Eritrean Community Cultural (EIN 364618639) - 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

2006

Legal Domicile

Phone

5106521991

Tax Period

2024-01-01 to 2024-12-31

Eritrean Community Cultural, founded in 2006, is a small nonprofit in the Human Services sector that reported $194K in total revenue in fiscal year 2024. Revenue surged 27% from the prior year, signaling strong growth momentum. Expenses of $267K exceeded revenue, resulting in a 37% operating deficit.

Mission

Promoted Cultural Educational technology health Sport and Ethnic Services in Our Community. Also Promote English and Eritrean Languages

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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 $171,286

Program Service Revenue $0

Investment Income $0

Other Revenue $23,207

TOTAL REVENUE $194,493

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $267,019

Other Expenses $267,019

TOTAL EXPENSES $267,019

Year-over-Year Comparison

	2024	2023	Change
Revenue	$194,493	$152,992	+0.3%
Expenses	$267,019	$162,558	+0.6%
Net Income	$-72,526	$-9,566	+6.6%

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
Girmai Teklai	Chairman	4.00	Officer	$0	$0	$0
Kesete Semere	Secretary	4.00	Officer	$0	$0	$0
Kiflay Habte	Treasurer	6.00	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	$194,493	$267,019	$1,226,510	$-72,526
2023	$152,992	$162,558	$1,271,025	$-9,566
2022	$115,563	$108,284	$1,306,189	$7,279
2021	$25,715	$147,906	$1,324,508	$-122,191
2020	$107,156	$96,262	$1,471,034	$10,894
2019	$106,258	$141,562	$1,483,196	$-35,304
2018	$201,499	$162,305	$1,540,498	$39,194

Eritrean Community Cultural