Lee County Black History Society Inc

Nonprofit profile at a glance

EIN
650449973
IRS 990-EZ coverage
2024–2024
Forms available
Form 990 2023, Form 990-EZ 2024, Form 990-N 2022
Location
Fort Myers, FL, USA
Phone
2393328778
Rating
83
Verdict
STRONG
Rating confidence
Moderate
Sector
History Museums

Reported finances

Revenue
$126,485
Expenses
$183,401
Assets
$128,334

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

Leadership & pay

12 people listed

People named in this filing

  • TERESA WATKINS-BROWN (DIRECTOR)
  • AUTUMN WATKINS HOLLOWAY (EXECUTIVE DI)
  • SHIRLEY BURNS (ASSISTANT TR)

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 preserve and commemorate the cultural and educational contributiond by both locally and nationally known black people.

What it reported doing in 2024

Grants received provides resources for improvement of the williams academy black history museum historical displays, help fund traveling exhibits, special event sponsorships and activities hosted at roberto clemente park. This grant helps lee county black history society (lcbhs) provide high quality cultural and educational events, programming, and exhibits that develop and entertain participating community members. Events and programs are designed to unify the community so that people can enjoy a greater standard of, purposeful, and fulfilling life. Approximately 2200 people participated in the programs, events and activities.

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 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. Revenue has declined or grown slowly and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 85
  • Transparency & Controls: 100
  • Sustainability: 17
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 96.3%; rating input score 96
  • Program expense ratio: 66.4%; rating input score 66

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: -45%; rating input score 2; 2nd percentile among comparable filings
  • Total-asset coverage ratio: 0.7; rating input score 48; 48th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 24.2%; rating input score 14; 14th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: -70.8% per year; rating input score 0; 0th percentile among comparable filings
  • Asset growth: -36.3% per year; rating input score 0; 4th percentile among comparable filings

Details

  • Where the money goes: 96.3% of revenue deployed · 66.4% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $122K in reported program spending
  • Leadership: top reported pay $0 · 12 people listed
  • Consistency: 6 of 6 current checks pass
  • Schedules: 3 filed schedules
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • 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 — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Operating margin scored 2/100.
  • High — Growth: Asset growth scored 0/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 48/100.
  • High — Sustainability: Officer compensation ratio scored 14/100.