BASIC INSTITUTE FOR ZONAL AFRICAN ADVANCEMENT

EIN: 463937283 501(c)(3) Education

MAPLE GROVE, MN

Total Revenue
$389,392
Total Expenses
$345,192
Total Assets
$195,133
Net Assets
$193,153
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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
MN
Principal Officer
OKEY ANYANWU
Phone
6123067779
Tax Period
2024-01-01 to 2024-12-31

BASIC INSTITUTE FOR ZONAL AFRICAN ADVANCEMENT, founded in 2014, is a small nonprofit in the Education sector that reported $389K in total revenue in fiscal year 2024. Revenue grew 16% year-over-year, indicating healthy expansion. Expenses of $345K left a modest 11% surplus.

Mission

END CHILD TRAFFICKING ONCE AND FOR ALL BY PROVIDING EDUCATION AND JOB PLACEMENT ASSISTANCE TO AT-RISK AFRICAN YOUTH.

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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 $383,720
Program Service Revenue $0
Investment Income $2,245
Other Revenue $3,427
TOTAL REVENUE $389,392

Expense Breakdown

Grants Paid $311,800
Salaries & Benefits $0
Fundraising Expenses $6,790
Program Expenses $320,169
Other Expenses $33,392
TOTAL EXPENSES $345,192

Year-over-Year Comparison

2024 2023 Change
Revenue $389,392 $335,431 +0.2%
Expenses $345,192 $337,512 +0.0%
Net Income $44,200 $-2,081 -22.2%
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

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Governance

Voting Members
7
Independent Members
7
Employees
N/A
Volunteers
20

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
4
$0
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
OKEY ANYANWU FOUNDER/ PRESIDENT 20.00
Officer Director
$0 $0 $0
TERRY PROVO MISSION TRIP COORDINATOR 8.00
Director
$0 $0 $0
TREVOR LAMBERT BOARD CHAIR 1.00
Officer Director
$0 $0 $0
SHELLEY NIELSON SECRETARY 1.00
Officer Director
$0 $0 $0
MARK WEGNER BOARD MEMBER 1.00
Director
$0 $0 $0
TOM LEHMANN BOARD MEMBER 1.00
Director
$0 $0 $0
CARL CRIMMINS TREASURER 1.00
Officer 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
2024 $389,392 $345,192 $195,133 $44,200
2023 $335,431 $337,512 $149,063 $-2,081
2022 $331,151 $322,227 $151,237 $8,924
2021 $389,053 $293,654 $142,308 $95,399
2020 $251,166 $230,471 $46,778 $20,695
2019 $277,404 $322,252 $26,026 $-44,848
2018 $295,423 $247,408 $70,884 $48,015
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