ETHOPIAN COMMUNITY IN MINNESOTA

EIN: 411885932 501(c)(3) International Affairs

ST PAUL, MN

Total Revenue
$253,513
Total Expenses
$173,467
Total Assets
$185,826
Net Assets
$185,826
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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
1998
Legal Domicile
MN
Principal Officer
SOLOMON ALEMU
Tax Period
2022-01-01 to 2022-12-31

ETHOPIAN COMMUNITY IN MINNESOTA, founded in 1998, is a small nonprofit in the International Affairs sector that reported $254K in total revenue in fiscal year 2022. Revenue surged 267% from the prior year, signaling strong growth momentum. The organization ran a surplus of $80K, a strong 32% operating margin.

Mission

TO PROVIDE ASSISTANCE FOR ETHOPIAN AMERICANS.

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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 (2022)

Revenue Breakdown

Contributions & Grants $253,484
Program Service Revenue $0
Investment Income $29
Other Revenue $0
TOTAL REVENUE $253,513

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $173,467
Other Expenses $173,467
TOTAL EXPENSES $173,467

Year-over-Year Comparison

2022 2021 Change
Revenue $253,513 $69,126 +2.7%
Expenses $173,467 $30,593 +4.7%
Net Income $80,046 $38,533 +1.1%
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

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Governance

Voting Members
2
Independent Members
2
Employees
N/A
Volunteers
N/A

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
1
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SOLOMON ALEMU ACCOUNTANT 1.00
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
2022 $253,513 $173,467 $185,826 $80,046
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