REAL HOPE AFRICA (EIN 853542943) - 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

ZEKARIAS ASFAW

Phone

4024837512

Tax Period

2024-01-01 to 2024-12-31

REAL HOPE AFRICA, founded in 2020, is a small nonprofit that reported $154K in total revenue in fiscal year 2024. Revenue fell 41% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $33K, a strong 21% operating margin.

Mission

THE MISSION IS TO PROMOTE AND PROVIDE ACCESS TO EDUCATION, COMMUNITY DEVELOPMENT, CONFLICT RESOLUTION AND RECONCILIATION, AND TRANSFORMATION PIVOTING THE DEVELOPMENT OF LOCAL LANGUAGES AND CULTURES EACH COMMUNITY UNDERSTANDS BEST. WE ASPIRE TO SEE INDIVIDUALS AND ETHNIC MINORITY COMMUNITIES IN THE UNREACHED AMD DEVELOPING WORLD TRANSFORMED THROUGH GOD'S LOVE EXPRESSED THROUGH THESE INITIATIVES INCLUDING THE TRANSLATION OF THE BIBILE.

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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 $153,878

Program Service Revenue $0

Investment Income $7

Other Revenue $0

TOTAL REVENUE $153,885

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $118,763

Other Expenses $120,904

TOTAL EXPENSES $120,904

Year-over-Year Comparison

	2024	2023	Change
Revenue	$153,885	$258,897	-0.4%
Expenses	$120,904	$263,059	-0.5%
Net Income	$32,981	$-4,162	-8.9%

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

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
ZEKARIAS ASFAW	PRESIDENT	2.00	Officer Director	$0	$0	$0
TERFERA ENDALEW	EXECUTIVE DI	1.00	Director	$0	$0	$0
ALBERT HAWTHORNE	SECRETARY	2.00	Officer Director	$0	$0	$0
MESFIN ABRAHAM REJJI	BOARD MEMBER	1.00	Director	$0	$0	$0
GLENN A SANDFORT	TREASURER	2.00	Officer Director	$0	$0	$0
SOPHIA W SANDFORT	BOARD MEMBER	1.00	Director	$0	$0	$0
DR YALEM TESHOME	BOARD MEMBER	1.00	Director	$0	$0	$0
ALAN TUCKER	BOARD MEMBER	1.00	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	$153,885	$120,904	$34,894	$32,981
2023	$258,897	$263,059	$1,913	$-4,162

REAL HOPE AFRICA