AFRICAN COUMMUNITY ALLIANCE - AFCAL

EIN: 863655320 501(c)(3)

Gaithersburg, MD

Total Revenue
$26,713
Total Expenses
$9,038
Total Assets
$19,242
Net Assets
$19,242
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2021
Legal Domicile
MD
Principal Officer
Louis C Banag
Phone
2408133125
Tax Period
2022-01-01 to 2022-12-31

AFRICAN COUMMUNITY ALLIANCE - AFCAL, founded in 2021, is a micro nonprofit that reported $27K in total revenue in fiscal year 2022. Revenue surged 135% from the prior year, signaling strong growth momentum. The organization ran a surplus of $18K, a strong 66% operating margin.

Mission

African Community Alliance (AFCAL) is a 501(c)(3) nonprofit organization qualified for tax-exempt status that operates and is organized exclusively for charitable and educational purposes. AFCAL's mission is not only to help its members alleviate the burdens associated with unexpected and unplanned funeral costs after a loved one passes away but also to empower its members to boost their personal growth. A key objective of the African Community Alliance is to collect contributions and donations from each association/pool member and the general public and use the fund to pay for the funeral home, deduct the administrative costs, and transfer the balance to the beneficiary. In addition, AFCAL works to create and maintain a database of different associations and other groups of individuals living in North America with the aim to facilitate the repatriation and/or burial of deceased active members.

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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 (2022)

Revenue Breakdown

Contributions & Grants $26,713
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $26,713

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $8,617
Other Expenses $9,038
TOTAL EXPENSES $9,038

Year-over-Year Comparison

2022 2021 Change
Revenue $26,713 $11,390 +1.3%
Expenses $9,038 $9,823 -0.1%
Net Income $17,675 $1,567 +10.3%
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

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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
3
Independent Members
3
Employees
N/A
Volunteers
4

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
0
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Delphine O On President 20
Director
$0 $0 $0
Louis C Banag Secretary 25
Director
$0 $0 $0
Louis C Banag Director 20
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
2022 $26,713 $9,038 $19,242 $17,675
2021 $11,390 $9,823 $1,567 $1,567
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