ACCESS TO CAPITAL FOR ENTREPRENEURS INC: Form 990, tax year 2024

View the entire original 990 at ProPublica ↗

Organization: ACCESS TO CAPITAL FOR ENTREPRENEURS INC (EIN 58-2383669)
Tax period: 2024-01-01 to 2024-12-31
Filed: 2025-06-11
IRS object ID: 202501629349301205
Schema version: 2024v5.1
Source: Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header
Form 990
Schedule A
Schedule B
Schedule C
Schedule D
Schedule J
Schedule O

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2025-06-11T10:29:44-05:00	ReturnTs
Tax Period End	2024-12-31	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	580692043	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	MAULDIN & JENKINS LLC	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	200 GALLERIA PKWY SE STE 1700	AddressLine1Txt
City	ATLANTA	CityNm
State Abbreviation	GA	StateAbbreviationCd
ZIP	303395946	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990	ReturnTypeCd
Tax Period Begin	2024-01-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	582383669	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	ACCESS TO CAPITAL FOR ENTREPRENEURS INC	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Business Name Control	ACCE	BusinessNameControlTxt
Phone	6783355600	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	3173 HIGHWAY 129N	AddressLine1Txt
City	CLEVELAND	CityNm
State Abbreviation	GA	StateAbbreviationCd
ZIP	30528	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	WASSIA KAMON	PersonNm
Person Title	CFO	PersonTitleTxt
Phone	6783355600	PhoneNum
Signature	2025-06-10	SignatureDt
Discuss With Paid Preparer	Yes (1)	DiscussWithPaidPreparerInd

Field	Value	IRS element (for citing)
IRS Responsible Prty Info Curr	0	IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	MELISSA SEWARD	PreparerPersonNm
PTIN	P02145103	PTIN
Phone	7709558600	PhoneNum
Preparation	2025-06-03	PreparationDt

Field	Value	IRS element (for citing)
Tax	2024	TaxYr
Build TS	2025-03-06 01:10:19Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Principal Officer	MARTINA EDWARDS	PrincipalOfficerNm

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	3173 HIGHWAY 129N	AddressLine1Txt
City	CLEVELAND	CityNm
State Abbreviation	GA	StateAbbreviationCd
ZIP	30528	ZIPCd

