE FORM 990 BEFORE THE RETURN IS FILED. FORM 990, PART VI, SECTION B, LINE 12C EACH BOARD MEMBER RECEIVES A COPY OF THE CONFLICT OF INTEREST POLICY AND SIGNS A DISCLOSURE STATING THAT THEY HAVE READ, UNDERSTAND AND WILL COMPLY WITH THE POLICY. ANNUAL CONFIRMATIONS WITH THE BOARD ARE CONDUCTED. IF ANY CONFLICT EXISTS, THE BOARD MEMBER LEAVES THE MEETING WHILE THE ISSUE IS ADDRESSED AND RECUSES HIMSELF FROM VOTING ON THE MATTER. FORM 990, PART VI, SECTION B, LINE 15 AN INDEPENDENT COMMITTEE MADE UP OF ACE BOARD MEMBERS WHO SIT ON ITS AUDIT COMMITTEE PROVIDES A COMPREHENSIVE ANNUAL PERFORMANCE, GOAL AND COMPENSATION REVIEW. COMPENSATION IS DIRECTLY TIED TO GOAL ACHIEVEMENT AND IS BENCHMARKED AGAINST LIKE ORGANIZATIONS OF SIMILAR SIZE. THE COMMITTEE ISSUES A FINAL COMPENSATION AND REVIEW RECOMMENDATION TO THE FULL BOARD, AND IF APPROVED, ISSUES A LETTER THAT OUTLINES ANY ACTIONS OR CHANGES APPROVED BY THE BOARD. THIS LETTER IS PLACED IN THE EXECUTIVE DIRECTOR'S EMPLOYEE FILE. FORM 990, PART VI, SECTION C, LINE 19 AT ITS DISCRETION, THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 9: LOSS FROM UNCOLLECTIBLE PROMISES TO GIVE -62,625.