Alpha Genesis Community Development Corporation

Nonprofit profile at a glance

EIN
463048436
IRS 990 coverage
2021–2024
Forms available
Form 990 2024, Form 990-EZ 2020, Form 990-N 2019
Location
Cambridge, MD, USA
Phone
4109893909
Rating
48
Verdict
MIXED
Rating confidence
Moderate
Sector
Human Service Organizations

Official website

Reported finances

Revenue
$450,049
Expenses
$106,436
Assets
$1,820,399
Liabilities
$311,055

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

3 people listed

Executive titles in this filing

  • Adrian Holmes (President)
  • April Byrd (Vice President)

People named in this filing

  • Adrian Holmes (President)
  • April Byrd (Vice President)
  • Ladda Walker (Secretary)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Our mission is to strengthen strategic partnerships through arts and culture to build a vibrant, thriving community. We strengthen and enrich our neighborhoods by providing spaces that utilize our community's unique history and proximity to the Harriet Tubman UGRR Byway to inspire conversation, embrace and celebrate diversity, and foster economic development. We provide programs that help connect our community through the shared experience of art and culture, working from within the community to build unity where there has been a long history of division.

What it reported doing in 2024

NSV Phase 2 The purpose of this project is to renovate, beautify, and maximize the viewing area surrounding the nationally acclaimed Harriet Tubman "Take My Hand" mural created by artist Michael Rosato. This mural has brought thousands of visitors to our historic downtown however, the mural is located in a back parking lot with garbage cans, broken asphalt, and limited accessibility. Phase 2 of the North Star Village project creates a partnership with the City of Cambridge and the state of Maryland to create a multipurpose outdoor pavilion encompassing the mural, a 10,000 sq. ft. parking area. The pavilion is called the Harriet Tubman Pavilion, which sits adjacent to Cannery Way, an open space owned by the City of Cambridge. This area will host outdoor concerts, a public art gallery as well as outdoor festivals. During the pandemic, the outdoor appeal of this venue has made it extremely attractive for visitors seeking safe outdoor spaces. Once renovated, this area, which also shares the rear lot with the Harriet Tubman Museum and Education Center (stop #3 on the Underground Railroad Byway), will consist of several components. First, a solar panel called the Harriet Tubman Pavilion, that will provide shade and covering for the mural viewing area; the North Star Station a small building which will provide public accommodation for the hundreds of tourists who travel great distances to view the mural; and a community garden which pays tribute to Harriet Tubman and her travels on the Underground Railroad. Harriet Tubman's extensive knowledge of natural plants and herbs exemplified her resourcefulness and adaptability, qualities that were essential for survival during her perilous missions on the Underground Railroad. Honoring Harriet Tubman through this grassroots initiative provides a place of remembrance and reflection that speaks to the resilience of our community. This gives the Cambridge community the ability to implement a narrative of growth, healing, and progression, not only for residents but for the nation at large. The Harriet Tubman Pavilion and surrounding improvements exemplify a commitment to equitable spaces where Tubman's legacy and the community's identity can thrive in a setting worthy of their importance. This pavilion will continue building connections for the local community and for the thousands of visitors who come to Maryland to experience the most powerful Underground Railroad storytelling destination in the world.

Operating model

Revenue model
Grant-funded. 85% of the money available for current operations came from government grants.
Distribution model
No current program activity. The filing reports no program spending for the current year.

The verdict

MIXED - The filed numbers largely add up and most voting board members are independent. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.

Rating breakdown

  • Financial Efficiency: 0
  • Transparency & Controls: 83
  • Accountability: 82
  • Sustainability: 84
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 0%; rating input score 0
  • Program expense ratio: 0%; rating input score 0
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 92.3%; rating input score 92; 22nd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 4 of 7 controls in place; rating input score 57
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Fail
    • Document-retention policy: Pass
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 76.4%; rating input score 97; 97th percentile among comparable filings
  • Total-asset coverage ratio: 17.1; rating input score 94; 94th percentile among comparable filings
  • Liabilities to assets ratio: 0.17; rating input score 21; 21st percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 69; 69th percentile among comparable filings

Growth

  • Program expense growth: -107.4% per year; rating input score 0; 0th percentile among comparable filings
  • Revenue growth: 7.3% per year; rating input score 100; 63rd percentile among comparable filings
  • Asset growth: 40.7% per year; rating input score 100; 95th percentile among comparable filings

Details

  • Where the money goes: 0% of revenue deployed · 0% of spending went to programs
  • Governance: 3 of 3 board members independent · 4 of 7 filing controls reported
  • Programs: 3 filed program accomplishments
  • Leadership: top reported pay $0 · 3 people listed
  • Consistency: 38 of 39 current checks pass · 1 finding to review
  • Schedules: 5 filed schedules
  • Filing history: 4 filing years from 2021 to 2024
  • Contacts: How to reach this organization
  • Money network: 3 filed money-flow records
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Financial Efficiency: Mission deployment rate scored 0/100.
  • High — Financial Efficiency: Program expense ratio scored 0/100.
  • Review — Accountability: Governance controls: 2 of 6 not reported.
  • High — Growth: Program expense growth scored 0/100.
  • Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
  • High — Sustainability: Liabilities to assets ratio scored 21/100.