FOUNDATION NEME INC (EIN 465366964) - 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

Legal Domicile

Principal Officer

EDOUARD ATANGANA

Phone

9564630849

Tax Period

2018-01-01 to 2018-12-31

FOUNDATION NEME INC, founded in 2014, is a micro nonprofit in the Public & Societal Benefit sector that reported $27K in total revenue in fiscal year 2018. Revenue fell 113% from the prior year — a significant decline worth monitoring.

Mission

CHILDREN EVERYWHERE HAVE DREAMS AND ASPIRATIONS. EDUCATION IS THEIR BEST STRATEGY TO MAKE THOSE DREAMS COME TRUE. BY REBUILDING AND MODERNIZING ELEMENTRY SCHOOLS IN THE RURAL AREAS OF CAMEROON, AFRICA. FOUNDATION NEME WOULD LIKE TO MAKE SCHOOL ENJOYABLE AND EFFICIENT. THE MISSION OF THE FOUNDATION IS TO BRING LIGHT CLOSER TO EVERY CHILD IN RURAL CAMEROON, AFRICA. THE SUN OF OPPORTUNITY CAN MAKE ITS LIGHT SHINE ON THOSE DARK CORNERS OF POVERTY.

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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 (2018)

Revenue Breakdown

Contributions & Grants $500

Program Service Revenue $0

Investment Income $-27,472

Other Revenue $0

TOTAL REVENUE $-26,972

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $91,454

Other Expenses $96,211

TOTAL EXPENSES $96,211

Year-over-Year Comparison

	2018	2017	Change
Revenue	$-26,972	$215,701	-1.1%
Expenses	$96,211	$109,964	-0.1%
Net Income	$-123,183	$105,737	-2.2%

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

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	Hours/Week	Role	Reportable Comp	Other Comp	Total
EDOUARD ATANGANA	PRESIDENT	5.00	Officer	$0	$0	$0
ADRIANA RODRIGUEZ	TREASURER	2.00	Officer	$0	$0	$0
SANDA Y CABRERA	SECRETARY	2.00	Officer	$0	$0	$0
SANDRA THOMAS	VICE PRESIDE	2.00	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
2018	$-26,972	$96,211	$27,253	$-123,183

FOUNDATION NEME INC