Movimiento Ananse Inc

Nonprofit profile at a glance

EIN
661017656
IRS 990 coverage
2022–2024
Forms available
Form 990 2024
Location
Carolina, PR, USA
Phone
7874633771
Rating
70
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Intergroup, Race Relations

Reported finances

Revenue
$487,980
Expenses
$232,099
Assets
$366,156
Liabilities
$692

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

Leadership & pay

3 people listed

Executive titles in this filing

  • MONIQUE CASABLANCA CORDERO (PRESIDENT)

People named in this filing

  • MONIQUE CASABLANCA CORDERO (PRESIDENT)
  • LOIRA LIMBAL (TRESURER)
  • ROVY L QUINONES RODRIGUEZ (SECRETARY)

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

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

Overview

Mission

The organization aims to amplify the voices and culture of Afro-descendant communities through cultural programs and multimedia platforms

What it reported doing in 2024

Archivo Negro program is a digital photographic archive that highlights the history and culture of black and Afro-descendant people and communities in and from Puerto Rico. With this digital archive we seek to share and re-imagine the visual memories that come from our families artists documentary filmmakers Afro-descendants and those who have dedicated themselves to documenting our culture in all its dimensions.

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
Distribution model
Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.

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 some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 42
  • Transparency & Controls: 89
  • Accountability: 88
  • Sustainability: 73
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 33.2%; rating input score 33
  • Program expense ratio: 69.8%; rating input score 70
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 92.3%; rating input score 92; 22nd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 100%; rating input score 100; 80th percentile among comparable filings
  • 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: 5 of 7 controls in place; rating input score 71
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 52.4%; rating input score 92; 92nd percentile among comparable filings
  • Total-asset coverage ratio: 1.58; rating input score 53; 53rd percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 54; 54th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 69; 69th percentile among comparable filings

Growth

  • Program expense growth: 52.2% per year; rating input score 100; 96th percentile among comparable filings
  • Revenue growth: 80.5% per year; rating input score 100; 99th percentile among comparable filings
  • Asset growth: 115.1% per year; rating input score 100; 99th percentile among comparable filings

Details

  • Where the money goes: 33.2% of revenue deployed · 69.8% of spending went to programs
  • Governance: 3 of 3 board members independent · 5 of 7 filing controls reported
  • Programs: 3 filed program accomplishments · $162K in reported program spending
  • Leadership: top reported pay $0 · 3 people listed
  • Consistency: 42 of 44 current checks pass · 2 findings to review
  • Schedules: 5 filed schedules · includes major donors and grants
  • Filing history: 3 filing years from 2022 to 2024
  • Contacts: How to reach this organization
  • Money network: Resolved incoming and outgoing counterparties from filed money flows.
  • Related organizations: Filed and resolved organization relationships.
  • 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 33/100.
  • Review — Accountability: Governance controls: Independent financial-statement audit not reported.
  • Review — Sustainability: Total-asset coverage ratio scored 53/100.
  • Moderate — Transparency & Controls: Functional expense sum did not reconcile in the filed values.
  • Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
  • Review — Sustainability: Liabilities to assets ratio scored 54/100.