MARTIN LUTHER KING HEALTH CENTER DBA MLK HEALTH CENTER & PHARMACY

EIN: 721079721 501(c)(3) Health Care

SHREVEPORT, LA

Total Revenue
$2,008,944
Total Expenses
$2,081,105
Total Assets
$1,595,653
Net Assets
$1,575,478
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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
1986
Legal Domicile
LA
Principal Officer
CHRISTOPHER M ELDREDGE
Phone
3182272912
Tax Period
2024-06-01 to 2025-05-31

MARTIN LUTHER KING HEALTH CENTER DBA MLK HEALTH CENTER & PHARMACY, founded in 1986, is a community nonprofit in the Health Care sector that reported $2.0M in total revenue in fiscal year 2024. Revenue decreased 10% compared to the prior year.

Mission

PROVIDE HEALTHCARE SERVICES TO LOW-INCOME RESIDENTS IN TARGETED NEIGHBORHOODS.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $1,992,978
Program Service Revenue $0
Investment Income $15,966
Other Revenue $0
TOTAL REVENUE $2,008,944

Expense Breakdown

Grants Paid $0
Salaries & Benefits $495,154
Fundraising Expenses $4,880
Program Expenses $1,923,944
Other Expenses $1,585,951
TOTAL EXPENSES $2,081,105

Year-over-Year Comparison

2024 2023 Change
Revenue $2,008,944 $2,232,080 -0.1%
Expenses $2,081,105 $2,900,759 -0.3%
Net Income $-72,161 $-668,679 -0.9%
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

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Governance

Voting Members
16
Independent Members
16
Employees
13
Volunteers
141

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
4
$0
Total Directors
16
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DENNIS R WISSING PHD IMMEDIATE PAST PRESIDENT 1.00
Officer Director
$0 $0 $0
CHRIS ELDREDGE CPA TREASURER 2.00
Officer Director
$0 $0 $0
JILL ANN RUSH KOLODZEY MD DRPH SECRETARY 1.00
Officer Director
$0 $0 $0
BONNIE HUGHES PRESIDENT 1.00
Officer Director
$0 $0 $0
DEIRDRE BARFIELD MD DIRECTOR 1.00
Director
$0 $0 $0
CHRIS CIOCCHETTI PHD DIRECTOR 1.00
Director
$0 $0 $0
DARE JOHNSON DIRECTOR 1.00
Director
$0 $0 $0
JOHN T KALMBACH DIRECTOR 1.00
Director
$0 $0 $0
BRUNO ALVAREZ DIRECTOR 1.00
Director
$0 $0 $0
MEGANN HAYES MCDANIEL DIRECTOR 1.00
Director
$0 $0 $0
BRUCE STROUD DIRECTOR 1.00
Director
$0 $0 $0
ELIZABETH MAXWELL DIRECTOR 1.00
Director
$0 $0 $0
NORANN Y PLANCHOCK PHD RN FNP DIRECTOR 1.00
Director
$0 $0 $0
AARON STIGERS DIRECTOR 1.00
Director
$0 $0 $0
ADRIENNE DAVIS DIRECTOR 1.00
Director
$0 $0 $0
JIM GATON DIRECTOR 1.00
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
2025 $2,008,944 $2,081,105 $1,595,653 $-72,161
2024 $2,232,080 $2,900,759 $1,670,701 $-668,679
2023 $2,165,472 $1,723,566 $2,428,353 $441,906
2022 $2,296,967 $1,896,190 $1,988,680 $400,777
2021 $2,000,603 $2,067,386 $1,639,945 $-66,783
2018 $1,871,151 $1,683,097 $1,862,103 $188,054
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