Civic Intelligence

African Development Center

990 • Fiscal year 2012 • EIN 20-0553370

Jan 01, 2012 to Dec 31, 2012 • Filed on Jun 06, 2013

Organization ProfileWWW.ADCMINNESOTA.ORG
1931 5th Street South55454
Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

83rd percentile

0.67x

Higher debt load relative to assets than 83% of similar nonprofits.

2012 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2012

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2012

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2012

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2012

Asset Growth

7th percentile

-18%

Faster asset growth than 7% of similar nonprofits.

2012 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2011 to 2012

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Balance Sheet
Liabilities / Assets83rd percentile

Assets

Down

$4,055,940

Down $875,837 (-18%) from 2011

Net Assets

Down

$1,336,601

Down $338,347 (-20%) from 2011

Liabilities

Down

$2,719,339

Down $537,490 (-17%) from 2011

Revenue And Expenses
Liabilities / RevenueScore unavailableNet MarginScore unavailable

Revenue

-

No earlier filing loaded for comparison.

Expenses

Up

$1,057,668

Up $73,588 (+7.5%) from 2011

Net Income

-

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset Growth7th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$30M$20M$10M$0Assets 2010: $4,492,647Liabilities 2010: $2,948,303Net Assets 2010: $1,544,3442010Assets 2011: $4,931,777Liabilities 2011: $3,256,829Net Assets 2011: $1,674,9482011Assets 2012: $4,055,940Liabilities 2012: $2,719,339Net Assets 2012: $1,336,6012012Assets 2013: $4,432,037Liabilities 2013: $2,935,398Net Assets 2013: $1,496,6392013Assets 2014: $3,851,584Liabilities 2014: $2,607,803Net Assets 2014: $1,243,7812014Assets 2015: $3,845,480Liabilities 2015: $2,411,941Net Assets 2015: $1,433,5392015Assets 2016: $3,543,536Liabilities 2016: $2,195,458Net Assets 2016: $1,348,0782016Assets 2017: $4,363,024Liabilities 2017: $2,901,935Net Assets 2017: $1,461,0892017Assets 2018: $6,072,582Liabilities 2018: $4,405,974Net Assets 2018: $1,666,6082018Assets 2019: $6,193,772Liabilities 2019: $4,324,494Net Assets 2019: $1,869,2782019Assets 2020: $11,261,326Liabilities 2020: $7,313,516Net Assets 2020: $3,947,8102020Assets 2021: $18,157,519Liabilities 2021: $11,271,997Net Assets 2021: $6,885,5222021Assets 2022: $17,752,149Liabilities 2022: $9,032,449Net Assets 2022: $8,719,7002022Assets 2023: $21,723,388Liabilities 2023: $9,486,175Net Assets 2023: $12,237,2132023Assets 2024: $24,797,186Liabilities 2024: $9,795,253Net Assets 2024: $15,001,9332024

Highlighted filing

2012

Assets$4,055,940
Liabilities$2,719,339
Net Assets$1,336,601
Open 2012 Filing

Operations Trend

Revenue GrowthScore unavailable

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$6.0M$4.0M$2.0M$0-$2.0MExpenses 2010: $1,006,6192010Expenses 2011: $984,0802011Expenses 2012: $1,057,6682012Revenue 2013: $1,123,534Expenses 2013: $963,496Net Income 2013: $160,0382013Revenue 2014: $776,116Expenses 2014: $661,624Net Income 2014: $114,4922014Revenue 2015: $829,570Expenses 2015: $639,812Net Income 2015: $189,7582015Revenue 2016: $752,574Expenses 2016: $838,035Net Income 2016: -$85,4612016Revenue 2017: $999,211Expenses 2017: $886,200Net Income 2017: $113,0112017Revenue 2018: $1,157,798Expenses 2018: $952,278Net Income 2018: $205,5202018Revenue 2019: $1,243,063Expenses 2019: $1,040,393Net Income 2019: $202,6702019Revenue 2020: $3,230,798Expenses 2020: $1,152,266Net Income 2020: $2,078,5322020Revenue 2021: $5,342,165Expenses 2021: $1,575,452Net Income 2021: $3,766,7132021Revenue 2022: $4,002,961Expenses 2022: $2,168,783Net Income 2022: $1,834,1782022Revenue 2023: $5,205,910Expenses 2023: $1,688,397Net Income 2023: $3,517,5132023Revenue 2024: $4,603,972Expenses 2024: $1,839,252Net Income 2024: $2,764,7202024

Highlighted filing

2012

Revenue-
Expenses$1,057,668
Net Income-
Open 2012 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2012 to Dec 31, 2012
Signed
Jun 6, 2013
Return Version
2012v2.1
Gross Receipts
$730,573
Mission and Program Overview

Mission

The mission of adc is to grow businesses, build wealth and increase reinvestment in the african communities of minnesota.

