RAHOBOT ERITREAN CHURCH OF CHARLOTT

EIN: 475180534 501(c)(3)

Charlotte, NC

Total Revenue
$191,520
Total Expenses
$178,026
Total Assets
$2,085,759
Net Assets
$1,205,759
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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
2015
Legal Domicile
NC
Tax Period
2025-01-01 to 2025-12-31

RAHOBOT ERITREAN CHURCH OF CHARLOTT, founded in 2015, is a small nonprofit that reported $192K in total revenue in fiscal year 2025. Expenses of $178K left a modest 7% surplus.

Mission

CHURCH ACTIVITY

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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 (2025)

Revenue Breakdown

Contributions & Grants $191,505
Program Service Revenue $0
Investment Income $15
Other Revenue $0
TOTAL REVENUE $191,520

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $178,026
Other Expenses $178,026
TOTAL EXPENSES $178,026

Year-over-Year Comparison

2025 2024 Change
Revenue $191,520 N/A N/A
Expenses $178,026 N/A N/A
Net Income $13,494 N/A N/A
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
N/A
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
1
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ADHANOM ASGEDOM 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
2025 $191,520 $178,026 $2,085,759 $13,494
2024 $206,481 $84,672 $2,077,265 $121,809
2023 $226,451 $44,992 No data $181,459
2022 $379,263 $89,991 No data $289,272
2021 $172,959 $65,528 $563,047 $107,431
2020 $119,763 $51,661 $455,616 $68,102
2019 $157,699 $69,327 $387,828 $88,372
2018 $116,604 $55,744 $299,456 $60,860
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