SOMALI FAMILY SERVICE OF SAN DIEGO (EIN 912065038) - 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

2001

Legal Domicile

Principal Officer

AHMED SAHID

Tax Period

2023-07-01 to 2024-06-30

SOMALI FAMILY SERVICE OF SAN DIEGO, founded in 2001, is a community nonprofit in the Human Services sector that reported $4.8M in total revenue in fiscal year 2023. Revenue grew 20% year-over-year, indicating healthy expansion. The organization ran a surplus of $1.3M, a strong 28% operating margin.

Mission

Somali Family Service, guided by its community champions, empowers immigrants, refugees and other underserved communities in San Diego through its programs that promote health, educational and economic success, and leadership development.

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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 $4,795,169

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $4,795,169

Expense Breakdown

Grants Paid $0

Salaries & Benefits $2,480,036

Fundraising Expenses $0

Program Expenses $3,354,829

Other Expenses $974,974

TOTAL EXPENSES $3,455,010

Year-over-Year Comparison

	2023	2022	Change
Revenue	$4,795,169	$4,006,029	+0.2%
Expenses	$3,455,010	$3,373,349	+0.0%
Net Income	$1,340,159	$632,680	+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

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

$350,000

Total Directors

$679,142

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
AHMED SAHID	DIRECTOR	60.00	Officer Director	$350,000	$0	$350,000
MUSTAFA SAHID	Director of Operation	40.00	Director	$117,142	$0	$117,142
CINDY ALSOL	Office Manager	40.00	Highest	$110,990	$0	$110,990
HASSAN ABDIRAHMAN	Director of Economic Developm	40.00	Director	$106,000	$0	$106,000
NAJLA IBRAHIM	Director of Health & Wellness	40.00	Director	$106,000	$0	$106,000

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	No data	No data	No data	No data
2024	$4,795,169	$3,455,010	$2,095,053	$1,340,159
2023	$4,006,029	$3,373,349	$2,858,607	$632,680
2022	$3,294,443	$2,475,857	$2,225,927	$818,586
2021	$2,288,845	$1,493,947	$1,407,341	$794,898
2020	$1,291,253	$1,036,170	$612,443	$255,083
2019	$825,045	$698,231	$481,439	$126,814

SOMALI FAMILY SERVICE OF SAN DIEGO