THE MARTIN LUTHER KING JRFREEDOM CTR (EIN 943390034) - 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

2001

Legal Domicile

Principal Officer

ROY WILSON

Phone

2067553677

Tax Period

2023-01-01 to 2023-12-31

THE MARTIN LUTHER KING JRFREEDOM CTR, founded in 2001, is a community nonprofit in the Human Services sector that reported $1.9M in total revenue in fiscal year 2023. Revenue surged 58% from the prior year, signaling strong growth momentum. Expenses of $1.8M left a modest 9% surplus.

Mission

Community development & non-violence.

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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 $1,934,049

Program Service Revenue $0

Investment Income $3,497

Other Revenue $-60

TOTAL REVENUE $1,937,486

Expense Breakdown

Grants Paid $8,855

Salaries & Benefits $684,862

Fundraising Expenses $5,121

Program Expenses $1,714,784

Other Expenses $1,058,168

TOTAL EXPENSES $1,757,006

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,937,486	$1,228,629	+0.6%
Expenses	$1,757,006	$1,525,564	+0.2%
Net Income	$180,480	$-296,935	-1.6%

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

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

$32,000

Total Directors

$32,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ROY WILSON	Executive Dir.	40.00	Officer Director	$32,000	$0	$32,000
Alton Jelks	Director	1.00	Director	$0	$0	$0
Carol Johnson	Director	1.00	Director	$0	$0	$0
William Riley	Director	1.00	Director	$0	$0	$0
Royl Roberts	Secre./Treas,	1.00	Officer Director	$0	$0	$0
KIM THOMPSON	Director	1.00	Director	$0	$0	$0
AUDREE JONES TAYLOR	EMERITUS	1.00	Director	$0	$0	$0
LATRESSA ALFORD	Director	1.00	Director	$0	$0	$0
Elihu Harris	Chairman	1.00	Officer Director	$0	$0	$0
Michael Lighty	Director	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
2024	No data	No data	No data	No data
2023	$1,937,486	$1,757,006	$1,530,540	$180,480
2022	$1,228,629	$1,525,564	$2,163,739	$-296,935
2021	$2,005,266	$1,713,508	$1,477,561	$291,758
2020	$1,696,656	$1,320,808	$1,067,116	$375,848
2019	$310,762	$1,214,863	$93,790	$-904,101
2018	$1,406,532	$586,564	$1,042,670	$819,968

THE MARTIN LUTHER KING JRFREEDOM CTR