Ande Foundation Inc

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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

2020

Legal Domicile

Principal Officer

Andemichael I Tesfazion

Phone

9042941107

Tax Period

2021-01-01 to 2021-12-31

Ande Foundation Inc, founded in 2020, is a micro nonprofit that reported $720 in total revenue in fiscal year 2021.

Mission

Our Non-Profit formation is for the purpose of raising funds in order to build 1 or more schools in the Town of Duken, Ethiopia.

Program Service Accomplishments

Program 1

Partly due to the pandemic, we were not able to begin earnest efforts for receiving contributions or fund raising during the 2021 Tax Year Filing period. We did receive 1 check from a contributor in the amount of 720.00. We have decided that this is not a good time for trying to build schools in a foreign country and am closing the foundation at this time. The director has decided to look towards retirement.

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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 (2021)

Revenue Breakdown

Contributions & Grants $720

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $720

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $720

TOTAL EXPENSES $720

Year-over-Year Comparison

	2021	2020	Change
Revenue	$720	N/A	N/A
Expenses	$720	N/A	N/A
Net Income	$0	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

Governance

Voting Members

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Andemichael I Tesfazion	President/Director	N/A	Officer Director	$0	$0	$0
Alganesh T Mengistu	Vice-President	N/A	Officer	$0	$0	$0
Rebeka A Johns	Secretary	N/A	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	$720	$720	No data	No data
2020	No data	No data	No data	No data