INKOMOKO: Form 990, tax year 2021

View the entire original 990 at ProPublica ↗

Organization
INKOMOKO (EIN 46-0743201)
Tax period
2021-01-01 to 2021-12-31
Filed
2022-08-22
IRS object ID
202242349349301404
Schema version
2021v4.0
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2022-08-22T10:28:58-07:00ReturnTs
Tax Period End2021-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN262176601PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1EASY OFFICE dba JITASABusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line11750 W FRONT STREET SUITE 200AddressLine1Txt
CityBOISECityNm
State AbbreviationIDStateAbbreviationCd
ZIP83702ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2021-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN460743201EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1AFRICAN ENTREPRENEURSHIP COLLECTIVEBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlAFRIBusinessNameControlTxt
Phone4158157576PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 209AddressLine1Txt
CityCLINTONCityNm
State AbbreviationWAStateAbbreviationCd
ZIP98236ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonSARA LEEDOMPersonNm
Person TitleCOOPersonTitleTxt
Signature2022-08-22SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonJEREMY CORKPreparerPersonNm
PTINP01544850PTIN
Phone2082874777PhoneNum
Preparation2022-08-22PreparationDt

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

FieldValueIRS element (for citing)
Trusted Customer1TrustedCustomerCd
OOB Security Verification11OOBSecurityVerificationCd
Last Submission Rqr OOB0LastSubmissionRqrOOBCd
Authentication Assurance LevelAAL2AuthenticationAssuranceLevelCd
FieldValueIRS element (for citing)
Tax2021TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerSARA LEEDOMPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 209AddressLine1Txt
CityCLINTONCityNm
State AbbreviationWAStateAbbreviationCd
ZIP98236ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$6,049,617GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website Addresswww.africanentrepreneurcollective.orgWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2012FormationYr
Legal Domicile StateCALegalDomicileStateCd
Activity Or MissionAEC'S MISSION IS TO SUPPORT AFRICAN ENTREPRENEURS TO GROW THEIR BUSINESSES TO CREATE JOBS, IMPROVE LIVELIHOODS, AND DEVELOP LASTING ECONOMIC DEVELOPMENT IN THEIR COMMUNITIES.ActivityOrMissionDesc
Voting Members Governing Body10VotingMembersGoverningBodyCnt
Voting Members Independent8VotingMembersIndependentCnt
Total Employee2TotalEmployeeCnt
Total Volunteers10TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$2,136,211PYContributionsGrantsAmt
CY Contributions Grants$4,427,205CYContributionsGrantsAmt
PY Program Service Revenue$2,085,900PYProgramServiceRevenueAmt
CY Program Service Revenue$1,577,650CYProgramServiceRevenueAmt
PY Investment Income$120PYInvestmentIncomeAmt
CY Investment Income$228CYInvestmentIncomeAmt
PY Other Revenue$33,995PYOtherRevenueAmt
CY Other Revenue$44,534CYOtherRevenueAmt
PY Total Revenue$4,256,226PYTotalRevenueAmt
CY Total Revenue$6,049,617CYTotalRevenueAmt
PY Grants And Similar Paid$0PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$453,778PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$425,403CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$22,174CYTotalFundraisingExpenseAmt
PY Other Expenses$244,965PYOtherExpensesAmt
CY Other Expenses$1,662,857CYOtherExpensesAmt
PY Total Expenses$698,743PYTotalExpensesAmt
CY Total Expenses$2,088,260CYTotalExpensesAmt
PY Revenues Less Expenses$3,557,483PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$3,961,357CYRevenuesLessExpensesAmt
Total Assets BOY$8,741,001TotalAssetsBOYAmt
Total Assets EOY$11,434,782TotalAssetsEOYAmt
Total Liabilities BOY$649,090TotalLiabilitiesBOYAmt
Total Liabilities EOY$1,102,600TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$8,091,911NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$10,332,182NetAssetsOrFundBalancesEOYAmt
MissionAEC'S MISSION IS TO SUPPORT AFRICAN ENTREPRENEURS TO GROW THEIR BUSINESSES TO CREATE JOBS, IMPROVE LIVELIHOODS, AND DEVELOP LASTING ECONOMIC DEVELOPMENT IN THEIR COMMUNITIES.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$219,009ExpenseAmt
Grant$0GrantAmt
Revenue$1,577,650RevenueAmt
DescAEC 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.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$205,869ExpenseAmt
Grant$0GrantAmt
Revenue$0RevenueAmt
DescAEC'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.Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

