HAWK FOUNDATION FOR RESEARCH & EDUCATION IN AFRICAN CULTURE

EIN: 832157920 501(c)(3) Arts, Culture & Humanities

OLYMPIA, WA

Total Revenue
$620,740
Total Expenses
$597,511
Total Assets
$259,085
Net Assets
$137,928
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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
2020
Legal Domicile
WA
Principal Officer
JAVOEN BYRD
Phone
2022819411
Tax Period
2024-01-01 to 2024-12-31

HAWK FOUNDATION FOR RESEARCH & EDUCATION IN AFRICAN CULTURE, founded in 2020, is a small nonprofit in the Arts, Culture & Humanities sector that reported $621K in total revenue in fiscal year 2024. Revenue surged 35% from the prior year, signaling strong growth momentum. Expenses of $598K left a modest 4% surplus.

Mission

THE HAWK FOUNDATION FOR RESEARCH AND EDUCATION IN AFRICA CULTURE DEDICATES ITSELF TO THE PROMOTION OF EDUCATION HOLKISTIC HEALTH AND TRAUMA HEALING IN THE AFRICAN AMERICAN COMMUNITY.

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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 (2024)

Revenue Breakdown

Contributions & Grants $594,568
Program Service Revenue $26,172
Investment Income $0
Other Revenue $0
TOTAL REVENUE $620,740

Expense Breakdown

Grants Paid $0
Salaries & Benefits $53,279
Fundraising Expenses $0
Program Expenses $597,511
Other Expenses $544,232
TOTAL EXPENSES $597,511

Year-over-Year Comparison

2024 2023 Change
Revenue $620,740 $461,493 +0.3%
Expenses $597,511 $325,237 +0.8%
Net Income $23,229 $136,256 -0.8%
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
5
Independent Members
5
Employees
1
Volunteers
N/A

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
1
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
NGERI NNACHI PRESIDENT N/A
Director
$0 $0 $0
GBENGA OLODARE VICE PRESIDE N/A
Director
$0 $0 $0
COLLIN PARKS SECRETARY N/A
Director
$0 $0 $0
JAVOEN BYRD EXECUTIVE DI N/A
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 $620,740 $597,511 $259,085 $23,229
2023 $461,493 $325,237 $186,772 $136,256
2022 $275,405 $246,279 $29,125 $29,126
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