Hamsa Lomi Ethiopian Association

EIN: 990498460 Mutual Benefit

NASHVILLE, TN

Total Revenue
$310,097
Total Expenses
$179,224
Total Assets
$220,554
Net Assets
$220,554
🔒

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

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2025
Legal Domicile
TN
Principal Officer
Abdul Boulett
Phone
6153515668
Tax Period
2025-01-01 to 2025-12-31

Hamsa Lomi Ethiopian Association, founded in 2025, is a small nonprofit in the Mutual Benefit sector that reported $310K in total revenue in fiscal year 2025. The organization ran a surplus of $131K, a strong 42% operating margin.

Mission

The organization provides financial assistance for funeral and burial costs for dues paying members and loved ones of Ethiopia communities resides in Nashville, TN and sixty miles radius

🔒

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%)

Sign In — Free (10 views/day)

Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $310,097
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $310,097

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $174,606
Other Expenses $19,224
TOTAL EXPENSES $179,224

Year-over-Year Comparison

2025 2024 Change
Revenue $310,097 N/A N/A
Expenses $179,224 N/A N/A
Net Income $130,873 N/A N/A
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

Sign In

Governance

Voting Members
5
Independent Members
5
Employees
N/A
Volunteers
5

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
0
$0
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Abdul Boulett President 4.00
Director
$0 $0 $0
Teshome Ayalew Vice President 4.00
Director
$0 $0 $0
Ahmed Elias Financial Officer 4.00
Director
$0 $0 $0
Yirga Alem Treasurer 4.00
Director
$0 $0 $0
Behabtu Weldesenbet Secretary 4.00
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
2025 $310,097 $179,224 $220,554 $130,873
2024 $285,371 $196,002 $89,369 $89,369
Explore More Nonprofits
→Top 100 Nonprofits in Tennessee →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare Hamsa Lomi Ethiopian Association with other nonprofits in Tennessee and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.