AFRICAN AMERICAN ALLIANCE OF CDFI CEOS Charity Report

Public IRS 990 nonprofit record

AFRICAN AMERICAN ALLIANCE OF CDFI CEOS

EIN 85-2659114 · Alliances & Advocacy - Community Improvement (S01)

What they do

The Alliance Serves Black -led CDFIs Nationwide. Founded In 2018, The Alliance Has Grown With 125 Black-led Community Development Financial Institutions (CDFIs) Committed to The Support and Growth of Black Communities and The Black Executives Leading CDFIs That Serve Those Communit.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $82.40 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 2025The charity has a recent tax report to read.

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

They name their leaders17 people are listed in the latest report.

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

Money made simple

101.52%of revenue went to mission work82.4% of expenses · Program services

7.12%of revenue went to fundraising5.8% of expenses

$123.23spent for every $100 of revenueSpending was higher than revenue this year.

14.59%of revenue went to management and office costs11.8% of expenses

$2.18in assets for every $1 spent this yearSome assets cannot be spent right away.

85.1%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 $1,309,192 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $342,000 for LENWOOD V LONG SR (CEO/ADMIN). 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 2025

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$5,636,061

Mission workProgram services$5,721,600101.52% of revenue82.4% of expenses

ManagementOffice and general costs$822,23314.59% of revenue11.8% of expenses

FundraisingAsking for donations$401,4207.12% of revenue5.8% of expenses

Total expenses$6,945,253123.23% 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?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2025CurrentExpense mix: 82.4% mission · 11.8% management · 5.8% fundraisingTotal expenses: 123.23% of revenue

2024Expense mix: 77.9% mission · 22.1% management · 0.0% fundraisingTotal expenses: 67.86% of revenue

2023Expense mix: 83.0% mission · 17.0% management · 0.0% fundraisingTotal expenses: 83.77% of revenue

2021Expense mix: 67.3% mission · 32.7% management · 0.0% fundraisingTotal expenses: 60.98% of revenue

Money in and money out

Revenue$5,636,061

Expenses$6,945,253

Annual shortfall $1,309,192 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)$5,721,600 · 82.4% of expenses

Management and office costs$822,233 · 11.8% of expenses

Fundraising$401,420 · 5.8% of expenses

See all reported dollar amounts

Revenue$5,636,061

Expenses$6,945,253

Assets$15,113,990

Income$5,636,061

Contributions$4,798,069

Mission work (program services)$5,721,600

Fundraising$401,420

Grants given$1,707,500

Average grant$44,934

Management and general$822,233

People

Leadership and board

Tax year 2025

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

People reported as paid

Person and titleCompensation

LENWOOD V LONG SRCEO/ADMIN · 1 hrs/week $342,000

AMBER BANKSPRESIDENT/ADMIN · 1 hrs/week $262,500

AWAMARY KHANCFO/ADMIN · 1 hrs/week $215,833

ERICA LYNN MCPHERSONSVP/ ECONOMIC DEVELOPMENT · 1 hrs/week $185,658

CHAVELLA SANGOKOYASVP / PROGRAMS & STRATEGIC · 1 hrs/week $183,546

RYAN GREMILLIONVP/ POLICY & RESEARCH · 1 hrs/week $183,287

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 (17)

LENWOOD V LONG SRCEO/ADMIN

AMBER BANKSPRESIDENT/ADMIN

AWAMARY KHANCFO/ADMIN

ERICA LYNN MCPHERSONSVP/ ECONOMIC DEVELOPMENT

CHAVELLA SANGOKOYASVP / PROGRAMS & STRATEGIC

RYAN GREMILLIONVP/ POLICY & RESEARCH

CALVIN HOLMESMEMBER EMERITUS

DONNA GRAMBRELLCHAIR

DR GENE GELGELUDIRECTOR

HILDA KENNEDYDIRECTOR

MARSHALL CRAWFOARDTREASURER

PAUL JONESDIRECTOR

RON BROOKSDIRECTOR

TATE HILLDIRECTOR

VANDELL HAMPTON JRSECRETARY

VICTOR ELMOREMEMBER EMERITUS

WATCHEN BRUCEVICE CHAIR

About this charity

Recognized since: January 2021
Location: 301 E PINE ST STE 175, ORLANDO, FL 32801-2735
County: Orange
In care of: Amber Banks
Primary officer: Amber Banks, President

How to reach them

Phone(954) 483-7570

Filing and classification

Latest tax year: 2025
Tax period began: January 1, 2025
Return type: 990
Tax preparer: MCCONNELL & JONES LLP
NTEE classification: Alliances & Advocacy - Community Improvement (S01)
IRS tax category: Alliances & Advocacy - Community Improvement
Grant-giving organization: Yes