IAAM SUPPORT ORGANIZATION (EIN 844264813) - 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

2020

Legal Domicile

Principal Officer

DR TONYA MATTHEWS

Phone

8438725352

Tax Period

2024-01-01 to 2024-12-31

IAAM SUPPORT ORGANIZATION, founded in 2020, is a small nonprofit in the Arts, Culture & Humanities sector that reported $764K in total revenue in fiscal year 2024. Revenue fell 44% from the prior year — a significant decline worth monitoring. Expenses of $3.1M exceeded revenue, resulting in a 309% operating deficit.

Mission

THE MISSION IS TO FURTHER THE INTERNATIONAL AFRICAN AMERICAN MUSEUM'S CHARITABLE PURPOSE.

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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 $0

Program Service Revenue $0

Investment Income $0

Other Revenue $763,654

TOTAL REVENUE $763,654

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $3,024,601

Other Expenses $3,122,579

TOTAL EXPENSES $3,122,579

Year-over-Year Comparison

	2024	2023	Change
Revenue	$763,654	$1,354,419	-0.4%
Expenses	$3,122,579	$7,350,578	-0.6%
Net Income	$-2,358,925	$-5,996,159	-0.6%

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

N/A

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

$800,768

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JOSEPH P RILEY JR	BOARD MEMBER	1.00	Director	$0	$0	$0
LAWRENCE O THOMPSON	BOARD MEMBER	1.00	Director	$0	$0	$0
MARY ANN SULLIVAN	BOARD MEMBER	1.00	Director	$0	$0	$0
ROBERT E BRANAN	CHAIRPERSON	1.00	Officer Director	$0	$0	$0
DR TONYA MATTHEWS	CHIEF EXECUTIVE OFFICER	1.00	Officer	$0	$12,566	$242,548
DIANNE FIRMENT	CHIEF FINANCIAL OFFICER	1.00	Officer	$0	$11,821	$241,012
MALIKA PRYOR	CHIEF LEARNING AND ENGAGEM	1.00	Officer	$0	$10,764	$155,689
VIRGINIA DEERIN	MAJOR GIFTS OFFICER	1.00	Officer	$0	$9,914	$161,519
ROBYN WEBB WILLIAMS	DEVELOPMENT DIRECTOR	1.00	Highest	$0	$6,666	$114,676
ROBYN WATERSTON	DEVELOPMENT DIRECTOR	1.00	Highest	$0	$753	$110,374
RONALD BURNETTE	FACILITIES DIRECTOR	1.00	Highest	$0	$0	$102,500

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	$763,654	$3,122,579	$13,993,572	$-2,358,925
2023	$1,354,418	$7,350,578	$16,195,508	$-5,996,160
2022	$1,925,571	$323,734	$15,911,769	$1,601,837
2021	$241,760	$331,198	$4,787,993	$-89,438
2020	$90,423	$32,032,683	$15,703,405	$-31,942,260

IAAM SUPPORT ORGANIZATION