LOUISIANA MINORITY BUSINESS COUNCIL INC (EIN 720771653) - 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

1973

Legal Domicile

Principal Officer

ALVIN-O WILLIAMS

Phone

5042930400

Tax Period

2023-01-01 to 2023-12-31

LOUISIANA MINORITY BUSINESS COUNCIL INC, founded in 1973, is a small nonprofit in the Community Improvement sector that reported $894K in total revenue in fiscal year 2023. Revenue decreased 11% compared to the prior year. Expenses of $1.0M exceeded revenue, resulting in a 16% operating deficit.

Mission

TO PROVIDE BUSINESS ASSISTANCE TO LOUISIANA BASED CERTIFIED MINORITY COMPANIES.

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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 $645,996

Program Service Revenue $247,668

Investment Income $721

Other Revenue $0

TOTAL REVENUE $894,385

Expense Breakdown

Grants Paid $0

Salaries & Benefits $366,303

Fundraising Expenses $186,621

Program Expenses $728,035

Other Expenses $671,898

TOTAL EXPENSES $1,038,201

Year-over-Year Comparison

	2023	2022	Change
Revenue	$894,385	$1,002,758	-0.1%
Expenses	$1,038,201	$906,300	+0.1%
Net Income	$-143,816	$96,458	-2.5%

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

$108,240

Total Directors

$108,240

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ALVIN-O WILLIAMS	PRESIDENT	40.00	Officer Director	$108,240	$0	$108,240
RIVERS FREDERICK	CHAIR	2.00	Officer Director	$0	$0	$0
MATT GREENE	DIRECTOR	2.00	Director	$0	$0	$0
LEE JACKSON	DIRECTOR	2.00	Director	$0	$0	$0
JOHN JAMES	DIRECTOR	2.00	Director	$0	$0	$0
KIRK LEWIS	DIRECTOR	2.00	Director	$0	$0	$0
MARCELLA MCGULLOUGH	DIRECTOR	2.00	Director	$0	$0	$0
KEITH PORTA	REGIONAL MBE	2.00	Officer Director	$0	$0	$0
ANSELMO RODRIGUEZ	TREASURER	2.00	Officer Director	$0	$0	$0
NANCY SWARTOUT	DIRECTOR	2.00	Director	$0	$0	$0
KENNY TUBBY	DIRECTOR	2.00	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
2024	No data	No data	No data	No data
2023	$894,385	$1,038,201	$620,015	$-143,816
2022	$1,002,758	$906,300	$594,792	$96,458
2021	$745,389	$666,177	$480,017	$79,212
2020	$686,645	$555,562	$361,502	$131,083
2019	$752,058	$841,267	$221,406	$-89,209
2018	$814,178	$778,664	$339,741	$35,514

LOUISIANA MINORITY BUSINESS COUNCIL INC