Liabilities / Assets
80th percentile
Higher debt load relative to assets than 80% of similar nonprofits.
990 • Fiscal year 2020 • EIN 20-0553370
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
80th percentile
Higher debt load relative to assets than 80% of similar nonprofits.
Liabilities / Revenue
88th percentile
Higher debt load relative to revenue than 88% of similar nonprofits.
Net Margin
94th percentile
Higher net margin than 94% of similar nonprofits.
Top Officer Pay
36th percentile
Higher top officer pay than 36% of similar nonprofits.
Top officer pay equals 4.2% of source-year revenue.
Asset Growth
94th percentile
Faster asset growth than 94% of similar nonprofits.
Revenue Growth
96th percentile
Faster revenue growth than 96% of similar nonprofits.
Assets
Up$11,261,326
Up $5,067,554 (+82%) from 2019
Net Assets
Up$3,947,810
Up $2,078,532 (+111%) from 2019
Liabilities
Up$7,313,516
Up $2,989,022 (+69%) from 2019
Revenue
Up$3,230,798
Up $1,987,735 (+160%) from 2019
Expenses
Up$1,152,266
Up $111,873 (+11%) from 2019
Net Income
Up$2,078,532
Up $1,875,862 (+926%) from 2019
The mission of adc is to grow businesses, build wealth and increase reinvestment in the african communities of minnesota.
The mission of adc is to grow businesses, build wealth and increase reinvestement in the african communities of minnesota.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Other Notes and Loans Receivable, Net | $3,318,329 | $4,569,786 | ▲ $1,251,457 |
| Cash and Non-Interest-Bearing Accounts | $797,192 | $3,045,912 | ▲ $2,248,720 |
| Savings and Temporary Cash Investments | $1,474,520 | $3,040,805 | ▲ $1,566,285 |
| Pledges and Grants Receivable | $287,944 | $212,413 | ▼ $75,531 |
| Investments Program Related | $160,675 | $187,440 | ▲ $26,765 |
| Accounts Receivable | $121,974 | $172,152 | ▲ $50,178 |
| Land, Buildings, and Equipment, Net | $30,357 | $30,207 | ▼ $150 |
| Prepaid Expenses and Deferred Charges | $2,781 | $2,611 | ▼ $170 |
| Total Assets | $6,193,772 | $11,261,326 | ▲ $5,067,554 |
| Liabilities | |||
| Mortgage Notes Payable Secured by Investment Property | $1,781,481 | $2,859,024 | ▲ $1,077,543 |
| Unsecured Notes Loans Payable | $1,707,578 | $2,334,185 | ▲ $626,607 |
| Other Liabilities | $786,892 | $2,027,867 | ▲ $1,240,975 |
| Accounts Payable and Accrued Expenses | $48,543 | $65,940 | ▲ $17,397 |
| Deferred Revenue | - | $26,500 | - |
| Total Liabilities | $4,324,494 | $7,313,516 | ▲ $2,989,022 |
| Net Assets / Fund Balance | |||
| Net Assets Without Donor Restrictions | $992,578 | $2,825,527 | ▲ $1,832,949 |
| Net Assets With Donor Restrictions | $876,700 | $1,122,283 | ▲ $245,583 |
| Total Net Assets Fund Balance | $1,869,278 | $3,947,810 | ▲ $2,078,532 |
| Total Liabilities and Net Assets / Fund Balance | $6,193,772 | $11,261,326 | ▲ $5,067,554 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Equipment | $28,345 | $272,363 | $300,708 |
| Leasehold Improvements | $1,862 | $3,071 | $4,933 |
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| Nasibu Sareva | Executive Director | FT | $124,371 | $11,498 | $135,869 |
| Name | Title |
|---|---|
| Jo Ann Vano | President |
| Felicia Ravelomanantsoa | Vice President |
| Anthony Watts | Director |
| Bruce Nordin | Director |
| Daika Ismail | Director |
| Damon Jenkins | Director |
| Edwin Migiro | Director |
| Kaade Wallace | Director |
| Mike Stinson | Director |
| Paul Fehrenbach | Director |
| Ubah Ali Jama | Director |
| Vernon Doswell | Director |
| Leah Mtegha | Secretary |
| Abdikafar Aden | Treasurer |
| Line Item | Amount |
|---|---|
| Other Expenses | $571,739 |
| Salaries, Compensation, and Employee Benefits | $540,568 |
| Total Fundraising Expense | $63,074 |
| Grants and Similar Amounts Paid | $39,959 |
| Professional Fundraising Fees | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Other Salaries and Wages | $263,871 | $23,943 | $53,500 | $341,314 |
| Occupancy | $116,682 | $19,455 | - | $136,137 |
| Current Officers, Directors, Trustees, and Key Employees | $108,695 | $27,174 | - | $135,869 |
| Fees for Services Other | $39,713 | $79,603 | $356 | $119,672 |
| Office Expenses | $62,686 | $6,127 | $3,608 | $72,421 |
| Interest | $70,237 | $653 | - | $70,890 |
| Fees for Services Accounting | $20,991 | $24,606 | - | $45,597 |
| Grants to Domestic Orgs | $39,959 | - | - | $39,959 |
| Payroll Taxes | $26,670 | $2,992 | $3,922 | $33,584 |
| Other Employee Benefits | $27,867 | $1,512 | $422 | $29,801 |
| Depreciation Depletion | $13,773 | $2,428 | - | $16,201 |
