Utah · Nonprofit
Academy for Creating Enterprise
Academy for Creating Enterprise (Utah) receives grants from 42 organizations whose IRS filings report $5,402,712 to it, the largest being FIDELITY INVESTMENTS CHARITABLE GIFT FUND ($1,429,075). 26 of them have funded it in more than one year.
- Revenue FY2025
- $2.3M
- Funders on record
- 42
- Grants received
- $5.4M
- Net assets
- $2.7M
What Academy for Creating Enterprise does
Mission
We ignite the entrepreneurial mindset in faith-driven people through training and support to create more abundant lives.
As stated on its FY2025 Form 990.
Program
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*…
$2,428,251 spentof which $1,877,511 as grants100% of program spending
The program described on its FY2025 Form 990. Program spending in total: $2,428,251.
The organization over time
Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2024 to 2025, from $3.5M to $6.6M (+89%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
Government-grant reliance: 2023 8%. Grants only. Government contracts and fees sit inside program revenue.
95% of Academy for Creating Enterprise’s revenue is contributions — about as donation-reliant as the typical peer (97% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 4 of the last 9 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Chief executive
Robert Heyn
Executive Director
Board chair
Eric Louden
Board Chair
As listed on its FY2025 Form 990.
Who funds it, year by year
2017 → 2023: the base broadened from 10 funders to 24 funders, grant income rose $331k → $712k.
10 of 42 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 40% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
Left out of every figure on this page: $65k from one payer (the payer's own filing calls it a related party, largest The Lift Foundation). These are real filings, and they are not money Academy for Creating Enterprise raised.
From the IRS filings of Academy for Creating Enterprise’s funders (the co-funder graph). Top 30 of 42 funders by total. Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
Academy for Creating Enterprise has a broad base — no single funder exceeds 26% of grant income, and it takes 3 funders to reach half.
the vertical line marks half of all grant income — 3 funders to its left
43% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund Academy for Creating Enterprise.
Largest funder’s share by year: 2017 42% · 2018 57% · 2019 52% · 2020 50% · 2021 34% · 2022 33% · 2023 21% — diversifying over time.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How long its funders stay
50% of Academy for Creating Enterprise's funders are still giving 3 years after their first grant; 62% give in more than one year at all.
Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.
Where its funders are
88% of Academy for Creating Enterprise's grant income comes from Utah funders.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $2.1M arriving through sponsors registered in 7 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Against its field
Academy for Creating Enterprise holds deeper cash reserves than three-quarters of the 718 international nonprofits its size.
this organization peer median middle 50% of peers· 718 international nonprofits $1M–$10M, FY2025
Organizations like Academy for Creating Enterprise
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In Utah
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
81% of spending goes to programs.
Governance
Public support
85%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Part of a family of 1 related entity
- Academy for Creating Enterprise Endowment · exempt
Screen this organization
A dated, signed PDF of the compliance screen for Academy for Creating Enterprise: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds Academy for Creating Enterprise?
- Academy for Creating Enterprise (Utah) receives grants from 42 organizations whose IRS filings report $5,402,712 to it, the largest being FIDELITY INVESTMENTS CHARITABLE GIFT FUND ($1,429,075). 26 of them have funded it in more than one year.
- How many funders does Academy for Creating Enterprise have?
- IRS filings report 42 organizations giving $5,402,712 in grants to Academy for Creating Enterprise, 26 of which have funded it in more than one year.
- Who is the largest funder of Academy for Creating Enterprise?
- FIDELITY INVESTMENTS CHARITABLE GIFT FUND is the largest funder on record, with $1,429,075 in grants. The full list of funders is on this page.
- How can an organization like Academy for Creating Enterprise find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Utah. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
Play a game about who funds Academy for Creating Enterprise →
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 42 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing