Friends of Chikumbuso Inc (EIN 270414264) - 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

Lisa Veitenhans

Phone

2534320085

Tax Period

2024-01-01 to 2024-12-31

Friends of Chikumbuso Inc, founded in 2008, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $718K in total revenue in fiscal year 2024. Revenue surged 45% from the prior year, signaling strong growth momentum. The organization ran a surplus of $149K, a strong 21% operating margin.

Mission

Remember to do for others by caring for widows and young single moms through micro enterprise, educating impoverished students K-College, and reaching out to grandmothers in Ngombe compound, Lusaka, Zambia.

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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 $675,283

Program Service Revenue $0

Investment Income $53,907

Other Revenue $-11,328

TOTAL REVENUE $717,862

Expense Breakdown

Grants Paid $423,908

Salaries & Benefits $114,093

Fundraising Expenses $46,924

Program Expenses $475,889

Other Expenses $30,868

TOTAL EXPENSES $568,869

Year-over-Year Comparison

	2024	2023	Change
Revenue	$717,862	$493,867	+0.5%
Expenses	$568,869	$469,175	+0.2%
Net Income	$148,993	$24,692	+5.0%

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

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

$105,000

Total Directors

$35,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Linda Wilkinson	Founder	40.00	Officer	$70,000	$0	$70,000
Lisa Veitenhans	Director	1.00	Officer Director	$35,000	$0	$35,000
Dave Neiswander	Secretary	1.00	Officer Director	$0	$0	$0
Amy Kennedy	Treasurer	1.00	Officer Director	$0	$0	$0
Sabrina Buehler	Board Member	1.00	Director	$0	$0	$0
Katherine Wilkinson-Awad	Board Member	1.00	Director	$0	$0	$0
Carol Gruen	Chairperson	1.00	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	$717,862	$568,869	$493,541	$148,993
2023	$493,867	$469,175	$390,672	$24,692
2022	$587,917	$608,649	$359,862	$-20,732
2021	$594,668	$521,562	$390,981	$73,106
2020	$530,025	$345,970	$314,074	$184,055
2019	$497,347	$450,289	$126,529	$47,058
2018	$335,158	$427,864	$79,070	$-92,706

Friends of Chikumbuso Inc