INDEPENDENT MEDIA FOR DEMOCRATIC ETHIOPIA

EIN: 851662641 501(c)(3) Arts, Culture & Humanities

ALEXANDRIA, VA

Total Revenue
$25,778
Total Expenses
$13,914
Total Assets
$11,864
Net Assets
$11,864
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Tuckman-Chang Vulnerability Assessment

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Financial Trends

Organization Details

Formation Year
2021
Legal Domicile
VA
Tax Period
2023-01-01 to 2023-12-31

INDEPENDENT MEDIA FOR DEMOCRATIC ETHIOPIA, founded in 2021, is a micro nonprofit in the Arts, Culture & Humanities sector that reported $89K in total revenue in fiscal year 2021. The organization ran a surplus of $24K, a strong 27% operating margin.

Mission

NONPROFIT ORGANAZATION MUTUAL BENEFIT COMMUNICATING BY USING TECHNOLOGY: FACEBOOK,INTERNET(WEBSITE)AND RADIO.

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Trantor Score

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $25,778
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $25,778

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $13,914
Other Expenses $13,914
TOTAL EXPENSES $13,914

Year-over-Year Comparison

2023 2022 Change
Revenue $25,778 $2,573 +9.0%
Expenses $13,914 N/A N/A
Net Income $11,864 $2,573 +3.6%
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

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Governance

Voting Members
1
Independent Members
1
Employees
1
Volunteers
5

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
MULUGETA FELEKE CEO 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
2023 $25,778 $13,914 $11,864 $11,864
2021 $89,261 $65,434 $23,827 $23,827
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