MARTIN LUTHER KING JR FAMILY SERVICES INC (EIN 042647035) - Form 990 Financial Analysis & Trantor Score

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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

1977

Legal Domicile

Principal Officer

SHANNON RUDDER

Phone

4137463655

Tax Period

2023-07-01 to 2024-06-30

MARTIN LUTHER KING JR FAMILY SERVICES INC, founded in 1977, is a community nonprofit in the Human Services sector that reported $1.9M in total revenue in fiscal year 2023. Revenue decreased 5% compared to the prior year.

Mission

TO WORK IN THE HEART OF MASON SQUARE TO ADDRESS SOME OF THE HIGHEST BASIC NEEDS IN THE COMMUNITY.

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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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $1,186,023

Program Service Revenue $275,519

Investment Income $4,547

Other Revenue $417,506

TOTAL REVENUE $1,883,595

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,081,989

Fundraising Expenses $24,120

Program Expenses $1,167,523

Other Expenses $756,254

TOTAL EXPENSES $1,838,243

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,883,595	$1,986,917	-0.1%
Expenses	$1,838,243	$1,535,157	+0.2%
Net Income	$45,352	$451,760	-0.9%

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

Governance

Voting Members

Independent Members

Employees

Volunteers

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

$108,238

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DR MIA CHANDLER	DIRECTOR	1.00	Director	$0	$0	$0
EDDIE CORBIN	DIRECTOR	1.00	Director	$0	$0	$0
WILLAIM DAVILA	DIRECTOR	1.00	Director	$0	$0	$0
JOYCE DAVIS	DIRECTOR "PAST"	1.00	Director	$0	$0	$0
CALVIN HILL	DIRECTOR "PAST"	1.00	Director	$0	$0	$0
BYRON JONES	DIRECTOR	1.00	Director	$0	$0	$0
RANIA KFURI	DIRECTOR	1.00	Director	$0	$0	$0
DR YOLANDA MARROW	DIRECTOR	1.00	Director	$0	$0	$0
AWILDO MORALES	DIRECTOR	1.00	Director	$0	$0	$0
DAMON SLOCUMB	DIRECTOR "PAST"	1.00	Director	$0	$0	$0
PATRICIA SMITH	DIRECTOR "PAST"	1.00	Director	$0	$0	$0
DR ALLISON SULLIVAN	DIRECTOR	1.00	Director	$0	$0	$0
KIMBERLY ROBINSON-WILLIAMS	DIRECTOR	1.00	Director	$0	$0	$0
ATTY MAURICE POWE	PRESIDENT	1.00	Officer Director	$0	$0	$0
ATTY ROSE COLON	PRESIDENT "PAST"	1.00	Officer Director	$0	$0	$0
ATTY JACQUELYN LEE-WASHINGTON	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
DARREN JAMES	TREASURER	1.00	Officer Director	$0	$0	$0
DR SIOBHAN SPRUILL	CLERK	2.00	Officer Director	$0	$0	$0
SHANNON RUDDER	CEO	40.00	Officer	$107,923	$315	$108,238

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	No data	No data	No data	No data
2024	$1,883,595	$1,838,243	$2,418,570	$45,352
2023	$1,986,917	$1,535,157	$2,263,989	$451,760
2022	$1,779,741	$1,452,504	$1,807,874	$327,237
2021	$1,892,985	$1,514,983	$1,501,644	$378,002
2020	$1,652,097	$1,469,920	$1,339,203	$182,177
2019	$1,299,413	$1,343,179	$1,012,533	$-43,766
2018	$1,496,942	$1,488,859	$1,058,006	$8,083

MARTIN LUTHER KING JR FAMILY SERVICES INC