SOMALI AMERICAN PARENT ASSOCIATION (EIN 263120451) - 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

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

Somali American Parent Associations is an organization formed to promote improvement of education among African mmigrant community by actively engaging the parents in the participation of their childrens education.

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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 (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

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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

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

$37,690

Total Directors

$37,690

Key Employees

Highest Compensated

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

SOMALI AMERICAN PARENT ASSOCIATION