Minorities for Equality in Employment Education Liberty and Justice

EIN: 742994703 501(c)(3) Human Services

Austin, TX

Total Revenue
$47,711
Total Expenses
$132,981
Total Assets
$24,388
Net Assets
$24,388
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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
2005
Legal Domicile
TX
Principal Officer
Latreese Cooke
Phone
5124732525
Tax Period
2023-01-01 to 2023-12-31

Minorities for Equality in Employment Education Liberty and Justice, founded in 2005, is a micro nonprofit in the Human Services sector that reported $48K in total revenue in fiscal year 2023. Revenue fell 48% from the prior year — a significant decline worth monitoring. Expenses of $133K exceeded revenue, resulting in a 179% operating deficit.

Mission

To provide a true opportunity for at risk youth and formerly incarcerated individuals regardless of background while helping them to re-direct, restore and reconnect as employable members of society.

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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 (2023)

Revenue Breakdown

Contributions & Grants $47,711
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $47,711

Expense Breakdown

Grants Paid $0
Salaries & Benefits $45,850
Fundraising Expenses $5,525
Program Expenses $126,456
Other Expenses $87,131
TOTAL EXPENSES $132,981

Year-over-Year Comparison

2023 2022 Change
Revenue $47,711 $92,016 -0.5%
Expenses $132,981 $131,879 +0.0%
Net Income $-85,270 $-39,863 +1.1%
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

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Governance

Voting Members
3
Independent Members
3
Employees
N/A
Volunteers
10

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
1
$45,850
Total Directors
3
$45,850
Key Employees
1
$45,850
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Dr Juliet E K Walker Acting President 3.00
Director
$0 $0 $0
Briselda Betahancourt Board Member 3.00
Director
$0 $0 $0
Latreese Cooke Executive Director 40.00
Officer Director Key Emp
$45,850 $0 $45,850
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 $47,711 $132,981 $24,388 $-85,270
2022 $92,016 $131,879 $108,417 $-39,863
2021 $140,157 $121,708 $148,280 $18,449
2020 $173,995 $43,812 $129,831 $130,183
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