| Insurance | $7,049 | $904 | $1,085 | $9,038 |
| Conferences and Meetings | $2,792 | $818 | - | $3,610 |
| Travel | $1,664 | $1,110 | - | $2,774 |
| Other Expenses | $667 | $1,908 | - | $2,575 |
| Information Technology | $1,174 | $150 | $181 | $1,505 |
| Advertising | $164 | $551 | - | $715 |
| Total Functional Expenses | $895,258 | $193,934 | $63,074 | $1,152,266 |
| Recipient | Location | Category | Purpose | Amount |
|---|---|---|---|---|
| Hope Hair Braiding LLC | Minneapolis, MN | - | To Help Small Business During Covid-19 | $5,000 |
| Minnesota Swahili Christian Congregation | Minneapolis, MN | - | To Help Small Businesses During Covid-19 | $5,000 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
| Liability | Amount |
|---|---|
| Due to State of Minnesota | $1,318,603 |
| Funds Held for Loans | $415,265 |
| Loan Participations | $185,571 |
| Due to Cped | $108,428 |
“The executive committee reviews the form 990, and then the board accepts the recommendation of the committee.”
“Board members sign a document to disclose annual interests that could give rise to conflicts.”
“Employees fill out an evaluation form that will be discussed by the board of directors for the executive director's compensation increment. The executive director evaluates employee's performances and determines the compensation based on their performances and comparability data.”
“Adc has its form 990 publicly available and it is always posted on the organization's website.”
“The governing documents, conflict of interest policy, and finanical statements are available to the public and are always posted on the organization's website.”
“Consultants: program service expenses 33,851. Management and general expenses 75,754. Fundraising expenses 0. Total expenses 109,605. Professional fees: program service expenses 5,862. Management and general expenses 3,849. Fundraising expenses 356. Total expenses 10,067.”
“This process has not changed from the prior year.”
“Adc 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 2020 or 2019.”
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/AccountantCompileOrReviewInd | 0 | 0 |
| IRS990/AccountsPayableAccrExpnssGrp/BOYAmt | 0 | 48543 |
| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 65940 |
| IRS990/AccountsReceivableGrp/BOYAmt | 0 | 121974 |
| IRS990/AccountsReceivableGrp/EOYAmt | 0 | 172152 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | 0 |
| IRS990/ActivityOrMissionDesc | 0 | THE MISSION OF ADC IS TO GROW BUSINESSES, BUILD WEALTH AND INCREASE REINVESTEMENT IN THE AFRICAN COMMUNITIES OF MINNESOTA. |
| IRS990/AdvertisingGrp/ManagementAndGeneralAmt | 0 | 551 |
| IRS990/AdvertisingGrp/ProgramServicesAmt | 0 | 164 |
| IRS990/AdvertisingGrp/TotalAmt | 0 | 715 |
| IRS990/AllOtherContributionsAmt | 0 | 1253291 |
| IRS990/AnnualDisclosureCoveredPrsnInd | 0 | 1 |
| IRS990/AuditCommitteeInd | 0 | 1 |
| IRS990/BackupWthldComplianceInd | 0 | 1 |
| IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt | 0 | AFRICAN DEVELOPMENT CENTER |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 6123334772 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 1931 5TH STREET SOUTH |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | MINNEAPOLIS |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | MN |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 55454 |
| IRS990/BusinessRlnWith35CtrlEntInd | 0 | 0 |
| IRS990/BusinessRlnWithFamMemInd | 0 | 0 |
| IRS990/BusinessRlnWithOrgMemInd | 0 | 0 |
| IRS990/CashNonInterestBearingGrp/BOYAmt | 0 | 797192 |
| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 3045912 |
| IRS990/ChangeToOrgDocumentsInd | 0 | 0 |
| IRS990/CntrctRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/CollectionsOfArtInd | 0 | 0 |
| IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt | 0 | 27174 |
| IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt | 0 | 108695 |
| IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt | 0 | 135869 |
| IRS990/CompensationFromOtherSrcsInd | 0 | 0 |
| IRS990/CompensationProcessCEOInd | 0 | 1 |
| IRS990/CompensationProcessOtherInd | 0 | 1 |
| IRS990/ConferencesMeetingsGrp/ManagementAndGeneralAmt | 0 | 818 |
| IRS990/ConferencesMeetingsGrp/ProgramServicesAmt | 0 | 2792 |
| IRS990/ConferencesMeetingsGrp/TotalAmt | 0 | 3610 |
| IRS990/ConflictOfInterestPolicyInd | 0 | 1 |
| IRS990/ConservationEasementsInd | 0 | 0 |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | 1 |
| IRS990/CreditCounselingInd | 0 | 0 |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/CYContributionsGrantsAmt | 0 | 2983222 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 39959 |
