American Career College Educational Foundation
Profile
Current
(Last updated:
May 05, 2025
)
Current Fiscal Year
Fiscal Year Start Date: January 1, 2026
Fiscal Year End Date: December 31, 2026
Projected Revenue: $2,900,000
Projected Expense: $2,800,000
Revenue vs. Expense ($)
Expense Breakdown: 2024 (%)
| Administration Expense | 0.6% |
| Program Expense | 97.1% |
| Fundraising Expense | 1.7% |
Expense Breakdown: 2023 (%)
| Administration Expense | 1.5% |
| Program Expense | 96.6% |
| Fundraising Expense | 2.0% |
Expense Breakdown: 2022 (%)
| Administration Expense | 2.1% |
| Program Expense | 95.8% |
| Fundraising Expense | 2.1% |
990 Tax Form Newest 990 Year opens each June
Tax Year 2024 Form 990 (Fiscal Year ending in 2024)
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Tax Year 2023 Form 990 (Fiscal Year ending in 2023)
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Tax Year 2022 Form 990 (Fiscal Year ending in 2022)
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Tax Year 2021 Form 990 (Fiscal Year ending in 2021)
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Prior Three Years Total Revenue and Expense Totals
| Fiscal Year | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Revenue | $2,886,886 | $3,032,389 | $2,345,908 |
| Total Expenses | $2,610,331 | $2,375,086 | $2,293,180 |
Prior Three Years Revenue Sources
| Fiscal Year | 2024 | 2023 | 2022 |
|---|---|---|---|
| Foundation and Corporation Contributions | - | $400,022 | $2,345,908 |
| Government Contributions | - | - | - |
| Federal | - | - | - |
| State | - | - | - |
| Local | - | - | - |
| Unspecified | - | - | - |
| Individual Contributions | - | - | - |
| Indirect Public Support | - | - | - |
| Earned Revenue | - | - | - |
| Investment Income, Net of Losses | - | - | - |
| Membership Dues | - | - | - |
| Special Events | - | - | - |
| Revenue In-Kind | $29,460 | - | - |
| Other Revenue | - | - | - |
Prior Three Years Expense Allocations by Type
| Fiscal Year | 2024 | 2023 | 2022 |
|---|---|---|---|
| Program Expense | $2,534,357 | $2,293,688 | $2,195,791 |
| Administration Expense | $14,889 | $34,601 | $48,984 |
| Fundraising Expense | $45,000 | $46,797 | $48,405 |
| Payments to Affiliates | - | - | - |
| Total Revenue/Total Expenses | 1.11 | 1.28 | 1.02 |
| Program Expense/Total Expenses | 97% | 97% | 96% |
| Fundraising Expense/Total Revenue | 2% | 2% | 2% |
Prior Three Years Assets and Liabilities
| Fiscal Year | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,444,485 | $1,160,455 | $526,700 |
| Current Assets | $1,397,902 | $1,159,264 | $522,272 |
| Long-Term Liabilities | $29,685 | - | - |
| Current Liabilities | $218,768 | $240,978 | $264,526 |
| Total Net Assets | $1,196,032 | $919,477 | $262,174 |
Short Term Solvency
| Fiscal Year | 2024 | 2023 | 2022 |
|---|---|---|---|
| Current Assets/Current Liabilities | 6.39 | 4.81 | 1.97 |
Long Term Solvency
| Fiscal Year | 2024 | 2023 | 2022 |
|---|---|---|---|
| Long Term Liabilities/Total Assets | 2% | - | - |
Endowment/Capital Campaigns
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CONTACT
American Career College Educational Foundation
151 Innovation Dr.
Irvine, California 92617
Jessica Carbajal
Phone: 949-783-4824