FieldValueIRS element (for citing)
Expense$13,141ExpenseAmt
Grant$0GrantAmt
Revenue$0RevenueAmt
DescAS 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.Desc
FieldValueIRS element (for citing)
Total Other Prog Srvc Expense$0TotalOtherProgSrvcExpenseAmt
Total Other Prog Srvc Grant$0TotalOtherProgSrvcGrantAmt
Total Other Prog Srvc Revenue$0TotalOtherProgSrvcRevenueAmt
Total Program Service Expenses$438,019TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi Endowments0DonorRstrOrQuasiEndowmentsInd
Report Land Building Equipment0ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other AssetsYes (1)ReportOtherAssetsInd
Report Other Liabilities0ReportOtherLiabilitiesInd
Include FIN48 Footnote0IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (1)IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign OfficeYes (1)ForeignOfficeInd
Foreign ActivitiesYes (1)ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J RequiredYes (1)ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related EntityYes (1)RelatedEntityInd
Related Organization Ctrl EntYes (1)RelatedOrganizationCtrlEntInd
Transaction With Control EntYes (1)TransactionWithControlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document3IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee2EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial AccountYes (1)ForeignFinancialAccountInd
Foreign CountryETForeignCountryCd
Foreign CountryKEForeignCountryCd
Foreign CountryRWForeignCountryCd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members10GoverningBodyVotingMembersCnt
Independent Voting Member8IndependentVotingMemberCnt
Family Or Business RlnYes (1)FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn Body0Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower Policy0WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process OtherYes (1)CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldCAStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonSARA LEEDOMPersonNm
Phone4158157576PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 209AddressLine1Txt
CityCLINTONCityNm
State AbbreviationWAStateAbbreviationCd
ZIP98236ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (10 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
JULIENNE OYLER
CO-FOUNDER & CEO40Yes (X)Yes (X)$172,235$0$8,310
SARA LEEDOM
CO-FOUNDER & COO40Yes (X)Yes (X)$172,235$0$8,310
MICHAEL PAYNE
CHAIRMAN10Yes (X)Yes (X)$0$0$0
MARIA PALMA
VICE CHAIR3Yes (X)Yes (X)$0$0$0
TOM RYAN
TREASURER3Yes (X)Yes (X)$0$0$0
JULIA TAFT
SECRETARY3Yes (X)Yes (X)$0$0$0
LAUREN RAWLINGS
BOARD MEMBER3Yes (X)$0$0$0
MARIEVE GAUTHIER-UBOI
BOARD MEMBER3Yes (X)$0$0$0
MARION NTIRU
BOARD MEMBER3Yes (X)$0$0$0
SHIPRA KAYAN
BOARD MEMBER3Yes (X)$0$0$0
FieldValueIRS element (for citing)
Total Reportable Comp From Org$344,470TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$16,620TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K2IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt
Federated Campaigns$0FederatedCampaignsAmt
Membership Dues$0MembershipDuesAmt
Fundraising$0FundraisingAmt
Related Organizations$0RelatedOrganizationsAmt
Government Grants$619,271GovernmentGrantsAmt
All Other Contributions$3,807,934AllOtherContributionsAmt
Noncash Contributions$0NoncashContributionsAmt
Total Contributions$4,427,205TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp

FieldValueIRS element (for citing)
DescENTREPRENEUR MENTORING & TRAININGDesc
Business900099BusinessCd
Total Revenue Column$1,577,650TotalRevenueColumnAmt
Related Or Exempt Func Income$1,577,650RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$0ExclusionAmt

Total Oth Program Service Rev TotalOthProgramServiceRevGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$0ExclusionAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$1,577,650TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$228TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$228ExclusionAmt

Incm From Invest Bond Proceeds IncmFromInvestBondProceedsGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$0ExclusionAmt

Royalties Revenue RoyaltiesRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$0ExclusionAmt

Rental Income Or Loss RentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Real$0RealAmt
Personal$0PersonalAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$0SecuritiesAmt
Other$0OtherAmt
FieldValueIRS element (for citing)
Contri Rpt Fundraising Event$0ContriRptFundraisingEventAmt

Miscellaneous Revenue MiscellaneousRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$44,534TotalRevenueColumnAmt
Related Or Exempt Func Income$44,534RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$0ExclusionAmt
FieldValueIRS element (for citing)
Other Revenue Total$44,534OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$6,049,617TotalRevenueColumnAmt
Related Or Exempt Func Income$1,622,184RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$228ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$0TotalAmt
Program Services$0ProgramServicesAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$0TotalAmt
Program Services$0ProgramServicesAmt

