2026-05-18T17:04:00-05:00 2025-12-31 870343246 Squire & Company PC 1329 S 800 E Orem UT 84097 990 2025-01-01 870641040 Academy for Creating Enterprise CALL 8016097448 PO Box 299 Lehi UT 84043 Robert Heyn Executive Director 8016097448 2026-04-23 1 M Paul Winward P00290039 8012256900 2026-05-18 2025 2025-03-06 01:10:19Z Robert Heyn PO Box 299 Lehi UT 84043 2348996 0 X www.the-academy.org X 1999 UT We ignite the entrepreneurial mindset in faith-driven people through training and support to create more abundant lives. 11 11 8 7763 0 0 2140153 2167330 0 0 107743 115780 0 5072 2247896 2288182 1459875 1877511 0 0 717251 609095 0 0 353150 340113 496795 2517239 2983401 -269343 -695219 3473829 6568989 49901 3840280 3423928 2728709 X We ignite the entrepreneurial mindset in faith-driven people through training and support to create more abundant lives. 0 0 2428251 1877511 Grants were given to international programs who utilized member groups (called "Chapters") to facilitate all activity needed to assist members in their journey to become financially independent. In 2025, 22,562 participants attended a training led by in-country staff. Participants become members of a local chapter where they receive ongoing training and mentoring. Chapters are led by local volunteers who are trained to provide that mentoring during monthly meetings and visits to individual member businesses. By the end of 2025 a total of 1,220 Chapters existed in which an average of 24,607 graduates participated monthly. The Chapter trainings and mentoring efforts helped participants form 12,174 new businesses (Income Generating Activities). Program expenditures represented 81% of our annual budget.In 2025, chapter programs operated in the following countries: the Philippines, Mexico, Brazil, Peru, Venezuela, Bolivia, Ecuador, Colombia, Ghana, Nigeria, Sierra Leone, Argentina, Paraguay, Uruguay, Chile, Guatemala and Honduras. The following numbers represent statistics for the year 2025:In-Country Staff provided:* Start Now training sessions - 665* Grow Now training sessions - 55* Residential training sessions - 5Active Chapter membership - 24,607 * Chapter Presidency trainings - 5.069New Income Generating Activities (new small businesses) formed by chapter members in 2025 - 12,174The Annual Academy Awards in each Area ($64,783 spent in all areas) celebrated the achievements of members throughout the year.The Academy partnered with the Light the World Campaign (Giving Machines) in distributing over $500,000 of gifts and training purchased by individual donors to over 1,300 business owners to help them grow their businesses. 2428251 1 1 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 1 0 0 1 1 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 10 0 8 1 0 0 0 0 0 0 0 0 0 0 X 11 11 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X X Lanae Hooper 8016097448 PO Box 299 Lehi UT 84043 Eric Louden Board Chair 1.00 X X 0 0 0 Lyle Cricket Parry Treasurer 1.00 X X 0 0 0 Joe Jolene Swenson Vice Chair 1.00 X X 0 0 0 Shaun Ritchie Board Member 1.00 X 0 0 0 Brian Louise Murphy Board Member 1.00 X 0 0 0 Stephen W Gibson Board Member 1.00 X 0 0 0 Tanner Milne Board Member 1.00 X 0 0 0 Katie Ritchie Secretary 1.00 X X 0 0 0 Carrie Thompsen Board Member 1.00 X 0 0 0 Rex Hale Board Member 1.00 X 0 0 0 Rich Andrus Board Member 1.00 X 0 0 0 Robert Heyn Executive Director 40.00 X 172302 0 1108 Cameron Crowther President 40.00 X 133741 0 11588 306043 0 12696 2 0 1 0 0 2167330 73996 2167330 117455 117455 39211 40886 -1675 -1675 -1675 25000 19928 5072 5072 2288182 0 0 120852 1877511 1877511 306043 183627 61208 61208 232436 71081 38660 122695 29470 17682 2358 9430 41146 24687 3292 13167 400 400 16614 16614 761 761 168311 63998 6470 97843 79350 2 59401 19947 1514 315 274 925 114195 102532 2664 8999 1400 1400 74625 64686 488 9451 1275 1275 Supplies 19370 18058 1312 Other 18980 2797 8010 8173 2983401 2428251 202000 353150 127972 100177 2609147 2025154 734922 349149 638 569 2938341 1150 92818 1062781 3473829 6568989 49901 29267 0 3811013 49901 3840280 X 2599599 1351659 824329 1377050 3423928 2728709 3473829 6568989 -695219 0 X 0 1 X 1 0 X 3720818 1719997 1117264 2140153 2192330 10890562 3720818 1719997 1117264 2140153 2192330 10890562 1337033 9553529 295 4593 115333 107743 117455 345419 11235981 0.85030 0.89060 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1 3705000 0 3811013 1 1 0 Agency funds held on behalf of other 3811013 3811013 2287421 0 2287421 761 761 2288182 2982640 0 2982640 761 761 2983401 1 Central America and the Caribbean 0 0 Program services - chapter support Education/training 441562 East Asia and the Pacific 0 0 Program services - chapter support Education/training 335995 South America 0 0 Program services - chapter support Education/training 849548 Sub-Saharan Africa 0 0 Program services - chapter support Education/training 250406 0 0 0 0 0 0 1877511 0 1877511 Central America and the Caribbean Program services 441562 0 East Asia and the Pacific Program services 335995 0 South America Program services 849548 0 Sub-Saharan Africa Program services 250406 0 7 0 0 0 0 0 0 Part I, Line 2: The Academy works with organizations established in other countries that it has helped to create. Funds provided to these organizations are based on budgeted needs approved by the Academy's board. The Academy regularly visits and evaluates these organization's operations. Gala 25000 25000 19928 25000 25000 19928 19928 5072 X 0 0 0 0 0 0 0 0 0 Robert Heyn Executive Director 172302 0 0 0 0 0 0 0 1108 0 173410 0 0 0 X 1 73996 Estimated fair value 0 0 0 Form 990, Part VI, Section B, line 11b A draft of the Form 990 is provided to each board member prior to filing. Form 990, Part VI, Section B, line 12c Board members sign a conflict of interest statement when appointed to the board and are reminded to identify any conflicts during board meetings. Form 990, Part VI, Section B, line 15 Board performs market salary studies to determine compensation for all positions. Board performs market salary studies to determine compensation for all positions. Form 990, Part VI, Section C, line 19 Governing documents are available upon request. Academy for Creating Enterprise Endowment PO Box 299 Lehi UT 84043 Supporting Academy for Creating Enterprise UT 501(c)(3) Line 12a, I 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0