AFRICAN AMERICAN LEADERSHIP FORUM

EIN: 472200830 501(c)(3) Education

Minneapolis, MN

Total Revenue
$2,254,151
Total Expenses
$3,504,093
Total Assets
$2,926,329
Net Assets
$2,667,650
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2014
Legal Domicile
MN
Principal Officer
Adair Mosley
Phone
6122219542
Tax Period
2024-01-01 to 2024-12-31

AFRICAN AMERICAN LEADERSHIP FORUM, founded in 2014, is a community nonprofit in the Education sector that reported $2.3M in total revenue in fiscal year 2024. Revenue fell 41% from the prior year — a significant decline worth monitoring. Expenses of $3.5M exceeded revenue, resulting in a 55% operating deficit.

Mission

The Organization's mission is to create a radical future for Black Minnesotans by advancing Black-Centered policies and solutions that actualize true liberation. The Organization envisions a prosperous future for Black Minnesota communities, a tomorrow that is inclusive, vibrant, fair and where Black excellence excels in all forms. The Organization is inspired by the Afrofuturism movement embracing the rich heritage of Black communities; believing in the unlimited potential of the future. The Organization imagines innovative problem-solving to achieve racial harmony, while empowering Black communities with resources to manifest an equitable future for themselves.

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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 $2,112,145
Program Service Revenue $140,609
Investment Income $1,206
Other Revenue $191
TOTAL REVENUE $2,254,151

Expense Breakdown

Grants Paid $54,434
Salaries & Benefits $2,110,400
Fundraising Expenses $289,372
Program Expenses $2,090,555
Other Expenses $1,336,609
TOTAL EXPENSES $3,504,093

Year-over-Year Comparison

2024 2023 Change
Revenue $2,254,151 $3,837,685 -0.4%
Expenses $3,504,093 $3,437,762 +0.0%
Net Income $-1,249,942 $399,923 -4.1%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
7
Independent Members
7
Employees
22
Volunteers
120

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
$264,385
Total Directors
10
$3,500
Key Employees
0
$0
Highest Compensated
3
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Adair Mosley Chief Executive Officer 40
Officer
$249,693 $14,692 $264,385
Shanaya Dungey Chief Operating Officer 40
Highest
$145,061 $12,335 $157,396
Etonam Sabah Managing Director Impact Evaluation and Learning 40
Highest
$119,989 $1,938 $121,927
Amber Jones Managing Director Policy Impact 40
Highest
$113,097 $8,064 $121,161
Simone Hardeman-Jones Board Member 1
Director
$3,500 $0 $3,500
Michael Favor Board Member 1
Director
$0 $0 $0
Nisha Botchwey Board Member 1
Director
$0 $0 $0
Mychal Frelix Board Member 1
Director
$0 $0 $0
Elijah Llewellyn McDavid III Board Member 1
Director
$0 $0 $0
Patricia Passel Board Member 1
Director
$0 $0 $0
Shaka Farr Board Member 1
Director
$0 $0 $0
Lauren Boulware Board Member 1
Director
$0 $0 $0
Kevin Lindsey Chair 1
Officer Director
$0 $0 $0
Duchesne Drew Treasurer 1
Officer 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 $2,254,151 $3,504,093 $2,926,329 $-1,249,942
2023 $3,837,685 $3,437,762 $4,142,373 $399,923
2022 $1,010,415 $2,218,874 $3,719,250 $-1,208,459
2021 $4,941,204 $1,654,568 $4,693,310 $3,286,636
2020 $2,380,467 $1,676,200 $1,622,305 $704,267
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