Accelerated Christian Education Ministries

The information in this column was provided to MinistryWatch by the ministry itself. It was last updated 1/12/2022. To update the information in this column, please email: info@ministrywatch.com


Summary

A.C.E. provides Bible-based K-12 curriculum, consisting of reading programs, core subjects, electives, and student programs. A.C.E. equips churches and parents in the training of their children with character-building academic curriculum like none other.


Contact information

Mailing address:
Accelerated Christian Education Ministries
P.O. Box 2707
Hendersonville, TN 37077-2707

Website: aceministries.com

Phone: 615-612-5200

Email: info@aceministries.com


Organization details

EIN: 752819736

CEO/President: Esther Howard

Chairman:

Board size: 0

Founder:

Ruling year: 2000

Tax deductible: Yes

Fiscal year end: 06/30

Member of ECFA: No

Member of ECFA since:


Purpose

Academic achievement is one of the greatest strengths of A.C.E. School of Tomorrow®. Graduates from the A.C.E. program are attending more than 1,400 colleges and universities globally with outstanding performance.

Conventional educational programs take the student through a spiral of material while introducing him to new skills in sequence. Since students are grouped chronologically, they are lockstepped and receive the same material at the same time. However, students do not necessarily all have the same level of maturity as others of their chronological age, and their natural learning rates are not lockstepped with other students. The above-average student may master the skill the first time he is exposed to it, the average student may pick up part of it, and the below-average student will often grasp only a minimum amount or fail to understand it entirely. As the spiral continues, some students stay out in front while others are left behind for a season (or for good).

The A.C.E. program is designed around a new format: that of building skill upon skill. The scope and sequence ignores the concept of grade level and moves with continuous progress beginning with the first skill to be mastered. Depending on their ability and motivation levels, students may move ahead rapidly or take as long as necessary, but each student masters the material.

As the student moves upward, level after level, and moves into new concepts, he is far better prepared to learn because he has mastered the skill on the previous level. He does not advance until he has mastered each concept. He is not lockstepped with his classmates but is learning individually and completely before advancing. A.C.E. implements a unique and effective system.


Mission statement

To operate a private elementary and secondary school to provide a biblically based education in all branches of knowledge.


Statement of faith

We believe in:

The plenary, verbal inspiration of the Bible, equally and in all parts and without error;

The one God, eternally existent Father, Son, and Holy Spirit, Who created man by a direct, immediate act;

The preexistence, incarnation, virgin birth, sinless life, miracles, substitutionary death, bodily resurrection, ascension to Heaven, and second coming of the Lord Jesus Christ;

The fall of man, the need for regeneration by the operation of the Holy Spirit through personal faith in Jesus Christ as Saviour on the basis of grace alone, and the resurrection of every person to either eternal life or eternal damnation;

The spiritual relationship of all believers in the Lord Jesus Christ, living a life of righteous works, separated from the world, and witnessing of His saving grace through the ministry of the Holy Spirit;

The Biblical mandate of the Great Commandment and the Great Commission for all Believers to proclaim the Gospel and to disciple all nations.

Donor confidence score

Show donor confidence score details

Transparency grade

D

To understand our transparency grade, click here.


Financial efficiency ratings

Sector: K-12 Schools/Academies

CategoryRatingOverall rankSector rank
Overall efficiency rating779 of 102234 of 40
Fund acquisition rating447 of 102423 of 40
Resource allocation rating963 of 102438 of 40
Asset utilization rating589 of 102224 of 40

Financial ratios

Funding ratiosSector median20202019201820172016
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
13%0%0%0%0%0%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
3%0%0%0%0%0%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
13%0%1%1%2%5%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
3%0%0%0%0%0%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
87%100%99%99%98%95%
 
Operating ratiosSector median20202019201820172016
Program expense ratio Program expense ratio =
Program services /
Total expenses
82%64%69%100%100%100%
Spending ratio Spending ratio =
Total expenses /
Total revenue
96%85%80%90%89%69%
Program output ratio Program output ratio =
Program services /
Total revenue
77%55%56%90%89%69%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
4%15%20%10%11%31%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
4%4%5%3%3%9%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
15%36%31%0%0%0%
 
