THE MINORITY PSYCHOLOGY NETWORK

EIN: 843510398 501(c)(3)

canyon country, CA

Total Revenue
$100,775
Total Expenses
$129,698
Total Assets
$33,352
Net Assets
$33,352
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2019
Legal Domicile
CA
Phone
4696711934
Tax Period
2021-01-01 to 2021-12-31

THE MINORITY PSYCHOLOGY NETWORK, founded in 2019, is a small nonprofit that reported $101K in total revenue in fiscal year 2021. Expenses of $130K exceeded revenue, resulting in a 29% operating deficit.

Mission

The Minority Psychology Network strives to reduce the stigma that surrounds Mental Health within minority communities by spreading education about how stigma is formed and maintained culturally and environmentally. Through this Network, we aim to facilitate accessibility to Mental health and culturally relatable personnel for members in the minority communities.

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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 (2021)

Revenue Breakdown

Contributions & Grants $100,775
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $100,775

Expense Breakdown

Grants Paid $600
Salaries & Benefits $79,427
Fundraising Expenses $17,376
Program Expenses $18,808
Other Expenses $41,825
TOTAL EXPENSES $129,698

Year-over-Year Comparison

2021 2020 Change
Revenue $100,775 $102,862 0.0%
Expenses $129,698 $40,717 +2.2%
Net Income $-28,923 $62,145 -1.5%
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

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Liquidity & Cash Position

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Governance

Voting Members
N/A
Independent Members
N/A
Employees
N/A
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
$14,250
Total Directors
2
$23,275
Key Employees
16
$62,069
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Successful Brim President 60
Officer Director Highest
$14,250 $0 $14,250
N/A Bus Contractor 40
Key Emp
$14,000 $0 $14,000
N/A Tour Bus Provider 10
Key Emp
$12,515 $0 $12,515
Entrevation Grant Writer 40
Key Emp
$9,200 $0 $9,200
Monica Wilson Clinical Doctor resource 40
Director
$9,025 $0 $9,025
N/A Mobile bus application 40
Key Emp
$6,500 $0 $6,500
N/A Media Strategy 40
Key Emp
$5,400 $0 $5,400
Awesome Bookkeeping LLC Accountant/Treasurer 30.00
Key Emp
$3,700 $0 $3,700
N/A Billboard/ Advertising 40
Key Emp
$3,150 $0 $3,150
Latoia Ray Assistant 25
Key Emp
$2,950 $0 $2,950
N/A Lawyer 30
Key Emp
$1,806 $0 $1,806
Donnavan The Mechanic Bus Mechanic 30
Key Emp
$650 $0 $650
N/A Event Videographer 20
Key Emp
$500 $0 $500
Kizzy contracts/attorney 10
Key Emp
$500 $0 $500
Ruthisha Johnson Media Strategy 40
Key Emp
$425 $0 $425
Karen Bus Parking 5
Key Emp
$300 $0 $300
Riya Travel Agent 15
Key Emp
$298 $0 $298
Jennifer Bus Cleaning/Sanitizing 5
Key Emp
$175 $0 $175
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
2021 $100,775 $129,698 $33,352 $-28,923
2020 $102,862 $40,717 $62,275 $62,145
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