2025-05-05T08:26:27-05:00 2024-12-31 870343246 Squire & Company PC 1329 S 800 E Orem UT 84097 990 2024-01-01 870641040 Academy for Creating Enterprise CALL 8016097448 PO Box 299 Lehi UT 84043 Robert Heyn Executive Director 8016097448 2025-03-27 1 1 M Paul Winward P00290039 8012256900 2025-05-05 2024 2025-03-06 01:10:19Z Robert Heyn PO Box 299 Lehi UT 84043 2247896 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 9 4467 0 0 1230123 2140153 0 0 115333 107743 0 0 1345456 2247896 1247876 1459875 0 0 658899 717251 0 0 340612 416401 340113 2323176 2517239 -977720 -269343 3757438 3473829 64167 49901 3693271 3423928 X We ignite the entrepreneurial mindset in faith-driven people through training and support to create more abundant lives. 0 0 2039821 1459875 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. By the end of 2024 a total of 1,109 Chapters were operating with a total training sessions for that year reaching 682 in which 23,190 students were trained. The Chapter trainings and support efforts helped participants form 10,165 new businesses (Income Earning Activities). Program expenditures totaled $2,039,821 ($1,459,876 direct and $579,945 indirect) dollars on Chapter training and support, 81% of our annual budget.SEE SCHEDULE O FOR CONTINUATION OF PROGRAM SERVICE DESCRIPTIONIn 2024, chapter programs operated in the following countries: the Philippines, Mexico, Brazil, Peru, Venezuela, Bolivia, Ecuador, Colombia, Ghana, Nigeria, Argentina, Paraguay, Uruguay, Chile, Guatemala and Honduras.The following numbers represent statistics for the year 2024:- Start Now training sessions held - 652 - Chapter membership - 26,751 - New Income Generating Activities (new small businesses) formed by chapter members in 2024 - 10,165 - The Annual Academy Awards in each Area ($86,788 spent in all areas) celebrates the achievements of members throughout the year 2039821 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 8 0 9 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 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 Andrew Barfus Board Member 1.00 X 0 0 0 Carrie Thompsen Board Member 1.00 X 0 0 0 Doug Holmes 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 157153 0 2162 Cameron Crowther Exec Vice President 40.00 X 104934 0 6538 Curtis Beesley Exec VP of Operations 40.00 X 118481 0 4254 380568 0 12954 3 0 1 0 0 2140153 47528 2140153 107743 107743 2247896 0 0 107743 1459875 1459875 262087 157253 52417 52417 380189 132880 70383 176926 23602 14634 1888 7080 51373 30824 4110 16439 15349 13047 767 1535 40163 36533 1281 2349 43676 20748 22928 2198 1183 304 711 73731 66508 1588 5635 8400 4467 1389 2544 111760 89323 13 22424 253 253 Other 38397 6107 2666 29624 Supplies 6186 6186 2517239 2039821 136806 340612 64679 127972 3092621 2609147 594920 734922 1074 638 4144 1150 3757438 3473829 64167 49901 64167 49901 X 3069077 2599599 624194 824329 3693271 3423928 3757438 3473829 -269343 0 X 0 1 X 1 0 X 1868328 3720818 1719997 1117264 2140153 10566560 1868328 3720818 1719997 1117264 2140153 10566560 903674 9662886 54941 295 4593 115333 107743 282905 10849465 0.89060 0.91800 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 2247896 0 2247896 0 2247896 2517239 0 2517239 0 2517239 1 Central America and the Caribbean - Antigua & Barbuda, Aruba, Bahamas, 0 0 Program services - Chapter support Education/training 367181 East Asia and the Pacific - Australia, Brunei, Burma, Cambodia, 0 0 Program services - Chapter support Education/training 263789 South America - Argentina, Bolivia, Brazil, Chile, Columbia, Ecuador, 0 0 Program services - Chapter support Education/training 776092 Sub-Saharan Africa - Angola, Benin, Botswana, Burkina Faso, 0 0 Program services - Chapter support Education/training 52813 0 0 0 0 0 0 1459875 0 1459875 Central America and the Carribean Program services 367181 0 East Asia and the Pacific Program services 263789 0 South America Program services 776092 0 Sub-Saharan Africa Program services 52813 0 6 0 0 0 0 0 0 Schedule F 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. X 0 0 0 0 0 0 0 0 0 Robert Heyn Executive Director 157153 0 0 0 0 0 0 0 2162 0 159315 0 0 0 X Other 0 47528 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 just as Forms 990.