Assoc for the Study of Classical African ASCAC

EIN: 954275554 501(c)(3)

Silver Spring, MD

Total Revenue
$48,379
Total Expenses
$28,833
Total Assets
$88,060
Net Assets
$88,060
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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
1990
Legal Domicile
MD
Principal Officer
MARIO H BEATTY
Phone
3012047718
Tax Period
2018-01-01 to 2018-12-31

Assoc for the Study of Classical African ASCAC, founded in 1990, is a micro nonprofit that reported $48K in total revenue in fiscal year 2018. Revenue grew 15% year-over-year, indicating healthy expansion. The organization ran a surplus of $20K, a strong 40% operating margin.

Mission

Our purpose is to promote the study of African civilizations for the development of an African world view

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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 (2018)

Revenue Breakdown

Contributions & Grants $18,711
Program Service Revenue $29,272
Investment Income $396
Other Revenue $0
TOTAL REVENUE $48,379

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $28,833
Other Expenses $28,833
TOTAL EXPENSES $28,833

Year-over-Year Comparison

2018 2017 Change
Revenue $48,379 $41,897 +0.2%
Expenses $28,833 $32,591 -0.1%
Net Income $19,546 $9,306 +1.1%
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
6
Independent Members
1
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
0
$0
Total Directors
6
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MARIO H BEATTY President 5.000
Director
$0 $0 $0
GREG K CARR 1st VP 3.000
Director
$0 $0 $0
LARRY CROWE 2nd VP 3.000
Director
$0 $0 $0
ALONA EDWARDS Secretary 3.000
Director
$0 $0 $0
JEROME BOYKIN Treasurer 3.000
Director
$0 $0 $0
LEONARD JEFFRIES Council Director 1.000
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
2018 $48,379 $28,833 $88,060 $19,546
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