McLean, VA
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)WEGENE ETHIOPIAN FOUNDATION, founded in 2002, is a small nonprofit in the International Affairs sector that reported $338K in total revenue in fiscal year 2023. Revenue surged 28% from the prior year, signaling strong growth momentum. The organization ran a surplus of $66K, a strong 19% operating margin.
Our mission is to improve the daily lives of the less fortunate and disadvantaged children and their families in Ethiopia by overcoming three critical barriers in the seemingly unbreakable poverty cycle; POOR OR NO EDUCATION, POOR HOUSING, FAMILY INSTABILITY
We continue to provide the families with food, shelter, school tuition and supplies. Because of exaggerated inflation in Ethiopia, families are finding is hard to make ends meet with the regular...
We continue to provide the families with food, shelter, school tuition and supplies. Because of exaggerated inflation in Ethiopia, families are finding is hard to make ends meet with the regular distribution. So, the Foundation has decided to buy grains, rice, oil and other necessary food supplies in bulk and distribute them quarterly to give families relief with this situation.
The knowledge center continues to serve as classroom to help students to get onsite tutoring and also give them access to computers and internet connections. The facility is also used for summer...
The knowledge center continues to serve as classroom to help students to get onsite tutoring and also give them access to computers and internet connections. The facility is also used for summer programs and trainings.
Students with potential to excel in their studies are given scholarships to private schools. Wegene partners with local private schools to help these students with their tuitions and school supplies.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $337,934 | $263,527 | +0.3% |
| Expenses | $272,200 | $184,206 | +0.5% |
| Net Income | $65,734 | $79,321 | -0.2% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Amarech Worku | Director of Fundraising Crafts | 15 |
Director
|
$0 | $0 | $0 |
| Hiwot Alemayehu | Director of Public Relations | 15 |
Director
|
$0 | $0 | $0 |
| Nini F Legesse | Executive Director | 25 |
Director
|
$0 | $0 | $0 |
| Kelemework Yimam | Director of Operations | 15 |
Director
|
$0 | $0 | $0 |
| Elizabeth Afessa | Director of Development | 15 |
Director
|
$0 | $0 | $0 |
| Hirut Gorems | Director of Finance | 15 |
Director
|
$0 | $0 | $0 |
| Sara Addisu | Director of Fundraising | 15 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | No data | No data | No data | No data |
| 2024 | $337,934 | $272,200 | $452,123 | $65,734 |
| 2023 | $263,527 | $184,206 | $384,998 | $79,321 |
| 2022 | $242,215 | $185,358 | $310,662 | $56,857 |
| 2021 | $170,613 | $112,722 | $246,145 | $57,891 |
| 2020 | $201,180 | $151,384 | $191,049 | $49,796 |
| 2019 | $148,224 | $134,475 | $142,812 | $13,749 |
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