MUTUTAL ASSITANCE ASSOCIATION (EIN 752048290) - 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

Principal Officer

ADDIS TIBEBU

Phone

2143219992

Tax Period

2024-01-01 to 2024-12-31

MUTUTAL ASSITANCE ASSOCIATION is a small nonprofit in the Recreation & Sports sector that reported $167K in total revenue in fiscal year 2024. Revenue decreased 8% compared to the prior year.

Mission

HARNESS THE HELPFUL SPIRIT OF COMMUNITY TO PROVIDE SOCIAL SERVICES, HELP THE NEEDY AND STRENGTHEN THE ETHIOPIAN COMMUNITY IN DFW TEXAS

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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 $194,402

Program Service Revenue $0

Investment Income $0

Other Revenue $-27,327

TOTAL REVENUE $167,075

Expense Breakdown

Grants Paid $0

Salaries & Benefits $21,192

Fundraising Expenses $0

Program Expenses $28,847

Other Expenses $150,318

TOTAL EXPENSES $171,510

Year-over-Year Comparison

	2024	2023	Change
Revenue	$167,075	$181,278	-0.1%
Expenses	$171,510	$165,147	+0.0%
Net Income	$-4,435	$16,131	-1.3%

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

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
SEIFU YIGEZU	BOARD CHAIRMAN	5	Director	$0	$0	$0
FISEHA YOHANNE	BOARD MEMEBER	5	Director	$0	$0	$0
MISRAK TASSEW	BOARD MEMBER	5	Director	$0	$0	$0
DR KEDIR SEID	BOARD MEMBER	5	Director	$0	$0	$0
GENET FURLOW	BOARD MEMBER	5	Director	$0	$0	$0
ADDIS TIBEBU	EXEC DIRECTOR	5		$0	$0	$0
AWGCHEW BIRKE	SECRETARY	5		$0	$0	$0
ESKNDIR SEYOUM	TREASURER	5		$0	$0	$0
ABEJE BELAY	ACCOUNTANT	5		$0	$0	$0
TESFAYE ASSEFA	AUDITOR	5		$0	$0	$0
TIGIST SOLOMON	PUBLIC RELATIO	5		$0	$0	$0
MESERET KEBEDE	WOMOAN AFFAIR	5		$0	$0	$0
EMEBET SAHLE	PROGRAM SRVICE	5		$0	$0	$0
MESERET KEBEDE	WOMAN AFFAIR	5		$0	$0	$0
YITAYAL WODEM	TREASURER	5		$0	$0	$0
SAMSON MENGESH	SOCIAL AFFAIR	5		$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	$167,075	$171,510	No data	$-4,435
2023	$181,278	$165,147	No data	$16,131
2022	$66,943	$81,810	No data	$-14,867
2021	$105,658	$53,217	No data	$52,441
2020	$152,228	$66,071	No data	$86,157

MUTUTAL ASSITANCE ASSOCIATION