Civic Intelligence

Teach for Ethiopia Inc

EIN 84-2113834 • 501(c)3 • Alexandria, VA

Profile

Teach for Ethipias young recent college graduates and facilitates two year teaching fellowship to facilitates and place them to teach in underperforming urban and rural schools

6135 Les Dorson LnAlexandria, VA 22315
Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

70th percentile

0.02x

Higher debt load relative to assets than 70% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

75th percentile

0.03x

Higher debt load relative to revenue than 75% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2023

Net Margin

75th percentile

21%

Higher net margin than 75% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2023

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

78th percentile

22%

Faster asset growth than 78% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

41st percentile

-9.2%

Faster revenue growth than 41% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets70th percentile

Assets

Up

$185,532

Up $33,475 (+22%) from 2022

Liabilities

Up

$4,178

Up $4,178 from 2022

Net Assets

Up

$181,354

Up $29,297 (+19%) from 2022

Operations
Liabilities / Revenue75th percentileNet Margin75th percentile

Revenue

Down

$140,294

Down $14,206 (-9.2%) from 2022

Expenses

Up

$110,997

Up $35,820 (+48%) from 2022

Net Income

Down

$29,297

Down $50,026 (-63%) from 2022

Trend Graphs

Balance Sheet Trend

Asset Growth78th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$200K$150K$100K$50K$0Assets 2021: $19,684Liabilities 2021: $0Net Assets 2021: $19,6842021Assets 2022: $152,057Liabilities 2022: $0Net Assets 2022: $152,0572022Assets 2023: $185,532Liabilities 2023: $4,178Net Assets 2023: $181,3542023

Highlighted filing

2023

Assets$185,532
Liabilities$4,178
Net Assets$181,354
Open 2023 Filing

Operations Trend

Revenue Growth41st percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$200K$150K$100K$50K$0Revenue 2021: $144,500Expenses 2021: $126,447Net Income 2021: $18,0532021Revenue 2022: $154,500Expenses 2022: $75,177Net Income 2022: $79,3232022Revenue 2023: $140,294Expenses 2023: $110,997Net Income 2023: $29,2972023

Highlighted filing

2023

Revenue$140,294
Expenses$110,997
Net Income$29,297
Open 2023 Filing

Filings

Most recent year

2023 • Form 990Summary only. Only limited summary data is available for this year.

Open filing
Assets
$185,532
Liabilities
$4,178
Net assets
$181,354
Revenue
$140,294
Expenses
$110,997
Net income
$29,297
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Summary only. Only limited summary data is available for this year.$1.86$0.04$1.81$1.40$1.11$0.29
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.52$0.00$1.52$1.55$0.75$0.79
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.20$0.00$0.20$1.45$1.26$0.18
Latest Detailed Filing

The latest 2023 filing currently has summary financial data only. Showing the latest detailed filing from 2022 below.

Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
May 4, 2023
Return Version
2022v5.0
Gross Receipts
$154,500
Mission and Program Overview

Mission

Teach for Ethipias young recent college graduates and facilitates two year teaching fellowship to facilitates and palce them to teach in underperforming urban and rural schools

Teach for Ethipias young recent college graduates and facilitates two year teaching fellowship to facilitates and place them to teach in underperforming urban and rural schools

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts-$152,057-
Total Assets$0$152,057▲ $152,057
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions-$152,057-
Total Net Assets Fund Balance$0$152,057▲ $152,057
Total Liabilities and Net Assets / Fund Balance$0$152,057▲ $152,057
Compensation and Service Providers
Top Officer PayScore unavailable

Employees

NameTitleFull / Part TimeBaseTotal
Alex CherePresidentFT$43,451$43,451

Board Members and Trustees

NameTitle
Andy MartinBoard Member
Dr TAFERE MELAKUBoard Member
Tigist RugaSecretary
Dr ENAWGAW MEHARITreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$154,500
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$79,323
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$46,817
Other Expenses$28,360
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$34,761$8,690-$43,451
Other Expenses$5,300$680-$5,300
Travel$4,500--$4,500
Advertising$3,700--$3,700
Payroll Taxes-$3,366-$3,366
Office Expenses$2,160$540-$2,700
Fees for Services Accounting-$1,260-$1,260
Total Functional Expenses$60,641$14,536$0$75,177
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990 governing body review Part VI line 11

“A copy of the draft 990 tax return is being provided to the board of Directors for review and suggetions before it is being filed”

Conflict of interest policy compliance Part VI line 12C

“Organization reviews the conflict of interest policy with each officer and director at least once a year to make sure that none of the officers/directors are in conflict with the organizatios mission”

CEO executive director top management comp Part VI line 15A

“Top management compensation is set by organizations policy”

Form 990 availability to public Part VI line 18

“Any other information is available to potential donors upon written request Currently there is no key employee or other officer who must be compensated but future compensation is based on organizations policy”

Governing documents etc available to public Part VI line 19

“Governing documents are available for public upon written request”

Filing and Contact Details

Filer

Filer Name
Teach for Ethiopia Inc
EIN
84-2113834
Address
6135 Les Dorson Ln, Alexandria, VA 22315

Signing Officer

Name
Alex Chere
Title
President
Phone
7036254587
Signed
2023-05-04
Discuss with paid preparer
No

Organization Details

Principal Officer
ALEX CHERE President
Formed
2019
Legal Domicile
Va
Voting Board Members
6
Independent Board Members
5
Employees
1

Preparer

Firm
Blue Pillar Company
Address
2121 Eisenhower Ave Suite 229, Alexandria, VA 22314
Preparer
Getachew Bekele
Phone
2028363857
Supplemental Narrative

Additional Explanations

Explanation of other changes in net assets or fund balances Part XI line 9

“Adjustment to net asset. The net asset adjustment is due to the difference caused by unrecorded pledge receivable between January and May 2023, before the determination period”

Part XI response or note to any line in Part XI

“Adjustment to net asset. The net asset adjustment is due to the difference caused by unrecorded pledge receivable between January and May 2023, before the determination period”

Raw XML Appendix295 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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