Field	Value	IRS element (for citing)
Gross Receipts	$25,034,907	GrossReceiptsAmt
Group Return For Affiliates	0	GroupReturnForAffiliatesInd
Organization501c3	Yes (X)	Organization501c3Ind
Website Address	WWW.ACELOANS.ORG	WebsiteAddressTxt
Type Of Organization Corp	Yes (X)	TypeOfOrganizationCorpInd
Formation	1998	FormationYr
Legal Domicile State	GA	LegalDomicileStateCd
Activity Or Mission	TO PROVIDE LOANS TO HELP SMALL BUSINESSES GROW BY REMOVING BARRIERS TO CAPITAL ACCESS.	ActivityOrMissionDesc
Voting Members Governing Body	13	VotingMembersGoverningBodyCnt
Voting Members Independent	13	VotingMembersIndependentCnt
Total Employee	45	TotalEmployeeCnt
Total Volunteers	69	TotalVolunteersCnt
Total Gross UBI	$0	TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm	$0	NetUnrelatedBusTxblIncmAmt
PY Contributions Grants	$18,448,582	PYContributionsGrantsAmt
CY Contributions Grants	$12,825,287	CYContributionsGrantsAmt
PY Program Service Revenue	$7,128,634	PYProgramServiceRevenueAmt
CY Program Service Revenue	$10,096,948	CYProgramServiceRevenueAmt
PY Investment Income	$1,410,191	PYInvestmentIncomeAmt
CY Investment Income	$2,112,672	CYInvestmentIncomeAmt
PY Other Revenue	$0	PYOtherRevenueAmt
CY Other Revenue	$0	CYOtherRevenueAmt
PY Total Revenue	$26,987,407	PYTotalRevenueAmt
CY Total Revenue	$25,034,907	CYTotalRevenueAmt
PY Grants And Similar Paid	$4,000	PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid	$4,000	CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members	$0	PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members	$0	CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid	$5,046,072	PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid	$5,707,150	CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns	$0	PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns	$0	CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense	$688,595	CYTotalFundraisingExpenseAmt
PY Other Expenses	$8,679,014	PYOtherExpensesAmt
CY Other Expenses	$9,673,844	CYOtherExpensesAmt
PY Total Expenses	$13,729,086	PYTotalExpensesAmt
CY Total Expenses	$15,384,994	CYTotalExpensesAmt
PY Revenues Less Expenses	$13,258,321	PYRevenuesLessExpensesAmt
CY Revenues Less Expenses	$9,649,913	CYRevenuesLessExpensesAmt
Total Assets BOY	$121,181,835	TotalAssetsBOYAmt
Total Assets EOY	$134,325,923	TotalAssetsEOYAmt
Total Liabilities BOY	$67,595,621	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$71,084,905	TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY	$53,586,214	NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY	$63,241,018	NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part III	Yes (X)	InfoInScheduleOPartIIIInd
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.	MissionDesc
Significant New Program Srvc	0	SignificantNewProgramSrvcInd
Significant Change	0	SignificantChangeInd
Expense	$12,105,316	ExpenseAmt
Grant	$4,000	GrantAmt
Revenue	$10,096,948	RevenueAmt
Desc	SEE SCHEDULE OACE PROVIDES THE FOLLOWING PROGRAM SERVICES TO SMALL BUSINESSES:--LENDING--ACE IS COMMITTED TO DEPLOYING CAPITAL TO HIGH-POTENTIAL SMALL BUSINESS OWNERS WHO ARE OFTEN OVERLOOKED BY TRADITIONAL FINANCIAL INSTITUTIONS. THROUGH A THOROUGH AND EXPERIENCED REVIEW PROCESS, THESE ENTREPRENEURS DEMONSTRATE STRONG POTENTIAL AND REPRESENT SOUND, MISSION ALIGNED INVESTMENTS. ACE'S TRACK RECORD SHOWS THAT COMBINING CAPITAL WITH COACHING AND CONNECTIONS IS AN EFFECTIVE AND SUSTAINABLE APPROACH TO SUPPORTING SMALL BUSINESS GROWTH. ACE OFFERS SMALLER LOANS THAT MAY NOT BE SUFFICIENTLY PROFITABLE FOR BANKS BUT ARE CRITICALLY IMPORTANT TO MANY EMERGING SMALL BUSINESSES. INDEED, THE ORGANIZATION TYPICALLY PROVIDES LOANS RANGING FROM $15,000 UP TO $1 MILLION. IN CASES WHERE A BUSINESS CANNOT QUALIFY FOR TRADITIONAL FINANCING AND THE PROPOSED PROJECT HAS SIGNIFICANT COMMUNITY IMPACT, ACE CAN FACILITATE ACCESS TO CAPITAL IN EXCESS OF $1 MILLION. ADDITIONALLY, THE SAVE AND SUSTAIN PROGRAM PROVIDES LOW INTEREST LOANS TO BUSINESSES IMPLEMENTING ENERGY-EFFICIENCY IMPROVEMENTS.CREDIT ENHANCEMENTS:TO EXPAND ACCESS TO AFFORDABLE CAPITAL, ACE EMPLOYS INTEREST RATE BUYDOWNS AND LOAN GUARANTEES AS STRATEGIC TOOLS TO SUPPORT SMALL BUSINESS BORROWERS.LOAN GUARANTEES:ACE USES AN IN-HOUSE LOAN GUARANTEE TO DEPLOY CAPITAL TO SMALL BUSINESS OWNERS WHO HAVE LESS NET WORTH AND FEWER ASSETS TO PROVIDE THE EQUITY OR COLLATERAL NEEDED TO SECURE THEIR LOANS. IN THESE CIRCUMSTANCES THE GUARANTEE WILL BACKSTOP THE LOANS AND SERVE AS THE CLIENTS' COLLATERAL.INTEREST RATE BUYDOWNS:ACE UTILIZES INTEREST RATE BUYDOWNS TO REDUCE THE INTEREST RATE OF LOANS TO BUSINESS BORROWERS STRUGGLING TO RECOVER FROM THE ECONOMIC IMPACT OF THE PANDEMIC, INFLATION, AND OTHER ECONOMIC PRESSURES, AND IN NEED OF CAPITAL TO INCREASE SUSTAINABILITY. CONCESSIONARY TERMS MAY BE LOWER INTEREST RATES AND A LONGER PAYBACK PERIOD, SO THE BUSINESSES HAVE MORE CASH TO GROW THEIR BUSINESSES.--SUPPORT SERVICES FOR SMALL BUSINESS OWNERS--ACCESS TO CAPITAL FOR ENTREPRENEURS (ACE) OFFERS COMPREHENSIVE SERVICES DESIGNED TO SUPPORT SMALL BUSINESS OWNERS IN ACHIEVING THEIR ENTREPRENEURIAL GOALS. FOCUSED ON POTENTIAL AND ESTABLISHED BORROWERS, THESE SERVICES ARE INTEGRAL TO ACE'S MISSION OF HELPING SMALL BUSINESSES GROW BY REMOVING BARRIERS TO ACCESSING CAPITAL AND PROVIDING THE NECESSARY TOOLS FOR SUCCESS.KEY SMALL BUSINESS SUPPORT PROGRAMS OFFERED BY ACE INCLUDE:TRAINING AND WORKSHOPS:ACE HOSTS A RANGE OF TRAINING SESSIONS AND WORKSHOPS ON CRITICAL BUSINESS TOPICS, INCLUDING FINANCIAL LITERACY, BUSINESS DEVELOPMENT, MARKETING, AND OPERATIONAL EFFICIENCY. THESE SESSIONS ARE DESIGNED TO GIVE ENTREPRENEURS THE KNOWLEDGE AND SKILLS NEEDED TO MANAGE AND GROW THEIR BUSINESSES EFFECTIVELY.WEBINARS:TO INCREASE ACCESSIBILITY AND REACH A WIDER AUDIENCE, ACE OFFERS WEBINARS ON TIMELY AND RELEVANT BUSINESS TOPICS. THESE VIRTUAL SESSIONS ALLOW ENTREPRENEURS TO LEARN FROM SUBJECT MATTER EXPERTS AND ENGAGE IN DISCUSSIONS WITHOUT LEAVING THEIR HOME OR OFFICE.NETWORKING OPPORTUNITIES:ACE FACILITATES NETWORKING EVENTS THAT BRING ENTREPRENEURS TOGETHER TO SHARE EXPERIENCES, EXCHANGE IDEAS, AND LEARN FROM ONE ANOTHER. THESE OPPORTUNITIES FOSTER COLLABORATION, SUPPORT PEER LEARNING, AND HELP BUILD A STRONG COMMUNITY OF BUSINESS OWNERS.BY PROVIDING HIGH-TOUCH, PERSONALIZED SERVICES, ACE SEEKS TO ENSURE THAT ENTREPRENEURS HAVE ACCESS TO THE COACHING, TRAINING, AND CONNECTIONS THEY NEED TO SUCCEED.--BUSINESS ADVISORY SERVICES--ACE'S BUSINESS ADVISORY SERVICES MODEL IS WIDELY RECOGNIZED AS A LEADING PRACTICE WITHIN THE CDFI ECOSYSTEM, KNOWN FOR ITS CLIENT-CENTERED, DATA-INFORMED, AND IMPACT-DRIVEN APPROACH. AT THE CORE OF THE MODEL IS THE INTENTIONAL DEVELOPMENT OF STRONG PERSONAL RELATIONSHIPS WITH EACH SMALL BUSINESS IN ACE'S PORTFOLIO. THESE TRUSTED CONNECTIONS ENABLE ACE TO PROACTIVELY IDENTIFY AND ADDRESS CHALLENGES, OFTEN BEFORE CLIENTS RECOGNIZE THEM, WHILE TAILORING SUPPORT TO MEET EACH BUSINESS'S PACE, AVAILABILITY, AND LEVEL OF FINANCIAL KNOWLEDGE.ACE'S TEAM OF FINANCIAL ADVISORS BRINGS A DIVERSE RANGE OF EXPERTISE AND COLLABORATES TO DELIVER HIGH-QUALITY, CUSTOMIZED GUIDANCE. THE ORGANIZATION USES A ROBUST SET OF KEY PERFORMANCE INDICATORS (KPIS) TO INFORM STRATEGY AND EVALUATE OUTCOMES, INCLUDING ANNUAL FINANCIAL, REVENUE, AND EMPLOYMENT TRENDS, RISK ASSESSMENTS, CLIENT ENGAGEMENT RATIOS, AND CLIENT CONFIDENCE SURVEYS.SERVICES ARE DELIVERED THROUGH ONE-ON-ONE PROACTIVE COACHING AS WELL AS A RANGE OF INDUSTRY SPECIFIC AND CLIENT-FOCUSED COHORTS. THESE INCLUDE HIGH PERFORMANCE GROUPS (HPG) WITH MENTORING COMPONENTS, STRATEGIC PLANNING & IMPLEMENTATION SESSIONS, THE BOOKKEEPING FOR GROWTH PROGRAM, AND THE RESTAURANT GROWTH PROGRAM. EACH INITIATIVE IS DESIGNED IN DIRECT RESPONSE TO RECURRING CHALLENGES IDENTIFIED BY SMALL BUSINESS CLIENTS. TO ENSURE RELEVANCE AND DEPTH, ACE ALSO ENGAGES SUBJECT MATTER EXPERTS ALIGNED WITH SPECIFIC INDUSTRIES AND BUSINESS NEEDS.THE BUSINESS ADVISORY SERVICES MODEL EXEMPLIFIES ACE'S DELIBERATE BLEND OF EMPATHY, STRATEGIC INSIGHT, AND ACCOUNTABILITY, ENSURING THAT SMALL BUSINESSES RECEIVE NOT ONLY EFFECTIVE SUPPORT BUT ALSO ACHIEVE SUSTAINABLE, LONG-TERM GROWTH.