ACE SCHOLARSHIPS ALLIANCE FOR CHOICE IN EDUCATION: Form 990, tax year 2010

View the entire original 990 at ProPublica ↗

Organization: ACE SCHOLARSHIPS ALLIANCE FOR CHOICE IN EDUCATION (EIN 84-1531066)
Tax period: 2010-01-01 to 2010-12-31
Filed: 2011-11-14
IRS object ID: 201113189349305856
Schema version: 2010v3.4
Source: Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header
Form 990
Schedule A
Schedule B
Schedule D
Schedule G
Schedule I
Schedule J
Schedule O

Return header ReturnHeader

Field	Value	IRS element (for citing)
Timestamp	2011-11-14T15:05:29-06:00	Timestamp
Tax Period End Date	2010-12-31	TaxPeriodEndDate

Preparer Firm PreparerFirm

Preparer Firm Business Name PreparerFirmBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	EHRHARDT KEEFE STEINER & HOTTMAN PC	BusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

Field	Value	IRS element (for citing)
Address Line1	7979 E TUFTS AVENUE SUITE 400	AddressLine1
City	DENVER	City
State	CO	State
ZIP Code	802372843	ZIPCode

Field	Value	IRS element (for citing)
Return Type	990	ReturnType
Tax Period Begin Date	2010-01-01	TaxPeriodBeginDate

Filer Filer

Field	Value	IRS element (for citing)
EIN	841531066	EIN

Name Name

Field	Value	IRS element (for citing)
Business Name Line1	Alliance for Choice in Education	BusinessNameLine1

Field	Value	IRS element (for citing)
Name Control	ALLI	NameControl
Phone	3035731603	Phone

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	1201 East Colfax Avenue Suite 302	AddressLine1
City	Denver	City
State	CO	State
ZIP Code	80218	ZIPCode

Officer Officer

Field	Value	IRS element (for citing)
Name	Norton Rainey	Name
Title	Executive Director	Title
Date Signed	2011-11-13	DateSigned
Authorize Third Party	true	AuthorizeThirdParty

Preparer Preparer

Field	Value	IRS element (for citing)
Name	CRAIG R CHOUN	Name
Phone	3037409400	Phone

Field	Value	IRS element (for citing)
Tax Year	2010	TaxYear
Build TS	2016-03-07 17:11:31Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Name Of Principal Officer Person	Norton Rainey	NameOfPrincipalOfficerPerson

Address Principal Officer US AddressPrincipalOfficerUS

Field	Value	IRS element (for citing)
Address Line1	1201 East Colfax Ave 302	AddressLine1
City	Denver	City
State	CO	State
ZIP Code	80218	ZIPCode

