Totals
- Total revenue
- $1,883,327
- Total expenses
- $1,662,367
- Contributions and grants received
- $1,758,471
- Grants paid
- $248,970
- Program service revenue
- $122,729
- Investment income
- $2,127
- Other revenue
- $0
- Total assets, end of year
- $1,020,508
- Total liabilities, end of year
- $0
- Net assets or fund balances, end of year
- $1,020,508
- Program services expenses (Part IX)
- $1,573,234
- Management and general expenses
- $51,509
- Fundraising expenses
- $37,624
- Program service expenses (Part III)
- $1,573,234
Program services were 94.6% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1f · All other contributions, gifts and grants
$1,758,471
-
2a · Program service revenue: Coaching
total $1,500 · related or exempt $1,500
-
2b · Program service revenue: Fiscal Sponsor
total $121,229 · related or exempt $121,229
-
3 · Investment income
total $2,127 · related or exempt $2,127
-
4 · Income from investment of tax-exempt bond proceeds
total $0
-
5 · Royalties
total $0
-
6d · Net rental income or loss
total $0
-
7d · Net gain or loss
total $0
-
8c · Net income from fundraising events
total $0
-
9c · Net income from gaming
total $0
-
10c · Net income from sales of inventory
total $0
-
11e · Other revenue, total
$0
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $248,970 · program services $248,970
-
2 · Grants to domestic individuals
total $0
-
3 · Grants to foreign organizations and individuals
total $0
-
4 · Benefits paid to or for members
total $0
-
5 · Compensation of officers, directors and key employees
total $72,196 · management and general $36,098 · fundraising $36,098
-
6 · Compensation of disqualified persons
total $0
-
7 · Other salaries and wages
total $0
-
8 · Pension plan contributions
total $0
-
9 · Other employee benefits
total $0
-
10 · Payroll taxes
total $0
-
11a · Fees: management
total $75,184 · program services $75,184
-
11b · Fees: legal
total $39,417 · program services $39,076 · management and general $341
-
11c · Fees: accounting
total $2,070 · management and general $2,070
-
11d · Fees: lobbying
total $0
-
11e · Fees: professional fundraising services
total $1,035 · fundraising $1,035
-
11f · Fees: investment management
total $0
-
11g · Fees: other
total $616,794 · program services $616,794
-
12 · Advertising and promotion
total $66,447 · program services $65,650 · management and general $797
-
13 · Office expenses
total $38,342 · program services $33,546 · management and general $4,305 · fundraising $491
-
14 · Information technology
total $89 · program services $89
-
15 · Royalties
total $0
-
16 · Occupancy
total $7,700 · program services $3,600 · management and general $4,100
-
17 · Travel
total $25,095 · program services $25,070 · management and general $25
-
18 · Travel or entertainment for public officials
total $0
-
19 · Conferences, conventions and meetings
total $23,766 · program services $23,766
-
20 · Interest
total $244 · program services $244
-
21 · Payments to affiliates
total $0
-
22 · Depreciation, depletion and amortization
total $0
-
23 · Insurance
total $6,271 · program services $2,498 · management and general $3,773
-
24a · Other expenses: Affiliate Fees
total $250,000 · program services $250,000
-
24b · Other expenses: Other NCTF Program Expenses
total $110,430 · program services $110,430
-
24c · Other expenses: Other BBI Program Expenses
total $47,454 · program services $47,454
-
24d · Other expenses: Sponsorship Fees
total $20,000 · program services $20,000
-
24e · All other expenses
total $10,863 · program services $10,863
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $799,548 · end of year $658,908
-
2 · Savings and temporary cash investments
end of year $0
-
3 · Pledges and grants receivable
end of year $0
-
4 · Accounts receivable
end of year $250,000
-
5 · Loans and receivables from officers and key people
end of year $0
-
6 · Loans and receivables from disqualified persons
end of year $0
-
7 · Other notes and loans receivable
end of year $105,000
-
8 · Inventories for sale or use
end of year $0
-
9 · Prepaid expenses and deferred charges
end of year $5,775
-
10c · Land, buildings and equipment, net
end of year $0
-
11 · Investments: publicly traded securities
end of year $0
-
12 · Investments: other securities
end of year $0
-
13 · Investments: program-related
end of year $0
-
14 · Intangible assets
end of year $0
-
15 · Other assets
end of year $825
-
27 · Net assets without donor restrictions
beginning of year $799,548 · end of year $1,020,508
Mission and programs · 2022
Mission
To lead an Economic Revolution by supporting members of the Black Community build their wealth through access to education, training, networks, and funding.