--WOMEN'S BUSINESS CENTERS--ACE OPERATES TWO WOMEN'S BUSINESS CENTERS (WBCS) THAT PLAY A CRUCIAL ROLE IN SUPPORTING ENTREPRENEURS ACROSS GEORGIA. FUNDED IN PART THROUGH A COOPERATIVE AGREEMENT WITH THE U.S. SMALL BUSINESS ADMINISTRATION, THESE CENTERS ARE DESIGNED TO PROVIDE COMPREHENSIVE RESOURCES, COACHING, AND TRAINING TO HELP ENTREPRENEURS START, GROW, AND SUSTAIN THEIR BUSINESSES.LAUNCHED IN 2015, THE ACE WOMEN'S BUSINESS CENTER SERVING METRO-ATLANTA HAS SUPPORTED MORE THAN 18,000 CLIENTS, TRAINED OVER 16,000 INDIVIDUALS, AND DELIVERED MORE THAN 525 TRAINING SESSIONS. IN 2024 ALONE, THE CENTER SERVED 950 UNIQUE CLIENTS, TRAINED NEARLY 1,900 INDIVIDUALS, AND CONDUCTED 66 TRAINING SESSIONS.IN RECOGNITION OF ITS IMPACT, THE U.S. SMALL BUSINESS ADMINISTRATION HONORED THE CENTER WITH THE 2022 WOMEN'S BUSINESS CENTER OF THE YEAR EXCELLENCE AWARD. AT THE 2022 SBA SMALL BUSINESS WEEK AWARDS LUNCHEON, THE WBC RECEIVED BOTH THE SOUTHEAST REGION IV AND GEORGIA DISTRICT WOMEN'S BUSINESS CENTER OF THE YEAR AWARDS.ACE'S SECOND WBC OPENED IN 2021 TO SERVE THE SAVANNAH REGION. SINCE ITS LAUNCH, THE SAVANNAH WBC HAS SERVED MORE THAN 750 UNIQUE CLIENTS, TRAINED NEARLY 1,000 INDIVIDUALS, AND FACILITATED 110 TRAINING SESSIONS. IN 2024, THE CENTER SUPPORTED 265 UNIQUE CLIENTS, PROVIDED TRAINING TO 420 INDIVIDUALS, AND HOSTED 32 TRAINING SESSIONS.THROUGH ITS EFFORTS, ACE EMPOWERS UNDERSERVED ENTREPRENEURS ACROSS GEORGIA TO ACHIEVE ECONOMIC EQUITY, CREATING A RIPPLE EFFECT THAT LEADS TO STRONGER, MORE STABLE COMMUNITIES.	Desc
Total Program Service Expenses	$12,105,316	TotalProgramServiceExpensesAmt
Described In Section501c3	Yes (1)	DescribedInSection501c3Ind
Schedule B Required	Yes (1)	ScheduleBRequiredInd
Political Campaign Acty	0	PoliticalCampaignActyInd
Lobbying Activities	Yes (1)	LobbyingActivitiesInd
Subject To Proxy Tax	0	SubjectToProxyTaxInd
Donor Advised Fund	0	DonorAdvisedFundInd
Conservation Easements	0	ConservationEasementsInd
Collections Of Art	0	CollectionsOfArtInd
Credit Counseling	Yes (1)	CreditCounselingInd
Donor Rstr Or Quasi Endowments	0	DonorRstrOrQuasiEndowmentsInd
Report Land Building Equipment	Yes (1)	ReportLandBuildingEquipmentInd
Report Investments Other Sec	0	ReportInvestmentsOtherSecInd
Report Program Related Invst	0	ReportProgramRelatedInvstInd
Report Other Assets	0	ReportOtherAssetsInd
Report Other Liabilities	Yes (1)	ReportOtherLiabilitiesInd
Include FIN48 Footnote	Yes (1)	IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt	Yes (1)	IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt	0	ConsolidatedAuditFinclStmtInd
School Operating	0	SchoolOperatingInd
Foreign Office	0	ForeignOfficeInd
Foreign Activities	0	ForeignActivitiesInd
More Than5000 K To Org	0	MoreThan5000KToOrgInd
More Than5000 K To Individuals	0	MoreThan5000KToIndividualsInd
Professional Fundraising	0	ProfessionalFundraisingInd
Fundraising Activities	0	FundraisingActivitiesInd
Gaming Activities	0	GamingActivitiesInd
Operate Hospital	0	OperateHospitalInd
Grants To Organizations	0	GrantsToOrganizationsInd
Grants To Individuals	0	GrantsToIndividualsInd
Schedule J Required	Yes (1)	ScheduleJRequiredInd
Tax Exempt Bonds	0	TaxExemptBondsInd
Engaged In Excess Benefit Trans	0	EngagedInExcessBenefitTransInd
PY Excess Benefit Trans	0	PYExcessBenefitTransInd
Loan Outstanding	0	LoanOutstandingInd
Grant To Related Person	0	GrantToRelatedPersonInd
Business Rln With Org Mem	0	BusinessRlnWithOrgMemInd
Business Rln With Fam Mem	0	BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent	0	BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri	0	DeductibleNonCashContriInd
Deductible Art Contribution	0	DeductibleArtContributionInd
Terminate Operations	0	TerminateOperationsInd
Partial Liquidation	0	PartialLiquidationInd
Disregarded Entity	0	DisregardedEntityInd
Related Entity	0	RelatedEntityInd
Related Organization Ctrl Ent	0	RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org	0	TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp	0	ActivitiesConductedPrtshpInd
Schedule O Required	Yes (1)	ScheduleORequiredInd
IRP Document	38	IRPDocumentCnt
IRP Document W2 G	0	IRPDocumentW2GCnt
Backup Wthld Compliance	Yes (1)	BackupWthldComplianceInd
Employee	45	EmployeeCnt
Employment Tax Returns Filed	Yes (1)	EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit	0	UnrelatedBusIncmOverLimitInd
Foreign Financial Account	0	ForeignFinancialAccountInd
Prohibited Tax Shelter Trans	0	ProhibitedTaxShelterTransInd
Taxable Party Notification	0	TaxablePartyNotificationInd
Nondeductible Contributions	0	NondeductibleContributionsInd
Quid Pro Quo Contributions	0	QuidProQuoContributionsInd
Form8282 Property Disposed Of	0	Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct	0	RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct	0	PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services	0	IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt	0	SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc	0	SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VI	Yes (X)	InfoInScheduleOPartVIInd
Governing Body Voting Members	13	GoverningBodyVotingMembersCnt
Independent Voting Member	13	IndependentVotingMemberCnt
Family Or Business Rln	0	FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties	0	DelegationOfMgmtDutiesInd
Change To Org Documents	0	ChangeToOrgDocumentsInd
Material Diversion Or Misuse	0	MaterialDiversionOrMisuseInd
Members Or Stockholders	0	MembersOrStockholdersInd
Election Of Board Members	0	ElectionOfBoardMembersInd
Decisions Subject To Approva	0	DecisionsSubjectToApprovaInd
Minutes Of Governing Body	Yes (1)	MinutesOfGoverningBodyInd
Minutes Of Committees	Yes (1)	MinutesOfCommitteesInd
Officer Mailing Address	0	OfficerMailingAddressInd
Local Chapters	0	LocalChaptersInd
Form990 Provided To Gvrn Body	Yes (1)	Form990ProvidedToGvrnBodyInd
Conflict Of Interest Policy	Yes (1)	ConflictOfInterestPolicyInd
Annual Disclosure Covered Prsn	Yes (1)	AnnualDisclosureCoveredPrsnInd
Regular Monitoring Enfrc	Yes (1)	RegularMonitoringEnfrcInd
Whistleblower Policy	Yes (1)	WhistleblowerPolicyInd
Document Retention Policy	Yes (1)	DocumentRetentionPolicyInd
Compensation Process CEO	Yes (1)	CompensationProcessCEOInd
Compensation Process Other	Yes (1)	CompensationProcessOtherInd
Investment In Joint Venture	0	InvestmentInJointVentureInd
States Where Copy Of Return Is Fld	GA	StatesWhereCopyOfReturnIsFldCd
Upon Request	Yes (X)	UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	WASSIA KAMON	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Phone	6783355600	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	3173 HIGHWAY 129 N	AddressLine1Txt
City	CLEVELAND	CityNm
State Abbreviation	GA	StateAbbreviationCd
ZIP	30528	ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (20 entries)

