Civic Intelligence

Institute for Afrourbanism

EIN 86-2964657 • 501(c)3 • Detroit, MI

Pub. 78 Eligible

Profile

The institute for afrourbanism ("iau") is a think tank and action lab working at the intersection of black thriving and community development.

609 East Kirby 108Detroit, MI 48202-4185

afrourbanism.com

Siviq Scores

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

Liabilities / Assets

41st percentile

0.03x

Higher debt load relative to assets than 41% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2023

Liabilities / Revenue

38th percentile

0.03x

Higher debt load relative to revenue than 38% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2023

Net Margin

94th percentile

68%

Higher net margin than 94% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2023

Top Officer Pay

70th percentile

$107,728

Higher top officer pay than 70% of similar nonprofits.

Top officer pay equals 7.0% of source-year revenue.

501(c)3 • $1M-$5M nonprofits • Source year 2023

Asset Growth

98th percentile

248%

Faster asset growth than 98% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Revenue Growth

90th percentile

96%

Faster revenue growth than 90% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Assets

Up

$1,494,586

Up $1,064,859 (+248%) from 2022

Liabilities

Up

$44,119

Up $22,995 (+109%) from 2022

Net Assets

Up

$1,450,467

Up $1,041,864 (+255%) from 2022

Revenue

Up

$1,536,284

Up $754,103 (+96%) from 2022

Expenses

Up

$496,934

Up $177,876 (+56%) from 2022

Net Income

Up

$1,039,350

Up $576,227 (+124%) from 2022

Trend Graphs

Balance Sheet Trend

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

$1.5M$1.0M$500K$0-$500KAssets 2021: $10,000Liabilities 2021: $64,520Net Assets 2021: -$54,5202021Assets 2022: $429,727Liabilities 2022: $21,124Net Assets 2022: $408,6032022Assets 2023: $1,494,586Liabilities 2023: $44,119Net Assets 2023: $1,450,4672023

Highlighted filing

2023

Assets$1,494,586
Liabilities$44,119
Net Assets$1,450,467

Operations Trend

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

$2.0M$1.5M$1.0M$500K$0-$500KRevenue 2021: $152,636Expenses 2021: $207,156Net Income 2021: -$54,5202021Revenue 2022: $782,181Expenses 2022: $319,058Net Income 2022: $463,1232022Revenue 2023: $1,536,284Expenses 2023: $496,934Net Income 2023: $1,039,3502023

Highlighted filing

2023

Revenue$1,536,284
Expenses$496,934
Net Income$1,039,350

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Nov 15, 2024
Return Version
2023v5.1
Gross Receipts
$1,536,284
Mission and Program Overview

Mission

The institute for afrourbanism ("iau") is a think tank and action lab working at the intersection of black thriving and community development.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$126,294$762,201▲ $635,907
Land, Buildings, and Equipment, Net$283,795$516,646▲ $232,851
Accounts Receivable-$204,167-
Savings and Temporary Cash Investments$9,525$31▼ $9,494
Total Assets$429,727$1,494,586▲ $1,064,859
Other Assets Total$10,113$11,541▲ $1,428
Liabilities
Accounts Payable and Accrued Expenses$11,124$34,144▲ $23,020
Other Liabilities$10,000$9,975▼ $25
Total Liabilities$21,124$44,119▲ $22,995
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$408,603$1,450,467▲ $1,041,864
Total Net Assets Fund Balance$408,603$1,450,467▲ $1,041,864
Total Liabilities and Net Assets / Fund Balance$429,727$1,494,586▲ $1,064,859

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$259,760-$259,760
Buildings$256,886-$256,886
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Lauren a HoodExecutive DirectorFT$100,000$7,728$107,728

