HAMERE BERHAN ST ABBA SAMUEL ETHIOPIAN O

EIN: 470970143 501(c)(3)

Elkwood, VA

Total Revenue
$186,844
Total Expenses
$130,018
Total Assets
$1,623,684
Net Assets
$533,825
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Financial Trends

Organization Details

Formation Year
2014
Legal Domicile
VA
Phone
7038350825
Tax Period
2023-01-01 to 2023-12-31

HAMERE BERHAN ST ABBA SAMUEL ETHIOPIAN O, founded in 2014, is a small nonprofit that reported $268K in total revenue in fiscal year 2022. The organization ran a surplus of $180K, a strong 67% operating margin.

Mission

The Monastery's mission includes, but is not limited to the following: 1. Guard and protect the Holy Church and fulfill her services, while furthering the Holy traditions of the Ethiopian Orthodox Tewahedo Church through Schools like Nebab Reading, Qedasse Liturgy, Zena Music, Quene Poetry, Metsehaf Literature Bible Studies, and fellowship. 2. Strengthen the Monastery's servers in their apostolic deeds. 3. Committed to providing its congregation with a place of worship that follows the Ethiopian Orthodox Tewahedo Church Holy Tradition 4. Expand membership and encourage worshippers to carefully understand their religion and live in Christian etiquette by the inclusion of all, both now and for all generations 5. Improve the Church's administrative duties and make the church self-sustaining. 6. Strengthen and protect the legacy of the Church and expand religious services.

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Trantor Score

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $186,844
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $186,844

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $1,800
Program Expenses $115,505
Other Expenses $130,018
TOTAL EXPENSES $130,018

Year-over-Year Comparison

2023 2022 Change
Revenue $186,844 $267,903 -0.3%
Expenses $130,018 $87,618 +0.5%
Net Income $56,826 $180,285 -0.7%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
3
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
0
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Philipos Kebede President 5.00
Director
$0 $0 $0
Abiy Alula Treasurer 5.00
Director
$0 $0 $0
Kasahun Endaylalu Secretary 5.00
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 $186,844 $130,018 $1,623,684 $56,826
2022 $267,903 $87,618 $1,587,150 $180,285
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