← SANKOFA COMMUNITY DEVELOPMENT CORPORATION

Form 990 for tax year 2022

Filed by SANKOFA COMMUNITY DEVELOPMENT CORPORATION.

Totals

Total revenue: $2,224,859
Total expenses: $2,095,169
Contributions and grants received: $2,127,504
Grants paid: $0
Program service revenue: $1,751
Investment income: $0
Other revenue: $95,604
Total assets, end of year: $1,812,718
Total liabilities, end of year: $449,644
Net assets or fund balances, end of year: $1,363,074
Program services expenses (Part IX): $1,821,344
Management and general expenses: $239,548
Fundraising expenses: $34,277
Program service expenses (Part III): $1,821,344

Program services were 86.9% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

1a · Federated campaigns

$0
1b · Membership dues

$0
1c · Fundraising events

$0
1d · Related organizations

$0
1e · Government grants (contributions)

$586,505
1f · All other contributions, gifts and grants

$1,540,999
1g · Noncash contributions included above

$0
2f · All other program service revenue

total $1,751 · related or exempt $1,751 · unrelated business $0 · excluded $0
6c · Rental income or loss

real property $0 · personal property $0
7c · Gain or loss

securities $0 · other assets $0
8a · Fundraising events: contributions included on line 1c

$0
11d · All other revenue

total $95,604 · related or exempt $95,604 · unrelated business $0 · excluded $0
11e · Other revenue, total

$95,604

Functional expenses

Part IX, the statement of functional expenses.

5 · Compensation of officers, directors and key employees

total $130,190 · program services $104,152 · management and general $19,528 · fundraising $6,510
7 · Other salaries and wages

total $394,059 · program services $315,247 · management and general $59,109 · fundraising $19,703
9 · Other employee benefits

total $22,483 · program services $17,987 · management and general $3,372 · fundraising $1,124
10 · Payroll taxes

total $35,733 · program services $28,586 · management and general $5,360 · fundraising $1,787
11a · Fees: management

total $60,890 · program services $60,890
11b · Fees: legal

total $39,075 · program services $0 · management and general $39,075 · fundraising $0
11c · Fees: accounting

total $47,258 · program services $0 · management and general $47,258 · fundraising $0
11g · Fees: other

total $64,637 · program services $35,956 · management and general $28,681
12 · Advertising and promotion

total $3,613 · program services $3,613
13 · Office expenses

total $19,785 · program services $15,828 · management and general $2,968 · fundraising $989
14 · Information technology

total $6,911 · program services $6,911 · management and general $0 · fundraising $0
16 · Occupancy

total $9,883 · program services $7,907 · management and general $1,482 · fundraising $494
17 · Travel

total $5,682 · program services $5,682 · management and general $0 · fundraising $0
19 · Conferences, conventions and meetings

total $2,483 · program services $0 · management and general $2,483 · fundraising $0
20 · Interest

total $153 · management and general $153 · fundraising $0
21 · Payments to affiliates

total $1,588 · program services $0 · management and general $0 · fundraising $1,588
22 · Depreciation, depletion and amortization

total $16,909 · program services $13,528 · management and general $2,536 · fundraising $845
23 · Insurance

total $40,249 · program services $22,411 · management and general $17,452 · fundraising $386
24a · Other expenses: Program Supplies

total $53,230 · program services $53,230 · management and general $0 · fundraising $0
24b · Other expenses: Contract Services

total $983,448 · program services $983,448 · management and general $0 · fundraising $0
24c · Other expenses: License and Permits

total $110,272 · program services $110,272 · management and general $0 · fundraising $0
24d · Other expenses: Relief Assistance

total $10,500 · program services $10,500 · management and general $0 · fundraising $0
24e · All other expenses

total $36,138 · program services $25,196 · management and general $10,091 · fundraising $851

Balance sheet

Part X, book values.

1 · Cash, non-interest-bearing

beginning of year $982,203 · end of year $1,013,017
3 · Pledges and grants receivable

beginning of year $56,200 · end of year $301,791
4 · Accounts receivable

end of year $6,200
9 · Prepaid expenses and deferred charges

beginning of year $4,410 · end of year $4,390
10a · Land, buildings and equipment: cost or other basis

