MINORITY BUSINESS ASSOCIATION CENTER FOR JOINT VEN (EIN 872019798) - Form 990 Financial Analysis & Trantor Score

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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

2021

Legal Domicile

Tax Period

2023-01-01 to 2023-12-31

MINORITY BUSINESS ASSOCIATION CENTER FOR JOINT VEN, founded in 2021, is a small nonprofit in the Community Improvement sector that reported $232K in total revenue in fiscal year 2023. Revenue surged 21% from the prior year, signaling strong growth momentum. Expenses of $203K left a modest 13% surplus.

Mission

MEMBERSHIP ORGANIZATION THAT PROVIDES SERVICES DESIGNED TO STRENGTHEN THE CAPACITY, CAPABILITY AND BUSINESS OPPORTUNITIES OF MEMBERS.

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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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $231,967

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $231,967

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $197,212

Other Expenses $202,821

TOTAL EXPENSES $202,821

Year-over-Year Comparison

	2023	2022	Change
Revenue	$231,967	$192,066	+0.2%
Expenses	$202,821	$225,988	-0.1%
Net Income	$29,146	$-33,922	-1.9%

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

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
VALERIE KING	MEMBER	2.00	Director	$0	$0	$0
NICHOLA HALL	MEMBER	2.00	Director	$0	$0	$0
VENITA LAMBERT	MEMBER	2.00	Director	$0	$0	$0
ANTHONY STEWART	MEMBER	2.00	Director	$0	$0	$0
DONALD SMART	MEMBER	2.00	Director	$0	$0	$0
DONALD GOODSON	MEMBER	2.00	Director	$0	$0	$0
JANET BAILEY	MEMBER	2.00	Director	$0	$0	$0
ADRIENNE FARRAR HOUEL	MEMBER	2.00	Director	$0	$0	$0
DAVIS FERRIS	MEMBER	2.00	Director	$0	$0	$0
CHARLES SCOTT	TREASURER	2.00	Officer Director	$0	$0	$0
WILLIE TOM MCMILLIAN	CHAIRMAN	20.00	Officer Director	$0	$0	$0
WILLENE GIBSON	SECRETARY	2.00	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
2024	No data	No data	No data	No data
2023	$231,967	$202,821	$30,311	$29,146
2022	$192,066	$225,988	$4,165	$-33,922

MINORITY BUSINESS ASSOCIATION CENTER FOR JOINT VEN