Filing and Contact Details

Filer

EIN
20-0553370
Raw XML AppendixShowing 400 of 575 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReview00
IRS990/AccountsPayableAccruedExpenses/BOY048129
IRS990/AccountsPayableAccruedExpenses/EOY053235
IRS990/AccountsReceivable/BOY035787
IRS990/AccountsReceivable/EOY083527
IRS990/ActivitiesConductedPartnership00
IRS990/ActivityOrMissionDescription0ADC WORKS WITHIN THE AFRICAN COMMUNITIES OF MINNESOTA TO START AND SUSTAIN SUCCESSFUL BUSINESSES, BUILD ASSETS, AND PROMOTE COMMUNITY REINVESTMENT.
IRS990/AddressPrincipalOfficerUS/AddressLine101931 5TH STREET SOUTH
IRS990/AddressPrincipalOfficerUS/City0MINNEAPOLIS
IRS990/AddressPrincipalOfficerUS/State0MN
IRS990/AddressPrincipalOfficerUS/ZIPCode055454
IRS990/Advertising/ManagementAndGeneral0725
IRS990/Advertising/ProgramServices04218
IRS990/Advertising/Total04943
IRS990/AllOtherContributions0508321
IRS990/AnnualDisclosureCoveredPersons01
IRS990/AuditCommittee01
IRS990/BenefitsPaidToMembersCY00
IRS990/BenefitsPaidToMembersPriorYear00
IRS990/BsnssRltnshpThruFamilyMember00
IRS990/BsnssRltnshpWithOrganization00
IRS990/CashNonInterestBearing/BOY0203792
IRS990/CashNonInterestBearing/EOY0192352
IRS990/ChangesToOrganizingDocs00
IRS990/CollectionsOfArt00
IRS990/CompCurrentOfficersDirectors/Fundraising013060
IRS990/CompCurrentOfficersDirectors/ManagementAndGeneral034374
IRS990/CompCurrentOfficersDirectors/ProgramServices052428
IRS990/CompCurrentOfficersDirectors/Total099862
IRS990/CompensationFromOtherSources00
IRS990/CompensationProcessCEO01
IRS990/CompensationProcessOther01
IRS990/ComplianceWithBackupWitholding01
IRS990/ConferencesMeetings/Fundraising07866
IRS990/ConferencesMeetings/ManagementAndGeneral0556
IRS990/ConferencesMeetings/ProgramServices016024
IRS990/ConferencesMeetings/Total024446
IRS990/ConflictOfInterestPolicy01
IRS990/ConservationEasements00
IRS990/ConsolidatedAuditFinancialStmt01
IRS990/ContributionsGrantsCurrentYear0589813
IRS990/ContributionsGrantsPriorYear01000686
IRS990/CreditCounseling00
IRS990/DecisionsSubjectToApproval00
IRS990/DeductibleContributionsOfArt00
IRS990/DeductibleNonCashContributions00
IRS990/DelegationOfManagementDuties00
IRS990/DepreciationDepletion/ManagementAndGeneral03478
IRS990/DepreciationDepletion/ProgramServices019695
IRS990/DepreciationDepletion/Total023173
IRS990/DescribedIn501C301
IRS990/Description0ADC'S CULTURALLY COMPETENT BUSINESS DEVELOPMENT SERVICES AND ITS PARTNERSHIPS WITH CRUCIAL FUNDING SOURCES HAVE DIRECTLY CONTRIBUTED TO THE SURGE IN AFRICAN-OWNED BUSINESSES THROUGHOUT MINNESOTA. IN ADDITION TO ONGOING TECHNICAL ASSISTANCE, ADC OFFERS AT LEAST THREE START-UP BUSINESS WORKSHOPS EACH YEAR IN THE TWIN CITIES AND AT LEAST TWO IN GREATER MINNESOTA IN 2012 (WILLMAR/ST. CLOUD AND ROCHESTER). MORE THAN 100 BUSINESS CLASS GRADUATES PARTICIPATED IN WORKSHOPS IN THE TWIN CITIES AND GREATER MN. AFTER COMPLETION OF THE WORKSHOP, CLIENTS READY TO START THEIR BUSINESSES ENGAGE IN ONE-ON-ONE GUIDANCE WITH ADC'S BUSINESS LENDERS. IN 2012, ADC MADE 14 LOANS; LEVERAGED OVER $230K WITH A TOTAL PROJECT COSTS OF $523.5K, CREATED 29 NEW JOBS AND RETAINED 19. ADDITIONALLY, ADC HOLDS "HOMESTRETCH" WORKSHOPS THE FIRST SATURDAY OF EACH MONTH FOR FIRST-TIME HOME BUYERS IN THE TWIN CITIES. OVER 20 WORKSHOPS WERE HELD THROUGHOUT THE YEAR IN GREATER MINNESOTA. IN 2012, NEARLY 400 COMMUNITY MEMBERS SUCCESFULLY COMPLETED THESE WORKSHOPS.
