FRIENDS OF REACH OUTS HIVAIDS AFRICA INITIATIVE INC (EIN 141997532) - Form 990 Financial Analysis & Trantor Score

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Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2007

Legal Domicile

Phone

7035325046

Tax Period

2023-01-01 to 2023-12-31

FRIENDS OF REACH OUTS HIVAIDS AFRICA INITIATIVE INC, founded in 2007, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $402K in total revenue in fiscal year 2021. Revenue surged 219% from the prior year, signaling strong growth momentum. The organization ran a surplus of $144K, a strong 36% operating margin.

Mission

THE PURPOSE OF THE ORGANIZATION IS TO PROMOTE, SUPPORT AND PROVIDE GRANTS TO aFRICAN ORGANIZATIONS SERVING THE HEALTH CARE AND SOCIAL SERVICES NEEDS OF AFRICANS AFFECTED BY HIV AND AIDS INCLUDING EDUCATIONAL GRANTS TO THEIR DEPENDENT CHILDREN AND PROMOTION OF INCOME GENERATING ACTIVITIES.

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $266,779

Program Service Revenue $0

Investment Income $-612

Other Revenue $0

TOTAL REVENUE $266,167

Expense Breakdown

Grants Paid $256,083

Salaries & Benefits $0

Fundraising Expenses $1,556

Program Expenses $257,063

Other Expenses $6,722

TOTAL EXPENSES $262,805

Year-over-Year Comparison

	2023	2022	Change
Revenue	$266,167	$242,558	+0.1%
Expenses	$262,805	$286,043	-0.1%
Net Income	$3,362	$-43,485	-1.1%

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
LISA A FURMANSKI MD	CHAIRPERSON	2.00	Officer Director	$0	$0	$0
BENEDICTE VIBE CHRISTENSEN	TREASURER	4.00	Officer Director	$0	$0	$0
MARGRETHE JUNCKERMDMPH	BOARD MEMBER	4.00	Director	$0	$0	$0
DANA ENGLISH REV	BOARD MEMBER	1.00	Director	$0	$0	$0
CERI LAWLEY	BOARD MEMBER	1.00	Director	$0	$0	$0
WILLIAM STANLEY	ASST. TREASURER	1.00	Officer 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	$266,167	$262,805	$158,086	$3,362
2022	$242,558	$286,043	$154,724	$-43,485
2021	$401,740	$258,172	$198,209	$143,568

FRIENDS OF REACH OUTS HIVAIDS AFRICA INITIATIVE INC