Sankofa Research Institute
- Assets
- $101.8k
- Revenue
- $285.5k
- Investments
- $0.0
- Employees
- 1
- Location
- Houston, TX
- Founding
- 03/2013
- Data as of
- 12/2021
- EIN
- 46-1422753
Organization Overview
Sankofa Research Institute is located in Houston, TX. The organization was established in 2013. According to its NTEE Classification (S20) the organization is classified as: Community & Neighborhood Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sankofa Research Institute is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Sankofa Research Institute generated $285.5k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 13.3% each year . All expenses for the organization totaled $231.6k during the year ending 12/2021. While expenses have increased by 14.8% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
WE ARE A COMMUNITY- CENTERED RESEARCH INSTITUTE THAT UNITES RESIDENTS OF COMMUNITIES WITH PROFESSIONAL RESEARCHERS AND COMMUNITY LEADERS IN ORDER TO MOBILIZE POSITIVE SOCIAL CHANGE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SANKOFA RESEARCH INSTITUTE UNDERTAKES RESEARCH BASED PROJECTS AND INITIATIVES TO UTILIZE COMMUNITY BASED RESEARCH TO ENGAGE A DIVERSE SET OF INDIVIDUALS IN CREATING KNOWLEDGE TO IDENTIFY DEVELOP AND ADVANCE INNOVATIVE STRATEGIES TO BUILD EFFECTIVE COMMUNITIES WE USE TRAINING MENTORING AND COLLABORATIVE DIALOGUES TO INCREASE THE CAPACITY OF COMMUNITY MEMBERS TO PARTICIPATE IN RESEARCH WITH ACADEMICS AND COMMUNITY PARTNERS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Nicole Richards Executive Director | OfficerTrustee | 40 | $79,111 |
Alexander Triantaphyllis Treasurer | Trustee | 1 | $0 |
Carla Bradley President | Officer | 1 | $0 |
Olutomi Subulade Secretary | Officer | 1 | $0 |
Deborah Grotfeldt Director | Officer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $211,250 |
| All other contributions, gifts, grants, and similar amounts not included above | $450 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $211,700 |
| Total Program Service Revenue | $73,765 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $285,465 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $700 |
| Compensation of current officers, directors, key employees. | $79,111 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $13,105 |
| Payroll taxes | $21,958 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,050 |
| Fees for services: Accounting | $1,039 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $42 |
| Office expenses | $2,065 |
| Information technology | $2,036 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $4,303 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $66,142 |
| Total functional expenses | $231,595 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $101,785 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $101,785 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $101,785 |