Field	Value	IRS element (for citing)
Gross Receipts	4346195	GrossReceipts
Group Return For Affiliates	false	GroupReturnForAffiliates
Organization501c3	X	Organization501c3
Web Site	www.acescholarships.org	WebSite
Type Of Organization Corporation	X	TypeOfOrganizationCorporation
Year Formation	2000	YearFormation
State Legal Domicile	CO	StateLegalDomicile
Activity Or Mission Description	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, college-prep, and education advocacy.	ActivityOrMissionDescription
Nbr Voting Members Governing Body	15	NbrVotingMembersGoverningBody
Nbr Independent Voting Members	15	NbrIndependentVotingMembers
Total Nbr Employees	0	TotalNbrEmployees
Total Nbr Volunteers	35	TotalNbrVolunteers
Total Gross UBI	0	TotalGrossUBI
Contributions Grants Prior Year	3118099	ContributionsGrantsPriorYear
Contributions Grants Current Year	4250321	ContributionsGrantsCurrentYear
Program Service Revenue Prior Year	0	ProgramServiceRevenuePriorYear
Program Service Revenue CY	0	ProgramServiceRevenueCY
Investment Income Prior Year	16966	InvestmentIncomePriorYear
Investment Income Current Year	10702	InvestmentIncomeCurrentYear
Other Revenue Prior Year	-43856	OtherRevenuePriorYear
Other Revenue Current Year	-70006	OtherRevenueCurrentYear
Total Revenue Prior Year	3091209	TotalRevenuePriorYear
Total Revenue Current Year	4191017	TotalRevenueCurrentYear
Grants And Similar Amnts Prior Year	2585634	GrantsAndSimilarAmntsPriorYear
Grants And Similar Amnts CY	2834121	GrantsAndSimilarAmntsCY
Benefits Paid To Members Prior Year	0	BenefitsPaidToMembersPriorYear
Benefits Paid To Members CY	0	BenefitsPaidToMembersCY
Salaries Etc Prior Year	432270	SalariesEtcPriorYear
Salaries Etc Current Year	356983	SalariesEtcCurrentYear
Total Prof Fundrsng Exp Prior Year	0	TotalProfFundrsngExpPriorYear
Total Prof Fundrsng Exp CY	0	TotalProfFundrsngExpCY
Total Fundrsng Exp Current Year	380513	TotalFundrsngExpCurrentYear
Other Expense Prior Year	559467	OtherExpensePriorYear
Other Expenses Current Year	669516	OtherExpensesCurrentYear
Total Expenses Prior Year	3577371	TotalExpensesPriorYear
Total Expenses Current Year	3860620	TotalExpensesCurrentYear
Revenues Less Expenses Prior Year	-486162	RevenuesLessExpensesPriorYear
Revenues Less Expenses CY	330397	RevenuesLessExpensesCY
Total Assets BOY	4529882	TotalAssetsBOY
Total Assets EOY	4908067	TotalAssetsEOY
Total Liabilities BOY	126096	TotalLiabilitiesBOY
Total Liabilities EOY	173884	TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY	4403786	NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY	4734183	NetAssetsOrFundBalancesEOY
Mission Description	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, COLLEGE-PREP, AND EDUCATION ADVOCACY.	MissionDescription
Significant New Program Services	false	SignificantNewProgramServices
Significant Change	false	SignificantChange
Expense	3279491	Expense
Grants	2834121	Grants
Description	Scholarships were given to low-income students needing 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 donor-directed college scholarship funds.	Description
Total Program Service Expense	3279491	TotalProgramServiceExpense
Described In501 C3	true	DescribedIn501C3
Schedule B Required	true	ScheduleBRequired
Political Activities	false	PoliticalActivities
Lobbying Activities	false	LobbyingActivities
Subject To Proxy Tax	false	SubjectToProxyTax
Donor Advised Funds	false	DonorAdvisedFunds
Conservation Easements	false	ConservationEasements
Collections Of Art	false	CollectionsOfArt
Credit Counseling	false	CreditCounseling
Term Or Permanent Endowments	false	TermOrPermanentEndowments
Report Land Bldg Equip	true	ReportLandBldgEquip
Report Invest Oth Securities	false	ReportInvestOthSecurities
Report Prog Rel Invest	false	ReportProgRelInvest
Report Other Assets	false	ReportOtherAssets
Report Other Liabilities	false	ReportOtherLiabilities
Report Fin48 Footnote	true	ReportFin48Footnote
Independent Audit Financial Stmt	true	IndependentAuditFinancialStmt
Consolidated Audit Financial Stmt	false	ConsolidatedAuditFinancialStmt
School	false	School
Foreign Office	false	ForeignOffice
Foreign Activities	false	ForeignActivities
More Than5000 K To Organizations	false	MoreThan5000KToOrganizations
More Than5000 K To Individuals	false	MoreThan5000KToIndividuals
Professional Fundraising	false	ProfessionalFundraising
Fundraising Activities	true	FundraisingActivities
Gaming	false	Gaming
Hospital	false	Hospital
Grants To Organizations	true	GrantsToOrganizations
Grants To Individuals	true	GrantsToIndividuals
Schedule J Required	true	ScheduleJRequired
Tax Exempt Bonds	false	TaxExemptBonds
Excess Benefit Transaction	false	ExcessBenefitTransaction
Prior Excess Benefit Transaction	false	PriorExcessBenefitTransaction
Loan To Officer Or DQP	false	LoanToOfficerOrDQP
Grant To Related Person	false	GrantToRelatedPerson
Bsnss Rltnshp With Organization	false	BsnssRltnshpWithOrganization
Bsnss Rltnshp Thru Family Member	false	BsnssRltnshpThruFamilyMember
Officer Entity With Bsnss Rltnshp	false	OfficerEntityWithBsnssRltnshp
Deductible Non Cash Contributions	false	DeductibleNonCashContributions
Deductible Contributions Of Art	false	DeductibleContributionsOfArt
Terminated	false	Terminated
Partial Liquidation	false	PartialLiquidation
Disregarded Entity	false	DisregardedEntity
Related Entity	false	RelatedEntity
Related Org Controlled Entity	false	RelatedOrgControlledEntity
Transaction Related Entity	false	TransactionRelatedEntity
Transfers To Exempt Non Chrtbl Org	false	TransfersToExemptNonChrtblOrg
Activities Conducted Partnership	false	ActivitiesConductedPartnership
Schedule O Required	true	ScheduleORequired
Number Forms Transmitted With1096	4	NumberFormsTransmittedWith1096
Number W2 G Included	0	NumberW2GIncluded
Compliance With Backup Witholding	true	ComplianceWithBackupWitholding
Number Of Employees	0	NumberOfEmployees
Unrelated Business Income	false	UnrelatedBusinessIncome
Foreign Financial Account	false	ForeignFinancialAccount
Prohibited Tax Shelter Trans	false	ProhibitedTaxShelterTrans
Taxable Party Notification	false	TaxablePartyNotification
Non Deductible Contributions	false	NonDeductibleContributions
Quid Pro Quo Contributions	true	QuidProQuoContributions
Quid Pro Quo Disclosure	true	QuidProQuoDisclosure
Form8282 Property Disposed Of	false	Form8282PropertyDisposedOf
Funds To Pay Premiums	false	FundsToPayPremiums
Premiums Paid	false	PremiumsPaid
Indoor Tanning Services	false	IndoorTanningServices
Info In Schedule O Part VI	X	InfoInScheduleOPartVI
Nbr Voting Governing Body Members	15	NbrVotingGoverningBodyMembers
Number Independent Voting Members	15	NumberIndependentVotingMembers
Family Or Business Relationship	false	FamilyOrBusinessRelationship
Delegation Of Management Duties	false	DelegationOfManagementDuties
Changes To Organizing Docs	false	ChangesToOrganizingDocs
Material Diversion Or Misuse	false	MaterialDiversionOrMisuse
Members Or Stockholders	false	MembersOrStockholders
Election Of Board Members	false	ElectionOfBoardMembers
Decisions Subject To Approval	false	DecisionsSubjectToApproval
Minutes Of Governing Body	true	MinutesOfGoverningBody
Minutes Of Committees	true	MinutesOfCommittees
Officer Mailing Address	false	OfficerMailingAddress
Local Chapters	false	LocalChapters
Form990 Provided To Governing Body	true	Form990ProvidedToGoverningBody
Conflict Of Interest Policy	true	ConflictOfInterestPolicy
Annual Disclosure Covered Persons	true	AnnualDisclosureCoveredPersons
Regular Monitoring Enforcement	true	RegularMonitoringEnforcement
Whistleblower Policy	true	WhistleblowerPolicy
Document Retention Policy	true	DocumentRetentionPolicy
Compensation Process CEO	true	CompensationProcessCEO
Compensation Process Other	true	CompensationProcessOther
Investment In Joint Venture	false	InvestmentInJointVenture
Upon Request	X	UponRequest

