THE EMPOWERED WORKFORCE ASSOCIATION (EIN 263272172) - 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

2009

Legal Domicile

Phone

5712382012

Tax Period

2024-01-01 to 2024-12-31

THE EMPOWERED WORKFORCE ASSOCIATION, founded in 2009, is a community nonprofit that reported $1.2M in total revenue in fiscal year 2024. Revenue fell 40% from the prior year — a significant decline worth monitoring.

Mission

The Organization is focused on benefiting the lives of the community and environment. By educating interested individuals with certified trade partners, the organization provides the community with a skilled and developed workforce trained in bettering the community.

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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 $1,175,800

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $1,175,800

Expense Breakdown

Grants Paid $1,034,000

Salaries & Benefits $6,330

Fundraising Expenses $0

Program Expenses $1,281,194

Other Expenses $147,604

TOTAL EXPENSES $1,187,934

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,175,800	$1,954,657	-0.4%
Expenses	$1,187,934	$1,967,618	-0.4%
Net Income	$-12,134	$-12,961	-0.1%

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

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

$6,330

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Derek Larson	Director	40.00	Director	$0	$0	$0
Josh Russell	Director	12.00	Director	$0	$0	$0
James Larson	President	40.00	Director	$0	$0	$0
Melissa Larson	Director & VP	25.00	Director	$0	$0	$0
Jill Robey	Director	20.00	Director	$6,330	$0	$6,330
Fred Reitzel	Director	1.00	Director	$0	$0	$0
James Sledge	Director	5.00	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	$1,175,800	$1,187,934	$197,222	$-12,134
2023	$1,954,657	$1,967,618	$209,356	$-12,961
2022	$2,517,925	$2,579,532	$222,317	$-61,607
2021	$8,487,514	$8,261,115	$281,260	$226,399
2020	$3,109,250	$3,081,629	$91,887	$27,621

THE EMPOWERED WORKFORCE ASSOCIATION