COLORADO ETHIOPIAN COMMUNITY (EIN 455424318) - Form 990 Financial Analysis & Trantor Score

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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

2012

Legal Domicile

Principal Officer

SAMUEL GEBREMICHAEL

Phone

3039551031

Tax Period

2024-01-01 to 2024-12-31

COLORADO ETHIOPIAN COMMUNITY, founded in 2012, is a small nonprofit in the Human Services sector that reported $589K in total revenue in fiscal year 2024. Revenue grew 18% year-over-year, indicating healthy expansion. The organization ran a surplus of $155K, a strong 26% operating margin.

Mission

Colorado Ethiopian Community is a non-profit organization established to preserve, share and promote the 3000 years of Ethiopian cultural heritage. We work to support the integration of new Ethiopian Americans to contribute and enrich the cultural mosaic of United States of America. The organization also engages in community and youth empowerment programs that foster a strong and vibrant integrated community. The mission of The CEC is to enhance the quality of life of its community members through individual and family services, community programs and partnership with other organizations

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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 $589,322

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $589,322

Expense Breakdown

Grants Paid $0

Salaries & Benefits $88,392

Fundraising Expenses $0

Program Expenses $393,212

Other Expenses $345,996

TOTAL EXPENSES $434,388

Year-over-Year Comparison

	2024	2023	Change
Revenue	$589,322	$500,783	+0.2%
Expenses	$434,388	$365,566	+0.2%
Net Income	$154,934	$135,217	+0.1%

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

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

$88,392

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Samuel Gebremichael	Executive President	35	Officer	$36,275	$0	$36,275
Daniel Abdella	Edir Chairman	17	Officer	$18,431	$0	$18,431
Cherinet Daba	Executive Secretary	17	Officer	$17,978	$0	$17,978
Getu Tesfaye	Edir Accountant	15	Officer	$15,708	$0	$15,708
Megersa Senbeta	Board President	1		$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	$589,322	$434,388	$799,718	$154,934
2023	$500,783	$365,566	$644,784	$135,217
2022	$221,161	$147,009	$480,747	$74,152

COLORADO ETHIOPIAN COMMUNITY