Sankofa Underground North Academy
EIN: 473563511 · Minneapolis, MN
| Metric | Value |
|---|---|
| Total Expenses | $321K |
| Net Assets | $11K |
Is Sankofa Underground North Academy Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Sankofa Underground North Academy
Sankofa Underground North Academy (EIN: 473563511) is a nonprofit organization based in Minneapolis, MN. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Sankofa Underground North Academy's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Sankofa Underground North Academy is a small nonprofit, with 2 years of IRS 990 filings on record (2015–2016).
Key Financial Metrics (2016)
From the most recent IRS 990 filing on record:
| Total Revenue | $332K |
| Total Expenses | $321K |
| Surplus / Deficit | +$11K |
| Total Assets | $72K |
| Total Liabilities | $61K |
| Net Assets | $11K |
| Operating Margin | 3.2% |
| Debt-to-Asset Ratio | 85.1% |
| Months of Reserves | 2.7 months |
Financial Health Grade: B
In 2016, Sankofa Underground North Academy reported a surplus of $11K with revenue exceeding expenses, holds 2.7 months of operating reserves (limited), has a debt-to-asset ratio of 85.1% (high leverage).
AI Analysis Pending
AI enrichment for Sankofa Underground North Academy 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 Sankofa Underground North Academy 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 (2016)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $11K, with revenue exceeding expenses.
- Debt-to-asset ratio: 85.1%.
Frequently Asked Questions about Sankofa Underground North Academy
Is Sankofa Underground North Academy a legitimate charity?
Sankofa Underground North Academy (EIN: 473563511) is a registered tax-exempt nonprofit based in Minnesota. It has 2 years of IRS 990 filings on record. No red flags identified. Financial health grade: B.
How does Sankofa Underground North Academy spend its money?
Sankofa Underground North Academy reported its financials in IRS 990 filings. 2 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Sankofa Underground North Academy tax-deductible?
Sankofa Underground North Academy is registered as a tax-exempt nonprofit (EIN: 473563511). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Sankofa Underground North Academy located?
Sankofa Underground North Academy is headquartered in Minneapolis, Minnesota and files with the IRS under EIN 473563511.
How many years of IRS 990 filings does Sankofa Underground North Academy have?
Sankofa Underground North Academy has 2 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data.
Filing History
IRS 990 filing history for Sankofa Underground North Academy showing financial trends over 2 years of public records:
Total assets increased by 7189000% over the same period, from $1 to $72K. In its most recent filing year (2016), Sankofa Underground North Academy reported a surplus of $11K, with revenue exceeding expenses. The organization holds $61K in liabilities against $72K in assets (debt-to-asset ratio: 85.1%), resulting in net assets of $11K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2016 | $332K | $321K | $72K | $61K | — | — |
| 2015 | $0 | $0 | $1 | $0 | — | View 990 |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Sankofa Underground North Academy:
Data Sources and Methodology
This transparency report for Sankofa Underground North Academy 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.