TIGRAY COMMUNITY OF MINNESOTA

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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

2012

Legal Domicile

Principal Officer

ABRAHAM TESFAY

Phone

6513009449

Tax Period

2023-01-01 to 2023-12-31

TIGRAY COMMUNITY OF MINNESOTA, founded in 2012, is a micro nonprofit in the Arts, Culture & Humanities sector that reported $75K in total revenue in fiscal year 2023. Revenue fell 22% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $15K, a strong 20% operating margin.

Mission

To promote social change through encouragement, communications and community education so as to create a well-informed community in Minnesota.

Program Service Accomplishments

Program 1

Expenses: $59,884 Revenue: $75,248

TCMN successfully planned and executed it's annual community events such as Ashenda. In addition TCMN runs kids and youth soccer and college prep programs.

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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 $75,248

Program Service Revenue $0

Investment Income $43

Other Revenue $0

TOTAL REVENUE $75,291

Expense Breakdown

Grants Paid $11,600

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $59,884

Other Expenses $48,284

TOTAL EXPENSES $59,884

Year-over-Year Comparison

	2023	2022	Change
Revenue	$75,291	$96,278	-0.2%
Expenses	$59,884	$78,894	-0.2%
Net Income	$15,407	$17,384	-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

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
ABRAHAM G TESFAY	President	4.000	Officer	$0	$0	$0
BINYAM HAGOS	Vice President	4.000	Officer	$0	$0	$0
BETHELEHEM SHEWAMENE	Treasurer I	4.000	Officer	$0	$0	$0
ABRAHA BERHE	Treasurer II	4.000	Officer	$0	$0	$0
TEMESGEN FEKADU	Public Relations	4.000	Officer	$0	$0	$0
WELDAY ABRAHA	Secretary I	4.000	Officer	$0	$0	$0
YOHANNES TSEGAY	Secretary II	4.000	Officer	$0	$0	$0
NIGISTI ABAY	Board Member	4.000	Director	$0	$0	$0
TIGIST KIDANEMARIAM	Board Member	4.000	Director	$0	$0	$0
HILUF GEBREZGI	Board Member	4.000	Director	$0	$0	$0
MERON G ABRAHA	Board Member	4.000	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
2023	$75,291	$59,884	$69,461	$15,407
2022	$96,278	$78,894	$54,481	$17,384
2021	$79,326	$81,012	$37,012	$-1,686