everyledgerAn index of 679,731 U.S. nonprofits · computed from public IRS filings · current through 2024

Transafrican Development Inc

Sugar Land, TX / EIN 61-1583739 / Form 990 / latest filing 2023
Operating record · U.S. dollars
Fiscal yearRevenueExpensesNetReserve mo.Staff %
2015000
201770,81265,5085,3041.1
201891,066129,261−38,195-3.076%
2019683,892633,52150,3710.020%
20201,297,473964,518332,9554.216%
20211,201,118976,252224,8666.721%
20221,677,0821,450,885226,1976.422%
20231,899,7681,661,984237,7846.117%

In its most recent public year (2023), this organization brought in $237,784 more than it spent. Its reserves stood at about 6.1 months of spending. Staff pay was 17% of spending.

Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings

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