Association Des Akans Inc (EIN 331092810) - 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

1999

Legal Domicile

Principal Officer

Kassi Haunath

Phone

2017636969

Tax Period

2020-01-01 to 2020-12-31

Association Des Akans Inc, founded in 1999, is a micro nonprofit that reported $14K in total revenue in fiscal year 2020. Revenue decreased 7% compared to the prior year. The organization ran a surplus of $2K, a strong 16% operating margin.

Mission

To assist other in the community . To forester unity within the Akans community both at home and abroad Help with funerals of family members, assist sick and homeless members

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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 (2020)

Revenue Breakdown

Contributions & Grants $14,340

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $14,340

Expense Breakdown

Grants Paid $12,023

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $0

TOTAL EXPENSES $12,023

Year-over-Year Comparison

	2020	2019	Change
Revenue	$14,340	$15,360	-0.1%
Expenses	$12,023	$14,952	-0.2%
Net Income	$2,317	$408	+4.7%

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

N/A

Employees

N/A

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

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Kassi Haunath	President	10.00	Officer	$0	$0	$0
Francis Koblan	Vice President	10.00	Officer	$0	$0	$0
Kouao B Ekra	Officer	10.00	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
2020	$14,340	$12,023	No data	$2,317

Association Des Akans Inc