ASSOCIATION FOR THE STUDY OF THE MIDDLE EAST AND AFRICA INC (EIN 261416892) - 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

2158668811

Tax Period

2021-01-01 to 2021-12-31

ASSOCIATION FOR THE STUDY OF THE MIDDLE EAST AND AFRICA INC, founded in 2008, is a small nonprofit that reported $284K in total revenue in fiscal year 2021. Revenue decreased 18% compared to the prior year.

Mission

THE ASSOCIATION'S MISSION IS TO BE A NON-PARTISAN, NON-PROFIT ORGANIZATION THAT PROMOTES THE HIGHEST STANDARDS OF ACADEMIC RESEARCH AND TEACHING IN THE FIELDS OF MIDDLE EASTERN AND AFRICAN STUDIES AND RELATED DISCIPLINES THROUGH PROGRAMS, PUBLICATIONS, AND SERVICES THAT SUPPORT ITS MEMBERS, THE INTERNATIONAL COMMUNITY OF SCHOLARS, AND INTERESTED MEMBERS OF THE PUBLIC.

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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 (2021)

Revenue Breakdown

Contributions & Grants $245,645

Program Service Revenue $38,082

Investment Income $23

Other Revenue $0

TOTAL REVENUE $283,750

Expense Breakdown

Grants Paid $50,237

Salaries & Benefits $181,553

Fundraising Expenses $50,606

Program Expenses $219,431

Other Expenses $70,229

TOTAL EXPENSES $302,019

Year-over-Year Comparison

	2021	2020	Change
Revenue	$283,750	$345,648	-0.2%
Expenses	$302,019	$483,849	-0.4%
Net Income	$-18,269	$-138,201	-0.9%

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

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

$17,083

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DR ASAF ROMIROWSKY	Executive Dir.	20.00	Officer	$17,083	$0	$17,083
DR MARK T CLARK	President	2.00	Officer Director	$0	$0	$0
DR ROBERT LLOYD	Vice President	4.00	Officer Director	$0	$0	$0
DR JOSEPH M SKELLY	Secretary/Treas	2.00	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
2021	$283,750	$302,019	No data	$-18,269
2020	$345,648	$483,849	$309,326	$-138,201
2019	$587,978	$592,736	$456,716	$-4,758
2018	$498,636	$493,114	$519,997	$5,522

ASSOCIATION FOR THE STUDY OF THE MIDDLE EAST AND AFRICA INC