Friends of African American Heritage Trail Inc (EIN 271720928) - Form 990 Financial Analysis & Trantor Score

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Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2010

Legal Domicile

Phone

2515332174

Tax Period

2024-01-01 to 2024-12-31

Friends of African American Heritage Trail Inc, founded in 2010, is a small nonprofit in the Arts, Culture & Humanities sector that reported $531K in total revenue in fiscal year 2023. The organization ran a surplus of $475K, a strong 89% operating margin.

Mission

To educate, preserve and mark the historic contributions of African-Americans in Mobile.

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $14,518

Program Service Revenue $48,126

Investment Income $0

Other Revenue $0

TOTAL REVENUE $62,644

Expense Breakdown

Grants Paid $0

Salaries & Benefits $9,147

Fundraising Expenses $0

Other Expenses $55,469

TOTAL EXPENSES $64,616

Year-over-Year Comparison

	2024	2023	Change
Revenue	$62,644	$531,058	-0.9%
Expenses	$64,616	$4,075	+14.9%
Net Income	$-1,972	$526,983	-1.0%

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

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
SHEILA M FLANAGAN	Director	Officer	$0	$0	$0
Medina Ann Trenier	Secretary	Officer	$0	$0	$0
Marcia Hall	Director	Officer	$0	$0	$0
Kelly Finley	Director	Officer	$0	$0	$0
Karlos Finley	President	Officer	$0	$0	$0
Coleridge Franklin	Treasurer	Officer	$0	$0	$0
Cheryl Franklin	Director	Officer	$0	$0	$0
Charlotte Vernetta Greene	Director	Officer	$0	$0	$0
Eric Finley	Director	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	$62,644	$64,616	$562,950	$-1,972
2023	$531,058	$56,102	$525,456	$474,956

Friends of African American Heritage Trail Inc