Indaba Education Fund Inc DBA Inda… - Form 990 Financial Data

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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

Phone

2122435757

Tax Period

2019-01-01 to 2019-12-31

Indaba Education Fund Inc DBA Indaba Foundation, founded in 2014, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $408K in total revenue in fiscal year 2019. Revenue fell 28% from the prior year — a significant decline worth monitoring. Expenses of $619K exceeded revenue, resulting in a 51% operating deficit.

Mission

Indaba Education Fund, Inc. ("IEF") concentrates its efforts on the early childhood educational needs in the Winelands region of South Africa.

Program Service Accomplishments

Program 1

Expenses: $541,861

Grant Giving - Training AcademyFunding for operating the Training Academy which includes the cost of trainers, classroom space rental, catering and accommodations, classroom materials, administrative support, upgrades to the academy facilities and funding for pre and primary school operations.

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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 (2019)

Revenue Breakdown

Contributions & Grants $408,381

Program Service Revenue $0

Investment Income $107

Other Revenue $0

TOTAL REVENUE $408,488

Expense Breakdown

Grants Paid $541,861

Salaries & Benefits $33,973

Fundraising Expenses $16,422

Program Expenses $541,861

Other Expenses $33,541

TOTAL EXPENSES $618,549

Year-over-Year Comparison

	2019	2018	Change
Revenue	$408,488	$565,827	-0.3%
Expenses	$618,549	$380,991	+0.6%
Net Income	$-210,061	$184,836	-2.1%

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

$33,973

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JESS SCHULSCHENK	SEC & TREAS	2.00	Officer	$33,973	$0	$33,973
FABIO FICANO	Director	2.00	Director	$0	$0	$0
ANDRE SHEARER	President	2.00	Officer Director	$0	$0	$0
NICO REDELINGUYS	Director	2.00	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
2019	$408,488	$618,549	$180,266	$-210,061
2018	$565,827	$380,991	$347,689	$184,836

Indaba Education Fund Inc DBA Indaba Foundation