Liabilities / Assets
83rd percentile
Higher debt load relative to assets than 83% of similar nonprofits.
990 • Fiscal year 2017 • EIN 80-0345712
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
83rd percentile
Higher debt load relative to assets than 83% of similar nonprofits.
Liabilities / Revenue
84th percentile
Higher debt load relative to revenue than 84% of similar nonprofits.
Net Margin
47th percentile
Higher net margin than 47% of similar nonprofits.
Top Officer Pay
95th percentile
Higher top officer pay than 95% of similar nonprofits.
Top officer pay equals 14.6% of source-year revenue.
Asset Growth
77th percentile
Faster asset growth than 77% of similar nonprofits.
Revenue Growth
72nd percentile
Faster revenue growth than 72% of similar nonprofits.
Assets
Up$261,355
Up $57,783 (+28%) from 2016
Net Assets
Up$204,437
Up $4,219 (+2.1%) from 2016
Liabilities
Up$56,918
Up $53,564 (+1597%) from 2016
Revenue
Up$451,893
Up $75,184 (+20%) from 2016
Expenses
Up$442,212
Up $93,439 (+27%) from 2016
Net Income
Down$9,681
Down $18,255 (-65%) from 2016
African economic development solutions (aeds) builds wealth within african immigrant communities in the twin cities through economic development activities. We work throughout the twin cities metropolitan area to create wealth, lift immigrant communities out of poverty, and contribute to and benefit from the region's vibrant economy.
African Economic Development Solutions (AEDS) builds wealth within African immigrant communities in the Twin Cities through economic development activities.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Cash and Non-Interest-Bearing Accounts | $188,973 | $132,425 | ▼ $56,548 |
| Other Notes and Loans Receivable, Net | $4,608 | $65,744 | ▲ $61,136 |
| Pledges and Grants Receivable | - | $32,000 | - |
| Land, Buildings, and Equipment, Net | $4,864 | $19,326 | ▲ $14,462 |
| Accounts Receivable | $3,168 | $11,000 | ▲ $7,832 |
| Prepaid Expenses and Deferred Charges | $1,332 | $233 | ▼ $1,099 |
| Total Assets | $203,572 | $261,355 | ▲ $57,783 |
| Other Assets Total | $627 | $627 | → $0 |
| Liabilities | |||
| Other Liabilities | $0 | $36,252 | ▲ $36,252 |
| Accounts Payable and Accrued Expenses | $3,354 | $15,666 | ▲ $12,312 |
| Unsecured Notes Loans Payable | - | $5,000 | - |
| Total Liabilities | $3,354 | $56,918 | ▲ $53,564 |
| Net Assets / Fund Balance | |||
| Unrestricted Net Assets | $200,218 | $169,437 | ▼ $30,781 |
| Temporarily Rstr Net Assets | - | $35,000 | - |
| Total Net Assets Fund Balance | $200,218 | $204,437 | ▲ $4,219 |
| Total Liabilities and Net Assets / Fund Balance | $203,572 | $261,355 | ▲ $57,783 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Equipment | $19,326 | $5,199 | $24,525 |
| Name | Title | Full / Part Time | Base | Total |
|---|---|---|---|---|
| Gene Gelgelu | Executive Director | FT | $66,042 | $66,042 |
| Name | Title |
|---|---|
| Kate Speed | Chair |
| Abe Dalu | Board Member |
| Amano Dube | Board Member |
| Habtamu Awetu | Board Member |
| Philip L Hampton | Board Member |
| Leila S Paye-Baker | Secretary |
| Line Item | Amount |
|---|---|
| Salaries, Compensation, and Employee Benefits | $301,486 |
| Other Expenses | $140,726 |
| Total Fundraising Expense | $26,631 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Other Salaries and Wages | $171,212 | $13,624 | $11,921 | $196,757 |
| Current Officers, Directors, Trustees, and Key Employees | $57,467 | $4,573 | $4,002 | $66,042 |
| Fees for Services Other | $41,824 | $10,055 | $4,268 | $56,147 |
| Payroll Taxes | $21,462 | $4,024 | $1,341 | $26,827 |
| Advertising | $16,011 | $1,507 | $1,319 | $18,837 |
| Occupancy | $15,954 | $1,502 | $1,314 | $18,770 |
| Office Expenses | - | $13,579 | - | $13,579 |
| Other Employee Benefits | $10,081 | $949 | $830 | $11,860 |
| Fees for Services Accounting | - | $4,823 | - | $4,823 |
| Conferences and Meetings | $3,729 | - | - | $3,729 |
| Insurance | $2,885 | $272 | $237 | $3,394 |
| Depreciation Depletion | $2,685 | $253 | $221 | $3,159 |
| Travel | $2,537 | $239 | $208 | $2,984 |
| All Other Expenses | $1,027 | $38 | $34 | $1,099 |
| Other Expenses | $946 | $829 | $78 | $829 |
| Interest | - | $117 | - | $117 |
| Total Functional Expenses | $358,245 | $57,336 | $26,631 | $442,212 |
