AKERS AND AKERS FOUNDATION INC (EIN 852565918) - 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

ZERINA AKERS

Phone

2403048591

Tax Period

2022-01-01 to 2022-12-31

AKERS AND AKERS FOUNDATION INC, founded in 2020, is a micro nonprofit in the Human Services sector that reported $67K in total revenue in fiscal year 2022. Revenue fell 68% from the prior year — a significant decline worth monitoring. Expenses of $128K exceeded revenue, resulting in a 92% operating deficit.

Mission

TO EDUCATE YOUNG AFRICAN AMERICAN CURRENT AND FUTURE ENTREPRENEURS TO GROW AND RUN SUSTAINABLE AND REPUTABLE BUSINESSES. WE TEACH THE PRINCIPLE OF DEVELOPING A LIFESTYLE OF ENTREPRENEURSHIP WITHOUT HAVING TO RELY ON THE STRUCTURE OF CORPORATE AMERICA. FURTHERMORE, WE BELIEVE IN FINANCIAL INDEPENDENCE; A FREEDOM THAT CAN CHANGE CYCLIC PATTERNS OF POVERTY. OUR MOTTO AS AN ORGANIZATION IS TO SUPPORT THE ENDEAVORS OF OUR RECIPIENTS ALONG WITH CELEBRATING EACH OF THEIR MILESTONES AS THEY JOURNEY THROUGH THE ROAD TO ENTREPRENEURSHIP.

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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 (2022)

Revenue Breakdown

Contributions & Grants $66,700

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $66,700

Expense Breakdown

Grants Paid $124,934

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $124,934

Other Expenses $2,957

TOTAL EXPENSES $127,891

Year-over-Year Comparison

	2022	2021	Change
Revenue	$66,700	$208,445	-0.7%
Expenses	$127,891	$148,158	-0.1%
Net Income	$-61,191	$60,287	-2.0%

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

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
DANIELLE SIMS	BOARD MEMBER	1.00	Director	$0	$0	$0
ZERINA AKERS	PRESIDENT	5.00	Officer	$0	$0	$0
ZERINA SPALDING	SECRETARY	1.00	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
2022	$66,700	$127,891	$802	$-61,191
2021	$208,445	$148,158	$61,993	$60,287

AKERS AND AKERS FOUNDATION INC