| IRS990/CYInvestmentIncomeAmt | 0 | 7967 |
| IRS990/CYOtherExpensesAmt | 0 | 571739 |
| IRS990/CYOtherRevenueAmt | 0 | 0 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 239609 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | 2078532 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 540568 |
| IRS990/CYTotalExpensesAmt | 0 | 1152266 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 63074 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 3230798 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | 0 |
| IRS990/DeductibleArtContributionInd | 0 | 0 |
| IRS990/DeductibleNonCashContriInd | 0 | 0 |
| IRS990/DeferredRevenueGrp/EOYAmt | 0 | 26500 |
| IRS990/DelegationOfMgmtDutiesInd | 0 | 0 |
| IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt | 0 | 2428 |
| IRS990/DepreciationDepletionGrp/ProgramServicesAmt | 0 | 13773 |
| IRS990/DepreciationDepletionGrp/TotalAmt | 0 | 16201 |
| IRS990/Desc | 0 | ADC'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 HAS AN ENTREPRENEURIAL TRAINING CLASS FOR CLIENTS LOOKING TO START A COMPLETELY NEW BUSINESS. AFTER THE COMPLETION OF THE WORKSHOP, OR CLIENTS COMING IN WITH AN EXISTING BUSINESS ARE READY TO ENGAGE IN ONE-ON-ONE GUIDANCE WITH ADC'S BUSINESS LENDERS. IN 2020, ADC MADE 70 PROJECTS; 74 LOANS, LEVERAGED OVER $2.1 MILLION WITH A TOTAL PROJECT COST OF $2,801,967, CREATED 50 JOBS, AND RETAINED 386.8 JOBS (TOTAL JOBS 436.8). |
| IRS990/DescribedInSection501c3Ind | 0 | 1 |
| IRS990/DisregardedEntityInd | 0 | 0 |
| IRS990/DocumentRetentionPolicyInd | 0 | 1 |
| IRS990/DonorAdvisedFundInd | 0 | 0 |
| IRS990/DonorRestrictionNetAssetsGrp/BOYAmt | 0 | 876700 |
| IRS990/DonorRestrictionNetAssetsGrp/EOYAmt | 0 | 1122283 |
| IRS990/DonorRstrOrQuasiEndowmentsInd | 0 | 0 |
| IRS990/ElectionOfBoardMembersInd | 0 | 0 |
| IRS990/EmployeeCnt | 0 | 8 |
| IRS990/EmploymentTaxReturnsFiledInd | 0 | 1 |
| IRS990/EngagedInExcessBenefitTransInd | 0 | 0 |
| IRS990/ExpenseAmt | 0 | 895258 |
| IRS990/FamilyOrBusinessRlnInd | 0 | 0 |
| IRS990/FederalGrantAuditPerformedInd | 0 | 1 |
| IRS990/FederalGrantAuditRequiredInd | 0 | 1 |
| IRS990/FederatedCampaignsAmt | 0 | 165000 |
| IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt | 0 | 24606 |
| IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt | 0 | 20991 |
| IRS990/FeesForServicesAccountingGrp/TotalAmt | 0 | 45597 |
| IRS990/FeesForServicesOtherGrp/FundraisingAmt | 0 | 356 |
| IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt | 0 | 79603 |
| IRS990/FeesForServicesOtherGrp/ProgramServicesAmt | 0 | 39713 |
| IRS990/FeesForServicesOtherGrp/TotalAmt | 0 | 119672 |
| IRS990/ForeignActivitiesInd | 0 | 0 |
| IRS990/ForeignFinancialAccountInd | 0 | 0 |
| IRS990/ForeignOfficeInd | 0 | 0 |
| IRS990/Form8282PropertyDisposedOfInd | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 0 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 1 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 2 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 3 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 4 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 5 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 6 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 7 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 8 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 9 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 10 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 11 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 12 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 13 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 14 | 50.00 |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 4 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 5 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 6 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 7 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 8 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 9 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 10 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 11 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 12 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 13 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 10 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 11 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 12 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 13 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 