Association of African American
Aaaa was created to address the needs and concerns of african American financial professionals. Aaaa is a non-profit membership organization for black or african American fiancial advisors and affiliated professionals. [ ]
Association of African American at a glance
- Total assets
- $201,024
- -66.9% vs 2024
- Revenue (2025)
- $1,869,520
- +14.9% vs 2024
- Expenses (2025)
- $2,135,292
- +30.2% vs 2024
- Latest 990 filing
- Form 990, 2025 View filing
Data from IRS Form 990, 2025; updated September 2026.
Who Association of African American funds
How this funder distributes its grants
Grant Size Distribution
4 grants across all recorded years
The most common grant size was under $50K: 4 grants of 4 (100%).
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2022 to 2023, annual grant giving ranged from $38K (2022) to $50K (2023). In 2023 it made 2 grants totaling $50K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| 4N Business Group Fleming Island, FL | Sponsorship | $25,000 |
| Western Region Sigma Pi Phi Colleyville, TX | Sponsorship | $25,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2025 | $201,024 | $1,869,520 | $2,135,292 | — | — | — |
| 2024 | $606,862 | $1,626,776 | $1,639,985 | — | — | — |
| 2023 | $217,987 | $1,583,517 | $2,349,346 | $50,000 | 2 | $2,837 |
| 2022 | $958,958 | $1,122,994 | $689,763 | $38,000 | 2 | — |
| 2021 | $525,583 | $315,796 | $162,706 | — | — | — |
| 2020 | $372,493 | $589,806 | $263,157 | — | — | — |
| 2019 | $45,844 | $454,863 | $427,340 | — | — | — |
| 2018 | $18,321 | $258,207 | $247,252 | — | — | — |
About Association of African American
Based on IRS filings
Association of African American is a public charity focused on Community Improvement & Capacity Building, based in Washington, DC. IRS filing data is available from 2018 through 2025. As of 2025, the organization holds $201K in total assets.
Focus Areas
Leadership & Key People
Officers and directors from IRS filings
Association of African American is led by Sheena Gray, Chief Executive Officer since 2024 (on filings since 2020); 1 of 7 officers listed in 2025 is compensated.
Officers on the 2025 filing
Sheena Gray
Chief Executive Officer
Trustee → 2nd V Chair, 2022
2nd V Chair → Chief Executive Officer, 2024
On filings since 2020
40 hrs/week
$191K (2024) → $310K (2025)
Alex David
Chairman
Emeritus Chair → Chairman, 2024
On filings since 2023
4 hrs/week
No compensation reported
Lecount Davis
Chairman Emeritus
Chairman → Chairman Emeritus, 2019
On filings since 2018
No compensation reported
Desi Wyatt
Board Member
Trustee → Board Member, 2024
On filings since 2021
4 hrs/week
No compensation reported
Sharif Muhammad
Board Member
Treasurer → Financial Secretary, 2023
Financial Secretary → Board Member, 2024
On filings since 2021
4 hrs/week
No compensation reported
Araya Mesfin
Board Member
On filings since 2023
4 hrs/week
No compensation reported
Reginald Lillie
Board Member
On filings since 2023
4 hrs/week
No compensation reported
Former officers (15)
- Former: Rickie Taylor (2018–2024) — Board Member
- Former: Christian Nwasike (2019–2024) — Board Member
- Former: Dana Palmer (2022–2024) — Board Member
- Former: Necho Carroll (2023) — Director of Oper
- Former: Lazetta Rainey Braxton (2018–2021) — Chairman
- Former: Raymone Jackson (2020–2021) — Trustee
- Former: Jennifer Givens (2021) — Executive Director
- Former: Rene Nourse (2018–2020) — Vice Chair
- Former: Barrett Wragg (2019–2020) — Chair of Partnership Committee
- Former: Lauren Taylor (2020) — Secretary
- Former: Malcom Ethridge (2020) — Events Committee Chair
- Former: Tiffany Hawkins (2018–2019) — Marketing Chair
- Former: Chloe Moore (2018) — Treasurer
- Former: Crystal Alford Cooper (2018) — Officer
- Former: Gerald Loftin (2018) — President Elect
Data from IRS Form 990 filings, 2018–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2025 IRS filing
The highest reported compensation on the 2025 filing was $310K, to Sheena Gray (Chief Executive Officer).
Frequently asked questions about Association of African American
How large is Association of African American?
Association of African American reported $201K in total assets on its 2025 IRS Form 990. Its revenue that year was $1.9M.
What is Association of African American?
Association of African American is a public charity focused on Community Improvement & Capacity Building, based in Washington, DC. It holds $201K in total assets as of 2025.
Where does Association of African American operate?
Association of African American has awarded grants in Florida, New York, Texas.
What is Association of African American's EIN?
Association of African American's EIN (Employer Identification Number) is 38-4034837. IRS Form 990 filing data is available on this page for 2018–2025.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(3)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2022 (received by the IRS November 15, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS December 19, 2024)
- Added Form 990 for fiscal year 2025 (received by the IRS May 18, 2026)
Live grants for the work Association of African American funds
Community Improvement & Capacity Building Open opportunities, soonest deadline first.
Explore Open Grants
Browse active grant opportunities in Association of African American's focus areas in our free grants database
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