COMMUNITY EMPOWERMENT ASSOCIATION INC (EIN 251760121) - 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

1995

Legal Domicile

Principal Officer

T RASHAD BYRDSONG

Phone

4123713689

Tax Period

2023-01-01 to 2023-12-31

COMMUNITY EMPOWERMENT ASSOCIATION INC, founded in 1995, is a community nonprofit in the Community Improvement sector that reported $1.7M in total revenue in fiscal year 2023. Revenue decreased 7% compared to the prior year.

Mission

TO EMPOWER COMMUNITIES AND FAMILIES BY PROVIDING HIGH QUALITY, WELL- MANAGED, INNOVATIVE SERVICES, INCLUDING FAMILY SUPPORT SERVICES, EDUCATION, HOUSING, ECONOMIC DEVELOPMENT AND 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 (2023)

Revenue Breakdown

Contributions & Grants $1,701,745

Program Service Revenue $0

Investment Income $1,227

Other Revenue $16,447

TOTAL REVENUE $1,719,419

Expense Breakdown

Grants Paid $0

Salaries & Benefits $889,333

Fundraising Expenses $118,456

Program Expenses $1,293,615

Other Expenses $963,765

TOTAL EXPENSES $1,853,098

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,719,419	$1,842,259	-0.1%
Expenses	$1,853,098	$2,150,723	-0.1%
Net Income	$-133,679	$-308,464	-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

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

$106,515

Total Directors

$106,515

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
T RASHAD BYRDSONG	PRESIDENT &	40.00	Officer Director	$106,515	$0	$106,515
CHRISTOPHER CARTER	BOARD MEMBER	1.00	Director	$0	$0	$0
FRAN CARTER	SECRETARY	1.00	Officer Director	$0	$0	$0
MARTELL COVINGTON	CHAIRMAN	1.00	Officer Director	$0	$0	$0
LAVERN JACKSON	BOARD MEMBER	1.00	Director	$0	$0	$0
ROBERT MARIN	BOARD MEMBER	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
2023	$1,719,419	$1,853,098	$1,449,293	$-133,679
2022	$1,842,259	$2,150,723	$1,526,342	$-308,464
2021	$2,146,451	$2,373,571	$1,416,947	$-227,120
2020	$2,330,462	$1,913,429	$1,680,142	$417,033
2019	$1,642,309	$1,671,184	$1,411,018	$-28,875
2018	$2,043,080	$2,098,508	$1,394,114	$-55,428

COMMUNITY EMPOWERMENT ASSOCIATION INC