Logo for "ACCESS TO CAPITAL FOR ENTREPRENEURS INC"

ACCESS TO CAPITAL FOR ENTREPRENEURS INC

ACCESS TO CAPITAL FOR ENTREPRENEURS INC

Cleveland, GA, US
501(c)(3)
EIN
58-2383669
Logo for "ACCESS TO CAPITAL FOR ENTREPRENEURS INC"

ACCESS TO CAPITAL FOR ENTREPRENEURS INC

Cleveland, GA, US
501(c)(3)
EIN
58-2383669

Overview

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Est.

1998

Fiscal Year Start

Jan 1

Organization Type

Grantseeker
AI Summary
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ACCESS TO CAPITAL FOR ENTREPRENEURS INC is a nonprofit organization dedicated to economic development by providing loans to small businesses, aiming to remove barriers to capital access. With an operating budget of $15.4 million and total revenue of $25 million for the 2024 filing year, the organization is supported by various funders, none of which contribute 50% or more of its revenue. More information about their initiatives can be found on their website, www.aceloans.org.

Mission Statement

TO PROVIDE LOANS TO HELP SMALL BUSINESSES GROW BY REMOVING BARRIERS TO CAPITAL ACCESS.
Revenues

$25M

Expenses

$15.4M

Net Income:
+$9.6M
Assets

$134.3M

Liabilities

$71.1M

Net Assets:
+$63.2M
Operating Budget

$15.4M

Operating Budget by Year

Due Diligence

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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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Total No. of Grants

6

Median grant size
$59.9K
Largest grant received
$10M
G
Grace C Fricks
Board Member
S
Sandra Headley
Board Member
S
Sibyl Slade
Board Member

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 2024, ACCESS TO CAPITAL FOR ENTREPRENEURS INC received grants from The Chicago Community Trust, NCR FOUNDATION, and KAISER FOUNDATION HEALTH PLAN OF GEORGIAINC. 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.
Overview
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