SOMALI AMERICAN PARENT ASSOCIATION

EIN: 263120451 501(c)(3) Arts, Culture & Humanities

Saint Paul, MN

Total Revenue
$105,968
Total Expenses
$169,486
Total Assets
$36,343
Net Assets
$6,662
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2009
Legal Domicile
MN
Principal Officer
MOHAMED MOHAMUD
Phone
6123594949
Tax Period
2022-01-01 to 2022-12-31

SOMALI AMERICAN PARENT ASSOCIATION, founded in 2009, is a small nonprofit in the Arts, Culture & Humanities sector that reported $106K in total revenue in fiscal year 2022. Revenue fell 51% from the prior year — a significant decline worth monitoring. Expenses of $169K exceeded revenue, resulting in a 60% operating deficit.

Mission

The mission of the organization is to reduce achievement gap of children of immigrant families through advocacy, parent/teacher engagement and creating safe education environment.

Program Service Accomplishments

Program 1
Expenses: $132,646

Promotion of education among immigrant youth, organizing parent-teachers meetings to promote parent engagement in youth educations, after school tuitoring and feeding program.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $105,968
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $105,968

Expense Breakdown

Grants Paid $0
Salaries & Benefits $117,092
Fundraising Expenses $16,514
Program Expenses $132,646
Other Expenses $52,394
TOTAL EXPENSES $169,486

Year-over-Year Comparison

2022 2021 Change
Revenue $105,968 $216,642 -0.5%
Expenses $169,486 $155,316 +0.1%
Net Income $-63,518 $61,326 -2.0%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
3
Independent Members
3
Employees
3
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
1
$37,690
Total Directors
4
$37,690
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MOHAMED MOHAMUD EXECUTIVE DIRECTOR 040.00
Officer Director Highest
$37,690 $0 $37,690
SHUKRI HASSAN BOARD CHAIR 001.00
Director
$0 $0 $0
HAKIM OSMAN TREASURER 001.00
Director
$0 $0 $0
AHMED MOHIDIN SECRETARY 001.00
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
2022 $105,968 $169,486 $36,343 $-63,518
2021 $216,642 $155,316 $82,208 $61,326
2020 $193,289 $208,513 $27,369 $-15,224
2019 $78,559 $87,029 $44,212 $-8,470
2018 $199,436 $240,301 $62,622 $-40,865
Explore More Nonprofits
→Top 100 Nonprofits in Minnesota →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare SOMALI AMERICAN PARENT ASSOCIATION with other nonprofits in Minnesota and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.