Hip Hop Caucus Education Fund
Nonprofit profile at a glance
- EIN
- 271165010
- IRS 990 coverage
- 2013–2024
- Forms available
- Form 990 2024
- Location
- Washington, DC, USA
- Phone
- 3108006519
- Rating
- 75
- Verdict
- SUPPORTED
- Rating confidence
- Standard
- Sector
- Youth Community Service Clubs
Reported finances
- Revenue
- $1,133,770
- Expenses
- $5,259,919
- Assets
- $3,635,932
- Liabilities
- $1,482,877
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
9 people listed
Executive titles in this filing
- REV LENNOX YEARWOOD JR (PRESIDENT & CEO)
Highest reported compensation
- REV LENNOX YEARWOOD JR (PRESIDENT & CEO): $275,000 total reported compensation
- ELIZABETH HAVSTAD (MANAGING DIRECTOR & COO): $224,298 total reported compensation
- CYNTHIA SWANN (CHIEF OF STAFF): $192,000 total reported compensation
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 use the power of our cultural expression to empower communities who are first and worst impacted by injustice.
What it reported doing in 2024
"think 100%" is our program to advance a just transition to a clean energy economy, and a sustainable future for our planet and our communities. We mobilize communities and the media around health disparities due to disproportionate pollution and the dangerous impacts of climate change on bipoc communities and poor communities. We organize grassroots and "grasstops" leaders to advance climate solutions envisioned by the communities on the frontlines of the climate crisis.
Operating model
- Revenue model
- Donor-supported. 99% 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
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. A relatively small share of total spending goes to programs and fundraising costs are high for each dollar raised.
Rating breakdown
- Financial Efficiency: 75
- Transparency & Controls: 85
- Accountability: 67
- Sustainability: 13
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 58.1%; rating input score 58
- Fundraising efficiency: $1.02 raised per $1 spent on fundraising; rating input score 3; 3rd percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: 3 of 6 controls in place; rating input score 50
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Pass
- Written employment contract: Missing
- Compensation survey or study: Pass
- Board or committee approval: Pass
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Yes; rating input score 100
Accountability
- Independent voting board: 66.7%; rating input score 67; 14th percentile among comparable filings
- Governance controls: 6 of 9 controls in place; rating input score 67
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Fail
- CEO compensation review process: Pass
- Other executive compensation review process: Pass
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: -363.9%; rating input score 0; 0th percentile among comparable filings
- Total-asset coverage ratio: 0.69; rating input score 32; 32nd percentile among comparable filings
- Liabilities to assets ratio: 0.41; rating input score 19; 19th percentile among comparable filings
- Officer compensation ratio: 24.7%; rating input score 10; 10th percentile among comparable filings
Growth
- Program expense growth: 17.9% per year; rating input score 100; 80th percentile among comparable filings
- Revenue growth: 20.5% per year; rating input score 100; 86th percentile among comparable filings
- Asset growth: 31.7% per year; rating input score 100; 92nd percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 58.1% of spending went to programs
- Governance: 2 of 3 board members independent · 6 of 9 filing controls reported
- Programs: 5 filed program accomplishments · $3.1M in reported program spending
- Leadership: top reported pay $275K · 9 people listed · 3 of 6 pay-setting controls reported
- Highest-paid contractors: 3 contractors listed · $520K reported
- Consistency: 30 of 30 current checks pass
- Schedules: 6 filed schedules · includes major donors, executive pay, and related organizations
- Filing history: 11 filing years from 2013 to 2024
- Contacts: How to reach this organization
- Money network: 7 filed money-flow records
- Related organizations: 1 filed related-organization link
- 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.
- Review — Financial Efficiency: Program expense ratio scored 58/100.
- High — Financial Efficiency: Fundraising efficiency scored 3/100.
- High — Sustainability: Operating margin scored 0/100.
- Review — Accountability: Governance controls: 2 of 8 not reported.
- Moderate — Sustainability: Total-asset coverage ratio scored 32/100.
- High — Sustainability: Officer compensation ratio scored 10/100.
- High — Sustainability: Liabilities to assets ratio scored 19/100.