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GROW BUSINESSES, BUILD WEALTH AND INCREASE REINVESTEMENT IN THE AFRICAN COMMUNITIES OF MINNESOTA
Source: IRS Form 990 (Tax Year 2024)
Source: IRS e-Filed Form 990 (from the IRS e-File system), Tax Year 2024
Total Revenue
▼$4.6M
Program Spending
88%
of total expenses go to program services
Total Contributions
$3.1M
Total Expenses
▼$1.8M
Total Assets
$24.8M
Total Liabilities
▼$9.8M
Net Assets
$15M
Officer Compensation
→$367.8K
Other Salaries
$452.9K
Investment Income
$111.7K
Fundraising
▼N/A
Tax Year 2023 · Source: IRS Form 990, Schedule I (Grants and Other Assistance)
Total grants awarded: $69.8K
| Recipient | Location | Amount | Type | Purpose |
|---|---|---|---|---|
GEIRE PROPERTIES INC88-3031076 | MINNEAPOLIS, MN | $18.8K | Cash | TO HELP SMALL BUSINESS |
ARWA FASHION USA CO84-1836818 | MINNEAPOLIS, MN | $15K | Cash | TO HELP SMALL BUSINESS |
ADDIS TRAVEL SERVICES LLC13-4314759 | ST PAUL, MN | $7,500 | Cash | TO HELP SMALL BUSINESS |
PHOTO SHOP LLC81-2010371 | BROOKLYN PARK, MN | $7,500 | Cash | TO HELP SMALL BUSINESS |
NABIL PROPERTY LLC87-4833150 | EDEN PRAIRIE, MN | $7,500 | Cash | TO HELP SMALL BUSINESS |
PROCARE HEALTH CORP84-3737316 | EDEN PRAIRIE, MN | $7,500 | Cash | TO HELP SMALL BUSINESS |
GODSON TRUCKING LLC82-3584414 | WOODBURY, MN | $6,000 | Cash | TO HELP SMALL BUSINESS |
| Total | $69.8K | |||
GEIRE PROPERTIES INC
MINNEAPOLIS, MN
$18.8K
ARWA FASHION USA CO
MINNEAPOLIS, MN
$15K
ADDIS TRAVEL SERVICES LLC
ST PAUL, MN
$7,500
PHOTO SHOP LLC
BROOKLYN PARK, MN
$7,500
NABIL PROPERTY LLC
EDEN PRAIRIE, MN
$7,500
PROCARE HEALTH CORP
EDEN PRAIRIE, MN
$7,500
GODSON TRUCKING LLC
WOODBURY, MN
$6,000
Source: USAspending.gov
Federal award data is temporarily unavailable.
USAspending.gov tracks federal grants, cooperative agreements, and other financial assistance. Not all nonprofits receive federal funding.
Source: Federal Audit Clearinghouse (fac.gov)
Years audited
7
Clean years
2
Material Weakness
Yes
Noncompliance Issues
No
| Year | Status | Financial Report | Federal Expenditurecombined across all audits filed that year | Low Risk | Accepted |
|---|---|---|---|---|---|
| 2024 | Material Weakness | Unmodified (Clean) | $1.6M | No | 2025-06-25 |
| 2023 | Material Weakness | Unmodified (Clean) | $945.4K | No | 2024-08-01 |
| 2022 | Minor Findings | Unmodified (Clean) | $3.9M | No | 2023-06-29 |
| 2021 | Material Weakness | Unmodified (Clean) | $3.6M | No | 2022-09-29 |
| 2020 | Material Weakness | Unmodified (Clean) | $1.7M | No | 2021-09-21 |
| 2019 | Clean | Unmodified (Clean) | $1.4M | No | 2020-06-18 |
| 2018 | Clean | Unmodified (Clean) | $1.9M | No | 2019-07-02 |
Financial Report
Unmodified (Clean)
Federal Expenditure, combined across all audits filed that year
$1.6M
Financial Report
Unmodified (Clean)
Federal Expenditure, combined across all audits filed that year
$945.4K
Financial Report
Unmodified (Clean)
Federal Expenditure, combined across all audits filed that year
$3.9M
Financial Report
Unmodified (Clean)
Federal Expenditure, combined across all audits filed that year
$3.6M
Financial Report
Unmodified (Clean)
Federal Expenditure, combined across all audits filed that year
$1.7M
Financial Report
Unmodified (Clean)
Federal Expenditure, combined across all audits filed that year
$1.4M
Financial Report
Unmodified (Clean)
Federal Expenditure, combined across all audits filed that year
$1.9M
Tax Year 2024 · Source: IRS e-Filed Form 990Schedule J available
Individuals serving as officers, directors, or trustees of the organization.
