Public Charity

WILMINGTON ACE CHARTER INCORPORATED

WILMINGTON ACE CHARTER INCORPORATED is a Public Charity headquartered in WILMINGTON, NC. Financial data from the 2025 filing: $1.2M revenue, $1.2M expenses, $759K total assets.

EIN: 134283294 WILMINGTON, NC Education N.E.C. NTEE: B99 Latest filing: 2025
Total Revenue$1.2M
Total Expenses$1.2M
Total Assets$759K
Grant Records0
Filing Years2021–2025

Mission

OPERATION OF A PUBLIC CHARTER SCHOOL

Where $100 goes at Wilmington Ace Charter Incorporated

How Wilmington Ace Charter Incorporated divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.

$78 Programs the work itself
$22 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $78 for programs

$78
Operated as a public charter school designed to serve underprivileged children in new hanover county, providing educational services to approximately 91 students during the fiscal year ended june…
All program spending · Reported in the filing: 91 students
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Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

SECRETARY Carlette Grissett
PRINCIPAL Kevin Johnson
TREASURER Mary Rusher
DIRECTOR Ramona Ragin
BOARD CHAIR Valerie Galloway
VICE CHAIR Yolanda Rhodes

Officer compensation and complete director data available with membership.

Financial Trends

Year Revenue Expenses Assets
2025 $1.2M $1.2M $759K
2024 $1.1M $1.2M $933K
2023 $1.2M $1.2M $1.1M
2022 $1.2M $1.1M $715K
2021 $1.3M $1.1M $732K

Between 2021 and 2025, reported annual revenue declined from $1.3M to $1.2M (-10%), with total assets most recently reported at $759K.

Interactive year-over-year charts and full filing details available with membership.

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