The Books Are In Care Of TheBooksAreInCareOf

Field	Value	IRS element (for citing)
Name Person	WENDY BANKS	NamePerson
Telephone Number	3035731603	TelephoneNumber

Address US AddressUS

Field	Value	IRS element (for citing)
Address Line1	1201 EAST COLFAX AVENUE SUITE 302	AddressLine1
City	Denver	City
State	CO	State
ZIP Code	80218	ZIPCode

Form990 Part VII Section A Form990PartVIISectionA (16 entries)

TitleTitle	Average Hours Per WeekAverageHoursPerWeek	Individual Trustee Or DirectorIndividualTrusteeOrDirector	Reportable Comp From OrganizationReportableCompFromOrganization	Reportable Comp From Related OrgsReportableCompFromRelatedOrgs	Other CompensationOtherCompensation	OfficerOfficer
Todd Clough
Director	1.0	X	0	0	0
Alex Cranberg
Chairman	1.0	X	0	0	0	X
Dr Vernard Gant
Director	1.0	X	0	0	0
Sergio Gutierrez
Director	1.0	X	0	0	0
Sharon Alexander Holt
Director	1.0	X	0	0	0
Skip Netzorg
Secretary	1.0	X	0	0	0	X
Bishop Phillip Porter
Director	1.0	X	0	0	0
Luis Villarreal
Vice-Chairman	1.0	X	0	0	0	X
Wayne Williamson
Director	1.0	X	0	0	0
Vivian Wilson
Director	1.0	X	0	0	0
Charles Johnson
Director	1.0	X	0	0	0
Ryan Frazier
Director	1.0	X	0	0	0
Pete Leavall
Director	1.0	X	0	0	0
David Livingston
Treasurer	1.0	X	0	0	0	X
Linda Peotter
Director	1.0	X	0	0	0
Norton Rainey
Executive Director	40.0		153189	0	26780	X

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	153189	TotalReportableCompFromOrg
Total Reportable Comp Frm Rltd Orgs	0	TotalReportableCompFrmRltdOrgs
Total Other Compensation	26780	TotalOtherCompensation
Number Individuals GT100 K	1	NumberIndividualsGT100K
Formers Listed	false	FormersListed
Total Comp GT150 K	true	TotalCompGT150K
Compensation From Other Sources	true	CompensationFromOtherSources
Number Of Contractors GT100 K	0	NumberOfContractorsGT100K
Fundraising Events	902005	FundraisingEvents
All Other Contributions	3348316	AllOtherContributions
Noncash Contributions	1910	NoncashContributions
Total Contributions	4250321	TotalContributions
Total Program Service Revenue	0	TotalProgramServiceRevenue

Investment Income InvestmentIncome

Field	Value	IRS element (for citing)
Total Revenue Column	15762	TotalRevenueColumn
Exclusion	$15,762	ExclusionAmount

