ALBANIAN-AMERICAN DEVELOPMENT FOUNDATION (EIN 272782213) - 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

2010

Legal Domicile

Principal Officer

MARTIN MATA

Phone

3474468138

Tax Period

2018-01-01 to 2018-12-31

ALBANIAN-AMERICAN DEVELOPMENT FOUNDATION, founded in 2010, is a community nonprofit in the International Affairs sector that reported $9.3M in total revenue in fiscal year 2018. Revenue surged 50% from the prior year, signaling strong growth momentum. The organization ran a surplus of $2.3M, a strong 24% operating margin.

Mission

IT IS THE FOUNDATION'S MISSION TO FACILITATE THE DEVELOPMENT OF A SUSTAINABLE PRIVATE SECTOR ECONOMY AND A DEMOCRATIC SOCIETY IN ALBANIA, AND TO CONTRIBUTE TO STABILITY IN SOUTHEASTERN EUROPE. SPECIFICALLY, THE FOUNDATION WILL SPONSOR THE FOLLOWING PROGRAMS TO FURTHER ITS MISSION: EDUCATION FOR SUSTAINABLE DEVELOPMENT; ENTREPRENEURSHIP; LEADERSHIP DEVELOPMENT; AND SUPPORT FOR CULTURAL TOURISM AND ECOTOURISM.THE FOUNDATION WILL ESTABLISH A CENTER IN TIRANA WHICH WILL PROVIDE A LOCAL BASE OF OPERATIONS FOR THE FOUNDATION, OFFER ACCESS TO MATERIALS RELEVANT TO ITS AREAS OF ACTIVITY, AND PROVIDE A CENTRAL SITE FOR THE FOUNDATION'S SERVICES AND PROGRAMS. IT WILL ALSO SERVE AS A SYMBOL OF UNITED STATES COMMITMENT AND CONTRIBUTIONS TO THE DEMOCRACY AND WELL-BEING OF THE PEOPLE OF ALBANIA.

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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 (2018)

Revenue Breakdown

Contributions & Grants $5,000,000

Program Service Revenue $0

Investment Income $4,263,022

Other Revenue $1,585

TOTAL REVENUE $9,264,607

Expense Breakdown

Grants Paid $389,993

Salaries & Benefits $1,059,482

Fundraising Expenses $0

Program Expenses $4,625,674

Other Expenses $5,563,879

TOTAL EXPENSES $7,013,354

Year-over-Year Comparison

	2018	2017	Change
Revenue	$9,264,607	$6,191,555	+0.5%
Expenses	$7,013,354	$5,459,512	+0.3%
Net Income	$2,251,253	$732,043	+2.1%

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

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

$434,030

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MICHAEL D GRANOFF	CHAIRMAN	2.00	Director	$0	$0	$0
CAFO BOGA	BOARD MEMBER	2.00	Director	$0	$0	$0
DIANE BLANE	BOARD MEMBER	2.00	Director	$0	$0	$0
DOUGLAS G CARLSTON	BOARD MEMBER	2.00	Director	$0	$0	$0
JILL ADLER	BOARD MEMBER	2.00	Director	$0	$0	$0
RON CAMI	BOARD MEMBER	2.00	Director	$0	$0	$0
AIDA REPISHTI	BOARD MEMBER	2.00	Director	$0	$0	$0
MARTIN MATA	CO-CEO	32.00	Officer	$124,712	$14,245	$160,965
FLORIDA QELLO	SECRETARY OF THE BOARD	32.00	Officer	$87,209	$9,501	$112,100
ALEKSANDER SARAPULI	CO-CEO	32.00	Officer	$124,712	$14,245	$160,965

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
2018	$9,264,607	$7,013,354	$216,065,025	$2,251,253

ALBANIAN-AMERICAN DEVELOPMENT FOUNDATION