Investing ratiosSector median20202019201820172016
Total asset turnover Total asset turnover =
Total expenses /
Total assets
0.420.200.200.210.220.19
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
3.121.201.211.221.221.23
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
1.490.240.240.260.270.24
 
Liquidity ratiosSector median20202019201820172016
Current ratio Current ratio =
Total current assets /
Total current liabilities
3.1012.8813.3214.0312.3814.66
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.320.080.080.070.080.07
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
4.0646.2846.7643.0240.7746.73
 
Solvency ratiosSector median20202019201820172016
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
40%6%6%6%7%6%
Debt ratio Debt ratio =
Debt /
Total assets
14%0%0%0%0%0%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
158%468%477%444%421%486%

Financials

Balance sheet
 
Assets20202019201820172016
Cash$4,612,005$4,271,842$3,505,593$3,621,039$3,507,474
Receivables, inventories, prepaids$299,990$339,182$413,253$461,258$84,690
Short-term investments$4,314,574$4,181,026$4,277,589$4,165,204$4,257,549
Other current assets$0$0$0$0$0
Total current assets$9,226,569$8,792,050$8,196,435$8,247,501$7,849,713
Long-term investments$0$0$0$0$0
Fixed assets$1,817,658$1,817,658$1,817,658$1,817,658$1,817,658
Other long-term assets$0$0$0$0$0
Total long-term assets$1,817,658$1,817,658$1,817,658$1,817,658$1,817,658
Total assets$11,044,227$10,609,708$10,014,093$10,065,159$9,667,371
 
Liabilities20202019201820172016
Payables and accrued expenses$209,300$175,602$95,410$187,755$58,731
Other current liabilities$507,208$484,346$488,976$478,506$476,566
Total current liabilities$716,508$659,948$584,386$666,261$535,297
Debt$0$0$0$0$0
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$0$0$0$0$0
Total long-term liabilities$0$0$0$0$0
Total liabilities$716,508$659,948$584,386$666,261$535,297
 
Net assets20202019201820172016
Without donor restrictions$10,322,719$9,942,760$9,383,707$9,338,898$9,030,074
With donor restrictions$5,000$7,000$46,000$60,000$102,000
Net assets$10,327,719$9,949,760$9,429,707$9,398,898$9,132,074
 
Revenues and expenses
 
Revenue20202019201820172016
Total contributions$11,563$30,222$25,211$42,176$126,893
Program service revenue$1,484,253$1,490,857$1,591,177$1,611,441$1,746,888
Membership dues$0$0$0$0$0
Investment income$226,977$240,030$10,666$13,761$120,615
Other revenue$861,924$845,852$734,121$830,998$715,857
Total other revenue$2,573,154$2,576,739$2,335,964$2,456,200$2,583,360
Total revenue$2,584,717$2,606,961$2,361,175$2,498,376$2,710,253
 
Expenses20202019201820172016
Program services$1,409,241$1,447,995$2,123,097$2,231,552$1,878,378
Management and general$797,517$638,913$0$0$0
Fundraising$0$0$0$0$0
Total expenses$2,206,758$2,086,908$2,123,097$2,231,552$1,878,378
 
Change in net assets20202019201820172016
Surplus (deficit)$377,959$520,053$238,078$266,824$831,875
Other changes in net assets$0$0$0$0$0
Total change in net assets$377,959$520,053$238,078$266,824$831,875

Compensation

NameTitleCompensation
Esther HowardPresident/Director$131,056
Scott SpencerExecutive Dir of Finance$105,317
Florence HesterSecretary/Director$57,842

Compensation data as of: 6/30/2020


Response from ministry

No response has been provided by this ministry.


The information below was provided to MinistryWatch by the ministry itself. It was last updated 1/12/2022. To update the information below, please email: info@ministrywatch.com


History


Program accomplishments


Needs