Charity Search / FIRST AFRICAN KANISA APARTMENTS INC
Housing & Shelter (L80Z) 990 on File

FIRST AFRICAN KANISA APARTMENTS INC

EIN: 61-1314925 · LEXINGTON, KY 40508-1057 · United States · FY 2025 Data
2 out of 5 27 / 100 Based on 2+ years of filings
Financial strength (30%) 35/100
Reliability (20%) 55/100
Effectiveness (25%) 21/100
Impact (25%) No data yet
Financial data: FY 2025 · Scored 9/13/2026
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CharityAI™ Score
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Financial Overview — FY 2025
$531K
Total Revenue
$620K
Total Expenses
$-592,634
Net Assets
N/A
Employees
Expense Breakdown
Program Expense Ratio 14.3%
Fundraising Efficiency N/A
Operating Reserve -11.46x
Liability-to-Asset 151.6%
Revenue Diversification N/A
Compared with Peers
FY 2025
Compared with 2,936 similar organizations (United States, Housing & Shelter, $100K–$1M in expenses), FY 2025.
This organization Middle half of peers (P25–P75) Peer median
Ratio This org Peer median Position (P10 → P90)
Program expense ratio
Program expenses / total expenses · higher is better
14.3% 87.3%
P10P90
Bottom quarter
Operating reserve
Months of expenses covered by net assets · higher is better
-11.5 mo 13.5 mo
P10P90
Bottom quarter
Liabilities to assets
Total liabilities / total assets · lower is better
151.6% 21.9%
P10P90
Bottom quarter
Revenue growth
Year over year revenue growth
10.8% 4.8%
P10P90
Expense growth
Year over year expense growth
13.7% 4.2%
P10P90
Surplus margin
Surplus as a share of revenue
-16.9% -6.0%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2025 $531K $620K $-592,634 14.3%
2024 $479K $546K $-502,841 12.2%
2023 $474K $549K $-436,103 13.6%
2022 $460K $502K $-361,669 8.3%
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Organization Details
EIN
61-1314925
State
KY
City
LEXINGTON
ZIP
40508-1057
Classification
L80Z
Category
Housing & Shelter
Rating
2★
Coverage
A
Last Updated
Aug 2026
Form 990
On File
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