AFRITHRIVE INC (EIN 842431077) - Form 990 Financial Analysis & Trantor Score

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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

Principal Officer

TRUPHENA CHOTI

Phone

2407061517

Tax Period

2024-01-01 to 2024-12-31

AFRITHRIVE INC, founded in 2019, is a community nonprofit in the Community Improvement sector that reported $1.1M in total revenue in fiscal year 2024. Revenue surged 89% from the prior year, signaling strong growth momentum. Expenses of $1.0M left a modest 9% surplus.

Mission

AfriThrive, Inc; provides mobile food pantry and skilled training programs. It strives to build vibrant and thriving African immigrants and minority families through access to nutritious, culturally appropriate food, skills development, and economic opportunities

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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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $1,138,043

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $1,138,043

Expense Breakdown

Grants Paid $868,580

Salaries & Benefits $0

Fundraising Expenses $35,506

Program Expenses $868,580

Other Expenses $165,126

TOTAL EXPENSES $1,033,706

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,138,043	$602,969	+0.9%
Expenses	$1,033,706	$648,395	+0.6%
Net Income	$104,337	$-45,426	-3.3%

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

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

$104,200

Total Directors

$104,200

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
TRUPHENA CHOTI	PRESIDENT & CEO	40.00	Officer Director	$104,200	$0	$104,200
KEFA OTISO	CHAIR OF THE BAORD	2.00	Director	$0	$0	$0
JANE MWEBI	SECRETARY	2.00	Director	$0	$0	$0
MARVIN ONGERA	TREASURER	2.00	Director	$0	$0	$0
JOSHUA ARIGA	BOARD MEMBER	2.00	Director	$0	$0	$0
JAMES MOGENDI	BOARD MEMBER	2.00	Director	$0	$0	$0
ROSELYN AKOMBE	BOARD MEMBER	2.00	Director	$0	$0	$0
CHANNIDA HENG	BOARD MEMBER	2.00	Director	$0	$0	$0
JEFFERSON MANDELA	BOARD MEMBER	2.00	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	$1,138,043	$1,033,706	$906,972	$104,337
2023	$602,969	$648,395	$116,187	$-45,426
2022	$971,572	$1,037,906	$161,613	$-66,334
2021	$727,092	$614,813	$227,947	$112,279
2020	$54,839	$14,269	$40,570	$40,570
2020	$208,038	$178,775	$40,570	$29,263

AFRITHRIVE INC