ST MICHAEL ETHIOPIAN ORTHODOX TEWAHDA CHURCH

EIN: 201848483 501(c)(3) Religion

Edmonds, WA

Total Revenue
$529,283
Total Expenses
$186,822
Total Assets
$2,587,326
Net Assets
$2,585,961
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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

Tax Period
2023-01-01 to 2023-12-31

ST MICHAEL ETHIOPIAN ORTHODOX TEWAHDA CHURCH is a small nonprofit in the Religion sector that reported $529K in total revenue in fiscal year 2023. Revenue grew 13% year-over-year, indicating healthy expansion. The organization ran a surplus of $342K, a strong 65% operating margin.

Mission

To proclaim the Gospel, to service as a community of worship and fellowship, educating children about their culture and religion.

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $487,815
Program Service Revenue $41,205
Investment Income $78
Other Revenue $185
TOTAL REVENUE $529,283

Expense Breakdown

Grants Paid $23,000
Salaries & Benefits $50,901
Fundraising Expenses $0
Program Expenses $113,983
Other Expenses $112,921
TOTAL EXPENSES $186,822

Year-over-Year Comparison

2023 2022 Change
Revenue $529,283 $469,827 +0.1%
Expenses $186,822 $358,286 -0.5%
Net Income $342,461 $111,541 +2.1%
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

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Governance

Voting Members
8
Independent Members
8
Employees
N/A
Volunteers
80

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
0
$0
Total Directors
8
$21,444
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Demelash Mengestu Vice President 8
Director
$0 $0 $0
Bizuayehu Beyene Secretary 10
Director
$0 $0 $0
Kindu Tegegne Treasurer 8
Director
$0 $0 $0
Tadesse Tegene Director 15
Director
$21,444 $0 $21,444
Beza Walelign Director 8
Director
$0 $0 $0
Michael Girma Director 8
Director
$0 $0 $0
Yodit Ambaye Director 8
Director
$0 $0 $0
Kassahun Kassa Director 8
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
2023 $529,283 $186,822 $2,587,326 $342,461
2022 $469,827 $358,286 $2,266,418 $111,541
2021 $404,753 $152,159 $2,183,033 $252,594
2020 $270,203 $165,178 $1,930,639 $105,025
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