Civic Intelligence

African American Entrepreneurs Association Inc

EIN 82-4144646 • 501(c)3 • Daytona Beach, FL

Profile

Economic development

601 Innovation Way Apt Unit 1Daytona Beach, FL 32114

http//www.aaeassociation.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

95th percentile

1.60x

Higher debt load relative to assets than 95% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

95th percentile

1.13x

Higher debt load relative to revenue than 95% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Net Margin

41st percentile

-1.8%

Higher net margin than 41% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2024

Asset Growth

52nd percentile

-0.8%

Faster asset growth than 52% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

18th percentile

-50%

Faster revenue growth than 18% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets95th percentile

Assets

Down

$42,535

Down $332 (-0.8%) from 2023

Liabilities

Up

$68,129

Up $729 (+1.1%) from 2023

Net Assets

Down

-$25,594

Down $1,061 (-4.3%) from 2023

Operations
Liabilities / Revenue95th percentileNet Margin41st percentile

Revenue

Down

$60,294

Down $60,888 (-50%) from 2023

Expenses

Down

$61,355

Down $43,262 (-41%) from 2023

Net Income

Down

-$1,061

Down $17,626 (-106%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth52nd percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$100K$50K$0-$50KAssets 2018: $2,071Liabilities 2018: $15,788Net Assets 2018: -$13,7172018Assets 2019: $18,971Liabilities 2019: $27,908Net Assets 2019: -$8,9372019Assets 2020: $3,471Liabilities 2020: $33,283Net Assets 2020: -$29,8122020Assets 2021: $41,193Liabilities 2021: $67,400Net Assets 2021: -$26,2072021Assets 2022: $26,302Liabilities 2022: $67,400Net Assets 2022: -$41,0982022Assets 2023: $42,867Liabilities 2023: $67,400Net Assets 2023: -$24,5332023Assets 2024: $42,535Liabilities 2024: $68,129Net Assets 2024: -$25,5942024

Highlighted filing

2024

Assets$42,535
Liabilities$68,129
Net Assets-$25,594
Open 2024 Filing

Operations Trend

Revenue Growth18th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$150K$100K$50K$0-$50KRevenue 2018: $19,613Expenses 2018: $33,330Net Income 2018: -$13,7172018Revenue 2019: $39,501Expenses 2019: $34,721Net Income 2019: $4,7802019Revenue 2020: $48,038Expenses 2020: $54,116Net Income 2020: -$6,0782020Revenue 2021: $41,383Expenses 2021: $41,201Net Income 2021: $1822021Revenue 2022: $82,745Expenses 2022: $97,636Net Income 2022: -$14,8912022Revenue 2023: $121,182Expenses 2023: $104,617Net Income 2023: $16,5652023Revenue 2024: $60,294Expenses 2024: $61,355Net Income 2024: -$1,0612024

Highlighted filing

2024

Revenue$60,294
Expenses$61,355
Net Income-$1,061
Open 2024 Filing

Filings

Most recent year

2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$42,535
Liabilities
$68,129
Net assets
-$25,594
Revenue
$60,294
Expenses
$61,355
Net income
-$1,061
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.43$0.68$0.26$0.60$0.61$0.01
2023Detailed filing. Detailed filing data is available for this year.$0.43$0.67$0.25$1.21$1.05$0.17
2022Detailed filing. Detailed filing data is available for this year.$0.26$0.67$0.41$0.83$0.98$0.15
2021Detailed filing. Detailed filing data is available for this year.$0.41$0.67$0.26$0.41$0.41$0.00
2020Detailed filing. Detailed filing data is available for this year.$0.03$0.33$0.30$0.48$0.54$0.06
2019Detailed filing. Detailed filing data is available for this year.$0.19$0.28$0.09$0.40$0.35$0.05
2018Detailed filing. Detailed filing data is available for this year.$0.02$0.16$0.14$0.20$0.33$0.14
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 17, 2025
Return Version
2024v5.2
Gross Receipts
$60,294
Mission and Program Overview

Mission

Economic development

Program Services

DescriptionGrantsExpenses
The Organization creates economic development through entrepreneurship within the underserved African-American community through education, mentoring, workshops, group economics, and micro-financing opportunities for 281 members.-$48,063
Compensation and Service Providers
Top Officer Pay81st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
LESLIE F GISCOMBEChairman/CEOPT$0--
PARKER VAN HEARTBoard MemberPT$0--
KINGSLEY D MAITLANDBoard MemberPT$0--
Filing and Contact Details

