TIGREAN COMMUNITY ASSOCIATION (EIN 911590853) - 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

1992

Legal Domicile

Principal Officer

FITSUM-BIRHAN BEYENE

Phone

2063288307

Tax Period

2023-01-01 to 2023-12-31

TIGREAN COMMUNITY ASSOCIATION, founded in 1992, is a small nonprofit in the Community Improvement sector that reported $143K in total revenue in fiscal year 2023. Revenue decreased 15% compared to the prior year. Net assets of $666K represent 56 months of operating reserves.

Mission

COMMUNITY SERVICES

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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 $0

Program Service Revenue $79,422

Investment Income $0

Other Revenue $63,650

TOTAL REVENUE $143,072

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $151,724

Other Expenses $151,724

TOTAL EXPENSES $151,724

Year-over-Year Comparison

	2023	2022	Change
Revenue	$143,072	$168,723	-0.2%
Expenses	$151,724	$77,230	+1.0%
Net Income	$-8,652	$91,493	-1.1%

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	Hours/Week	Role	Reportable Comp	Other Comp	Total
FITSUM-BIRHAN BEYENE	CHAIRMAN	1.00	Director	$0	$0	$0
MOHAMMED ABDULKADIR	VICE-CHAIRMAN	1.00	Director	$0	$0	$0
DESTA T ALEMAYEHU	PUBLIC RELATIONS #1	1.00	Director	$0	$0	$0
ZAFU ARAGAI	PUBLIC RELATIONS #2	1.00	Director	$0	$0	$0
HIALE G HSILU	TREASURER	1.00	Director	$0	$0	$0
TEKESTE ABRHAM	SECRETARY	1.00	Director	$0	$0	$0
ELIZABETH ASEGEHEGNE	FINANCIAL OFFICER	1.00	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	$143,072	$151,724	$742,599	$-8,652
2022	$168,723	$77,230	$772,428	$91,493
2021	$133,543	$93,874	$818,595	$39,669
2020	$90,391	$74,555	$788,137	$15,836
2019	$89,216	$60,983	$789,134	$28,233
2018	$63,578	$79,759	$783,545	$-16,181

TIGREAN COMMUNITY ASSOCIATION