WAZEMA ETHIOPIA INC

EIN: 990818177 501(c)(3) Arts, Culture & Humanities

PFLUGERVILLE, TX

Total Revenue
$67,144
Total Expenses
$69,029
Total Assets
$68,185
Net Assets
$68,185
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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
2024
Legal Domicile
TX
Principal Officer
ARGAW SAHLE
Phone
3612377475
Tax Period
2025-01-01 to 2025-12-31

WAZEMA ETHIOPIA INC, founded in 2024, is a micro nonprofit in the Arts, Culture & Humanities sector that reported $67K in total revenue in fiscal year 2025. Revenue fell 43% from the prior year — a significant decline worth monitoring.

Mission

PPROMOTE CIVIVL EDUCATION FOR ETHIOPIANS AND ETHIOPIANS IN THE DIASPORA

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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%)

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Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $66,997
Program Service Revenue $0
Investment Income $0
Other Revenue $147
TOTAL REVENUE $67,144

Expense Breakdown

Grants Paid $0
Salaries & Benefits $37,980
Fundraising Expenses $0
Program Expenses $67,994
Other Expenses $31,049
TOTAL EXPENSES $69,029

Year-over-Year Comparison

2025 2024 Change
Revenue $67,144 $118,276 -0.4%
Expenses $69,029 $46,672 +0.5%
Net Income $-1,885 $71,604 -1.0%
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

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Governance

Voting Members
4
Independent Members
N/A
Employees
N/A
Volunteers
6

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
3
$0
Total Directors
1
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ARGAW SAHLE DIRECTOR 20.0
Officer Director
$0 $0 $0
EDOM GELAN SECRETARY 20.0
Officer
$0 $0 $0
BEZA DAWIT MANAGER 40.0
Officer
$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 $67,144 $69,029 $68,185 $-1,885
2024 $118,276 $46,672 $71,604 $71,604
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