Felege Hiywot Center Inc

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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

Phone

3175452245

Tax Period

2024-01-01 to 2024-12-31

Felege Hiywot Center Inc is a small nonprofit in the Human Services sector that reported $309K in total revenue in fiscal year 2024. Revenue fell 67% from the prior year — a significant decline worth monitoring. Expenses of $799K exceeded revenue, resulting in a 158% operating deficit.

Mission

Employment based STEAM Farm Leadership Development

Program Service Accomplishments

Program 1

Expenses: $678,746

Employment Based STEAM Farm Leadership Development, with partnership of Purdue University Agriculture, Major Tool And Machine, Marion County Farm Bureau, and Indiana University.

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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 $309,130

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $309,130

Expense Breakdown

Grants Paid $0

Salaries & Benefits $324,078

Fundraising Expenses $0

Program Expenses $678,746

Other Expenses $474,446

TOTAL EXPENSES $798,524

Year-over-Year Comparison

	2024	2023	Change
Revenue	$309,130	$933,143	-0.7%
Expenses	$798,524	$831,721	0.0%
Net Income	$-489,394	$101,422	-5.8%

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

500

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
TOMMY REDDICKS	Treasurer	8.00	Officer Director	$0	$0	$0
RYDER HARMAN	Vice President	1.00	Officer Director	$0	$0	$0
NICOLE CHASE	Secretary	3.00	Officer Director	$0	$0	$0
SHELLYE SUTTLES	President	10.00	Officer Director	$0	$0	$0
John Huter	Vice President	5.00	Officer Director	$0	$0	$0
CHRIS LARSON	Director	3.00	Director	$0	$0	$0
CHRIS ROTHENBERGER	Director	5.00	Director	$0	$0	$0
Gene Ford	Director	5.00	Officer Director	$0	$0	$0
Amina Pierson	Executive Dir.	5.00	Officer Director	$0	$0	$0
Aster Bekele	Executive Dir.	10.00	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	$309,130	$798,524	$1,852,451	$-489,394
2023	$933,143	$831,721	$2,338,458	$101,422
2022	$1,461,668	$494,320	$2,238,557	$967,348
2021	$1,285,722	$353,780	$1,275,833	$931,942
2020	$416,485	$205,960	$372,444	$210,525