Nko Foundation (EIN 814801713) - 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

2016

Legal Domicile

Principal Officer

Cordelia N Uddoh

Phone

2153780480

Tax Period

2023-01-01 to 2023-12-31

Nko Foundation, founded in 2016, is a small nonprofit in the International Affairs sector that reported $586K in total revenue in fiscal year 2023. Revenue surged 285% from the prior year, signaling strong growth momentum. The organization ran a surplus of $194K, a strong 33% operating margin.

Mission

To help create job opportunity in Africa especially in Nigeria via large scale farming, food processing and packaging. To help with vocational training and education with the intention of providing job skills in 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 (2023)

Revenue Breakdown

Contributions & Grants $566,305

Program Service Revenue $0

Investment Income $19,312

Other Revenue $0

TOTAL REVENUE $585,617

Expense Breakdown

Grants Paid $361,349

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $372,934

Other Expenses $30,266

TOTAL EXPENSES $391,615

Year-over-Year Comparison

	2023	2022	Change
Revenue	$585,617	$152,066	+2.9%
Expenses	$391,615	$269,511	+0.5%
Net Income	$194,002	$-117,445	-2.7%

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
Cordelia N Uddoh	President/Director	20.00	Officer Director	$0	$0	$0
Onyinye Okorji	Treasurer	10.00	Officer Director	$0	$0	$0
Nonye N Uddoh	Secretary	10.00	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	No data	No data	No data	No data
2023	$585,617	$391,615	$1,412,752	$194,002
2022	$152,066	$269,511	$1,721,748	$-117,445
2021	$1,586,163	$1,543,479	$1,839,193	$42,684
2020	$655,156	$270,038	$1,796,509	$385,118
2019	$527,416	$37,571	$1,353,283	$489,845
2018	$1,052,193	$566,302	$863,039	$485,891

Nko Foundation