Priority Africa Network

EIN: 872021707 501(c)(3) Civil Rights & Advocacy

Oakland, CA

Total Revenue
$216,054
Total Expenses
$266,063
Total Assets
$286,799
Net Assets
$286,799
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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
2022
Legal Domicile
CA
Tax Period
2023-01-01 to 2023-12-31

Priority Africa Network, founded in 2022, is a small nonprofit in the Civil Rights & Advocacy sector that reported $216K in total revenue in fiscal year 2023. Expenses of $266K exceeded revenue, resulting in a 23% operating deficit.

Mission

Priority Africa Network builds intergenerational bridges within the African diaspora to advance Pan-Africanism ideals that enable an inclusive and equitable society for all people.

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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 (2023)

Revenue Breakdown

Contributions & Grants $216,052
Program Service Revenue $0
Investment Income $2
Other Revenue $0
TOTAL REVENUE $216,054

Expense Breakdown

Grants Paid $5,390
Salaries & Benefits $213,792
Fundraising Expenses $17,840
Program Expenses $198,222
Other Expenses $46,881
TOTAL EXPENSES $266,063

Year-over-Year Comparison

2023 2022 Change
Revenue $216,054 N/A N/A
Expenses $266,063 N/A N/A
Net Income $-50,009 N/A N/A
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
8
Independent Members
N/A
Employees
3
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
1
$57,722
Total Directors
1
$57,722
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MEGDELAWIT KIDANE Executive Director 0.00
Officer Director
$57,722 $0 $57,722
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 No data No data No data No data
2023 $216,054 $266,063 $286,799 $-50,009
2022 $410,914 $154,605 $326,597 $256,309
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