AFRICA ADVANCING INC (EIN 311725286) - 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

2002

Legal Domicile

Principal Officer

MAANKA FOKWA

Phone

3233276713

Tax Period

2024-01-01 to 2024-12-31

AFRICA ADVANCING INC, founded in 2002, is a micro nonprofit in the Health Care sector that reported $98K in total revenue in fiscal year 2024. Revenue fell 27% from the prior year — a significant decline worth monitoring.

Mission

ASSISTANCE TO INDIVIDUALS AND FAMILIES OF AFRICAN ORIGIN LIVING IN AMERICA.PROVIDE EDUCATIONAL WORKSHOPS ON ACCESSING SERVICE AGENCIES. TO RAISE FUNDS FOR EXISTING RELIEF ORGANIZATION IN 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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $98,220

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $98,220

Expense Breakdown

Grants Paid $0

Salaries & Benefits $73,695

Fundraising Expenses $0

Program Expenses $98,220

Other Expenses $24,525

TOTAL EXPENSES $98,220

Year-over-Year Comparison

	2024	2023	Change
Revenue	$98,220	$134,728	-0.3%
Expenses	$98,220	$134,728	-0.3%
Net Income	$0	N/A	N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
RONALD L MORRIS D C	PRESIDENT	5	Officer	$0	$0	$0
MOZA M COOPER	SECRETARTY	8	Officer	$0	$0	$0
MANKAA FOKWA	TREASURER	15	Officer	$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	$98,220	$98,220	$1,570	No data
2023	$134,728	$134,728	$1,570	No data
2022	$61,442	$61,442	$1,570	No data
2021	$52,130	$52,130	$1,570	No data
2020	$47,767	$47,767	$1,570	No data
2019	$29,231	$29,231	$1,570	No data
2018	$37,295	$33,294	$615	$4,001

AFRICA ADVANCING INC