HOUSTON CHAPTER AKWA IBOM STATE ASSOCIATION OF NIGERIA USA INC (EIN 760596671) - 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

ANIEDI AKPAN

Phone

7133972810

Tax Period

2021-01-01 to 2021-12-31

HOUSTON CHAPTER AKWA IBOM STATE ASSOCIATION OF NIGERIA USA INC, founded in 2011, is a micro nonprofit in the Human Services sector that reported $43K in total revenue in fiscal year 2021. Revenue grew 15% year-over-year, indicating healthy expansion. The organization ran a surplus of $15K, a strong 36% operating margin.

Mission

The Organization's mission is to promote and enhance scholarship and cultural pursuit of educational excellence, Unity, and Economic self-sufficiency of the indigenes of Akwa Ibom State. To promote Cultural, National as well as Intercontinental consciousness among Akwa Ibom Indigenes in Houston, Texas & United States.

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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 (2021)

Revenue Breakdown

Contributions & Grants $42,762

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $42,762

Expense Breakdown

Grants Paid $9,600

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $17,346

Other Expenses $17,730

TOTAL EXPENSES $27,330

Year-over-Year Comparison

	2021	2020	Change
Revenue	$42,762	$37,164	+0.2%
Expenses	$27,330	$32,128	-0.1%
Net Income	$15,432	$5,036	+2.1%

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

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
Victor Oboh	Director	1	Director	$0	$0	$0
Mac Udoh	Director	1	Director	$0	$0	$0
Cogo U Owor Esq	Director	1	Director	$0	$0	$0
Christian MNsemp	Director	1	Director	$0	$0	$0
Margaret Itauma	Director	1	Director	$0	$0	$0
Aniedi Akpan	President	2		$0	$0	$0
Caroline Ikelle	Vice President	2	Officer	$0	$0	$0
Emefiok Ekwo	Secretary	2	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
2021	$42,762	$27,330	$123,994	$15,432
2020	$37,164	$32,128	$119,093	$5,036

HOUSTON CHAPTER AKWA IBOM STATE ASSOCIATION OF NIGERIA USA INC