Kunta Kinte-Alex Haley Foundation Inc
Nonprofit profile at a glance
- EIN
- 521890901
- IRS 990-EZ coverage
- 2010–2024
- Forms available
- Form 990 2017, Form 990-EZ 2024
- Location
- Annapolis, MD, USA
- Phone
- 4102959395
- Rating
- 64
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Historical Societies, Related Historical Activities
Reported finances
- Revenue
- $43,007
- Expenses
- $23,642
- Assets
- $33,058
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
11 people listed
Executive titles in this filing
- Patsy B Blackshear PhD (President)
People named in this filing
- Valerie Hall Yancey (Officer)
- Faye B Currie (Officer)
- Patsy B Blackshear PhD (President)
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
To foster the exploration, rediscovery and preseravation of African American roots.
What it reported doing in 2024
The Foundation developed interpretive products that support the Kunta Kinte- Alex Haley Memorial. They link it with other historic resources within the heritage using slavery as unifying theme. This project began in 2002.
Operating model
- Revenue model
- Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
- 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 - The filed numbers largely add up and program spending has grown recently. A relatively small share of available resources goes toward mission work and assets have declined or grown slowly.
Rating breakdown
- Financial Efficiency: 47
- Transparency & Controls: 82
- Sustainability: 65
- Growth: 80
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 35.6%; rating input score 36
- Program expense ratio: 64.7%; rating input score 65
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 45%; rating input score 89; 89th percentile among comparable filings
- Total-asset coverage ratio: 1.4; rating input score 56; 56th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: 2.2% per year; rating input score 100; 55th percentile among comparable filings
- Revenue growth: 0.5% per year; rating input score 100; 54th percentile among comparable filings
- Asset growth: -8.3% per year; rating input score 0; 19th percentile among comparable filings
Details
- Where the money goes: 35.6% of revenue deployed · 64.7% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $15K in reported program spending
- Leadership: top reported pay $0 · 11 people listed
- Consistency: 6 of 6 current checks pass
- Schedules: 2 filed schedules
- Filing history: 12 filing years from 2010 to 2024
- 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.
- Moderate — Financial Efficiency: Mission deployment rate scored 36/100.
- High — Growth: Asset growth scored 0/100.
- Review — Sustainability: Total-asset coverage ratio scored 56/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.