Liabilities / Assets
39th percentile
Higher debt load relative to assets than 39% of similar nonprofits.
990 • Fiscal year 2021 • EIN 46-0743201
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
39th percentile
Higher debt load relative to assets than 39% of similar nonprofits.
Liabilities / Revenue
45th percentile
Higher debt load relative to revenue than 45% of similar nonprofits.
Net Margin
92nd percentile
Higher net margin than 92% of similar nonprofits.
Top Officer Pay
53rd percentile
Higher top officer pay than 53% of similar nonprofits.
Top officer pay equals 3.0% of source-year revenue.
Asset Growth
83rd percentile
Faster asset growth than 83% of similar nonprofits.
Revenue Growth
76th percentile
Faster revenue growth than 76% of similar nonprofits.
Assets
Up$11,434,782
Up $2,693,781 (+31%) from 2020
Net Assets
Up$10,332,182
Up $2,240,271 (+28%) from 2020
Liabilities
Up$1,102,600
Up $453,510 (+70%) from 2020
Revenue
Up$6,049,617
Up $1,793,391 (+42%) from 2020
Expenses
Up$2,088,260
Up $1,389,517 (+199%) from 2020
Net Income
Up$3,961,357
Up $403,874 (+11%) from 2020
Aec's mission is to support african entrepreneurs to grow their businesses to create jobs, improve livelihoods, and develop lasting economic development in their communities.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Cash and Non-Interest-Bearing Accounts | $468,627 | $1,113,619 | ▲ $644,992 |
| Savings and Temporary Cash Investments | $710,071 | $257,584 | ▼ $452,487 |
| Total Assets | $8,741,001 | $11,434,782 | ▲ $2,693,781 |
| Other Assets Total | $7,562,303 | $10,063,579 | ▲ $2,501,276 |
| Liabilities | |||
| Unsecured Notes Loans Payable | $480,184 | $922,060 | ▲ $441,876 |
| Accounts Payable and Accrued Expenses | $43,906 | $180,540 | ▲ $136,634 |
| Deferred Revenue | $100,000 | - | - |
| Mortgage Notes Payable Secured by Investment Property | $25,000 | - | - |
| Total Liabilities | $649,090 | $1,102,600 | ▲ $453,510 |
| Net Assets / Fund Balance | |||
| Net Assets Without Donor Restrictions | $8,091,911 | $10,332,182 | ▲ $2,240,271 |
| Net Assets With Donor Restrictions | $0 | $0 | → $0 |
| Total Net Assets Fund Balance | $8,091,911 | $10,332,182 | ▲ $2,240,271 |
| Total Liabilities and Net Assets / Fund Balance | $8,741,001 | $11,434,782 | ▲ $2,693,781 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Other Assets Org | $666,922 | - | - |
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| Julienne Oyler | Co-founder & CEO | FT | $107,235 | $73,310 | $180,545 |
| Sara Leedom | Co-founder & COO | FT | $107,235 | $73,310 | $180,545 |
| Name | Title |
|---|---|
| Michael Payne | Chairman |
| Maria Palma | Vice Chair |
| Lauren Rawlings | Board Member |
| Marieve Gauthier-uboi | Board Member |
| Marion Ntiru | Board Member |
| Shipra Kayan | Board Member |
| Julia Taft | Secretary |
| Tom Ryan | Treasurer |
| Line Item | Amount |
|---|---|
| Other Expenses | $1,662,857 |
| Salaries, Compensation, and Employee Benefits | $425,403 |
| Total Fundraising Expense | $22,174 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Other Expenses | $0 | $1,467,989 | $0 | $1,467,989 |
| Current Officers, Directors, Trustees, and Key Employees | $241,129 | $86,118 | $17,224 | $344,471 |
| Fees for Services Other | $94,067 | $8,434 | - | $102,501 |
| Other Salaries and Wages | $32,964 | $11,773 | $2,355 | $47,092 |
| Fees for Services Accounting | $10,188 | $31,434 | - | $41,622 |
| Conferences and Meetings | $21,856 | - | - | $21,856 |
| Other Employee Benefits | $10,254 | $3,662 | $732 | $14,648 |
| Payroll Taxes | $8,930 | $3,189 | $638 | $12,757 |
| Information Technology | $5,013 | $5,571 | $557 | $11,141 |
| Office Expenses | $6,781 | $1,942 | $174 | $8,897 |
| Pension Plan Contributions | $4,504 | $1,609 | $322 | $6,435 |
| Travel | - | $6,174 | - | $6,174 |
| Occupancy | $2,333 | $172 | $172 | $2,677 |
| Total Functional Expenses | $438,019 | $1,628,067 | $22,174 | $2,088,260 |
| Line Item | Amount |
|---|---|
| Total Expenses per Form 990 | $2,088,260 |
| Expenses per Audited Statements | $1,743,790 |
| Total Expenses per Audited Statements | $1,743,790 |
| Expenses Not Reported on Financial Statements | $344,470 |
| Other Expense Adjustments | $344,470 |
| Expenses Not Reported on Form 990 | $0 |
| Region | Activity | Services | Offices | Employees | Spending |
|---|---|---|---|---|---|
| Sub-Saharan Africa | Program Services | Program Services Include Job Creation Activities With African Entrepreneurs Which Include Mentoring and Training Programs, and Low-cost Financing Business Loans to Support Business Growth. | 4 | 0 | $438,019 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
“Co-founders julienne oyler and sara leedom own property together.”
