KANSAS BLACK FARMERS ASSOCIATION INC

EIN: 481222639 501(c)(3) Arts, Culture & Humanities

BOGUE, KS

Total Revenue
$816,507
Total Expenses
$771,814
Total Assets
$149,785
Net Assets
$142,657
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2018
Legal Domicile
KS
Principal Officer
JOHNELLA HOLMES REECE
Phone
7852369014
Tax Period
2023-01-01 to 2023-12-31

KANSAS BLACK FARMERS ASSOCIATION INC, founded in 2018, is a small nonprofit in the Arts, Culture & Humanities sector that reported $817K in total revenue in fiscal year 2023. Revenue surged 97% from the prior year, signaling strong growth momentum. Expenses of $772K left a modest 5% surplus.

Mission

TO BUILD AND STRENGTHEN KBFA INTO A SUSTAINABLE ORGANIZATION BY PROMOTING RESEARCH, EDUCATION AND SUSTAINABLE BEST PRACTICES IN FARMING AND LAND STEWARDSHIP. TO PROVIDE AND DEVELOP YOUTH EDUCATION

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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 (2023)

Revenue Breakdown

Contributions & Grants $816,507
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $816,507

Expense Breakdown

Grants Paid $79,500
Salaries & Benefits $592,931
Fundraising Expenses $0
Program Expenses $746,194
Other Expenses $99,383
TOTAL EXPENSES $771,814

Year-over-Year Comparison

2023 2022 Change
Revenue $816,507 $414,711 +1.0%
Expenses $771,814 $376,513 +1.0%
Net Income $44,693 $38,198 +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

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
6
Independent Members
6
Employees
4
Volunteers
13

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
$91,968
Total Directors
4
$91,968
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LATEEF DOWDELL 0.25
Officer
$0 $0 $0
JOHNELLA REECE 35.00
Officer Director
$85,018 $0 $85,018
EDGAR HICKS 0.38
Officer
$5,000 $0 $5,000
ZELIA WILEY 0.25
Director
$5,000 $0 $5,000
FRANCESSCA PETRIE 0.25
Officer Director
$1,950 $0 $1,950
TAMMY COUNTS 0.25
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 No data No data No data No data
2023 $816,507 $771,814 $149,785 $44,693
2022 $414,711 $376,513 $103,964 $38,198
2022 $414,711 $376,513 $103,964 $38,198
2021 $362,210 $300,434 $65,766 $61,776
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