AFRICAN CULTURE CONNECTION (EIN 562592058) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2006

Legal Domicile

Principal Officer

H CHARLES AHOVISSI

Phone

4025565143

Tax Period

2023-07-01 to 2024-06-30

AFRICAN CULTURE CONNECTION, founded in 2006, is a small nonprofit in the Arts, Culture & Humanities sector that reported $570K in total revenue in fiscal year 2023. Revenue surged 36% from the prior year, signaling strong growth momentum. The organization ran a surplus of $111K, a strong 19% operating margin.

Mission

AFRICAN CULTURE CONNECTION EMPOWERS PEOPLE OF ALL AGES WITH KNOWLEDGE AND UNDERSTANDING THAT DEEPENS THEIR CONNECTION WITH AFRICA'S RICH CULTURAL LEGACY AND THE GLOBAL COMMUNITY.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $563,996

Program Service Revenue $6,000

Investment Income $0

Other Revenue $0

TOTAL REVENUE $569,996

Expense Breakdown

Grants Paid $0

Salaries & Benefits $130,192

Fundraising Expenses $3,375

Program Expenses $314,583

Other Expenses $329,291

TOTAL EXPENSES $459,483

Year-over-Year Comparison

	2023	2022	Change
Revenue	$569,996	$419,606	+0.4%
Expenses	$459,483	$493,185	-0.1%
Net Income	$110,513	$-73,579	-2.5%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

$80,750

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BRADLEY EKWEREKWU	PRESIDENT	4.00	Officer Director	$0	$0	$0
MONICA WELLS	VICE PRESIDENT	4.00	Officer Director	$0	$0	$0
BIDONG TOT	SECRETARY	4.00	Officer Director	$0	$0	$0
SAM DICKSON	TREASURER	4.00	Officer Director	$0	$0	$0
SAM QUARTEY	DIRECTOR	2.00	Director	$0	$0	$0
NATALIE HAHN	DIRECTOR	2.00	Director	$0	$0	$0
MARTIN SKOMAL	DIRECTOR	2.00	Director	$0	$0	$0
H CHARLES AHOVISSI	EXECUTIVE/ARTISTIC DIRECTO	40.00	Officer	$80,750	$0	$80,750

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	No data	No data	No data	No data
2024	$569,996	$459,483	$204,687	$110,513
2023	$419,606	$493,185	$94,174	$-73,579
2022	$403,397	$438,878	$169,001	$-35,481
2021	$588,928	$401,944	$221,403	$186,984
2020	$388,054	$383,536	$64,841	$4,518
2019	$314,698	$471,376	$39,633	$-156,678

AFRICAN CULTURE CONNECTION