Ethio Gospel Believers Church (EIN 463994570) - 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

Legal Domicile

Principal Officer

LEMA AZENE

Phone

7204480100

Tax Period

2023-01-01 to 2023-12-31

Ethio Gospel Believers Church is a small nonprofit in the Religion sector that reported $114K in total revenue in fiscal year 2023. Expenses of $131K exceeded revenue, resulting in a 15% operating deficit.

Mission

To establish and maintain a place of Christian worship workprayer evangelism and fellowship for all people

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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 (2023)

Revenue Breakdown

Contributions & Grants $113,791

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $113,791

Expense Breakdown

Grants Paid $0

Salaries & Benefits $51,785

Fundraising Expenses $676

Program Expenses $54,280

Other Expenses $78,834

TOTAL EXPENSES $131,295

Year-over-Year Comparison

	2023	2022	Change
Revenue	$113,791	N/A	N/A
Expenses	$131,295	N/A	N/A
Net Income	$-17,504	N/A	N/A

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

N/A

Independent Members

N/A

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
KIFLE DAMITE	BOARD MEMBER	5.000	Director	$0	$0	$0
BEKABIL JARA	BOARD MEMBER	5.000	Director	$0	$0	$0
MEKONNEN GETE	TREASURER	5.000	Director	$0	$0	$0
LEMA AZENE	LEAD PASTOR	10.00	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
2023	$113,791	$131,295	$24,983	$-17,504

Ethio Gospel Believers Church