EVANGEL CHARITY FOUNDATION INC (EIN 263448119) - 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

Principal Officer

NNAEMEKA ODUNZE

Phone

7133348080

Tax Period

2023-06-01 to 2024-05-31

EVANGEL CHARITY FOUNDATION INC, founded in 2008, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $281K in total revenue in fiscal year 2023. The organization ran a surplus of $49K, a strong 18% operating margin.

Mission

To assist the less priviledged in the community by providing health service awareness and other assistance that cater to their specific needs.

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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 $280,275

Program Service Revenue $0

Investment Income $239

Other Revenue $0

TOTAL REVENUE $280,514

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $201,095

Other Expenses $231,146

TOTAL EXPENSES $231,146

Year-over-Year Comparison

	2023	2022	Change
Revenue	$280,514	$260,069	+0.1%
Expenses	$231,146	$254,464	-0.1%
Net Income	$49,368	$5,605	+7.8%

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

N/A

Employees

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
NNAEMEKA ODUNZE	DIRECTOR	025.00	Director	$0	$0	$0
CHIKERENMA ODUNZE	DIRECTOR	025.00	Director	$0	$0	$0
ORUONYE ODUNZE	DIRECTOR	025.00	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	$280,514	$231,146	$252,632	$49,368
2024	$670,012	$377,649	$537,792	$292,363
2023	$260,069	$254,464	$207,181	$5,605
2022	$226,003	$154,515	$202,414	$71,488

EVANGEL CHARITY FOUNDATION INC