EMPOWER SPORTS CORPORATION (EIN 204449014) - 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

2006

Legal Domicile

Principal Officer

TOM HEINES

Phone

2164008598

Tax Period

2024-01-01 to 2024-12-31

EMPOWER SPORTS CORPORATION, founded in 2006, is a small nonprofit in the Human Services sector that reported $487K in total revenue in fiscal year 2024. Revenue surged 32% from the prior year, signaling strong growth momentum.

Mission

EMPOWER SPORTS EXISTS TO ENRICH THE LIVES OF ATHLETES OF DIVERSE CHALLENGES THROUGH SPORTS AND EXERCISE WHILE PROMOTING KINDNESS, CHARACTER, AND RELATIONSHIPS.

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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 $461,025

Program Service Revenue $34,373

Investment Income $0

Other Revenue $-8,874

TOTAL REVENUE $486,524

Expense Breakdown

Grants Paid $0

Salaries & Benefits $361,033

Fundraising Expenses $3,900

Program Expenses $408,396

Other Expenses $143,157

TOTAL EXPENSES $504,190

Year-over-Year Comparison

	2024	2023	Change
Revenue	$486,524	$368,697	+0.3%
Expenses	$504,190	$378,368	+0.3%
Net Income	$-17,666	$-9,671	+0.8%

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

1200

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

$78,750

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
STEVE THOMPSON	TRUSTEE	7.50	Director	$0	$0	$0
MICHAEL HEINES	TRUSTEE	7.50	Director	$0	$0	$0
KRISTIN GIBBS	TRUSTEE	7.50	Director	$0	$0	$0
TIM OFFTERMATT	TRUSTEE	7.50	Director	$0	$0	$0
CINDY REAGAN	TRUSTEE	7.50	Director	$0	$0	$0
MICHAEL CHARLILLO	TRUSTEE	7.50	Director	$0	$0	$0
ART BOROWSKI	TRUSTEE	7.50	Director	$0	$0	$0
WILL HUHN	TRUSTEE	7.50	Director	$0	$0	$0
JOHN RYAN	TRUSTEE	7.50	Director	$0	$0	$0
REGINA EISENBERG	TRUSTEE	7.50	Director	$0	$0	$0
TOM HEINES	EXECUTIVE DIR.	50.00	Officer	$78,750	$0	$78,750

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	$486,524	$504,190	$17,168	$-17,666
2023	$368,697	$378,368	$30,016	$-9,671
2022	$342,493	$329,406	$39,687	$13,087
2021	$240,513	$241,841	$26,600	$-1,328
2020	$223,328	$199,876	$27,928	$23,452
2019	$136,765	$138,978	$4,476	$-2,213
2018	$118,902	$137,573	$6,689	$-18,671

EMPOWER SPORTS CORPORATION