African American Forum Inc
EIN: 611299989 · Lexington, KY · NTEE: A230
| Metric | Value |
|---|---|
| Total Revenue | $101K |
| Total Expenses | $120K |
| Net Assets | $-121,866 |
Is African American Forum Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About African American Forum Inc
African American Forum Inc (EIN: 611299989) is a nonprofit organization based in Lexington, KY, classified under NTEE code A230. The organization reported total revenue of $101K and total assets of $16K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of African American Forum Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
African American Forum Inc is a small nonprofit that has been operating for 29 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 5.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $99K |
| Total Expenses | $120K |
| Surplus / Deficit | $-20,445 |
| Total Assets | $9K |
| Total Liabilities | $131K |
| Net Assets | $-121,866 |
| Operating Margin | -20.6% |
| Debt-to-Asset Ratio | 1394.8% |
| Months of Reserves | 0.9 months |
Financial Health Grade: D
In 2023, African American Forum Inc reported a deficit of $20K with expenses exceeding revenue, holds 0.9 months of operating reserves (limited), has a debt-to-asset ratio of 1394.8% (high leverage).
Financial Trends
Over 12 years of filings (2012–2023), African American Forum Inc's revenue has grown at a compound annual growth rate (CAGR) of 5.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +50.9% | +47.0% | -5.7% |
| 2022 | +147.5% | +303.9% | -12.1% |
| 2021 | -63.5% | -81.9% | +207.7% |
| 2020 | -25.6% | +13.5% | -88.9% |
| 2019 | -16.1% | -7.7% | +49.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1997 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for African American Forum Inc has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates African American Forum Inc with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $20K, with expenses exceeding revenue.
- Debt-to-asset ratio: 1394.8%.
Frequently Asked Questions about African American Forum Inc
Is African American Forum Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, African American Forum Inc (EIN: 611299989) insufficient data. 0 red flags identified, 0 strengths noted.
How does African American Forum Inc spend its money?
Detailed spending breakdown data is not yet available for African American Forum Inc. Check back for updated IRS 990 analysis.
Are donations to African American Forum Inc tax-deductible?
African American Forum Inc is registered as a tax-exempt nonprofit (EIN: 611299989). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is African American Forum Inc located?
African American Forum Inc is headquartered in Lexington, Kentucky and files with the IRS under EIN 611299989. It is classified under NTEE code A230.
How many years of IRS 990 filings does African American Forum Inc have?
African American Forum Inc has 12 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $101K in total revenue.
Filing History
IRS 990 filing history for African American Forum Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), African American Forum Inc's revenue has grown by 85.1%, moving from $54K to $99K. Total assets decreased by 40.6% over the same period, from $16K to $9K. Total functional expenses rose by 150.2%, from $48K to $120K. In its most recent filing year (2023), African American Forum Inc reported a deficit of $20K, with expenses exceeding revenue. The organization holds $131K in liabilities against $9K in assets (debt-to-asset ratio: 1394.8%), resulting in net assets of $-121,866.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $99K | $120K | $9K | $131K | — | View 990 |
| 2022 | $66K | $81K | $10K | $112K | — | View 990 |
| 2021 | $27K | $20K | $11K | $97K | — | — |
| 2020 | $73K | $111K | $4K | $96K | — | — |
| 2019 | $98K | $98K | $33K | $87K | — | View 990 |
| 2018 | $117K | $106K | $22K | $76K | — | View 990 |
| 2017 | $98K | $110K | $23K | $88K | — | View 990 |
| 2016 | $83K | $105K | $19K | $72K | — | View 990 |
| 2015 | $103K | $85K | $17K | $48K | — | View 990 |
| 2014 | $100K | $79K | $15K | $63K | — | View 990 |
| 2013 | $95K | $96K | $16K | $84K | — | View 990 |
| 2012 | $54K | $48K | $16K | $84K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $99K, expenses of $120K, and assets of $9K (revenue +50.9% year-over-year).
- 2022: Revenue of $66K, expenses of $81K, and assets of $10K (revenue +147.5% year-over-year).
- 2021: Revenue of $27K, expenses of $20K, and assets of $11K (revenue -63.5% year-over-year).
- 2020: Revenue of $73K, expenses of $111K, and assets of $4K (revenue -25.6% year-over-year).
- 2019: Revenue of $98K, expenses of $98K, and assets of $33K (revenue -16.1% year-over-year).
- 2018: Revenue of $117K, expenses of $106K, and assets of $22K (revenue +19.3% year-over-year).
- 2017: Revenue of $98K, expenses of $110K, and assets of $23K (revenue +18.8% year-over-year).
- 2016: Revenue of $83K, expenses of $105K, and assets of $19K (revenue -19.6% year-over-year).
- 2015: Revenue of $103K, expenses of $85K, and assets of $17K (revenue +3.1% year-over-year).
- 2014: Revenue of $100K, expenses of $79K, and assets of $15K (revenue +4.5% year-over-year).
- 2013: Revenue of $95K, expenses of $96K, and assets of $16K (revenue +77.5% year-over-year).
- 2012: Revenue of $54K, expenses of $48K, and assets of $16K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for African American Forum Inc:
Data Sources and Methodology
This transparency report for African American Forum Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.