AFRICAONLINE MEDIA CORPORATION INC

EIN: 824095681 501(c)(3) Philanthropy & Grantmaking

HOUSTON, TX

Total Revenue
$144,185
Total Expenses
$143,280
Total Assets
$4,434
Net Assets
$4,434
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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
TX
Principal Officer
PAMELA FOMUNUNG
Phone
7136570456
Tax Period
2021-01-01 to 2021-12-31

AFRICAONLINE MEDIA CORPORATION INC, founded in 2018, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $144K in total revenue in fiscal year 2021. Revenue fell 43% from the prior year — a significant decline worth monitoring.

Mission

TO RAISE AWARENESS OF COMMUNITY PROBLEMS AND SOLUTIONS

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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 (2021)

Revenue Breakdown

Contributions & Grants $124,823
Program Service Revenue $19,362
Investment Income $0
Other Revenue $0
TOTAL REVENUE $144,185

Expense Breakdown

Grants Paid $0
Salaries & Benefits $96,435
Fundraising Expenses $0
Other Expenses $46,845
TOTAL EXPENSES $143,280

Year-over-Year Comparison

2021 2020 Change
Revenue $144,185 $251,439 -0.4%
Expenses $143,280 $247,910 -0.4%
Net Income $905 $3,529 -0.7%
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

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Governance

Voting Members
4
Independent Members
4
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
1
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
PAMELA FOMUNUNG CEO 30
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
2021 $144,185 $143,280 $4,434 $905
2020 $251,439 $247,910 $3,529 $3,529
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