METESASEB IN AMERICA MUTUAL ASSIST… - Form 990 Financial Data

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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

TADESSE ASSEN

Phone

2022907734

Tax Period

2024-01-01 to 2024-12-31

METESASEB IN AMERICA MUTUAL ASSISTANCE ASSOCIATION INC, founded in 2022, is a micro nonprofit in the Philanthropy & Grantmaking sector that reported $7K in total revenue in fiscal year 2024. Revenue fell 87% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $4K, a strong 64% operating margin.

Mission

THE MISSION IS TO PROVIDE FINANCIAL SUPPORT TO FAMILIES THAT HAVE EXPERIENCED A LOSS IN THEIR FAMILY, AND TO THOSE WHO ARE PERMANENTLY ILL IN THE COMMUNITY. COVERS MEDICAL COSTS, FUNERAL EXPENSES. ALLEVIATE FINANCIAL BURDEN.

Program Service Accomplishments

Program 1

Expenses: $2,223 Revenue: $0

PROVIDED FINANCIAL SUPPORT TO PERSONS THAT HAVE EXPERIENCED LOSS IN THEIR FAMILY.

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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 (2024)

Revenue Breakdown

Contributions & Grants $6,960

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $6,960

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $2,223

Other Expenses $2,473

TOTAL EXPENSES $2,473

Year-over-Year Comparison

	2024	2023	Change
Revenue	$6,960	$54,432	-0.9%
Expenses	$2,473	$20,989	-0.9%
Net Income	$4,487	$33,443	-0.9%

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	Reportable Comp	Other Comp	Total
TADESSE ASSEN	CHAIRMAN	N/A	$0	$0	$0
TARIKU MEKONNEN	VICE CAHIRMAN	N/A	$0	$0	$0
JEMAL AHMED	SECRETARY	N/A	$0	$0	$0
AWEL YESUF	TREASURER	N/A	$0	$0	$0
HENOK KASSA	ACCOUNTANT	N/A	$0	$0	$0
HIWOT HABTESELASE	AUDITOR	N/A	$0	$0	$0
DEREJE ABATE	MEMBER	N/A	$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
2025	No data	No data	No data	No data
2024	$6,960	$2,473	$4,487	$4,487
2023	$54,432	$20,989	No data	$33,443

METESASEB IN AMERICA MUTUAL ASSISTANCE ASSOCIATION INC