| Line Item | Amount |
|---|---|
| Expenses per Audited Statements | $442,212 |
| Total Expenses per Audited Statements | $442,212 |
| Total Expenses per Form 990 | $442,212 |
| Expenses Not Reported on Financial Statements | $0 |
| Expenses Not Reported on Form 990 | $0 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
| Liability | Amount |
|---|---|
| Due to MN Dept of Employment and Economic Development | $36,252 |
“Board reviews the Form 990 at its meeting and approves before filing.”
“The Board regularly monitors the compliance with the conflict of interest policy.”
“Board decides the Executive Director's salary after doing market comparison and determining the organization's resources available for compensation.”
“Form 990 is available upon request.”
“Available upon request.”
“Professional fees: Program service expenses 41,824. Management and general expenses 10,055. Fundraising expenses 4,268. Total expenses 56,147.”
“The Board of Directors assumes responsibility for oversight of the audit and selection of an independent accountant. These processes did not change from the prior year.”
“The Organization is exempt from income tax under section 501(c)(3) of the Internal Revenue Code. Contributions to the Organization are tax deductible as the Organization qualifies under Section 170(c) of the Internal Revenue Code. During the years ended December 31, 2017 and 2016, the Organization has not incurred any interest or penalties on its tax returns. The Organization reviews and assesses its tax positions taken or expected to be taken in tax returns. Based on this assessment the Organization determines whether it is more likely than not that the position would be sustained upon examination by tax authorities. The Organization's assessment has not identified any significant positions that it believes would not be sustained under examination. The Organization has identified its tax status as a tax exempt entity as it's only significant tax position and has determined that such tax position does not result in an uncertainty requiring recognition. The Organization is not currently under examination by any taxing jurisdiction. Its federal income tax returns are generally open for examination for three years after the date of filing, including extensions.”
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 | 3354 |
| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 15666 |
| IRS990/AccountsReceivableGrp/BOYAmt | 0 | 3168 |
| IRS990/AccountsReceivableGrp/EOYAmt | 0 | 11000 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | 0 |
| IRS990/ActivityOrMissionDesc | 0 | African Economic Development Solutions (AEDS) builds wealth within African immigrant communities in the Twin Cities through economic development activities. |
| IRS990/AdvertisingGrp/FundraisingAmt | 0 | 1319 |
| IRS990/AdvertisingGrp/ManagementAndGeneralAmt | 0 | 1507 |
| IRS990/AdvertisingGrp/ProgramServicesAmt | 0 | 16011 |
| IRS990/AdvertisingGrp/TotalAmt | 0 | 18837 |
| IRS990/AllOtherContributionsAmt | 0 | 290297 |
| IRS990/AllOtherExpensesGrp/FundraisingAmt | 0 | 34 |
| IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt | 0 | 38 |
| IRS990/AllOtherExpensesGrp/ProgramServicesAmt | 0 | 1027 |
| IRS990/AllOtherExpensesGrp/TotalAmt | 0 | 1099 |
| IRS990/AnnualDisclosureCoveredPrsnInd | 0 | 1 |
| IRS990/AuditCommitteeInd | 0 | 1 |
| IRS990/BackupWthldComplianceInd | 0 | 1 |
| IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt | 0 | Gene Gelgelu |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 6516469411 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 1821 University Ave W No S145 |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | St Paul |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | MN |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 55104 |
| IRS990/BusinessRlnWithFamMemInd | 0 | 0 |
| IRS990/BusinessRlnWithOfficerEntInd | 0 | 0 |
| IRS990/BusinessRlnWithOrgMemInd | 0 | 0 |
| IRS990/CashNonInterestBearingGrp/BOYAmt | 0 | 188973 |
| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 132425 |
| IRS990/ChangeToOrgDocumentsInd | 0 | 0 |
| IRS990/CntrctRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/CollectionsOfArtInd | 0 | 0 |
| IRS990/CompCurrentOfcrDirectorsGrp/FundraisingAmt | 0 | 4002 |
| IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt | 0 | 4573 |
| IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt | 0 | 57467 |
| IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt | 0 | 66042 |
| IRS990/CompensationFromOtherSrcsInd | 0 | 0 |
| IRS990/CompensationProcessCEOInd | 0 | 1 |
| IRS990/CompensationProcessOtherInd | 0 | 1 |
| IRS990/ConferencesMeetingsGrp/ProgramServicesAmt | 0 | 3729 |
| IRS990/ConferencesMeetingsGrp/TotalAmt | 0 | 3729 |
| IRS990/ConflictOfInterestPolicyInd | 0 | 1 |
| IRS990/ConservationEasementsInd | 0 | 0 |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | 0 |
| IRS990/CreditCounselingInd | 0 | 0 |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/CYContributionsGrantsAmt | 0 | 348297 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/CYInvestmentIncomeAmt | 0 | 1666 |
| IRS990/CYOtherExpensesAmt | 0 | 140726 |
| IRS990/CYOtherRevenueAmt | 0 | 232 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 101698 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | 9681 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 301486 |
| IRS990/CYTotalExpensesAmt | 0 | 442212 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 26631 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 451893 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | 0 |
| IRS990/DeductibleArtContributionInd | 0 | 0 |
| IRS990/DeductibleNonCashContriInd | 0 | 0 |
| IRS990/DelegationOfMgmtDutiesInd | 0 | 0 |
| IRS990/DepreciationDepletionGrp/FundraisingAmt | 0 | 221 |
| IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt | 0 | 253 |
| IRS990/DepreciationDepletionGrp/ProgramServicesAmt | 0 | 2685 |
| IRS990/DepreciationDepletionGrp/TotalAmt | 0 | 3159 |
| IRS990/Desc | 0 | Business Development Training and Small Business Consulting program provided service to 158 clients. The program equips African immigrants and members of other marginalized communities in the Twin Cities and greater Minnesota with pertinent business skills indispensable for their success as entrepreneurs of color. The training consists of classes, workshops, field work, and one-on-one sessions. Some of the areas the program provides business consulting to existing or aspiring entrepreneurs in are licensing and lease review, finance and accounting services, and crafting effective growth strategies and organizational structures. This program also includes the micro loans, which is to help provide access to the capital that helps launch their businesses. |
| IRS990/DescribedInSection501c3Ind | 0 | 1 |
| IRS990/DisregardedEntityInd | 0 | 0 |
| IRS990/DocumentRetentionPolicyInd | 0 | 0 |
| IRS990/DonorAdvisedFundInd | 0 | 0 |
| IRS990/ElectionOfBoardMembersInd | 0 | 0 |
| IRS990/EmployeeCnt | 0 | 10 |
| IRS990/EmploymentTaxReturnsFiledInd | 0 | 1 |
| IRS990/EngagedInExcessBenefitTransInd | 0 | 0 |
| IRS990/ExpenseAmt | 0 | 281545 |
| IRS990/FamilyOrBusinessRlnInd | 0 | 0 |
| IRS990/FederalGrantAuditRequiredInd | 0 | 0 |
| IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt | 0 | 4823 |
| IRS990/FeesForServicesAccountingGrp/TotalAmt | 0 | 4823 |
| IRS990/FeesForServicesOtherGrp/FundraisingAmt | 0 | 4268 |
| IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt | 0 | 10055 |
| IRS990/FeesForServicesOtherGrp/ProgramServicesAmt | 0 | 41824 |
| IRS990/FeesForServicesOtherGrp/TotalAmt | 0 | 56147 |
| 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 | 40.00 |
| 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/OfficerInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 2 | 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/PersonNm | 0 | Kate Speed |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | Leila S Paye-Baker |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | Amano Dube |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | Habtamu Awetu |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 4 | Philip L Hampton |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 5 | Abe Dalu |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 6 | Gene Gelgelu |
| 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 | 66042 |
