AFRICAN EDUCATION OUTREACH INC

EIN: 471311797 501(c)(3) Philanthropy & Grantmaking

LADSON, SC

Total Revenue
$90,655
Total Expenses
$98,304
Total Assets
$14,616
Net Assets
$14,616
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2014
Legal Domicile
SC
Principal Officer
JAMES M WOOD
Tax Period
2023-01-01 to 2023-12-31

AFRICAN EDUCATION OUTREACH INC, founded in 2014, is a micro nonprofit in the Philanthropy & Grantmaking sector that reported $91K in total revenue in fiscal year 2023. Revenue fell 74% from the prior year — a significant decline worth monitoring.

Mission

TO CREATE AND MAINTAIN A QUALITY, WELCOMING EDUCATION K-12 CAMPUS IN NIGERIA WITH CURRICULA RELEVANT TO THE GOALS AND ASPIRATIONS OF EACH STUDENT IRRESPECTIVE OF FAITH, CREED, TRIBE, ETHNICITY, OR SOCIAL STATUS.

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $90,655
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $90,655

Expense Breakdown

Grants Paid $96,000
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $98,304
Other Expenses $2,304
TOTAL EXPENSES $98,304

Year-over-Year Comparison

2023 2022 Change
Revenue $90,655 $350,726 -0.7%
Expenses $98,304 $356,130 -0.7%
Net Income $-7,649 $-5,404 +0.4%
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

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Governance

Voting Members
11
Independent Members
11
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
11
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MICHAEL NIERMANN FUNDRAISING BOARD 0.00
Officer
$0 $0 $0
BETTY NIERMANN PROJECT MANAGER 0.00
Officer
$0 $0 $0
KURT HERBST FUNDRAISING 0.00
Officer
$0 $0 $0
JAMES MOORE FUNDRAISING 0.00
Officer
$0 $0 $0
CHRISTINA MOORE FUNDRAISING 0.00
Officer
$0 $0 $0
KAREN DURAND FUNDRAISING CHAIR 0.00
Officer
$0 $0 $0
JOHNBOSCO O IKEMEH CHAIRMAN OF BOARD VICE PRESI 0.00
Officer
$0 $0 $0
JAMES M WOOD PRESIDENT CEO CHAIR GRANT W 0.00
Officer
$0 $0 $0
TERESA WALKER TREASURER 0.00
Officer
$0 $0 $0
SAMY RUGEMA CHIEF TECHNOLOGY OFFICER 0.00
Officer
$0 $0 $0
LINDA BARANOSKI SECRETARY 0.00
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
2023 $90,655 $98,304 $14,616 $-7,649
2022 $350,726 $356,130 $22,265 $-5,404
2021 $220,024 $203,814 $27,669 $16,210
2020 $136,487 $155,624 $11,459 $-19,137
2019 $122,690 $122,587 $30,596 $103
2019 $122,690 $122,587 $30,596 $103
2018 $76,602 $3,165 $120,479 $73,437
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