PARTNERS WITH ETHIOPIA

EIN: 273355413 501(c)(3) International Affairs

Minneapolis, MN

Total Revenue
$245,748
Total Expenses
$218,279
Total Assets
$60,752
Net Assets
$60,752
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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
2012
Legal Domicile
CO
Principal Officer
Ingrid Olson
Phone
6122264976
Tax Period
2024-01-01 to 2024-12-31

PARTNERS WITH ETHIOPIA, founded in 2012, is a small nonprofit in the International Affairs sector that reported $246K in total revenue in fiscal year 2024. Expenses of $218K left a modest 11% surplus.

Mission

We support Ethiopian-based organizations working to educate and empower children, women, and communities impacted by poverty.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $245,748
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $245,748

Expense Breakdown

Grants Paid $171,601
Salaries & Benefits $28,045
Fundraising Expenses $0
Program Expenses $218,279
Other Expenses $18,633
TOTAL EXPENSES $218,279

Year-over-Year Comparison

2024 2023 Change
Revenue $245,748 $239,245 +0.0%
Expenses $218,279 $233,741 -0.1%
Net Income $27,469 $5,504 +4.0%
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

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Governance

Voting Members
5
Independent Members
N/A
Employees
1
Volunteers
5

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
0
$0
Total Directors
5
$26,000
Key Employees
1
$26,000
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Ingrid Olson Executive Director/President 25
Director Key Emp Highest
$26,000 $0 $26,000
Benjamin Tramm Board Member, Secretary, Vice-President 0.5
Director
$0 $0 $0
Dick Augustine Board Member 0.5
Director
$0 $0 $0
Abigail Gordon Board Member, Treasurer 1
Director
$0 $0 $0
Evyn Thompson Board Member 0.5
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 $245,748 $218,279 $60,752 $27,469
2023 $239,245 $233,741 $33,283 $5,504
2022 $231,267 $232,826 $24,893 $-1,559
2021 $230,991 $248,371 $25,900 $-17,380
2020 $243,979 $215,973 $42,670 $28,006
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