NonprofitsAfrican Professionals Network - Apnet

Community Improvement & Capacity Building

African Professionals Network - Apnet

CINCINNATI, OH

Total revenue

$150K

Total expenses

$100K

Net assets

$82K

Grants received

$62K

5 grants

EIN

461528068

Tax year

2024

Mission

APNET's mission is to empower youth, professionals, and the community through three foundational pillars: Networking, Business, and Community. Through the promotion of African culture, economic development initiatives, and educational programs, we aim to celebrate heritage, uplift communities, and drive inclusive, lasting impact.

Programs

2 programs

Business: Mixers that attract between 100 and 150 unique participants each year across 3 to 5 curated events. These mixers serve as incubators for collaboration, knowledge exchange, and professional development, helping attendees build valuable relationships and expand their networks. The Business Connect series adds a strategic, cross-continental dimension, bringing together 80 to 100 participants annually, including business leaders, students, and investors from both the U.S. and Africa. Held 2 to 3 times per year, these events foster dialogue on trade, entrepreneurship, and investment opportunities, helping bridge the economic potential between African and American markets.

Expenses: $10K

Networking: The Symposium, APNET's flagship annual event, brings together an estimated 250 to 300 participants for a day of dialogue, learning, and celebration. In addition to panel discussions and networking sessions, the Symposium proudly awards approximately 8 to 10 scholarships to high school and college students each year, recognizing academic excellence and leadership potential. Furthermore, 3 to 5 community awards are presented during the event, honoring individuals who demonstrate outstanding achievement in professional development, business innovation, and community engagement. The Entrepreneurship Workshop (AEW Series) further supports networking by offering 6-8 training sessions per year, reaching an estimated 60 to 80 aspiring entrepreneurs. These workshops provide guidance on business formation, marketing, intellectual property, and other critical topics, with a focus on supporting immigrants and new business owners.

Expenses: $14K

Financials

FY 2024

Revenue

Contributions & grants$150K
Program service revenue
Investment income
Other revenue
Total revenue$150K

Expenses

Grants paid
Salaries & benefits$7K
Fundraising
Other expenses$93K
Total expenses$100K
Total assets$82K
Net assets$82K

People

7 listed

NameRoleCompensation

Prince Ellis

President

Board

20 hrs/wk

Lily Edinam Botsyoe

VP Admin & Governance

Board

10 hrs/wk

Michelle Kiigi

VP Events & Programs

Board

10 hrs/wk

Jaja Stoudemire

VP Marketing & Communications

Board

5 hrs/wk

Amanda Bock

VP Operations & Secretary

Board

10 hrs/wk

Bineta Asaliha Diop

VP Strategic Partnerships & Outreach

Board

5 hrs/wk

Stella Bridges

VP Finance & Treasurer

Board

5 hrs/wk

Grants received

Showing 5 of 5

FromAmountPurposeYear
$15K
PROGRAMATIC SUPPORT
2024
$15K
PROGRAMATIC SUPPORT
2024
$12K
TO PROVIDE FUNDING FOR AFRIFEST CINCY: TASTE OF AFRICA
2023
$10K
Catalyzing Impact Grant
2023
$10K
CATALYZING IMPACT GRANT
2022

Funded by

$62K from 3 funders · 5 grants · 2022–2024

The Greater Cincinnati Foundation

$30K · 2 grants · 2024

Cincinnati Institute of Fine Arts

$20K · 2 grants · 2022–2023

In Our Backyards Inc

$12K · 1 grant · 2023

Details

EIN461528068
NTEE codeS03
Subsection03
Ruling date2016-05
Formed2015
Employees2
Volunteers350
AFRICAN PROFESSIONALS NETWORK - APNET — Mission, Financials & Grants Received | Grantivo