ETHIOPIAN EVANGELICAL CHURCH OF MI… - Form 990 Financial Data

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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

2017

Legal Domicile

Principal Officer

Jara Tekleab

Phone

7346574688

Tax Period

2017-01-01 to 2017-12-31

ETHIOPIAN EVANGELICAL CHURCH OF MICHIGAN, founded in 2017, is a micro nonprofit in the Religion sector that reported $52K in total revenue in fiscal year 2017. Revenue surged 98% from the prior year, signaling strong growth momentum. The organization ran a surplus of $35K, a strong 68% operating margin.

Mission

The Ethiopian Evangelical church of Michigan (EECM) was established on February 2,2015 with the group of five people. Today, the Church has over forty adults and 20 kids attending our service every Sunday. We believe in the Bible scriptures from Geneses to Revolution as it is written. Our worship services are held by Ethiopian common language called "Amharic". However, we are delighted to have anyone who would like attend our services.

Program Service Accomplishments

Program 1

Expenses: $6,166 Revenue: $0

Provide Sunday service

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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 (2017)

Revenue Breakdown

Contributions & Grants $51,592

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $51,592

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $6,166

Other Expenses $16,701

TOTAL EXPENSES $16,701

Year-over-Year Comparison

	2017	2016	Change
Revenue	$51,592	$26,068	+1.0%
Expenses	$16,701	$8,000	+1.1%
Net Income	$34,891	$18,068	+0.9%

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
Adiyam Tesfaselase	Elder	10	Director	$0	$0	$0
Eyob Petros	Elder	10	Director	$0	$0	$0
Adamu Yebi	Elder	10	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
2017	$51,592	$16,701	$52,959	$34,891
2016	$26,068	$8,000	$18,068	$18,068

ETHIOPIAN EVANGELICAL CHURCH OF MICHIGAN