THE PEOPLES CLUB OF NIGERIA USA (EIN 760295123) - 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

2000

Legal Domicile

Principal Officer

HYACINTH IKEGBUNAM

Phone

8327150365

Tax Period

2023-01-01 to 2023-12-31

THE PEOPLES CLUB OF NIGERIA USA, founded in 2000, is a small nonprofit in the Arts, Culture & Humanities sector that reported $390K in total revenue in fiscal year 2023. Revenue surged 103% from the prior year, signaling strong growth momentum. Net assets of $3.2M represent 99 months of operating reserves.

Mission

PROMOTING CULTURAL AWARENESS, HEALTH AND EDUCATION.

🔒

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 $387,476

Program Service Revenue $0

Investment Income $3

Other Revenue $2,500

TOTAL REVENUE $389,979

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $126,968

Other Expenses $413,411

TOTAL EXPENSES $413,411

Year-over-Year Comparison

	2023	2022	Change
Revenue	$389,979	$192,351	+1.0%
Expenses	$413,411	$200,209	+1.1%
Net Income	$-23,432	$-7,858	+2.0%

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	Hours/Week	Role	Reportable Comp	Other Comp	Total
CHIEF HYACINTH IKEGBUNAM	PRESIDENT	010.00	Officer	$0	$0	$0
DR EVERETTE ONWUMERE	SECRETARY	005.00	Officer	$0	$0	$0
DR UCHEGBULAM EZE	BOARD MEMBER	002.00	Officer	$0	$0	$0
DR JULIUS NWADINOBI	BOARD MEMBER	002.00	Officer	$0	$0	$0
SIR CYPRIAN OBIOZOR	BOARD MEMBER	002.00	Officer	$0	$0	$0
DR JOHN ORONSAYE	BOARD MEMBER	002.00	Officer	$0	$0	$0
MR SAMUEL ONWUHARONYE	FINANCIAL SECRETARY	010.00	Officer	$0	$0	$0
DR ALPHONSUS OKPARA	BOARD MEMBER	002.00	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	No data	No data	No data	No data
2023	$389,979	$413,411	$3,222,402	$-23,432
2022	$192,351	$200,209	$3,245,834	$-7,858
2021	$151,952	$94,878	$3,253,692	$57,074
2020	$483,292	$138,991	$3,301,118	$344,301
2019	$399,028	$248,890	$2,973,118	$150,138
2018	$221,060	$128,222	$2,806,679	$92,838

THE PEOPLES CLUB OF NIGERIA USA