Nonprofit · EIN 36-3834357
ASSOCIATION FOR ENTERPRISE OPPORTUNITY INC
Tax-exempt · WASHINGTON, DC 20005
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $2,370,233 | $2,829,553 | -$459,320 | $2,915,815 | $645,803 | $2,270,012 |
| December 31, 2023 | 990 | $3,432,739 | $7,011,139 | -$3,578,400 | $5,271,289 | $2,468,690 | $2,802,599 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $2,209,136
- Program service revenue
- $30,750
- Investment income
- $130,347
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $20,500
- Compensation of officers, directors and key employees
- $257,500
- Other salaries and wages
- $772,958
- Salaries, compensation and benefits (total)
- $1,203,057
- Professional fundraising fees
- $0
- Legal fees
- $190,653
- Occupancy
- $37,119
- Travel
- $41,738
- Depreciation
- $238,336
- Program services (functional)
- $2,408,875
- Management and general (functional)
- $283,183
- Fundraising (functional)
- $137,495
Balance sheet and other
- Total assets, start of year
- $5,271,289
- Total assets, end of year
- $2,915,815
- Total liabilities, end of year
- $645,803
- Net assets, end of year
- $2,270,012
- Land, buildings and equipment
- $464,039
- Publicly traded securities
- $15,183
- Net assets without donor restrictions
- $2,210,020
- Net assets with donor restrictions
- $59,992
- Gross receipts
- $2,370,233
- Employees
- 15
- Year formed
- 1991
- State of legal domicile
- DC
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| NATALIE COFIELD | PRESIDENT & Officer | 40 | $257,500 | $4,000 |
| MABELL FERNANDEZ | INNOVATION D Highest-paid employee | 40 | $117,763 | $4,711 |
| EBONY SUNALA JOHNSON | MEMBER Trustee or director | 1 | $0 | $0 |
| CHRISTOPHER R UPPERMAN | MEMBER Trustee or director | 1 | $0 | $0 |
| THERESA BEDEAU | MEMBER Trustee or director | 1 | $0 | $0 |
| JOSE MARTINEZ | TREASURER Trustee or director, Officer | 3 | $0 | $0 |
| RON FONG | SECRETARY Trustee or director, Officer | 3 | $0 | $0 |
| MITCH JACOBS | MEMBER Trustee or director | 1 | $0 | $0 |
| TYLER SPALDING | MEMBER Trustee or director | 1 | $0 | $0 |
| JESSIE LEE | MEMBER Trustee or director | 1 | $0 | $0 |
| JANAYE INGRAM | MEMBER Trustee or director | 1 | $0 | $0 |
| LENWOOD LONG | MEMBER Trustee or director | 1 | $0 | $0 |
| CAROLINA MARTINEZ | MEMBER Trustee or director | 1 | $0 | $0 |
| IRMA ESPARZA DIGGS | MEMBER Trustee or director | 1 | $0 | $0 |
| INES POLONIUS | MEMBER Trustee or director | 1 | $0 | $0 |
1 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CHRIS WHEAT | MEMBER Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 25 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| CONNIE EVANS | PRESIDENT & Officer | 40 | $326,999 | $4,500 |
| BRIAN WILLIAMS | VP, CHIEF TE Highest-paid employee | 40 | $162,832 | $23,479 |
| MABELL FERNANDEZ | INNOVATION D Highest-paid employee | 40 | $133,868 | $32,614 |
| TANYA HUGHES | INTERIM PRE Officer | 40 | $108,176 | $9,591 |
| USMAN AHMED | MEMBER Trustee or director | 1 | $0 | $0 |
| DEDRICK ASANTE-MUHAMMED | MEMBER Trustee or director | 1 | $0 | $0 |
| THERESA BEDEAU | MEMBER Trustee or director | 1 | $0 | $0 |
| JOSHUA BRACKETT | TREASURER Trustee or director, Officer | 3 | $0 | $0 |
