AVERROES PROJECT (EIN 854283602) - 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

Phone

4082061210

Tax Period

2024-01-01 to 2024-12-31

AVERROES PROJECT, founded in 2020, is a small nonprofit in the Education sector that reported $280K in total revenue in fiscal year 2024. Revenue surged 54% from the prior year, signaling strong growth momentum. The organization ran a surplus of $222K, a strong 79% operating margin.

Mission

OUR ORGANIZATION INTENDS TO WORK WITH OTHER RECOGNIZED NON-GOVERNMENTAL AGENCIES IN EUROPE TO PROMOTE DIVERSITY AND STUDENT EXCHANGE PROGRAMS.

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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 $220,000

Program Service Revenue $0

Investment Income $59,795

Other Revenue $0

TOTAL REVENUE $279,795

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $57,780

TOTAL EXPENSES $57,780

Year-over-Year Comparison

	2024	2023	Change
Revenue	$279,795	$182,014	+0.5%
Expenses	$57,780	$83,061	-0.3%
Net Income	$222,015	$98,953	+1.2%

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
EMAD AFIFI	PRESIDENT	5.00	Officer Director	$0	$0	$0
TAMER MOHAMMED ALI	VICE PRESIDENT	5.00	Officer 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	$279,795	$57,780	$1,419,250	$222,015
2023	$182,014	$83,061	$1,088,682	$98,953
2022	$100,000	$182,835	$981,890	$-82,835
2021	$373,000	No data	$1,133,010	No data
2021	$373,000	$68,285	$1,064,725	$304,715
2020	$767,510	$7,500	$760,010	$760,010

AVERROES PROJECT