EMPOWER SCHOOLS INC

EIN: 043534001 501(c)(3) Education

BOSTON, MA

Total Revenue
$5,932,845
Total Expenses
$5,822,472
Total Assets
$5,853,499
Net Assets
$5,316,978
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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
2000
Legal Domicile
MA
Principal Officer
CARA MCKENNA
Phone
6173783900
Tax Period
2023-07-01 to 2024-06-30

EMPOWER SCHOOLS INC, founded in 2000, is a community nonprofit in the Education sector that reported $5.9M in total revenue in fiscal year 2023.

Mission

EMPOWER SCHOOLS PARTNERS WITH COMMUNITIES TO CREATE THE SCHOOL SYSTEMS COMMUNITIES WANT AND STUDENTS DESERVE. WE'RE HERE TO SUPPORT EDUCATION CHAMPIONS AND ADVANCE POLICY CHANGE IN THREE INTERCONNECTED WAYS: INNOVATION SCHOOLS, RURAL INNOVATION AND EARLY COLLEGE & CAREER PATHWAYS.

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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 $1,065,230
Program Service Revenue $4,708,362
Investment Income $114,360
Other Revenue $44,893
TOTAL REVENUE $5,932,845

Expense Breakdown

Grants Paid $0
Salaries & Benefits $3,379,358
Fundraising Expenses $106,477
Program Expenses $4,798,968
Other Expenses $2,443,114
TOTAL EXPENSES $5,822,472

Year-over-Year Comparison

2023 2022 Change
Revenue $5,932,845 $6,036,313 0.0%
Expenses $5,822,472 $5,763,664 +0.0%
Net Income $110,373 $272,649 -0.6%
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

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Governance

Voting Members
6
Independent Members
5
Employees
30
Volunteers
5

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
8
$1,008,687
Total Directors
7
$183,489
Key Employees
0
$0
Highest Compensated
4
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BRETT ALESSI CO-FOUNDER AND PARTNER 40.00
Officer Director
$179,615 $3,874 $183,489
CHRIS GABRIELI CO-FOUNDER AND SENIOR ADVISOR 20.00
Officer Director
$0 $0 $0
JOSE ALVAREZ BOARD MEMBER (UNTIL 8/23) 1.00
Director
$0 $0 $0
MARY SEAWELL BOARD MEMBER 1.00
Director
$0 $0 $0
MEREDITH BOAK BOARD MEMBER 1.00
Director
$0 $0 $0
DR CHRIS SHROPSHIRE BOARD MEMBER 1.00
Director
$0 $0 $0
NAEHA DEAN BOARD MEMBER 1.00
Director
$0 $0 $0
CARA MCKENNA COO & TREASURER 32.00
Officer
$128,665 $20,450 $149,115
ALYSSA MORTON CEO AND PARTNER 40.00
Officer
$178,295 $28,979 $207,274
SARAH ROBB PARTNER 40.00
Officer
$163,122 $14,801 $177,923
MATTHEW MATERA PARTNER 40.00
Officer
$160,308 $3,597 $163,905
CAREY DAVIS CLERK (UNTIL 4/24)/DIRECTOR 40.00
Officer
$114,469 $12,512 $126,981
HIMANVI KOPURI CLERK (AS OF 4/24) 40.00
Officer
$0 $0 $0
HANNAH FOLEY DIRECTOR 40.00
Highest
$110,077 $27,645 $137,722
MALIK STEWART DIRECTOR 40.00
Highest
$113,187 $27,629 $140,816
BARRY TYLER DIRECTOR 40.00
Highest
$113,154 $27,746 $140,900
SARA BUTLER DIRECTOR 40.00
Highest
$106,961 $27,504 $134,465
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
2025 No data No data No data No data
2024 $5,932,845 $5,822,472 $5,853,499 $110,373
2023 $6,036,313 $5,763,664 $6,005,695 $272,649
2022 $4,854,097 $4,802,810 $5,547,626 $51,287
2021 $5,235,686 $3,668,286 $5,273,911 $1,567,400
2020 $3,627,275 $3,224,520 $3,711,143 $402,755
2019 $3,104,222 $2,217,278 $3,055,902 $886,944
2018 $1,710,442 $2,132,615 $2,084,349 $-422,173
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