14 | 11498 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | JO ANN VANO |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | LEAH MTEGHA |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | ABDIKAFAR ADEN |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | FELICIA RAVELOMANANTSOA |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 4 | MIKE STINSON |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 5 | DAIKA ISMAIL |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 6 | ANTHONY WATTS |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 7 | PAUL FEHRENBACH |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 8 | KAADE WALLACE |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 9 | EDWIN MIGIRO |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 10 | VERNON DOSWELL |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 11 | UBAH ALI JAMA |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 12 | BRUCE NORDIN |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 13 | DAMON JENKINS |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 14 | NASIBU SAREVA |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 10 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 11 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 12 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 13 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 14 | 124371 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 10 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 11 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 12 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 13 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 14 | 0 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | PRESIDENT |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | SECRETARY |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | TREASURER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | VICE PRESIDENT |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 6 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 7 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 8 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 9 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 10 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 11 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 12 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 13 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 14 | EXECUTIVE DIRECTOR |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | 1 |
| IRS990/FormationYr | 0 | 2002 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | 0 |
| IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd | 0 | X |
| IRS990/FSAuditedInd | 0 | 1 |
| IRS990/FundraisingActivitiesInd | 0 | 0 |
| IRS990/GamingActivitiesInd | 0 | 0 |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 14 |
| IRS990/GovernmentGrantsAmt | 0 | 1564931 |
| IRS990/GrantAmt | 0 | 39959 |
| IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt | 0 | 39959 |
| IRS990/GrantsToDomesticOrgsGrp/TotalAmt | 0 | 39959 |
| IRS990/GrantsToIndividualsInd | 0 | 0 |
| IRS990/GrantsToOrganizationsInd | 0 | 1 |
| IRS990/GrantToRelatedPersonInd | 0 | 0 |
| IRS990/GrossReceiptsAmt | 0 | 3230798 |
| IRS990/GroupReturnForAffiliatesInd | 0 | 0 |
| IRS990/IncludeFIN48FootnoteInd | 0 | 1 |
| IRS990/IndependentAuditFinclStmtInd | 0 | 0 |
| IRS990/IndependentVotingMemberCnt | 0 | 14 |
| IRS990/IndivRcvdGreaterThan100KCnt | 0 | 1 |
| IRS990/IndoorTanningServicesInd | 0 | 0 |
| IRS990/InfoInScheduleOPartIXInd | 0 | X |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InfoInScheduleOPartXIIInd | 0 | X |
| IRS990/InformationTechnologyGrp/FundraisingAmt | 0 | 181 |
| IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt | 0 | 150 |
| IRS990/InformationTechnologyGrp/ProgramServicesAmt | 0 | 1174 |
| IRS990/InformationTechnologyGrp/TotalAmt | 0 | 1505 |
| IRS990/InsuranceGrp/FundraisingAmt | 0 | 1085 |
| IRS990/InsuranceGrp/ManagementAndGeneralAmt | 0 | 904 |
| IRS990/InsuranceGrp/ProgramServicesAmt | 0 | 7049 |
| IRS990/InsuranceGrp/TotalAmt | 0 | 9038 |
| IRS990/InterestGrp/ManagementAndGeneralAmt | 0 | 653 |
| IRS990/InterestGrp/ProgramServicesAmt | 0 | 70237 |
| IRS990/InterestGrp/TotalAmt | 0 | 70890 |
| IRS990/InvestmentIncomeGrp/ExclusionAmt | 0 | 7967 |
| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 7967 |
| IRS990/InvestmentInJointVentureInd | 0 | 0 |
| IRS990/InvestmentsProgramRelatedGrp/BOYAmt | 0 | 160675 |
| IRS990/InvestmentsProgramRelatedGrp/EOYAmt | 0 | 187440 |