Foreign Grants ForeignGrantsGrp

FieldValueIRS element (for citing)
Total$0TotalAmt
Program Services$0ProgramServicesAmt

Benefits To Members BenefitsToMembersGrp

FieldValueIRS element (for citing)
Total$0TotalAmt
Program Services$0ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$344,471TotalAmt
Program Services$241,129ProgramServicesAmt
Management And General$86,118ManagementAndGeneralAmt
Fundraising$17,224FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$47,092TotalAmt
Program Services$32,964ProgramServicesAmt
Management And General$11,773ManagementAndGeneralAmt
Fundraising$2,355FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$6,435TotalAmt
Program Services$4,504ProgramServicesAmt
Management And General$1,609ManagementAndGeneralAmt
Fundraising$322FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$14,648TotalAmt
Program Services$10,254ProgramServicesAmt
Management And General$3,662ManagementAndGeneralAmt
Fundraising$732FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$12,757TotalAmt
Program Services$8,930ProgramServicesAmt
Management And General$3,189ManagementAndGeneralAmt
Fundraising$638FundraisingAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$41,622TotalAmt
Program Services$10,188ProgramServicesAmt
Management And General$31,434ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$102,501TotalAmt
Program Services$94,067ProgramServicesAmt
Management And General$8,434ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$8,897TotalAmt
Program Services$6,781ProgramServicesAmt
Management And General$1,942ManagementAndGeneralAmt
Fundraising$174FundraisingAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$11,141TotalAmt
Program Services$5,013ProgramServicesAmt
Management And General$5,571ManagementAndGeneralAmt
Fundraising$557FundraisingAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$2,677TotalAmt
Program Services$2,333ProgramServicesAmt
Management And General$172ManagementAndGeneralAmt
Fundraising$172FundraisingAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$6,174TotalAmt
Management And General$6,174ManagementAndGeneralAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$21,856TotalAmt
Program Services$21,856ProgramServicesAmt

Other Expenses OtherExpensesGrp

FieldValueIRS element (for citing)
DescIMPAIRMENT LOSS ON SUBSIDIARIESDesc
Total$1,467,989TotalAmt
Program Services$0ProgramServicesAmt
Management And General$1,467,989ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$2,088,260TotalAmt
Program Services$438,019ProgramServicesAmt
Management And General$1,628,067ManagementAndGeneralAmt
Fundraising$22,174FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$468,627BOYAmt
EOY$1,113,619EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$710,071BOYAmt
EOY$257,584EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$7,562,303BOYAmt
EOY$10,063,579EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$8,741,001BOYAmt
EOY$11,434,782EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$43,906BOYAmt
EOY$180,540EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$100,000BOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

FieldValueIRS element (for citing)
BOY$25,000BOYAmt

Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp

FieldValueIRS element (for citing)
BOY$480,184BOYAmt
EOY$922,060EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$649,090BOYAmt
EOY$1,102,600EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$8,091,911BOYAmt
EOY$10,332,182EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$8,091,911BOYAmt
EOY$10,332,182EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$8,741,001BOYAmt
EOY$11,434,782EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$3,961,357ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$0NetUnrlzdGainsLossesInvstAmt
Donated Services And Use Fclts$0DonatedServicesAndUseFcltsAmt
Investment Expense$0InvestmentExpenseAmt
Prior Period Adjustments-$1,721,086PriorPeriodAdjustmentsAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$901,630CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$1,956,464CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$1,189,486CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$2,136,211CurrentTaxYearMinus1YearAmt
Current Tax Year$4,427,205CurrentTaxYearAmt
Total$10,610,996TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$901,630CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$1,956,464CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$1,189,486CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$2,136,211CurrentTaxYearMinus1YearAmt
Current Tax Year$4,427,205CurrentTaxYearAmt
Total$10,610,996TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$5,651,038SubstantialContributorsTotAmt
Public Support Total170$4,959,958PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$136CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$298CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$1,636CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$120CurrentTaxYearMinus1YearAmt
Current Tax Year$228CurrentTaxYearAmt
Total$2,418TotalAmt

Other Income170 OtherIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus2 Years$7,464CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$33,995CurrentTaxYearMinus1YearAmt
Current Tax Year$44,534CurrentTaxYearAmt
Total$85,993TotalAmt
FieldValueIRS element (for citing)
Total Support$10,699,407TotalSupportAmt
Gross Receipts Rltd Activities$5,275,569GrossReceiptsRltdActivitiesAmt
Public Support CY1700.46357PublicSupportCY170Pct
Public Support PY1700.36691PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

