UNITE THE WORLD WITH AFRICA FOUNDATION INC

EIN: 472329890 501(c)(3) International Affairs

Providence, RI

Total Revenue
$692,411
Total Expenses
$409,092
Total Assets
$790,517
Net Assets
$790,517
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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
RI
Principal Officer
David Wells
Phone
3142393997
Tax Period
2024-01-01 to 2024-12-31

UNITE THE WORLD WITH AFRICA FOUNDATION INC, founded in 2014, is a small nonprofit in the International Affairs sector that reported $692K in total revenue in fiscal year 2024. Revenue surged 66% from the prior year, signaling strong growth momentum. The organization ran a surplus of $283K, a strong 41% operating margin.

Mission

Mission: To provide opportunities for marginalized and impoverished women and youth in Tanzania to thrive and prosper through the provision of comprehensive education, entrepreneurship and environmental programs.

Program Service Accomplishments

Program 1
Expenses: $22,615 Revenue: $0

Grants to adult leaders creating positive change resulting in sustainable impact in their local communities.

Program 2
Expenses: $274,439 Revenue: $0

Unite Scholars program: Support the education, life skills and professional development of talented-yet-impoverished secondary and university students in Tanzania.

Program 3
Expenses: $76,376 Revenue: $0

Sustainable food program to procure organic grains from impoverished farmers, transport to a woman owned business and then mill and distribute to market.

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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 (2024)

Revenue Breakdown

Contributions & Grants $675,917
Program Service Revenue $0
Investment Income $16,494
Other Revenue $0
TOTAL REVENUE $692,411

Expense Breakdown

Grants Paid $361,422
Salaries & Benefits $0
Fundraising Expenses $7,181
Program Expenses $391,170
Other Expenses $47,670
TOTAL EXPENSES $409,092

Year-over-Year Comparison

2024 2023 Change
Revenue $692,411 $416,334 +0.7%
Expenses $409,092 $320,315 +0.3%
Net Income $283,319 $96,019 +2.0%
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
8
Independent Members
8
Employees
N/A
Volunteers
10

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
3
$0
Total Directors
8
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Anne Wells Executive Director 40
Officer Director
$0 $0 $0
David Wells Treasurer 5
Officer Director
$0 $0 $0
Katharine Merriman Secretary 1
Officer Director
$0 $0 $0
Steve Gerber Director 1
Director
$0 $0 $0
Deborah Wiley Director 2
Director
$0 $0 $0
Nicole Gorman Director 1.00
Director
$0 $0 $0
Helen Juarez Director 1
Director
$0 $0 $0
Nicole Gerber Director 2
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 $692,411 $409,092 $790,517 $283,319
2023 $416,334 $320,315 $499,886 $96,019
2022 $335,332 $300,403 $402,207 $34,929
2021 $365,810 $364,887 $366,118 $923
2020 $203,234 $214,301 $365,356 $-11,067
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