MARTIN LUTHER KING BREAKFAST COMMITTEE INC (EIN 311225276) - 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

1987

Legal Domicile

Principal Officer

FRIEDA GILYARD

Phone

6149434835

Tax Period

2023-07-01 to 2024-06-30

MARTIN LUTHER KING BREAKFAST COMMITTEE INC, founded in 1987, is a small nonprofit in the Education sector that reported $298K in total revenue in fiscal year 2023.

Mission

TO PROMOTE SOCIAL WELFARE BY HONORING DR. MARTIN LUTHER KING, JR, WHOSE MEMORY ENCOURAGES THE LESSENING OF NEIGHBORHOOD TENSIONS AND THE CONTINUED ELIMINATION OF PREJUDICE AND DISCRIMINATION.

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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 $268,450

Program Service Revenue $29,900

Investment Income $0

Other Revenue $0

TOTAL REVENUE $298,350

Expense Breakdown

Grants Paid $20,500

Salaries & Benefits $35,000

Fundraising Expenses $0

Program Expenses $304,806

Other Expenses $253,566

TOTAL EXPENSES $309,066

Year-over-Year Comparison

	2023	2022	Change
Revenue	$298,350	$280,890	+0.1%
Expenses	$309,066	$263,846	+0.2%
Net Income	$-10,716	$17,044	-1.6%

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

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
FRIEDA GILYARD	PRESIDENT	5.00	Officer Director	$0	$0	$0
NATALIE JAMES	VICE-PRESIDE	5.00	Officer Director	$0	$0	$0
TENESHA HARTGROVE	TREASURER	5.00	Officer Director	$0	$0	$0
MELANIE CARMICHAEL	SECRETARY	5.00	Officer Director	$0	$0	$0
DONALD STINSON JR	BOARD MEMBER	5.00	Director	$0	$0	$0
FLOYD MEADOWS	BOARD MEMBER	5.00	Director	$0	$0	$0
NANETTE HODGE	EXECUTIVE DI	10.00		$35,000	$0	$35,000
DIANE MCCLURE	EXECUTIVE DI	10.00	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
2025	No data	No data	No data	No data
2024	$298,350	$309,066	$217,533	$-10,716
2023	$8,329	$67,725	$149,816	$-59,396
2022	$167,777	$27,147	$317,149	$140,630
2021	$131,450	$28,813	$176,500	$102,637
2020	$15,646	$27,198	$73,896	$-11,552
2019	$21,088	$28,747	$85,824	$-7,659

MARTIN LUTHER KING BREAKFAST COMMITTEE INC