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)

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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.

Program Service Accomplishments

Program 1
Expenses: $85,202 Revenue: $0

We support the H.O.P.E. Sponsorship program of the local NGO we support. We recruit sponsors, manage their donations, and grant the donation to the NGO. In 2024 over 230 children were sponsored. The...

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We support the H.O.P.E. Sponsorship program of the local NGO we support. We recruit sponsors, manage their donations, and grant the donation to the NGO. In 2024 over 230 children were sponsored. The sponsorship funding we grant ran three project sites that offer the children a 6 day a week drop-in program. Children receive a daily meal, hygiene supplies monthly, and educational supplies for school throughout the school year, a school uniform, supplemental clothing/shoes, and medical care as needed. The funding pays for all the services to the children, it pays the facility rent for the drop-in center, and covers the salaries/expenses of running the program and having staff. Additionally, 170 more children who were unsponsored participated in the program.

Program 2
Expenses: $51,250 Revenue: $0

We support a local NGO in Addis Ababa, Ethiopia called I Care Ethiopia. We sent funding to them for their administrative use, and education, and food support. We also provided them with a grant for...

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We support a local NGO in Addis Ababa, Ethiopia called I Care Ethiopia. We sent funding to them for their administrative use, and education, and food support. We also provided them with a grant for their women's empowerment program that was used for income generating activities for women giving them training and support to find a job or start a small business. We also provided funding for them to open a free daycare center for the women to use for their children.

Program 3
Expenses: $11,500 Revenue: $0

We support a US-based 501(c)3 called Streets of Hope. They have a program in Sodo, Ethiopia. The funding we grant them goes to their 501(c)3) organization and is then transferred to their program in...

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We support a US-based 501(c)3 called Streets of Hope. They have a program in Sodo, Ethiopia. The funding we grant them goes to their 501(c)3) organization and is then transferred to their program in Ethiopia. They help over 130 vulnerable families in 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%)

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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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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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