AID FOR E AFRICA EDUC & EVANG INC (EIN 832104528) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2018

Legal Domicile

Phone

4088592293

Tax Period

2024-01-01 to 2024-12-31

AID FOR E AFRICA EDUC & EVANG INC, founded in 2018, is a micro nonprofit in the Philanthropy & Grantmaking sector that reported $27K in total revenue in fiscal year 2024. Revenue fell 70% from the prior year — a significant decline worth monitoring. Expenses of $144K exceeded revenue, resulting in a 436% operating deficit.

Mission

TO PROVIDE PRIMARY AND SECONDARY CATHOLIC BOARDING SCHOOL EDUCATION TO CHILDREN IN EAST AFRICA.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $28,212

Program Service Revenue $0

Investment Income $-1,397

Other Revenue $0

TOTAL REVENUE $26,815

Expense Breakdown

Grants Paid $142,500

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $142,500

Other Expenses $1,180

TOTAL EXPENSES $143,680

Year-over-Year Comparison

	2024	2023	Change
Revenue	$26,815	$90,328	-0.7%
Expenses	$143,680	$178,130	-0.2%
Net Income	$-116,865	$-87,802	+0.3%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✓ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CHARLES HAAS	PRESIDENT	20.00	Officer Director	$0	$0	$0
ELLEN HAAS	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
ATHANAIUS KIKOBA	DIRECTOR	5.00	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
2024	$26,815	$143,680	$71,379	$-116,865
2023	$90,328	$178,130	$187,644	$-87,802
2022	$71,112	$212,160	$294,256	$-141,048
2021	$46,839	$81,435	$446,387	$-34,596
2020	$9,447	$25,525	$469,900	$-16,078
2019	$656,803	$170,825	$485,978	$485,978

AID FOR E AFRICA EDUC & EVANG INC