-
AYA served as fiscal sponsor for the New Community Transformation Fund (NCTF) a private venture equity fund directing equity capital to businesses and entrepreneurs of color in Colorado. The philanthrophic dollars allowed them to reach full capacity with operations, finance and administation. This has allowed them to dedicate time to finding investors for the fund. Additionally, the funds allowed support of (1) the first and only place-based equity venture fund for business owners and entrepreneurs of color; (2) the Latino Leadership Institute entrepreneur accelerator for Latinx businesses and entrepreneurial hub, and (3) DivInc, a BIPOC-focused entrepreneur accelerator for tech industries.
Expenses $1,426,774 · Grants $248,970 · Revenue $1,274,127
-
AYA Foundation served approximately 70 entrepreneurs in 2022. Approximately 95% of the entrepreneurs served are of the African diaspora, the remaining 5% are entrepreneurs of color. AYA offers the following supports: (1) JumpStart My Biz (a business fundamental boot camp for aspiring or start-up entrepreneurs), (2) Nav to Connect One-on-One Business Coaching, (3) Professional Services and Technical Assistance for entrepreneurs, (4) Vision Board Party (a community gathering to envision our future), and (5) Friends and Family start-up grants to entrepreneurs. AYA provides skill-building, technical assistance, friends and family capital, and mindset readiness to Black entrepreneurs at the beginning of their journey. These supports decrease the burnout and discouragement that Black entrepreneurs feel and face due to discrimination and inequities in the market. When Black entrepreneurs have the confidence, the knowledge, networks, and confidence to build their wealth through business ownership, society benefits because our economy becomes more diverse. Diversity in economies provides consumers with choices; produces new products and services.
Expenses $97,183 · Revenue $579,000
-
AYA served as fiscal sponsor for Black Business Initiative. The Black Business Initiative continues to serve Denver Black-owned businesses and entrepreneurs with its two flagship events aimed at education and networking: Black Capital and The Black Boss Summit. Both events took place in Denver last year. Combined, they attracted more than 200 participants on-line and at in-person events.
Expenses $49,277 · Revenue $30,200
As filed on the 2022 return.
Listed in Part VII
-
Benny Samuels
Executive Dir.
- Total calculated
- $72,195
- From this org
- $72,195
- From related orgs
- $0
- Other
- $0
- Hours/week
- 0.5
-
Javon BrameJAVON BRAME
Director
- Total calculated
- $0
- Hours/week
- 0.5
-
Denise BurgessDENISE BURGESS
Director
- Total calculated
- $0
- Hours/week
- 0.5
-
Richard LewisRICHARD LEWIS
Director
- Total calculated
- $0
- Hours/week
- 0.5
-
Wil AlstonWIL ALSTON
Director
- Total calculated
- $0
- Hours/week
- 0.5
-
Annita MenoganANNITA MENOGAN
Director
- Total calculated
- $0
- Hours/week
- 0.5
-
Chris DaehnickCHRIS DAEHNICK
Secretary
- Total calculated
- $0
- Hours/week
- 0.5
-
Hanifah ChikuHANIFAH CHIKU
Treasurer
- Total calculated
- $0
- Hours/week
- 0.5
-
Jice JohnsonJICE JOHNSON
Chairman
- Total calculated
- $0
- Hours/week
- 0.5
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
-
$204,000
Support BIPOC startups
-
$44,970
Support Access Mode Inc.
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 24 January 2024
- IRS schema version
- 2022v5.0
- Source object
- 202440249349300409
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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