Income From Invest Bond Proceeds IncomeFromInvestBondProceeds

Field	Value	IRS element (for citing)
Total Revenue Column	0	TotalRevenueColumn

Royalties Revenue RoyaltiesRevenue

Field	Value	IRS element (for citing)
Total Revenue Column	0	TotalRevenueColumn

Gross Amount Sales Assets GrossAmountSalesAssets

Field	Value	IRS element (for citing)
Securities	25483	Securities
Other	1947	Other

Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses

Field	Value	IRS element (for citing)
Securities	22716	Securities
Other	9774	Other

Gain Or Loss GainOrLoss

Field	Value	IRS element (for citing)
Securities	2767	Securities
Other	-7827	Other

Net Gain Or Loss Investments NetGainOrLossInvestments

Field	Value	IRS element (for citing)
Total Revenue Column	-5060	TotalRevenueColumn
Exclusion	-$5,060	ExclusionAmount

Field	Value	IRS element (for citing)
Gross Income Fundraising Events	52682	GrossIncomeFundraisingEvents
Cntrbtns Rprtd Fundraising Events	902005	CntrbtnsRprtdFundraisingEvents
Fundraising Direct Expenses	122688	FundraisingDirectExpenses

Net Income From Fundraising Events NetIncomeFromFundraisingEvents

Field	Value	IRS element (for citing)
Total Revenue Column	-70006	TotalRevenueColumn
Exclusion	-$70,006	ExclusionAmount

Net Income From Gaming NetIncomeFromGaming

Field	Value	IRS element (for citing)
Total Revenue Column	0	TotalRevenueColumn

Net Income Or Loss NetIncomeOrLoss

Field	Value	IRS element (for citing)
Total Revenue Column	0	TotalRevenueColumn

Field	Value	IRS element (for citing)
Total Other Revenue	0	TotalOtherRevenue

Total Revenue TotalRevenue

Field	Value	IRS element (for citing)
Total Revenue Column	4191017	TotalRevenueColumn
Exclusion	-$59,304	ExclusionAmount

Grants To Domestic Orgs GrantsToDomesticOrgs

Field	Value	IRS element (for citing)
Total	354000	Total
Program Services	354000	ProgramServices

Grants To Domestic Individuals GrantsToDomesticIndividuals

Field	Value	IRS element (for citing)
Total	2480121	Total
Program Services	2480121	ProgramServices

Foreign Grants ForeignGrants

Field	Value	IRS element (for citing)
Total	0	Total

Benefits To Members BenefitsToMembers

Field	Value	IRS element (for citing)
Total	0	Total

Comp Current Officers Directors CompCurrentOfficersDirectors

Field	Value	IRS element (for citing)
Total	0	Total

Comp Disqual Persons CompDisqualPersons

Field	Value	IRS element (for citing)
Total	0	Total

Other Salaries And Wages OtherSalariesAndWages

Field	Value	IRS element (for citing)
Total	279009	Total
Program Services	118442	ProgramServices
Management And General	60887	ManagementAndGeneral
Fundraising	99680	Fundraising

Pension Plan Contributions PensionPlanContributions

Field	Value	IRS element (for citing)
Total	13356	Total
Program Services	6459	ProgramServices
Management And General	3211	ManagementAndGeneral
Fundraising	3686	Fundraising

Other Employee Benefits OtherEmployeeBenefits

Field	Value	IRS element (for citing)
Total	43117	Total
Program Services	18821	ProgramServices
Management And General	9282	ManagementAndGeneral
Fundraising	15014	Fundraising

Payroll Taxes PayrollTaxes

Field	Value	IRS element (for citing)
Total	21501	Total
Program Services	9444	ProgramServices
Management And General	4657	ManagementAndGeneral
Fundraising	7400	Fundraising

Fees For Services Management FeesForServicesManagement

Field	Value	IRS element (for citing)
Total	0	Total

Fees For Services Legal FeesForServicesLegal

Field	Value	IRS element (for citing)
Total	17172	Total
Management And General	17172	ManagementAndGeneral

Fees For Services Accounting FeesForServicesAccounting

Field	Value	IRS element (for citing)
Total	53047	Total
Management And General	53047	ManagementAndGeneral

Fees For Services Lobbying FeesForServicesLobbying

Field	Value	IRS element (for citing)
Total	0	Total

Fees For Services Prof Fundraising FeesForServicesProfFundraising

Field	Value	IRS element (for citing)
Total	0	Total

Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees

Field	Value	IRS element (for citing)
Total	0	Total

Fees For Services Other FeesForServicesOther

Field	Value	IRS element (for citing)
Total	121583	Total
Program Services	50726	ProgramServices
Fundraising	70857	Fundraising

Advertising Advertising

Field	Value	IRS element (for citing)
Total	10295	Total
Fundraising	10295	Fundraising

