Health Professionals Network for Tigray

EIN: 861489275 501(c)(3) Health Care

Portland, OR

Total Revenue
$300,787
Total Expenses
$342,109
Total Assets
$52,615
Net Assets
$46,599
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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
2021
Legal Domicile
OR
Principal Officer
RISHAN T Desta
Tax Period
2024-01-01 to 2024-12-31

Health Professionals Network for Tigray, founded in 2021, is a small nonprofit in the Health Care sector that reported $301K in total revenue in fiscal year 2024. Revenue grew 9% year-over-year, indicating healthy expansion. Expenses of $342K exceeded revenue, resulting in a 14% operating deficit.

Mission

Improving access to healthcare The organization aims to support unmet humanitarian needs in TigrayEthiopia and beyondWe develop and implement programs and initiatives based on needs assessments conducted by health professionals and experts on the ground in Tigray and Sudan

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $300,787
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $300,787

Expense Breakdown

Grants Paid $14,320
Salaries & Benefits $0
Fundraising Expenses $5,196
Program Expenses $220,128
Other Expenses $327,789
TOTAL EXPENSES $342,109

Year-over-Year Comparison

2024 2023 Change
Revenue $300,787 $276,088 +0.1%
Expenses $342,109 $554,998 -0.4%
Net Income $-41,322 $-278,910 -0.9%
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

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Governance

Voting Members
27
Independent Members
27
Employees
N/A
Volunteers
60

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
6
$0
Total Directors
25
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
RISHAN TESFAY President 20.00
Officer Director
$0 $0 $0
AYODA WEREDE Vice President 15.00
Officer Director
$0 $0 $0
FREWOINI KIDANEMARIAM Treasurer 20.00
Officer Director
$0 $0 $0
BETSIR ZEMEN Secretary 10.00
Officer Director
$0 $0 $0
SAMUEL KIDANE Chief Operations Offic 10.00
Officer Director
$0 $0 $0
NEGASI TSEGAYE Interantional Liaison 5.00
Officer Director
$0 $0 $0
YONAS GIDEY Board Member 5.00
Director
$0 $0 $0
AZEB AREGAWI Board Member 5.00
Director
$0 $0 $0
MERON MESHESHA Board Member 5.00
Director
$0 $0 $0
SABA MAAZA Board Member 5.00
Director
$0 $0 $0
RAHEL HAILE Board Member 5.00
Director
$0 $0 $0
TIGIST REDA Board Member 5.00
Director
$0 $0 $0
SOLOMON MICHAEL Board Member 5.00
Director
$0 $0 $0
MAHLET WOLDEMARIAM Board Member 5.00
Director
$0 $0 $0
SARAH CASSIDEY-SEYOUM Board Member 5.00
Director
$0 $0 $0
TSEGA BIADEGLIGN Board Member 5.00
Director
$0 $0 $0
KAHSSAY KIDANEMARIAM Board Member 5.00
Director
$0 $0 $0
ZEWDINESH ASMELASH Board Member 5.00
Director
$0 $0 $0
MEAREG TAREKE Board Member 5.00
Director
$0 $0 $0
DUKE BURBRIDGE Board Member 5.00
Director
$0 $0 $0
AMAHA HAILE Board Member 5.00
Director
$0 $0 $0
RAHWA BERHE Board Member 5.00
Director
$0 $0 $0
LEAH BERHANE Board Member 5.00
Director
$0 $0 $0
SELA GEBREMESKEL Board Member 5.00
Director
$0 $0 $0
ASER ABRHA Board Member 5.00
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 $300,787 $342,109 $52,615 $-41,322
2023 $276,088 $554,998 $87,921 $-278,910
2022 $805,262 $779,318 $365,771 $25,944
2021 $535,205 $197,078 $338,126 $338,127
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