| IRS990/IRPDocumentCnt | 0 | 10 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LandBldgEquipAccumDeprecAmt | 0 | 275434 |
| IRS990/LandBldgEquipBasisNetGrp/BOYAmt | 0 | 30357 |
| IRS990/LandBldgEquipBasisNetGrp/EOYAmt | 0 | 30207 |
| IRS990/LandBldgEquipCostOrOtherBssAmt | 0 | 305641 |
| IRS990/LegalDomicileStateCd | 0 | MN |
| IRS990/LoanOutstandingInd | 0 | 0 |
| IRS990/LobbyingActivitiesInd | 0 | 0 |
| IRS990/LocalChaptersInd | 0 | 0 |
| IRS990/MaterialDiversionOrMisuseInd | 0 | 0 |
| IRS990/MembersOrStockholdersInd | 0 | 0 |
| IRS990/MethodOfAccountingAccrualInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | 1 |
| IRS990/MinutesOfGoverningBodyInd | 0 | 1 |
| IRS990/MissionDesc | 0 | THE MISSION OF ADC IS TO GROW BUSINESSES, BUILD WEALTH AND INCREASE REINVESTMENT IN THE AFRICAN COMMUNITIES OF MINNESOTA. |
| IRS990/MoreThan5000KToIndividualsInd | 0 | 0 |
| IRS990/MoreThan5000KToOrgInd | 0 | 0 |
| IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt | 0 | 1781481 |
| IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt | 0 | 2859024 |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | 1869278 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 3947810 |
| IRS990/NetUnrelatedBusTxblIncmAmt | 0 | 0 |
| IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt | 0 | 992578 |
| IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt | 0 | 2825527 |
| IRS990/NondeductibleContributionsInd | 0 | 0 |
| IRS990/OccupancyGrp/ManagementAndGeneralAmt | 0 | 19455 |
| IRS990/OccupancyGrp/ProgramServicesAmt | 0 | 116682 |
| IRS990/OccupancyGrp/TotalAmt | 0 | 136137 |
| IRS990/OfficeExpensesGrp/FundraisingAmt | 0 | 3608 |
| IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt | 0 | 6127 |
| IRS990/OfficeExpensesGrp/ProgramServicesAmt | 0 | 62686 |
| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 72421 |
| IRS990/OfficerMailingAddressInd | 0 | 0 |
| IRS990/OperateHospitalInd | 0 | 0 |
| IRS990/Organization501c3Ind | 0 | X |
| IRS990/OrganizationFollowsFASB117Ind | 0 | X |
| IRS990/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt | 0 | 422 |
| IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt | 0 | 1512 |
| IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt | 0 | 27867 |
| IRS990/OtherEmployeeBenefitsGrp/TotalAmt | 0 | 29801 |
| IRS990/OtherExpensesGrp/Desc | 0 | PROVISION FOR LOAN LOSS |
| IRS990/OtherExpensesGrp/Desc | 1 | LOAN/LOAN-RELATED EXPEN |
| IRS990/OtherExpensesGrp/Desc | 2 | MISCELLANEOUS |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 0 | 1908 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 0 | 60000 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 1 | 30604 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 2 | 667 |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 60000 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 30604 |
| IRS990/OtherExpensesGrp/TotalAmt | 2 | 2575 |
| IRS990/OtherLiabilitiesGrp/BOYAmt | 0 | 786892 |
| IRS990/OtherLiabilitiesGrp/EOYAmt | 0 | 2027867 |
| IRS990/OtherSalariesAndWagesGrp/FundraisingAmt | 0 | 53500 |
| IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt | 0 | 23943 |
| IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt | 0 | 263871 |
| IRS990/OtherSalariesAndWagesGrp/TotalAmt | 0 | 341314 |
| IRS990/OthNotesLoansReceivableNetGrp/BOYAmt | 0 | 3318329 |
| IRS990/OthNotesLoansReceivableNetGrp/EOYAmt | 0 | 4569786 |
| IRS990/OwnWebsiteInd | 0 | X |
| IRS990/PartialLiquidationInd | 0 | 0 |
| IRS990/PayPremiumsPrsnlBnftCntrctInd | 0 | 0 |
| IRS990/PayrollTaxesGrp/FundraisingAmt | 0 | 3922 |
| IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt | 0 | 2992 |
| IRS990/PayrollTaxesGrp/ProgramServicesAmt | 0 | 26670 |
| IRS990/PayrollTaxesGrp/TotalAmt | 0 | 33584 |
| IRS990/PledgesAndGrantsReceivableGrp/BOYAmt | 0 | 287944 |
| IRS990/PledgesAndGrantsReceivableGrp/EOYAmt | 0 | 212413 |
| IRS990/PoliticalCampaignActyInd | 0 | 0 |
| IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt | 0 | 2781 |
| IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt | 0 | 2611 |
| IRS990/PrincipalOfficerNm | 0 | NASIBU SAREVA |
| IRS990/ProfessionalFundraisingInd | 0 | 0 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 0 | 900099 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 1 | 900099 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 2 | 900099 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 3 | 900099 |
| IRS990/ProgramServiceRevenueGrp/Desc | 0 | INTEREST INCOME-LOANS |
| IRS990/ProgramServiceRevenueGrp/Desc | 1 | PROGRAM SERVICE FEES |