TitleTitleTxt	Average Hours Per WeekAverageHoursPerWeekRt	Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd	OfficerOfficerInd	Reportable Comp From OrgReportableCompFromOrgAmt	Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt	Other CompensationOtherCompensationAmt	Highest Compensated EmployeeHighestCompensatedEmployeeInd
BILL ZAWROTNY
BOARD CHAIR	5.00	Yes (X)	Yes (X)	$0	$0	$0
SIBYL SLADE
VICE CHAIR	5.00	Yes (X)	Yes (X)	$0	$0	$0
GRACE LOPEZ-WILLIAMS
TREASURER & FINANCE COMMITTEE CHAIR	5.00	Yes (X)	Yes (X)	$0	$0	$0
DALE ROYAL
SECRETARY	5.00	Yes (X)	Yes (X)	$0	$0	$0
MIGUEL ALANDETE
BOARD MEMBER & LOAN COMMITTEE CHAIR	5.00	Yes (X)		$0	$0	$0
MATT BOZZELLI
IMMEDIATE PAST BOARD CHAIR	5.00	Yes (X)		$0	$0	$0
MARY KEPLER
BOARD MEMBER	5.00	Yes (X)		$0	$0	$0
MARVIN LIM
BOARD MEMBER	5.00	Yes (X)		$0	$0	$0
HOLLIS LINGINFLETER
BOARD MEMBER & INVESTMENT COMM.CHAIR	5.00	Yes (X)		$0	$0	$0
STEPHANIE MARTIN
BOARD MEMBER	5.00	Yes (X)		$0	$0	$0
CARLOS MATA
BOARD MEMBER	5.00	Yes (X)		$0	$0	$0
CANDY MOORE
BOARD MEMBER	5.00	Yes (X)		$0	$0	$0
COURTNEY SMITH
BOARD MEMBER	5.00	Yes (X)		$0	$0	$0
GRACE C FRICKS
PRESIDENT & CEO	40.00		Yes (X)	$531,104	$0	$19,572
BOB GALLAGHER
CHIEF FINANCIAL OFFICER	40.00		Yes (X)	$124,275	$0	$0
SHANON STEWART
CHIEF CREDIT OFFICER	40.00			$215,310	$0	$11,500	Yes (X)
MARTINA EDWARDS
CHIEF OF STRATEGIC PARTNERSHIPS	40.00			$175,659	$0	$21,964	Yes (X)
SANDRA HEADLEY
VICE PRESIDENT	40.00			$176,684	$0	$6,720	Yes (X)
RAYNARD CLAY
DIRECTOR OF LENDING	40.00			$169,503	$0	$6,459	Yes (X)
RAY PENNIE
PRESIDENT OF BUSINESS DEVELOPMENT	40.00			$169,294	$0	$4,890	Yes (X)

