AFRICA SCHOOL ASSISTANCE PROJECT (EIN 260784811) - Form 990 Financial Analysis & Trantor Score

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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

2008

Legal Domicile

Phone

7203576522

Tax Period

2024-01-01 to 2024-12-31

AFRICA SCHOOL ASSISTANCE PROJECT, founded in 2008, is a small nonprofit in the International Affairs sector that reported $277K in total revenue in fiscal year 2024. Revenue decreased 8% compared to the prior year. Expenses of $265K left a modest 4% surplus.

Mission

AFRICA SCHOOL ASSISTANCE PROJECT EMPOWERS AND CREATES OPPORTUNITIES FOR TANZANIANS, PARTICULARLY GIRLS, BY REMOVING OBSTACLES TO QUALITY EDUCATION AND LEARNING

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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 $276,782

Program Service Revenue $0

Investment Income $7

Other Revenue $0

TOTAL REVENUE $276,789

Expense Breakdown

Grants Paid $0

Salaries & Benefits $99,662

Fundraising Expenses $0

Program Expenses $233,206

Other Expenses $165,743

TOTAL EXPENSES $265,405

Year-over-Year Comparison

	2024	2023	Change
Revenue	$276,789	$299,619	-0.1%
Expenses	$265,405	$381,390	-0.3%
Net Income	$11,384	$-81,771	-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

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

$90,600

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ZACHARY W SWETT	EXECUTIVE DIRECTOR	40.00	Key Emp	$85,000	$5,600	$90,600
LOREZ MEINHOLD	BOARD MEMBER	0.50	Director	$0	$0	$0
DAVID AKERSON	BOARD MEMBER	0.50	Director	$0	$0	$0
LIEKO EARLE	BOARD MEMBER	0.50	Director	$0	$0	$0
WILLIAM M EDDY	BOARD MEMBER	0.50	Director	$0	$0	$0
DAVID FALICIA	TREASURER	0.50	Officer Director	$0	$0	$0
SOFIA RAINALDI	SECRETARY	0.50	Officer Director	$0	$0	$0
TARYN FINNESSEY	CHAIR	0.50	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
2025	No data	No data	No data	No data
2024	$276,789	$265,405	$228,163	$11,384
2023	$299,619	$381,390	$216,019	$-81,771
2022	$291,903	$260,211	$301,304	$31,692
2021	$453,914	$300,242	$266,730	$153,672
2020	$249,449	$378,982	$263,836	$-129,533
2019	$479,898	$348,287	$239,556	$131,611

AFRICA SCHOOL ASSISTANCE PROJECT