SAGINAW AFRICAN CULTURAL FESTIVAL INC

EIN: 812744784 501(c)(3) Arts, Culture & Humanities

SAGINAW, MI

Total Revenue
$398,586
Total Expenses
$190,655
Total Assets
$409,711
Net Assets
$409,711
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2016
Legal Domicile
MI
Principal Officer
ALEXIS THOMAS
Phone
9898600032
Tax Period
2025-01-01 to 2025-12-31

SAGINAW AFRICAN CULTURAL FESTIVAL INC, founded in 2016, is a small nonprofit in the Arts, Culture & Humanities sector that reported $399K in total revenue in fiscal year 2025. The organization ran a surplus of $208K, a strong 52% operating margin.

Mission

THE SAGINAW AFRICAN CULTURAL FESTIVAL'S MISSION IS TO PROVIDE CULTURAL EDUCATION TO THE GREATER SAGINAW, MICHIGAN COMMUNITY.

Program Service Accomplishments

Program 1
Revenue: $185,464

VARIOUS CONTRIBUTIONS

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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 (2025)

Revenue Breakdown

Contributions & Grants $211,999
Program Service Revenue $185,464
Investment Income $1,114
Other Revenue $9
TOTAL REVENUE $398,586

Expense Breakdown

Grants Paid $2,919
Salaries & Benefits $71,365
Fundraising Expenses $7,193
Program Expenses $176,472
Other Expenses $116,371
TOTAL EXPENSES $190,655

Year-over-Year Comparison

2025 2024 Change
Revenue $398,586 N/A N/A
Expenses $190,655 N/A N/A
Net Income $207,931 N/A N/A
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
22
Independent Members
22
Employees
12
Volunteers
50

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
5
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ARSHEN BALDWIN SECRETARY 3.00
Officer
$0 $0 $0
STARR CURRY ASSISTANT TR 3.00
Officer
$0 $0 $0
KAREN LAWRENCE-WEBSTER TREASURER 3.00
Officer
$0 $0 $0
ALEXIS THOMAS PRESIDENT 3.00
Officer
$0 $0 $0
JOHN TURNER VICE PRESIDE 3.00
Officer
$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
2025 $398,586 $190,655 $409,711 $207,931
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