Mission
Akiptan is a Native American Community Development Financial Institution (CDFI) that provides loans and technical assistance to those in Native Agriculture. Akiptan offers a whole suite of services that include financing youth, startups, operating costs, and ownership. They focus on patient capital, building solid relationships with borrowers, and providing continuous technical support. Their programs aim to leave more profits in the borrowers’ pockets to help them reinvest and grow their operations.
Basic Information
Founded in
2017
EIN
82-3541909
Total Assets
$19 million
UN Sustainable Development Goals Supported
This organization contributes to the following United Nations Sustainable Development Goals. See the SDG page for more information.
At a Glance
Youth Loan & Investment
Native Youth can access loans or investments to grow their agricultural operations.
General Loan & Investment
Operators can borrow up to $100,000 for capacity building in their operations.
Okhíčhaŋye Scholarship
Scholarships for Native American students pursuing degrees in agriculture.
Impact Stats
Tribal Nations
Tribal Nations Reached
Number of tribal nations involved with Akiptan.
Loan Capital
Loan Capital Committed
Total amount of loan capital committed by Akiptan.
Loans Provided
Number of Loans
Total number of loans provided by Akiptan.
Our Programs
Youth Financing
Loans and investments for Native Youth to start growing their agricultural operations.
Learn MoreGeneral Financing
Ownership and Operating loans up to $100,000 to build capacity for agricultural operations.
Learn MoreOkhíčhaŋye Scholarship
Scholarships for Native American high school seniors pursuing agricultural degrees.
Learn MoreTestimonials
"There’s no way we’d be able to do what we did without Akiptan, there’s something to be said about their customer service, in addition to the financial support. You can get real feedback about your ideas in an honest way, and they check in with you throughout the year because they care about your success."
Justine Kougl
Owner of Montana Ranch Beef
MIP Score (Beta)
The MIP Score is in beta! We'd love any feedback you may have.
The MIP Score and it's methodology is purely used as a way to visualize how a nonprofits public financial data compares against others. It doesn't reflect the unique circumstances and impact that a nonprofit has.The MIP Score should never be used to say one charity is better than another.
Overall Score
66
62
/100
Program Expense Ratio
75.43%
10
/20
Program Revenue Growth
32.21%
18
/20
Leverage Ratio
0.2628
12
/20
Working Capital Ratio
11.08
20
/20
Fundraising Efficiency
0
2
/20
Latest Filing Data: Form 990
Fiscal Year:2022
Source:Source: Self-reported by organization
Financial Details
Revenue
| Category | Amount | Percentage |
|---|---|---|
| Contributions, Gifts, and Grants | 4.961M | 91.41% |
| Program Services | 462.2K | 8.52% |
| Investment Income | 4.194K | 0.08% |
| Sales of Non-Inventory Assets | -175 | -0.00% |
| Other Notable Sources | 0 | 0.00% |
| Total Revenue | 5.428M | 100.00% |
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