MADAM WALKER BUILDING CORPORATION

EIN: 852902500 Housing & Shelter

INDIANAPOLIS, IN

Total Revenue
$101,022
Total Expenses
$667,218
Total Assets
$12,462,179
Net Assets
$2,774,979
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2020
Legal Domicile
IN
Principal Officer
KRISTIAN STRICKLEN
Phone
3172362099
Tax Period
2024-07-01 to 2025-06-30

MADAM WALKER BUILDING CORPORATION, founded in 2020, is a small nonprofit in the Housing & Shelter sector that reported $101K in total revenue in fiscal year 2024. Expenses of $667K exceeded revenue, resulting in a 560% operating deficit.

Mission

HOLDING TITLE TO PROPERTY, COLLECTING INCOME THEREFROM, AND TURNING OVER THE ENTIRE AMOUNT THEREOF, LESS EXPENSES, TO MWLC ALL WITHIN THE MEANING OF CODE SECTION 501(C)(2).

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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 $0
Program Service Revenue $101,000
Investment Income $22
Other Revenue $0
TOTAL REVENUE $101,022

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $525,735
Other Expenses $667,218
TOTAL EXPENSES $667,218

Year-over-Year Comparison

2024 2023 Change
Revenue $101,022 $101,027 0.0%
Expenses $667,218 $665,118 +0.0%
Net Income $-566,196 $-564,091 +0.0%
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
18
Independent Members
18
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
5
$0
Total Directors
18
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KRISTIAN STRICKLEN PRESIDENT 1.00
Officer Director
$0 $0 $0
CHARLES JOHNSON BOARD MEMBER 1.00
Director
$0 $0 $0
LACY JOHNSON VICE CHAIR 1.00
Officer Director
$0 $0 $0
NICHOLE WILSON BOARD MEMBER 1.00
Director
$0 $0 $0
ALEESIA JOHNSON BOARD MEMBER 1.00
Director
$0 $0 $0
WILLIAM SHREWSBERRY SECRETARY 1.00
Officer Director
$0 $0 $0
CRYSTAL BABB BOARD MEMBER 1.00
Director
$0 $0 $0
CAMY BROEKER BOARD MEMBER 1.00
Director
$0 $0 $0
JARNELL BURKS-CRAIG BOARD MEMBER 1.00
Director
$0 $0 $0
CLAYTON MILLER BOARD MEMBER 1.00
Director
$0 $0 $0
JOYCE ROGERS BOARD CHAIR 1.00
Officer Director
$0 $0 $0
MONICA COUSIN TREASURER 1.00
Officer Director
$0 $0 $0
DEWAYNE BROWN BOARD MEMBER 1.00
Director
$0 $0 $0
DEANA HAWORTH BOARD MEMBER 1.00
Director
$0 $0 $0
JAMES POORE BOARD MEMBER 1.00
Director
$0 $0 $0
CHRIS GAHL BOARD MEMBER 1.00
Director
$0 $0 $0
LATOYA WILLIAMS BOARD MEMBER 1.00
Director
$0 $0 $0
SHARNELL JOHNSON BOARD MEMBER 1.00
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
2025 $101,022 $667,218 $12,462,179 $-566,196
2024 No data No data No data No data
2023 $101,017 $683,086 $13,543,528 $-582,069
2022 $101,000 $649,567 $14,237,183 $-548,567
2021 $5,442,820 $149,600 $14,941,220 $5,293,220
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