AFRICAN SCHOOL FOR EXCELLENCE INC

EIN: 274892867 501(c)(3)

WASHINGTON, DC

Total Revenue
$236,828
Total Expenses
$144,163
Total Assets
$102,587
Net Assets
$51,104
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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
2013
Legal Domicile
DC
Principal Officer
COLIN SLOAND
Phone
2026427467
Tax Period
2020-01-01 to 2020-12-31

AFRICAN SCHOOL FOR EXCELLENCE INC, founded in 2013, is a small nonprofit that reported $237K in total revenue in fiscal year 2020. The organization ran a surplus of $93K, a strong 39% operating margin.

Mission

AFRICAN SCHOOL FOR EXCELLENCE IS DEVELOPING A NETWORK OF AFFORDABLE, ELITE, INDEPENDENT SECONDARY SCHOOLS IN TOWNSHIPS ACROSS AFRICA

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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 (2020)

Revenue Breakdown

Contributions & Grants $236,828
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $236,828

Expense Breakdown

Grants Paid $132,966
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $143,043
Other Expenses $11,197
TOTAL EXPENSES $144,163

Year-over-Year Comparison

2020 2019 Change
Revenue $236,828 $237,828 0.0%
Expenses $144,163 $235,289 -0.4%
Net Income $92,665 $2,539 +35.5%
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
3
Independent Members
1
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
1
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
COLIN SLOAND PRESIDENT 15.00
Officer Director
$0 $0 $0
JAMES KLOPPENBERG DIRECTOR 5.00
Director
$0 $0 $0
NONHLANHLA MASINA DIRECTOR 5.00
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
2020 $236,828 $144,163 $102,587 $92,665
2019 $237,828 $235,289 $9,396 $2,539
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