Ethiopian Impact Inc (EIN 822471415) - 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

2017

Legal Domicile

Principal Officer

Brett Johnson

Tax Period

2023-01-01 to 2023-12-31

Ethiopian Impact Inc, founded in 2017, is a small nonprofit in the International Affairs sector that reported $248K in total revenue in fiscal year 2023. Expenses of $398K exceeded revenue, resulting in a 61% operating deficit.

Mission

Improve socioeconomic conditions of destitute children and youth in Addis Ababa through holistic socioeconomic supports.

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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 $247,930

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $247,930

Expense Breakdown

Grants Paid $353,796

Salaries & Benefits $1,746

Fundraising Expenses $741

Program Expenses $390,326

Other Expenses $42,461

TOTAL EXPENSES $398,003

Year-over-Year Comparison

	2023	2022	Change
Revenue	$247,930	$237,346	+0.0%
Expenses	$398,003	$261,463	+0.5%
Net Income	$-150,073	$-24,117	+5.2%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Angela Correll	President	0.50	Officer Director	$0	$0	$0
Terri Richer	Director	0.50	Officer Director	$0	$0	$0
Brett Johnson	Treasurer	0.50	Officer Director	$0	$0	$0
Amy Hines	Secretary	0.50	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
2023	$247,930	$398,003	$141,052	$-150,073
2022	$237,346	$261,463	$291,125	$-24,117
2021	$246,438	$294,243	$315,242	$-47,805
2020	$337,163	$185,593	$363,047	$151,570
2019	$285,008	$172,504	$211,477	$112,504
2018	$107,089	$8,116	$98,973	$98,973

Ethiopian Impact Inc