NGWA CULTURAL ORGANIZATION OF NORTH AMERICA INC (EIN 263517097) - 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

MBONU ONWUMELU

Tax Period

2023-01-01 to 2023-12-31

NGWA CULTURAL ORGANIZATION OF NORTH AMERICA INC, founded in 2008, is a micro nonprofit in the Arts, Culture & Humanities sector that reported $48K in total revenue in fiscal year 2023. The organization ran a surplus of $16K, a strong 33% operating margin.

Mission

To promote the exchange of ideas teach Igbo languagefoster research understanding and study of social economic and cultural conditions

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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 $40,134

Program Service Revenue $0

Investment Income $0

Other Revenue $7,772

TOTAL REVENUE $47,906

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $32,271

Other Expenses $32,271

TOTAL EXPENSES $32,271

Year-over-Year Comparison

	2023	2022	Change
Revenue	$47,906	N/A	N/A
Expenses	$32,271	N/A	N/A
Net Income	$15,635	N/A	N/A

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

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
MBONU ONWUMELU	PRESIDENT	5.000	Officer	$0	$0	$0
UGOCHUKWU AGU	SECRETARY	5.000	Officer	$0	$0	$0
CHRISTIE NWOGU	TREASURER	5.000	Officer	$0	$0	$0
VICTOR CHIGBU	FINANCIAL SECRETARY	5.000	Officer	$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
2023	$47,906	$32,271	$1,012,402	$15,635
2022	$40,165	$49,042	$994,454	$-8,877
2021	$59,460	$34,809	$980,918	$24,651
2020	$50,453	$24,850	$920,172	$25,603
2019	$35,550	$34,441	$923,243	$1,109
2018	$67,547	$61,181	$922,134	$6,366

NGWA CULTURAL ORGANIZATION OF NORTH AMERICA INC