AFRICAWORKS INC

EIN: 824193528 501(c)(3)

WASHINGTON, DC

Total Revenue
N/A
Total Expenses
$8,677
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
DC
Principal Officer
THOMAS CARVER
Phone
2023651906
Tax Period
2022-01-01 to 2022-12-31

Mission

TO IMPROVE DEVELOPMENT OUTCOMES BY MOBILIZING AFRICA'S EXPERT COMMUNITY.

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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 (2022)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $0

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,678
Fundraising Expenses $0
Program Expenses $3,155
Other Expenses $6,999
TOTAL EXPENSES $8,677

Year-over-Year Comparison

2022 2021 Change
Revenue N/A $18,000 -1.0%
Expenses $8,677 $51,311 -0.8%
Net Income N/A $-33,311 N/A
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
2
$1,678
Total Directors
5
$1,678
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
THOMAS CARVER PRESIDENT & SECRETARY 20.00
Officer Director
$1,678 $0 $1,678
KAMI DAR DIRECTOR 1.00
Director
$0 $0 $0
KIDEST TITA VP & TREASURER 1.00
Officer Director
$0 $0 $0
MARGARET SULLIVAN DIRECTOR 1.00
Director
$0 $0 $0
GRACE MWAURA DIRECTOR 1.00
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
2022 No data $8,677 No data No data
2021 $18,000 $51,311 $15,109 $-33,311
2020 $30,966 $75,782 $47,228 $-44,816
2019 $267,440 $177,941 $89,749 $89,499
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