| 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/TitleTxt | 0 | Chair |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | Secretary |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | Board Member |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | Board Member |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | Board Member |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | Board Member |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 6 | Executive Director |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | 1 |
| IRS990/FormationYr | 0 | 2008 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | 0 |
| IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd | 0 | X |
| IRS990/FSAuditedInd | 0 | 1 |
| IRS990/FundraisingActivitiesInd | 0 | 0 |
| IRS990/GamingActivitiesInd | 0 | 0 |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 6 |
| IRS990/GovernmentGrantsAmt | 0 | 58000 |
| IRS990/GrantsToIndividualsInd | 0 | 0 |
| IRS990/GrantsToOrganizationsInd | 0 | 0 |
| IRS990/GrantToRelatedPersonInd | 0 | 0 |
| IRS990/GrossReceiptsAmt | 0 | 451893 |
| IRS990/GroupReturnForAffiliatesInd | 0 | 0 |
| IRS990/IncludeFIN48FootnoteInd | 0 | 1 |
| IRS990/IndependentAuditFinclStmtInd | 0 | 1 |
| IRS990/IndependentVotingMemberCnt | 0 | 6 |
| IRS990/IndivRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/IndoorTanningServicesInd | 0 | 0 |
| IRS990/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990/InfoInScheduleOPartIXInd | 0 | X |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InfoInScheduleOPartXIIInd | 0 | X |
| IRS990/InsuranceGrp/FundraisingAmt | 0 | 237 |
| IRS990/InsuranceGrp/ManagementAndGeneralAmt | 0 | 272 |
| IRS990/InsuranceGrp/ProgramServicesAmt | 0 | 2885 |
| IRS990/InsuranceGrp/TotalAmt | 0 | 3394 |
| IRS990/InterestGrp/ManagementAndGeneralAmt | 0 | 117 |
| IRS990/InterestGrp/TotalAmt | 0 | 117 |
| IRS990/InvestmentIncomeGrp/ExclusionAmt | 0 | 1666 |
| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 1666 |
| IRS990/InvestmentInJointVentureInd | 0 | 0 |
| IRS990/IRPDocumentCnt | 0 | 20 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LandBldgEquipAccumDeprecAmt | 0 | 5199 |
| IRS990/LandBldgEquipBasisNetGrp/BOYAmt | 0 | 4864 |
| IRS990/LandBldgEquipBasisNetGrp/EOYAmt | 0 | 19326 |
| IRS990/LandBldgEquipCostOrOtherBssAmt | 0 | 24525 |
| 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 | African Economic Development Solutions (AEDS) builds wealth within African immigrant communities through economic development activities. We work throughout the Twin Cities metropolitan area to create wealth, lift immigrant communities out of poverty, and contribute to and benefit from the region's vibrant economy. |
| IRS990/MoreThan5000KToIndividualsInd | 0 | 0 |
| IRS990/MoreThan5000KToOrgInd | 0 | 0 |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | 200218 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 204437 |
| IRS990/NetUnrelatedBusTxblIncmAmt | 0 | 0 |
| IRS990/NondeductibleContributionsInd | 0 | 0 |
| IRS990/OccupancyGrp/FundraisingAmt | 0 | 1314 |
| IRS990/OccupancyGrp/ManagementAndGeneralAmt | 0 | 1502 |
| IRS990/OccupancyGrp/ProgramServicesAmt | 0 | 15954 |
| IRS990/OccupancyGrp/TotalAmt | 0 | 18770 |
| IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt | 0 | 13579 |
| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 13579 |
| IRS990/OfficerMailingAddressInd | 0 | 0 |
| IRS990/OperateHospitalInd | 0 | 0 |
| IRS990/Organization501c3Ind | 0 | X |
| IRS990/OrganizationFollowsSFAS117Ind | 0 | X |
| IRS990/OtherAssetsTotalGrp/BOYAmt | 0 | 627 |
| IRS990/OtherAssetsTotalGrp/EOYAmt | 0 | 627 |
| IRS990/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt | 0 | 830 |
| IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt | 0 | 949 |
| IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt | 0 | 10081 |
| IRS990/OtherEmployeeBenefitsGrp/TotalAmt | 0 | 11860 |
| IRS990/OtherExpensesGrp/Desc | 0 | Miscellaneous |
| IRS990/OtherExpensesGrp/Desc | 1 | Telephone |
| IRS990/OtherExpensesGrp/Desc | 2 | Printing and publicatio |
| IRS990/OtherExpensesGrp/Desc | 3 | Bank charges and fees |
| IRS990/OtherExpensesGrp/FundraisingAmt | 0 | 712 |
| IRS990/OtherExpensesGrp/FundraisingAmt | 1 | 146 |
