AFRICAN-AMERICAN RESOURCE CENTER AT BOOKER

EIN: 471392289 501(c)(3) Community Improvement

Rockford, IL

Total Revenue
$697,358
Total Expenses
$513,569
Total Assets
$235,246
Net Assets
$235,246
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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
2014
Legal Domicile
IL
Principal Officer
Jessie Bates
Phone
8159629117
Tax Period
2024-07-01 to 2025-06-30

AFRICAN-AMERICAN RESOURCE CENTER AT BOOKER, founded in 2014, is a small nonprofit in the Community Improvement sector that reported $697K in total revenue in fiscal year 2024. Revenue surged 67% from the prior year, signaling strong growth momentum. The organization ran a surplus of $184K, a strong 26% operating margin.

Mission

Utilizing education, art, recreation, mentorship & cultural programs to create an environment that promotes & enhance the quality of life by celebrating achievements & improving the welfare of our community members.

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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 $679,138
Program Service Revenue $18,220
Investment Income $0
Other Revenue $0
TOTAL REVENUE $697,358

Expense Breakdown

Grants Paid $0
Salaries & Benefits $130,555
Fundraising Expenses $0
Program Expenses $174,075
Other Expenses $383,014
TOTAL EXPENSES $513,569

Year-over-Year Comparison

2024 2023 Change
Revenue $697,358 $416,968 +0.7%
Expenses $513,569 $411,277 +0.2%
Net Income $183,789 $5,691 +31.3%
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

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Governance

Voting Members
5
Independent Members
N/A
Employees
9
Volunteers
21

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
3
$0
Total Directors
2
$0
Key Employees
2
$40,820
Highest Compensated
2
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Bobbi Chapman Job Training Coordinator 30
Highest
$33,341 $0 $33,341
Karen Waller Program Manager 30
Key Emp
$27,082 $0 $27,082
Keyana Coleman Education Director 30.0
Highest
$13,997 $0 $13,997
Geneva Anderson Fiscal Officer 14.4
Key Emp
$13,738 $0 $13,738
Carnelia Wilcher Education Director 30
$8,651 $0 $8,651
Tanya Davis Parliamentarian 1.0
Director
$0 $0 $0
Marilyn Hawkins Board Member 2.0
Director
$0 $0 $0
Jessie Bates President 2.0
Officer
$0 $0 $0
Fayrene Muhammed Treasurer 2.0
Officer
$0 $0 $0
Aprel Prunty Secretary 2.0
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
2025 $697,358 $513,569 $235,246 $183,789
2024 $416,968 $411,277 $51,457 $5,691
2023 $483,527 $571,785 $45,766 $-88,258
2022 $456,771 $356,878 $99,893 $99,893
2022 $456,771 $356,877 $134,024 $99,894
2021 $848,916 $813,174 $34,130 $35,742
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