2024-08-22T09:39:39-05:00 2023-12-31 381357951 PLANTE & MORAN PLLC 2601 CAMBRIDGE CT STE 300 AUBURN HILLS MI 48326 990 2023-01-01 852802236 AYA FOUNDATION AYAF 7208533445 1031 33RD STREET DENVER CO 80205 BENILDA SAMUELS CHIEF EXECUTIVE OFFICER 7208533445 2024-08-14 1 1 DAVID LOWENTHAL P00378651 2483757100 2024-08-14 2023 2024-08-08 14:25:15Z BENILDA SAMUELS 1031 33RD STREET DENVER CO 80205 1281459 0 X WWW.AYAFOUNDATION.ORG X 2020 CO TO LEAD AN ECONOMIC REVOLUTION BY SUPPORTING MEMBERS OF THE BLACK COMMUNITY BUILD THEIR WEALTH THROUGH ACCESS TO EDUCATION, TRAINING, NETWORKS, AND FUNDING. 8 8 1 10 0 0 1508471 1172134 122729 107184 2127 2141 0 0 1633327 1281459 248970 177071 0 0 0 230885 1035 3128 95229 1412362 700321 1662367 1111405 -29040 170054 770508 1250454 0 59891 770508 1190563 X TO LEAD AN ECONOMIC REVOLUTION BY SUPPORTING MEMBERS OF THE BLACK COMMUNITY BUILD THEIR WEALTH THROUGH ACCESS TO EDUCATION, TRAINING, NETWORKS, AND FUNDING. 0 0 455030 THE NEW COMMUNITY TRANSFORMATION FUND, THE FIRST VENTURE CAPITAL FUND ESTABLISHED IN COLORADO TO SERVE PRIMARILY BIPOC ENTREPRENEURS CONTINUED TO MAKE GREAT STRIDES THROUGH 2023. UTILIZING THEIR PHILANTHROPIC DOLLARS, THE FUND WAS ABLE TO SCALE OPERATIONS WITH A FULL TEAM (FUND MANAGER, CHIEF OF STAFF, EXECUTIVE ASSISTANT AND OPERATIONS DIRECTOR). THE FUND SET UP INFRASTRUCTURE SYSTEMS TO REFER FOUNDERS TO THE SUPPORT THEY NEEDED. THROUGH OUR PARNTERSHIP WITH THE NCTF/COLLECTIVE FOR THE ADVANCEMENT OF BIPOC BUSINESSES WE WERE ABLE TO SUPPORT MORE THAN 20 ENTREPRENEURS. 205101 177071 AYA FOUNDATION'S GRANTMAKING PROGRAM MADE SIGNIFICANT STRIDES IN 2023. WE AWARDED $177,000 START UP BUSINESS GRANTS AND $25,000 IN REFUNDABLE GRANTS TO 9 ENTREPRENUERS TO SUPPORT BUSINESS GROWTH AND START UP COSTS. GRANTEES REPRESENT A WIDE RANGE OF INDUSTRIES (SERVICE, CONSUMER PRODUCTS, AND TECH). 136837 87440 TO LEAD AN ECONOMIC REVOLUTION BY SUPPORTING MEMBERS OF THE BLACK COMMUNITY BUILD THEIR WEALTH THROUGH ACCESS TO EDUCATION, TRAINING, NETWORKS, AND FUNDING. IN 2023 THE FOUNDATION SUPPORTED 91 ENTREPRENEURS WITH 509 IN-DEPTH TOUCHPOINTS. THREE ENTREPRENEUR EVENTS TO INCREASE THE NETWORKING AND SOCIAL CAPITAL OF BUSINESS OWNERS WERE HOSTED. 41 ENTREPRENEURS COMPLETED JUMP START MY BUSINESS BOOTCAMP. WE SERVED 14 ENTREPRENEURS THROUGH DIRECT BUSINESS COACHING, 10 ENTREPRENEURS RECEIVED BOOKKEEPING SUPPORT SERVICES, AND 46 INDIVIDUALS RECEIVED PERSONALIZED CONNECTIONS TO BUSINESS SUPPORT (LEGAL, MARKETING, BUSINESS DEVELOPMENT CONNECTIONS, BUSINESS PLANNING AND BUSINESS FINANCE PLANNING AND MORE). 110413 19744 OTHER FISCAL SPONSORSHIPS 110413 19744 907381 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 16 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 X 8 8 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 X BENILDA SAMUELS 7208533445 1031 33RD STREET DENVER CO 80205 JICELYN JOHNSON BOARD PRESIDENT 0.50 X X 0 0 0 AVI ALIYU TREASURER 0.50 X X 0 0 0 CHRIS DAEHNICK SECRETARY 0.50 X X 0 0 0 HANIFAH CHIKU BOARD MEMBER 0.50 X 0 0 0 ANNITA MENOGAN BOARD MEMBER 0.50 X 0 0 0 WIL ALSTON BOARD MEMBER 0.50 X 0 0 0 RICHARD LEWIS BOARD MEMBER 0.50 X 0 0 0 JAVON BRAME BOARD MEMBER 0.50 X 0 0 0 BENILDA SAMUELS EXECUTIVE DIRECTOR 50.00 X 155000 0 12410 155000 0 12410 1 0 1 0 0 170000 1002134 1172134 PROGRAM SERV. REVENUE 900099 87440 87440 FISCAL SPONSOR 900099 19744 19744 107184 2141 2141 1281459 107184 0 2141 X 177071 177071 167411 75025 26396 65990 41154 18390 6504 16260 4658 2621 582 1455 17662 8706 2560 6396 46583 46583 161144 161065 79 38825 6800 32025 3128 3128 149293 144809 