Civic Intelligence

African American Heritage

EIN 61-1279400 • 501(c)3 • Louisville, KY

Profile

The kentucky center for african american heritage will enhance the public's knowledge about the history, heritage and cultural contributions of african american's in kentucky.

1701 W Muhammad Ali BlvdLouisville, KY 40203

www.kcaah.com

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

16th percentile

0.01x

Higher debt load relative to assets than 16% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2020

Liabilities / Revenue

66th percentile

0.43x

Higher debt load relative to revenue than 66% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2020

Net Margin

2nd percentile

-167%

Higher net margin than 2% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2020

Top Officer Pay

15th percentile

$0

Higher top officer pay than 15% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)3 • $10M-$25M nonprofits • Source year 2016

Asset Growth

21st percentile

-3.5%

Faster asset growth than 21% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2019 to 2020

Revenue Growth

5th percentile

-48%

Faster revenue growth than 5% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2019 to 2020

Assets

Down

$11,378,677

Down $407,332 (-3.5%) from 2019

Liabilities

Up

$106,292

Up $5,074 (+5.0%) from 2019

Net Assets

Down

$11,272,385

Down $412,406 (-3.5%) from 2019

Revenue

Down

$247,367

Down $231,644 (-48%) from 2019

Expenses

Down

$659,771

Down $152,880 (-19%) from 2019

Net Income

Down

-$412,404

Down $78,764 (-24%) from 2019

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$20M$15M$10M$5.0M$0Assets 2010: $15,890,771Liabilities 2010: $2,765,893Net Assets 2010: $13,124,8782010Assets 2011: $14,915,063Liabilities 2011: $2,716,835Net Assets 2011: $12,198,2282011Assets 2012: $14,498,007Liabilities 2012: $2,743,829Net Assets 2012: $11,754,1782012Assets 2013: $14,079,085Liabilities 2013: $2,827,670Net Assets 2013: $11,251,4152013Assets 2014: $13,698,071Liabilities 2014: $2,861,348Net Assets 2014: $10,836,7232014Assets 2015: $13,328,614Liabilities 2015: $2,861,693Net Assets 2015: $10,466,9212015Assets 2016: $12,952,481Liabilities 2016: $2,888,457Net Assets 2016: $10,064,0242016Assets 2017: $12,523,343Liabilities 2017: $2,836,755Net Assets 2017: $9,686,5882017Assets 2018: $12,133,106Liabilities 2018: $114,677Net Assets 2018: $12,018,4292018Assets 2019: $11,786,009Liabilities 2019: $101,218Net Assets 2019: $11,684,7912019Assets 2020: $11,378,677Liabilities 2020: $106,292Net Assets 2020: $11,272,3852020

Highlighted filing

2020

Assets$11,378,677
Liabilities$106,292
Net Assets$11,272,385

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$4.0M$3.0M$2.0M$1.0M$0-$1.0MExpenses 2010: $396,7672010Expenses 2011: $854,0042011Revenue 2012: $366,063Expenses 2012: $816,360Net Income 2012: -$450,2972012Expenses 2013: $846,3432013Revenue 2014: $305,523Expenses 2014: $720,215Net Income 2014: -$414,6922014Revenue 2015: $353,710Expenses 2015: $723,504Net Income 2015: -$369,7942015Revenue 2016: $399,088Expenses 2016: $801,985Net Income 2016: -$402,8972016Revenue 2017: $468,908Expenses 2017: $846,341Net Income 2017: -$377,4332017Revenue 2018: $3,203,767Expenses 2018: $871,928Net Income 2018: $2,331,8392018Revenue 2019: $479,011Expenses 2019: $812,651Net Income 2019: -$333,6402019Revenue 2020: $247,367Expenses 2020: $659,771Net Income 2020: -$412,4042020

Highlighted filing

2020

Revenue$247,367
Expenses$659,771
Net Income-$412,404

Filings

Latest Detailed Filing

The latest 2020 filing currently has summary financial data only. Showing the latest detailed filing from 2015 below.

