VILLAGE EMPOWERMENT INC (EIN 208158145) - 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

2007

Legal Domicile

Principal Officer

H HARISH HANDE

Phone

9789965368

Tax Period

2023-08-01 to 2024-07-31

VILLAGE EMPOWERMENT INC, founded in 2007, is a small nonprofit in the International Affairs sector that reported $869K in total revenue in fiscal year 2023. Revenue surged 24% from the prior year, signaling strong growth momentum.

Mission

VILLAGE EMPOWERMENT'S MISSION IS IMPLEMENTATION OF VARIOUS TECHNOLOGIES AND PROVIDE SUSTAINABLE SOLUTIONS ACROSS THE GLOBE THAT BREAK THE CYCLE OF POVERTY AND EMBRACE THE RESOURCES, ECONOMY, AND CULTURE PRESENT IN THE COMMUNITY AND MEET THE ENERGY, WATER, FOOD, LIGHT AND OTHER NEEDS OF PEOPLE IN COMMUNITIES GLOBALLY. (HEREIN VILLAGE EMPOWERMENT INC REFERRED TO AS 'VE')

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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 $760,350

Program Service Revenue $91,160

Investment Income $17,327

Other Revenue $0

TOTAL REVENUE $868,837

Expense Breakdown

Grants Paid $0

Salaries & Benefits $14,331

Fundraising Expenses $0

Program Expenses $851,254

Other Expenses $889,221

TOTAL EXPENSES $903,552

Year-over-Year Comparison

	2023	2022	Change
Revenue	$868,837	$699,533	+0.2%
Expenses	$903,552	$627,767	+0.4%
Net Income	$-34,715	$71,766	-1.5%

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

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
H HARISH HANDE	PRESIDENT & DIRECTOR	20.00	Director	$0	$0	$0
MICHAEL REINHARDT	TREASURER & DIRECTOR	1.00	Director	$0	$0	$0
JOHN J DUFFY	ASSISTANT CLERK & DIRECTOR	3.00	Director	$0	$0	$0
CAROLINA BARRETO	DIRECTOR	1.00	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	$868,837	$903,552	$922,596	$-34,715
2023	$699,533	$627,767	$959,199	$71,766
2022	$494,950	$599,520	$296,333	$-104,570
2022	$488,150	$590,337	$305,516	$-102,187
2021	$276,766	$76,385	$543,265	$200,381

VILLAGE EMPOWERMENT INC