HORN OF AFRICA COMMUNITY OF NORTH AMERICA (EIN 330696380) - 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

2003

Legal Domicile

Principal Officer

ABDI MOHAMOUD

Phone

6195592970

Tax Period

2024-07-01 to 2025-06-30

HORN OF AFRICA COMMUNITY OF NORTH AMERICA, founded in 2003, is a community nonprofit in the Human Services sector that reported $1.2M in total revenue in fiscal year 2024. Revenue fell 29% from the prior year — a significant decline worth monitoring. Expenses of $1.5M exceeded revenue, resulting in a 29% operating deficit.

Mission

To provide services and facilitate the assimilation and merge of the Somalian community into the larger stream of the United States of America. Services include cultural education, social classes, sheltering information, skill instructions and translation assitance and services

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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 $1,196,777

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $1,196,777

Expense Breakdown

Grants Paid $0

Salaries & Benefits $678,731

Fundraising Expenses $0

Other Expenses $871,046

TOTAL EXPENSES $1,549,777

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,196,777	$1,693,011	-0.3%
Expenses	$1,549,777	$1,392,270	+0.1%
Net Income	$-353,000	$300,741	-2.2%

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

N/A

Independent Members

N/A

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

$90,000

Total Directors

$90,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ABDI MOHAMOUD	DIRECTOR	40.00	Officer Director	$90,000	$0	$90,000

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
2025	$1,196,777	$1,546,999	$885,599	$-350,222
2025	$1,196,777	$1,549,777	$885,599	$-353,000
2024	$1,693,011	$1,392,270	$1,232,317	$300,741
2023	$1,853,586	$1,659,448	$931,477	$194,138
2022	$850,781	$626,597	$758,951	$224,184
2021	$673,583	$556,246	$476,754	$117,337
2020	$570,625	$403,740	$359,417	$166,885
2019	$450,043	$487,031	$175,216	$-36,988

HORN OF AFRICA COMMUNITY OF NORTH AMERICA