EMPOWERMENT OF FLORIDA INC (EIN 202721328) - 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

2004

Legal Domicile

Principal Officer

GLENN FROMMER

Phone

9044630852

Tax Period

2024-01-01 to 2024-12-31

EMPOWERMENT OF FLORIDA INC, founded in 2004, is a community nonprofit in the Human Services sector that reported $2.9M in total revenue in fiscal year 2024. Revenue surged 120% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.3M, a strong 43% operating margin.

Mission

ASSIST DISABLED INDIVIDUALS IN FINDING AND KEEPING EMPLOYMENT.

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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 (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $2,843,280

Investment Income $49,692

Other Revenue $-603

TOTAL REVENUE $2,892,369

Expense Breakdown

Grants Paid $0

Salaries & Benefits $786,122

Fundraising Expenses $0

Program Expenses $1,472,274

Other Expenses $849,510

TOTAL EXPENSES $1,635,632

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,892,369	$1,313,573	+1.2%
Expenses	$1,635,632	$1,467,649	+0.1%
Net Income	$1,256,737	$-154,076	-9.2%

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

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

$111,800

Total Directors

$111,800

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
GLENN FROMMER	PRESIDENT	40.00	Officer Director	$111,800	$0	$111,800

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	$2,892,369	$1,635,632	$2,638,654	$1,256,737
2023	$1,313,573	$1,467,649	$1,381,917	$-154,076
2022	$1,145,179	$992,090	$1,644,580	$153,089
2021	$1,654,316	$1,081,974	$1,490,421	$572,342
2020	$886,892	$881,329	$811,132	$5,563
2019	$1,511,310	$1,337,256	$804,999	$174,054
2018	$1,028,727	$900,051	$630,945	$128,676

EMPOWERMENT OF FLORIDA INC