MACKIDA LOVEAL & TRIP MENTORING OUTREACH CENTER

EIN: 464445305 501(c)(3) Education

Indianapolis, IN

Total Revenue
$1,319,133
Total Expenses
$1,084,933
Total Assets
$1,319,133
Net Assets
$234,200
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2014
Legal Domicile
IN
Principal Officer
LaShauna Triplett
Phone
3174806825
Tax Period
2023-01-01 to 2023-12-31

MACKIDA LOVEAL & TRIP MENTORING OUTREACH CENTER, founded in 2014, is a community nonprofit in the Education sector that reported $1.3M in total revenue in fiscal year 2023. Revenue surged 101% from the prior year, signaling strong growth momentum. The organization ran a surplus of $234K, a strong 18% operating margin.

Mission

The organization's primary exempt purpose is exclusively for charatible religious educational and scientific purposes including such purposes that making of distributions to organizations that qualify as exempt organizations under section 501c3 of Internal Revenue Code or corresponding section of any future federal code. Specifically to focus on a boarder spectrum of inner city youth. Where we can provide them with a healthy environment so their scholastic abilities can be fed and encouraged to flourish to their highest and best potential. Our goal is to equip youth with tools to make better choices and become productive citizens by providing academic support, life skills, and youth workforce development training. These tools will empower youth to become Trustworthy, Respectful, Independent, People.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $970,063
Program Service Revenue $349,070
Investment Income $0
Other Revenue $0
TOTAL REVENUE $1,319,133

Expense Breakdown

Grants Paid $0
Salaries & Benefits $392,000
Fundraising Expenses $0
Program Expenses $1,084,933
Other Expenses $692,933
TOTAL EXPENSES $1,084,933

Year-over-Year Comparison

2023 2022 Change
Revenue $1,319,133 $654,957 +1.0%
Expenses $1,084,933 $474,000 +1.3%
Net Income $234,200 $180,957 +0.3%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
11
Independent Members
N/A
Employees
N/A
Volunteers
51

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
11
$0
Total Directors
0
$0
Key Employees
1
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Fletcher Triplett Vice President 30
Officer
$0 $0 $0
Lashauna Triplett President 33.00
Officer
$0 $0 $0
Cora Easter Administrative Assistant 20.00
Officer
$0 $0 $0
Hazel Veal Secretary 27
Officer
$0 $0 $0
LaShonda Brown Parent Board Member 10.00
Officer Key Emp
$0 $0 $0
Neal Rabold Community Board Member 15
Officer
$0 $0 $0
Davita Anderson Parent Board Member 10
Officer
$0 $0 $0
Tamara French Board Member Director of Education 5.00
Officer
$0 $0 $0
Malichia Williams Parent Board Member 25
Officer
$0 $0 $0
Regina Jordan Grant writer 15
Officer
$0 $0 $0
Nakia Veal Parent Advocate Board Member 12
Officer
$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 $1,319,133 $1,084,933 $1,319,133 $234,200
2023 $1,319,133 $1,084,933 $1,319,133 $234,200
2022 $654,957 $474,000 $654,957 $180,957
2021 $472,879 $371,765 $472,879 $101,114
2020 $331,314 $291,694 $331,314 $39,620
Explore More Nonprofits
Top 100 Nonprofits in Indiana Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare MACKIDA LOVEAL & TRIP MENTORING OUTREACH CENTER with other nonprofits in Indiana and across the country.