Jump To
Filing Snapshot
Filing Period
Jul 1, 2014 to Jun 30, 2015
Signed
May 13, 2016
Return Version
2014v6.0
Gross Receipts
$353,710
Mission and Program Overview

Mission

The kentucky center for african american heritage will enhance the public's knowledge about the history, heritage and cultural contributions of african american's in kentucky.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$13,683,729$13,296,138▼ $387,591
Accounts Receivable-$26,180-
Prepaid Expenses and Deferred Charges$3,542$12,007▲ $8,465
Cash and Non-Interest-Bearing Accounts$10,800$-5,711▼ $16,511
Total Assets$13,698,071$13,328,614▼ $369,457
Liabilities
Mortgage Notes Payable Secured by Investment Property$2,100,058$2,099,979▼ $79
Other Liabilities$672,060$672,061▲ $1
Accounts Payable and Accrued Expenses$89,230$89,653▲ $423
Total Liabilities$2,861,348$2,861,693▲ $345
Net Assets / Fund Balance
Unrestricted Net Assets$10,836,723$10,466,921▼ $369,802
Total Net Assets Fund Balance$10,836,723$10,466,921▼ $369,802
Total Liabilities and Net Assets / Fund Balance$13,698,071$13,328,614▼ $369,457

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$13,289,675$2,097,677$15,387,352
Equipment$6,463$8,073$14,536
Compensation and Service Providers

Board Members and Trustees

NameTitle
Raymond BurseChairman
Lora a BradshawChairman Emi
Christie MccravyPast Chairma
Aukram BurtonBoard Member
Carri ShieldsBoard Member
Dave BlackwellBoard Member
Dr Kim CritchlowBoard Member
JERE' MINTERBoard Member
James WoodsBoard Member
Laura DouglasBoard Member
Melvin LewisBoard Member
Nancy JarretBoard Member
Roger McclendonBoard Member
Sue McnallyBoard Member
Tyler AllenBoard Member
Wade HoustonBoard Member
W Kennedy SimpsonCounsel
Rita PhillipsInterim Dire
Vernon WalkerTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$187,815
Program Service Revenue
$165,895
Investment Income
$0
Other Revenue
$0
All Other Contributions
$36,635
Change in Net Assets
$-369,794
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$608,500
Salaries, Compensation, and Employee Benefits$115,004
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$387,591--$387,591
Occupancy$138,864--$138,864
Other Salaries and Wages$51,201$51,201-$102,402
Office Expenses$13,337$22,731-$36,068
Insurance$34,400--$34,400
Payroll Taxes$6,301$6,301-$12,602
Fees for Services Accounting-$11,153-$11,153
Interest$421--$421
Travel-$3-$3
Total Functional Expenses$632,115$91,389$0$723,504
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Cip Retainage Payable$672,061
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

The form 990 is reviewed by the director / president at a conference with organization's accounting firm and its representative. The form 990 is presented at the next board meeting following the review.

Form 990, Page 6, Part VI, Line 12C

Members of the board are required to sign annual conflic of interest statements. They are also required to report any instances of conflict of interest that may arise during the year.

Form 990, Page 6, Part VI, Line 19

The organization makes its governing documents and financial statements available at its office upon receiving a written request for such documents.

Filing and Contact Details

Filer

Filer Name
African American Heritage
EIN
61-1279400
Phone
5025834100
Address
1701 W MUHAMMAD ALI BLVD, LOUISVILLE, KY 40203

Signing Officer

Name
Hosea Mitchell
Title
Chief Operating Officer
Phone
5025834100
Signed
2016-05-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Hosea Mitchell
Formed
2001
Legal Domicile
Ky
Voting Board Members
18
Independent Board Members
18
Employees
5

Preparer

Firm
Amick & Company
Address
410 W CHESTNUT ST STE 237, LOUISVILLE, KY 40202-2323
Preparer
Albert H Klein Ii
Phone
5025835381
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9

