SONGEAS KIDS (EIN 510649064) - 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

2007

Legal Domicile

Principal Officer

SHERIE VALDERRAMA

Phone

2022562171

Tax Period

2024-01-01 to 2024-12-31

SONGEAS KIDS, founded in 2007, is a small nonprofit in the Human Services sector that reported $343K in total revenue in fiscal year 2024. Revenue grew 16% year-over-year, indicating healthy expansion. Expenses of $313K left a modest 9% surplus.

Mission

SUPPORTING ORPHANS AND VULNERABLE CHILDREN IN SONGEA AND HOPE VILLAGE IN TANZANIA BY CREATING A SUSTAINABLE VILLAGE INCLUDING HEALTHCARE, EDUCATION, INFRASTRUCTURE AND RESIDENTIAL ORPHAN HOMES.

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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 (2024)

Revenue Breakdown

Contributions & Grants $282,493

Program Service Revenue $0

Investment Income $22,089

Other Revenue $37,994

TOTAL REVENUE $342,576

Expense Breakdown

Grants Paid $276,161

Salaries & Benefits $0

Fundraising Expenses $3,617

Program Expenses $293,016

Other Expenses $36,416

TOTAL EXPENSES $312,577

Year-over-Year Comparison

	2024	2023	Change
Revenue	$342,576	$295,615	+0.2%
Expenses	$312,577	$373,913	-0.2%
Net Income	$29,999	$-78,298	-1.4%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SHERIE VALDERRAMA	PRESIDENT	35.00	Officer	$0	$0	$0
DAVID TARDIFDOUGLIN	BOARD MEMBER	1.00	Director	$0	$0	$0
ERICA MYRICKTHOMPSON	BOARD TREASURER	2.00	Officer Director	$0	$0	$0
SUSAN FOLLMER	SECRETARY	1.00	Officer Director	$0	$0	$0
COLLEEN GREEN	BOARD CHAIR	1.00	Officer Director	$0	$0	$0
DONALD PIERCE	BOARD MEMBER	1.00	Director	$0	$0	$0
CRISPIN SILVANUS	BOARD VICE CHAIR	1.00	Officer Director	$0	$0	$0
LISA PARKINSON	BOARD MEMBER	2.00	Director	$0	$0	$0
MARIA VILLAR	BOARD MEMBER	1.00	Director	$0	$0	$0
SEAN LYONS	BOARD MEMBER	1.00	Director	$0	$0	$0
KATHERINE TILAHUN	BOARD MEMBER	1.00	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	No data	No data	No data	No data
2024	$342,576	$312,577	$411,504	$29,999
2023	$295,615	$373,913	$347,757	$-78,298
2022	$518,151	$213,238	$419,178	$304,913
2020	$170,001	$212,224	$101,080	$-42,223
2019	$214,883	$164,975	$141,960	$49,908

SONGEAS KIDS