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	$1,561,829	TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org	$0	TotReportableCompRltdOrgAmt
Total Other Compensation	$71,105	TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K	13	IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed	0	FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K	Yes (1)	TotalCompGreaterThan150KInd
Compensation From Other Srcs	0	CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (5 entries)

Address Line1ContractorAddress/USAddress/AddressLine1Txt	CityContractorAddress/USAddress/CityNm	State AbbreviationContractorAddress/USAddress/StateAbbreviationCd	ZIPContractorAddress/USAddress/ZIPCd	ServicesServicesDesc	CompensationCompensationAmt
CLIFTONLARSONALLEN LLP
PO BOX 740863	ATLANTA	GA	30374	ACCOUNTING SYSTEM CONVERSION CONSULTANT	$543,199
THOMAS E AUSTIN JR LLC
2625 PIEDMONT ROAD SUITE 56-330	ATLANTA	GA	30324	COLLECTION, RECOVERY, AND LEGAL FEES	$201,581
ARKUS
10 TIMES SQUARE 6TH FLOOR	NEW YORK	NY	10018	LOAN DEPARTMENT SYSTEM CONVERSION AND OV	$199,235
ARC BUSINESS SOLUTIONS
2022 CHESLEY DRIVE	AUSTELL	GA	30106	BUSINESS ADVISORY COHORTS	$126,910
GALLAGHER ADVISORY SERVICES
1266 W PACES FERRY RD NW STE 310	ATLANTA	GA	30327	CFO SERVICES	$124,275

Field	Value	IRS element (for citing)
Cntrct Rcvd Greater Than100 K	6	CntrctRcvdGreaterThan100KCnt
Government Grants	$2,006,441	GovernmentGrantsAmt
All Other Contributions	$10,818,846	AllOtherContributionsAmt
Total Contributions	$12,825,287	TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp

Field	Value	IRS element (for citing)
Desc	LENDING PROGRAM INCOME	Desc
Business	522100	BusinessCd
Total Revenue Column	$10,096,948	TotalRevenueColumnAmt
Related Or Exempt Func Income	$10,096,948	RelatedOrExemptFuncIncomeAmt

Field	Value	IRS element (for citing)
Total Program Service Revenue	$10,096,948	TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$2,112,672	TotalRevenueColumnAmt
Exclusion	$2,112,672	ExclusionAmt

Total Revenue TotalRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$25,034,907	TotalRevenueColumnAmt
Related Or Exempt Func Income	$10,096,948	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$0	UnrelatedBusinessRevenueAmt
Exclusion	$2,112,672	ExclusionAmt

Field	Value	IRS element (for citing)
Info In Schedule O Part IX	Yes (X)	InfoInScheduleOPartIXInd

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

Field	Value	IRS element (for citing)
Total	$4,000	TotalAmt
Program Services	$4,000	ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

Field	Value	IRS element (for citing)
Total	$674,951	TotalAmt
Program Services	$168,738	ProgramServicesAmt
Management And General	$506,213	ManagementAndGeneralAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

Field	Value	IRS element (for citing)
Total	$4,212,351	TotalAmt
Program Services	$2,914,151	ProgramServicesAmt
Management And General	$818,428	ManagementAndGeneralAmt
Fundraising	$479,772	FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

Field	Value	IRS element (for citing)
Total	$79,422	TotalAmt
Program Services	$47,353	ProgramServicesAmt
Management And General	$19,452	ManagementAndGeneralAmt
Fundraising	$12,617	FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

Field	Value	IRS element (for citing)
Total	$402,446	TotalAmt
Program Services	$328,439	ProgramServicesAmt
Management And General	$35,761	ManagementAndGeneralAmt
Fundraising	$38,246	FundraisingAmt

Payroll Taxes PayrollTaxesGrp

Field	Value	IRS element (for citing)
Total	$337,980	TotalAmt
Program Services	$232,377	ProgramServicesAmt
Management And General	$70,097	ManagementAndGeneralAmt
Fundraising	$35,506	FundraisingAmt

Fees For Services Legal FeesForServicesLegalGrp

Field	Value	IRS element (for citing)
Total	$254,658	TotalAmt
Program Services	$251,543	ProgramServicesAmt
Management And General	$3,115	ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

Field	Value	IRS element (for citing)
Total	$93,854	TotalAmt
Management And General	$93,854	ManagementAndGeneralAmt

Fees For Services Lobbying FeesForServicesLobbyingGrp

Field	Value	IRS element (for citing)
Total	$10,000	TotalAmt
Program Services	$6,166	ProgramServicesAmt
Management And General	$3,834	ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

Field	Value	IRS element (for citing)
Total	$1,559,415	TotalAmt
Program Services	$1,218,519	ProgramServicesAmt
Management And General	$331,896	ManagementAndGeneralAmt
Fundraising	$9,000	FundraisingAmt

