MIRABEAU FAMILY LEARNING CENTER INC (EIN 582026306) - 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

1992

Legal Domicile

Principal Officer

MICHAEL VALES

Phone

5044836495

Tax Period

2024-01-01 to 2024-12-31

MIRABEAU FAMILY LEARNING CENTER INC, founded in 1992, is a community nonprofit in the Education sector that reported $2.0M in total revenue in fiscal year 2024. The organization ran a surplus of $339K, a strong 17% operating margin.

Mission

TO PROVIDE AFFORDABLE HOUSING. TO PROMOTE THE DEVELOPMENT OF AFFORDABLE HOUSING AND ACQUISITION OF COMPETENCIES THAT SUPPORT AND STRENGTHEN INDIVIDUAL AND FAMILY FUNCTIONS FOR THE CONTINUED DEVELOPMENT OF THE COMMUNITY.

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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 $1,326,953

Program Service Revenue $353,899

Investment Income $0

Other Revenue $360,939

TOTAL REVENUE $2,041,791

Expense Breakdown

Grants Paid $1,186,393

Salaries & Benefits $490,251

Fundraising Expenses $0

Program Expenses $1,656,771

Other Expenses $25,964

TOTAL EXPENSES $1,702,608

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,041,791	$1,909,010	+0.1%
Expenses	$1,702,608	$1,596,677	+0.1%
Net Income	$339,183	$312,333	+0.1%

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

$175,023

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
PIERRE VALCOUR MILLER	BOARD MEMBER	1.00	Director	$0	$0	$0
ASHLEY BELLEAU	BOARD MEMBER	1.00	Director	$0	$0	$0
MILTON CRENSHAW	BOARD MEMBER	1.00	Director	$0	$0	$0
MICHAEL VALES	EXECUTIVE DIRECTOR	40.00	Officer	$175,023	$0	$175,023

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	$2,041,791	$1,702,608	$8,306,205	$339,183
2023	$1,909,010	$1,596,677	$7,974,507	$312,333
2022	$1,719,404	$1,430,221	$7,650,189	$289,183
2021	$1,649,248	$1,400,872	$7,311,971	$248,376
2020	$1,457,077	$1,182,579	$7,024,726	$274,498
2019	$1,271,701	$1,007,599	$6,739,570	$264,102
2018	$1,218,174	$949,064	$6,471,602	$269,110

MIRABEAU FAMILY LEARNING CENTER INC