Somali Bantu Association of America (EIN 273390797) - 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

2011

Legal Domicile

Principal Officer

Said Abiyow

Tax Period

2023-07-01 to 2024-06-30

Somali Bantu Association of America, founded in 2011, is a community nonprofit in the Human Services sector that reported $2.5M in total revenue in fiscal year 2023. Revenue surged 54% from the prior year, signaling strong growth momentum.

Mission

SBAOA provides education, cultural, & life skills training programs in an effort to promote self-sufficiency within & among individuals & families comprising not only the Somali Bantu community, but all refugees, immigrants & low-income families & individuals in need of service.

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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 (2023)

Revenue Breakdown

Contributions & Grants $2,485,577

Program Service Revenue $13,817

Investment Income $0

Other Revenue $0

TOTAL REVENUE $2,499,394

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,405,440

Fundraising Expenses $0

Program Expenses $2,128,429

Other Expenses $1,137,812

TOTAL EXPENSES $2,543,252

Year-over-Year Comparison

	2023	2022	Change
Revenue	$2,499,394	$1,625,473	+0.5%
Expenses	$2,543,252	$1,423,900	+0.8%
Net Income	$-43,858	$201,573	-1.2%

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

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

$194,307

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Said Abiyow	CEO	40.00	Officer	$121,255	$0	$121,255
Patricia L Moore	CAO	40.00	Officer	$73,052	$0	$73,052
Mohamed Ali	Board Member	0.50	Director	$0	$0	$0
Omar Abdi	Chair	1.00	Director	$0	$0	$0
Garrett Cullen	Vice Chair	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	$2,499,394	$2,543,252	$257,666	$-43,858
2023	$1,625,473	$1,423,900	$429,588	$201,573
2022	$1,079,426	$1,115,091	$138,361	$-35,665
2021	$689,075	$697,488	$195,212	$-8,413
2020	$649,805	$600,945	$226,200	$48,860
2019	$455,942	$524,946	$113,066	$-69,004
2018	$393,384	$369,413	$50,544	$23,971

Somali Bantu Association of America