ERITREAN ASSOCIATION IN GREATER SEATTLE (EIN 911703201) - Form 990 Financial Analysis & Trantor Score

🔒

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

Financial Trends

Organization Details

Formation Year

1995

Legal Domicile

Principal Officer

Efrem Mehari

Phone

2066229180

Tax Period

2024-01-01 to 2024-12-31

ERITREAN ASSOCIATION IN GREATER SEATTLE, founded in 1995, is a community nonprofit in the Human Services sector that reported $2.4M in total revenue in fiscal year 2024. Revenue surged 75% from the prior year, signaling strong growth momentum. The organization ran a surplus of $476K, a strong 20% operating margin.

Mission

Community Services

🔒

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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $2,360,455

Program Service Revenue $0

Investment Income $33

Other Revenue $6,890

TOTAL REVENUE $2,367,378

Expense Breakdown

Grants Paid $0

Salaries & Benefits $817,836

Fundraising Expenses $61,685

Program Expenses $1,750,697

Other Expenses $1,027,858

TOTAL EXPENSES $1,891,627

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,367,378	$1,350,088	+0.8%
Expenses	$1,891,627	$1,473,882	+0.3%
Net Income	$475,751	$-123,794	-4.8%

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

Governance

Voting Members

Independent Members

Employees

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

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Efrem Mehari	President	1.00	Officer	$0	$0	$0
Almaz Ghebremichael	Secretary	1.00	Officer	$0	$0	$0
Meaza Zehaie	Treasurer	1.00	Officer	$0	$0	$0
Medhane Sebhatu	Vice President	1.00	Officer	$0	$0	$0
Tekel Berhane	Member	1.00	Director	$0	$0	$0
Tsige Gebregergish	Member	1.00	Director	$0	$0	$0
Negasi Gebrehiwot	Member	1.00	Director	$0	$0	$0
Benyam Stephanos	Member	1.00	Director	$0	$0	$0
Workinesh Tianen	Member	1.00	Director	$0	$0	$0
Bemnet Tesfamariam	Member	1.00	Director	$0	$0	$0
Belainesh Habtay	Member	1.00	Director	$0	$0	$0
Tekeste M Wolday	Member	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	$2,367,378	$1,891,627	$3,155,468	$475,751
2023	$1,350,088	$1,473,882	$2,769,176	$-123,794
2023	$1,336,358	$1,473,882	$2,755,446	$-137,524
2022	$1,352,754	$1,476,942	$2,927,949	$-124,188
2021	$1,395,374	$927,337	$3,179,246	$468,037
2020	$982,135	$963,693	$2,699,848	$18,442
2019	$400,727	$475,203	$2,558,826	$-74,476
2018	$357,434	$385,679	$2,631,089	$-28,245

ERITREAN ASSOCIATION IN GREATER SEATTLE