ALLAFRICA FOUNDATION (EIN 743015254) - 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

2001

Legal Domicile

Tax Period

2023-01-01 to 2023-12-31

ALLAFRICA FOUNDATION, founded in 2001, is a small nonprofit in the Education sector that reported $373K in total revenue in fiscal year 2023. Expenses of $413K exceeded revenue, resulting in a 11% operating deficit.

Mission

Focus public attention in North America and Europe,across Africa, and around the world on critical issues for African development including education; to support the growth of independent African media.

🔒

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 (2023)

Revenue Breakdown

Contributions & Grants $372,909

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $372,909

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $412,795

Other Expenses $412,795

TOTAL EXPENSES $412,795

Year-over-Year Comparison

	2023	2022	Change
Revenue	$372,909	$384,413	0.0%
Expenses	$412,795	$339,942	+0.2%
Net Income	$-39,886	$44,471	-1.9%

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

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	Role	Reportable Comp	Other Comp	Total
DR MYCHELLE FARMER	DIRECTOR	Director	$0	$0	$0
GYUDE MOORE	DIRECTOR	Director	$0	$0	$0
THEODOSIA SOWA	DIRECTOR	Director	$0	$0	$0
DR MSIA KIBONA CLARK	DIRECTOR	Director	$0	$0	$0
BERTIE HOWARD	CHAIRPERSON	Director	$0	$0	$0
JUANITA WILLIAMS	DIRECTOR	Director	$0	$0	$0
DR TAMELA HULTMAN	CEO	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
2024	No data	No data	No data	No data
2023	$372,909	$412,795	$222,076	$-39,886
2022	$384,413	$339,942	$116,952	$44,471
2021	$157,026	$358,619	$150,546	$-201,593
2020	$370,778	$176,616	$334,073	$194,162
2019	$151,890	$198,325	$80,548	$-46,435
2018	$236,854	$55,387	$206,881	$181,467

ALLAFRICA FOUNDATION