| IRS990/OtherExpensesGrp/FundraisingAmt | 2 | 78 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 0 | 696 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 1 | 167 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 2 | 89 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 3 | 829 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 0 | 8650 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 1 | 1775 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 2 | 946 |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 10058 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 2088 |
| IRS990/OtherExpensesGrp/TotalAmt | 2 | 1113 |
| IRS990/OtherExpensesGrp/TotalAmt | 3 | 829 |
| IRS990/OtherLiabilitiesGrp/BOYAmt | 0 | 0 |
| IRS990/OtherLiabilitiesGrp/EOYAmt | 0 | 36252 |
| IRS990/OtherRevenueMiscGrp/BusinessCd | 0 | 900099 |
| IRS990/OtherRevenueMiscGrp/Desc | 0 | Miscellaneous Income |
| IRS990/OtherRevenueMiscGrp/ExclusionAmt | 0 | 232 |
| IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt | 0 | 232 |
| IRS990/OtherRevenueTotalAmt | 0 | 232 |
| IRS990/OtherSalariesAndWagesGrp/FundraisingAmt | 0 | 11921 |
| IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt | 0 | 13624 |
| IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt | 0 | 171212 |
| IRS990/OtherSalariesAndWagesGrp/TotalAmt | 0 | 196757 |
| IRS990/OtherWebsiteInd | 0 | X |
| IRS990/OthNotesLoansReceivableNetGrp/BOYAmt | 0 | 4608 |
| IRS990/OthNotesLoansReceivableNetGrp/EOYAmt | 0 | 65744 |
| IRS990/PartialLiquidationInd | 0 | 0 |
| IRS990/PayPremiumsPrsnlBnftCntrctInd | 0 | 0 |
| IRS990/PayrollTaxesGrp/FundraisingAmt | 0 | 1341 |
| IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt | 0 | 4024 |
| IRS990/PayrollTaxesGrp/ProgramServicesAmt | 0 | 21462 |
| IRS990/PayrollTaxesGrp/TotalAmt | 0 | 26827 |
| IRS990/PledgesAndGrantsReceivableGrp/EOYAmt | 0 | 32000 |
| IRS990/PoliticalCampaignActyInd | 0 | 0 |
| IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt | 0 | 1332 |
| IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt | 0 | 233 |
| IRS990/PrincipalOfficerNm | 0 | Gene Gelgelu |
| IRS990/PriorPeriodAdjustmentsAmt | 0 | -5462 |
| IRS990/ProfessionalFundraisingInd | 0 | 0 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 0 | 900099 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 1 | 900099 |
| IRS990/ProgramServiceRevenueGrp/Desc | 0 | Program revenue |
| IRS990/ProgramServiceRevenueGrp/Desc | 1 | Home stretch fees |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 57396 |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 1 | 44302 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 0 | 57396 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 1 | 44302 |
| IRS990/ProgSrvcAccomActy2Grp/Desc | 0 | Homeownership and Financial Literacy Workshop program provided to 82 families in workshops and counseling in 2017. The program helps disadvantaged families and first time homebuyers make informed decisions as they fully realize their slice of the American Dream, and to help individuals or families develop the skills necessary to succeed in the complex world of finance. Housing counselors can review your finances, credit report, and provide information on current mortgage loan programs, including down payment and closing cost assistance. Workshops will also assist in learning to make educated financial decisions and achieve financial goals. |
| IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt | 0 | 18812 |
| IRS990/ProgSrvcAccomActy2Grp/RevenueAmt | 0 | 9440 |
| IRS990/ProgSrvcAccomActy3Grp/Desc | 0 | Little Africa engaged with over 2,000 people through our events in 2017. This program is designed to engage with artists and communities to build local economy through art and cultural activities. |
| IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt | 0 | 57888 |
| IRS990/ProgSrvcAccomActy3Grp/RevenueAmt | 0 | 27500 |
| IRS990/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990/PYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/PYContributionsGrantsAmt | 0 | 198424 |
| IRS990/PYExcessBenefitTransInd | 0 | 0 |
| IRS990/PYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/PYInvestmentIncomeAmt | 0 | 76 |
| IRS990/PYOtherExpensesAmt | 0 | 172124 |
| IRS990/PYOtherRevenueAmt | 0 | 203 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 178006 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | 27936 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 176649 |
