ANGAZA CENTER

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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

MICHAEL ODONGO

Phone

3123801708

Tax Period

2023-01-01 to 2023-12-31

ANGAZA CENTER, founded in 2022, is a small nonprofit in the Science & Technology sector that reported $484K in total revenue in fiscal year 2023. Revenue surged 128% from the prior year, signaling strong growth momentum. The organization ran a surplus of $279K, a strong 58% operating margin.

Mission

ANGAZA INFORMATION TECHNOLOGY LITERACY CENTER (ALSO KNOWN AS ANGAZA CENTER) IS A NON-PROFIT ORGANIZATION THAT EMPOWERS STUDENTS IN RURAL AFRICAN SECONDARY AND HIGH SCHOOLS WITH INFORMATION TECHNOLOGY LITERACY THAT IS CRITICAL FOR ATTAINING ECONOMIC AND SOCIAL PROSPERITY.

Program Service Accomplishments

Program 1

Expenses: $157,501 Revenue: $483,962

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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 (2023)

Revenue Breakdown

Contributions & Grants $483,962

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $483,962

Expense Breakdown

Grants Paid $86,700

Salaries & Benefits $5,306

Fundraising Expenses $0

Program Expenses $157,501

Other Expenses $112,958

TOTAL EXPENSES $204,964

Year-over-Year Comparison

	2023	2022	Change
Revenue	$483,962	$212,089	+1.3%
Expenses	$204,964	$88,629	+1.3%
Net Income	$278,998	$123,460	+1.3%

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

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

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	Hours/Week	Role	Reportable Comp	Other Comp	Total
MICHAEL ODONGO	PRESIDENT	20.00	Director	$0	$0	$0
SEGI ODONGO	SECRETARY	10.00	Director	$0	$0	$0
TERESA ODONGO	TREASURER	10.00	Director	$0	$0	$0
MALATHY DWARAKNATH	DIRECTOR	2.00	Director	$0	$0	$0
XIAOYING CHEN	DIRECTOR	2.00	Director	$0	$0	$0
CHRISTINE ORONO	DIRECTOR	2.00	Director	$0	$0	$0
DR ERIC TWADELL	DIRECTOR	2.00	Director	$0	$0	$0
ALBERT SIGEI	DIRECTOR	2.00	Director	$0	$0	$0
DR SCOTT WARREN	DIRECTOR	2.00	Director	$0	$0	$0
DR TED GOERGEN	DIRECTOR	2.00	Director	$0	$0	$0
GARY GORDON	DIRECTOR	2.00	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	No data	No data	No data	No data
2023	$483,962	$204,964	$430,927	$278,998
2022	$88,152	$88,629	$17,922	$-477