TRUE Africa (EIN 481288238) - Form 990 Financial Analysis & Trantor Score

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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

2000

Legal Domicile

Principal Officer

Julie M Hite

Phone

8016914213

Tax Period

2025-01-01 to 2025-12-31

TRUE Africa, founded in 2000, is a small nonprofit in the Education sector that reported $371K in total revenue in fiscal year 2025. Revenue surged 23% from the prior year, signaling strong growth momentum. Expenses of $431K exceeded revenue, resulting in a 16% operating deficit.

Mission

Empower Ugandan orphans and vulnerable children by enhancing their educational conditions and opportunities through our values of cooperation sustainability optimism and volunteerism and program services of education sponsorships humanitarian sponsorships and care items improvement of student learning and school development.

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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 (2025)

Revenue Breakdown

Contributions & Grants $340,073

Program Service Revenue $0

Investment Income $31,408

Other Revenue $0

TOTAL REVENUE $371,481

Expense Breakdown

Grants Paid $401,352

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $407,228

Other Expenses $29,461

TOTAL EXPENSES $430,813

Year-over-Year Comparison

	2025	2024	Change
Revenue	$371,481	$301,037	+0.2%
Expenses	$430,813	$368,058	+0.2%
Net Income	$-59,332	$-67,021	-0.1%

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

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Steven J Hite	Founder and President	5.00	Officer	$0	$0	$0
Julie M Hite	Founder and VP Finance and Operations	20.00	Officer	$0	$0	$0
Melissa H Seager	VP - Child Welfare and Website	10.00	Officer	$0	$0	$0
Shelley H Higgins	Director - Student Learning	10.00	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
2025	$371,481	$430,813	$834,805	$-59,332
2024	$301,037	$368,058	$913,876	$-67,021
2023	$377,920	$347,016	$1,029,976	$30,904
2022	$693,734	$188,759	$975,795	$504,975
2021	$419,113	$333,233	$507,756	$85,880
2020	$448,812	$211,822	$436,428	$236,990

TRUE Africa