Friends of Nicole 50 50 Mentoring Collaborative

EIN: 841897307 501(c)(3) Unknown

Louisville, KY

Total Revenue
$186,825
Total Expenses
$42,745
Total Assets
N/A
Net Assets
N/A
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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
2019
Legal Domicile
KY
Phone
4044922318
Tax Period
2024-01-01 to 2024-12-31

Friends of Nicole 50 50 Mentoring Collaborative, founded in 2019, is a small nonprofit in the Unknown sector that reported $187K in total revenue in fiscal year 2024. The organization ran a surplus of $144K, a strong 77% operating margin.

Mission

Our mission is unequivocal: nurturing a vibrant pipeline of mentorship to introduce girls to diverse careers and novel experiences. Our commitment is steadfast in equipping these girls with tools for self-expression through art and the transformative realm of technology and social media.

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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 $186,825
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $186,825

Expense Breakdown

Grants Paid $0
Salaries & Benefits $25,000
Fundraising Expenses $3,200
Program Expenses $134,328
Other Expenses $14,545
TOTAL EXPENSES $42,745

Year-over-Year Comparison

2024 2023 Change
Revenue $186,825 N/A N/A
Expenses $42,745 N/A N/A
Net Income $144,080 $0 N/A
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
4
Independent Members
4
Employees
1
Volunteers
5

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
$25,000
Total Directors
0
$0
Key Employees
1
$25,000
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Nicole Hayden CEO/President 40
Officer Key Emp Highest
$25,000 $0 $25,000
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 $186,825 $42,745 No data $144,080
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