AFRICATOWN INTERNATIONAL (EIN 814342047) - 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

Malakhi Kaine

Phone

2068300149

Tax Period

2024-01-01 to 2024-12-31

AFRICATOWN INTERNATIONAL, founded in 2016, is a community nonprofit in the Community Improvement sector that reported $2.2M in total revenue in fiscal year 2024. Expenses of $2.6M exceeded revenue, resulting in a 19% operating deficit.

Mission

Our mission is to uplift the economic status of people of african descent through education, economic empowerment and human services.

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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 $2,175,615

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $2,175,615

Expense Breakdown

Grants Paid $0

Salaries & Benefits $287,388

Fundraising Expenses $263

Program Expenses $2,561,352

Other Expenses $2,302,719

TOTAL EXPENSES $2,590,107

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,175,615	$2,192,743	0.0%
Expenses	$2,590,107	$2,531,181	+0.0%
Net Income	$-414,492	$-338,438	+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

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

$114,026

Total Directors

$29,655

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Yalonda Sinde	Secretary/Treasurer	40	Officer	$114,026	$0	$114,026
Khabirah Weddington	Member at Large	20	Director	$29,655	$0	$29,655
Willie London	Member at Large	20	Director	$0	$0	$0
Malakhi Kaine	Board Chair	40	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
2024	$2,175,615	$2,590,107	$253,044	$-414,492
2024	$2,175,615	$2,590,107	$253,044	$-414,492
2023	$2,192,743	$2,433,647	$438,390	$-240,904
2023	$2,192,743	$2,531,181	$645,436	$-338,438
2022	$2,494,836	$1,869,747	$679,294	$625,089
2021	$285,058	$323,336	$54,205	$-38,278
2020	$912,144	$977,268	$-65,125	$-65,124

AFRICATOWN INTERNATIONAL