Public Charity

ACCESS TO CAPITAL FOR ENTREPRENEURS INC

ACCESS TO CAPITAL FOR ENTREPRENEURS INC is a nonprofit organization categorized as Public Charity based in CLEVELAND, GA. Its most recent IRS filing (2024) reports revenue of $25.0M, expenses of $15.4M, total assets of $134.3M. Imperigo tracks 32 reported grant relationships connected to this organization totaling approximately $19.8M.

EIN: 582383669 CLEVELAND, GA Latest filing: 2024
Total Revenue$25.0M
Total Expenses$15.4M
Total Assets$134.3M
Grant Records32
Funding Total$19.8M
Filing Years2020–2024

Mission

SEE SCHEDULE OACCESS TO CAPITAL FOR ENTREPRENEURS, INC. (ACE), IS A NONPROFIT ORGANIZATION THAT PROVIDES LOANS TO START AND GROW BUSINESSES. ACE IS THE LARGEST GEORGIA-BASED COMMUNITY DEVELOPMENT FINANCIAL INSTITUTION (CDFI) FOCUSED ON SMALL BUSINESSES. FOUNDED IN 2000 WITH A $50,000 GRANT TO SERVE FOUR NORTH GEORGIA COUNTIES, ACE WAS CERTIFIED AS A CDFI IN 2004. ACE HAS SIGNIFICANTLY EXPANDED ITS REACH AND IMPACT OVER THE YEARS, WITH OFFICES IN ATLANTA, TIFTON SOUTHWEST GEORGIA)AND CLEVELAND (NORTH GEORGIA), ALONG WITH WOMEN'S BUSINESS CENTERS IN NORCROSS (METRO-ATLANTA) AND SAVANNAH. ACE'S MISSION IS TO HELP SMALL BUSINESSES GROW BY REMOVING BARRIERS TO ACCESSING CAPITAL. ACE OFFERS ITS BORROWERS BUSINESS DEVELOPMENT RESOURCES TO CREATE FINANCIALLY AND ENVIRONMENTALLY SUSTAINABLE BUSINESSES. SINCE ITS INCEPTION, ACE HAS PROVIDED OVER $246 MILLION IN LOANS TO 2,800 SMALL BUSINESSES, CREATING OR RETAINING MORE THAN 22,000 JOBS.

Sample Grants Received

KAISER FOUNDATION HEALTH PLAN OF GEORGIAINC
2024
Promoting Diverse Business Growth In Atlanta
$65,000
Capital Partners Certified Development Company
2024
provide affordable loans to underserved small and medium GA businesses
$20,000
CHARITIES AID FOUNDATION AMERICA
2024
CHARITABLE DONATION
$7,277
The Chicago Community Trust
2023
General support for programs, operations and other charitable purposes
$10,000,000
OPPORTUNITY FINANCE NETWORK
2023
FINANCE JUSTICE FUND SUBGRANT
$200,000

Showing up to 5 of 32 total records — full history available with membership.

Officers & Directors

BOARD CHAIR Bill Zawrotny
CHIEF FINANCIAL OFFICER Bob Gallagher
BOARD MEMBER Candy Moore
BOARD MEMBER Carlos Mata
BOARD MEMBER Courtney Smith
SECRETARY Dale Royal

Officer compensation and complete director data available with membership.

Top Grant Purposes

General support for programs, operations and other charitable purposes
$10,000,000 1 grant
TO SUPPORT TECHNOLOGY, STAFF, AND OTHER STRATEGIES FOR INCREASING CAPACITY TO TRACK DATA AND DELIVER INNOVATIVE PRODUCTS FOR SMALL BUSINESS OWNERS, AND GENERAL OPERATING SUPPORT
$5,200,000 1 grant
TO EXPAND CDFI COVERAGE IN LOW-INCOME COMMUNITIES IN METRO ATLANTA AND PROVIDE COMMUNITY DEVELOPMENT CAPITAL AND SERVICES TO NEIGHBORHOODS THAT NEED IT MOST.
$1,687,500 1 grant
1 GRANT(S) FOR VARYING PURPOSES
$1,000,000 1 grant
SUPPORT LENDING AND EDUCATION SERVICES TO UNDERSERVED SMALL BUSINESSES
$300,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $25.0M $15.4M $134.3M
2023 $27.0M $13.7M $121.2M
2022 $13.8M $7.0M $106.3M
2021 $11.0M $5.4M $88.8M
2020 $18.0M $8.3M $72.0M

Between 2020 and 2024, reported annual revenue grew from $18.0M to $25.0M (+39%), with total assets most recently reported at $134.3M.

Interactive year-over-year charts and full filing details available with membership.

See the full picture for ACCESS TO CAPITAL FOR ENTREPRENEURS INC

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