Ancestral Knowledge Inc
Ancestral Knowledge Inc. consistently operates without executive compensation, showing strong financial health despite recent minor deficits.
EIN: 200118546 · Mount Rainier, MD · NTEE: O30 · Updated: 2026-03-28
Is Ancestral Knowledge Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Ancestral Knowledge Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Ancestral Knowledge Inc
Ancestral Knowledge Inc (EIN: 200118546) is a nonprofit organization based in Mount Rainier, MD, classified under NTEE code O30. The organization reported total revenue of $200K and total assets of $66K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Ancestral Knowledge Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Ancestral Knowledge Inc is a small nonprofit that has been operating for 22 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 9.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $232K |
| Total Expenses | $254K |
| Surplus / Deficit | $-21,846 |
| Total Assets | $81K |
| Net Assets | $81K |
| Operating Margin | -9.4% |
| Months of Reserves | 3.8 months |
Financial Health Grade: B
In 2023, Ancestral Knowledge Inc reported a deficit of $22K with expenses exceeding revenue, holds 3.8 months of operating reserves (adequate).
Financial Trends
Over 13 years of filings (2011–2023), Ancestral Knowledge Inc's revenue has grown at a compound annual growth rate (CAGR) of 9.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -6.9% | -8.3% | -6.4% |
| 2022 | +11.0% | +53.2% | -27.6% |
| 2021 | +8.7% | +25.5% | +46.0% |
| 2020 | +4.3% | -28.5% | +51.4% |
| 2019 | +23.1% | +25.8% | -17.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2004 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Ancestral Knowledge Inc with a Mission Score of 92 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Ancestral Knowledge Inc allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $22K, with expenses exceeding revenue.
Executive Compensation Analysis
Ancestral Knowledge Inc. consistently reports 0% officer compensation across all available filings, indicating that no funds are allocated to executive salaries, which is highly commendable for a nonprofit of its size.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Ancestral Knowledge Inc's IRS 990 filings:
- Expenses slightly exceeded revenue in the last two fiscal periods (2022 and 2023), indicating a need to monitor financial sustainability.
Strengths
The following positive indicators were identified for Ancestral Knowledge Inc:
- Consistent 0% officer compensation across all filings, demonstrating high efficiency and dedication to mission.
- Maintains a healthy asset base relative to its revenue, with assets of $81,384 in 2023.
- Consistently reports zero or minimal liabilities, indicating strong financial management and low debt.
- Long operational history with 13 IRS 990 filings, suggesting stability and established presence.
Frequently Asked Questions about Ancestral Knowledge Inc
Is Ancestral Knowledge Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Ancestral Knowledge Inc (EIN: 200118546) some concerns. Mission Score: 92/100. 1 red flag identified, 4 strengths noted.
How does Ancestral Knowledge Inc spend its money?
Ancestral Knowledge Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Ancestral Knowledge Inc tax-deductible?
Ancestral Knowledge Inc is registered as a tax-exempt nonprofit (EIN: 200118546). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Ancestral Knowledge Inc. a good charity?
Based on the provided financial data, Ancestral Knowledge Inc. appears to be a good charity. It consistently reports 0% officer compensation, maintains a healthy asset base (e.g., $81,384 in 2023), and generally manages its expenses well, indicating a strong commitment to its mission.
How has the organization's financial health changed over time?
The organization has shown consistent revenue generation over the years, generally ranging from $147,431 to $249,040. While it experienced surpluses in 2020 and 2021, the last two years (2022 and 2023) show expenses slightly exceeding revenue, with a deficit of $21,846 in 2023 and $27,656 in 2022. Despite this, assets remain strong, and liabilities are consistently low or zero.
What is the organization's approach to executive compensation?
Ancestral Knowledge Inc. has a highly commendable approach to executive compensation, reporting 0% officer compensation in all available filings. This indicates that no funds are used for executive salaries, maximizing resources for program delivery.
Filing History
IRS 990 filing history for Ancestral Knowledge Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Ancestral Knowledge Inc's revenue has grown by 189.4%, moving from $80K to $232K. Total assets increased by 23% over the same period, from $66K to $81K. Total functional expenses rose by 213.7%, from $81K to $254K. In its most recent filing year (2023), Ancestral Knowledge Inc reported a deficit of $22K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $232K | $254K | $81K | $0 | — | View 990 |
| 2022 | $249K | $277K | $87K | $0 | — | View 990 |
| 2021 | $224K | $181K | $120K | $-2,476 | — | — |
| 2020 | $206K | $144K | $82K | $1K | — | — |
| 2019 | $198K | $202K | $54K | $0 | — | View 990 |
| 2018 | $161K | $160K | $66K | $8K | — | View 990 |
| 2017 | $181K | $192K | $58K | $0 | — | View 990 |
| 2016 | $175K | $180K | $69K | $0 | — | View 990 |
| 2015 | $210K | $178K | $93K | $2K | — | View 990 |
| 2014 | $147K | $153K | $67K | $0 | — | View 990 |
| 2013 | $133K | $142K | $73K | $0 | — | View 990 |
| 2012 | $118K | $101K | $82K | $0 | — | View 990 |
| 2011 | $80K | $81K | $66K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $232K, expenses of $254K, and assets of $81K (revenue -6.9% year-over-year).
- 2022: Revenue of $249K, expenses of $277K, and assets of $87K (revenue +11.0% year-over-year).
- 2021: Revenue of $224K, expenses of $181K, and assets of $120K (revenue +8.7% year-over-year).
- 2020: Revenue of $206K, expenses of $144K, and assets of $82K (revenue +4.3% year-over-year).
- 2019: Revenue of $198K, expenses of $202K, and assets of $54K (revenue +23.1% year-over-year).
- 2018: Revenue of $161K, expenses of $160K, and assets of $66K (revenue -11.1% year-over-year).
- 2017: Revenue of $181K, expenses of $192K, and assets of $58K (revenue +3.1% year-over-year).
- 2016: Revenue of $175K, expenses of $180K, and assets of $69K (revenue -16.4% year-over-year).
- 2015: Revenue of $210K, expenses of $178K, and assets of $93K (revenue +42.1% year-over-year).
- 2014: Revenue of $147K, expenses of $153K, and assets of $67K (revenue +11.0% year-over-year).
- 2013: Revenue of $133K, expenses of $142K, and assets of $73K (revenue +13.0% year-over-year).
- 2012: Revenue of $118K, expenses of $101K, and assets of $82K (revenue +46.6% year-over-year).
- 2011: Revenue of $80K, expenses of $81K, and assets of $66K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Ancestral Knowledge Inc:
Data Sources and Methodology
This transparency report for Ancestral Knowledge 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.