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ACCOUNT CONTROL TECHNOLOGY FOUNDATION INC

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Tax-exempt status may be revoked

ACCOUNT CONTROL TECHNOLOGY FOUNDATION INC

EIN 46-0947419 · Scholarships, Student Financial Aid Services, Awards

What they do

THE ACT FOUNDATION SECOND-YEAR SCHOLARSHIP PROGRAM is for CURRENT COLLEGE FIRST-YEAR STUDENTS WHO PLAN to ENROLL AS SOPHOMORES IN A FOUR-YEAR COLLEGE or UNIVERSITY IN THE FALL of 2018. A TOTAL of NINE $1,000 SCHOLARSHIPS WILL BE AWARDED to STUDENTS NATIONWIDE.THE ACT CARES COMMUNITY SCHOLARSHIP PROGRAM is for GRADUATING HIGH SCHOOL SENIORS FROM SPECIFIC COMMUNITIES WHO WILL ATTEND A FOUR-YEAR COLLEGE or UNIVERSITY BEGINNING IN THE FALL of 2018. APPLICANTS MUST BE CURRENT SENIORS AT HIGH SCHOOLS WITHIN SELECT COUNTIES SURROUNDING OUR ACT HOLDINGS, INC. OFFICES INCLUDING KERN, LOS ANGELES and ORANGE COUNTIES IN CALIFORNIA; BULTER, CLERMONT, HAMILTON and WARREN COUNTIES IN OHIO; DALLAS, DENTON, COLLIN, HARRIS, MONTGOMERY, TOM GREEN, BEXAR & MEDINA and FORT BEND COUNTIES IN TEXAS; FULTON, DEKALB, AUGUSTA-RICHMOND, and COLUMBIA COUNTIES IN GEORGIA; PALM BEACH COUNTY IN FLORIDA; PRINCE WILLIAM COUNTY IN VIRGINIA; MONTGOMERY COUNTY IN ALABAMA; PEORIA COUNTY IN ILLINOIS; MARICOPA COUNTY IN ARI

Before you give

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This record may have an IRS status problem. Do not give until you verify it.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkThere may be a problem with its nonprofit status. Check before giving.

Money report from 2018The report may be old. Ask for a newer one.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders3 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

79.30%of revenue went to mission work64.6% of expenses · Program services
$122.66spent for every $100 of revenueSpending was higher than revenue this year.
$0.14in assets for every $1 spent this yearSome assets cannot be spent right away.
100.0%of its money came from giftsOther money may come from services or investments.

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  2. What will my money do? Ask exactly what your gift will pay for.
  3. Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $12,609 this year. Ask whether that was planned or caused by a one-time event.

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Money

Financial picture

Tax year 2018

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$55,643
Mission workProgram services$44,12379.30% of revenue64.6% of expenses
ManagementOffice and general costs0.00% of revenue0.0% of expenses
FundraisingAsking for donations0.00% of revenue0.0% of expenses
Total expenses$68,252122.66% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails
2018CurrentExpense mix: 64.6% mission · 0.0% management · 0.0% fundraisingTotal expenses: 122.66% of revenue
2017Expense mix: 68.7% mission · 0.0% management · 0.0% fundraisingTotal expenses: 71.00% of revenue
2016Expense mix: 81.4% mission · 0.0% management · 0.0% fundraisingTotal expenses: 99.39% of revenue

Money in and money out

Revenue$55,643
Expenses$68,252
Annual shortfall $12,609 Expenses were higher than revenue for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$44,123 · 64.6% of expenses
See all reported dollar amounts
Revenue$55,643
Expenses$68,252
Assets$9,430
Income$55,643
Contributions$55,643
Mission work (program services)$44,123
People

Leadership and board

Tax year 2018

Names, titles, time, and compensation below are reported by the organization on its Form 990.

No compensation was reported for these leaders. The complete board and leadership roster is shown below.

Board and leadership roster (3)

DALE VAN DELLENCHAIRMAN

JAMES GATESTREASURER

MIKE MYERSCEO

About this charity

Location
21700 OXNARD ST NO 1860, WOODLAND HILLS, CA 91367
County
Los Angeles
In care of
MIKE MYERS
Primary officer
MIKE MYERS, CEO

How to reach them

Filing and classification

Latest tax year
2018
Tax period began
January 1, 2018
Return type
990EZ
Tax preparer
GREEN HASSON & JANKS LLP
IRS tax category
Scholarships, Student Financial Aid Services, Awards
Revocation date
May 15, 2022

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About this report: Information comes from public nonprofit records and may show the latest filing available.

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