SOMALI COMMUNITY LINK 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

ASTAAHIL TAAKILO

Phone

6143687300

Tax Period

2024-01-01 to 2024-12-31

SOMALI COMMUNITY LINK INC, founded in 2020, is a small nonprofit in the Human Services sector that reported $763K in total revenue in fiscal year 2024. Revenue fell 39% from the prior year — a significant decline worth monitoring. Expenses of $944K exceeded revenue, resulting in a 24% operating deficit.

Mission

TRANSLATION, IMMIGRATION, LEGAL AND EMPLOYMENT ASSISTANCE FOR RECENT IMMIGRANTS FROM AFRICA.

Program Service Accomplishments

Program 1

Expenses: $94,681

PROVISION OF SERVICES TO RECENT IMMIGRANTS FROM AFRICA WHO HAVE LOCATED IN CENTRAL OHIO. SERVICES PROVIDED INCLUDE HELPING IMMIGRANTS AND LEGAL SERVICES, LOCATING SAFE AND AFFORDABLE HOUSING, AND...

PROVISION OF SERVICES TO RECENT IMMIGRANTS FROM AFRICA WHO HAVE LOCATED IN CENTRAL OHIO. SERVICES PROVIDED INCLUDE HELPING IMMIGRANTS AND LEGAL SERVICES, LOCATING SAFE AND AFFORDABLE HOUSING, AND HELPING IMMIGRANTS FIND GAINFUL EMPLOYMENT.

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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 $763,122

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $763,122

Expense Breakdown

Grants Paid $0

Salaries & Benefits $422,498

Fundraising Expenses $0

Program Expenses $94,681

Other Expenses $521,877

TOTAL EXPENSES $944,375

Year-over-Year Comparison

	2024	2023	Change
Revenue	$763,122	$1,257,046	-0.4%
Expenses	$944,375	$1,461,867	-0.4%
Net Income	$-181,253	$-204,821	-0.1%

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

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
ISTAHILO ABDIRAHMAN	TREASURER	N/A	Director	$0	$0	$0
ABDULLAHI AHMED	TRUSTEE	N/A	Director	$0	$0	$0
ABDIRUMAN DUALE	TRUSTEE	0.00	Director	$0	$0	$0
UBAH MOHAMED	SECRETARY	0.00	Director	$0	$0	$0
ABDI SHIRE NUR	CHAIRMAN	N/A	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	$763,122	$944,375	$222,644	$-181,253
2022	$2,712,656	$2,295,212	$484,467	$417,444
2021	$540,968	$474,499	$109,074	$66,469