| IRS990/PYTotalExpensesAmt | 0 | 348773 |
| IRS990/PYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/PYTotalRevenueAmt | 0 | 376709 |
| IRS990/QuidProQuoContributionsInd | 0 | 0 |
| IRS990/RcvFndsToPayPrsnlBnftCntrctInd | 0 | 0 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | 9681 |
| IRS990/RegularMonitoringEnfrcInd | 0 | 1 |
| IRS990/RelatedEntityInd | 0 | 0 |
| 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 | 64758 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 348297 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 198424 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 314520 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 124395 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 49995 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 1035631 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt | 0 | 1666 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt | 0 | 76 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 9 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 78 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 19 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt | 0 | 1848 |
| IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt | 0 | 101930 |
| IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt | 0 | 178209 |
| IRS990ScheduleA/OtherIncome170Grp/TotalAmt | 0 | 280139 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY170Pct | 0 | 0.78600 |
| IRS990ScheduleA/PublicSupportPY170Pct | 0 | 0.80340 |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 1035631 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind | 0 | X |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt | 0 | 348297 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt | 0 | 198424 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 314520 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 124395 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 49995 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 1035631 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 1317618 |
| IRS990/ScheduleBRequiredInd | 0 | 1 |
| IRS990ScheduleD/EquipmentGrp/BookValueAmt | 0 | 19326 |
| IRS990ScheduleD/EquipmentGrp/DepreciationAmt | 0 | 5199 |
| IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt | 0 | 24525 |
| IRS990ScheduleD/ExpensesNotReportedAmt | 0 | 0 |
| IRS990ScheduleD/ExpensesNotRptFinclStmtAmt | 0 | 0 |
| IRS990ScheduleD/ExpensesSubtotalAmt | 0 | 442212 |
| IRS990ScheduleD/FootnoteTextInd | 0 | X |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 0 | 36252 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 0 | Due to MN Dept of Employment and Economic Development |
| IRS990ScheduleD/RevenueNotReportedAmt | 0 | 0 |
| IRS990ScheduleD/RevenueNotReportedFinclStmtAmt | 0 | 0 |
| IRS990ScheduleD/RevenueSubtotalAmt | 0 | 451893 |
| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 0 | The Organization is exempt from income tax under section 501(c)(3) of the Internal Revenue Code. Contributions to the Organization are tax deductible as the Organization qualifies under Section 170(c) of the Internal Revenue Code. During the years ended December 31, 2017 and 2016, the Organization has not incurred any interest or penalties on its tax returns. The Organization reviews and assesses its tax positions taken or expected to be taken in tax returns. Based on this assessment the Organization determines whether it is more likely than not that the position would be sustained upon examination by tax authorities. The Organization's assessment has not identified any significant positions that it believes would not be sustained under examination. The Organization has identified its tax status as a tax exempt entity as it's only significant tax position and has determined that such tax position does not result in an uncertainty requiring recognition. The Organization is not currently under examination by any taxing jurisdiction. Its federal income tax returns are generally open for examination for three years after the date of filing, including extensions. |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Part X, Line 2: |
| IRS990ScheduleD/TotalBookValueLandBuildingsAmt | 0 | 19326 |
| IRS990ScheduleD/TotalExpensesPerForm990Amt | 0 | 442212 |