“The form 990 is reviewed by members of the board, or a sub-committee thereof, prior to filing.”
“The conflict of interest policy is reviewed periodically at board meetings with the board chair.”
“The board, or a sub-committee, votes for and approves the compensation for all members of the board. Voting members of the board who receive compensation are precluded from voting on matters pertaining to their compensation.”
“Financial and governing documents are available upon reasonable request.”
“Officer compensation reported separately on audit.”
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 | 43906 |
| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 180540 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | 0 |
| IRS990/ActivityOrMissionDesc | 0 | AEC'S MISSION IS TO SUPPORT AFRICAN ENTREPRENEURS TO GROW THEIR BUSINESSES TO CREATE JOBS, IMPROVE LIVELIHOODS, AND DEVELOP LASTING ECONOMIC DEVELOPMENT IN THEIR COMMUNITIES. |
| IRS990/AllOtherContributionsAmt | 0 | 3807934 |
| IRS990/AnnualDisclosureCoveredPrsnInd | 0 | 1 |
| IRS990/AuditCommitteeInd | 0 | 1 |
| IRS990/BackupWthldComplianceInd | 0 | 1 |
| IRS990/BenefitsToMembersGrp/ProgramServicesAmt | 0 | 0 |
| IRS990/BenefitsToMembersGrp/TotalAmt | 0 | 0 |
| IRS990/BooksInCareOfDetail/PersonNm | 0 | SARA LEEDOM |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 4158157576 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | PO BOX 209 |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | CLINTON |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | WA |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 98236 |
| IRS990/BusinessRlnWith35CtrlEntInd | 0 | 0 |
| IRS990/BusinessRlnWithFamMemInd | 0 | 0 |
| IRS990/BusinessRlnWithOrgMemInd | 0 | 0 |
| IRS990/CashNonInterestBearingGrp/BOYAmt | 0 | 468627 |
| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 1113619 |
| IRS990/ChangeToOrgDocumentsInd | 0 | 0 |
| IRS990/CntrctRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/CollectionsOfArtInd | 0 | 0 |
| IRS990/CompCurrentOfcrDirectorsGrp/FundraisingAmt | 0 | 17224 |
| IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt | 0 | 86118 |
| IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt | 0 | 241129 |
| IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt | 0 | 344471 |
| IRS990/CompensationFromOtherSrcsInd | 0 | 0 |
| IRS990/CompensationProcessCEOInd | 0 | 1 |
| IRS990/CompensationProcessOtherInd | 0 | 1 |
| IRS990/ConferencesMeetingsGrp/ProgramServicesAmt | 0 | 21856 |
| IRS990/ConferencesMeetingsGrp/TotalAmt | 0 | 21856 |
| IRS990/ConflictOfInterestPolicyInd | 0 | 1 |
| IRS990/ConservationEasementsInd | 0 | 0 |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | 0 |
| IRS990/ContriRptFundraisingEventAmt | 0 | 0 |
| IRS990/CreditCounselingInd | 0 | 0 |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/CYContributionsGrantsAmt | 0 | 4427205 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/CYInvestmentIncomeAmt | 0 | 228 |
| IRS990/CYOtherExpensesAmt | 0 | 1662857 |
| IRS990/CYOtherRevenueAmt | 0 | 44534 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 1577650 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | 3961357 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 425403 |
| IRS990/CYTotalExpensesAmt | 0 | 2088260 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 22174 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 6049617 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | 0 |
| IRS990/DeductibleArtContributionInd | 0 | 0 |
| IRS990/DeductibleNonCashContriInd | 0 | 0 |
| IRS990/DeferredRevenueGrp/BOYAmt | 0 | 100000 |
| IRS990/DelegationOfMgmtDutiesInd | 0 | 0 |
