Ladies of Hip-Hop Festival (EIN 461703251) - 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

Michele Byrd-McPhee

Phone

2672575942

Tax Period

2024-01-01 to 2024-12-31

Ladies of Hip-Hop Festival, founded in 2014, is a small nonprofit in the Arts, Culture & Humanities sector that reported $346K in total revenue in fiscal year 2024. Expenses of $410K exceeded revenue, resulting in a 19% operating deficit.

Mission

Empowering girls and women in Hip-Hop culture. LOHH provides girls and women with a platform, training, performance opportunities, mentorships,and other opportunities.

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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 (2024)

Revenue Breakdown

Contributions & Grants $111,989

Program Service Revenue $233,514

Investment Income $0

Other Revenue $0

TOTAL REVENUE $345,503

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $369,185

Other Expenses $409,839

TOTAL EXPENSES $409,839

Year-over-Year Comparison

	2024	2023	Change
Revenue	$345,503	$336,363	+0.0%
Expenses	$409,839	$282,759	+0.4%
Net Income	$-64,336	$53,604	-2.2%

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

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

$75

Total Directors

$600

Key Employees

$16,810

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Michele Byrd-McPhee	Executive Director	15.00	Key Emp	$16,810	$0	$16,810
LaTasha Barnes	Board Chair	2.00	Officer	$0	$0	$0
Porshia Derival	Co-Chair	2.00	Officer	$75	$0	$75
Jazelynn Goudy	Secretary	2.00	Officer	$0	$0	$0
Angelica Bellard	Trustee	1.00	Director	$0	$0	$0
Anthony Denaro	Trustee	1.00	Director	$0	$0	$0
Aysha Upchurch	Trustee	1.00	Director	$0	$0	$0
Duane Holland	Trustee	1.00	Director	$0	$0	$0
Jasmine Paul	Trustee	1.00	Director	$0	$0	$0
Tiffany Cayetano	Trustee	1.00	Director	$600	$0	$600

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	$345,503	$409,839	$4,945	$-64,336
2023	$363,054	$311,169	$57,544	$51,885
2023	$336,363	$282,759	$56,484	$53,604
2022	$283,277	$190,776	$5,659	$92,501

Ladies of Hip-Hop Festival