CULTURFIED FOUNDATION INC

EIN: 471753491 501(c)(3)

WASHINGTON, DC

Total Revenue
$31,082
Total Expenses
$38,935
Total Assets
$14,117
Net Assets
$-5,883
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2014
Legal Domicile
DC
Principal Officer
MELE MELTON
Phone
7039195289
Tax Period
2019-01-01 to 2019-12-31

CULTURFIED FOUNDATION INC, founded in 2014, is a micro nonprofit that reported $31K in total revenue in fiscal year 2019. Revenue fell 57% from the prior year — a significant decline worth monitoring. Expenses of $39K exceeded revenue, resulting in a 25% operating deficit.

Mission

TO FOSTER CROSS-CULTURAL UNDERSTANDING BETWEEN PEOPLE IN THE U.S. AND ACROSS THE WORLD BY COLLECTIVELY SHARING, CELEBRATING, AND PROMOTING THE RICHNESS, VARIETY, AND ORIGINALITY OF EVERY CULTURE THROUGH THE PLATFORM OF ARTS, EDUCATION, SPECIAL EVENTS, FESTIVALS, VOLUNTEERISM, AND INTERACTIVE ONLINE COMMUNITY OF REGISTERED MEMBERS FROM AROUND THE WORLD.

Program Service Accomplishments

Program 1
Expenses: $0 Revenue: $0

CULTURFIED KIDS: WORKSHOPS FOR MIDDLE SCHOOL STUDENTS WITH THE OPPORTUNITY TO BEGIN THEIR EXPLORATION OF WORLD CULTURES.

Program 2
Expenses: $0 Revenue: $0

PASSPORT DC: COMPREHENSIVE CULTURAL SUMMER PROGRAM IN CONJUNCTION WITH DCPS TEACHERS AND MEMBERS OF GREATER WASHINGTON BOYS AND GIRLS CLUBS

Program 3
Expenses: $0 Revenue: $0

SCHOLARSHIP PROGRAM: PROVIDE SCHOLARSHIPS TO DESERVING YOUTH AND ASPIRING ARTISTS

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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 (2019)

Revenue Breakdown

Contributions & Grants $7,582
Program Service Revenue $23,500
Investment Income $0
Other Revenue $0
TOTAL REVENUE $31,082

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $38,037
Other Expenses $38,935
TOTAL EXPENSES $38,935

Year-over-Year Comparison

2019 2018 Change
Revenue $31,082 $72,308 -0.6%
Expenses $38,935 $90,460 -0.6%
Net Income $-7,853 $-18,152 -0.6%
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

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Liquidity & Cash Position

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Governance

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

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
0
$0
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MELE MELTON PRESIDENT 25.00
Director
$0 $0 $0
EPHREM GEBREMEDHIN VICE PRESIDENT 5.00
Director
$0 $0 $0
MICHAEL E MELTON TREASURER 5.00
Director
$0 $0 $0
YEMARIAM MAMO SECRETARY 5.00
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
2019 $31,082 $38,935 $14,117 $-7,853
2018 $72,308 $90,460 $6,355 $-18,152
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