HANDS WITH ETHIOPIA INC

EIN: 833213016 501(c)(3) Philanthropy & Grantmaking

CAMBRIDGE, MA

Total Revenue
$212,130
Total Expenses
$60,937
Total Assets
$164,744
Net Assets
$164,744
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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
2019
Legal Domicile
MA
Phone
6179539077
Tax Period
2021-01-01 to 2021-12-31

HANDS WITH ETHIOPIA INC, founded in 2019, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $212K in total revenue in fiscal year 2021. Revenue surged 1562% from the prior year, signaling strong growth momentum. The organization ran a surplus of $151K, a strong 71% operating margin.

Mission

The specific purpose for which the corporation is initially organized is to engage in a broad range of activities to benefit local and foreign communities, promote health, education, and development, provide charitable and humanitarian services and to also engage in activities which are necessary, suitable or convenient for the accomplishment of that purpose, or which are incidental thereto or connected therewith which are consistent with Section 501(c)(3) of the Internal Revenue Code.This corporation is organized and operated exclusively for charitable purposes within the meaning of Section 501(c)(3), Internal Revenue Code.

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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 (2021)

Revenue Breakdown

Contributions & Grants $212,130
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $212,130

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $60,937
Other Expenses $60,937
TOTAL EXPENSES $60,937

Year-over-Year Comparison

2021 2020 Change
Revenue $212,130 $12,763 +15.6%
Expenses $60,937 N/A N/A
Net Income $151,193 $12,763 +10.8%
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
N/A
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
0
$0
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ASHEBIR GEZMU President 0.00
Director
$0 $0 $0
VICTORIA LANDERS Vice President 0.00
Director
$0 $0 $0
YEMISRACH KIBRET Treasurer 0.00
Director
$0 $0 $0
YARED TIBEBU Secretary 0.00
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
2021 $212,130 $60,937 $164,744 $151,193
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