AKWA IBOM STATE ASSOC OF NIGERIA USA INC (EIN 521557391) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1988

Legal Domicile

Principal Officer

EMMANUEL AKPAN

Phone

3177174728

Tax Period

2025-01-01 to 2025-12-31

AKWA IBOM STATE ASSOC OF NIGERIA USA INC, founded in 1988, is a small nonprofit that reported $416K in total revenue in fiscal year 2025. Revenue surged 158% from the prior year, signaling strong growth momentum. The organization ran a surplus of $85K, a strong 21% operating margin.

Mission

TO PROMOTE, ENCOURAGE AND FOSTER UNITY AMONG THE CITIZENS OF AKWA IBOM STATE OF NIGERIA, BOTH AT HOME AND ABROAD. PROMOTE ECONOMIC, EDUCATIONAL, CULTURAL, SCIENTIFIC AND SOCIAL PROGRESS OF AKWA IBOM STATE WITHIN NIGERIA.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $415,967

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $415,967

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $330,552

TOTAL EXPENSES $330,552

Year-over-Year Comparison

	2025	2024	Change
Revenue	$415,967	$161,489	+1.6%
Expenses	$330,552	$139,608	+1.4%
Net Income	$85,415	$21,881	+2.9%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
N/A	TREASURER	020.00	Officer Director	$0	$0	$0
N/A	CHAIRMAN	020.00	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
2025	$415,967	$330,552	$85,415	$85,415
2024	$161,489	$139,608	$21,881	$21,881
2023	$249,355	$277,206	$-27,851	$-27,851
2022	$156,634	$188,821	$-32,187	$-32,187
2021	$212,045	$138,479	$28,562	$73,566
2020	$90,580	$98,801	$-8,221	$-8,221
2019	$237,022	$251,152	$-7,065	$-14,130
2018	$145,161	$143,109	$2,052	$2,052

AKWA IBOM STATE ASSOC OF NIGERIA USA INC