MASIPHUMELELE CORPORATION (EIN 020511758) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1999

Legal Domicile

Principal Officer

Jane Philippi

Phone

6174568000

Tax Period

2024-01-01 to 2024-12-31

MASIPHUMELELE CORPORATION, founded in 1999, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $345K in total revenue in fiscal year 2024. Revenue grew 13% year-over-year, indicating healthy expansion. Expenses of $331K left a modest 4% surplus.

Mission

The Organization supports the people of Masiphumelele Township in Cape Town, South Africa through education and skills training for children and adults in the community.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $344,145

Program Service Revenue $0

Investment Income $577

Other Revenue $0

TOTAL REVENUE $344,722

Expense Breakdown

Grants Paid $318,000

Salaries & Benefits $0

Fundraising Expenses $3,115

Program Expenses $318,000

Other Expenses $13,231

TOTAL EXPENSES $331,231

Year-over-Year Comparison

	2024	2023	Change
Revenue	$344,722	$304,475	+0.1%
Expenses	$331,231	$257,132	+0.3%
Net Income	$13,491	$47,343	-0.7%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

⚠ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
John M Thompson	President/Director	4.00	Officer Director	$0	$0	$0
Jane T Philippi	Treasurer/Director	10.00	Officer Director	$0	$0	$0
Robert P Maloney	Clerk	0.20	Officer	$0	$0	$0
Carol Thompson	Director	2.00	Director	$0	$0	$0
Lauren Mincin	Director	5.00	Director	$0	$0	$0
Mark Mincin	Director	5.00	Director	$0	$0	$0
Richard Antell	Director	5.00	Director	$0	$0	$0
Katelyn Mincin	Director	5.00	Director	$0	$0	$0
Cathyrn Celest Helm	Director	5.00	Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2025	No data	No data	No data	No data
2024	$344,722	$331,231	$209,778	$13,491
2023	$304,475	$257,132	$196,287	$47,343
2022	$350,249	$297,097	$148,944	$53,152
2021	$266,838	$248,072	$95,792	$18,766
2020	$289,240	$290,471	$77,026	$-1,231
2019	$354,864	$350,807	$78,257	$4,057
2018	$136,555	$113,289	$74,200	$23,266

MASIPHUMELELE CORPORATION