ASSOCIATION FOR ENTERPRISE OPPORTUNITY Charity Report

Public IRS 990 nonprofit record

ASSOCIATION FOR ENTERPRISE OPPORTUNITY

EIN 36-3834357 · Philanthropy, Voluntarism & Grantmaking Foundations (T70Z)

What they do

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.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $85.10 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders16 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

101.63%of revenue went to mission work85.1% of expenses · Program services

5.80%of revenue went to fundraising4.9% of expenses

$119.38spent for every $100 of revenueSpending was higher than revenue this year.

11.95%of revenue went to management and office costs10.0% of expenses

$1.03in assets for every $1 spent this yearSome assets cannot be spent right away.

93.2%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $459,320 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $261,500 for NATALIE COFIELD (PRESIDENT &). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$2,370,233

Mission workProgram services$2,408,875101.63% of revenue85.1% of expenses

ManagementOffice and general costs$283,18311.95% of revenue10.0% of expenses

FundraisingAsking for donations$137,4955.80% of revenue4.9% of expenses

Total expenses$2,829,553119.38% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

Has the pattern changed?

Each bar shows the share of annual spending reported for mission work, management, and fundraising.

202485.1% mission

202390.7% mission

202293.4% mission

202197.8% mission

202089.2% mission

201980.5% mission

201874.1% mission

201776.3% mission

Money in and money out

Revenue$2,370,233

Expenses$2,829,553

Annual shortfall $459,320 Expenses were higher than revenue for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$2,408,875 · 85.1% of expenses

Management and office costs$283,183 · 10.0% of expenses

Fundraising$137,495 · 4.9% of expenses

See all reported dollar amounts

Revenue$2,370,233

Expenses$2,829,553

Assets$2,915,815

Income$2,370,233

Contributions$2,209,136

Mission work (program services)$2,408,875

Fundraising$137,495

Grants given$728,994

Average grant$728,994

Management and general$283,183

Executive compensation (total)$308,536

Stocks and bonds$15,183

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

NATALIE COFIELDPRESIDENT & · 40 hrs/week $261,500Base $257,500 · Other $4,000

MABELL FERNANDEZINNOVATION D · 40 hrs/week $122,474Base $117,763 · Other $4,711

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (16)

NATALIE COFIELDPRESIDENT &

MABELL FERNANDEZINNOVATION D

CAROLINA MARTINEZMEMBER

CHRIS WHEATMEMBER

CHRISTOPHER R UPPERMANMEMBER

EBONY SUNALA JOHNSONMEMBER

INES POLONIUSMEMBER

IRMA ESPARZA DIGGSMEMBER

JANAYE INGRAMMEMBER

JESSIE LEEMEMBER

JOSE MARTINEZTREASURER

LENWOOD LONGMEMBER

MITCH JACOBSMEMBER

RON FONGSECRETARY

THERESA BEDEAUMEMBER

TYLER SPALDINGMEMBER

About this charity

Recognized since: January 1997
Location: 1310 L STREET NW SUITE 830, WASHINGTON, DC 20005
County: District of Columbia
In care of: JOSE MARTINEZ
Primary officer: JOSE MARTINEZ, TREASURER

How to reach them

WebsiteVisit the charity’s website Emailinfo@aeoworks.org Phone(202) 650-5580

Filing and classification

Latest tax year: 2024
Tax period began: January 1, 2024
Return type: 990
Tax preparer: ALTRUIC ADVISORS CPAS
NTEE classification: Philanthropy, Voluntarism & Grantmaking Foundations (T70Z)
IRS tax category: Business Associations
Grant-giving organization: Yes