Board Members and Trustees

NameTitle
Dan PiteraChair
Sherina SharpeSecretary
Dr Khalid El-halimaTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,450,030
Program Service Revenue
$84,715
Investment Income
$1,539
Other Revenue
$0
All Other Contributions
$1,450,030
Change in Net Assets
$1,039,350
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$289,503
Salaries, Compensation, and Employee Benefits$116,431
Grants and Similar Amounts Paid$91,000
Total Fundraising Expense$17,145
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$80,000$10,000$10,000$100,000
Grants to Domestic Orgs$71,000--$71,000
Fees for Services Other$21,702$4,340$2,894$28,936
Other Expenses$28,896--$28,896
All Other Expenses$28,892--$28,892
Advertising$21,000--$21,000
Grants to Domestic Individuals$20,000--$20,000
Office Expenses$14,075$4,692-$18,767
Fees for Services Accounting$3,541$8,500$2,125$14,166
Payroll Taxes$6,963$870$870$8,703
Other Employee Benefits$6,182$773$773$7,728
Insurance$4,592$1,530-$6,122
Occupancy$3,619$724$483$4,826
Information Technology$2,045$682-$2,727
Travel$804$268-$1,072
Total Functional Expenses$447,410$32,379$17,145$496,934
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Detroit RecordingsDetroit, MI501 (c)(3)W.k. Kellogg Foundation Grant Pass-through$25,000
Real Estate Association of DevelopersLansing, MI-W.k. Kellogg Foundation Grant Pass-through$25,000
Detroit Area Pre-college Engineering ProgramDetroit, MI501 (c)(3)W.k. Kellogg Foundation Grant Pass-through$20,000
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
Fiduciary Funds Payable$9,975
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Business relationship with 35% controlled entity
No
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

The members of the board will receive form 990 through docusign and sign off their receipt of the return.

Form 990, Part VI, Section B, Line 15

The executive director's salary was compared amongst other non-profit leaders in the region and was voted on by the board of trustees. The other key employee's salary was determined by researching the compensation of other leaders in the region and was approved by the board of trustees.

Form 990, Part VI, Section C, Line 19

Once those policies are developed, they will be listed on the organization's website.

Filing and Contact Details

Filer

Filer Name
Institute for Afrourbanism
EIN
86-2964657
Phone
3136106004
Address
609 EAST KIRBY 108, DETROIT, MI 48202-4185

Signing Officer

Name
Lauren Hood
Title
Executive Director
Phone
3136106004
Signed
2024-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Lauren Hood
Formed
2021
Legal Domicile
Mi
Voting Board Members
3
Independent Board Members
3
Employees
1
Volunteers
15