IRS990/DisregardedEntity00
IRS990/DocumentRetentionPolicy01
IRS990/DonorAdvisedFunds00
IRS990/ElectionOfBoardMembers00
IRS990/EmploymentTaxReturnsFiled01
IRS990/ExcessBenefitTransaction00
IRS990/Expense0805073
IRS990/FamilyOrBusinessRelationship00
IRS990/FederalGrantAuditRequired00
IRS990/FeesForServicesAccounting/ManagementAndGeneral014852
IRS990/FeesForServicesAccounting/ProgramServices012625
IRS990/FeesForServicesAccounting/Total027477
IRS990/FeesForServicesLegal/ProgramServices02857
IRS990/FeesForServicesLegal/Total02857
IRS990/FeesForServicesLobbying/Fundraising09000
IRS990/FeesForServicesLobbying/Total09000
IRS990/FeesForServicesOther/ManagementAndGeneral04146
IRS990/FeesForServicesOther/ProgramServices030018
IRS990/FeesForServicesOther/Total034164
IRS990/FollowSFAS1170X
IRS990/ForeignActivities00
IRS990/ForeignFinancialAccount00
IRS990/ForeignOffice00
IRS990/Form8282PropertyDisposedOf00
IRS990/Form990PartVIISectionA/AverageHoursPerWeek01.00
IRS990/Form990PartVIISectionA/AverageHoursPerWeek11.00
IRS990/Form990PartVIISectionA/AverageHoursPerWeek21.00
IRS990/Form990PartVIISectionA/AverageHoursPerWeek31.00
IRS990/Form990PartVIISectionA/AverageHoursPerWeek41.00
IRS990/Form990PartVIISectionA/AverageHoursPerWeek51.00
IRS990/Form990PartVIISectionA/AverageHoursPerWeek61.00
IRS990/Form990PartVIISectionA/AverageHoursPerWeek740.00
IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector0X
IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector1X
IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector2X
IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector3X
IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector4X
IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector5X
IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector6X
IRS990/Form990PartVIISectionA/NamePerson0ABDIRASHID SHIRE
IRS990/Form990PartVIISectionA/NamePerson1JO ANN VANO
IRS990/Form990PartVIISectionA/NamePerson2BAMSON FADIPE
IRS990/Form990PartVIISectionA/NamePerson3LEAH MTEGHA
IRS990/Form990PartVIISectionA/NamePerson4YUSUF AHMED
IRS990/Form990PartVIISectionA/NamePerson5ABDRASHID SAID
IRS990/Form990PartVIISectionA/NamePerson6ABDIKAFAR ADEN
IRS990/Form990PartVIISectionA/NamePerson7HUSSEIN SAMATAR
IRS990/Form990PartVIISectionA/Officer0X
IRS990/Form990PartVIISectionA/Officer1X
IRS990/Form990PartVIISectionA/Officer2X
IRS990/Form990PartVIISectionA/OtherCompensation00
IRS990/Form990PartVIISectionA/OtherCompensation10
IRS990/Form990PartVIISectionA/OtherCompensation20
IRS990/Form990PartVIISectionA/OtherCompensation30
IRS990/Form990PartVIISectionA/OtherCompensation44541
IRS990/Form990PartVIISectionA/OtherCompensation50
IRS990/Form990PartVIISectionA/OtherCompensation60
IRS990/Form990PartVIISectionA/OtherCompensation77322
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization00
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization10
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization20
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization30
