Forafrika
Washington, District of Columbia
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)
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 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 $40.2M in annual revenue and holds $570K in total assets, based on IRS filings.
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