Frederick Douglass Family Foundation Inc

Nonprofit profile at a glance

EIN
260757405
IRS 990-EZ coverage
2023–2024
Forms available
Form 990 2022, Form 990-EZ 2024, Form 990-N 2010
Location
Rochester, NY, USA
Phone
8669609299
Rating
85
Verdict
STRONG
Rating confidence
Moderate
Sector
Cultural, Ethnic Awareness

Official website

Reported finances

Revenue
$121,165
Expenses
$140,875
Assets
$55,157
Liabilities
$42,715

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

Leadership & pay

11 people listed

Executive titles in this filing

  • KENNETH B MORRIS JR (PRESIDENT)

People named in this filing

  • KENNETH B MORRIS JR (PRESIDENT)
  • MICHAEL SZYMANSKI (CHAIRMAN)
  • TODD ALLEN (BOARD MEMBER)

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

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

Overview

Mission

Frederick douglass family initiatives advocates for a more equitable world on the issues of human trafficking and racism. Modern-day slavery and racism remain two of america's most persistent problems.

What it reported doing in 2024

In 2019, frederick douglass family initiatives moved its headquarters to rochester, ny. Our goal is to help tackle the citys stark economic, health, and educational disparities caused, in large part, by racist policies and a long-prevailing current of racial discrimination. By leveraging the douglass legacy, his ideas about the power of knowledge, and the insistence that we must agitate, agitate, agitate, fdfi hopes that the city of rochester can become a model of a truly equitable community. As part of this goal, frederick douglass family initiatives wants to inspire and empower one million young people to do and be more than they ever dreamed possible. In honor of douglasss 200th birthday, we published the bicentennial edition of the narrative. Fdfi wants to print and distribute one million hardcover copies of this special edition to students across the country. In addition, fdfi has partnered with two California non-profit organizations, 3strands global foundation and love never fails, to develop protect, the largest and most comprehensive human trafficking prevention education program of its kind. The objective is to reduce the vulnerability of children to exploitation through the application of knowledge.

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
Distribution model
Direct operator. The filing allocates 100% 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

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and program spending has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 89
  • Transparency & Controls: 100
  • Sustainability: 16
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 94.3%; rating input score 94
  • Program expense ratio: 81.1%; rating input score 81

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: -16.3%; rating input score 10; 10th percentile among comparable filings
  • Total-asset coverage ratio: 0.39; rating input score 31; 31st percentile among comparable filings
  • Liabilities to assets ratio: 0.77; rating input score 7; 7th percentile among comparable filings
  • Officer compensation ratio: 25.6%; rating input score 13; 13th percentile among comparable filings

Growth

  • Program expense growth: -10.5% per year; rating input score 0; 14th percentile among comparable filings
  • Revenue growth: -8.2% per year; rating input score 0; 6th percentile among comparable filings
  • Asset growth: -15.8% per year; rating input score 0; 8th percentile among comparable filings

Details

  • Where the money goes: 94.3% of revenue deployed · 81.1% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 2 filed program accomplishments · $114K in reported program spending
  • Leadership: top reported pay $0 · 11 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 2 filing years from 2023 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 — Sustainability: Operating margin scored 10/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 31/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Liabilities to assets ratio scored 7/100.
  • High — Sustainability: Officer compensation ratio scored 13/100.