ERITREAN ASSISTANCE ORGANIZATION IN CHICAGO&ENVIRO

EIN: 833234279 501(c)(3) Public & Societal Benefit

Evanston, IL

Total Revenue
$15,524
Total Expenses
$11,070
Total Assets
$4,454
Net Assets
$4,454
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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
IL
Tax Period
2020-01-01 to 2020-12-31

ERITREAN ASSISTANCE ORGANIZATION IN CHICAGO&ENVIRO, founded in 2018, is a micro nonprofit in the Public & Societal Benefit sector that reported $16K in total revenue in fiscal year 2020. The organization ran a surplus of $4K, a strong 29% operating margin.

Mission

Provide financial,material and moral support to needy Eritrean in and around Chicago;Foster cultural awareness among Eritrean children and youth and encourage engagement in sport and art;provide activites to help Eritreans succeed in education and lead a healthy life.

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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 (2020)

Revenue Breakdown

Contributions & Grants $15,524
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $15,524

Expense Breakdown

Grants Paid $10,140
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $11,070
Other Expenses $930
TOTAL EXPENSES $11,070

Year-over-Year Comparison

2020 2019 Change
Revenue $15,524 N/A N/A
Expenses $11,070 N/A N/A
Net Income $4,454 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
7
Independent Members
7
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
4
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BERHANE HAILEMICAEL MANAGEMENT 0.00
Officer
$0 $0 $0
YOHANNES BASILOS SECRETARY 0.00
Officer
$0 $0 $0
MICHAEL BAHTA PRESIDENT 0.00
Officer
$0 $0 $0
YONAS PETROS VICE PRESIDENT 0.00
Officer
$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
2020 $15,524 $11,070 $4,454 $4,454
2019 $23,305 $22,670 $635 $635
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