AMDPA Foundation Inc

Nonprofit profile at a glance

EIN
582016034
IRS 990 coverage
2022–2022
Forms available
Form 990 2022, Form 990-EZ 2020
Location
Little Rock, AR, USA
Phone
5012650156
Rating
67
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Scholarships, Student Financial Aid Services, Awards

Official website

Reported finances

Revenue
$774,829
Expenses
$793,149
Assets
$279,702
Liabilities
$0

Source: IRS Form 990. Selected filing: tax year 2022. Amounts in USD.

Leadership & pay

8 people listed

Executive titles in this filing

  • Lanita White PharmD (Past-President)
  • Rhonda Mattox MD (President)
  • Sherita Willis MD (Vice-President)
  • Marlene Battle PharmD (President Elect)

People named in this filing

  • Harold Betton MD (COO)
  • Lanita White PharmD (Past-President)
  • Linda Parker MD (Treasurer)

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 2022. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Primary exempt purpose is to provide educational benefits to the African-American population by funding scholarships for advanced degrees directly to individuals and educational institutions. Also, to provide programs to promote healthy lifestyles for Afican-American population.

What it reported doing in 2022

Held series of Covid-19 Provider update and Education virtual sessions. Conducted education programs via conference calls, sponsored several radio commercials to reach communities regarding community the Covid-19 pandemic. Assisted AR Minority Health Commission in development of outreach plan for communities throughout Arkansas. Partnered with Arkansas Department of Health on Covid-19 mass vaccination events, community education & provider vaccinatin distribution. Sponsored with UAMS office of continued medical education conferences to provide attendees with conining education credits.

Operating model

Revenue model
Donor-supported. 97% of the money available for current operations came from contributions and gifts.
Distribution model
Direct operator. The filing allocates 98% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and most voting board members are independent. The filing does not identify recipients for some grant dollars and some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 77
  • Transparency & Controls: 58
  • Accountability: 70
  • Sustainability: 39
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 77.9%; rating input score 78
  • Program expense ratio: 76.1%; rating input score 76
  • Fundraising efficiency: $45.98 raised per $1 spent on fundraising; rating input score 76; 76th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 80%; rating input score 80; 0th percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 0%; rating input score 0; 12th percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 2 of 7 controls in place; rating input score 29
    • Conflict-of-interest policy: Fail
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • 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: -2.4%; rating input score 30; 30th percentile among comparable filings
  • Total-asset coverage ratio: 0.35; rating input score 15; 15th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 93; 93rd percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 82; 82nd percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: 59.9% per year; rating input score 100; 97th percentile among comparable filings
  • Asset growth: 26.5% per year; rating input score 100; 86th percentile among comparable filings

Details

  • Where the money goes: 77.9% of revenue deployed · 76.1% of spending went to programs
  • Governance: 13 of 13 board members independent · 2 of 7 filing controls reported
  • Programs: 3 filed program accomplishments · $604K in reported program spending
  • Leadership: top reported pay $0 · 8 people listed
  • Consistency: 19 of 21 current checks pass · 2 findings to review
  • Schedules: 4 filed schedules · includes major donors and grants
  • Contacts: How to reach this organization
  • 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 — Transparency & Controls: Grant itemization coverage scored 0/100.
  • High — Accountability: Governance controls: 4 of 6 not reported.
  • Moderate — Sustainability: Operating margin scored 30/100.
  • High — Sustainability: Total-asset coverage ratio scored 15/100.
  • Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
  • Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.