2011-11-14T15:05:29-06:00 2010-12-31 EHRHARDT KEEFE STEINER & HOTTMAN PC 7979 E TUFTS AVENUE SUITE 400 DENVER CO 802372843 990 2010-01-01 841531066 Alliance for Choice in Education ALLI 3035731603 1201 East Colfax Avenue Suite 302 Denver CO 80218 Norton Rainey 2011-11-13 true CRAIG R CHOUN 3037409400 2010 2016-03-07 17:11:31Z Norton Rainey 1201 East Colfax Ave 302 Denver CO 80218 4346195 false X www.acescholarships.org X 2000 CO 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. 15 15 0 35 0 3118099 4250321 0 0 16966 10702 -43856 -70006 3091209 4191017 2585634 2834121 0 0 432270 356983 0 0 380513 559467 669516 3577371 3860620 -486162 330397 4529882 4908067 126096 173884 4403786 4734183 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. false false 3279491 2834121 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. 3279491 true true false false false false false false false false true false false false false true true false false false false false false false true false false true true true false false false false false false false false false false false false false false false false false false true 4 0 true 0 false false false false false true true false false false false X 15 15 false false false false false false false true true false false true true true true true true true true false X WENDY BANKS 3035731603 1201 EAST COLFAX AVENUE SUITE 302 Denver CO 80218 Todd Clough 1.0 X 0 0 0 Alex Cranberg 1.0 X X 0 0 0 Dr Vernard Gant 1.0 X 0 0 0 Sergio Gutierrez 1.0 X 0 0 0 Sharon Alexander Holt 1.0 X 0 0 0 Skip Netzorg 1.0 X X 0 0 0 Bishop Phillip Porter 1.0 X 0 0 0 Luis Villarreal 1.0 X X 0 0 0 Wayne Williamson 1.0 X 0 0 0 Vivian Wilson 1.0 X 0 0 0 Charles Johnson 1.0 X 0 0 0 Ryan Frazier 1.0 X 0 0 0 Pete Leavall 1.0 X 0 0 0 David Livingston 1.0 X X 0 0 0 Linda Peotter 1.0 X 0 0 0 Norton Rainey 40.0 X 153189 0 26780 153189 0 26780 1 false true true 0 902005 3348316 1910 4250321 0 15762 15762 0 0 25483 1947 22716 9774 2767 -7827 -5060 -5060 52682 902005 122688 -70006 -70006 0 0 0 4191017 -59304 354000 354000 2480121 2480121 0 0 0 0 279009 118442 60887 99680 13356 6459 3211 3686 43117 18821 9282 15014 21501 9444 4657 7400 0 17172 17172 53047 53047 0 0 0 121583 50726 70857 10295 10295 75670 35024 18358 22288 24925 13709 4985 6231 0 78207 43009 15646 19552 10746 2517 2524 5705 0 4251 4251 0 0 32780 18029 6556 8195 2762 541 1975 246 BAD DEBT EXPENSE 122664 122664 MEALS & ENTERTAINMENT 46573 253 129 46191 PRINTING EXPENSES 37998 3142 1143 33713 ORGANIZATION EVENTS 30843 2590 1044 27209 3860620 3279491 200616 380513 57838 75723 3260346 3945535 947704 433344 103032 0 88171 402400 149153 108330 61938 40823 10853 10242 4529882 4908067 126096 173884 126096 173884 X 1115918 3181756 3287868 1552427 4403786 4734183 4529882 4908067 330397 X false true true X false X false false false 3697456 4355155 2140433 3118099 4250321 17561464 3697456 4355155 2140433 3118099 4250321 17561464 4068444 13493020 39054 57167 16754 18326 15762 147063 15701 20116 0 0 0 35817 17744344 143298 0.76041 0.74204 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 87888 57412 30476 61265 50918 10347 40823 0 0 4191017 3860620 330397 330397 4534243 215478 127748 343226 4191017 4191017 4203846 215478 127748 343226 3860620 3860620 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 Luncheon 876987 837387 39600 18384 25100 32732 Dinner 77700 64618 13082 13082 33390 0 954687 902005 52682 18384 38182 66122 122688 -70006 true 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 20 Scholarships 1279 2118341 Monitoring use of grant funds Schedule I, Part I, Line 2 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. X X X false false false false false false false false false Norton Rainey 125849 0 26491 0 849 0 9527 0 17253 0 179969 0 0 0 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. 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.