FRIENDS OF EDTF INC

EIN: 832100439 501(c)(3) Human Services

Plano, TX

Total Revenue
$381,260
Total Expenses
$1,126,445
Total Assets
$4,913,272
Net Assets
$4,913,272
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2018
Legal Domicile
TX
Phone
6469196609
Tax Period
2025-01-01 to 2025-12-31

FRIENDS OF EDTF INC, founded in 2018, is a small nonprofit in the Human Services sector that reported $381K in total revenue in fiscal year 2025. Revenue fell 21% from the prior year — a significant decline worth monitoring. Expenses of $1.1M exceeded revenue, resulting in a 195% operating deficit.

Mission

Friends of EDTF Inc FEDTF is established to mobilize voluntary contributions from the Ethiopian Diaspora and others who wish to support ("FEDTF") to fund the Ethiopian Diaspora Trust Fund EDTF in Ethiopia that will finance people-focused social and economic development projects in various regions of Ethiopia.

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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 (2025)

Revenue Breakdown

Contributions & Grants $150,774
Program Service Revenue $0
Investment Income $230,486
Other Revenue $0
TOTAL REVENUE $381,260

Expense Breakdown

Grants Paid $668,355
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $1,126,445
Other Expenses $458,090
TOTAL EXPENSES $1,126,445

Year-over-Year Comparison

2025 2024 Change
Revenue $381,260 $481,962 -0.2%
Expenses $1,126,445 $839,196 +0.3%
Net Income $-745,185 $-357,234 +1.1%
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

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Liquidity & Cash Position

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Governance

Voting Members
13
Independent Members
13
Employees
N/A
Volunteers
75

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
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LULITE EJIGU CHAIRMAN 5
Officer
$0 $0 $0
BIRUH TESFA WORKENEH MD TREASURER 5
Officer
$0 $0 $0
ELIAS WONDIMU MEMBER 1
$0 $0 $0
LEMMA SENBET Phd MEMBER 1
$0 $0 $0
MULUEMEBET CHEKOL HUNEGNAW MEMBER 1
$0 $0 $0
TESFAYE DESALEGNE Phd MEMBER 1
$0 $0 $0
TAMIRU BELAYNEH MEMBER 1
$0 $0 $0
SOLOMON SEYOUM MEMBER 1
$0 $0 $0
YODIT BENALFEW MD MEMBER 1
$0 $0 $0
WOLDE TADESSE Phd MEMBER 1
$0 $0 $0
BELAYNESH HAILEMARIAM MEMBER 1
$0 $0 $0
MESSAY GESSESSE MEMBER 1
$0 $0 $0
TEEMT BERHANU BEKELE MEMBER 1
$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
2025 $381,260 $1,126,445 $4,913,272 $-745,185
2024 $481,962 $839,196 $5,725,965 $-357,234
2023 $465,987 $192,106 $6,083,199 $273,881
2022 $775,318 $252,939 $5,809,318 $522,379
2021 $932,451 $783,834 $5,286,939 $148,617
2020 $1,845,900 $2,054,848 $5,138,321 $-208,948
2019 $4,462,109 $43,273 $5,347,269 $4,418,836
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