Mamacocha Ancestral Memory Institute Inc

Nonprofit profile at a glance

EIN
874705072
IRS 990 coverage
2022–2024
Forms available
Form 990 2024
Location
Raleigh, NC, USA
Phone
5054008811
Rating
65
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Cultural, Ethnic Awareness

Reported finances

Revenue
$4,278,911
Expenses
$591,265
Assets
$11,440,565
Liabilities
$314

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

Leadership & pay

5 people listed

Executive titles in this filing

  • Deirdre Smith (President)

Highest reported compensation

  • Deirdre Smith (President): $59,136 total reported compensation
  • Treva Ellison (Secretary): $45,299 total reported compensation

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

Overview

Mission

MAMI facilitates space to reconnect to the values and practices of holistic earth stewardship. MAMI maintains land sanctuary space, offers residencies, and creates cultural programming anchored in reciprocity, right-relationship with all living beings, and being in a co-creative relationship with the natural world.

What it reported doing in 2024

Sustained our central programmatic offering: place-based residency, providing rest, creative incubation, and healing support to participants while deepening our commitment to land stewardship, arts practice, and ancestral memory work. Hosted inaugural learning retreat centering Afro-diasporic water memory, offering participants immersive healing experiences that expand MAMIs culturally grounded programming. Strengthened MAMIs creative and cultural programming by welcoming visionary artists Designed a forthcoming fellowship initiative to be implemented in 2025 that creates a deepening opportunity for previous residents to continue to engage with land stewardship and curation, furthering MAMIs mission to center rest, land-stewardship, and Afro-Indigenous spatial practices. whose praxis aligns with our mission to uplift Afro-Indigenous futures, arts, and land-based remembrance.Expanded access to MAMIs healing and creative resources by launching a remote residency model, allowing participants who cannot travel to engage with MAMIs curriculum, mentorship while growing MAMIs relational network. Upgraded interior and exterior spaces at both campuses to support multi-modal learning, healing, and artistic practice. Designed a forthcoming fellowship initiative to be implemented in 2025 that creates a deepening opportunity for previous residents to continue to engage with land stewardship and curation, furthering MAMIs mission to center rest, land-stewardship, and Afro-Indigenous spatial practices.

Operating model

Revenue model
Donor-supported. 93% of the money available for current operations came from contributions and gifts.
Distribution model
Direct operator. The filing allocates 99% 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 most voting board members are independent. A relatively small share of available resources goes toward mission work and revenue has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 34
  • Transparency & Controls: 85
  • Accountability: 91
  • Sustainability: 87
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 16%; rating input score 16
  • Program expense ratio: 73.8%; rating input score 74
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 90.9%; rating input score 91; 5th percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • 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: 7 of 9 controls in place; rating input score 78
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • 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: Fail
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 86.2%; rating input score 98; 98th percentile among comparable filings
  • Total-asset coverage ratio: 19.35; rating input score 96; 96th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 94; 94th percentile among comparable filings
  • Officer compensation ratio: 17.7%; rating input score 15; 15th percentile among comparable filings

Growth

  • Program expense growth: 27.5% per year; rating input score 100; 91st percentile among comparable filings
  • Revenue growth: -33.2% per year; rating input score 0; 0th percentile among comparable filings
  • Asset growth: 24.5% per year; rating input score 100; 89th percentile among comparable filings

Details

  • Where the money goes: 16% of revenue deployed · 73.8% of spending went to programs
  • Governance: 3 of 3 board members independent · 7 of 9 filing controls reported
  • Programs: 1 filed program accomplishment · $436K in reported program spending
  • Leadership: top reported pay $59K · 5 people listed
  • Consistency: 25 of 25 current checks pass
  • Schedules: 3 filed schedules · includes major donors
  • Filing history: 3 filing years from 2022 to 2024
  • Contacts: How to reach this organization
  • Money network: 2 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 — Financial Efficiency: Mission deployment rate scored 16/100.
  • High — Growth: Revenue growth scored 0/100.
  • Review — Accountability: Governance controls: 2 of 9 not reported.
  • High — Sustainability: Officer compensation ratio scored 15/100.