West End Opportunity Partnership

EIN: 881662505 501(c)(3) Community Improvement

Louisville, KY

Total Revenue
$419,668
Total Expenses
$363,785
Total Assets
$30,119,279
Net Assets
$25,613,288
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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
KY
Principal Officer
Laura Douglas
Phone
5023035251
Tax Period
2023-01-01 to 2023-12-31

West End Opportunity Partnership, founded in 2021, is a small nonprofit in the Community Improvement sector that reported $420K in total revenue in fiscal year 2023. Revenue fell 98% from the prior year — a significant decline worth monitoring. Expenses of $364K left a modest 13% surplus.

Mission

Manage the proceeds provided by the Tax Incremental Financing district of West Louisville.

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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 $6,191
Program Service Revenue $0
Investment Income $413,477
Other Revenue $0
TOTAL REVENUE $419,668

Expense Breakdown

Grants Paid $0
Salaries & Benefits $258,639
Fundraising Expenses $0
Program Expenses $224,365
Other Expenses $105,146
TOTAL EXPENSES $363,785

Year-over-Year Comparison

2023 2022 Change
Revenue $419,668 $25,641,095 -1.0%
Expenses $363,785 $194,417 +0.9%
Net Income $55,883 $25,446,678 -1.0%
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
21
Independent Members
19
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
2
$225,000
Total Directors
20
$225,000
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Laura Douglas Interim President CEO 040.00
Officer Director Highest
$150,000 $0 $150,000
Rita Phillips Interi Exe. Administrator 040.00
Officer Director
$75,000 $0 $75,000
Sharon Allen Board Member 001.00
Director
$0 $0 $0
Dr Douglas Craddock Jr Board Member 001.00
Director
$0 $0 $0
Jeana Dunlap Board Member 001.00
Director
$0 $0 $0
Jennifer Hancock Board Member 001.00
Director
$0 $0 $0
Tammy Hawkins Board Member 001.00
Director
$0 $0 $0
Dr Gaberiel Jones Jr Board Member 001.00
Director
$0 $0 $0
Keith Jackson Board Member 001.00
Director
$0 $0 $0
Dr Mary Milliner Board Member 001.00
Director
$0 $0 $0
Aleshia Burns Board Member 001.00
Director
$0 $0 $0
Michael Neagle Board Member 001.00
Director
$0 $0 $0
Khristopher Romaine Board Member 001.00
Director
$0 $0 $0
Desmond Smith Jr Board Member 001.00
Director
$0 $0 $0
William Summers V Board Member 001.00
Director
$0 $0 $0
Dr Dawn Wade Board Member 001.00
Director
$0 $0 $0
Jessica Jackson Board Member 001.00
Director
$0 $0 $0
Gary Williams Board Member 001.00
Director
$0 $0 $0
Delores Johnson Jones Board Member 001.00
Director
$0 $0 $0
Lyndon E Pryor Board Member 001.00
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
2024 No data No data No data No data
2023 $419,668 $363,785 $30,119,279 $55,883
2022 $25,641,095 $194,417 $30,077,345 $25,446,678
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