TECHNOLOGICALLY LITERATE AFRICA LIMITED (EIN 832767182) - 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

Principal Officer

NELLY CHEBOI

Phone

7738868327

Tax Period

2024-01-01 to 2024-12-31

TECHNOLOGICALLY LITERATE AFRICA LIMITED, founded in 2018, is a small nonprofit in the Human Services sector that reported $385K in total revenue in fiscal year 2024. Revenue fell 37% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $63K, a strong 16% operating margin.

Mission

TECHLIT AFRICA REDISTRIBUTES USED COMPUTERS TO TEACH DIGITAL SKILLS IN PRIMARY SCHOOLS TO DISRUPT POVERTY FOR RURAL AFRICANS WHO LACK OPPORTUNITIES TO MAKE A LIVING, BECAUSE COMPUTERS AND THE INTERNET PROVIDE GLOBAL OPPORTUNITIES.

🔒

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 $385,158

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $385,158

Expense Breakdown

Grants Paid $40,741

Salaries & Benefits $161,034

Fundraising Expenses $25,061

Program Expenses $244,667

Other Expenses $120,082

TOTAL EXPENSES $321,857

Year-over-Year Comparison

	2024	2023	Change
Revenue	$385,158	$615,051	-0.4%
Expenses	$321,857	$256,690	+0.3%
Net Income	$63,301	$358,361	-0.8%

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

Volunteers

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

$150,000

Total Directors

$150,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
NELLY J CHEBOI	CEO	40	Officer Director	$75,000	$0	$75,000
WILLIAM T CINNAMON	COO	40	Officer Director	$75,000	$0	$75,000
JANE BAHLS	CHAIR	5	Officer Director	$0	$0	$0
JACK O'DONNELL	TRUSTEE	1	Director	$0	$0	$0
BAFFOUR OSEI	TRUSTEE	1	Director	$0	$0	$0
MATT PELTON	TRUSTEE	1	Director	$0	$0	$0
CHIRAG SAVLA	TRUSTEE	1	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	$385,158	$321,857	$769,594	$63,301
2023	$615,051	$256,690	$669,699	$358,361
2022	$252,142	$110,521	$305,101	$141,621

TECHNOLOGICALLY LITERATE AFRICA LIMITED