Minnesota · Nonprofit
AFRICAN CAREER EDUCATION & RESOURCES IN
AFRICAN CAREER EDUCATION & RESOURCES IN (Minnesota) receives grants from 35 organizations whose IRS filings report $4,208,005 to it, the largest being The McKnight Foundation ($725,000). 22 of them have funded it in more than one year.
- Revenue FY2024
- $2.7M
- Funders on record
- 35
- Grants received
- $4.2M
- Net assets
- $2.3M
What African Career Education & Resources In does
Mission
Acer is the leading issue-based community organization working to uplift and amplify the african diaspora to build power for systemic change that advances racial and economic equity in communities.
As stated on its FY2024 Form 990.
Program
See schedule o.community and economic development - from ethnic foods to professional services, bipoc- and immigrant-owned small and micro-businesses are the economic backbone of our communities in the northwest suburbs - and the region. In 2024, we continued our work providing technical assistance to small businesses and support for cooperatives-while also launching new trainings for entrepreneurs.at acer, we connect business owners to experts, at no cost to them, to support and coach them through a wide range of services and, in 2024, we provided services to 146 businesses. In addition, the technical assistance program connected business owners to over $700,000 in capital. We also engaged in workforce development, providing 227 certified nursing assistant training scholarships and supporting eight students at brooklyn center community schools with youth entrepreneurship classes.acer's business opportunity hub launched two distinctive programs in 2024 to empower entrepreneurs with the necessary skills, insights, and tools to transform their ideas into actionable business ventures. Nearly 30 aspiring and current business owners participated in the acer bootcamp and acer core…
$1,938,636 spentof which $74,822 as grants$18,000 earned by the program100% of program spending
The program described on its FY2024 Form 990. Program spending in total: $1,938,636.
The organization over time
Each line starts at 100 in 2019, so what you read is the shape rather than the size: 150 means half as much again as 2019, 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 2019 to 2020, from $123k to $1.1M (+806%).
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: 2020 2% · 2021 3% · 2022 7% · 2023 8% · 2024 80%. Grants only. Government contracts and fees sit inside program revenue.
99% of AFRICAN CAREER EDUCATION & RESOURCES IN’s revenue is contributions — more reliant on donations than three-quarters of its peers (48% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 0 of the last 6 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
Nelima Sitati Munene
Executive director
Board chair
Aiysha Mustapha
Board chair
As listed on its FY2024 Form 990.
The chief executive listed changed between the FY2020 and FY2021 filings.
Who funds it, year by year
2017 → 2023: the base broadened from 4 funders to 12 funders, grant income rose $88k → $490k.
8 of 35 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 27% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
From the IRS filings of AFRICAN CAREER EDUCATION & RESOURCES IN’s funders (the co-funder graph). Top 30 of 35 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
AFRICAN CAREER EDUCATION & RESOURCES IN has a broad base — no single funder exceeds 17% of grant income, and it takes 5 funders to reach half.
the vertical line marks half of all grant income — 5 funders to its left
62% 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 AFRICAN CAREER EDUCATION & RESOURCES IN.
Largest funder’s share by year: 2017 48% · 2018 35% · 2019 61% · 2020 29% · 2021 20% · 2022 28% · 2023 26% — 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
28% of AFRICAN CAREER EDUCATION & RESOURCES IN's funders are still giving 3 years after their first grant; 63% 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
91% of AFRICAN CAREER EDUCATION & RESOURCES IN's grant income comes from Minnesota funders.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $1.1M arriving through sponsors registered in 5 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
AFRICAN CAREER EDUCATION & RESOURCES IN runs a healthier operating margin than three-quarters of the 11,752 education nonprofits its size.
this organization peer median middle 50% of peers· 11,752 education nonprofits $1M–$10M, FY2024
Organizations like AFRICAN CAREER EDUCATION & RESOURCES IN
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 Minnesota
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
93% of spending goes to programs.
Governance
Public support
80%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Files a return copy in 1 state
Part of a family of 1 related entity
- The Brooklyns' Cultural Village · partnership
Screen this organization
A dated, signed PDF of the compliance screen for AFRICAN CAREER EDUCATION & RESOURCES IN: 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 AFRICAN CAREER EDUCATION & RESOURCES IN?
- AFRICAN CAREER EDUCATION & RESOURCES IN (Minnesota) receives grants from 35 organizations whose IRS filings report $4,208,005 to it, the largest being The McKnight Foundation ($725,000). 22 of them have funded it in more than one year.
- How many funders does AFRICAN CAREER EDUCATION & RESOURCES IN have?
- IRS filings report 35 organizations giving $4,208,005 in grants to AFRICAN CAREER EDUCATION & RESOURCES IN, 22 of which have funded it in more than one year.
- Who is the largest funder of AFRICAN CAREER EDUCATION & RESOURCES IN?
- The McKnight Foundation is the largest funder on record, with $725,000 in grants. The full list of funders is on this page.
- How can an organization like AFRICAN CAREER EDUCATION & RESOURCES IN find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Minnesota. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2019–2024), and the filings of 35 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