Office Expenses OfficeExpenses

Field	Value	IRS element (for citing)
Total	75670	Total
Program Services	35024	ProgramServices
Management And General	18358	ManagementAndGeneral
Fundraising	22288	Fundraising

Information Technology InformationTechnology

Field	Value	IRS element (for citing)
Total	24925	Total
Program Services	13709	ProgramServices
Management And General	4985	ManagementAndGeneral
Fundraising	6231	Fundraising

Royalties Royalties

Field	Value	IRS element (for citing)
Total	0	Total

Occupancy Occupancy

Field	Value	IRS element (for citing)
Total	78207	Total
Program Services	43009	ProgramServices
Management And General	15646	ManagementAndGeneral
Fundraising	19552	Fundraising

Travel Travel

Field	Value	IRS element (for citing)
Total	10746	Total
Program Services	2517	ProgramServices
Management And General	2524	ManagementAndGeneral
Fundraising	5705	Fundraising

Travel Entrtnmnt Public Officials TravelEntrtnmntPublicOfficials

Field	Value	IRS element (for citing)
Total	0	Total

Conferences Meetings ConferencesMeetings

Field	Value	IRS element (for citing)
Total	4251	Total
Fundraising	4251	Fundraising

Interest Interest

Field	Value	IRS element (for citing)
Total	0	Total

Payments To Affiliates PaymentsToAffiliates

Field	Value	IRS element (for citing)
Total	0	Total

Depreciation Depletion DepreciationDepletion

Field	Value	IRS element (for citing)
Total	32780	Total
Program Services	18029	ProgramServices
Management And General	6556	ManagementAndGeneral
Fundraising	8195	Fundraising

Insurance Insurance

Field	Value	IRS element (for citing)
Total	2762	Total
Program Services	541	ProgramServices
Management And General	1975	ManagementAndGeneral
Fundraising	246	Fundraising

Other Expenses OtherExpenses (4 entries)

DescriptionDescription	TotalTotal	Program ServicesProgramServices	Management And GeneralManagementAndGeneral	FundraisingFundraising
BAD DEBT EXPENSE	122664	122664
MEALS & ENTERTAINMENT	46573	253	129	46191
PRINTING EXPENSES	37998	3142	1143	33713
ORGANIZATION EVENTS	30843	2590	1044	27209

Total Functional Expenses TotalFunctionalExpenses

Field	Value	IRS element (for citing)
Total	3860620	Total
Program Services	3279491	ProgramServices
Management And General	200616	ManagementAndGeneral
Fundraising	380513	Fundraising

Cash Non Interest Bearing CashNonInterestBearing

Field	Value	IRS element (for citing)
BOY	57838	BOY
EOY	75723	EOY

Savings And Temp Cash Investments SavingsAndTempCashInvestments

Field	Value	IRS element (for citing)
BOY	3260346	BOY
EOY	3945535	EOY

Pledges And Grants Receivable PledgesAndGrantsReceivable

Field	Value	IRS element (for citing)
BOY	947704	BOY
EOY	433344	EOY

Field	Value	IRS element (for citing)
Accounts Receivable		AccountsReceivable

Other Notes Loans Receivable Net OtherNotesLoansReceivableNet

Field	Value	IRS element (for citing)
BOY	103032	BOY
EOY	0	EOY

Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges

Field	Value	IRS element (for citing)
BOY	88171	BOY
EOY	402400	EOY

Field	Value	IRS element (for citing)
Land Buildings Equipment Basis	149153	LandBuildingsEquipmentBasis
Land Bldg Equipment Accum Deprec	108330	LandBldgEquipmentAccumDeprec

Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet

Field	Value	IRS element (for citing)
BOY	61938	BOY
EOY	40823	EOY

Other Assets Total OtherAssetsTotal

Field	Value	IRS element (for citing)
BOY	10853	BOY
EOY	10242	EOY

Total Assets TotalAssets

Field	Value	IRS element (for citing)
BOY	4529882	BOY
EOY	4908067	EOY

Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses

Field	Value	IRS element (for citing)
BOY	126096	BOY
EOY	173884	EOY

Total Liabilities TotalLiabilities

Field	Value	IRS element (for citing)
BOY	126096	BOY
EOY	173884	EOY

Field	Value	IRS element (for citing)
Follow SFAS117	X	FollowSFAS117

Unrestricted Net Assets UnrestrictedNetAssets

Field	Value	IRS element (for citing)
BOY	1115918	BOY
EOY	3181756	EOY

Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets

Field	Value	IRS element (for citing)
BOY	3287868	BOY
EOY	1552427	EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	4403786	BOY
EOY	4734183	EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	4529882	BOY
EOY	4908067	EOY

