Dr Maya Angelou Foundation

EIN: 364986997 501(c)(3) Philanthropy & Grantmaking

San Ramon, CA

Total Revenue
$145,087
Total Expenses
$251,713
Total Assets
$1,084,332
Net Assets
$1,084,332
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2021
Legal Domicile
CA
Principal Officer
Thamiah Tutt
Phone
5109850505
Tax Period
2024-02-01 to 2025-01-31

Dr Maya Angelou Foundation, founded in 2021, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $145K in total revenue in fiscal year 2024. Revenue surged 24% from the prior year, signaling strong growth momentum. Expenses of $252K exceeded revenue, resulting in a 73% operating deficit.

Mission

Our mission is to activate positive change and inspire the next generation of critical thinkers, creative writers and courageous leaders through our innovative programs rooted in greater access to education, equality, and justice for all. We fulfill our mission by awarding deserving students scholarships to attend historically black colleges and universities through our flagship Annie Willie Scholarship, strengthen student outcomes and literacy- and writing-based curriculum through our Dr. Maya Angelou Foundation Essay Contest, and by supporting healthcare and community-based initiatives bearing Dr. Angelous name.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $8,420
Program Service Revenue $0
Investment Income $136,667
Other Revenue $0
TOTAL REVENUE $145,087

Expense Breakdown

Grants Paid $0
Salaries & Benefits $192,438
Fundraising Expenses $20,487
Program Expenses $76,535
Other Expenses $59,275
TOTAL EXPENSES $251,713

Year-over-Year Comparison

2024 2023 Change
Revenue $145,087 $117,086 +0.2%
Expenses $251,713 $244,263 +0.0%
Net Income $-106,626 $-127,177 -0.2%
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

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Liquidity & Cash Position

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Governance

Voting Members
8
Independent Members
8
Employees
2
Volunteers
11

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
4
$135,935
Total Directors
8
$135,935
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Thamiah Tutt Board Chair 40.00
Officer Director
$135,935 $0 $135,935
Porsche Burke Secretary 1.00
Officer Director
$0 $0 $0
Michael Steele Treasurer 1.00
Officer Director
$0 $0 $0
Ato Bernasko Vice Chair 1.00
Officer Director
$0 $0 $0
Eldridge Hanes Director 1.00
Director
$0 $0 $0
Dr Howard Dodson Director 1.00
Director
$0 $0 $0
Elliott Jones Sole Member 1.00
Director
$0 $0 $0
Wallis Tinnie PhD Director 1.00
Director
$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
2025 $145,087 $251,713 $1,084,332 $-106,626
2024 $117,086 $244,263 $1,256,998 $-127,177
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