| Name | Title | Hrs/Wk | Compensation | Related Orgs | Other |
|---|
Source: IRS Publication 78, Auto-Revocation List & e-Postcard Data
Tax-deductible contributions: Yes
Deductibility code: PC
Sources: IRS e-Filed Form 990 (XML) & ProPublica Nonprofit Explorer
Scroll →
| Year | Revenue | Contributions | Expenses | Assets | Net Assets |
|---|---|---|---|---|---|
| 2024IRS e-File | $4.6M | $3.1M | $1.8M | $24.8M | $15M |
| 2023IRS e-File | $5.2M | $4.3M | $1.7M | $21.7M | $12.2M |
| 2022 | $4M | $3.3M | $2.2M | $17.8M | $8.7M |
| 2021 | $5.3M |
Sources: ProPublica Nonprofit Explorer & IRS e-File Index
Financial data: IRS e-Filed Form 990 (Tax Year 2024)
Leadership & compensation: IRS e-Filed Form 990, Part VII (Tax Year 2024)
Organization info: IRS Business Master File
Tax-deductibility: IRS Publication 78
| Total |
|---|
| Nasibu Sareva | CEO | 50 | $201.7K | $0 | $28.9K | $230.6K |
| Felicia Ravelomanatsoa | CFO | 50 | $123.7K | $0 | $13.5K | $137.2K |
| Jo Ann Vano | Board President | 1 | $0 | $0 | $0 | $0 |
| Leah Mtegha | Board Secretary | 1 | $0 | $0 | $0 | $0 |
Nasibu Sareva
CEO
$230.6K
Hrs/Wk
50
Compensation
$201.7K
Related Orgs
$0
Other
$28.9K
Felicia Ravelomanatsoa
CFO
$137.2K
Hrs/Wk
50
Compensation
$123.7K
Related Orgs
$0
Other
$13.5K
Jo Ann Vano
Board President
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Leah Mtegha
Board Secretary
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Members of the governing board. Board members often serve without compensation.
| Name | Title | Hrs/Wk | Compensation | Related Orgs | Other | Total |
|---|---|---|---|---|---|---|
| Bruce W Nordin | Director | 1 | $0 | $0 | $0 | $0 |
| Daika Ismail | Director | 1 | $0 | $0 | $0 | $0 |
| Damon Jenkins | Director | 1 | $0 | $0 | $0 | $0 |
| Edwin Migiro | Director | 1 | $0 | $0 | $0 | $0 |
| Kaade Wallace | Director | 1 | $0 | $0 | $0 | $0 |
| Mike Stinson | Director | 1 |
Bruce W Nordin
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Daika Ismail
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Damon Jenkins
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
| $4.5M |
| $1.6M |
| $18.2M |
| $6.9M |
| 2020 | $3.2M | $3M | $1.2M | $11.3M | $3.9M |
| 2019 | $1.2M | $1.2M | $1M | $6.2M | $1.9M |
| 2018 | $1.2M | $1.1M | $952.3K | $6.1M | $1.7M |
| 2017 | $999.2K | $972.8K | $886.2K | $4.4M | $1.5M |
| 2016 | $752.6K | $728.8K | $838K | $3.5M | $1.3M |
| 2015 | $829.6K | $531.2K | $639.8K | $3.8M | $1.4M |
| 2014 | $776.1K | $693.6K | $661.6K | $3.9M | $1.2M |
| 2013 | $1.1M | $1M | $963.5K | $4.4M | $1.5M |
| 2012 | $719.3K | $589.8K | $1.1M | $4.1M | $1.3M |
| 2011 | $1.1M | $1M | $984.1K | $4.9M | $1.7M |
| 2021 | 990 | Data |
| 2020 | 990 | Data | PDF not yet published by IRS |
| 2019 | 990 | Data |
| 2018 | 990 | Data |
| 2017 | 990 | Data | PDF not yet published by IRS |
| 2016 | 990 | Data |
| 2015 | 990 | Data |
| 2014 | 990 | Data |
| 2013 | 990 | Data |
| 2012 | 990 | Data |
| 2011 | 990 | Data |
| 2010 | 990 | — |
| 2009 | 990 | — |
| 2008 | 990 | — |
| 2007 | 990 | — |
| 2006 | 990 | — |
| 2005 | 990 | — |
| 2004 | 990 | — |
| $0 |
| $0 |
| $0 |
| $0 |
| Scott Brophy | Director | 1 | $0 | $0 | $0 | $0 |
| Sean Wold | Director | 1 | $0 | $0 | $0 | $0 |
| Ubah Ali Jama | Director | 1 | $0 | $0 | $0 | $0 |
Edwin Migiro
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Kaade Wallace
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Mike Stinson
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Scott Brophy
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Sean Wold
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Ubah Ali Jama
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0