Advertising AdvertisingGrp

Field	Value	IRS element (for citing)
Total	$19,127	TotalAmt
Management And General	$19,127	ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

Field	Value	IRS element (for citing)
Total	$95,388	TotalAmt
Program Services	$51,970	ProgramServicesAmt
Management And General	$37,454	ManagementAndGeneralAmt
Fundraising	$5,964	FundraisingAmt

Information Technology InformationTechnologyGrp

Field	Value	IRS element (for citing)
Total	$686,523	TotalAmt
Program Services	$322,952	ProgramServicesAmt
Management And General	$353,174	ManagementAndGeneralAmt
Fundraising	$10,397	FundraisingAmt

Occupancy OccupancyGrp

Field	Value	IRS element (for citing)
Total	$113,354	TotalAmt
Program Services	$34,715	ProgramServicesAmt
Management And General	$78,639	ManagementAndGeneralAmt

Travel TravelGrp

Field	Value	IRS element (for citing)
Total	$128,926	TotalAmt
Program Services	$58,531	ProgramServicesAmt
Management And General	$61,412	ManagementAndGeneralAmt
Fundraising	$8,983	FundraisingAmt

Conferences Meetings ConferencesMeetingsGrp

Field	Value	IRS element (for citing)
Total	$206,383	TotalAmt
Program Services	$36,736	ProgramServicesAmt
Management And General	$83,601	ManagementAndGeneralAmt
Fundraising	$86,046	FundraisingAmt

Interest InterestGrp

Field	Value	IRS element (for citing)
Total	$1,932,749	TotalAmt
Program Services	$1,932,749	ProgramServicesAmt

Depreciation Depletion DepreciationDepletionGrp

Field	Value	IRS element (for citing)
Total	$18,857	TotalAmt
Program Services	$11,926	ProgramServicesAmt
Management And General	$6,256	ManagementAndGeneralAmt
Fundraising	$675	FundraisingAmt

Insurance InsuranceGrp

Field	Value	IRS element (for citing)
Total	$46,599	TotalAmt
Program Services	$21,013	ProgramServicesAmt
Management And General	$25,162	ManagementAndGeneralAmt
Fundraising	$424	FundraisingAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDesc	TotalTotalAmt	Program ServicesProgramServicesAmt	Management And GeneralManagementAndGeneralAmt	FundraisingFundraisingAmt
PROVISION FOR LOAN LOSS	$4,307,679	$4,307,679
CLOSING EXPENSES	$72,451	$72,451
DUES AND MEMBERSHIPS	$21,694	$12,725	$8,889	$80
PUBLICATIONS AND SUBSCR	$450		$450

All Other Expenses AllOtherExpensesGrp

Field	Value	IRS element (for citing)
Total	$105,737	TotalAmt
Program Services	$70,583	ProgramServicesAmt
Management And General	$34,269	ManagementAndGeneralAmt
Fundraising	$885	FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

Field	Value	IRS element (for citing)
Total	$15,384,994	TotalAmt
Program Services	$12,105,316	ProgramServicesAmt
Management And General	$2,591,083	ManagementAndGeneralAmt
Fundraising	$688,595	FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

Field	Value	IRS element (for citing)
BOY	$1,749,308	BOYAmt
EOY	$1,942,990	EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

Field	Value	IRS element (for citing)
BOY	$47,446,205	BOYAmt
EOY	$46,931,627	EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$2,369,022	BOYAmt
EOY	$940,105	EOYAmt

Accounts Receivable AccountsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$10,000	BOYAmt
EOY	$15,000	EOYAmt

Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp

Field	Value	IRS element (for citing)
BOY	$66,851,740	BOYAmt
EOY	$82,023,335	EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

Field	Value	IRS element (for citing)
BOY	$126,956	BOYAmt
EOY	$111,502	EOYAmt

Field	Value	IRS element (for citing)
Land Bldg Equip Cost Or Other Bss	$80,666	LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec	$67,454	LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

Field	Value	IRS element (for citing)
BOY	$28,760	BOYAmt
EOY	$13,212	EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

Field	Value	IRS element (for citing)
BOY	$91,815	BOYAmt
EOY	$95,967	EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

Field	Value	IRS element (for citing)
BOY	$929,228	BOYAmt
EOY	$1,065,056	EOYAmt

Other Assets Total OtherAssetsTotalGrp

Field	Value	IRS element (for citing)
BOY	$1,578,801	BOYAmt
EOY	$1,187,129	EOYAmt

Total Assets TotalAssetsGrp

Field	Value	IRS element (for citing)
BOY	$121,181,835	BOYAmt
EOY	$134,325,923	EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

Field	Value	IRS element (for citing)
BOY	$605,980	BOYAmt
EOY	$1,074,023	EOYAmt

Deferred Revenue DeferredRevenueGrp

Field	Value	IRS element (for citing)
BOY	$5,666,472	BOYAmt
EOY	$3,869,394	EOYAmt

Escrow Account Liability EscrowAccountLiabilityGrp

Field	Value	IRS element (for citing)
BOY	$748,287	BOYAmt
EOY	$282,369	EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

Field	Value	IRS element (for citing)
BOY	$14,394,407	BOYAmt
EOY	$13,421,949	EOYAmt

Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp

Field	Value	IRS element (for citing)
BOY	$32,420,475	BOYAmt
EOY	$34,177,170	EOYAmt

Other Liabilities OtherLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$13,760,000	BOYAmt
EOY	$18,260,000	EOYAmt

Total Liabilities TotalLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$67,595,621	BOYAmt
EOY	$71,084,905	EOYAmt

Field	Value	IRS element (for citing)
Organization Follows FASB117	Yes (X)	OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$38,382,882	BOYAmt
EOY	$47,050,161	EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$15,203,332	BOYAmt
EOY	$16,190,857	EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$53,586,214	BOYAmt
EOY	$63,241,018	EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$121,181,835	BOYAmt
EOY	$134,325,923	EOYAmt

