ETHIOPIA EDUCATION INITIATIVES INC (EIN 815480515) - 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

Phone

9172733846

Tax Period

2024-07-01 to 2025-06-30

ETHIOPIA EDUCATION INITIATIVES INC, founded in 2016, is a community nonprofit in the Education sector that reported $2.4M in total revenue in fiscal year 2024. Revenue fell 52% from the prior year — a significant decline worth monitoring. Expenses of $2.1M left a modest 11% surplus.

Mission

TO PROVIDE QUALITY EDUCATIONAL OPPORTUNITIES FOR TALENTED STUDENTS IN ETHIOPIA.

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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 $1,522,659

Program Service Revenue $434,494

Investment Income $330,443

Other Revenue $101,530

TOTAL REVENUE $2,389,126

Expense Breakdown

Grants Paid $0

Salaries & Benefits $445,589

Fundraising Expenses $11,751

Program Expenses $1,923,083

Other Expenses $1,691,780

TOTAL EXPENSES $2,137,369

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,389,126	$4,944,613	-0.5%
Expenses	$2,137,369	$2,314,414	-0.1%
Net Income	$251,757	$2,630,199	-0.9%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ANDREA SPINNER	HEAD OF SCHOOL	40.00		$150,000	$0	$150,000
REBECCA G HAILE	Director	30.00	Officer Director	$0	$0	$0
JEAN E MANAS	Director	5.00	Director	$0	$0	$0
HELEN MESFIN	Director	2.00	Director	$0	$0	$0
LIBEN HAILU	Director	2.00	Director	$0	$0	$0
ALEESHA TAYLOR	Director	2.00	Director	$0	$0	$0
MIMI ALEMAYEHOU	Director	2.00	Director	$0	$0	$0
ANNE MELVIN	Director	2.00	Director	$0	$0	$0
BENJAMIN WILLIAMS	Director	2.00	Director	$0	$0	$0
CAROLINE BROWN	Director	2.00	Officer Director	$0	$0	$0
ELIZABETH NEGA	Director	2.00	Director	$0	$0	$0
EZANA BOCRESION	Director	2.00	Director	$0	$0	$0
KELLEY MURPHY	Director	2.00	Director	$0	$0	$0
SOSSINA HAILE	Director	2.00	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
2025	$2,389,126	$2,137,369	$15,775,908	$251,757
2024	$4,944,613	$2,314,414	$15,441,317	$2,630,199
2023	$1,544,561	$2,074,778	$12,636,504	$-530,217
2022	$1,940,785	$1,709,923	$13,067,135	$230,862
2021	$1,829,842	$1,291,036	$12,863,190	$538,806
2020	$6,184,513	$297,969	$12,259,621	$5,886,544
2019	$5,550,959	$133,347	$6,280,892	$5,417,612
2018	$659,419	$73,107	$803,857	$586,312

ETHIOPIA EDUCATION INITIATIVES INC