SOMALI FAMILY SAFETY TASK FORCE SO… - Form 990 Financial Data

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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

2018

Legal Domicile

Principal Officer

FARHIYA MOHAMED

Phone

2064959504

Tax Period

2023-01-01 to 2023-12-31

SOMALI FAMILY SAFETY TASK FORCE SOMALI FAMILY SAFETY TASK FORCE, founded in 2018, is a community nonprofit in the Human Services sector that reported $1.3M in total revenue in fiscal year 2023. The organization ran a surplus of $228K, a strong 18% operating margin.

Mission

To empower immigrant and refugee women and their families by providing culturally appropriate services that embody the core values of our community

Program Service Accomplishments

Program 1

Empowering women. Strengthening families

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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 $1,281,727

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $1,281,727

Expense Breakdown

Grants Paid $0

Salaries & Benefits $615,003

Fundraising Expenses $76,021

Other Expenses $439,138

TOTAL EXPENSES $1,054,141

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,281,727	$1,342,470	0.0%
Expenses	$1,054,141	$847,632	+0.2%
Net Income	$227,586	$494,838	-0.5%

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

$109,206

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
FARHIYA MOHAMED	EXECUTIVE DIRECTOR	040.00	Director	$109,206	$0	$109,206
AHOUA KONE	BOARD MEMBER	005.00		$0	$0	$0
CHELSEA BUYERS	BOARD MEMBER	005.00		$0	$0	$0
SAIDO JAMA	BOARD MEMBER	005.00		$0	$0	$0
ABDI JAMA	BOARD PRESIDENT	005.00		$0	$0	$0
RANIA MUSSA	BOARD MEMBER	005.00		$0	$0	$0
GYANENDRA SUBBA	BOARD MEMBER	005.00		$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	No data	No data	No data	No data
2023	$1,281,727	$1,054,141	$2,274,991	$227,586
2022	$1,342,470	$847,632	$2,009,886	$494,838
2021	$1,307,423	$854,456	$1,484,316	$452,967
2020	$1,157,085	$619,229	$1,002,003	$537,856
2019	$499,367	$294,414	$464,147	$204,953
2018	$372,449	$188,811	$259,194	$183,638

SOMALI FAMILY SAFETY TASK FORCE SOMALI FAMILY SAFETY TASK FORCE