Filer

Filer Name
African American Entrepreneurs Association Inc
EIN
82-4144646
Phone
3862342014
Address
601 INNOVATION WAY APT UNIT 1, DAYTONA BEACH, FL 32114

Signing Officer

Name
Leslie Giscombe
Title
President
Phone
3862342014
Signed
2025-11-17
Discuss with paid preparer
Yes

Preparer

Firm
Maitland & Associates Inc
Address
31 Lupi Court Suite 120, Palm Coast, FL 32137-4761
Preparer
Kingsley D Maitland MBA CPA
Phone
8662856422
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 16, Other Expenses

“Conferences, conventions, and meetings 3,391”

Form 990-EZ, Part I, Line 16, Other Expenses

“Supplies 1,259”

Form 990-EZ, Part I, Line 16, Other Expenses

“Telephone 919”

Form 990-EZ, Part I, Line 16, Other Expenses

“Advertising and promotion 3,215”

Form 990-EZ, Part I, Line 16, Other Expenses

“Dues and subscription 1,497”

Form 990-EZ, Part I, Line 16, Other Expenses

“License and permit 561”

Form 990-EZ, Part I, Line 16, Other Expenses

“Office expense 8,724”

Form 990-EZ, Part I, Line 16, Other Expenses

“Program outreach 17,243”

Form 990-EZ, Part I, Line 16, Other Expenses

“Insurance 1,291”

Form 990-EZ, Part I, Line 16, Other Expenses

“Outside services 11,306”

Form 990-EZ, Part II, Line 24, Other Assets

“OTHER RECEIVABLE Beginning of year 42,162, End of year 42,162”

Form 990-EZ, Part II, Line 26, Liabilities

“SBA EIDL LOAN Beginning of year 67,400, End of year 68,129”

Raw XML Appendix166 raw XML fields

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

Path#Value
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IRS990EZ/BooksInCareOfDetail/PhoneNum08662856422
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IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0PALM COAST
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0FL
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd032137
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt0705
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IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0-24533
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0-25594
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0-24533
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0-25594
IRS990EZ/OccupancyRentUtltsAndMaintAmt06147
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0CHAIRMAN/CEO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1BOARD MEMBER
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IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
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IRS990EZ/OtherAssetsTotalDetail/BOYAmt042162
IRS990EZ/OtherAssetsTotalDetail/EOYAmt042162
IRS990EZ/OtherExpensesTotalAmt049406
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IRS990EZ/PrintingPublicationsPostageAmt02921
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IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt048063
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt067400
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt068129
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TotalExpensesAmt061355
IRS990EZ/TotalProgramServiceExpensesAmt048063
IRS990EZ/TotalRevenueAmt060294
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0http//www.aaeassociation.org
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt060294
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0112371
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt069350
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt028359
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IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0295353
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/TotalAmt00
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct01.00000
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IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
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IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Conferences, conventions, and meetings 3,391
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Supplies 1,259
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Telephone 919
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Advertising and promotion 3,215
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Dues and subscription 1,497
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5License and permit 561
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Office expense 8,724
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Program outreach 17,243
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8Insurance 1,291
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9Outside services 11,306
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10OTHER RECEIVABLE Beginning of year 42,162, End of year 42,162
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11SBA EIDL LOAN Beginning of year 67,400, End of year 68,129
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Part I, Line 16, Other Expenses
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Form 990-EZ, Part II, Line 24, Other Assets
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc11Form 990-EZ, Part II, Line 26, Liabilities
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0LESLIE GISCOMBE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum03862342014
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-11-17
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0AFRICAN AMERICAN ENTREPRENEURS ASSOCIATION INC
ReturnHeader/Filer/BusinessNameControlTxt0AFRI
ReturnHeader/Filer/EIN0824144646
ReturnHeader/Filer/PhoneNum03862342014
ReturnHeader/Filer/USAddress/AddressLine1Txt0601 INNOVATION WAY APT UNIT 1
ReturnHeader/Filer/USAddress/CityNm0DAYTONA BEACH
ReturnHeader/Filer/USAddress/StateAbbreviationCd0FL
ReturnHeader/Filer/USAddress/ZIPCd032114
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0352034593
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Maitland & Associates Inc
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt031 Lupi Court Suite 120
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Palm Coast
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0FL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0321374761
ReturnHeader/PreparerPersonGrp/PhoneNum08662856422
ReturnHeader/PreparerPersonGrp/PreparationDt02025-11-17
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Kingsley D Maitland MBA CPA
ReturnHeader/ReturnTs02025-11-17T11:38:19-00:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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