Field	Value	IRS element (for citing)
Reconcilation Revenue Expnss	$9,649,913	ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst	$4,891	NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets	$0	OtherChangesInNetAssetsAmt
Info In Schedule O Part XII	Yes (X)	InfoInScheduleOPartXIIInd
Method Of Accounting Accrual	Yes (X)	MethodOfAccountingAccrualInd
Accountant Compile Or Review	0	AccountantCompileOrReviewInd
FS Audited	Yes (1)	FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

Field	Value	IRS element (for citing)
Separate Basis Fincl Stmt	Yes (X)	SeparateBasisFinclStmtInd

Field	Value	IRS element (for citing)
Audit Committee	Yes (1)	AuditCommitteeInd
Federal Grant Audit Required	Yes (1)	FederalGrantAuditRequiredInd
Federal Grant Audit Performed	Yes (1)	FederalGrantAuditPerformedInd

Schedule A IRS990ScheduleA

Field	Value	IRS element (for citing)
Public Organization170	Yes (X)	PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$12,400,170	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$5,600,393	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$9,259,677	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$18,448,582	CurrentTaxYearMinus1YearAmt
Current Tax Year	$12,825,287	CurrentTaxYearAmt
Total	$58,534,109	TotalAmt

Govt Furn Srvc Fclts Vl170 GovtFurnSrvcFcltsVl170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$10,770	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$11,000	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$12,000	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$12,000	CurrentTaxYearMinus1YearAmt
Current Tax Year	$12,000	CurrentTaxYearAmt
Total	$57,770	TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$12,410,940	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$5,611,393	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$9,271,677	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$18,460,582	CurrentTaxYearMinus1YearAmt
Current Tax Year	$12,837,287	CurrentTaxYearAmt
Total	$58,591,879	TotalAmt

Field	Value	IRS element (for citing)
Substantial Contributors Tot	$9,925,946	SubstantialContributorsTotAmt
Public Support Total170	$48,665,933	PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$54,334	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$92,607	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$231,739	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$1,410,191	CurrentTaxYearMinus1YearAmt
Current Tax Year	$2,112,672	CurrentTaxYearAmt
Total	$3,901,543	TotalAmt

Field	Value	IRS element (for citing)
Total Support	$62,493,422	TotalSupportAmt
Gross Receipts Rltd Activities	$32,386,847	GrossReceiptsRltdActivitiesAmt
Public Support CY170	0.77870	PublicSupportCY170Pct
Public Support PY170	0.70890	PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170	Yes (X)	ThirtyThrPctSuprtTestsCY170Ind

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

Field	Value	IRS element (for citing)
Contributor	RESTRICTED	ContributorNum

Contributor Business Name ContributorBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	RESTRICTED	BusinessNameLine1

Contributor US Address ContributorUSAddress

Field	Value	IRS element (for citing)
Address Line1	RESTRICTED	AddressLine1
Address Line2	RESTRICTED	AddressLine2
City	RESTRICTED	City
State	RESTRICTED	State
ZIP Code	RESTRICTED	ZIPCode

Field	Value	IRS element (for citing)
Total Contributions	RESTRICTED	TotalContributionsAmt

Schedule C IRS990ScheduleC

Field	Value	IRS element (for citing)
Volunteers	0	VolunteersInd
Paid Staff Or Management	0	PaidStaffOrManagementInd
Media Advertisements	0	MediaAdvertisementsInd
Mailings Members	0	MailingsMembersInd
Publications Or Broadcast	0	PublicationsOrBroadcastInd
Grants Other Organizations	0	GrantsOtherOrganizationsInd
Direct Contact Legislators	0	DirectContactLegislatorsInd
Rallies Demonstrations	0	RalliesDemonstrationsInd
Other Activities	Yes (1)	OtherActivitiesInd
Other Activities	$10,000	OtherActivitiesAmt
Total Lobbying Expenditures	$10,000	TotalLobbyingExpendituresAmt
Not Described Section501c3	0	NotDescribedSection501c3Ind

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	PART II-B, LINE 1:	FormAndLineReferenceDesc
Explanation	GOVERNMENT RELATION SERVICES ($10,000)	ExplanationTxt

Schedule D IRS990ScheduleD

Field	Value	IRS element (for citing)
Agent Trustee Etc	0	AgentTrusteeEtcInd
Beginning Balance	$748,287	BeginningBalanceAmt
Additions During Year	-$400,825	AdditionsDuringYearAmt
Distributions During Year	$65,093	DistributionsDuringYearAmt
Ending Balance	$282,369	EndingBalanceAmt
Incl Escrow Custodial Acct Liab	Yes (1)	InclEscrowCustodialAcctLiabInd
Explanation Provided	Yes (X)	ExplanationProvidedInd

Other Land Buildings OtherLandBuildingsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$80,666	OtherCostOrOtherBasisAmt
Depreciation	$67,454	DepreciationAmt
Book Value	$13,212	BookValueAmt

Field	Value	IRS element (for citing)
Total Book Value Land Buildings	$13,212	TotalBookValueLandBuildingsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)

DescDesc	AmtAmt
EQUITY EQUIVALENT LIABILITIES	$13,760,000
INVESTMENT BOND PAYABLE	$4,500,000

Field	Value	IRS element (for citing)
Total Liability	$18,260,000	TotalLiabilityAmt
Footnote Text	Yes (X)	FootnoteTextInd
Total Rev Etc Audited Fincl Stmt	$25,311,263	TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst	$4,891	NetUnrealizedGainsInvstAmt
Donated Services And Use Fclts	$271,465	DonatedServicesAndUseFcltsAmt
Revenue Not Reported	$276,356	RevenueNotReportedAmt
Revenue Subtotal	$25,034,907	RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt	$0	RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990	$25,034,907	TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt	$15,656,459	TotExpnsEtcAuditedFinclStmtAmt
Donated Services Use Fclts	$271,465	DonatedServicesUseFcltsAmt
Expenses Not Reported	$271,465	ExpensesNotReportedAmt
Expenses Subtotal	$15,384,994	ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt	$0	ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990	$15,384,994	TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDesc

ExplanationExplanationTxt

PART IV, LINE 2B:

FROM TIME TO TIME, ACE ACTS AS AGENT ON BEHALF OF OTHER ORGANIZATIONS, WHICH INCLUDE DEKALB COUNTY. ACE COLLECTS CASH FUNDS FROM SERVICING THESE LOAN PORTFOLIOS THAT ARE OWNED BY THE OTHER ORGANIZATIONS NOTED ABOVE.