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization435811
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization50
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization60
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization792540
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs00
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs10
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs20
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs30
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs40
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs50
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs60
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs70
IRS990/Form990PartVIISectionA/Title0DIRECTOR
IRS990/Form990PartVIISectionA/Title1TREASUER/SECRETARY
IRS990/Form990PartVIISectionA/Title2PRESIDENT
IRS990/Form990PartVIISectionA/Title3DIRECTOR
IRS990/Form990PartVIISectionA/Title4DIRECTOR
IRS990/Form990PartVIISectionA/Title5DIRECTOR
IRS990/Form990PartVIISectionA/Title6DIRECTOR
IRS990/Form990PartVIISectionA/Title7EXECUTIVE DIRECTOR
IRS990/Form990ProvidedToGoverningBody01
IRS990/FormersListed00
IRS990/FSAudited01
IRS990/FSAuditedBasis/FinancialStatementConsolidated0X
IRS990/FundraisingActivities01
IRS990/FundraisingDirectExpenses011252
IRS990/FundsToPayPremiums00
IRS990/Gaming00
IRS990/GovernmentGrants081492
IRS990/Grants011118
IRS990/GrantsAndSimilarAmntsCY011118
IRS990/GrantsAndSimilarAmntsPriorYear00
IRS990/GrantsToDomesticIndividuals/ProgramServices01000
IRS990/GrantsToDomesticIndividuals/Total01000
IRS990/GrantsToDomesticOrgs/ProgramServices010118
IRS990/GrantsToDomesticOrgs/Total010118
IRS990/GrantsToIndividuals00
IRS990/GrantsToOrganizations01
IRS990/GrantToRelatedPerson00
IRS990/GrossIncomeFundraisingEvents019236
IRS990/GrossReceipts0730573
IRS990/GroupReturnForAffiliates00
IRS990/Hospital00
IRS990/IndependentAuditFinancialStmt00
IRS990/IndoorTanningServices00
IRS990/InfoInScheduleOPartIII0X
IRS990/InfoInScheduleOPartVI0X
IRS990/InfoInScheduleOPartVII0X
IRS990/InfoInScheduleOPartXII0X
IRS990/InformationTechnology/ManagementAndGeneral0267
IRS990/InformationTechnology/ProgramServices02283
IRS990/InformationTechnology/Total02550
IRS990/Insurance/ManagementAndGeneral01319
IRS990/Insurance/ProgramServices06308
IRS990/Insurance/Total07627
IRS990/Interest/ManagementAndGeneral0162
IRS990/Interest/ProgramServices025111
IRS990/Interest/Total025273
IRS990/InvestmentIncomeCurrentYear03148
IRS990/InvestmentIncome/ExclusionAmount03148
IRS990/InvestmentIncomePriorYear08248
IRS990/InvestmentIncome/TotalRevenueColumn03148
IRS990/InvestmentInJointVenture00
IRS990/InvestmentsProgramRelated/BOY0453749
IRS990/InvestmentsProgramRelated/EOY0473658
IRS990/LandBldgEquipmentAccumDeprec0139110
IRS990/LandBuildingsEquipmentBasis0209549
IRS990/LandBuildingsEquipmentBasisNet/BOY071675
IRS990/LandBuildingsEquipmentBasisNet/EOY070439
IRS990/LoanToOfficerOrDQP00
IRS990/LobbyingActivities01
IRS990/LocalChapters00
IRS990/MaterialDiversionOrMisuse00
IRS990/MembersOrStockholders00
IRS990/MethodOfAccountingAccrual0X
IRS990/MinutesOfCommittees01
IRS990/MinutesOfGoverningBody01
