AFRICAN DIASPORA DEVELOPMENT INSTITUTE

EIN: 461602976 501(c)(3) Health Care

GALLATIN, TN

Total Revenue
$234,864
Total Expenses
$234,864
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
2020
Legal Domicile
TN
Principal Officer
DOCTOR ARIKANA CHIHOMBORI
Phone
6155047177
Tax Period
2024-01-01 to 2024-12-31

AFRICAN DIASPORA DEVELOPMENT INSTITUTE, founded in 2020, is a small nonprofit in the Health Care sector that reported $235K in total revenue in fiscal year 2024. Revenue surged 374% from the prior year, signaling strong growth momentum.

Mission

TO BRING AFRICA TOTHE WORLD AND THE WORLD TO AFRICA BY CREATING CENTRALIZED ENTITY WHERE DIASPORA CAN ACCESS INFORMATION ABOUT THE CONTINENT

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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 (2024)

Revenue Breakdown

Contributions & Grants $234,864
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $234,864

Expense Breakdown

Grants Paid $0
Salaries & Benefits $88,040
Fundraising Expenses $6,954
Other Expenses $146,824
TOTAL EXPENSES $234,864

Year-over-Year Comparison

2024 2023 Change
Revenue $234,864 $49,513 +3.7%
Expenses $234,864 $183,218 +0.3%
Net Income $0 $-133,705 -1.0%
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
3
Independent Members
N/A
Employees
1
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
1
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DR ARIKANA CHIBOMBORI CHIEF EXECUTIVE OFFICER 40
Director
$0 $0 $0
BENSON KASUE TREASURER 7
$0 $0 $0
DAMIAN C COOK VICE PRESIDENT 30
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 $234,864 $234,864 No data No data
2023 $49,513 $183,218 No data $-133,705
2021 $329,289 $334,989 No data $-5,700
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