ETHIOPIAN EVANGELICAL CHURCH OF MICHIGAN

EIN: 364804570 501(c)(3) Religion

Ypsilanti, MI

Total Revenue
$51,592
Total Expenses
$16,701
Total Assets
$52,959
Net Assets
$52,959
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2017
Legal Domicile
MI
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 5 people. Today, Church has over 40 adults and 20 kids provide church services: the teaching of Jesus Christ.

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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%)

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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

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Liquidity & Cash Position

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Governance

Voting Members
4
Independent Members
4
Employees
N/A
Volunteers
10

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
0
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
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
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