OROMIA MEDIA NETWORK

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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

Principal Officer

DEJENE ITCHA

Phone

6122260340

Tax Period

2023-01-01 to 2023-12-31

OROMIA MEDIA NETWORK, founded in 2014, is a small nonprofit in the International Affairs sector that reported $207K in total revenue in fiscal year 2023. Revenue fell 54% from the prior year — a significant decline worth monitoring. Expenses of $406K exceeded revenue, resulting in a 96% operating deficit.

Mission

THE OROMIA MEDIA NETWORK (OMN) IS AN INDEPENDENT, NONPROFIT NEWS ENTERPRISE WHOSE MISSION IS TO PRODUCE ORIGINAL AND CITIZEN-DRIVEN REPORTING ON OROMIA, THE LARGEST AND MOST POPULOUS STATE IN ETHIOPIA. OMN SEEKS TO OFFER THOUGHT-PROVOKING, CONTEXTUAL, AND NUANCED COVERAGE OF CRITICAL PUBLIC INTEREST ISSUES THEREBY BRINGING MUCH NEEDED ATTENTION TO UNDER-REPORTED STORIES IN THE REGION. OUR GOAL IS TO CREATE A STRONG AND SUSTAINABLE MULTILINGUAL NEWSROOM THAT WILL SERVE AS A RELIABLE SOURCE OF INFORMATION ABOUT THE OROMO PEOPLE, THE ETHIOPIAN STATE, AND THE GREATER HORN OF AFRICA REGION.

Program Service Accomplishments

Program 1

Expenses: $337,801 Revenue: $40,827

TO PROVIDE DAILY NEWS COVERAGE ABOUT THE OROMO PEOPLE, THE ETHIOPIAN STATE AND THE GREATER HORN OF AFRICA REGION. CREATE AWARENESS OF WHAT'S HAPPENING IN ETHIOPA. BROADCAST INFORMATION REGARDING...

TO PROVIDE DAILY NEWS COVERAGE ABOUT THE OROMO PEOPLE, THE ETHIOPIAN STATE AND THE GREATER HORN OF AFRICA REGION. CREATE AWARENESS OF WHAT'S HAPPENING IN ETHIOPA. BROADCAST INFORMATION REGARDING REFUGEE AND IMMIGRANT AFFAIRS.

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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 $166,013

Program Service Revenue $40,827

Investment Income $0

Other Revenue $0

TOTAL REVENUE $206,840

Expense Breakdown

Grants Paid $0

Salaries & Benefits $21,065

Fundraising Expenses $13,520

Program Expenses $337,801

Other Expenses $385,080

TOTAL EXPENSES $406,145

Year-over-Year Comparison

	2023	2022	Change
Revenue	$206,840	$453,919	-0.5%
Expenses	$406,145	$636,286	-0.4%
Net Income	$-199,305	$-182,367	+0.1%

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

Employees

Volunteers

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
AHMED GELCHU	MEMBER	2.00	Director	$0	$0	$0
DEMISSEW EJARA	MEMBER	2.00	Director	$0	$0	$0
ISSA ULO	MEMBER	2.00	Director	$0	$0	$0
BERHANU TEMESGEN	MEMBER	2.00	Director	$0	$0	$0
GUTU OLANA WAYESSA	SECRETARY	3.00	Officer Director	$0	$0	$0
NURU SAID	MEMBER	2.00	Director	$0	$0	$0
BEKELE GEBREMARIAM	MEMBER	2.00	Director	$0	$0	$0
KITABA MAGARSA	CHAIRPERSON	2.00	Officer Director	$0	$0	$0
SUFIAN WEISE	MEMBER	2.00	Director	$0	$0	$0
ANGATU BALCHA	MEMBER	2.00	Director	$0	$0	$0
LEYLA ABAWARI	MEMBER	2.00	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
2024	No data	No data	No data	No data
2023	$206,840	$406,145	$125,818	$-199,305
2022	$453,919	$636,286	$363,582	$-182,367
2021	$691,697	$806,474	$535,178	$-114,777
2020	$466,566	$609,011	$680,313	$-142,445
2019	$771,521	$332,129	$894,918	$439,392
2018	$665,393	$739,434	$753,832	$-74,041