Minority Mental Health Project

EIN: 842261631 501(c)(3) Mental Health

Louisville, KY

Total Revenue
$52,500
Total Expenses
$71,758
Total Assets
$29,912
Net Assets
$29,912
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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
Tax Period
2022-01-01 to 2022-12-31

Minority Mental Health Project, founded in 2019, is a micro nonprofit in the Mental Health sector that reported $52K in total revenue in fiscal year 2022. Expenses of $72K exceeded revenue, resulting in a 37% operating deficit.

Mission

MMHP seeks to empower Black and Brown individuals, families, and communities in Louisville and its surrounding communities, who have historically faced multiple barriers to accessibility, affordability, and availability of culturally appropriate mental health practitioners.

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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 (2022)

Revenue Breakdown

Contributions & Grants $52,500
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $52,500

Expense Breakdown

Grants Paid $515
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $71,758
Other Expenses $71,243
TOTAL EXPENSES $71,758

Year-over-Year Comparison

2022 2021 Change
Revenue $52,500 N/A N/A
Expenses $71,758 N/A N/A
Net Income $-19,258 N/A 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
3
Independent Members
3
Employees
N/A
Volunteers
3

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
3
$0
Total Directors
2
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Deborah Barnes-Byers Secretary 0.00
Officer Director
$0 $0 $0
Damon Cobble President 0.00
Officer Director
$0 $0 $0
Forrest Clay Treasurer 0.00
Officer
$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
2022 $52,500 $71,758 $29,912 $-19,258
2021 $26,183 $25,523 $75,353 $660
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