ERITREAN AMERICAN COMMUNITY ASSOCIATION OF GA INC (EIN 582335671) - 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

2012

Legal Domicile

Principal Officer

ASGEDOM TEMELSO

Phone

4045142838

Tax Period

2024-01-01 to 2024-12-31

ERITREAN AMERICAN COMMUNITY ASSOCIATION OF GA INC, founded in 2012, is a small nonprofit in the Human Services sector that reported $314K in total revenue in fiscal year 2024. Expenses of $296K left a modest 6% surplus.

Mission

the community is focusing to provide services to all Eritreans leaving in atlanta and neighbor to integrate into america social political and economic system

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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 $314,485

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $314,485

Expense Breakdown

Grants Paid $10,500

Salaries & Benefits $57,924

Fundraising Expenses $0

Other Expenses $227,945

TOTAL EXPENSES $296,369

Year-over-Year Comparison

	2024	2023	Change
Revenue	$314,485	$303,667	+0.0%
Expenses	$296,369	$290,034	+0.0%
Net Income	$18,116	$13,633	+0.3%

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

N/A

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
YONAS ABREHA	CHAIR PERSON	20	Officer	$0	$0	$0
ASGEDOM TEMELSO	TRASURY	10	Officer	$0	$0	$0
PHILIMON MENGESTEAB	SECRETARY	10	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
2024	$314,485	$296,369	$1,004,824	$18,116
2023	$303,667	$290,034	$1,056,933	$13,633
2022	$321,367	$358,681	$1,118,542	$-37,314
2021	$228,932	$178,784	$1,256,802	$50,148
2020	$117,841	$103,914	$733,823	$13,927
2019	$168,117	$137,899	$766,776	$30,218
2018	$196,873	$151,316	$753,070	$45,557

ERITREAN AMERICAN COMMUNITY ASSOCIATION OF GA INC