EMPOWERMENT ENTERPRISE II (EIN 262950191) - 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

2008

Legal Domicile

Principal Officer

AARON B WADE

Tax Period

2023-10-01 to 2024-09-30

EMPOWERMENT ENTERPRISE II, founded in 2008, is a community nonprofit in the Youth Development sector that reported $1.4M in total revenue in fiscal year 2023. Revenue surged 107% from the prior year, signaling strong growth momentum. The organization ran a surplus of $645K, a strong 46% operating margin.

Mission

JOB SKILL READNESS, HIV & AIDS EDUCATION, MUSIC EDUCATION

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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 $1,409,228

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $1,409,228

Expense Breakdown

Grants Paid $0

Salaries & Benefits $47,346

Fundraising Expenses $7,235

Program Expenses $698,373

Other Expenses $716,896

TOTAL EXPENSES $764,242

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,409,228	$682,193	+1.1%
Expenses	$764,242	$622,658	+0.2%
Net Income	$644,986	$59,535	+9.8%

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

N/A

Independent Members

N/A

Employees

N/A

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
AARON B WADE	CEO	25.00	Officer	$0	$0	$0
KIMBERLY MATTHEW	SECRETARY	0.00	Key Emp	$0	$0	$0
VERNON RICHARDSON Jr	VICE CHAIR	0.00	Key Emp	$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	$1,409,228	$764,242	$2,441,215	$644,986
2023	$682,193	$622,658	$1,966,593	$59,535
2022	$502,208	$421,223	$776,221	$80,985
2021	$462,216	$375,525	$694,003	$86,691
2020	$369,975	$336,072	$285,431	$33,903
2019	$379,422	$374,740	$75,828	$4,682

EMPOWERMENT ENTERPRISE II