MILLIONAIRE MIND KIDS (MMK) (EIN 204418118) - 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

2005

Legal Domicile

Principal Officer

DELORES WILLIAMS

Phone

7602404044

Tax Period

2023-01-01 to 2023-12-31

MILLIONAIRE MIND KIDS (MMK), founded in 2005, is a small nonprofit in the Education sector that reported $622K in total revenue in fiscal year 2023. Revenue surged 34% from the prior year, signaling strong growth momentum.

Mission

TO PROVIDE EDUCATIONAL PROGRAMS TO UNDER-SERVED STUDENTS.

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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 $621,840

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $621,840

Expense Breakdown

Grants Paid $0

Salaries & Benefits $433,440

Fundraising Expenses $0

Program Expenses $408,880

Other Expenses $175,162

TOTAL EXPENSES $608,602

Year-over-Year Comparison

	2023	2022	Change
Revenue	$621,840	$465,133	+0.3%
Expenses	$608,602	$442,350	+0.4%
Net Income	$13,238	$22,783	-0.4%

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

N/A

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

$23,400

Total Directors

$23,400

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DELORES WILLIAMS	DIRECTOR/PRESIDENT	040.00	Officer Director	$23,400	$0	$23,400
SHEILA ROBERTSON	SECRETARY/TREASURER	015.00	Officer Director	$0	$0	$0
SHIRLEY WALKER	MEMBER	005.00	Director	$0	$0	$0
HARRIETTE S FISHER	MEMBER	005.00	Director	$0	$0	$0
CHARLES WALKER	MEMBER	005.00	Director	$0	$0	$0
NIJAH WILLIAMS	MEMBER	005.00	Director	$0	$0	$0

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
2024	No data	No data	No data	No data
2023	$621,840	$608,602	$176,738	$13,238
2022	$465,133	$442,350	$163,500	$22,783
2021	$226,993	$108,361	$159,774	$118,632

MILLIONAIRE MIND KIDS (MMK)