mPower Approach Inc (EIN 205349796) - 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

Norm Schenk

Tax Period

2023-01-01 to 2023-12-31

mPower Approach Inc, founded in 2006, is a small nonprofit in the Health Care sector that reported $172K in total revenue in fiscal year 2023. Revenue surged 89% from the prior year, signaling strong growth momentum. Expenses of $219K exceeded revenue, resulting in a 27% operating deficit.

Mission

To assist missions oriented ministries and local indigenous churches to equip them with the technology, training and operational skills for them to faithfully carry out their calling to proclaim the name of Christ in a self-supporting manner.

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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 $206,162

Program Service Revenue $0

Investment Income $4

Other Revenue $-33,927

TOTAL REVENUE $172,239

Expense Breakdown

Grants Paid $600

Salaries & Benefits $65,984

Fundraising Expenses $26,508

Program Expenses $158,963

Other Expenses $152,234

TOTAL EXPENSES $218,818

Year-over-Year Comparison

	2023	2022	Change
Revenue	$172,239	$91,163	+0.9%
Expenses	$218,818	$173,384	+0.3%
Net Income	$-46,579	$-82,221	-0.4%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Jerry Batson	Director	1.00	Director	$0	$0	$0
Matt Carper	Director	1.00	Director	$0	$0	$0
Bryan Harris	Director	1.00	Director	$0	$0	$0
Linda Webster	Director	30.00	Director	$0	$0	$0
Norm Schenk	Chairman	1.00	Officer Director	$0	$0	$0
Tim Williams	President	30.00	Officer 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	$172,239	$218,818	$112,078	$-46,579
2022	$91,163	$173,384	$160,328	$-82,221
2021	$195,584	$128,787	$241,677	$66,797
2020	$85,981	$131,565	$187,811	$-45,584
2019	$215,786	$210,696	$219,681	$5,090
2018	$243,055	$185,150	$214,586	$57,905

mPower Approach Inc