IRS990/MissionDescription0ADC'S MISSION IS TO WORK WITHIN AFRICAN COMMUNITIES IN MINNESOTA TO START AND SUSTAIN SUCCESSFUL BUSINESSES, BUILD ASSETS, AND PROMOTE COMMUNITY REINVESTMENT.
IRS990/MoreThan5000KToIndividuals00
IRS990/MoreThan5000KToOrganizations00
IRS990/MortNotesPyblSecuredInvestProp/BOY01166667
IRS990/MortNotesPyblSecuredInvestProp/EOY01160718
IRS990/NameOfPrincipalOfficerPerson0HUSSEIN SAMATAR
IRS990/NbrIndependentVotingMembers06
IRS990/NbrVotingGoverningBodyMembers06
IRS990/NbrVotingMembersGoverningBody06
IRS990/NetAssetsOrFundBalancesBOY01674948
IRS990/NetAssetsOrFundBalancesEOY01336601
IRS990/NetIncomeFromFundraisingEvents/ExclusionAmount07984
IRS990/NetIncomeFromFundraisingEvents/TotalRevenueColumn07984
IRS990/NetUnrelatedBusinessTxblIncome00
IRS990/NonDeductibleContributions00
IRS990/NumberFormsTransmittedWith109608
IRS990/NumberIndependentVotingMembers06
IRS990/NumberIndividualsGT100K00
IRS990/NumberOfContractorsGT100K00
IRS990/NumberOfEmployees012
IRS990/NumberW2GIncluded00
IRS990/Occupancy/Fundraising05000
IRS990/Occupancy/ManagementAndGeneral010300
IRS990/Occupancy/ProgramServices086700
IRS990/Occupancy/Total0102000
IRS990/OfficeExpenses/Fundraising0160
IRS990/OfficeExpenses/ManagementAndGeneral08226
IRS990/OfficeExpenses/ProgramServices047396
IRS990/OfficeExpenses/Total055782
IRS990/OfficerEntityWithBsnssRltnshp00
IRS990/OfficerMailingAddress00
IRS990/Organization501c30X
IRS990/OtherAssetsTotal/BOY00
IRS990/OtherAssetsTotal/EOY00
IRS990/OtherEmployeeBenefits/Fundraising079
IRS990/OtherEmployeeBenefits/ManagementAndGeneral0141
IRS990/OtherEmployeeBenefits/ProgramServices027628
IRS990/OtherEmployeeBenefits/Total027848
IRS990/OtherExpensePriorYear0391072
IRS990/OtherExpensesCurrentYear0415478
IRS990/OtherExpenses/Description0CONSULTANTS
IRS990/OtherExpenses/Description1PROVISION FOR LOAN LOSS
IRS990/OtherExpenses/Description2PROGRAM EXPENSES
IRS990/OtherExpenses/Description3MISCELLANEOUS
IRS990/OtherExpenses/Fundraising010280
IRS990/OtherExpenses/Fundraising160
IRS990/OtherExpenses/ManagementAndGeneral04487
IRS990/OtherExpenses/ManagementAndGeneral11797
IRS990/OtherExpenses/ProgramServices025418
IRS990/OtherExpenses/ProgramServices124685
IRS990/OtherExpenses/ProgramServices210607
IRS990/OtherExpenses/ProgramServices34373
IRS990/OtherExpenses/Total040185
IRS990/OtherExpenses/Total124685
IRS990/OtherExpenses/Total210607
IRS990/OtherExpenses/Total36230
IRS990/OtherLiabilities/BOY02042033
IRS990/OtherLiabilities/EOY01505386
IRS990/OtherNotesLoansReceivableNet/BOY02440363
IRS990/OtherNotesLoansReceivableNet/EOY01954817
IRS990/OtherRevenueCurrentYear07984
IRS990/OtherRevenuePriorYear00
IRS990/OtherSalariesAndWages/Fundraising027942
IRS990/OtherSalariesAndWages/ManagementAndGeneral080822
IRS990/OtherSalariesAndWages/ProgramServices0349191
IRS990/OtherSalariesAndWages/Total0457955
IRS990/OtherWebsite0X
IRS990/OwnWebsite0X
IRS990/PartialLiquidation00
IRS990/PayrollTaxes/Fundraising03252
IRS990/PayrollTaxes/ManagementAndGeneral09396
IRS990/PayrollTaxes/ProgramServices032759
IRS990/PayrollTaxes/Total045407
IRS990/PledgesAndGrantsReceivable/BOY0530000
IRS990/PledgesAndGrantsReceivable/EOY0500000
IRS990/PoliticalActivities00
IRS990/PremiumsPaid00
IRS990/PrepaidExpensesDeferredCharges/BOY027359
IRS990/PrepaidExpensesDeferredCharges/EOY0229
