ACCESS TO CAPITAL FOR ENTREPRENEURS INC
AI Summary
ACCESS TO CAPITAL FOR ENTREPRENEURS INC is a nonprofit organization dedicated to economic development by providing loans that help small businesses grow and overcome barriers to capital access. With an operating budget of $15.4 million and total revenue of $25 million for the filing year 2024, the organization collaborates with major funders such as The Chicago Community Trust, Wells Fargo Foundation, and The Bank of America Charitable Foundation Inc. It does not rely on any single funder for 50% or more of its revenue. For more information, visit www.aceloans.org.
Mission Statement
TO PROVIDE LOANS TO HELP SMALL BUSINESSES GROW BY REMOVING BARRIERS TO CAPITAL ACCESS.
Cause Areas
1
Economic development
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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Frequently Asked Questions
What is ACCESS TO CAPITAL FOR ENTREPRENEURS INC’s budget?
In 2024, ACCESS TO CAPITAL FOR ENTREPRENEURS INC reported an annual operating budget of around $15.4 million. More detailed financial information is available to registered users.
What causes does ACCESS TO CAPITAL FOR ENTREPRENEURS INC support?
ACCESS TO CAPITAL FOR ENTREPRENEURS INC supports work in Economic development.
Where does ACCESS TO CAPITAL FOR ENTREPRENEURS INC operate?
ACCESS TO CAPITAL FOR ENTREPRENEURS INC is headquartered in Cleveland, GA.
Who funded ACCESS TO CAPITAL FOR ENTREPRENEURS INC recently?
In 2025, ACCESS TO CAPITAL FOR ENTREPRENEURS INC received grants from CHARITIES AID FOUNDATION AMERICA, The Chicago Community Trust, and NCR FOUNDATION. More information on this organization’s funders is available to registered users.
What is the largest grant ACCESS TO CAPITAL FOR ENTREPRENEURS INC received in 2024?
The largest grant to ACCESS TO CAPITAL FOR ENTREPRENEURS INC in 2024 exceeds $10 million.
What is ACCESS TO CAPITAL FOR ENTREPRENEURS INC’s reliance on government grants?
ACCESS TO CAPITAL FOR ENTREPRENEURS INC relied on government grants for more than 5% of their total revenue in 2024.