LEBAWI FOUNDATION INC (EIN 851966626) - 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

2020

Legal Domicile

Principal Officer

KALKIDAN MEKONNEN

Phone

2125823236

Tax Period

2023-01-01 to 2023-12-31

LEBAWI FOUNDATION INC, founded in 2020, is a micro nonprofit in the Education sector that reported $52K in total revenue in fiscal year 2023. Expenses of $206K exceeded revenue, resulting in a 293% operating deficit.

Mission

PROVIDE FUNDING TO THE LEBAWI INTERNATIONAL ACADEMY FOR SCHOLARSHIPS FOR STUDENTS LOCATED IN ADDIS PROVIDE FUNDING TO THE LEBAWI INTERNATIONAL ACADEMY FOR SCHOLARSHIPS FOR STUDENTS LOCATED IN ADDIS ABABA, ETHIOPIA.LEBAWI FOUNDATION, INC. WILL NOT ONLY PROVIDE SCHOLARSHIPS BUT ALSO SUPPORT THE SCHOOL. WE PLAN TO HELP THEM SETTING UP COMPUTER LABS, SCIENCE LABS, ETC.

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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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $52,464

Other Revenue $0

TOTAL REVENUE $52,464

Expense Breakdown

Grants Paid $203,796

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $203,796

Other Expenses $2,235

TOTAL EXPENSES $206,031

Year-over-Year Comparison

	2023	2022	Change
Revenue	$52,464	N/A	N/A
Expenses	$206,031	$5,319	+37.7%
Net Income	$-153,567	$-5,319	+27.9%

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

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KALKIDAN MEKONNEN	PRESIDENT	2.50	Officer Director	$0	$0	$0
KASSAHUN KEBEDE	TREASURER	2.50	Officer Director	$0	$0	$0
NOAH SAMARA	DIRECTOR	2.50	Director	$0	$0	$0
HADDIS TADESSE	DIRECTOR	2.50	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	No data	No data	No data	No data
2023	$52,464	$206,031	$1,799,605	$-153,567
2022	No data	$5,319	$1,950,529	No data
2021	$150	$194,807	$1,955,848	$-194,657
2020	$2,400,600	$250,095	$2,150,505	$2,150,505

LEBAWI FOUNDATION INC