SANKOFA CHILDRENS MUSEUM OF AFRICAN CULTURES INC (EIN 811771777) - Form 990 Financial Analysis & Trantor Score

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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

2016

Legal Domicile

Principal Officer

ESTHER ARMSTRONG

Tax Period

2024-01-01 to 2024-12-31

SANKOFA CHILDRENS MUSEUM OF AFRICAN CULTURES INC, founded in 2016, is a small nonprofit in the Arts, Culture & Humanities sector that reported $165K in total revenue in fiscal year 2024. Revenue decreased 17% compared to the prior year. Expenses of $200K exceeded revenue, resulting in a 21% operating deficit.

Mission

TO EDUCATE, INSPIRE AND CONNECT CHILDREN FROM ALL WALKS OF LIFE TO THE VAST PHYSICAL AND CULTURAL DIVERSITY OF THE AFRICAN CONTINENT AND TO PROMOTE UNDERSTANDING THROUGH ENGAGEMENT WITH ART, CULTURE AND HISTORY OF THE CONTINENTS MYRIAD DIVERSITIES AND CONTRIBUTION TO SOCIETY

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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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $120,881

Program Service Revenue $40,588

Investment Income $0

Other Revenue $3,824

TOTAL REVENUE $165,293

Expense Breakdown

Grants Paid $0

Salaries & Benefits $65,005

Fundraising Expenses $0

Program Expenses $169,733

Other Expenses $134,586

TOTAL EXPENSES $199,591

Year-over-Year Comparison

	2024	2023	Change
Revenue	$165,293	$200,187	-0.2%
Expenses	$199,591	$175,103	+0.1%
Net Income	$-34,298	$25,084	-2.4%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ESTHER ARMSTRONG	PRESIDENT	50.00	Officer Director	$0	$0	$0
NATASHA AMPOFO	TREASURER	10.00	Officer Director	$0	$0	$0
PAUL RHODES	BOARD MEMBER	2.00	Director	$0	$0	$0
NICHELE MASON	BOARD MEMBER	5.00	Director	$0	$0	$0
DORIS TITUS-GLOVER	BOARD MEMBER	2.00	Director	$0	$0	$0
TERRELL WILLIAMS	BOARD MEMBER	2.00	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
2024	$165,293	$199,591	$227,659	$-34,298
2023	$200,187	$175,103	$237,324	$25,084
2022	$240,726	$125,615	$357,184	$115,111
2021	$40,469	$83,902	$175,854	$-43,433
2020	$59,596	$81,596	$143,144	$-22,000
2019	$127,421	$60,384	$112,440	$67,037

SANKOFA CHILDRENS MUSEUM OF AFRICAN CULTURES INC