NYAMEKYE FOUNDATION INC (EIN 262699082) - 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

2009

Legal Domicile

Principal Officer

GREG DANIEL

Phone

7165807208

Tax Period

2023-01-01 to 2023-12-31

NYAMEKYE FOUNDATION INC, founded in 2009, is a micro nonprofit in the Philanthropy & Grantmaking sector that reported $12K in total revenue in fiscal year 2023. Revenue surged 4012% from the prior year, signaling strong growth momentum. The organization ran a surplus of $4K, a strong 38% operating margin.

Mission

TO PROMOTE HEALTHY LIVING, HEALTHCARE RESEARCH & DEVELOPMENT AND PROVIDE SCHOLARSHIPS.

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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 $2,500

Program Service Revenue $0

Investment Income $9,179

Other Revenue $0

TOTAL REVENUE $11,679

Expense Breakdown

Grants Paid $5,068

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $7,228

Other Expenses $2,160

TOTAL EXPENSES $7,228

Year-over-Year Comparison

	2023	2022	Change
Revenue	$11,679	$284	+40.1%
Expenses	$7,228	$6,761	+0.1%
Net Income	$4,451	$-6,477	-1.7%

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

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
GREG DANIEL	CHAIR	2.00	Officer Director	$0	$0	$0
JAMES K WARRINGTON	SECRETARY	2.00	Officer Director	$0	$0	$0
IRVING LEVY CPA	TREASURER	2.00	Officer Director	$0	$0	$0
RICHARD ELMAN	DIRECTOR	2.00	Director	$0	$0	$0
STEVEN LAKOMY	DIRECTOR	2.00	Director	$0	$0	$0
FRANK LEE	DIRECTOR	2.00	Director	$0	$0	$0
RAQUEL MARTIN	DIRECTOR	2.00	Director	$0	$0	$0
GREG DANIEL JR	EXECUTIVE DIRECTOR	2.00	Officer Director	$0	$0	$0
MARK AQUINO	DIRECTOR	2.00	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	$11,679	$7,228	$851,926	$4,451
2022	$284	$6,761	$847,475	$-6,477
2021	$286	$18,270	$853,952	$-17,984
2020	$5,344	$39,541	$871,936	$-34,197
2019	$16,053	$6,962	$906,019	$9,091
2018	$4,965	$24,934	$896,627	$-19,969

NYAMEKYE FOUNDATION INC