AMERICAN-HAITIAN ASSOCIATION FOR MEDICAL ECONOMICAL & EDUCATIONAL (EIN 208257652) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2007

Legal Domicile

Phone

5059904441

Tax Period

2023-01-01 to 2023-12-31

AMERICAN-HAITIAN ASSOCIATION FOR MEDICAL ECONOMICAL & EDUCATIONAL, founded in 2007, is a community nonprofit in the International Affairs sector that reported $1.4M in total revenue in fiscal year 2023. Revenue fell 38% from the prior year — a significant decline worth monitoring. Expenses of $1.5M exceeded revenue, resulting in a 12% operating deficit.

Mission

AHAMES mission is to contribute and help alleviate the suffering of those who are economically disadvantaged by providing access to health care support the education of those who could not otherwise afford it and engage in livelihood enhancement project for sustainable economic development and self sufficiency

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $1,356,046

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $1,356,046

Expense Breakdown

Grants Paid $40,889

Salaries & Benefits $85,792

Fundraising Expenses $0

Program Expenses $1,409,941

Other Expenses $1,383,187

TOTAL EXPENSES $1,516,001

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,356,046	$2,182,393	-0.4%
Expenses	$1,516,001	$2,176,920	-0.3%
Net Income	$-159,955	$5,473	-30.2%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

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
Harold B Salomom	Executive Director	30.00	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	$1,356,046	$1,516,001	$522,790	$-159,955
2022	$2,182,393	$2,176,920	$573,794	$5,473
2021	$1,653,761	$1,651,649	$574,830	$2,112

AMERICAN-HAITIAN ASSOCIATION FOR MEDICAL ECONOMICAL & EDUCATIONAL