CIVIC ARK

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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

2007

Legal Domicile

Principal Officer

HASHI SHAFI

Phone

6122429991

Tax Period

2023-01-01 to 2023-12-31

CIVIC ARK, founded in 2007, is a micro nonprofit in the Civil Rights & Advocacy sector that reported $80K in total revenue in fiscal year 2023. Revenue decreased 5% compared to the prior year. Expenses of $77K left a modest 4% surplus.

Mission

TO EDUCATE SOMALI INDIVIDUALS AND OTHER INTRESTED PERSONS REGARDING CIVIC ENGAGEMENT, VOTING RIGHTS AND RESPONSIBILITIES AND PARTICIPATIONIN DEMOCRACY

Program Service Accomplishments

Program 1

THE PRIMARY ACTIVITY IS CIVIC ENGAGEMENT AND LEADERSHIP DEVELOPMENT AMONG SOMALI COMMUNITIES

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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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $80,334

Investment Income $0

Other Revenue $0

TOTAL REVENUE $80,334

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $77,250

TOTAL EXPENSES $77,250

Year-over-Year Comparison

	2023	2022	Change
Revenue	$80,334	$85,000	-0.1%
Expenses	$77,250	$76,400	+0.0%
Net Income	$3,084	$8,600	-0.6%

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

N/A

Employees

N/A

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

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
HASHI SHAFI	EXECUTIVE DIRECTOR	040.00	Officer Director Highest	$0	$0	$0
SADIQ MOHAMUD	PRESIDENT	N/A	Director	$0	$0	$0
HASSAN ALI	VICE PRESIDENT	N/A	Director	$0	$0	$0
ABDISALAM KAITON	SECRETARY	N/A	Director	$0	$0	$0
HODO ALI	TREASURER	N/A	Director	$0	$0	$0
UMULKHEYR ISMAIL	BOARD MEMBER	N/A	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	$80,334	$77,250	$65,752	$3,084
2022	$85,000	$76,400	$62,668	$8,600
2021	$440,613	$395,145	$45,468	$45,468