Form990 Schedule A Part VI Form990ScheduleAPartVIGrp

FieldValueIRS element (for citing)
Form And Line ReferenceSchedule A, Part II, Line 10FormAndLineReferenceDesc
ExplanationOTHER MISCELLANEOUS REVENUE.ExplanationTxt

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

Other Assets Org OtherAssetsOrgGrp (2 entries)

DescDescBook ValueBookValueAmt
INVESTMENT IN SUBSIDIARIES$9,396,657
OTHER ASSETS$666,922
FieldValueIRS element (for citing)
Total Book Value Other Assets$10,063,579TotalBookValueOtherAssetsAmt
Total Rev Etc Audited Fincl Stmt$6,049,617TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst$0NetUnrealizedGainsInvstAmt
Donated Services And Use Fclts$0DonatedServicesAndUseFcltsAmt
Recoveries Prior Year Grants$0RecoveriesPriorYearGrantsAmt
Other Revenue$0OtherRevenueAmt
Revenue Not Reported$0RevenueNotReportedAmt
Revenue Subtotal$6,049,617RevenueSubtotalAmt
Investment Expenses Not Incld$0InvestmentExpensesNotIncldAmt
Other Revenues Not Included$0OtherRevenuesNotIncludedAmt
Revenue Not Reported Fincl Stmt$0RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$6,049,617TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$1,743,790TotExpnsEtcAuditedFinclStmtAmt
Donated Services Use Fclts$0DonatedServicesUseFcltsAmt
Prior Year Adjustments$0PriorYearAdjustmentsAmt
Losses Reported$0LossesReportedAmt
Other Expenses Included$0OtherExpensesIncludedAmt
Expenses Not Reported$0ExpensesNotReportedAmt
Expenses Subtotal$1,743,790ExpensesSubtotalAmt
Investment Expenses Not Incld2$0InvestmentExpensesNotIncld2Amt
Other Expenses Not Included$344,470OtherExpensesNotIncludedAmt
Expenses Not Rpt Fincl Stmt$344,470ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$2,088,260TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSchedule D, Part XII, Line 4bFormAndLineReferenceDesc
ExplanationOFFICER COMPENSATION REPORTED SEPARATELY ON AUDIT.ExplanationTxt

Schedule F IRS990ScheduleF

Account Activities Outside US AccountActivitiesOutsideUSGrp

FieldValueIRS element (for citing)
RegionSub-Saharan AfricaRegionTxt
Offices4OfficesCnt
Employee0EmployeeCnt
Type Of Activities ConductedProgram ServicesTypeOfActivitiesConductedTxt
Specific Services ProvidedPROGRAM SERVICES INCLUDE JOB CREATION ACTIVITIES WITH AFRICAN ENTREPRENEURS WHICH INCLUDE MENTORING AND TRAINING PROGRAMS, AND LOW-COST FINANCING BUSINESS LOANS TO SUPPORT BUSINESS GROWTH.SpecificServicesProvidedTxt
Region Total Expenditures$438,019RegionTotalExpendituresAmt
FieldValueIRS element (for citing)
Total Office4TotalOfficeCnt
Total Employee0TotalEmployeeCnt
Total Spent$438,019TotalSpentAmt
Transfer To Foreign Corp0TransferToForeignCorpInd
Interest In Foreign Trust0InterestInForeignTrustInd
Foreign Corp OwnershipYes (1)ForeignCorpOwnershipInd
Passive Foreign Investmest Co0PassiveForeignInvestmestCoInd
Foreign Partnership0ForeignPartnershipInd
Boycott Countries0BoycottCountriesInd

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Board Or Committee ApprovalYes (X)BoardOrCommitteeApprovalInd
Severance Payment0SeverancePaymentInd
Supplemental Nonqual Rtr Plan0SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm0EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org0CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs0CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org0CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs0CompBsdNetEarnsRltdOrgsInd
Any Non Fixed Payments0AnyNonFixedPaymentsInd
Initial Contract Exception0InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (2 entries)

TitleTitleTxtBase Compensation Filing OrgBaseCompensationFilingOrgAmtCompensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmtBonus Filing OrganizationBonusFilingOrganizationAmountBonus Related OrganizationsBonusRelatedOrganizationsAmtOther Compensation Filing OrgOtherCompensationFilingOrgAmtOther Compensation Rltd OrgsOtherCompensationRltdOrgsAmtDeferred Compensation Flng OrgDeferredCompensationFlngOrgAmtDeferred Comp Rltd OrgsDeferredCompRltdOrgsAmtNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmtNontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmtTotal Compensation Rltd OrgsTotalCompensationRltdOrgsAmtComp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmtComp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
JULIENNE OYLER
CO-FOUNDER & CEO$107,235$0$65,000$0$0$0$2,910$0$5,400$0$180,545$0$0$0
SARA LEEDOM
CO-FOUNDER & COO$107,235$0$65,000$0$0$0$2,910$0$5,400$0$180,545$0$0$0

