HAWK FOUNDATION FOR RESEARCH & EDU… - Form 990 Financial Data

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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

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 AFRICAN CULTURE DEDICATES ITSELF TO THE PROMOTION OF EDUCATION AND HOLISTIC HEALTH AND TRAUMA HEALING IN THE AFRICAN AMERICAN COMMUNITY, WITH RECOGNITION THAT WHEN ONE IS HEALED IT TOUCHES THOSE AROUND THEM.

Program Service Accomplishments

Program 1

Expenses: $597,511

WE WERE ABLE TO GROW OUR PROGRAMMING TOWARDS SCHOOL DISTRICTS. THIS HAS BEEN A HUGE SINCE OUR CONTRACTS WILL REFLECT THIS.

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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 $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

Governance

Voting Members

Independent Members

Employees

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

Total Directors

Key Employees

Highest Compensated

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

HAWK FOUNDATION FOR RESEARCH & EDUCATION IN AFRICAN CULTURE