AFRICAN RADIO MINISTRIES INC

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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

2014

Legal Domicile

Principal Officer

YVONNE ANGAROLA

Phone

7022995024

Tax Period

2024-01-01 to 2024-12-31

AFRICAN RADIO MINISTRIES INC, founded in 2014, is a small nonprofit in the Religion sector that reported $609K in total revenue in fiscal year 2024. Revenue surged 558% from the prior year, signaling strong growth momentum. Expenses of $567K left a modest 7% surplus.

Mission

THE PURPOSE AND MISSION OF HOPE AND CARE OUTREACH IS SERVING LIBERIAS MOST VULNERABLE INDIVIDUALS. OUR VISION IS TO EMPOWERG GODS CHILDREN TO GROW AND LIVE ABUNDANTLY BY SHARING, EQUIPING, AND LOVE.

Program Service Accomplishments

Program 1

Expenses: $325,448

HOME TO ORPHANS PROGRAM SERVING 75 KIDS IN TWO HOMES PROVIDING THEIR DAILY NEEDS. CHRISTIAN EDUCATION IS PROVIDED FROM NURSERY THROUGH COLLEGE LEVEL. THIS INCLUDES MEDICAL NEEDS AND CLOTHING.

Program 2

Expenses: $88,062

AFFICAN RADIO MINISTRIES - IN ETHIOPIA AND LIBERIA RADIO PASTORS PREACH LIVE IN 7 DIALETCS. LUTHERAN PASTORS VISIT LISTENERS TO PREACH AND TEACH WHILE LISTENERS INVITE THEIR VILLAGES.

Program 3

Expenses: $77,653

CHRISTIAN EDUCATION WITH THE OPERATION OF FOUR SCHOOLS SERVING AN ADDITIONAL 1200 STUDENTS IN COMMUNITIES WHERE WE ARE ALREADY SERVING ORPHANS.

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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 $628,441

Program Service Revenue $0

Investment Income $63

Other Revenue $-19,900

TOTAL REVENUE $608,604

Expense Breakdown

Grants Paid $468,112

Salaries & Benefits $35,483

Fundraising Expenses $0

Program Expenses $491,163

Other Expenses $63,794

TOTAL EXPENSES $567,389

Year-over-Year Comparison

	2024	2023	Change
Revenue	$608,604	$92,504	+5.6%
Expenses	$567,389	$102,300	+4.5%
Net Income	$41,215	$-9,796	-5.2%

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

Volunteers

250

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	Role	Reportable Comp	Other Comp	Total
JULIE BUUCK	DIRECTOR	Director	$0	$0	$0
LINDA KURTZ	DIRECTOR	Director Key Emp	$0	$0	$0
YVONNE ANGAROLA	PRESIDENT	Officer	$0	$0	$0
KIMBERLY ARKENS	SECRETARY	Officer	$0	$0	$0
DEREK BLESSING	TREASURER	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	$608,604	$567,389	$444,057	$41,215