Springfield Illinois African American History Foundatio (EIN 020775028) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2012

Legal Domicile

Principal Officer

Dr Kamau T Kemayo

Phone

2173916323

Tax Period

2024-01-01 to 2024-12-31

Springfield Illinois African American History Foundatio, founded in 2012, is a small nonprofit in the Arts, Culture & Humanities sector that reported $255K in total revenue in fiscal year 2024. Revenue surged 46% from the prior year, signaling strong growth momentum. The organization ran a surplus of $49K, a strong 19% operating margin.

Mission

We tell authentic stories about AfricanAmerican life in Central IL

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $152,620

Program Service Revenue $0

Investment Income $1,804

Other Revenue $100,420

TOTAL REVENUE $254,844

Expense Breakdown

Grants Paid $0

Salaries & Benefits $101,893

Fundraising Expenses $1,346

Program Expenses $78,562

Other Expenses $103,834

TOTAL EXPENSES $205,727

Year-over-Year Comparison

	2024	2023	Change
Revenue	$254,844	$174,819	+0.5%
Expenses	$205,727	$159,755	+0.3%
Net Income	$49,117	$15,064	+2.3%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

N/A

Independent Members

N/A

Employees

N/A

Volunteers

N/A

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✓ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Role	Reportable Comp	Other Comp	Total
AARON PEARL-CROPP	President	Officer Director	$0	$0	$0
BRADY ODOM	Recording Secretary	Officer Director	$0	$0	$0
DR BRIAN MITCHELL	Board Member	Director	$0	$0	$0
TOM HUTCHISON	Board Member	Director	$0	$0	$0
DR ANN JOSEPH	Board Member	Director	$0	$0	$0
JIM LEWIS	Board Member Emeritus	Director	$0	$0	$0
GAIL SIMPSON	Board Member	Director	$0	$0	$0
DAWN DEFRATIES	Treasurer	Officer Director	$0	$0	$0
KATHRYN HARRIS	Board Member Emeritus	Officer	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	$254,844	$205,727	$285,176	$49,117
2023	$174,819	$159,755	$235,482	$15,064
2022	$107,605	$67,883	$209,359	$39,722
2021	$92,478	$49,238	$183,207	$43,240
2020	$69,281	$45,747	$142,972	$23,534
2019	$84,890	$63,954	$119,645	$20,936
2018	$59,086	$67,297	$91,196	$-8,211

Springfield Illinois African American History Foundatio