| IRS990/ProgramServiceRevenueGrp/Desc | 2 | MISCELLANEOUS INCOME |
| IRS990/ProgramServiceRevenueGrp/Desc | 3 | LOSS FROM SUBSIDIARIES |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 225205 |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 1 | 39716 |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 2 | 8301 |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 3 | -33613 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 0 | 225205 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 1 | 39716 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 2 | 8301 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 3 | -33613 |
| IRS990/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990/PYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/PYContributionsGrantsAmt | 0 | 1156301 |
| IRS990/PYExcessBenefitTransInd | 0 | 0 |
| IRS990/PYGrantsAndSimilarPaidAmt | 0 | 147 |
| IRS990/PYInvestmentIncomeAmt | 0 | 4258 |
| IRS990/PYOtherExpensesAmt | 0 | 576772 |
| IRS990/PYOtherRevenueAmt | 0 | 0 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 82504 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | 202670 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 463474 |
| IRS990/PYTotalExpensesAmt | 0 | 1040393 |
| IRS990/PYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/PYTotalRevenueAmt | 0 | 1243063 |
| IRS990/QuidProQuoContributionsInd | 0 | 0 |
| IRS990/RcvFndsToPayPrsnlBnftCntrctInd | 0 | 0 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | 2078532 |
| IRS990/RegularMonitoringEnfrcInd | 0 | 1 |
| IRS990/RelatedEntityInd | 0 | 1 |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990/ReportInvestmentsOtherSecInd | 0 | 0 |
| IRS990/ReportLandBuildingEquipmentInd | 0 | 1 |
| IRS990/ReportOtherAssetsInd | 0 | 0 |
| IRS990/ReportOtherLiabilitiesInd | 0 | 1 |
| IRS990/ReportProgramRelatedInvstInd | 0 | 0 |
| IRS990/RevenueAmt | 0 | 239609 |
| IRS990/SavingsAndTempCashInvstGrp/BOYAmt | 0 | 1474520 |
| IRS990/SavingsAndTempCashInvstGrp/EOYAmt | 0 | 3040805 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 2983222 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 1156301 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 1135790 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 972790 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 728798 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 6976901 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt | 0 | 7967 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt | 0 | 4258 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 1352 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 1831 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 1716 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt | 0 | 17124 |
| IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt | 0 | 396910 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY170Pct | 0 | 0.79790 |
| IRS990ScheduleA/PublicSupportPY170Pct | 0 | 0.66690 |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 5581632 |
| IRS990ScheduleA/SubstantialContributorsTotAmt | 0 | 1395269 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind | 0 | X |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt | 0 | 2983222 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt | 0 | 1156301 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 1135790 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 972790 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 728798 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 6976901 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 6995819 |
| IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 1794 |
| IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt | 0 | 1794 |
| IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorNum | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine2 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt | 0 | RESTRICTED |
| IRS990/ScheduleBRequiredInd | 0 | 1 |
| IRS990ScheduleD/EquipmentGrp/BookValueAmt | 0 | 28345 |
| IRS990ScheduleD/EquipmentGrp/DepreciationAmt | 0 | 272363 |
| IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt | 0 | 300708 |
| IRS990ScheduleD/FootnoteTextInd | 0 | X |
| IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt | 0 | 1862 |
| IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt | 0 | 3071 |
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Displayed year
2020 • Form 990Detailed filing. Detailed filing data is available for this year.