READ HORN OF AFRICA USA

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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

2008

Legal Domicile

Principal Officer

AHMED SUGULLE

Phone

9522176756

Tax Period

2024-01-01 to 2024-12-31

READ HORN OF AFRICA USA, founded in 2008, is a small nonprofit in the International Affairs sector that reported $154K in total revenue in fiscal year 2024. Revenue fell 52% from the prior year — a significant decline worth monitoring.

Mission

Organization provides education service and disaster relief support to those affected by natural disasters.

Program Service Accomplishments

Program 1

Expenses: $94,774

Project to support education

Program 2

Expenses: $67,994

Disaster relief support to those affected by natural disasters

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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 $153,758

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $153,758

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $162,768

Other Expenses $167,308

TOTAL EXPENSES $167,308

Year-over-Year Comparison

	2024	2023	Change
Revenue	$153,758	$319,056	-0.5%
Expenses	$167,308	$269,098	-0.4%
Net Income	$-13,550	$49,958	-1.3%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
AHMED SUGULLE	CHAIRMAN	010.00	Officer	$0	$0	$0
ABDIRIZK ABDI	EXECUTIVE DIRECTOR	010.00	Officer	$0	$0	$0
ABDIRAHMAN HASHI	TREASURER	005.00	Officer	$0	$0	$0
CISMAN HASHI	MEMBER	001.00	Officer	$0	$0	$0
CISMAN ALI	MEMBER	001.00	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
2025	No data	No data	No data	No data
2024	$153,758	$167,308	$70,993	$-13,550
2023	$319,056	$269,098	$84,543	$49,958
2022	$202,815	$357,525	$74,585	$-154,710
2021	$290,175	$106,987	$229,295	$183,188
2020	$255,657	$257,733	$46,107	$-2,076