SCHWARZ AFRICA FUND

EIN: 883531930 501(c)(3) Education

MINNEAPOLIS, MN

Total Revenue
$218,500
Total Expenses
$107,139
Total Assets
$142,350
Net Assets
$142,350
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2022
Legal Domicile
MN
Principal Officer
DAVID WAITHAKA
Phone
6122327567
Tax Period
2024-01-01 to 2024-12-31

SCHWARZ AFRICA FUND, founded in 2022, is a small nonprofit in the Education sector that reported $218K in total revenue in fiscal year 2024. The organization ran a surplus of $111K, a strong 51% operating margin.

Mission

Funding Schwarz School education of children

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $218,495
Program Service Revenue $0
Investment Income $5
Other Revenue $0
TOTAL REVENUE $218,500

Expense Breakdown

Grants Paid $104,687
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $107,139
Other Expenses $2,452
TOTAL EXPENSES $107,139

Year-over-Year Comparison

2024 2023 Change
Revenue $218,500 N/A N/A
Expenses $107,139 N/A N/A
Net Income $111,361 N/A N/A
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
4
Independent Members
3
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
3
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DAVID WAITHAKA PRESIDENT 2.00
Officer
$0 $0 $0
MARK MORTENSON SECRETARY 1.00
Officer
$0 $0 $0
JEANETTE BOWER TRESURER 1.00
Officer
$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 $218,500 $107,139 $142,350 $111,361
Explore More Nonprofits
→Top 100 Nonprofits in Minnesota →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare SCHWARZ AFRICA FUND with other nonprofits in Minnesota and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.