The Louisville Urban League Inc
Nonprofit profile at a glance
- EIN
- 610444771
- IRS 990 coverage
- 2017–2024
- Forms available
- Form 990 2024
- Location
- Louisville, KY, USA
- Phone
- 5025616830
- Rating
- 67
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Human Services
Reported finances
- Revenue
- $13,379,980
- Expenses
- $16,251,118
- Assets
- $45,005,315
- Liabilities
- $20,270,874
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
20 people listed
Executive titles in this filing
- LYNDON PRYOR (PRESIDENT AND CEO)
- KEVIN DUNLAP (REBOUND EXECUTIVE DIRECTOR)
Highest reported compensation
- LYNDON PRYOR (PRESIDENT AND CEO): $314,087 total reported compensation
- KEVIN DUNLAP (REBOUND EXECUTIVE DIRECTOR): $160,133 total reported compensation
- ANTHONY LEACHMAN (CFO): $159,231 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
As an active partner, leader and catalyst, we will assist african americans, other minority groups and the disadvantaged attain social and economic equality and stability through direct services and advocacy.
What it reported doing in 2024
The louisville urban league's center for housing and economic empowerment provides comprehensive housing counseling and financial education programs to families throughout the louisville metro area to help increase access to safe, decent, affordable housing for low to moderate income households. Program services include home ownership training, rental readiness, mortgage default/foreclosure counseling, budget and credit counseling, fair housing education, and a variety of financial education classes.
Operating model
- Revenue model
- Donor-supported. 64% of the money available for current operations came from contributions and gifts.
- Distribution model
- Hybrid. The nonprofit split its reported program spending across 74% for direct work, and 26% for grants.
The verdict
SUPPORTED - The filed numbers largely add up and most voting board members are independent. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 47
- Transparency & Controls: 76
- Accountability: 95
- Sustainability: 32
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 52%; rating input score 52
- Program expense ratio: 41.5%; rating input score 41
- Fundraising efficiency: $11.87 raised per $1 spent on fundraising; rating input score 43; 43rd percentile among comparable filings
Transparency & Controls
- Consistency checks: 92.9%; rating input score 93; 10th percentile among comparable filings
- Pay-setting controls: 3 of 6 controls in place; rating input score 50
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Pass
- Compensation survey or study: Pass
- Board or committee approval: Pass
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Scored; rating input score 0
Accountability
- Independent voting board: 100%; rating input score 100; 66th percentile among comparable filings
- Governance controls: 8 of 9 controls in place; rating input score 89
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Fail
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: -21.5%; rating input score 4; 4th percentile among comparable filings
- Total-asset coverage ratio: 2.77; rating input score 72; 72nd percentile among comparable filings
- Liabilities to assets ratio: 0.45; rating input score 33; 33rd percentile among comparable filings
- Officer compensation ratio: 5.6%; rating input score 46; 46th percentile among comparable filings
Growth
- Program expense growth: 19.5% per year; rating input score 100; 89th percentile among comparable filings
- Revenue growth: 14.3% per year; rating input score 100; 85th percentile among comparable filings
- Asset growth: 20.9% per year; rating input score 100; 90th percentile among comparable filings
Details
- Where the money goes: 52% of revenue deployed · 41.5% of spending went to programs
- Governance: 15 of 15 board members independent · 8 of 9 filing controls reported
- Programs: 4 filed program accomplishments · $6.7M in reported program spending
- Leadership: top reported pay $314K · 20 people listed · 3 of 6 pay-setting controls reported
- Consistency: 29 of 29 current checks pass
- Schedules: 6 filed schedules · includes major donors, executive pay, and related organizations
- Filing history: 8 filing years from 2017 to 2024
- Contacts: How to reach this organization
- Money network: 5 filed money-flow records
- Related organizations: 3 filed related-organization links
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Review — Financial Efficiency: Mission deployment rate scored 52/100.
- Moderate — Financial Efficiency: Program expense ratio scored 41/100.
- Moderate — Financial Efficiency: Fundraising efficiency scored 43/100.
- High — Sustainability: Operating margin scored 4/100.
- High — Transparency & Controls: Related-party transparency scored 0/100.
- Review — Accountability: Governance controls: Other executive compensation review process not reported.
- Moderate — Sustainability: Liabilities to assets ratio scored 33/100.
- Moderate — Sustainability: Officer compensation ratio scored 46/100.