X — Religion-RelatedEIN: 382726350· Ruling Year: 1989

Forafrika

Washington, District of Columbia

BHealth Score
62B

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Above Average

How This Organization Compares

Compared to 7 peers in Religion-Related with $10M-$100M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org0.01×
Peer Median5.89×
💰
$35.2M
Total Revenue
📊
$34.9M
Total Expenses
🏦
$360K
Net Assets
📋
$126K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+70.3%
Year-over-year change (2022 → 2023)
Net Margin
+1.0%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.01
Net assets divided by total expenses
Liabilities-to-Assets
26.0%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$35,211,205↑70%$34,871,767↑64%$486,307↑190%
2022$20,674,783↑41%$21,277,466↑33%$167,758↓78%
2021$14,702,645↑112%$15,970,075↑118%$746,764↓64%
2020$6,930,940↓37%$7,330,849↓33%$2,059,718↓28%
2019$11,030,356↑43%$10,910,674↑40%$2,879,287↑1%
2018$7,730,380$7,770,102↑20%$2,851,332↓7%
2017$7,731,470↑27%$6,464,168↑11%$3,068,652↑61%
2016$6,110,958↓1%$5,797,608↓6%$1,909,187↑11%
2015$6,184,643↑1%$6,150,948↑6%$1,726,533
2014$6,144,443↓70%$5,823,750↓72%$1,732,505↑249%
2013$20,650,311↓14%$20,758,568↓17%$496,392↓72%
2012$24,090,809↑3%$24,921,362↑6%$1,784,055↓25%
2011$23,319,119$23,517,376$2,365,731

Frequently Asked Questions

What does Forafrika do?▼

Forafrika is a religion-related nonprofit organization based in District of Columbia. It is classified under NTEE code X99Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is Forafrika financially healthy?▼

Based on our 9-metric Financial Health Score model, Forafrika has a score of 62/100 (Grade: B). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Forafrika generate?▼

Forafrika reports $25.4M in annual revenue and holds $654K in total assets, based on IRS filings.

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