ASA DEVELOPMENT UNION INC USA (EIN 470847236) - 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

2002

Legal Domicile

Principal Officer

ENYERIBE NWEKE

Tax Period

2024-07-01 to 2025-06-30

ASA DEVELOPMENT UNION INC USA, founded in 2002, is a micro nonprofit that reported $16K in total revenue in fiscal year 2024. Revenue surged 71% from the prior year, signaling strong growth momentum. The organization ran a surplus of $6K, a strong 37% operating margin.

Mission

1. SCHOLARSHIP AWARD AND SUPPORT TO STUDENTS IN NIGERIA AFRICA. 2. PUBLIC WORKSHOP EDUCATING THE POBLIC ABOUT FROM STREET TO OFFICE.

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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 (2024)

Revenue Breakdown

Contributions & Grants $16,286

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $16,286

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $10,249

Other Expenses $10,249

TOTAL EXPENSES $10,249

Year-over-Year Comparison

	2024	2023	Change
Revenue	$16,286	$9,550	+0.7%
Expenses	$10,249	$7,000	+0.5%
Net Income	$6,037	$2,550	+1.4%

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

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
ENYINNAYA AKOMA	SECRETARY AND DIRECTOR	6.00	Director	$0	$0	$0
PATIENCE AMAUWAH	TREASURER AND DIRECTOR	4.00	Director	$0	$0	$0
NNAMDI OKORO	FINANCIAL SECRETARY AND DIRECTOR	4.00	Director	$0	$0	$0
NGOZI KANU	SOCIAL SECRETARY AND DIRECTOR	3.00	Director	$0	$0	$0
OBINNA NWAGBOSO	PROVOST AND DIRECTOR	3.00	Director	$0	$0	$0
OKECHI NWOGU	VICE PRESIDENT AND DIRECTOR	43.00	Director	$0	$0	$0
ENYERIBE NWEKE	PRESIDENT	9.00	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
2025	$16,286	$10,249	$44,565	$6,037
2024	$10,259	$10,174	$38,528	$85
2023	$8,456	$6,433	$2,023	$2,023
2022	$10,160	$2,900	$7,260	$7,260
2021	$6,666	$2,150	$4,516	$4,516
2020	$3,835	$3,335	No data	$500
2019	$4,200	$4,956	$14,670	$-756

ASA DEVELOPMENT UNION INC USA