IRS990/PriorExcessBenefitTransaction00
IRS990/ProfessionalFundraising00
IRS990/ProgramServiceRevenue/BusinessCode0900099
IRS990/ProgramServiceRevenue/BusinessCode1900099
IRS990/ProgramServiceRevenue/BusinessCode2900099
IRS990/ProgramServiceRevenue/BusinessCode3900099
IRS990/ProgramServiceRevenue/BusinessCode4900099
IRS990/ProgramServiceRevenueCY0118376
IRS990/ProgramServiceRevenue/Description0PROGRAM SERVICE FEES
IRS990/ProgramServiceRevenue/Description1INTEREST INCOME-LOANS
IRS990/ProgramServiceRevenue/Description2SWEDISH DELEGATION PAY
IRS990/ProgramServiceRevenue/Description3MISCELLANEOUS INCOME
IRS990/ProgramServiceRevenue/Description4LOSS FROM SUBSIDIARIES
IRS990/ProgramServiceRevenuePriorYear0105750
IRS990/ProgramServiceRevenue/RelatedOrExemptFunctionIncome072652
IRS990/ProgramServiceRevenue/RelatedOrExemptFunctionIncome161102
IRS990/ProgramServiceRevenue/RelatedOrExemptFunctionIncome29388
IRS990/ProgramServiceRevenue/RelatedOrExemptFunctionIncome34368
IRS990/ProgramServiceRevenue/RelatedOrExemptFunctionIncome4-29134
IRS990/ProgramServiceRevenue/TotalRevenueColumn072652
IRS990/ProgramServiceRevenue/TotalRevenueColumn161102
IRS990/ProgramServiceRevenue/TotalRevenueColumn29388
IRS990/ProgramServiceRevenue/TotalRevenueColumn34368
IRS990/ProgramServiceRevenue/TotalRevenueColumn4-29134
IRS990/ProhibitedTaxShelterTrans00
IRS990/QuidProQuoContributions00
IRS990/ReconcilationOtherChanges00
IRS990/ReconcilationRevenueExpenses0-338347
IRS990/RegularMonitoringEnforcement01
IRS990/RelatedEntity01
IRS990/RelatedOrgControlledEntity00
IRS990/ReportFin48Footnote01
IRS990/ReportInvestOthSecurities00
IRS990/ReportLandBldgEquip01
IRS990/ReportOtherAssets00
IRS990/ReportOtherLiabilities01
IRS990/ReportProgRelInvest01
IRS990/Revenue0118376
IRS990/RevenuesLessExpensesCY0-338347
IRS990/RevenuesLessExpensesPriorYear0130604
IRS990/SalariesEtcCurrentYear0631072
IRS990/SalariesEtcPriorYear0586839
IRS990/SavingsAndTempCashInvestments/BOY01169052
IRS990/SavingsAndTempCashInvestments/EOY0780918
IRS990ScheduleA/AmountsSubstContributorsTotal01046936
IRS990ScheduleA/GiftsGrantsContribReceived170/CurrentTaxYear0589813
IRS990ScheduleA/GiftsGrantsContribReceived170/CurrentTaxYearMinus1Year01000686
IRS990ScheduleA/GiftsGrantsContribReceived170/CurrentTaxYearMinus2Years01345554
IRS990ScheduleA/GiftsGrantsContribReceived170/CurrentTaxYearMinus3Years01185189
IRS990ScheduleA/GiftsGrantsContribReceived170/CurrentTaxYearMinus4Years0533044
IRS990ScheduleA/GiftsGrantsContribReceived170/Total04654286
IRS990ScheduleA/GrossInvestmentIncome170/CurrentTaxYear03148
IRS990ScheduleA/GrossInvestmentIncome170/CurrentTaxYearMinus1Year08248
IRS990ScheduleA/GrossInvestmentIncome170/CurrentTaxYearMinus2Years07578
IRS990ScheduleA/GrossInvestmentIncome170/CurrentTaxYearMinus3Years09603
IRS990ScheduleA/GrossInvestmentIncome170/CurrentTaxYearMinus4Years015578
IRS990ScheduleA/GrossInvestmentIncome170/Total044155
IRS990ScheduleA/GrossReceiptsFromAdmissionsEtc0621518
IRS990ScheduleA/PubliclySupportedOrg170b1Avi0X
IRS990ScheduleA/PublicSupportPertcentage17000.76780
IRS990ScheduleA/PublicSupportPertcentPriorYear00.76300
IRS990ScheduleA/PublicSupportTotal17003607350
IRS990ScheduleA/ThirtyThreePercntTestsCY1700X