PART X, LINE 2:

ACE QUALIFIES AS A TAX-EXEMPT ORGANIZATION AS DESCRIBED IN INTERNAL REVENUE CODE SECTION 501(C)(3) AND HAS BEEN CLASSIFIED BY THE INTERNAL REVENUE SERVICE AS A PUBLICLY SUPPORTED ORGANIZATION AND NOT AS A PRIVATE FOUNDATION. ACE FOLLOWS THE STATUTORY REQUIREMENTS FOR ITS INCOME TAX ACCOUNTING AND GENERALLY AVOIDS RISKS ASSOCIATED WITH POTENTIALLY PROBLEMATIC TAX POSITIONS THAT MAY BE CHALLENGED UPON EXAMINATION. MANAGEMENT EVALUATED ACE'S TAX POSITIONS AND CONCLUDED THAT ACE HAS TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE FINANCIAL STATEMENTS TO COMPLY WITH THE PROVISION ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES.

Schedule J IRS990ScheduleJ

Field	Value	IRS element (for citing)
Compensation Committee	Yes (X)	CompensationCommitteeInd
Form990 Of Other Organizations	Yes (X)	Form990OfOtherOrganizationsInd
Board Or Committee Approval	Yes (X)	BoardOrCommitteeApprovalInd
Severance Payment	0	SeverancePaymentInd
Supplemental Nonqual Rtr Plan	0	SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm	0	EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org	0	CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs	0	CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org	0	CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs	0	CompBsdNetEarnsRltdOrgsInd
Any Non Fixed Payments	Yes (1)	AnyNonFixedPaymentsInd
Initial Contract Exception	0	InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (6 entries)

TitleTitleTxt	Base Compensation Filing OrgBaseCompensationFilingOrgAmt	Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt	Bonus Filing OrganizationBonusFilingOrganizationAmount	Bonus Related OrganizationsBonusRelatedOrganizationsAmt	Other Compensation Filing OrgOtherCompensationFilingOrgAmt	Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt	Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt	Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt	Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt	Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt	Total Compensation Filing OrgTotalCompensationFilingOrgAmt	Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt	Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt	Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
GRACE C FRICKS
PRESIDENT & CEO	$506,104	$0	$25,000	$0	$0	$0	$19,279	$0	$293	$0	$550,676	$0	$0	$0
SHANON STEWART
CHIEF CREDIT OFFICER	$205,310	$0	$10,000	$0	$0	$0	$6,324	$0	$5,176	$0	$226,810	$0	$0	$0
MARTINA EDWARDS
CHIEF OF STRATEGIC PARTNERSHIPS	$160,659	$0	$15,000	$0	$0	$0	$5,261	$0	$16,703	$0	$197,623	$0	$0	$0
SANDRA HEADLEY
VICE PRESIDENT	$165,284	$0	$11,400	$0	$0	$0	$4,896	$0	$1,824	$0	$183,404	$0	$0	$0
RAYNARD CLAY
DIRECTOR OF LENDING	$163,503	$0	$6,000	$0	$0	$0	$4,757	$0	$1,702	$0	$175,962	$0	$0	$0
RAY PENNIE
PRESIDENT OF BUSINESS DEVELOPMENT	$163,794	$0	$5,500	$0	$0	$0	$4,890	$0	$0	$0	$174,184	$0	$0	$0

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	PART I, LINE 7	FormAndLineReferenceDesc
Explanation	THE FOLLOWING EMPLOYEES RECEIVED DISCRETIONARY BONUSES: GRACE C. FRICKS $25,000 SHANON STEWART $10,000 SANDRA HEADLEY $11,400 RAY PENNIE $5,500 RAYNARD CLAY $6,000 MARTINA EDWARDS $15,000	ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (6 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
FORM 990, PART VI, SECTION B, LINE 11B	THE 990 WILL BE REVIEWED BY THE AUDIT/FINANCE COMMITTEE AND THEN SUBMITTED TO FULL BOARD FOR REVIEW AT THE NEXT BOARD MEETING PRIOR TO FILING.
FORM 990, PART VI, SECTION B, LINE 12C	CONFLICT OF INTEREST IS A WRITTEN POLICY INCLUDED IN THE COMPANY POLICY AND IS MONITORED BY THE CEO AND BOARD OF DIRECTORS. ACE REQUIRES THAT EACH EMPLOYEE SIGN A CONFLICT OF INTEREST AGREEMENT WHEN HIRED AND NOTIFY ACE WHEN A POSSIBLE CONFLICT ARISES.
FORM 990, PART VI, SECTION B, LINE 15	THE SALARY OF THE PRESIDENT/CEO IS REVIEWED BY THE BOARD COMPENSATION COMMITTEE. AS PART OF THIS REVIEW, SALARIES OF OTHER SIMILAR ORGANIZATIONS ARE USED. SALARIES AND CONTRACTS CONCERNING KEY EMPLOYEES ARE REVIEWED AS PART OF PREPARING THE ORGANIZATIONS BUDGET WHICH THE BOARD REVIEWS AND DISCUSSES.
FORM 990, PART VI, SECTION C, LINE 19	THE ENTITY'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST BY TELEPHONE OR IN WRITING.
FORM 990, PART IX, LINE 11G	OTHER CONTRACTED SERVICES: PROGRAM SERVICE EXPENSES 1,218,519. MANAGEMENT AND GENERAL EXPENSES 331,896. FUNDRAISING EXPENSES 9,000. TOTAL EXPENSES 1,559,415.
FORM 990 PART XI, LINE 2C	THE ORGANIZATION MAINTAINED THE SAME AUDITOR AS THE PRIOR YEAR, AND THE OVERSIGHT PROCESS HAS NOT CHANGED.