African Solutions to African Problems (EIN 364562653) - 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

2004

Legal Domicile

Principal Officer

SAMUEL HOFFMAN

Phone

5188216332

Tax Period

2024-03-01 to 2025-02-28

African Solutions to African Problems, founded in 2004, is a micro nonprofit in the Education sector that reported $54K in total revenue in fiscal year 2024. Revenue surged 90% from the prior year, signaling strong growth momentum.

Mission

PROMOTE COMM. DEVELOP FOR POOR AND NEEDY PEOPLE

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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 $53,978

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $53,978

Expense Breakdown

Grants Paid $50,576

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $50,576

Other Expenses $3,250

TOTAL EXPENSES $53,826

Year-over-Year Comparison

	2024	2023	Change
Revenue	$53,978	$28,410	+0.9%
Expenses	$53,826	$34,268	+0.6%
Net Income	$152	$-5,858	-1.0%

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

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
PATRICIA DLAMINI	CHAIR OF BOARD	1.00	Officer Director	$0	$0	$0
SUSAN CREWE	TRUSTEE	1.00	Director	$0	$0	$0
MBALI THUBISI	VICE CHAIR	1.00	Director	$0	$0	$0
MUNYA NDOROMVA	TREASURER	1.00	Officer Director	$0	$0	$0
ZITA LLOYD	TRUSTEE	1.00	Director	$0	$0	$0
SAMUEL HOFFMAN	TRUSTEE	1.00	Director	$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
2025	$53,978	$53,826	$3,012	$152
2024	$28,410	$34,268	$3,085	$-5,858
2023	$25,826	$30,235	$9,168	$-4,409
2022	$23,136	$30,274	$13,127	$-7,138
2021	$9,408	$3,206	$20,264	$6,202
2020	$10,322	$18,105	$14,062	$-7,783
2019	$46,983	$45,476	$21,844	$1,507

African Solutions to African Problems