LOUISVILLE ASSET BUILDING COALITION INC (EIN 455273568) - 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

2014

Legal Domicile

Principal Officer

EARNESTINE WHITE

Phone

5025745687

Tax Period

2023-07-01 to 2024-06-30

LOUISVILLE ASSET BUILDING COALITION INC, founded in 2014, is a small nonprofit in the Community Improvement sector that reported $294K in total revenue in fiscal year 2023. Expenses of $262K left a modest 11% surplus.

Mission

BUILD AN ECONOMIC FOUNDATION FOR INDIVIDUALS AND FAMILIES BY PROMOTING FINANCIAL STABILITY AND ASSET BUILDING IN JEFFERSON COUNTY, KY.

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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 $292,608

Program Service Revenue $0

Investment Income $1,868

Other Revenue $0

TOTAL REVENUE $294,476

Expense Breakdown

Grants Paid $0

Salaries & Benefits $203,316

Fundraising Expenses $7,316

Program Expenses $227,710

Other Expenses $58,452

TOTAL EXPENSES $261,768

Year-over-Year Comparison

	2023	2022	Change
Revenue	$294,476	$276,239	+0.1%
Expenses	$261,768	$225,940	+0.2%
Net Income	$32,708	$50,299	-0.3%

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

138

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

$65,720

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JUSTIN KLUEMPER	CHAIR	1.00	Officer Director	$0	$0	$0
ERIN WADDELL	VICE CHAIR	1.00	Officer Director	$0	$0	$0
SABIRA BECIROVIC	TREASURER	1.00	Officer Director	$0	$0	$0
COLLEEN REILLY	SECRETARY	1.00	Officer Director	$0	$0	$0
SCOTT LOVE	BOARD MEMBER	1.00	Director	$0	$0	$0
KRISTIE ADAMS	BOARD MEMBER	1.00	Director	$0	$0	$0
ANDREW PLEASANT	BOARD MEMBER	1.00	Director	$0	$0	$0
MARLO LONG	BOARD MEMBER	1.00	Director	$0	$0	$0
KIMBERLY BOYD-LANE	BOARD MEMBER	1.00	Director	$0	$0	$0
ADAM SAJKO	BOARD MEMBER	1.00	Director	$0	$0	$0
EARNESTINE WHITE	PROGRAM DIRECTOR	40.00	Officer	$62,000	$3,720	$65,720

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	$294,476	$261,768	$158,080	$32,708
2023	$276,239	$225,940	$125,372	$50,299
2022	$248,716	$262,860	$75,073	$-14,144
2021	$239,908	$197,319	$90,018	$42,589
2020	$163,082	$171,813	$49,651	$-8,731
2019	$227,633	$210,094	$55,359	$17,539

LOUISVILLE ASSET BUILDING COALITION INC