AFRICAN ENTERPRISE INC (EIN 952275044) - 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

1962

Legal Domicile

Principal Officer

JAMIE MORRISON

Phone

5093434011

Tax Period

2024-01-01 to 2024-12-31

AFRICAN ENTERPRISE INC, founded in 1962, is a community nonprofit in the International Affairs sector that reported $1.0M in total revenue in fiscal year 2024. Revenue surged 207% from the prior year, signaling strong growth momentum.

Mission

AFRICAN ENTERPRISE EXISTS TO EVANGELIZE THE CITIES OF AFRICA THROUGH WORD AND DEED IN PARTNERSHIP WITH THE CHURCH.

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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 $903,290

Program Service Revenue $23,964

Investment Income $87,634

Other Revenue $0

TOTAL REVENUE $1,014,888

Expense Breakdown

Grants Paid $0

Salaries & Benefits $168,032

Fundraising Expenses $57,170

Program Expenses $744,008

Other Expenses $858,323

TOTAL EXPENSES $1,067,059

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,014,888	$330,615	+2.1%
Expenses	$1,067,059	$291,520	+2.7%
Net Income	$-52,171	$39,095	-2.3%

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

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

$111,250

Total Directors

$111,250

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JAMIE MORRISON	EXECUTIVE DIRECTOR	40.00	Officer Director	$100,000	$11,250	$111,250
JENN GRAFFIUS	DIRECTOR	1.00	Director	$0	$0	$0
BETSY STRAETER	DIRECTOR	1.00	Director	$0	$0	$0
WAYNE HERMAN	CHAIR	1.00	Officer Director	$0	$0	$0
REMI LAWANSON	TREASURER	1.00	Officer Director	$0	$0	$0
DENA GOODMAN	SECRETARY	1.00	Officer 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	$1,014,888	$1,067,059	$585,663	$-52,171
2023	$330,615	$291,520	$603,027	$39,095
2023	$833,404	$947,410	$561,310	$-114,006
2022	$932,966	$1,003,980	$674,306	$-71,014
2021	$884,657	$802,712	$742,972	$81,945
2020	$816,596	$800,670	$661,833	$15,926
2019	$801,675	$716,462	$650,622	$85,213
2018	$671,559	$750,088	$563,538	$-78,529
2018	$671,559	$750,088	$563,538	$-78,529

AFRICAN ENTERPRISE INC