MEDHANE-ALEM ERITREAN ORTHODOX TEWHADO CHURCH

EIN: 820704451 501(c)(3) Religion

CARY, NC

Total Revenue
$42,491
Total Expenses
$49,063
Total Assets
N/A
Net Assets
N/A
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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
2018
Legal Domicile
NC
Principal Officer
MICAEL YOHANIS
Phone
9192928307
Tax Period
2023-01-01 to 2023-12-31

MEDHANE-ALEM ERITREAN ORTHODOX TEWHADO CHURCH, founded in 2018, is a micro nonprofit in the Religion sector that reported $42K in total revenue in fiscal year 2023. Revenue fell 40% from the prior year — a significant decline worth monitoring. Expenses of $49K exceeded revenue, resulting in a 15% operating deficit.

Mission

Church And church activities

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $42,481
Program Service Revenue $0
Investment Income $10
Other Revenue $0
TOTAL REVENUE $42,491

Expense Breakdown

Grants Paid $0
Salaries & Benefits $31,189
Fundraising Expenses $0
Other Expenses $17,874
TOTAL EXPENSES $49,063

Year-over-Year Comparison

2023 2022 Change
Revenue $42,491 $71,067 -0.4%
Expenses $49,063 $44,471 +0.1%
Net Income $-6,572 $26,596 -1.2%
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

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Governance

Voting Members
N/A
Independent Members
N/A
Employees
N/A
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
0
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MICAEL YOHANIS VICE CHAERMAN 000.00
$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
2023 $42,491 $49,063 No data $-6,572
2022 $71,067 $44,471 $126,608 $26,596
2021 $92,370 $39,069 No data $53,301
2020 $52,316 $14,686 $46,703 $37,630
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