ADERA FOUNDATION (EIN 264350780) - 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

JULIE MILLER

Phone

8176920169

Tax Period

2024-01-01 to 2024-12-31

ADERA FOUNDATION, founded in 2009, is a community nonprofit in the International Affairs sector that reported $1.5M in total revenue in fiscal year 2024. Revenue surged 52% from the prior year, signaling strong growth momentum. The organization ran a surplus of $627K, a strong 41% operating margin.

Mission

ADERA'S MISSION IS TO WALK ALONGSIDE AND EMPOWER THOSE WHO CANNOT BEAR TO WALK ALONE. WE ARE COMMITTED TO PROVIDING BASIC NEEDS, TEACHING ESSENTIAL LIFE SKILLS, AND SHARING THE GOSPEL TO PROVIDE OPPORTUNITIES FOR WOMEN, CHILDREN, FAMILIES AND COMMUNITIES IN ADDIS ABABA, ETHIOPIA

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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 (2024)

Revenue Breakdown

Contributions & Grants $967,778

Program Service Revenue $0

Investment Income $56,198

Other Revenue $518,220

TOTAL REVENUE $1,542,196

Expense Breakdown

Grants Paid $578,306

Salaries & Benefits $131,333

Fundraising Expenses $0

Program Expenses $649,179

Other Expenses $205,362

TOTAL EXPENSES $915,001

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,542,196	$1,015,806	+0.5%
Expenses	$915,001	$900,583	+0.0%
Net Income	$627,195	$115,223	+4.4%

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

132

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

$94,500

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JULIE MILLER	EXECUTIVE DI	55.00	Officer	$94,500	$0	$94,500
WILLIAM BREWER	DIRECTOR	1.00	Director	$0	$0	$0
TOM DOLNY	DIRECTOR	0.50	Director	$0	$0	$0
RICK GRANAGHAN	DIRECTOR	0.50	Director	$0	$0	$0
CINDY HAYES	DIRECTOR	0.50	Director	$0	$0	$0
PATRICK LAMERS	DIRECTOR	0.50	Director	$0	$0	$0
SCOTT LYDICK	DIRECTOR	0.50	Director	$0	$0	$0
KIT MCDONALD	DIRECTOR	0.50	Director	$0	$0	$0
JOHN SHROYER	DIRECTOR	1.00	Director	$0	$0	$0
VICKIE STEVENS	DIRECTOR	1.00	Director	$0	$0	$0
ANNA BREWER	CONTROLLER/F	1.00	Officer	$0	$0	$0
JANICE COBB	SECRETARY	1.00	Officer	$0	$0	$0
DEWEY ISOM	PRESIDENT	2.00	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
2024	$1,542,196	$915,001	$1,870,887	$627,195
2023	$1,015,806	$900,583	$1,248,155	$115,223
2022	$919,779	$789,716	$1,141,349	$130,063
2021	$814,246	$636,951	$999,856	$177,295
2020	$786,419	$597,800	$821,722	$188,619
2019	$769,619	$707,977	$659,804	$61,642
2018	$707,817	$570,150	$580,553	$137,667

ADERA FOUNDATION