CHARLOTTE, NC
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)MBK CLT-MECKLENBURG AKA MY BROTHER'S KEEPER, founded in 2021, is a small nonprofit in the Youth Development sector that reported $307K in total revenue in fiscal year 2021. Revenue surged 257% from the prior year, signaling strong growth momentum. The organization ran a surplus of $95K, a strong 31% operating margin.
MY BROTHER'S KEEPER CHARLOTTE-MECKLENBURG (MBK-CLT MECK) IS COMMITTED TO IMPROVING OUTCOMES FOR BOYS AND YOUNG MEN OF COLOR BY SERVING AS THE BACKBONE ORGANIZATION OF A COLLECTIVE IMPACT EFFORT.
MY BROTHER'S KEEPER INITIATIVE WAS LAUNCHED IN FEBRUARY 2014 BY FORMER PRESIDENT OBAMA IN RESPONSE TO THE PERSISTENT OPPORTUNITY GAPS FACED BY BOYS AND YOUNG MEN OF COLOR ACROSS OUR NATION. MANY...
MY BROTHER'S KEEPER INITIATIVE WAS LAUNCHED IN FEBRUARY 2014 BY FORMER PRESIDENT OBAMA IN RESPONSE TO THE PERSISTENT OPPORTUNITY GAPS FACED BY BOYS AND YOUNG MEN OF COLOR ACROSS OUR NATION. MANY CITIES, TOWNS, AND TRIBAL GOVERNMENTS HAVE RISEN TO THE CALL TO ACTION AS LOCAL MBK CHAPTERS TO ENSURE ALL YOUNG PEOPLE CAN REACH THEIR FULL POTENTIAL. MBKCLTMECK IS A COLLECTIVE IMPACT ORGANIZATION FOUNDED BY MEN OF COLOR THAT UTILIZES A COLLECTIVE IMPACT MODEL TO ADDRESS THE INEQUITIES OF BOYS OF COLOR. OUR COLLECTIVE IMPACT APPROACH TAKES INTO ACCOUNT A "ROOT-CAUSE ANALYSIS AND ADDRESSES THE NEED FOR A RESULT BASED ACCOUNTABILITY STRUCTURE BY ASKING KEY QUESTIONS FOR PROVEN BEST PRACTICES THAT DRIVE IMPACT. THE KEY CHALLENGE IN SECURING TRANSFORMATIVE OUTCOMES FOR OUR BOYS AND YOUNG MEN OF COLOR (BYMOC) IS DEVELOPING A PROCESS THAT ALLOWS US TO BE BOTH "SHORT-TERM RESPONSIVE AND LONG-TERM STRATEGIC". WE SEEK TO CREATE A SYSTEMS APPROACH THAT FACILITATES COLLECTIVE IMPACT THROUGH COLLECTIVE ACTION. THE MBK-CLT MECK FRAMEWORK IS TARGETED IN ITS STRATEGY AND UNIVERSAL IN ITS GOAL.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2021 | 2020 | Change | |
|---|---|---|---|
| Revenue | $307,246 | $86,055 | +2.6% |
| Expenses | $211,867 | $126,127 | +0.7% |
| Net Income | $95,379 | $-40,072 | -3.4% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| BRAXTON WINSTON | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| ANTHONY TROTMAN | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| MARK JARRELL | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| KIETH COCKRELL | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| FRANK BARNES | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| MICHAEL DEVAUL | CHAIRMAN | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| REGINALD BEAN | VICE CHAIRMAN | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| KEN BURTON | TREASURER | 2.00 |
Officer
Director
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$0 | $0 | $0 |
| JORGE MILLARES | SECRETARY | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2022 | $307,246 | $211,867 | $186,365 | $95,379 |
Compare MBK CLT-MECKLENBURG AKA MY BROTHER'S KEEPER with other nonprofits in North Carolina and across the country.