IRS990ScheduleA/Total170/CurrentTaxYear0589813
IRS990ScheduleA/Total170/CurrentTaxYearMinus1Year01000686
IRS990ScheduleA/Total170/CurrentTaxYearMinus2Years01345554
IRS990ScheduleA/Total170/CurrentTaxYearMinus3Years01185189
IRS990ScheduleA/Total170/CurrentTaxYearMinus4Years0533044
IRS990ScheduleA/Total170/Total04654286
IRS990ScheduleA/TotalSupport04698441
IRS990ScheduleB/ContributorInfo/AggregateContributions0RESTRICTED
IRS990ScheduleB/ContributorInfo/ContributorAddressUS/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInfo/ContributorAddressUS/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInfo/ContributorAddressUS/City0RESTRICTED
IRS990ScheduleB/ContributorInfo/ContributorAddressUS/State0RESTRICTED
IRS990ScheduleB/ContributorInfo/ContributorAddressUS/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInfo/ContributorNameBusiness/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInfo/ContributorNumber0RESTRICTED
IRS990/ScheduleBRequired01
IRS990ScheduleC/DirectContactLegislators00
IRS990ScheduleC/Form990ScheduleCPartIV/Explanation0THE AFRICAN DEVELOPMENT CENTER PAID $9,000 TO ALL MEDIA PUBLIC AFFAIRS FOR THE SERVICES OF A LOBBYIST THEY HIRED TO LOBBY THE STATE LEGISLATURE REGARDING FUNDING FOR THE JOBS RELATED PROGRAM.
IRS990ScheduleC/Form990ScheduleCPartIV/Identifier0EXPLANATION OF LOBBYING ACTIVITIES:
IRS990ScheduleC/Form990ScheduleCPartIV/ReturnReference0PART II-B, LINE 1:
IRS990ScheduleC/GrantsOtherOrganizations00
IRS990ScheduleC/MailingsMembers00
IRS990ScheduleC/MediaAdvertisements00
IRS990ScheduleC/NotDescribedIn501c300
IRS990ScheduleC/OtherActivities01
IRS990ScheduleC/OtherActivitiesAmount09000
IRS990ScheduleC/PaidStaffOrManagement00
IRS990ScheduleC/PublicationsOrBroadcast00
IRS990ScheduleC/RalliesDemonstrations00
IRS990ScheduleC/TotalLobbyingExpendituresIIB09000
IRS990ScheduleC/Volunteers00
IRS990ScheduleD/Equipment/BookValue070439
IRS990ScheduleD/Equipment/Depreciation0139110
IRS990ScheduleD/Equipment/OtherCostOrOtherBasis0209549
IRS990ScheduleD/FootnoteInPartXIII0X
IRS990ScheduleD/Form990ScheduleDPartXIII/Explanation0ADC IS CLASSIFIED AS A TAX-EXEMPT ORGANIZATION UNDER MINNESOTA STATUTE 290.05 AND SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND IS EXEMPT FROM PRIVATE FOUNDATION STATUS UNDER SECTION 509(A)(1) OF THE INTERNAL REVENUE CODE AND IS SUBJECT TO INCOME TAXES ONLY ON NET UNRELATED BUSINESS INCOME. ADC DID NOT HAVE ANY UNRELATED BUSINESS INCOME IN 2012 OR 2011. FEDERAL AND STATE TAX AUTHORITIES GENERALLY HAVE THE RIGHT TO EXAMINE THE CURRENT AND THREE PREVIOUS YEARS OF INCOME TAX RETURNS. THE COMPANIES ARE NOT CURRENTLY UNDER EXAMINATION BY ANY TAXING JURISDICTION.
IRS990ScheduleD/Form990ScheduleDPartXIII/Identifier0DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48:
IRS990ScheduleD/Form990ScheduleDPartXIII/ReturnReference0PART X, LINE 2:
IRS990ScheduleD/InvestmentsProgramRelated/BookValue0473658
IRS990ScheduleD/InvestmentsProgramRelated/Description0INVESTMENT IN SUBSIDIARIES
IRS990ScheduleD/InvestmentsProgramRelated/MethodOfValuation0F
IRS990ScheduleD/OtherLiabilities/Amount072882
IRS990ScheduleD/OtherLiabilities/Amount11081254
IRS990ScheduleD/OtherLiabilities/Amount2351250
