NAWAWI ACADEMY

EIN: 475438910 501(c)(3)

MINNEAPOLIS, MN

Total Revenue
$1,193,384
Total Expenses
$1,175,696
Total Assets
$31,598
Net Assets
$26,013
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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
MN
Principal Officer
ABDIKADIR MIRE
Tax Period
2021-01-01 to 2021-12-31

NAWAWI ACADEMY, founded in 2015, is a community nonprofit that reported $1.2M in total revenue in fiscal year 2021. Revenue surged 14235% from the prior year, signaling strong growth momentum.

Mission

PROVIDING EDUCATIONAL PROGRAM, WEEKEND PROGRAM AND NUTRITION SERVICE FOR CHILDREN AND THEIR FAMILIES IN THE TWIN CITIES.

Program Service Accomplishments

Program 1
Expenses: $872,623

WE WERE ABLE TO RECRUIT THREE SITES AND SERVE A SIGNIFICANT AMOUNT OF MEALS TO HUNGRY CHILDREN THROUGHTOUT MN DURING THE COVID-19 SHUT DOWNS.

Program 2
Expenses: $269,959

WE PROVIDED VIRTUAL ACADEMIC PROGRAMS DURING THE COVID-19 PERIOD WITH PARTHNERSHIP WITH OTHER NON-PROFIT ORGANIZATIONS.

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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 (2021)

Revenue Breakdown

Contributions & Grants $1,193,384
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $1,193,384

Expense Breakdown

Grants Paid $269,959
Salaries & Benefits $62,067
Fundraising Expenses $0
Program Expenses $1,142,582
Other Expenses $843,670
TOTAL EXPENSES $1,175,696

Year-over-Year Comparison

2021 2020 Change
Revenue $1,193,384 $8,325 +142.3%
Expenses $1,175,696 N/A N/A
Net Income $17,688 $8,325 +1.1%
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

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Governance

Voting Members
4
Independent Members
1
Employees
2
Volunteers
5

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
4
$59,947
Total Directors
4
$59,947
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ABDIKADIR MIRE EXECUTIVE DIRECTOR 40.00
Officer Director
$23,200 $0 $23,200
GULED MOHAMUD BOARD CHAIR 10.00
Officer Director
$18,547 $0 $18,547
AHMED ABDI SECRETARY 10.00
Officer Director
$18,200 $0 $18,200
MUHAMED CALI TREASURER 10.00
Officer 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
2021 $1,193,384 $1,175,696 $31,598 $17,688
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