Preparer

Firm
GJC CPA'S & ADVISORS
Address
1001 WOODWARD AVENUE SUITE 850, DETROIT, MI 48226-1904
Preparer
Michael R Nicholas
Phone
3139652655
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IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt0256886
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0256886
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0259760
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0259760
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt09975
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0FIDUCIARY FUNDS PAYABLE
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0516646
IRS990ScheduleD/TotalLiabilityAmt09975
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt020000
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0STIPENDS
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/NonCashAssistanceDesc0N/A
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt02
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/ValuationMethodUsedDesc0N/A
IRS990ScheduleI/RecipientTable/CashGrantAmt025000
IRS990ScheduleI/RecipientTable/CashGrantAmt120000
IRS990ScheduleI/RecipientTable/CashGrantAmt225000
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501 (C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc1501 (C)(3)
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt00
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt10
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt20
IRS990ScheduleI/RecipientTable/NonCashAssistanceDesc0N/A
IRS990ScheduleI/RecipientTable/NonCashAssistanceDesc1N/A
IRS990ScheduleI/RecipientTable/NonCashAssistanceDesc2N/A
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0W.K. KELLOGG FOUNDATION GRANT PASS-THROUGH
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1W.K. KELLOGG FOUNDATION GRANT PASS-THROUGH
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt2W.K. KELLOGG FOUNDATION GRANT PASS-THROUGH
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0DETROIT RECORDINGS
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1DETROIT AREA PRE-COLLEGE ENGINEERING PROGRAM
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt2REAL ESTATE ASSOCIATION OF DEVELOPERS
IRS990ScheduleI/RecipientTable/RecipientEIN0382451827
IRS990ScheduleI/RecipientTable/RecipientEIN1831459012
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0505 WESTMINSTER STREET
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt12111 WOODWARD AVENUE SUITE 506
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt28164 EXECUTIVE COURT SUITE C
IRS990ScheduleI/RecipientTable/USAddress/CityNm0DETROIT
IRS990ScheduleI/RecipientTable/USAddress/CityNm1DETROIT
IRS990ScheduleI/RecipientTable/USAddress/CityNm2LANSING
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0MI
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd1MI
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd2MI
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd048202
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd148201
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd248917
IRS990ScheduleI/RecipientTable/ValuationMethodUsedDesc0N/A
IRS990ScheduleI/RecipientTable/ValuationMethodUsedDesc1N/A
IRS990ScheduleI/RecipientTable/ValuationMethodUsedDesc2N/A
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0THE W.K. KELLOGG FOUNDATION UTILIZED IAU AS A FIDUCIARY TO PASS THROUGH GRANTS TO DETROIT RECORDINGS, DETROIT AREA PRE-COLLEGE ENGINEERING PROGRAM, AND REAL ESTATE ASSOCIATE OF DEVELOPERS, AND PROVIDED FUNDS FOR STIPENDS TO BME FELLOWS. A GRANT REPORT IS SUBMITTED TO DOCUMENT THE USE OF THESE GRANT FUNDS.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2:
IRS990ScheduleI/Total501c3OrgCnt02
IRS990ScheduleI/TotalOtherOrgCnt01
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE MEMBERS OF THE BOARD WILL RECEIVE FORM 990 THROUGH DOCUSIGN AND SIGN OFF THEIR RECEIPT OF THE RETURN.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE EXECUTIVE DIRECTOR'S SALARY WAS COMPARED AMONGST OTHER NON-PROFIT LEADERS IN THE REGION AND WAS VOTED ON BY THE BOARD OF TRUSTEES. THE OTHER KEY EMPLOYEE'S SALARY WAS DETERMINED BY RESEARCHING THE COMPENSATION OF OTHER LEADERS IN THE REGION AND WAS APPROVED BY THE BOARD OF TRUSTEES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ONCE THOSE POLICIES ARE DEVELOPED, THEY WILL BE LISTED ON THE ORGANIZATION'S WEBSITE.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0MI
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0429727
IRS990/TotalAssetsEOYAmt01494586
IRS990/TotalAssetsGrp/BOYAmt0429727
IRS990/TotalAssetsGrp/EOYAmt01494586
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt01450030
IRS990/TotalEmployeeCnt01
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt017145
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt032379
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0447410
IRS990/TotalFunctionalExpensesGrp/TotalAmt0496934
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt021124
IRS990/TotalLiabilitiesEOYAmt044119
IRS990/TotalLiabilitiesGrp/BOYAmt021124
IRS990/TotalLiabilitiesGrp/EOYAmt044119
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0408603
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01450467
IRS990/TotalOtherCompensationAmt07728
IRS990/TotalOtherProgSrvcExpenseAmt056856
IRS990/TotalOtherProgSrvcRevenueAmt056609
IRS990/TotalProgramServiceExpensesAmt0447410
IRS990/TotalProgramServiceRevenueAmt084715
IRS990/TotalReportableCompFromOrgAmt0100000
IRS990/TotalRevenueGrp/ExclusionAmt01539
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt084715
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01536284
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt015
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0429727
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01494586
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ManagementAndGeneralAmt0268
IRS990/TravelGrp/ProgramServicesAmt0804
IRS990/TravelGrp/TotalAmt01072
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/USAddress/AddressLine1Txt0609 EAST KIRBY 108
IRS990/USAddress/CityNm0DETROIT
IRS990/USAddress/StateAbbreviationCd0MI
IRS990/USAddress/ZIPCd0482024185
IRS990/VotingMembersGoverningBodyCnt03
IRS990/VotingMembersIndependentCnt03
IRS990/WebsiteAddressTxt0AFROURBANISM.COM
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02024-10-15 13:58:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0LAUREN HOOD
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum03136106004
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-11-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0INSTITUTE FOR AFROURBANISM
ReturnHeader/Filer/BusinessNameControlTxt0INST
ReturnHeader/Filer/EIN0862964657
ReturnHeader/Filer/PhoneNum03136106004
ReturnHeader/Filer/USAddress/AddressLine1Txt0609 EAST KIRBY 108
ReturnHeader/Filer/USAddress/CityNm0DETROIT
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MI
ReturnHeader/Filer/USAddress/ZIPCd0482024185
ReturnHeader/IRSResponsiblePrtyInfoCurrInd01
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0382029668

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