THE AAKOMA PROJECT INC (EIN 834378040) - Form 990 Financial Analysis & Trantor Score

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Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2019

Legal Domicile

Principal Officer

DR ALFIEE BRELAND-NOBLE

Phone

5714863382

Tax Period

2024-01-01 to 2024-12-31

The AAKOMA Project Inc, founded in 2019, is a community nonprofit in the Education sector that reported $1.1M in total revenue in fiscal year 2020. The organization ran a surplus of $853K, a strong 75% operating margin.

Mission

THE AAKOMA PROJECT WORKS TO BUILD THE CONSCIOUSNESS OF INTERSECTIONAL YOUTH AND YOUNG ADULTS OF COLOR AND THEIR CAREGIVERS ON THE RECOGNITION AND IMPORTANCE OF MENTAL HEALTH, EMPOWER YOUTH AND THEIR FAMILIES TO SEEK HELP AND MANAGE MENTAL HEALTH, AND INFLUENCE SYSTEMS AND SERVICES TO RECEIVE AND ADDRESS THE NEEDS OF YOUTH AND YOUNG ADULTS OF COLOR AND THEIR FAMILIES.

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $123,991

Program Service Revenue $14,850

Investment Income $16,857

Other Revenue $5,770

TOTAL REVENUE $161,468

Expense Breakdown

Grants Paid $0

Salaries & Benefits $484,773

Fundraising Expenses $166,195

Program Expenses $454,050

Other Expenses $687,018

TOTAL EXPENSES $1,171,791

Year-over-Year Comparison

	2024	2023	Change
Revenue	$161,468	$235,772	-0.3%
Expenses	$1,171,791	$1,555,060	-0.2%
Net Income	$-1,010,323	$-1,319,288	-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

$247,500

Total Directors

$247,500

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DR ALFIEE BRELAND-NOBLE	PRESIDENT	40.00	Officer Director	$247,500	$0	$247,500
HELEN KATHY WILLIAMS	VP, SECRETARY	1.00	Officer Director	$0	$0	$0
DR RICHARD NOBLE III	TREASURER	1.00	Officer Director	$0	$0	$0
DR SHAUNA COOPER	DIRECTOR	1.00	Director	$0	$0	$0
KATHY SPRINGFIELD COBB	DIRECTOR	1.00	Director	$0	$0	$0
ALEXANDRA FIELDS	ASSOCIATE CHIEF OF STAFF	40.00	Highest	$100,339	$5,647	$105,986

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	$161,468	$1,171,791	$746,533	$-1,010,323
2023	$235,772	$1,555,060	$1,528,401	$-1,319,288
2022	$3,235,156	$1,208,197	$2,825,242	$2,026,959
2021	$461,311	$536,231	$792,330	$-74,920
2020	$1,137,915	$284,430	$874,813	$853,485

THE AAKOMA PROJECT INC