Field	Value	IRS element (for citing)
Reconcilation Revenue Expenses	330397	ReconcilationRevenueExpenses
Method Of Accounting Accrual	X	MethodOfAccountingAccrual
Accountant Compile Or Review	false	AccountantCompileOrReview
FS Audited	true	FSAudited
Audit Committee	true	AuditCommittee
Financial Statement Separate	X	FinancialStatementSeparate
Federal Grant Audit Required	false	FederalGrantAuditRequired

Schedule A IRS990ScheduleA

Field	Value	IRS element (for citing)
Publicly Supported Org170b1 Avi	X	PubliclySupportedOrg170b1Avi
Contrib By Controlling Individual	false	ContribByControllingIndividual
Contribution By Related Party	false	ContributionByRelatedParty
Contrib By35 Controlled Entity	false	ContribBy35ControlledEntity

Gifts Grants Contrib Received170 GiftsGrantsContribReceived170

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	3697456	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	4355155	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	2140433	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	3118099	CurrentTaxYearMinus1Year
Current Tax Year	4250321	CurrentTaxYear
Total	17561464	Total

Total170 Total170

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	3697456	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	4355155	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	2140433	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	3118099	CurrentTaxYearMinus1Year
Current Tax Year	4250321	CurrentTaxYear
Total	17561464	Total

Field	Value	IRS element (for citing)
Amounts Subst Contributors Total	4068444	AmountsSubstContributorsTotal
Public Support Total170	13493020	PublicSupportTotal170

Gross Investment Income170 GrossInvestmentIncome170

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	39054	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	57167	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	16754	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	18326	CurrentTaxYearMinus1Year
Current Tax Year	15762	CurrentTaxYear
Total	147063	Total

Other Income170 OtherIncome170

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	15701	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	20116	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	0	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	0	CurrentTaxYearMinus1Year
Current Tax Year	0	CurrentTaxYear
Total	35817	Total

Field	Value	IRS element (for citing)
Total Support	17744344	TotalSupport
Gross Receipts From Admissions Etc	143298	GrossReceiptsFromAdmissionsEtc
Public Support Pertcentage170	0.76041	PublicSupportPertcentage170
Public Support Pertcent Prior Year	0.74204	PublicSupportPertcentPriorYear
Thirty Three Percnt Tests CY170	X	ThirtyThreePercntTestsCY170

Schedule B IRS990ScheduleB

Contributor Info ContributorInfo

Field	Value	IRS element (for citing)
Contributor Number	RESTRICTED	ContributorNumber

Contributor Name Business ContributorNameBusiness

Field	Value	IRS element (for citing)
Business Name Line1	RESTRICTED	BusinessNameLine1

Contributor Address US ContributorAddressUS

Field	Value	IRS element (for citing)
Address Line1	RESTRICTED	AddressLine1
Address Line2	RESTRICTED	AddressLine2
City	RESTRICTED	City
State	RESTRICTED	State
ZIP Code	RESTRICTED	ZIPCode

Field	Value	IRS element (for citing)
Aggregate Contributions	RESTRICTED	AggregateContributions

Schedule D IRS990ScheduleD

Field	Value	IRS element (for citing)
Art Public Exhibition Amts		ArtPublicExhibitionAmts
Held Works Of Art Amts		HeldWorksOfArtAmts
Land		Land
Buildings		Buildings
Leasehold Improvements		LeaseholdImprovements

Equipment Equipment

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	87888	OtherCostOrOtherBasis
Depreciation	57412	Depreciation
Book Value	30476	BookValue

Other Land Buildings OtherLandBuildings

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	61265	OtherCostOrOtherBasis
Depreciation	50918	Depreciation
Book Value	10347	BookValue

Field	Value	IRS element (for citing)
Total Of Book Value Land Buildings	40823	TotalOfBookValueLandBuildings
Federal Income Tax Liability	0	FederalIncomeTaxLiability
Total Of Amounts	0	TotalOfAmounts
Total Revenue	4191017	TotalRevenue
Total Expenses	3860620	TotalExpenses
Excess Or Deficit For Year	330397	ExcessOrDeficitForYear
Excess Or Deficit Per FS	330397	ExcessOrDeficitPerFS
Tot Revenue Etc Audited Fincl Stmt	4534243	TotRevenueEtcAuditedFinclStmt
Donated Srvc And Use Of Facilities	215478	DonatedSrvcAndUseOfFacilities
Other Revenues	127748	OtherRevenues
Revenue Not Rptd F990	343226	RevenueNotRptdF990
Revenue Subtotal	4191017	RevenueSubtotal
Total Revenue Per Form990	4191017	TotalRevenuePerForm990
Tot Expenses Etc Audited Fincl Stmt	4203846	TotExpensesEtcAuditedFinclStmt
Donated Services Use Of Facilities	215478	DonatedServicesUseOfFacilities
Other Expenses Included	127748	OtherExpensesIncluded
Expenses Not Rptd F990	343226	ExpensesNotRptdF990
Expenses Subtotal	3860620	ExpensesSubtotal
Total Expenses Per Form990	3860620	TotalExpensesPerForm990

