TRUST FOR THE BENEFIT OF HOLY CROSS IN WEST AFRICA (EIN 873606527) - 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

2022

Legal Domicile

Principal Officer

Brother Kenneth Haders CSC

Phone

5746314000

Tax Period

2024-07-01 to 2025-06-30

TRUST FOR THE BENEFIT OF HOLY CROSS IN WEST AFRICA, founded in 2022, is a community nonprofit in the Religion sector that reported $1.4M in total revenue in fiscal year 2024. Revenue surged 117% from the prior year, signaling strong growth momentum. The organization ran a surplus of $861K, a strong 63% operating margin.

Mission

Provide support for the charitable and religious missions of the Congregation of Holy Cross, Midwest Province.

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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 $384,500

Program Service Revenue $0

Investment Income $984,441

Other Revenue $0

TOTAL REVENUE $1,368,941

Expense Breakdown

Grants Paid $508,391

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $508,391

Other Expenses $0

TOTAL EXPENSES $508,391

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,368,941	$631,633	+1.2%
Expenses	$508,391	N/A	N/A
Net Income	$860,550	$631,633	+0.4%

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

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	Role	Reportable Comp	Other Comp	Total
Kenneth Haders	Trustee	Director	$0	$0	$0
James Spooner	Trustee	Director	$0	$0	$0
Chester Freel	Trustee	Director	$0	$0	$0
John Affum	Trustee	Director	$0	$0	$0
William Tawiah	Trustee	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
2025	$1,368,941	$508,391	$11,901,540	$860,550
2024	No data	No data	No data	No data
2023	$10,176,922	No data	$10,176,922	No data

TRUST FOR THE BENEFIT OF HOLY CROSS IN WEST AFRICA