African American Community Investment Fund

EIN: 861336897 501(c)(3) Human Services

Seattle, WA

Total Revenue
$244,582
Total Expenses
$246,533
Total Assets
$285
Net Assets
$285
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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
2021
Legal Domicile
WA
Principal Officer
Zachary K Bruce Sr
Phone
2062260027
Tax Period
2023-01-01 to 2023-12-31

African American Community Investment Fund, founded in 2021, is a small nonprofit in the Human Services sector that reported $245K in total revenue in fiscal year 2023. Revenue surged 24655% from the prior year, signaling strong growth momentum.

Mission

The AACIFUND's mission is to address poverty, homelessness, housing, hunger, violence prevention and small business owner support, in primarily, but not exclusively in African American Communities throughout the Puget Region and beyond

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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 (2023)

Revenue Breakdown

Contributions & Grants $244,582
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $244,582

Expense Breakdown

Grants Paid $246,511
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $246,511
Other Expenses $22
TOTAL EXPENSES $246,533

Year-over-Year Comparison

2023 2022 Change
Revenue $244,582 $988 +246.6%
Expenses $246,533 N/A N/A
Net Income $-1,951 $988 -3.0%
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

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Governance

Voting Members
7
Independent Members
7
Employees
N/A
Volunteers
10

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
5
$0
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Zachary K Bruce Sr President & Executive Director 1
Officer Director
$0 $0 $0
Dion Asberry First Vice President 1
Officer Director
$0 $0 $0
TayCjnay Waldher Second Vice President 1
Officer Director
$0 $0 $0
Mary Young Secretary 1
Officer Director
$0 $0 $0
Milena Beckford Treasurer 1
Officer Director
$0 $0 $0
Medearis Dixson Director 1
Director
$0 $0 $0
Brenda Crockett Director 1
Director
$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 No data No data No data No data
2023 $244,582 $246,533 $285 $-1,951
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