MAC MINERALS RENTALS

EIN: 850643361 501(c)(3) Housing & Shelter

Shreveport, LA

Total Revenue
$65,737
Total Expenses
$68,710
Total Assets
$762,908
Net Assets
$50,808
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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
LA
Principal Officer
MARK HEACOCK
Tax Period
2023-01-01 to 2023-12-31

MAC MINERALS RENTALS, founded in 2019, is a micro nonprofit in the Housing & Shelter sector that reported $66K in total revenue in fiscal year 2023. Revenue grew 16% year-over-year, indicating healthy expansion.

Mission

The Halfway Houses intend to provide residents with the support they need until they are capable of living independently in society. They will live in safe, structured, and affordable facilities where they will be fre

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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 $0
Program Service Revenue $65,737
Investment Income $0
Other Revenue $0
TOTAL REVENUE $65,737

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $68,710
Other Expenses $68,710
TOTAL EXPENSES $68,710

Year-over-Year Comparison

2023 2022 Change
Revenue $65,737 $56,707 +0.2%
Expenses $68,710 $52,921 +0.3%
Net Income $-2,973 $3,786 -1.8%
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
N/A
Volunteers
N/A

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
4
$0
Key Employees
1
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MARK HEACOCK PRES 045.00
Officer Director
$0 $0 $0
TERRY NATIONS VP/DIRECTOR 050.00
Officer Director Key Emp Highest
$0 $0 $0
ERIC SELLA TREAS 040.00
Officer Director
$0 $0 $0
SUSAN GARRIGA SEC 040.00
Officer 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
2023 $65,737 $68,710 $762,908 $-2,973
2021 $140,553 $123,038 $593,963 $17,515
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