AFRICAN-AMERICAN HERITAGE FOUNDATION INC (EIN 421415305) - 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

1994

Legal Domicile

Principal Officer

BRIANNA KIM

Phone

3198622101

Tax Period

2024-01-01 to 2024-12-31

AFRICAN-AMERICAN HERITAGE FOUNDATION INC, founded in 1994, is a small nonprofit in the Arts, Culture & Humanities sector that reported $931K in total revenue in fiscal year 2024. Revenue fell 61% from the prior year — a significant decline worth monitoring. Expenses of $831K left a modest 11% surplus.

Mission

TO PRESERVE, EXHIBIT, AND TEACH THE AFRICAN AMERICAN HERITAGE OF IOWA.

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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 $928,428

Program Service Revenue $17,334

Investment Income $2,695

Other Revenue $-17,661

TOTAL REVENUE $930,796

Expense Breakdown

Grants Paid $0

Salaries & Benefits $316,994

Fundraising Expenses $114,931

Program Expenses $535,682

Other Expenses $514,505

TOTAL EXPENSES $831,499

Year-over-Year Comparison

	2024	2023	Change
Revenue	$930,796	$2,372,615	-0.6%
Expenses	$831,499	$613,381	+0.4%
Net Income	$99,297	$1,759,234	-0.9%

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

Employees

Volunteers

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

$126,937

Total Directors

$126,937

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BRIANNA KIM	DEPUTY DIREC	40.00	Officer Director	$63,005	$4,875	$67,880
LANISHA CASSELL LEFT OCT 24	EXECUTIVE DI	N/A	Officer Director	$56,225	$2,832	$59,057
NANCY HUMBLES LEFT JAN 24	PRESIDENT	N/A	Officer Director	$0	$0	$0
JAMARCO CLARK LEFT JAN 24	VICE PRESIDE	N/A	Officer Director	$0	$0	$0
KRISTIN PARROTT	SECRETARY	0.30	Officer Director	$0	$0	$0
ANTHONY BETTERS JR	VICE PRESIDE	0.30	Officer Director	$0	$0	$0
STEFANIE BOWERS	DIRECTOR	0.30	Director	$0	$0	$0
PEG FRASER	DIRECTOR	0.30	Director	$0	$0	$0
ABENA SANKOFA IMHOTEP	PRESIDENT	0.30	Officer Director	$0	$0	$0
TONYA B SCOTT LEFT JAN 24	DIRECTOR	N/A	Director	$0	$0	$0
REGINALD WARD LEFT JAN 24	DIRECTOR	N/A	Director	$0	$0	$0
DR SCOT REISINGER	DIRECTOR	0.30	Director	$0	$0	$0
KATRINA DAVENPORT	DIRECTOR	0.30	Director	$0	$0	$0
MARLON EWING	DIRECTOR	0.30	Director	$0	$0	$0
DR WILFRED JOHNSON LEFT JAN 24	TREASURER	0.30	Officer Director	$0	$0	$0
JEMAR LEE	DIRECTOR	0.30	Director	$0	$0	$0
NICK PETERSON	DIRECTOR	0.30	Director	$0	$0	$0
LINDSAY CANNADY	TREASURER	0.30	Director	$0	$0	$0
DOMINIQUE CAMPBELL JOINED DEC 24	DIRECTOR	0.30	Director	$0	$0	$0
JASON DANIELS JOINED DEC 24	DIRECTOR	0.30	Director	$0	$0	$0
KIRK THOMPSON JOINED DEC 24	DIRECTOR	0.30	Director	$0	$0	$0
KARESHA WILLIAMS JOINED DEC 24	DIRECTOR	0.30	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
2024	$930,796	$831,499	$5,685,868	$99,297
2023	$2,372,615	$613,381	$6,435,403	$1,759,234
2022	$1,630,745	$580,269	$3,089,178	$1,050,476
2021	$548,617	$503,385	$1,911,791	$45,232
2020	$434,917	$468,320	$1,908,312	$-33,403
2019	$444,399	$474,019	$1,891,465	$-29,620
2018	$342,489	$454,390	$1,927,515	$-111,901

AFRICAN-AMERICAN HERITAGE FOUNDATION INC