| IRS990/Desc | 0 | AEC CONTINUED TO PROVIDE TRAINING AND CONSULTING TO SMALL BUSINESSES ACROSS RWANDA, KENYA, AND ETHIOPIA, INCLDUING TO REFUGEE ENTREPRENEURS. IN TOTAL, WE WORKED WITH MORE THAN 30,000 BUISNESS IN 2021, AND OPENED NEW OPERATIONS IN ETHIOPIA TO PROVIDE THESE SERVICES TO REFUGEE ENTREPRENUERS. AEC ALSO BEGAN NEW OPERATIONS IN GARISSA, DADAAB, AND MOMBASA, KENYA IN FY2021. |
| IRS990/DescribedInSection501c3Ind | 0 | 1 |
| IRS990/DisregardedEntityInd | 0 | 0 |
| IRS990/DocumentRetentionPolicyInd | 0 | 1 |
| IRS990/DonatedServicesAndUseFcltsAmt | 0 | 0 |
| IRS990/DonorAdvisedFundInd | 0 | 0 |
| IRS990/DonorRestrictionNetAssetsGrp/BOYAmt | 0 | 0 |
| IRS990/DonorRestrictionNetAssetsGrp/EOYAmt | 0 | 0 |
| IRS990/DonorRstrOrQuasiEndowmentsInd | 0 | 0 |
| IRS990/ElectionOfBoardMembersInd | 0 | 0 |
| IRS990/EmployeeCnt | 0 | 2 |
| IRS990/EmploymentTaxReturnsFiledInd | 0 | 1 |
| IRS990/EngagedInExcessBenefitTransInd | 0 | 0 |
| IRS990/ExpenseAmt | 0 | 219009 |
| IRS990/FamilyOrBusinessRlnInd | 0 | 1 |
| IRS990/FederalGrantAuditRequiredInd | 0 | 0 |
| IRS990/FederatedCampaignsAmt | 0 | 0 |
| IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt | 0 | 31434 |
| IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt | 0 | 10188 |
| IRS990/FeesForServicesAccountingGrp/TotalAmt | 0 | 41622 |
| IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt | 0 | 8434 |
| IRS990/FeesForServicesOtherGrp/ProgramServicesAmt | 0 | 94067 |
| IRS990/FeesForServicesOtherGrp/TotalAmt | 0 | 102501 |
| IRS990/ForeignActivitiesInd | 0 | 1 |
| IRS990/ForeignCountryCd | 0 | ET |
| IRS990/ForeignCountryCd | 1 | KE |
| IRS990/ForeignCountryCd | 2 | RW |
| IRS990/ForeignFinancialAccountInd | 0 | 1 |
| IRS990/ForeignGrantsGrp/ProgramServicesAmt | 0 | 0 |
| IRS990/ForeignGrantsGrp/TotalAmt | 0 | 0 |
| IRS990/ForeignOfficeInd | 0 | 1 |
| IRS990/Form8282PropertyDisposedOfInd | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 0 | 40 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 1 | 40 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 2 | 10 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 3 | 3 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 4 | 3 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 5 | 3 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 6 | 3 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 7 | 3 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 8 | 3 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 9 | 3 |
| 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/OfficerInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 4 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 5 | X |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 0 | 8310 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 1 | 8310 |
| 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/PersonNm | 0 | JULIENNE OYLER |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | SARA LEEDOM |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | MICHAEL PAYNE |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | MARIA PALMA |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 4 | TOM RYAN |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 5 | JULIA TAFT |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 6 | LAUREN RAWLINGS |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 7 | MARIEVE GAUTHIER-UBOI |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 8 | MARION NTIRU |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 9 | SHIPRA KAYAN |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 172235 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 1 | 172235 |
