Friends of Africa Education

EIN: 412012415 501(c)(3)

Cottage Grove, MN

Total Revenue
$19,933
Total Expenses
$135,861
Total Assets
N/A
Net Assets
N/A
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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
2001
Legal Domicile
MN
Principal Officer
Robyn Moravetz
Phone
6517317994
Tax Period
2021-01-01 to 2021-12-31

Friends of Africa Education, founded in 2001, is a micro nonprofit that reported $20K in total revenue in fiscal year 2021. Revenue fell 84% from the prior year — a significant decline worth monitoring. Expenses of $136K exceeded revenue, resulting in a 582% operating deficit.

Mission

Friends of Africa Education is a non-profit organization providing AIDS orphans, other at risk children and adults access to education in sub-Saharan Africa

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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 (2021)

Revenue Breakdown

Contributions & Grants $19,922
Program Service Revenue $0
Investment Income $11
Other Revenue $0
TOTAL REVENUE $19,933

Expense Breakdown

Grants Paid $126,170
Salaries & Benefits $0
Fundraising Expenses $1,141
Program Expenses $126,170
Other Expenses $9,691
TOTAL EXPENSES $135,861

Year-over-Year Comparison

2021 2020 Change
Revenue $19,933 $123,782 -0.8%
Expenses $135,861 $67,726 +1.0%
Net Income $-115,928 $56,056 -3.1%
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
6
Independent Members
6
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
3
$0
Total Directors
6
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Keith Weber Secretary 001.50
Officer Director
$0 $0 $0
Charles Jones Board Member 002.50
Director
$0 $0 $0
Galen Britz President 003.00
Officer Director
$0 $0 $0
Robyn Moravetz Treasurer 012.50
Officer Director
$0 $0 $0
Larry Paulson Board Member 001.00
Director
$0 $0 $0
Robert Kinsella Board Member 001.00
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
2021 $19,933 $135,861 No data $-115,928
2020 $123,782 $67,726 $115,928 $56,056
2019 $103,695 $163,036 $59,872 $-59,341
2018 $131,190 $57,094 $119,213 $74,096
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