GROWING AFRICAN SOLUTIONS (EIN 872732041) - 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

2021

Legal Domicile

Principal Officer

Corey Duefield

Phone

4014779141

Tax Period

2022-01-01 to 2022-12-31

GROWING AFRICAN SOLUTIONS, founded in 2021, is a micro nonprofit in the International Affairs sector that reported $85K in total revenue in fiscal year 2022. Revenue fell 62% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $79K, a strong 94% operating margin.

Mission

Disseminate African solutions to local and global problems. Currently developing improved solutions to elder care for people living with chronic diseases by providing integrated affordable housing and healthcare.

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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 (2022)

Revenue Breakdown

Contributions & Grants $81,042

Program Service Revenue $0

Investment Income $0

Other Revenue $3,583

TOTAL REVENUE $84,625

Expense Breakdown

Grants Paid $450

Salaries & Benefits $1,858

Fundraising Expenses $0

Program Expenses $5,486

Other Expenses $3,178

TOTAL EXPENSES $5,486

Year-over-Year Comparison

	2022	2021	Change
Revenue	$84,625	$220,244	-0.6%
Expenses	$5,486	$14,531	-0.6%
Net Income	$79,139	$205,713	-0.6%

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

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

$438

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Hasifa Nabbanja	Treasurer	25.00	Director	$0	$438	$438
Corey Duefield	Vice President	10	Director	$0	$0	$0
Hadija Duefield	President	5	Director	$0	$0	$0
Moses Kyagulanyi	Director	2	Director	$0	$0	$0
Martin Wakeda	Secretary	5	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	$84,625	$5,486	$344,000	$79,139
2021	$220,244	$14,531	$218,457	$205,713

GROWING AFRICAN SOLUTIONS