IRS990ScheduleD/OtherLiabilities/Description0FUNDS HELD FOR LOANS
IRS990ScheduleD/OtherLiabilities/Description1LOAN PARTICIPATIONS
IRS990ScheduleD/OtherLiabilities/Description2DUE TO STATE OF MINNESOTA
IRS990ScheduleD/TotalOfAmounts01505386
IRS990ScheduleD/TotalOfBookValueLandBuildings070439
IRS990ScheduleD/TotalOfBookValueProgramRelated0473658
IRS990ScheduleG/EventsInformation/DirectExpenseSummaryEvents011252
IRS990ScheduleG/EventsInformation/GrossReceiptsEvent1019236
IRS990ScheduleG/EventsInformation/GrossReceiptsTotal019236
IRS990ScheduleG/EventsInformation/GrossRevenueEvent1019236
IRS990ScheduleG/EventsInformation/GrossRevenueTotalEvents019236
IRS990ScheduleG/EventsInformation/NameOfEvent10ANNUAL GALA
IRS990ScheduleG/EventsInformation/NetIncomeSummary07984
IRS990ScheduleG/EventsInformation/OtherDirectExpensesEvent1011252
IRS990ScheduleG/EventsInformation/OtherDirectExpensesTotalEvents011252
IRS990ScheduleI/Form990ScheduleIPartIV/Explanation0SCHEDULE I, PART I, LINE 2: SMALL GRANTS ARE GIVEN TO COMMUNITY ORGANIZATIONS WHO ARE ALIGNED IN ADC'S MISSION AND VALUES. ADC WORKS CLOSELY AND MAINTAINS CLOSE CONTACT WITH THESE ORGANIZATIONS.
IRS990ScheduleI/Form990ScheduleIPartIV/Identifier0PROCEDURE FOR MONITORING GRANTS IN THE U.S.:
IRS990ScheduleI/Form990ScheduleIPartIV/ReturnReference0PART I, LINE 2:
IRS990ScheduleI/RecordsMaintained01
IRS990ScheduleI/TotalNbrOf501C3AndGovtGrants00
IRS990ScheduleI/TotalNbrOfOtherOrganizations00
IRS990/ScheduleJRequired00
IRS990ScheduleO/GeneralExplanation/Explanation0THE EXECUTIVE AND FINANCE COMMITTEE REVIEWS THE FORM 990, AND THEN THE BOARD ACCEPTS THE RECOMMENDATION OF THE COMMITTEE. NEXT YEAR AFRICAN DEVELOPMENT CENTER WILL BE FORMING AN AUDIT COMMITTEE, AND THEY WILL BE INVOLVED IN REVIEWING THE 990 AS WELL.

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2012 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$4,055,940
Liabilities
$2,719,339
Net assets
$1,336,601
Revenue
-
Expenses
$1,057,668
Net income
-
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$24.8$9.80$15.0$4.60$1.84$2.76
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$21.7$9.49$12.2$5.21$1.69$3.52
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$17.8$9.03$8.72$4.00$2.17$1.83
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$18.2$11.3$6.89$5.34$1.58$3.77
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$11.3$7.31$3.95$3.23$1.15$2.08
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.19$4.32$1.87$1.24$1.04$0.20
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.07$4.41$1.67$1.16$0.95$0.21
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.36$2.90$1.46$1.00$0.89$0.11
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.54$2.20$1.35$0.75$0.84$0.09
2015Detailed filing. Detailed filing data is available for this year.$3.85$2.41$1.43$0.83$0.64$0.19
2014Detailed filing. Detailed filing data is available for this year.$3.85$2.61$1.24$0.78$0.66$0.11
2013XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.43$2.94$1.50$1.12$0.96$0.16
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.06$2.72$1.34$1.06
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.93$3.26$1.67$0.98
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.49$2.95$1.54$1.01