SOMALI HEALTH BOARD (EIN 465114580) - 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

2014

Principal Officer

AHMED ALI

Phone

2532777563

Tax Period

2023-01-01 to 2023-12-31

SOMALI HEALTH BOARD, founded in 2014, is a community nonprofit in the Human Services sector that reported $2.4M in total revenue in fiscal year 2023.

Mission

THE MISSION IS TO REDUCE HEALTH DISPARITIES OF THE SOMALI IMMIGRANTS, AND TO IMPROVE HEALTH OUTCOMES WITHIN THE COMMUNITIES.

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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 $2,238,036

Program Service Revenue $0

Investment Income $0

Other Revenue $123,385

TOTAL REVENUE $2,361,421

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,739,055

Fundraising Expenses $0

Program Expenses $2,588,179

Other Expenses $849,124

TOTAL EXPENSES $2,588,179

Year-over-Year Comparison

	2023	2022	Change
Revenue	$2,361,421	N/A	N/A
Expenses	$2,588,179	N/A	N/A
Net Income	$-226,758	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

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	Role	Reportable Comp	Other Comp	Total
AHMED ALI	Executive Dir.	Officer Director	$0	$0	$0
Mohamed Shidane	Director	Officer Director	$0	$0	$0
Kresha Abdi	Director	Officer Director	$0	$0	$0
Rahma Ahmed	Director	Officer Director	$0	$0	$0
Hana Mohamed	President	Officer	$0	$0	$0
Hussein Mberwa	Vice President	Officer	$0	$0	$0
Nicole Tiano	Treasurer	Officer	$0	$0	$0
Consuelo Marin Morris	Secretary	Officer	$0	$0	$0
Mohamed Ali	Director	Officer	$0	$0	$0
Hani Mohamed	Director	Officer	$0	$0	$0
Sarah Martin	Director	Officer	$0	$0	$0
Elhan Jama	Director	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	No data	No data	No data	No data
2023	$2,361,421	$2,588,179	$672,839	$-226,758
2022	$2,771,696	$3,579,084	$853,333	$-807,388
2021	$2,379,891	$2,225,223	$1,706,136	$154,668
2020	$1,699,102	$1,523,588	$1,061,814	$175,514
2018	$929,505	$806,638	$341,332	$122,867

SOMALI HEALTH BOARD