TLAFRICA INC (EIN 262517354) - 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

5627131923

Tax Period

2023-01-01 to 2023-12-31

TLAFRICA INC, founded in 2008, is a small nonprofit in the Education sector that reported $282K in total revenue in fiscal year 2023. Revenue decreased 15% compared to the prior year. The organization ran a surplus of $70K, a strong 25% operating margin.

Mission

SPIRITUAL FORMATION AND COMMUNITY TRANSFORMATION IN AFRICA

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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 $281,710

Program Service Revenue $0

Investment Income $4

Other Revenue $26

TOTAL REVENUE $281,740

Expense Breakdown

Grants Paid $167,979

Salaries & Benefits $34,037

Fundraising Expenses $1,383

Program Expenses $168,153

Other Expenses $9,351

TOTAL EXPENSES $211,367

Year-over-Year Comparison

	2023	2022	Change
Revenue	$281,740	$332,728	-0.2%
Expenses	$211,367	$477,709	-0.6%
Net Income	$70,373	$-144,981	-1.5%

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

$31,425

Total Directors

$25,280

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
FAUSTIN NTAMUSHBORA	PRESIDENT CEO	50.00	Officer Director	$25,280	$0	$25,280
KEITH TREADWELL	CHAIRMAN	5.00	Officer Director	$0	$0	$0
MARCIA DE LA HAYE	TREASURER	8.00	Officer	$6,145	$0	$6,145
PAUL CANNINGS	DIRECTOR	1.00	Director	$0	$0	$0
GRACE WARD	DIRECTOR	1.00	Director	$0	$0	$0
GREG MCKIE	SECRETARY	1.00	Director	$0	$0	$0
BRENDA WHITE	DIRECTOR	1.00	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	$281,740	$211,367	$139,749	$70,373
2022	$332,728	$477,709	$67,391	$-144,981
2021	$599,666	$469,303	$212,471	$130,363
2020	$354,273	$328,832	$81,548	$25,441
2018	$248,536	$235,422	$65,357	$13,114

TLAFRICA INC