Form990 Schedule D Part XIV Form990ScheduleDPartXIV (3 entries)

IdentifierIdentifier	Return ReferenceReturnReference	ExplanationExplanation
FIN 48 Disclosure	Schedule D, Part X	The Organization follows guidance related to related to uncertainty in income taxes. After evaluating the tax positions taken, none are considered to be uncertain; therefore, no amounts have been recognized as of December 31, 2010 and 2009. 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, 2010 and 2009. Tax years that remain subject to examination include 2007 through 2010 for the federal return.
Reconciliiation of Revenues on Tax Return to Audited Financials	Schedule D, Part XII, Line 2d	Special Event Expenses $122,688 Loss on Sale of Assets $5,060 -------- Total $127,748
Reconciliiation of Expenses on Tax Return to Audited Financials	Schedule D, Part XIII, Line 2d	Special Event Expenses $122,688 Loss on Sale of Assets $5,060 -------- Total $127,748

Schedule G IRS990ScheduleG

Events Information EventsInformation

Field	Value	IRS element (for citing)
Name Of Event1	Luncheon	NameOfEvent1
Gross Receipts Event1	876987	GrossReceiptsEvent1
Charitable Contributions Event1	837387	CharitableContributionsEvent1
Gross Revenue Event1	39600	GrossRevenueEvent1
Rent Facility Costs Event1	18384	RentFacilityCostsEvent1
Food And Beverage Event1	25100	FoodAndBeverageEvent1
Other Direct Expenses Event1	32732	OtherDirectExpensesEvent1
Name Of Event2	Dinner	NameOfEvent2
Gross Receipts Event2	77700	GrossReceiptsEvent2
Charitable Contributions Event2	64618	CharitableContributionsEvent2
Gross Revenue Event2	13082	GrossRevenueEvent2
Food And Beverage Event2	13082	FoodAndBeverageEvent2
Other Direct Expenses Event2	33390	OtherDirectExpensesEvent2
Total Number Of Other Events	0	TotalNumberOfOtherEvents
Gross Receipts Total	954687	GrossReceiptsTotal
Charitable Contributions Total	902005	CharitableContributionsTotal
Gross Revenue Total Events	52682	GrossRevenueTotalEvents
Rent Facility Costs Total Events	18384	RentFacilityCostsTotalEvents
Food And Beverage Total Events	38182	FoodAndBeverageTotalEvents
Other Direct Expenses Total Events	66122	OtherDirectExpensesTotalEvents
Direct Expense Summary Events	122688	DirectExpenseSummaryEvents
Net Income Summary	-70006	NetIncomeSummary

Schedule I IRS990ScheduleI

Field	Value	IRS element (for citing)
Records Maintained	true	RecordsMaintained

Recipient Table RecipientTable (20 entries)

Address Line1AddressUS/AddressLine1	CityAddressUS/City	StateAddressUS/State	ZIP CodeAddressUS/ZIPCode	EIN Of RecipientEINOfRecipient	IRC SectionIRCSection	Amount Of Cash GrantAmountOfCashGrant	Purpose Of GrantPurposeOfGrant
Seeds of Hope
1300 South Steele Street	Denver	CO	80210	841437053	501(c)(3)	50000	educational support
Denver Street School
1567 Marion Street	Denver	CO	80218	841216351	501(c)(3)	40000	educational support
Arrupe Jesuit High School
4343 Utica Street	Denver	CO	80212	020628872	501(c)(3)	64313	program support
Belleview Christian School
3455 West 83rd Avenue	Westminster	CO	80031	846027303	501(c)(3)	5063	program support
Beth Jacob High School of Denver
5100 West Forteenth Avenue	Denver	CO	80204	840585743	501(c)(3)	8875	program support
Cornerstone Christian Academy
12000 Zuni Street	Westminster	CO	80234	841463519	501(c)(3)	10889	program support
Escuela de Guadalupe
3401 Pecos Street	Denver	CO	80211	311652842	501(c)(3)	48250	program support
Escuela Tlatelolco
2949 North Federal Blvd	Denver	CO	80211	840746649	501(c)(3)	7250	program support
Excel Institute
3050 Richard Allen Ct	Denver	CO	80205	364579419	501(c)(3)	148475	program support
Hillel Academy
450 S Hudson St	Denver	CO	80246	098023650	501(c)(3)	25875	program support
Holy Trinity School
3050 West 76th Avenue	Westminster	CO	13174	840469648	501(c)(3)	13174	program support
Inner City School
3560 Josephine Street	Denver	CO	80204	841262204	501(c)(3)	13000	program support
La Academia-Denver Inner City Parish
1212 Mariposa Street	Denver	CO	80218	840525768	501(c)(3)	145375	program support
Notre Dame Catholic School
5100 West Evans Avenue	Denver	CO	80219	800016188	501(c)(3)	17375	program support
Presentation of Our Lady
660 Julian Street	Denver	CO	80204	840404270	501(c)(3)	10250	program support
Resurrection Christian School
6502 East Crossroads Blvd	Loveland	CO	80538	207083543	501(c)(3)	16000	program support
Saints Peter and Paul Catholic School
3920 Pierce Street	Wheatridge	CO	80033	840448043	501(c)(3)	10205	program support
St John's Lutheran Church & School
700 S Franklin	Denver	CO	80209	840461558	501(c)(3)	5500	program support
St Pius X Catholic School
13680 East 14th Place	Aurora	CO	80011	840457083	501(c)(3)	17000	program support
St Rose of Lima
1345 W Dakota Ave	Denver	CO	80223	840465591	501(c)(3)	20000	program support

