ETHIO-EDER (EIN 943078632) - 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

1988

Legal Domicile

Principal Officer

ALEMAYEHU MULUGETA

Phone

5106632100

Tax Period

2024-01-01 to 2024-12-31

ETHIO-EDER, founded in 1988, is a micro nonprofit in the Religion sector that reported $87K in total revenue in fiscal year 2024. Revenue fell 24% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $69K, a strong 79% operating margin.

Mission

TO PROMOTE THE IMPORTANCE OF PRESERVING ETHIOPIAN TRADITION AND CULTURE WHILE PROVIDING RESPECTFUL AND DIGNIFIED BURIAL SERVICES TO THE ETHIOPIANS AND ETHIO-AMERICANS IN THE GREATER BAY AREA

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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 $87,200

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $87,200

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $14,001

Other Expenses $16,649

TOTAL EXPENSES $18,649

Year-over-Year Comparison

	2024	2023	Change
Revenue	$87,200	$114,740	-0.2%
Expenses	$18,649	$22,128	-0.2%
Net Income	$68,551	$92,612	-0.3%

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

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
ALEMAYEHU MULUGETA	PRESIDENT	2.00	Officer Director	$0	$0	$0
AFEWORK ASSEFA	SECRETARY	2.00	Officer Director	$0	$0	$0
FUAD AHMED	TREASURER	2.00	Officer Director	$0	$0	$0
HANNA TAMRAT	BOARD MEMBER	1.00	Director	$0	$0	$0
YOHANNES BENTE	BOARD MEMBER	1.00	Director	$0	$0	$0
TIGIST BELALY	BOARD 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	$87,200	$18,649	$1,037,987	$68,551
2023	$114,740	$22,128	$1,018,782	$92,612
2022	$88,250	$22,805	$976,050	$65,445
2021	$92,120	$19,638	$684,169	$72,482
2020	$96,100	$28,812	$667,413	$67,288
2019	$99,915	$28,424	$648,125	$71,491
2018	$91,090	$17,487	$629,194	$73,603

ETHIO-EDER