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← ACCESS TO CAPITAL FOR ENTREPRENEURS INC

Form 990 for tax year 2022

Filed by ACCESS TO CAPITAL FOR ENTREPRENEURS INC.

Totals

Total revenue
$13,820,713
Total expenses
$7,021,021
Contributions and grants received
$9,259,677
Grants paid
$60,000
Program services expenses (Part IX)
$4,776,794
Management and general expenses
$2,035,601
Fundraising expenses
$208,626
Program service expenses (Part III)
$4,776,794

Program services were 68.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Listed in Part VII

  • GRACE C FRICKS

    PRESIDENT AND CEO/BOARD MEMBER

    Total calculated
    $384,591
    From this org
    $370,878
    From related orgs
    $0
    Other
    $13,713
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $370,878
    Bonus
    $0
    Other
    $0
    Deferred
    $10,601
    Nontaxable benefits
    $3,112
    Filer's total
    $384,591

  • JOSHUA BRACKETT

    CFO

    Total calculated
    $181,900
    From this org
    $175,346
    From related orgs
    $0
    Other
    $6,554
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $171,046
    Bonus
    $4,000
    Other
    $300
    Deferred
    $4,990
    Nontaxable benefits
    $1,564
    Filer's total
    $181,900

  • ERIC SWILLING

    DIRECTOR OF LENDING

    Total calculated
    $169,161
    From this org
    $163,046
    From related orgs
    $0
    Other
    $6,115
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $158,746
    Bonus
    $4,000
    Other
    $300
    Deferred
    $4,737
    Nontaxable benefits
    $1,378
    Filer's total
    $169,161

  • RAY PENNIE

    CHIEF OF BUSINESS ADVISORY

    Total calculated
    $165,251
    From this org
    $153,681
    From related orgs
    $0
    Other
    $11,570
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $148,381
    Bonus
    $5,000
    Other
    $300
    Deferred
    $9,017
    Nontaxable benefits
    $2,553
    Filer's total
    $165,251

  • MARTINA EDWARDS

    CHIEF OF STRATEGIC PARTNERSHIPS

    Total calculated
    $160,767
    From this org
    $155,807
    From related orgs
    $0
    Other
    $4,960
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $147,507
    Bonus
    $8,000
    Other
    $300
    Deferred
    $3,438
    Nontaxable benefits
    $1,522
    Filer's total
    $160,767

  • SANDRA HEADLEY

    VP

    Total calculated
    $153,028
    From this org
    $146,453
    From related orgs
    $0
    Other
    $6,575
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $131,995
    Bonus
    $14,000
    Other
    $458
    Deferred
    $4,293
    Nontaxable benefits
    $2,282
    Filer's total
    $153,028

  • SHANON STEWART

    CHIEF CREDIT OFFICER

    Total calculated
    $131,046
    From this org
    $126,211
    From related orgs
    $0
    Other
    $4,835
    Hours/week
    40

  • MATT BOZZELLI

    BOARD CHAIR

    Total calculated
    $0
    Hours/week
    0

  • SIBYL SLADE

    SECRETARY

    Total calculated
    $0
    Hours/week
    0

  • GRACE LOPEZ-WILLIAMS

    TREASURER & FINANCE COMMITTEE CHAIR

    Total calculated
    $0
    Hours/week
    0

  • DALE ROYAL

    LOAN COMMITTEE CHAIR

    Total calculated
    $0
    Hours/week
    0

  • COURTNEY SMITH

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0

  • GRACE WEBSTER

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0

  • ELOISA KLEMENTICH

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0

  • BILL ZAWROTNY

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0

  • AVERY TUCKER-FONTAINE

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0

  • LYNN THOGERSEN

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0

  • MARY KEPLER

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0

  • CANDY MOORE

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0

  • HOLLIS LINGINFLETER

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0

  • MIQUEL ALANDETE

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0

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 — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Compensation committee
  • 3 · Form 990 of other organizations
  • 3 · Approval by the board or compensation committee
  • 7 · Other non-fixed payments

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

PART I, LINE 7
THE FOLLOWING EMPLOYEES RECEIVED DISCRETIONARY BONUSES: JOSHUA BRACKETT $4,000 SANDRA HEADLEY $14,000 RAY PENNIE $5,000 MARTINA EDWARDS $8,000 ERIC SWILLING $4,000 SHANON STEWART $6,000

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2022
Filed
23 June 2023
IRS schema version
2022v5.0
Source object
202311749349301401

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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