UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549



FORM 10-K/A



Amendment #1



☒ANNUAL
REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the fiscal year ended December
31, 2019

or

o TRANSITION
REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the transition period from ___________
to ___________

Commission file number: 000-25919

AMERICAN
CHURCH MORTGAGE COMPANY

(Exact Name of Registrant as Specified
in its Charter)

|Minnesota                                                            |  | 41-1793975                        
|-------------------------------------------------------------------- |  | ----------------------------------
|State or Other Jurisdiction of
        Incorporation or Organization |  | I.R.S. Employer Identification No.
|                                                                     |  |                                   
|10400 Yellow Circle Drive, Ste. 102 Minnetonka, MN                   |  | 55343                             
|Address of Principal Executive Offices                               |  | Zip Code                          

(952) 945-9455

Registrant’s Telephone Number, Including
Area Code

Securities registered pursuant to Section
12(g) of the Act:

|Title of each class                     | Trading Symbol | Name of exchange on which registered
|--------------------------------------- | -------------- | ------------------------------------
|Common Stock, $0.01 par value per share | N/A            | N/A                                 



Indicate by check mark if the registrant
is a well-known seasoned issuer as defined in Rule 405 of the Securities Act. Yes ☐
No ☒

Indicate by check mark if the registrant
is not required to file reports pursuant to Section 13 or Section 15(d) of the Act. Yes ☐
No ☒

Indicate by check mark whether the registrant
(1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding
12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such
filing requirements for the past 90 days. Yes ☒ No ☐

Indicate by check mark whether the registrant has submitted electronically
every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T during the preceding 12 months (or
for such shorter period that the registrant was required to submit such files). Yes ☒
No ☐



Indicate by check mark whether the registrant
is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company, or an emerging growth
company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting
company” and “emerging growth company” in Rule 12b-2 of the Exchange Act.  (Check one):











|Large accelerated filer ☐ | Accelerated filer ☐        
|------------------------- | ---------------------------
|Non-accelerated filer☒    | Smaller reporting company ☒
|Emerging growth company ☐ |                            

If an emerging growth
company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any
new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.    ☐

Indicate
by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Act).Yes ☐ No ☒



APPLICABLE ONLY TO CORPORATE ISSUERS:



State the aggregate
market value of the voting and non-voting common equity held by non-affiliates computed by reference to the price at which the
common equity was last sold, or the average bid and asked price of such common equity, as of the last business day of the registrant’s
most recently completed second fiscal quarter.



Indicate the number of shares outstanding of
each of the issuer’s classes of common stock, as of the latest practicable date.



|                                        |  | Outstanding at March 31, 2020
|--------------------------------------- |  | -----------------------------
|Common Stock, $0.01 par value per share |  | 1,677,798 shares             

Our
Common Stock, $0.01 par value per share, has traded on the over-the-counter market Pink Sheets at certain isolated times under
the symbol “ACMC.PK”



































































The following explanatory note was inadvertently
left out of the Company’s original 10-K filing on April 23, 2020.



Explanatory Note











American Church Mortgage Company (the “Company”)
disclosed in its Form 8-K filed March 27, 2020 that it would be relying on the March 4, 2020 Securities and Exchange Commission
Order under Section 36 of the Securities Exchange Act of 1934 Granting Exemptions from Specified Provisions of the Exchange Act
and Certain Rules Thereunder, the Partnership (as superceded by the order dated March 25, 2020) delayed the filing of this
Annual Report on Form 10-K, originally due Monday, March 30, 2020.The primary
reasons for the delay were due to the circumstances related to COVID-19. In particular, COVID-19-related shelter-in-place orders
and office closures severely affected transportation and limited access to the facilities of the Company and its auditor. This
resulted in disruptions to the Company’s auditor’s audit staff and its engagement quality control process which delayed
the auditor’s ability to complete its audit and the Company’s ability to prepare the Report. The Company is filing
the Report within the extended deadline of May 14, 2020 (which is 45 days from the Report’s original filing deadline of March
30, 2020).





Part IV

Item 15.  Exhibits and Financial
Statement Schedules.

The following documents are included
as exhibits to this Form 10-K/A and filed herewith.

|31.1 |  | Certification Pursuant to 18 U.S.C Section 1350, as Adopted Pursuant to Section 302
of the Sarbanes-Oxley Act of 2002
|---- |  | ---------------------------------------------------------------------------------------------------------------------



|31.2 |  | Certification Pursuant to 18 U.S.C Section 1350, as Adopted Pursuant to Section 302
of the Sarbanes-Oxley Act of 2002
|---- |  | ---------------------------------------------------------------------------------------------------------------------







| | SIGNATURES | 
| | ---------- | 

Pursuant to the requirements of Section
13 or 15(d) of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the
undersigned, thereunto duly authorized.

|Date: May 8, 2020 | American Church Mortgage Company     
|----------------- | -------------------------------------
|                  | By:   /s/ Scott J. Marquis           
|                  | Scott J. Marquis                     
|                  | Chief Financial Officer and Treasurer