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (5 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Form 990, Part VI, Section A, Line 2CO-FOUNDERS JULIENNE OYLER AND SARA LEEDOM OWN PROPERTY TOGETHER.
Form 990, Part VI, Section B, Line 11bTHE FORM 990 IS REVIEWED BY MEMBERS OF THE BOARD, OR A SUB-COMMITTEE THEREOF, PRIOR TO FILING.
Form 990, Part VI, Section B, Line 12cTHE CONFLICT OF INTEREST POLICY IS REVIEWED PERIODICALLY AT BOARD MEETINGS WITH THE BOARD CHAIR.
Form 990, Part VI, Section B, Line 15THE 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.
Form 990, Part VI, Section C, Line 19FINANCIAL AND GOVERNING DOCUMENTS ARE AVAILABLE UPON REASONABLE REQUEST.

Schedule R IRS990ScheduleR

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (4 entries)

Address Line1ForeignAddress/AddressLine1TxtAddress Line2ForeignAddress/AddressLine2TxtCityForeignAddress/CityNmProvince Or StateForeignAddress/ProvinceOrStateNmCountryForeignAddress/CountryCdPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile Foreign CountryLegalDomicileForeignCountryCdBusiness Name Line1DirectControllingEntityName/BusinessNameLine1TxtControlled OrganizationControlledOrganizationInd
AEC RWANDA TRUSTEE COMPANY LIMITED
FAIRVIEW BUILDING 1ST FLOORKG AVE 622KIGALI CITYKIGALIRWACCESS TO LOW-COST FINANCING FOR ENTREPRENEURSRWAFRICAN ENTREPRENEURSHIP COLLECTIVEYes (1)
INKOMOKO BUSINESS DEVELOPMENT LIMITED
FAIRVIEW BUILDING 1ST FLOORKG AVE 622KIGALI CITYKIGALIRWENTREPRENEUR MENTORING AND TRAININGRWAFRICAN ENTREPRENEURSHIP COLLECTIVEYes (1)
AEC KENYA LIMITED
PO BOX 76490 - 00508NAIROBIKENYAKEENTREPRENEUR MENTORING, TRAINING, AND CONSULTINGKEAFRICAN ENTREPRENEURSHIP COLLECTIVEYes (1)
AEC BUSINESS CONSULTING
ESHETU MAMO BUILDING - KEBELE 01/02CHURCHILL ROAD - ARADA SUBCITYADDIS ABADAETHIOPIAETTRAINING, CONSULTING, AND ACCESS TO FINANCES FOR REFUGEE ENTREPRENEURS ACROSS THE COUNTRYETAFRICAN ENTREPRENEURSHIP COLLECTIVEYes (1)
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts Rylts0ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth OrgYes (1)GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth Org0GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other Org0LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth Org0LoansOrGuaranteesFromOthOrgInd
Div Related Organization0DivRelatedOrganizationInd
Asset Sale To Other Org0AssetSaleToOtherOrgInd
Asset Purchase From Other Org0AssetPurchaseFromOtherOrgInd
Asset Exchange0AssetExchangeInd
Rental Of Facilities To Oth Org0RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth Org0RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth Org0PerformOfServicesForOthOrgInd
Perform Of Services By Other Org0PerformOfServicesByOtherOrgInd
Sharing Of Facilities0SharingOfFacilitiesInd
Paid Employees Sharing0PaidEmployeesSharingInd
Reimbursement Paid To Other Org0ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other Org0ReimbursementPaidByOtherOrgInd
Transfer To Other Org0TransferToOtherOrgInd
Transfer From Other Org0TransferFromOtherOrgInd

Transactions Related Org TransactionsRelatedOrgGrp (3 entries)

Transaction TypeTransactionTypeTxtInvolvedInvolvedAmtMethod Of Amount DeterminationMethodOfAmountDeterminationTxt
AEC RWANDA TRUSTEE COMPANY LIMITED
b$3,067,665FMV - CASH
AEC KENYA LIMITED
b$2,217,000FMV - CASH
AEC BUSINESS CONSULTING
b$100,000FMV - CASH

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