Community Improvement
(S20)
IRS Verified
DX Registered
990 on File
AFRICATOWN HERITAGE PRESERVATION FOUNDATION
Financial strength (30%)
57/100
Reliability (20%)
45/100
Effectiveness (25%)
53/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Mission Statement
The mission of the Africatown Heritage Preservation Foundation is to preserve and document the stories of historical Africatown and create cultural and economic transformation through education and partnerships that benefit the environment and mankind.
Financial Overview — FY 2023
$109K
Total Revenue
$198K
Total Expenses
$163K
Net Assets
N/A
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
61.4%
Fundraising Efficiency
N/A
Operating Reserve
9.87x
Liability-to-Asset
N/A
Revenue Diversification
100.0%
Compared with Peers
FY 2023
Compared with 5,777 similar organizations
(United States, Community Improvement, $100K–$1M in expenses), FY 2023.
This organization
Middle half of peers (P25–P75)
Peer median
| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
61.4% | 84.1% |
P10P90
|
Bottom quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
9.9 mo | 11.1 mo |
P10P90
|
Below median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
100.0% | 93.2% |
P10P90
|
Bottom quarter |
|
Revenue growth
Year over year revenue growth
|
-53.3% | 7.5% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
81.9% | 13.2% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
-82.6% | 2.7% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2023 | $109K | $198K | $163K | 61.4% | — |
| 2022 | $233K | $109K | $257K | 42.3% | 1 |
| 2021 | $256K | $19K | N/A | — | 1 |
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