| TARA CAMPBELL | MEMBER Trustee or director | 1 | $0 | $0 |
| GARY L CUNNINGHAM | VICE CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| JENNY FLORES | VICE CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| RON FONG | SECRETARY Trustee or director, Officer | 3 | $0 | $0 |
| MITCH JACOBS | MEMBER Trustee or director | 1 | $0 | $0 |
| GUSTAVO LASALA | MEMBER Trustee or director | 1 | $0 | $0 |
| JESSIE LEE | MEMBER Trustee or director | 1 | $0 | $0 |
| INEZ LONG | MEMBER Trustee or director | 1 | $0 | $0 |
| LENWOOD LONG | MEMBER Trustee or director | 1 | $0 | $0 |
| CAROLINA MARTINEZ | MEMBER Trustee or director | 1 | $0 | $0 |
| JOSE MARTINEZ | MEMBER Trustee or director | 1 | $0 | $0 |
| INES POLONIUS | CHAIR Trustee or director, Officer | 3 | $0 | $0 |
| CHRIS WHEAT | MEMBER Trustee or director | 1 | $0 | $0 |
| SHANE DOLGIN | MEMBER Trustee or director | 1 | $0 | $0 |
| BYNA ELLIOTT | MEMBER Trustee or director | 1 | $0 | $0 |
| COURTNEY ROBINSON | MEMBER Trustee or director | 1 | $0 | $0 |
| JEN FAIGEL | MEMBER Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 1310 L ST NW STE 830, WASHINGTON, DC 20005-4543
- Principal officer (990 for 2024)
- NATALIE COFIELD, 1310 L STREET NW SUITE 830, WASHINGTON, DC 20005
- Signed the 990
- JOSE MARTINEZ, TREASURER
- Phone
- (202) 650-5580
- Website
- WWW.AEOWORKS.ORG
- Return prepared by
- ALTRUIC ADVISORS CPAS
Mission
AEO IS THE VOICE OF INNOVATION IN MICROBUSINESS AND MICROFINANCE IN THE UNITED STATES. AEO WORKS TO CHANGE THE WAY THAT CAPITAL AND SERVICES FLOW TO UNDERSERVED ENTREPRENEURS SO THAT THEY CAN CREATE JOBS AND OPPORTUNITIES FOR ALL.
Program accomplishments
- INNOVATION: INNOVATION AT THE ORGANIZATION IS A FACILITATED PROCESS FOR ENGAGING COHORTS OF DIVERSE STAKEHOLDERS AND CO-DESIGNING NEW SOLUTIONS AND PLATFORMS THAT DRIVE TRANSFORMATIONAL CHANGE. THE INNOVATION PROGRAM USES THE ORGANIZATION'S CORE COMPETENCIES TO GENERATE TRANSFORMATIONAL CHANGE. ITS GOAL IS TO BUILD A MORE ROBUST AND INCLUSIVE MARKETPLACE FOR UNDERSERVED MICROBUSINESS ENTREPRENEURS. THE ORGANIZATION BRINGS A SERIES OF UNIQUE COMPETENCIES TO INNOVATION. A SYSTEMIC UNDERSTANDING, A CAPACITY TO COLLABORATE AND PARTNER WITH A BROAD AND DIVERSE RANGE OF MARKET ACTORS - AN ENTREPRENEURIAL, RESOURCEFUL APPROACH.Expenses $1,066,562 · grants $20,500 · revenue $30,750
- ENGAGEMENT COMMUNICATIONS POLICY: THE ORGANIZATION IS LEADING SEVERAL INITIATIVES AROUND THE COUNTRY TO STRENGTHEN THE ORGANIZATION'S CAPACITY AND REACH TO UNDERSERVED ENTREPRENEURS. AEO HOSTS AN ANNUAL NATIONAL CONFERENCE TO PROVIDE TRAINING AND NETWORKING OPPORTUNITIES TO ITS MEMBERS AND THE INDUSTRY. AEO PROMOTES NETWORKING AND INFORMATION SHARING AMONG ITS MEMBERS VIA VARIOUS COMMUNICATIONS VEHICLES, SUCH AS THE AEO VOICE, THE ORGANIZATION'S WEBSITE, AND ROUNDTABLE DISCUSSIONS.Expenses $428,877
