HABESHA Inc (EIN 020536428) - 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

2002

Legal Domicile

Principal Officer

Cashawn Myers

Phone

6783574722

Tax Period

2023-01-01 to 2023-12-31

HABESHA Inc, founded in 2002, is a small nonprofit in the Youth Development sector that reported $272K in total revenue in fiscal year 2023. Revenue fell 35% from the prior year — a significant decline worth monitoring. Expenses of $357K exceeded revenue, resulting in a 31% operating deficit.

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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 (2023)

Revenue Breakdown

Contributions & Grants $217,746

Program Service Revenue $53,779

Investment Income $92

Other Revenue $0

TOTAL REVENUE $271,617

Expense Breakdown

Grants Paid $25,500

Salaries & Benefits $53,825

Fundraising Expenses $0

Program Expenses $285,657

Other Expenses $277,221

TOTAL EXPENSES $356,546

Year-over-Year Comparison

	2023	2022	Change
Revenue	$271,617	$414,801	-0.3%
Expenses	$356,546	$330,936	+0.1%
Net Income	$-84,929	$83,865	-2.0%

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

Volunteers

100

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

$50,000

Total Directors

$50,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Cashawn Myers	Executive Director	040.00	Officer Director	$50,000	$0	$50,000
Rita Mitchell	Director	002.00	Director	$0	$0	$0
Imara Solwasi	Director	002.00	Director	$0	$0	$0
Kwasi Bonsu	Director	002.00	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
2024	No data	No data	No data	No data
2023	$271,617	$356,546	$963,469	$-84,929
2022	$414,801	$330,936	$1,053,046	$83,865
2021	$643,288	$287,556	$966,649	$355,732
2020	$503,840	$347,363	$618,209	$156,477
2019	$620,691	$431,737	$529,934	$188,954
2018	$500,197	$359,951	$254,186	$140,246

HABESHA Inc