| IRS990ScheduleD/TotalLiabilityAmt | 0 | 36252 |
| IRS990ScheduleD/TotalRevenuePerForm990Amt | 0 | 451893 |
| IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt | 0 | 451893 |
| IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt | 0 | 442212 |
| IRS990/ScheduleJRequiredInd | 0 | 0 |
| IRS990/ScheduleORequiredInd | 0 | 1 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | Board reviews the Form 990 at its meeting and approves before filing. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | The Board regularly monitors the compliance with the conflict of interest policy. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | Board decides the Executive Director's salary after doing market comparison and determining the organization's resources available for compensation. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | Form 990 is available upon request. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | Available upon request. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | Professional fees: Program service expenses 41,824. Management and general expenses 10,055. Fundraising expenses 4,268. Total expenses 56,147. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 6 | The Board of Directors assumes responsibility for oversight of the audit and selection of an independent accountant. These processes did not change from the prior year. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Form 990, Part VI, Section B, line 11b |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Form 990, Part VI, Section B, line 12c |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Form 990, Part VI, Section B, line 15 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | Form 990, Part VI, Section C, line 18 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | Form 990, Part VI, Section C, line 19 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | Form 990, Part IX, line 11g |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 6 | Form 990, Part XII, Line 2c: |
| IRS990/SchoolOperatingInd | 0 | 0 |
| IRS990/SignificantChangeInd | 0 | 0 |
| IRS990/SignificantNewProgramSrvcInd | 0 | 0 |
| IRS990/StatesWhereCopyOfReturnIsFldCd | 0 | MN |
| IRS990/SubjectToProxyTaxInd | 0 | 0 |
| IRS990/TaxablePartyNotificationInd | 0 | 0 |
| IRS990/TaxExemptBondsInd | 0 | 0 |
| IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt | 0 | 35000 |
| IRS990/TempOrPermanentEndowmentsInd | 0 | 0 |
| IRS990/TerminateOperationsInd | 0 | 0 |
| IRS990/TotalAssetsBOYAmt | 0 | 203572 |
| IRS990/TotalAssetsEOYAmt | 0 | 261355 |
| IRS990/TotalAssetsGrp/BOYAmt | 0 | 203572 |
| IRS990/TotalAssetsGrp/EOYAmt | 0 | 261355 |
| IRS990/TotalCompGreaterThan150KInd | 0 | 0 |
| IRS990/TotalContributionsAmt | 0 | 348297 |
| IRS990/TotalEmployeeCnt | 0 | 10 |
| IRS990/TotalFunctionalExpensesGrp/FundraisingAmt | 0 | 26631 |
| IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt | 0 | 57336 |
| IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt | 0 | 358245 |
| IRS990/TotalFunctionalExpensesGrp/TotalAmt | 0 | 442212 |
| IRS990/TotalGrossUBIAmt | 0 | 0 |
| IRS990/TotalLiabilitiesBOYAmt | 0 | 3354 |
| IRS990/TotalLiabilitiesEOYAmt | 0 | 56918 |
| IRS990/TotalLiabilitiesGrp/BOYAmt | 0 | 3354 |
| IRS990/TotalLiabilitiesGrp/EOYAmt | 0 | 56918 |
| IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt | 0 | 200218 |
| IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt | 0 | 204437 |
| IRS990/TotalOtherCompensationAmt | 0 | 0 |
| IRS990/TotalProgramServiceExpensesAmt | 0 | 358245 |
| IRS990/TotalProgramServiceRevenueAmt | 0 | 101698 |
| IRS990/TotalReportableCompFromOrgAmt | 0 | 66042 |
| IRS990/TotalRevenueGrp/ExclusionAmt | 0 | 1898 |
| IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 101698 |
| IRS990/TotalRevenueGrp/TotalRevenueColumnAmt | 0 | 451893 |
| IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt | 0 | 0 |
| IRS990/TotalVolunteersCnt | 0 | 30 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt | 0 | 203572 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt | 0 | 261355 |
| IRS990/TotReportableCompRltdOrgAmt | 0 | 0 |
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Displayed year
2017 • Form 990Detailed filing. Detailed filing data is available for this year.