| 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/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/TitleTxt | 0 | CO-FOUNDER & CEO |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | CO-FOUNDER & COO |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | CHAIRMAN |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | VICE CHAIR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | TREASURER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | SECRETARY |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 6 | BOARD MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 7 | BOARD MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 8 | BOARD MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 9 | BOARD MEMBER |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | 0 |
| IRS990/FormationYr | 0 | 2012 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | 0 |
| IRS990/FSAuditedInd | 0 | 1 |
| IRS990/FundraisingActivitiesInd | 0 | 0 |
| IRS990/FundraisingAmt | 0 | 0 |
| IRS990/GainOrLossGrp/OtherAmt | 0 | 0 |
| IRS990/GainOrLossGrp/SecuritiesAmt | 0 | 0 |
| IRS990/GamingActivitiesInd | 0 | 0 |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 10 |
| IRS990/GovernmentGrantsAmt | 0 | 619271 |
| IRS990/GrantAmt | 0 | 0 |
| IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt | 0 | 0 |
| IRS990/GrantsToDomesticIndividualsGrp/TotalAmt | 0 | 0 |
| IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt | 0 | 0 |
| IRS990/GrantsToDomesticOrgsGrp/TotalAmt | 0 | 0 |
| IRS990/GrantsToIndividualsInd | 0 | 0 |
| IRS990/GrantsToOrganizationsInd | 0 | 0 |
| IRS990/GrantToRelatedPersonInd | 0 | 0 |
| IRS990/GrossReceiptsAmt | 0 | 6049617 |
| IRS990/GroupReturnForAffiliatesInd | 0 | 0 |
| IRS990/IncludeFIN48FootnoteInd | 0 | 0 |
| IRS990/IncmFromInvestBondProceedsGrp/ExclusionAmt | 0 | 0 |
| IRS990/IncmFromInvestBondProceedsGrp/RelatedOrExemptFuncIncomeAmt | 0 | 0 |
| IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt | 0 | 0 |
| IRS990/IncmFromInvestBondProceedsGrp/UnrelatedBusinessRevenueAmt | 0 | 0 |
| IRS990/IndependentAuditFinclStmtInd | 0 | 1 |
| IRS990/IndependentVotingMemberCnt | 0 | 8 |
| IRS990/IndivRcvdGreaterThan100KCnt | 0 | 2 |
| IRS990/IndoorTanningServicesInd | 0 | 0 |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InformationTechnologyGrp/FundraisingAmt | 0 | 557 |
| IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt | 0 | 5571 |
| IRS990/InformationTechnologyGrp/ProgramServicesAmt | 0 | 5013 |
| IRS990/InformationTechnologyGrp/TotalAmt | 0 | 11141 |
| IRS990/InvestmentExpenseAmt | 0 | 0 |
| IRS990/InvestmentIncomeGrp/ExclusionAmt | 0 | 228 |
| IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt | 0 | 0 |
| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 228 |
| IRS990/InvestmentIncomeGrp/UnrelatedBusinessRevenueAmt | 0 | 0 |
| IRS990/InvestmentInJointVentureInd | 0 | 0 |
| IRS990/IRPDocumentCnt | 0 | 3 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LegalDomicileStateCd | 0 | CA |
| IRS990/LoanOutstandingInd | 0 | 0 |
| IRS990/LobbyingActivitiesInd | 0 | 0 |
| IRS990/LocalChaptersInd | 0 | 0 |
| IRS990/MaterialDiversionOrMisuseInd | 0 | 0 |
| IRS990/MembershipDuesAmt | 0 | 0 |
| IRS990/MembersOrStockholdersInd | 0 | 0 |
| IRS990/MethodOfAccountingAccrualInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | 1 |
| IRS990/MinutesOfGoverningBodyInd | 0 | 1 |
| IRS990/MiscellaneousRevenueGrp/ExclusionAmt | 0 | 0 |
| IRS990/MiscellaneousRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 44534 |
| IRS990/MiscellaneousRevenueGrp/TotalRevenueColumnAmt | 0 | 44534 |
| IRS990/MiscellaneousRevenueGrp/UnrelatedBusinessRevenueAmt | 0 | 0 |
| IRS990/MissionDesc | 0 | AEC'S MISSION IS TO SUPPORT AFRICAN ENTREPRENEURS TO GROW THEIR BUSINESSES TO CREATE JOBS, IMPROVE LIVELIHOODS, AND DEVELOP LASTING ECONOMIC DEVELOPMENT IN THEIR COMMUNITIES. |
| IRS990/MoreThan5000KToIndividualsInd | 0 | 0 |
| IRS990/MoreThan5000KToOrgInd | 0 | 0 |
| IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt | 0 | 25000 |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | 8091911 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 10332182 |
| IRS990/NetUnrelatedBusTxblIncmAmt | 0 | 0 |
| IRS990/NetUnrlzdGainsLossesInvstAmt | 0 | 0 |
| IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt | 0 | 8091911 |
| IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt | 0 | 10332182 |
| IRS990/NoncashContributionsAmt | 0 | 0 |
| IRS990/NondeductibleContributionsInd | 0 | 0 |
| IRS990/OccupancyGrp/FundraisingAmt | 0 | 172 |
| IRS990/OccupancyGrp/ManagementAndGeneralAmt | 0 | 172 |
| IRS990/OccupancyGrp/ProgramServicesAmt | 0 | 2333 |
| IRS990/OccupancyGrp/TotalAmt | 0 | 2677 |
| IRS990/OfficeExpensesGrp/FundraisingAmt | 0 | 174 |
| IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt | 0 | 1942 |
| IRS990/OfficeExpensesGrp/ProgramServicesAmt | 0 | 6781 |
| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 8897 |
| IRS990/OfficerMailingAddressInd | 0 | 0 |
| IRS990/OperateHospitalInd | 0 | 0 |
| IRS990/Organization501c3Ind | 0 | X |
| IRS990/OrganizationFollowsFASB117Ind | 0 | X |
| IRS990/OtherAssetsTotalGrp/BOYAmt | 0 | 7562303 |
| IRS990/OtherAssetsTotalGrp/EOYAmt | 0 | 10063579 |
| IRS990/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt | 0 | 732 |
| IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt | 0 | 3662 |
| IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt | 0 | 10254 |
| IRS990/OtherEmployeeBenefitsGrp/TotalAmt | 0 | 14648 |
| IRS990/OtherExpensesGrp/Desc | 0 | IMPAIRMENT LOSS ON SUBSIDIARIES |
| IRS990/OtherExpensesGrp/FundraisingAmt | 0 | 0 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 0 | 1467989 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 0 | 0 |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 1467989 |
| IRS990/OtherRevenueTotalAmt | 0 | 44534 |
| IRS990/OtherSalariesAndWagesGrp/FundraisingAmt | 0 | 2355 |
| IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt | 0 | 11773 |
| IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt | 0 | 32964 |
| IRS990/OtherSalariesAndWagesGrp/TotalAmt | 0 | 47092 |
| IRS990/PartialLiquidationInd | 0 | 0 |
| IRS990/PayPremiumsPrsnlBnftCntrctInd | 0 | 0 |
| IRS990/PayrollTaxesGrp/FundraisingAmt | 0 | 638 |
| IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt | 0 | 3189 |
| IRS990/PayrollTaxesGrp/ProgramServicesAmt | 0 | 8930 |
| IRS990/PayrollTaxesGrp/TotalAmt | 0 | 12757 |
| IRS990/PensionPlanContributionsGrp/FundraisingAmt | 0 | 322 |
| IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt | 0 | 1609 |
| IRS990/PensionPlanContributionsGrp/ProgramServicesAmt | 0 | 4504 |
| IRS990/PensionPlanContributionsGrp/TotalAmt | 0 | 6435 |
| IRS990/PoliticalCampaignActyInd | 0 | 0 |
| IRS990/PrincipalOfficerNm | 0 | SARA LEEDOM |
| IRS990/PriorPeriodAdjustmentsAmt | 0 | -1721086 |
| IRS990/ProfessionalFundraisingInd | 0 | 0 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 0 | 900099 |
| IRS990/ProgramServiceRevenueGrp/Desc | 0 | ENTREPRENEUR MENTORING & TRAINING |
| IRS990/ProgramServiceRevenueGrp/ExclusionAmt | 0 | 0 |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 1577650 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 0 | 1577650 |
| IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt | 0 | 0 |
