Africa New Day Inc (EIN 320373447) - 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

2012

Legal Domicile

Tax Period

2024-01-01 to 2024-12-31

Africa New Day Inc, founded in 2012, is a community nonprofit in the International Affairs sector that reported $1.1M in total revenue in fiscal year 2024. Revenue surged 28% from the prior year, signaling strong growth momentum.

Mission

The organization's mission: Africa New Day empowers men, women, and children to become leaders in their community, equipped to tackle DR Congo's problems at the source. Their programs establish a network of knowledge and faith that spreads God's light across the nation, to bring an end to DR Congo's darkest era.

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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 $1,084,296

Program Service Revenue $0

Investment Income $241

Other Revenue $27,796

TOTAL REVENUE $1,112,333

Expense Breakdown

Grants Paid $762,438

Salaries & Benefits $132,260

Fundraising Expenses $71,098

Program Expenses $952,259

Other Expenses $244,290

TOTAL EXPENSES $1,138,988

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,112,333	$868,028	+0.3%
Expenses	$1,138,988	$1,041,672	+0.1%
Net Income	$-26,655	$-173,644	-0.8%

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

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

$122,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Harmony Brown	Director	40.00	Director	$122,000	$0	$122,000
Nathan Elson	CFO	2.00	Officer Director	$0	$0	$0
Dustin Riedel	Board Chair	2.00	Director	$0	$0	$0
Pastor Ernest Custalow	Board Member	2.00	Director	$0	$0	$0
Brian Egan	Board Member	2.00	Director	$0	$0	$0
Scott Goeden	Board Member	2.00	Director	$0	$0	$0
Carol Dobbs	Board Member	2.00	Director	$0	$0	$0
Natalie McLaughlin	Hub Chair	2.00	Director	$0	$0	$0
Shina Chei	Event Chair	2.00	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	$1,112,333	$1,138,988	$183,923	$-26,655
2023	$868,028	$1,041,672	$210,579	$-173,644
2022	$1,135,546	$1,088,997	$390,123	$46,549
2021	$876,553	$947,992	$337,656	$-71,439
2020	$991,355	$958,294	$424,951	$33,061
2019	$903,485	$812,127	$377,016	$91,358
2018	$835,733	$917,675	$286,838	$-81,942

Africa New Day Inc