ROUNDING 8

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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/ProgramServiceRevenueGrp/Desc2OTHER EVENTS
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IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0114970
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt125550
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt225000
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt3375
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0114970
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt125550
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt225000
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt3375
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0131305
IRS990/PYExcessBenefitTransInd0false
IRS990/PYOtherExpensesAmt0616455
IRS990/PYOtherRevenueAmt03549
IRS990/PYProgramServiceRevenueAmt0170669
IRS990/PYRevenuesLessExpensesAmt0-414692
IRS990/PYSalariesCompEmpBnftPaidAmt0103760
IRS990/PYTotalExpensesAmt0720215
IRS990/PYTotalRevenueAmt0305523
IRS990/ReconcilationRevenueExpnssAmt0-369794
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0128,364
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART II, LINE 10
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0187815
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0131305
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0168845
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0194476
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0275386
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0957827
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0165895
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt03549
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt019120
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt046175
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt059520
IRS990ScheduleA/OtherIncome170Grp/TotalAmt0128364
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.88180
IRS990ScheduleA/PublicSupportPY170Pct00.84580
IRS990ScheduleA/PublicSupportTotal170Amt0957827
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0187815
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0131305
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0168845
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0194476
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0275386
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0957827
IRS990ScheduleA/TotalSupportAmt01086191
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/BuildingsGrp/BookValueAmt013289675
IRS990ScheduleD/BuildingsGrp/DepreciationAmt02097677
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt015387352
IRS990ScheduleD/EquipmentGrp/BookValueAmt06463
IRS990ScheduleD/EquipmentGrp/DepreciationAmt08073
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt014536
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0672061
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0CIP RETAINAGE PAYABLE
IRS990ScheduleD/TotalBookValueLandBuildingsAmt013296138
IRS990ScheduleD/TotalLiabilityAmt0672061
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE FORM 990 IS REVIEWED BY THE DIRECTOR / PRESIDENT AT A CONFERENCE WITH ORGANIZATION'S ACCOUNTING FIRM AND ITS REPRESENTATIVE. THE FORM 990 IS PRESENTED AT THE NEXT BOARD MEETING FOLLOWING THE REVIEW.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1MEMBERS OF THE BOARD ARE REQUIRED TO SIGN ANNUAL CONFLIC OF INTEREST STATEMENTS. THEY ARE ALSO REQUIRED TO REPORT ANY INSTANCES OF CONFLICT OF INTEREST THAT MAY ARISE DURING THE YEAR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE AT ITS OFFICE UPON RECEIVING A WRITTEN REQUEST FOR SUCH DOCUMENTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ROUNDING 8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART XI, LINE 9
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0KY
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt013698071
IRS990/TotalAssetsEOYAmt013328614
IRS990/TotalAssetsGrp/BOYAmt013698071
IRS990/TotalAssetsGrp/EOYAmt013328614
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0187815
IRS990/TotalEmployeeCnt05
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt091389
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0632115
IRS990/TotalFunctionalExpensesGrp/TotalAmt0723504
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt02861348
IRS990/TotalLiabilitiesEOYAmt02861693
IRS990/TotalLiabilitiesGrp/BOYAmt02861348
IRS990/TotalLiabilitiesGrp/EOYAmt02861693
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt010836723
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt010466921
IRS990/TotalProgramServiceExpensesAmt0632115
IRS990/TotalProgramServiceRevenueAmt0165895
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0165895
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0353710
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt013698071
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt013328614
IRS990/TravelGrp/ManagementAndGeneralAmt03
IRS990/TravelGrp/TotalAmt03
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt010836723
IRS990/UnrestrictedNetAssetsGrp/EOYAmt010466921
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt018
IRS990/VotingMembersIndependentCnt018
IRS990/WebsiteAddressTxt0WWW.KCAAH.COM
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02016-08-17 19:52:53Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0HOSEA MITCHELL
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CHIEF OPERATING OFFICER
ReturnHeader/BusinessOfficerGrp/PhoneNum05025834100
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-05-13
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0AFRICAN AMERICAN HERITAGE
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0FOUNDATION INC
ReturnHeader/Filer/BusinessNameControlTxt0AFRI
ReturnHeader/Filer/EIN0611279400
ReturnHeader/Filer/PhoneNum05025834100
ReturnHeader/Filer/USAddress/AddressLine1Txt01701 W MUHAMMAD ALI BLVD
ReturnHeader/Filer/USAddress/CityNm0LOUISVILLE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0KY
ReturnHeader/Filer/USAddress/ZIPCd040203

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