2484 2000 10247 6503 3744 35487 21033 14454 13984 469 13515 10558 10245 313 113 113 5086 750 4336 PROGRAM EXP. NCTF 150140 150140 SPONSORSHIP EXPENSE 30244 30244 PROGRAM EXP. MSG 29250 29250 PROGRAM EXP. AYA 8182 6379 1803 11185 11185 1111405 907381 108795 95229 658908 916249 100917 213268 105000 16382 5775 2788 825 850 770508 1250454 0 59891 0 59891 X 770508 584952 605611 770508 1190563 770508 1250454 X 170054 250000 X 0 0 0 X 930250 1758471 1172134 3860855 930250 1758471 1172134 3860855 3860855 2127 2141 4268 3865123 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1 CARGARI LLC 1515 WYNKOOP STREET UNIT 360 DENVER CO 80202 921083460 20000 0 ADVERTISING DEVELOPMENT AND PLACEMENT COSTS. GLO KNOWS UNLIMITED GLORIA NEAL 20499 E 53RD AVENUE DENVER CO 80249 823991934 7500 0 WEBSITE DEVELOPMENT AND BRANDING FOR ORGANIZATION. GREATER PURPOSE MEDIA 1436 JERSEY STREET DENVER CO 80220 843823956 6000 0 FOR STATE REQUIRED SPECIALIZED TAX PREPARATION SOFTWARE FOR GREATER PURPOSE MEDIA. QUEENS GATE LLC 1701 SOUTH NEWPORT WAY DENVER CO 80224 922356686 10000 0 DEVELOP WOMEN'S HEALTH AND WELLNESS SOFTWARE APPLICATION. FOUND MY KEYS LLC 1652 SOUTH CIRCLE DRIVE COLORADO SPRINGS CO 80910 815372094 10000 0 CAPITAL PURCHASE AND RELATED FOR CAR SERVICE BUSINESS. WILD BOYD FARM LLC 37041 BROADWAY AVENUE MATHESON CO 80830 873536172 20000 0 PURCHASE LIVESTOCK FOR REGENERATIVE FARM. CAPE INCLUSION 8690 WINDHAVEN DRIVE PARKER CO 80134 100000 0 EMPOWER DEI COMMITTEES TO CREATE IMPACTFUL AND LONG-LASTING ORGANIZATIONAL CHANGE 8 PART I, LINE 2: DUE DILIGENCE TO SELECT GRANT RECIPIENTS INCLUDES AN APPLICATION, A PHONE CALL WITH CEO, AND REVIEW AND DECISION OF GRANT APPLICATION BY BOARD OF DIRECTORS (IF OVER $10K) OR BY CEO IF $10K OR BELOW. X 0 0 0 0 0 0 0 0 0 BENILDA SAMUELS EXECUTIVE DIRECTOR 155000 0 0 0 0 0 4650 0 7760 0 167410 0 0 0 PART I, LINE 3 THE BOARD RECEIVES AND REVIEWS BI-MONTHLY CEO REPORTS THROUGHOUT THE YEAR. THE BOARD REVIEWS THE EXECUTIVE DIRECTOR'S OVERALL PERFORMANCE AT LEAST ANNUALLY. THE EXECUTIVE DIRECTOR'S COMPENSATION WAS APPROVED BY A VOTE OF THE ENTIRE BOARD FORM 990, PART VI, SECTION B, LINE 11B THE ORGANIZATION'S PROCESS IS TO REVIEW A DRAFT OF THE FORM 990 WITH THE BOARD BEFORE ISSUANCE. A COPY IS PROVIDED TO ALL BOARD MEMBERS. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION MAKES ITS CONFLICT OF INTEREST POLICY AVAILABLE TO THE PUBLIC, UPON REQUEST. FORM 990, PART VI, SECTION B, LINE 15A THE BOARD RECEIVES AND REVIEWS BI-MONTHLY CEO REPORTS THROUGHOUT THE YEAR. THE BOARD REVIEWS THE EXECUTIVE DIRECTOR'S OVERALL PERFORMANCE AT LEAST ANNUALLY. THE EXECUTIVE DIRECTOR'S COMPENSATION WAS APPROVED BY A VOTE OF THE ENTIRE BOARD FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC, UPON REQUEST. FORM 990, PART VI, LINE 1A BOARD HAS DELGATED AUTHORITY TO AWARD GRANTS THAT ARE $10,000 OR LESS TO THE CEO. FORM 990, PART IX, LINE 11G CONTRACTOR: PROGRAM SERVICE EXPENSES 118,276. MANAGEMENT AND GENERAL EXPENSES 1,884. FUNDRAISING EXPENSES 2,000. TOTAL EXPENSES 122,160. EVALUATION SUPPORT: PROGRAM SERVICE EXPENSES 25,916. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 25,916. PROFESSIONAL DEVELOPMENT: PROGRAM SERVICE EXPENSES 367. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 367. GIFTS: PROGRAM SERVICE EXPENSES 250. MANAGEMENT AND GENERAL EXPENSES 100. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 350. INTERN: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 500. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 500. FORM 990, PART XI, LINE 9: PRIOR PERIOD ADJUSTMENT 250,000.