GLOBAL REFUGEE SOLUTIONS INC

EIN: 825459794 501(c)(3) International Affairs

AURORA, CO

Total Revenue
$80,818
Total Expenses
$89,487
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
CO
Principal Officer
NIGUSE BEYEN
Phone
7205792224
Tax Period
2023-01-01 to 2023-12-31

GLOBAL REFUGEE SOLUTIONS INC, founded in 2018, is a micro nonprofit in the International Affairs sector that reported $81K in total revenue in fiscal year 2023. Expenses of $89K exceeded revenue, resulting in a 11% operating deficit.

Mission

THE ORGANIZATION IS FOR CHARITABLE EDUCATIONAL AND SCIENTIFIC PURPOSES AND TO PROMOTE SOCIAL WELFARE BY CREATING SOLUTIONS TO ADDRESS THE CAUSE OF THE REFUGEE CRISIS.

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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 $0
Program Service Revenue $0
Investment Income $0
Other Revenue $80,818
TOTAL REVENUE $80,818

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $85,448
Other Expenses $89,487
TOTAL EXPENSES $89,487

Year-over-Year Comparison

2023 2022 Change
Revenue $80,818 N/A N/A
Expenses $89,487 N/A N/A
Net Income $-8,669 N/A 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
1
Independent Members
1
Employees
N/A
Volunteers
1

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
$29,077
Total Directors
0
$0
Key Employees
1
$23,981
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
NEGUSE BEYEN EXECUTIVE DIRECTOR 40.00
Officer
$0 $0 $29,077
HAILESELASSIE BALCHA ADMIN 30.00
Key Emp
$0 $0 $23,981
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
2024 No data No data No data No data
2023 $80,818 $89,487 No data $-8,669
2022 $21,646 $9,146 $12,500 $12,500
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