AFRICAN MILLENNIUM FOUNDATION INC (EIN 954787785) - 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

1999

Legal Domicile

Principal Officer

JOE SIVE

Phone

3104982752

Tax Period

2024-01-01 to 2024-12-31

AFRICAN MILLENNIUM FOUNDATION INC, founded in 1999, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $218K in total revenue in fiscal year 2024. Revenue surged 24% from the prior year, signaling strong growth momentum. Expenses of $210K left a modest 4% surplus.

Mission

AFRICAN MILLENNIUM FOUNDATION IS COMMITTED TO THE SOCIAL AND ECONOMIC EMPOWERMENT OF THE PEOPLE OF AFRICA, ESPECIALLY WOMEN.

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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 $218,487

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $218,487

Expense Breakdown

Grants Paid $163,926

Salaries & Benefits $0

Fundraising Expenses $3,132

Program Expenses $125,726

Other Expenses $42,504

TOTAL EXPENSES $209,562

Year-over-Year Comparison

	2024	2023	Change
Revenue	$218,487	$176,663	+0.2%
Expenses	$209,562	$170,686	+0.2%
Net Income	$8,925	$5,977	+0.5%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JOE SIVE	CHAIRMAN	5.00	Officer Director	$0	$0	$0
WILLIAM KILLU	PRESIDENT	5.00	Officer Director	$0	$0	$0
RHONDA THORNTON	SECRETARY/TREASURER	5.00	Officer Director	$0	$0	$0
STANLEY KIMANI	DIRECTOR	4.00	Officer Director	$0	$0	$0
CCH POUNDER	DIRECTOR	4.00	Officer Director	$0	$0	$0
ALICE KARANGA	DIRECTOR	4.00	Officer 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	$218,487	$209,562	$36,614	$8,925
2022	$216,966	$171,661	$43,733	$45,305
2021	$113,851	$175,952	$28,475	$-62,101
2020	$158,177	$113,194	$43,256	$44,983

AFRICAN MILLENNIUM FOUNDATION INC