TESFA ETHIOPIA

EIN: 833899201 501(c)(3) Education

Charlotte, NC

Total Revenue
$9,635
Total Expenses
$5,842
Total Assets
$8,072
Net Assets
$8,072
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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
NC
Principal Officer
Maheder Yohannes
Phone
7045748516
Tax Period
2021-01-01 to 2021-12-31

TESFA ETHIOPIA, founded in 2019, is a micro nonprofit in the Education sector that reported $10K in total revenue in fiscal year 2021. Revenue surged 164% from the prior year, signaling strong growth momentum. The organization ran a surplus of $4K, a strong 39% operating margin.

Mission

We empower students of Ethiopia, to foster an environment where they can thrive by bridging the gap between needs and resources.

Program Service Accomplishments

Program 1
Expenses: $1,385 Revenue: $1,385

As an organization, we sponsor students in Ethiopia that come from disadvantaged households, many of whom have lost a parent or both parents through an organization by the name of Kidus Estifanos...

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As an organization, we sponsor students in Ethiopia that come from disadvantaged households, many of whom have lost a parent or both parents through an organization by the name of Kidus Estifanos. While Tesfa Ethiopia sends funds for these students, Kidus Estifanos purchases necessary items and supplies the students with what they need to succeed.

Program 2
Expenses: $188 Revenue: $188

Tesfa Ethiopia sponsors the higher education of Nebyou Seyfe, who is studying Accounting at St. Mary's University in Addis Ababa 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 (2021)

Revenue Breakdown

Contributions & Grants $9,635
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $9,635

Expense Breakdown

Grants Paid $1,573
Salaries & Benefits $0
Fundraising Expenses $4,107
Program Expenses $1,573
Other Expenses $4,269
TOTAL EXPENSES $5,842

Year-over-Year Comparison

2021 2020 Change
Revenue $9,635 $3,643 +1.6%
Expenses $5,842 $4,406 +0.3%
Net Income $3,793 $-763 -6.0%
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
6
Independent Members
6
Employees
N/A
Volunteers
10

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
1
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Maheder Yohannes Chair 10
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
2021 $9,635 $5,842 $8,072 $3,793
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