- RESEARCH AND INSIGHTS THE ORGANIZATION'S RESEARCH PROVIDES TIMELY INFORMATION ON THE INDUSTRY, INCLUDING ANALYZING MICROBUSINESSES' ECONOMIC IMPACT AND NEEDS. RESEARCH PRODUCES NEW INSIGHTS THAT CAN ASSIST WITH RESOURCE ALLOCATION FOR FUNDERS, GUIDE ADVOCACY PRIORITIES, AND OFFER INDUSTRY SERVICE PROVIDERS AND LENDERS INFORMATION THAT CAN DEEPEN THEIR IMPACT. THE ORGANIZATION'S RESEARCH UTILIZES DATA FROM A VARIETY OF SOURCES TO PROVIDE ANALYSES TO ILLUSTRATE THE MICROBUSINESS LANDSCAPE. --- POLICY AND ADVOCACY POLICY AND ADVOCACY EFFORTS FOCUS ON THE NEEDS OF THE MICROBUSINESS INDUSTRY IN THE AREAS OF TRAINING AND TECHNICAL ASSISTANCE, ACCESS TO MARKETS, CREDIT ACCESS, AND ASSET DEVELOPMENT STRATEGIES. THE ORGANIZATION ADVOCATES FOR FEDERAL PROGRAMS AND POLICIES THAT INVEST IN MICROBUSINESSES AND UNDERSERVED ENTREPRENEURS.Expenses $895,849
- BLACK INNOVATION ALLIANCE BLACK INNOVATION ALLIANCE IS A COALITION OF LIKE-MINDED BLACK-LED AND BLACK-SERVING COMPANIES AND ORGANIZATIONS WORKING TO ENSURE BLACK OWNERSHIP IS INCREASING THROUGH FAIR PARTICIPATION IN THE INNOVATION ECONOMY. --- THE AEO REGIONAL COUNCILS ARE ACTION-ORIENTED INITIATIVES DESIGNED TO ADDRESS REGION-SPECIFIC CHALLENGES THROUGH IN-PERSON CONVENINGS, WEBINARS, AND STRATEGIC PARTNERSHIPS. KEY TOPICS ARE COVERED SUCH AS ACCESS TO CAPITAL, POLICY ADVOCACY, AND DIGITAL TRANSFORMATION. THE COUNCILS WILL ALSO FORM PARTNERSHIPS WITH GOVERNMENT AGENCIES, PRIVATE ENTERPRISES, AND NONPROFITS, PROVIDING SMALL BUSINESSES WITH ESSENTIAL TOOLS AND NETWORKS.Expenses $17,587
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 36-3834357
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1997
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T70Z)
- Assets (IRS master file)
- $2,915,815
- Income (IRS master file)
- $2,370,233
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $2,370,233 | $2,829,553 | $2,915,815 | XML |
| 990 | December 2023 | $3,432,739 | $7,011,139 | $5,271,289 | XML |
| 990 | December 2022 | $9,070,629 | $9,947,396 | $8,594,260 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 36-3834357).
Questions about ASSOCIATION FOR ENTERPRISE OPPORTUNITY INC
- What is the EIN of ASSOCIATION FOR ENTERPRISE OPPORTUNITY INC?
- The employer identification number (EIN) of ASSOCIATION FOR ENTERPRISE OPPORTUNITY INC is 36-3834357.
- Is ASSOCIATION FOR ENTERPRISE OPPORTUNITY INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1997.
- Are donations to ASSOCIATION FOR ENTERPRISE OPPORTUNITY INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does ASSOCIATION FOR ENTERPRISE OPPORTUNITY INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of ASSOCIATION FOR ENTERPRISE OPPORTUNITY INC due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did ASSOCIATION FOR ENTERPRISE OPPORTUNITY INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of ASSOCIATION FOR ENTERPRISE OPPORTUNITY INC?
- The 990 for the year ended December 31, 2024 names NATALIE COFIELD.
- Who are the officers and directors of ASSOCIATION FOR ENTERPRISE OPPORTUNITY INC?
- The 990 for the year ended December 31, 2024 lists 16 people; 2 received compensation from the organization, the highest $257,500 (NATALIE COFIELD, PRESIDENT &).
- How much revenue does ASSOCIATION FOR ENTERPRISE OPPORTUNITY INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $2,370,233, expenses of $2,829,553 and total assets of $2,915,815 at year end.
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