$570,000
10b · Land, buildings and equipment: accumulated depreciation

$82,680
10c · Land, buildings and equipment, net

beginning of year $358,538 · end of year $487,320
11 · Investments: publicly traded securities

end of year $0
12 · Investments: other securities

beginning of year $0 · end of year $0
13 · Investments: program-related

beginning of year $0 · end of year $0
14 · Intangible assets

beginning of year $0 · end of year $0
15 · Other assets

beginning of year $0 · end of year $0
17 · Accounts payable and accrued expenses

beginning of year $96,171 · end of year $336,887
18 · Grants payable

beginning of year $0 · end of year $0
19 · Deferred revenue

beginning of year $0 · end of year $0
20 · Tax-exempt bond liabilities

beginning of year $0 · end of year $0
21 · Escrow or custodial account liability

beginning of year $0 · end of year $0
22 · Loans and payables to officers and key people

beginning of year $0 · end of year $0
23 · Secured mortgages and notes payable

beginning of year $6,261 · end of year $112,757
24 · Unsecured notes and loans payable

beginning of year $65,535 · end of year $0
27 · Net assets without donor restrictions

beginning of year -$478 · end of year -$258,155
28 · Net assets with donor restrictions

beginning of year $1,233,862 · end of year $1,621,229

Mission and programs · 2022

Mission

At Sankofa Community Development Corporation, we believe health to be the cornerstone of a thriving community with safety, stability and overall viability. We are committed to sustainable, health-centered development to revitalize the Lower Ninth Ward area through the lens of environmental justice. Our community and economic development programs address those systemic problems that cause social and health disparities by building infrastructure that works with nature (rather than against it). We are creating simple solutions to real-world problems by building infrastructure to support a resilient community in the Lower Ninth Ward and a local environment that promotes positive health outcomes and builds healthier communities for generations to come.

The Sankofa Wetland Park is a 40-acre green instrastructure stormwater management project in the Lower Ninth Ward area of New Orleans. The project will reduce stormwater overflow by approximately 8 million gallons of stormwater runoff for the area and impact such factors as flood damage reduction, water quality, reduced strain on pumping systems, habitat value, carbon sequestration, and subsidence risk reduction. The Wetland Park engages with students, educators, and residents to lead environmental education programs that promote good stewardship of native Louisiana habitats. The development of the first 8 acres of the Wetland Park has restored wildlife habitats and increased restoration of the bird population by over 85 percent with over 200 bird species populating the area.

Expenses $1,274,940
Our Community Health Programs (CHP) include the Sankofa Fresh Food Pantry, Community Health Ambassador, and Healthy Heartbeats programs. Community Health Ambassadors apply leadership and cardiovascular health training through community- based heart healthy classes to and nutrition education programs. The Healthy HeartBeats program provides community-based cardiovascular health and diabetes education programs in alliance with local and national partners.

Expenses $364,269
I. The Lower Ninth Ward Main Street program is applying a strategic approach to restoration of the St. Claude Ave. Corridor and highlighting the unique cultural assets of the area through community leadership to address blight and disinvestment in the area, restore commercial buildings and historic structures, and provide localized small business support. By transforming St Claude Ave into a MainStreet we hope to improve community access to healthy options, attract more economic development, and support sustainable community growth. II. The Sankofa Fresh Food pantry is a designated Second Harvest Food bank partner designed to help individuals and households achieve or maintain food security through access to healthy nutritious foods. III. The Fresh Stop Market is a 1,600 sq ft healthy food store and teaching kitchen with daily access to fresh produce, a wellness center with healthy cooking classes, and cardiovascular health educational programs - allowing the community a greater opportunity for healthy living. The Fresh Stop Market is presently being constructed on St Claude Ave in the Lower Ninth Ward, an area designated as a food dessert by the United States Department of Agriculture (USDA) because the neighborhood lacks easy access to healthy and affordable foods, often contributing to poor diet, obesity, and other diet-related illnesses.

Expenses $145,708
Sankofa CDC's edible educational garden grows edible food with healthy eating programs.The garden grows foods representing local indigenous culture, work with community gardeners to offer growing spaces, and grow starter plants from seeds for planting. The edible educational garden is a continuation of Sankofa CDC's efforts to support healthy ecosystems as we offer progressive approaches to revitalize our community in a sustainable way. The garden programming includes family-centered community programming, bi-annual seed planting workshops, and giveaways of starter plants for community members to plant in the garden or their home backyard gardens.

Expenses $36,427

As filed on the 2022 return.

Listed in Part VII

Rashida Ferdinand

Ex oficio Executive Director

Total calculated

$130,190

From this org

$130,190

From related orgs

$0

Other

$0

Hours/week

50
Adonis Expose

Member

Total calculated

$0

Hours/week

2
Terrance Taylor

Treasurer

Total calculated

$0

Hours/week

2
Dawn M Davis

Member

Total calculated

$0

Hours/week

2
Molly Hegarty

Member

Total calculated

$0

Hours/week

2
Melissa Lee

Member

Total calculated

$0

Hours/week

2
Rev Richard Bell

President

Total calculated

$0

Hours/week

2
Tribble Condor

Member

Total calculated

$0

Hours/week

2
Marlin Ford

Member

Total calculated

$0

Hours/week

2

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type: form_990
Tax year: 2022
Filed: 15 November 2023
IRS schema version: 2022v5.0
Source object: 202313189349310956

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