TransAfrican Development Inc (EIN 611583739) - 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

2011

Legal Domicile

Principal Officer

Victor Ndando-Ngoo

Phone

7132928739

Tax Period

2024-01-01 to 2024-12-31

TransAfrican Development Inc, founded in 2011, is a community nonprofit in the International Affairs sector that reported $2.1M in total revenue in fiscal year 2024. Revenue grew 10% year-over-year, indicating healthy expansion.

Mission

Provided supervised living facilities for adults , participated in UTHealth Community Health Assessment Spring, Summer, and Fall projects and sponsored AEDA Mental Health training and Psychiatric clinic, Nursing institute in Cameroon

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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 $0

Program Service Revenue $2,083,243

Investment Income $0

Other Revenue $0

TOTAL REVENUE $2,083,243

Expense Breakdown

Grants Paid $0

Salaries & Benefits $359,657

Fundraising Expenses $0

Program Expenses $2,066,388

Other Expenses $1,746,291

TOTAL EXPENSES $2,105,948

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,083,243	$1,899,768	+0.1%
Expenses	$2,105,948	$1,661,984	+0.3%
Net Income	$-22,705	$237,784	-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

Governance

Voting Members

N/A

Independent Members

N/A

Employees

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

$4,500

Total Directors

Key Employees

$126,372

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
OFFIONG GLOVER	BOARD PRESIDENT	2	Officer	$1,500	$0	$1,500
Christina Ford	TRUSTEE	2	Officer	$1,500	$0	$1,500
OLA ENEME-TORIMIRO	SECRETARY	2	Officer	$1,500	$0	$1,500
VICTOR NDANDO-NGOO	KEY EMPLOYEE	40	Key Emp	$126,372	$0	$126,372

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	$2,083,243	$2,105,948	$1,232,107	$-22,705
2023	$1,899,768	$1,661,984	$1,163,008	$237,784
2022	$1,677,082	$1,450,885	$1,071,605	$226,197
2021	$1,201,118	$976,252	$829,819	$224,866
2020	$1,297,473	$964,518	$432,256	$332,955
2019	$683,892	$633,521	$56,851	$50,371
2018	$91,066	$129,261	$29,498	$-38,195

TransAfrican Development Inc