Field	Value	IRS element (for citing)
Total Nbr Of501 C3 And Govt Grants	20	TotalNbrOf501C3AndGovtGrants

Form990 Schedule I Part III Form990ScheduleIPartIII

Field	Value	IRS element (for citing)
Type Of Grant	Scholarships	TypeOfGrant
Number Of Recipients	1279	NumberOfRecipients
Amount Of Cash Grant	2118341	AmountOfCashGrant

Form990 Schedule I Part IV Form990ScheduleIPartIV

Field	Value	IRS element (for citing)
Identifier	Monitoring use of grant funds	Identifier
Return Reference	Schedule I, Part I, Line 2	ReturnReference
Explanation	The organization annually awards scholarships 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 alloted a specific number of scholarships depending on the total amount of applications received by that school. The school then reviews the applications to select recipients. Checks are sent to both family and school; both parties are required to sign the checks. 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.	Explanation

Schedule J IRS990ScheduleJ

Field	Value	IRS element (for citing)
Compensation Committee	X	CompensationCommittee
Compensation Survey	X	CompensationSurvey
Board Or Committee Approval	X	BoardOrCommitteeApproval
Severance Payment	false	SeverancePayment
Supplemental Nonqual Retire Plan	false	SupplementalNonqualRetirePlan
Equity Based Comp Arrangement	false	EquityBasedCompArrangement
Comp Based On Revenue Of Filing Org	false	CompBasedOnRevenueOfFilingOrg
Comp Based On Revenue Related Orgs	false	CompBasedOnRevenueRelatedOrgs
Comp Based Net Earnings Filing Org	false	CompBasedNetEarningsFilingOrg
Comp Based Net Earnings Relate Orgs	false	CompBasedNetEarningsRelateOrgs
Any Non Fixed Payments	false	AnyNonFixedPayments
Initial Contract Exception	false	InitialContractException

Form990 Schedule J Part II Form990ScheduleJPartII

Field	Value	IRS element (for citing)
Name Person	Norton Rainey	NamePerson
Base Compensation Filing Org	125849	BaseCompensationFilingOrg
Comp Based On Related Orgs	0	CompBasedOnRelatedOrgs
Bonus Filing Org	26491	BonusFilingOrg
Bonus Related Orgs	0	BonusRelatedOrgs
Other Compensation Filing Org	849	OtherCompensationFilingOrg
Other Compensation Related Orgs	0	OtherCompensationRelatedOrgs
Deferred Comp Filing Org	9527	DeferredCompFilingOrg
Deferred Comp Related Orgs	0	DeferredCompRelatedOrgs
Nontaxable Benefits Filing Org	17253	NontaxableBenefitsFilingOrg
Nontaxable Benefits Related Orgs	0	NontaxableBenefitsRelatedOrgs
Total Compensation Filing Org	179969	TotalCompensationFilingOrg
Total Compensation Related Orgs	0	TotalCompensationRelatedOrgs
Comp Report Prior990 Filing Org	0	CompReportPrior990FilingOrg
Comp Report Prior990 Related Orgs	0	CompReportPrior990RelatedOrgs

Form990 Schedule J Part III Form990ScheduleJPartIII

Field	Value	IRS element (for citing)
Identifier	Employee of Unrelated Organization	Identifier
Return Reference	Schedule J, Part II	ReturnReference
Explanation	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.	Explanation

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (5 entries)

IdentifierIdentifier	Return ReferenceReturnReference	ExplanationExplanation
Review of the 990	Part VI, Section B, Line 11b	The Organization's Management and Treasurer review the Form 990 in detail. The Board Members receive a copy of the Form 990 before the return is filed.
Conflict of interest policy	Part VI, Section B, Line 12	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 conflicts exist, the board member leaves the meeting while the issue is addressed and recuses himself from voting on the matter.
Compensation policy	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.
Disclosure of documents to the public	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.
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.