TIGRAY ETHIOPIAN COMMUNITY ASSOCIATION IN COLORADO

EIN: 260646048 501(c)(3) International Affairs

AURORA, CO

Total Revenue
$818,529
Total Expenses
$116,739
Total Assets
$1,583,678
Net Assets
$1,406,456
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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
2010
Legal Domicile
CO
Phone
7202767703
Tax Period
2023-01-01 to 2023-12-31

TIGRAY ETHIOPIAN COMMUNITY ASSOCIATION IN COLORADO, founded in 2010, is a small nonprofit in the International Affairs sector that reported $819K in total revenue in fiscal year 2023. Revenue surged 109% from the prior year, signaling strong growth momentum. The organization ran a surplus of $702K, a strong 86% operating margin.

Mission

TO IMPROVE THE LIVES OF TIGRAYAN AMERICANS IN COLORADO.

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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 $812,071
Program Service Revenue $0
Investment Income $0
Other Revenue $6,458
TOTAL REVENUE $818,529

Expense Breakdown

Grants Paid $0
Salaries & Benefits $9,183
Fundraising Expenses $0
Program Expenses $93,445
Other Expenses $107,556
TOTAL EXPENSES $116,739

Year-over-Year Comparison

2023 2022 Change
Revenue $818,529 $391,382 +1.1%
Expenses $116,739 $81,636 +0.4%
Net Income $701,790 $309,746 +1.3%
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
9
Independent Members
N/A
Employees
2
Volunteers
200

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
1
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MILLETTE BIRHANEMASKEL PRESIDENT 25.00
Officer
$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 $818,529 $116,739 $1,583,678 $701,790
2022 $391,382 $81,636 $734,461 $309,746
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