| IRS990/ProgSrvcAccomActy2Grp/Desc | 0 | AEC'S ROLE AS PROVIDING LOW-COST INVESTMENT TO SMALL BUSINESSES CONTINUED TO BE A CORE PART OF OUR SOCIAL MISSION TO ENSURE FINANCIAL INCLUSION FOR THOSE EXCLUDED FROM MAINSTREAM FINANCE. AEC PROVIDE INVESTMENT TO REFUGEES, INCLUDING MAKING AVAILABLE GRANTS, LOANS, AND SHARIA-COMPLIANT PRODUCTS FOR MUSLIM ENTREPRENUERS, ENSURING THAT SMALL BUSINESSES DON'T HAVE TO CHOSE BETWEEN GROWING THEIR BUSINESSES AND THEIR FAITH. WE PRIORITIZED SERVING WOMEN, YOUTH, AND THOSE EXCLUDED FROM TRADITIONAL BANKING SYSTEMS. AS PART OF ENCOURAGING NEW PARTNERS TO INVEST IN REFUGEES AND FORCABLY DISPLACED PEOPLE, AEC PARTNERED WITH UNHCR AND THE AMAHORO COALITION FOR THE 36 MILLION SOLUTIONS CONFERENCE, WHICH HIGHLIGHTED THE CHALLENGES FACED IN EDUCATION AND EMPLOYEMENT OF REFUGEES, AND ALSO MAKE A CALL TO ACTION FOR MORE PRIVATE SECTOR INVESTMENT IN REFUGEE COMMUNITIES. |
| IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt | 0 | 205869 |
| IRS990/ProgSrvcAccomActy2Grp/GrantAmt | 0 | 0 |
| IRS990/ProgSrvcAccomActy2Grp/RevenueAmt | 0 | 0 |
| IRS990/ProgSrvcAccomActy3Grp/Desc | 0 | AS PART OF A COLLABORATIVE PARTNERSHIP WITH SOUTHERN NEW HAMPSHIRE UNIVERSITY, AEC SUPPORTED THE EDUCATION INITIATIVES OF THE GEM HUB THAT ALLOW REFUGEE STUDENTS AROUND THE WORLD TO ACCESS QUALITY ON-LINE INSTRUCTION. AEC'S ROLE WAS TO FACILITATE OPERATIONAL SYSTEMS THAT ALLOWED FOR REFUGEES TO REVIEW STUDENT COURSE WORK, AND WE ALSO FACILITATED THE DISBURSEMENT OF US DEPARTMENT OF EDUCATION GRANTS (HERRF) TO HELP STUDENTS RECOVER FROM THE ECONOMIC IMPACTS OF COVID. |
| IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt | 0 | 13141 |
| IRS990/ProgSrvcAccomActy3Grp/GrantAmt | 0 | 0 |
| IRS990/ProgSrvcAccomActy3Grp/RevenueAmt | 0 | 0 |
| IRS990/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990/PYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/PYContributionsGrantsAmt | 0 | 2136211 |
| IRS990/PYExcessBenefitTransInd | 0 | 0 |
| IRS990/PYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/PYInvestmentIncomeAmt | 0 | 120 |
| IRS990/PYOtherExpensesAmt | 0 | 244965 |
| IRS990/PYOtherRevenueAmt | 0 | 33995 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 2085900 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | 3557483 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 453778 |
| IRS990/PYTotalExpensesAmt | 0 | 698743 |
| IRS990/PYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/PYTotalRevenueAmt | 0 | 4256226 |
| IRS990/QuidProQuoContributionsInd | 0 | 0 |
| IRS990/RcvFndsToPayPrsnlBnftCntrctInd | 0 | 0 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | 3961357 |
| IRS990/RegularMonitoringEnfrcInd | 0 | 1 |
| IRS990/RelatedEntityInd | 0 | 1 |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | 1 |
| IRS990/RelatedOrganizationsAmt | 0 | 0 |
| IRS990/RentalIncomeOrLossGrp/PersonalAmt | 0 | 0 |
| IRS990/RentalIncomeOrLossGrp/RealAmt | 0 | 0 |
| IRS990/ReportInvestmentsOtherSecInd | 0 | 0 |
| IRS990/ReportLandBuildingEquipmentInd | 0 | 0 |
| IRS990/ReportOtherAssetsInd | 0 | 1 |
| IRS990/ReportOtherLiabilitiesInd | 0 | 0 |
| IRS990/ReportProgramRelatedInvstInd | 0 | 0 |
| IRS990/RevenueAmt | 0 | 1577650 |
| IRS990/RoyaltiesRevenueGrp/ExclusionAmt | 0 | 0 |
| IRS990/RoyaltiesRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 0 |
| IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt | 0 | 0 |
| IRS990/RoyaltiesRevenueGrp/UnrelatedBusinessRevenueAmt | 0 | 0 |
| IRS990/SavingsAndTempCashInvstGrp/BOYAmt | 0 | 710071 |
| IRS990/SavingsAndTempCashInvstGrp/EOYAmt | 0 | 257584 |
| IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt | 0 | OTHER MISCELLANEOUS REVENUE. |
| IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc | 0 | Schedule A, Part II, Line 10 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 4427205 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 2136211 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 1189486 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 1956464 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 901630 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 10610996 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt | 0 | 228 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt | 0 | 120 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 1636 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 298 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 136 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt | 0 | 2418 |
| IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt | 0 | 5275569 |
| IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt | 0 | 44534 |
| IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt | 0 | 33995 |
| IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 7464 |
| IRS990ScheduleA/OtherIncome170Grp/TotalAmt | 0 | 85993 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY170Pct | 0 | 0.46357 |
| IRS990ScheduleA/PublicSupportPY170Pct | 0 | 0.36691 |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 4959958 |
| IRS990ScheduleA/SubstantialContributorsTotAmt | 0 | 5651038 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind | 0 | X |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt | 0 | 4427205 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt | 0 | 2136211 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 1189486 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 1956464 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 901630 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 10610996 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 10699407 |
| 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/DonatedServicesAndUseFcltsAmt | 0 | 0 |
| IRS990ScheduleD/DonatedServicesUseFcltsAmt | 0 | 0 |
| IRS990ScheduleD/ExpensesNotReportedAmt | 0 | 0 |
| IRS990ScheduleD/ExpensesNotRptFinclStmtAmt | 0 | 344470 |
| IRS990ScheduleD/ExpensesSubtotalAmt | 0 | 1743790 |
| IRS990ScheduleD/InvestmentExpensesNotIncld2Amt | 0 | 0 |
| IRS990ScheduleD/InvestmentExpensesNotIncldAmt | 0 | 0 |
| IRS990ScheduleD/LossesReportedAmt | 0 | 0 |
| IRS990ScheduleD/NetUnrealizedGainsInvstAmt | 0 | 0 |
| IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt | 0 | 9396657 |
| IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt | 1 | 666922 |
| IRS990ScheduleD/OtherAssetsOrgGrp/Desc | 0 | INVESTMENT IN SUBSIDIARIES |
| IRS990ScheduleD/OtherAssetsOrgGrp/Desc | 1 | OTHER ASSETS |
| IRS990ScheduleD/OtherExpensesIncludedAmt | 0 | 0 |
| IRS990ScheduleD/OtherExpensesNotIncludedAmt | 0 | 344470 |
| IRS990ScheduleD/OtherRevenueAmt | 0 | 0 |
| IRS990ScheduleD/OtherRevenuesNotIncludedAmt | 0 | 0 |
| IRS990ScheduleD/PriorYearAdjustmentsAmt | 0 | 0 |
| IRS990ScheduleD/RecoveriesPriorYearGrantsAmt | 0 | 0 |
| IRS990ScheduleD/RevenueNotReportedAmt | 0 | 0 |
| IRS990ScheduleD/RevenueNotReportedFinclStmtAmt | 0 | 0 |
| IRS990ScheduleD/RevenueSubtotalAmt | 0 | 6049617 |
| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 0 | OFFICER COMPENSATION REPORTED SEPARATELY ON AUDIT. |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Schedule D, Part XII, Line 4b |
| IRS990ScheduleD/TotalBookValueOtherAssetsAmt | 0 | 10063579 |
| IRS990ScheduleD/TotalExpensesPerForm990Amt | 0 | 2088260 |
| IRS990ScheduleD/TotalRevenuePerForm990Amt | 0 | 6049617 |
| IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt | 0 | 6049617 |
| IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt | 0 | 1743790 |
| IRS990ScheduleF/AccountActivitiesOutsideUSGrp/EmployeeCnt | 0 | 0 |
| IRS990ScheduleF/AccountActivitiesOutsideUSGrp/OfficesCnt | 0 | 4 |
| IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt | 0 | 438019 |
| IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt | 0 | Sub-Saharan Africa |
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Displayed year
2021 • Form 990Detailed filing. Detailed filing data is available for this year.