OUTREACH TECHNOLOGY INC (EIN 061588903) - 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

2019

Legal Domicile

Principal Officer

DAGNACHEW TESHOME

Phone

3109801771

Tax Period

2022-07-01 to 2023-06-30

OUTREACH TECHNOLOGY INC, founded in 2019, is a micro nonprofit in the Education sector that reported $87K in total revenue in fiscal year 2022. The organization ran a surplus of $26K, a strong 30% operating margin.

Mission

OUTREACH TECHNOLOGY EMPOWERS THE UNEMPLOYED, THE HOMELESS YOUTH IN DEVELOPING COUNTRIES AND HELP THEM HELP THEMSELVES BY PROVIDING SELF-PACED INFORMATION TECHNOLOGY, ACADEMIC TRAINING AND CERTIFICATION TO ENABLE THEM TO BE GAINFULLY EMPLOYED.

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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 (2022)

Revenue Breakdown

Contributions & Grants $86,875

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $86,875

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $10,695

Program Expenses $50,451

Other Expenses $61,146

TOTAL EXPENSES $61,146

Year-over-Year Comparison

	2022	2021	Change
Revenue	$86,875	N/A	N/A
Expenses	$61,146	$350	+173.7%
Net Income	$25,729	$-350	-74.5%

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

N/A

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
DAGNACHEW TESHOME	PRESIDENT	40.00	Officer	$0	$0	$0
HANNA CHERU	SECRETARY	20.00	Officer	$0	$0	$0
DAGNACHEW TESHOME	TRESURER	20.00	Officer	$0	$0	$0
GETACHEW BEGASHAW PHD	BOARD MEMBER	5.00	Director	$0	$0	$0
DEMISSIE ALEMAYEHU	BOARD MEMBER	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
2024	No data	No data	No data	No data
2023	$86,875	$61,146	$48,400	$25,729
2022	No data	$350	No data	No data
2021	No data	$550	No data	No data
2020	No data	No data	No data	No data

OUTREACH TECHNOLOGY INC