ASSOCIATION OF FORMER MEMBERS OF THE ETHIOPIAN AIR FORCE

EIN: 800532137 Mutual Benefit

Alexanderia, VA

Total Revenue
$9,694
Total Expenses
$10,397
Total Assets
$4,685
Net Assets
$4,685
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Tuckman-Chang Vulnerability Assessment

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Financial Trends

Organization Details

Formation Year
1992
Legal Domicile
VA
Principal Officer
Berhanu Mola
Phone
7033712695
Tax Period
2020-01-01 to 2020-12-31

ASSOCIATION OF FORMER MEMBERS OF THE ETHIOPIAN AIR FORCE, founded in 1992, is a micro nonprofit in the Mutual Benefit sector that reported $10K in total revenue in fiscal year 2020. Revenue fell 31% from the prior year — a significant decline worth monitoring.

Mission

Helping the members of association during their difficulties ,and Promote friendship, cooperation, and mutual assistance among the members of the association.

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2020)

Revenue Breakdown

Contributions & Grants $9,694
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $9,694

Expense Breakdown

Grants Paid $0
Salaries & Benefits $300
Fundraising Expenses $0
Program Expenses $10,397
Other Expenses $502
TOTAL EXPENSES $10,397

Year-over-Year Comparison

2020 2019 Change
Revenue $9,694 $14,071 -0.3%
Expenses $10,397 $14,245 -0.3%
Net Income $-703 $-174 +3.0%
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

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Governance

Voting Members
N/A
Independent Members
N/A
Employees
N/A
Volunteers
2

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
1
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Berhanu Officer 0
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
2020 $9,694 $10,397 $4,685 $-703
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