IHSAN FOUNDATION FOR WEST AFRICA (EIN 770441551) - 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

1996

Legal Domicile

Phone

4089829133

Tax Period

2024-01-01 to 2024-12-31

IHSAN FOUNDATION FOR WEST AFRICA, founded in 1996, is a community nonprofit that reported $1.7M in total revenue in fiscal year 2024. Revenue grew 13% year-over-year, indicating healthy expansion. Expenses of $1.6M left a modest 7% surplus.

Mission

TO IMPROVE THE SOCIAL AND ECONOMIC LIVES OF THE PEOPLE OF WEST AFRICA

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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 $605,912

Program Service Revenue $1,121,695

Investment Income $0

Other Revenue $0

TOTAL REVENUE $1,727,607

Expense Breakdown

Grants Paid $74,706

Salaries & Benefits $126,832

Fundraising Expenses $48,629

Program Expenses $1,503,319

Other Expenses $1,407,307

TOTAL EXPENSES $1,608,845

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,727,607	$1,533,585	+0.1%
Expenses	$1,608,845	$1,570,577	+0.0%
Net Income	$118,762	$-36,992	-4.2%

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

Employees

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

$102,133

Total Directors

$102,133

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
AHMED BANGURA	CHAIRMAN	40.00	Officer Director	$102,133	$0	$102,133
IBRAHIM BAH	SECRETARY	10.00	Officer Director	$0	$0	$0
ABDIRAHMAN FARAH	BOARD MEMBER	10.00	Officer Director	$0	$0	$0
USAMA KHALIL	BOARD MEMBER	5.00	Director	$0	$0	$0
YUSUF MUHAMMAD AYOUB	TREASURER	5.00	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	$1,727,607	$1,608,845	$208,324	$118,762
2023	$1,533,585	$1,570,577	$89,562	$-36,992
2022	$1,318,044	$1,273,330	$125,519	$44,714
2021	$1,143,613	$1,140,394	$80,805	$3,219
2020	$820,344	$821,067	$77,586	$-723
2019	$739,267	$718,366	$78,309	$20,901
2018	$724,780	$718,383	$57,408	$6,397

IHSAN FOUNDATION FOR WEST AFRICA