WILLIE MAE MORRIS EMPOWERMENT CENTER INC

EIN: 263324316 501(c)(3) Human Services

CHICAGO, IL

Total Revenue
$25
Total Expenses
$78,834
Total Assets
$173,731
Net Assets
$173,731
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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
2011
Legal Domicile
IL
Principal Officer
JOLINDA WADE
Phone
3123714788
Tax Period
2024-01-01 to 2024-12-31

WILLIE MAE MORRIS EMPOWERMENT CENTER INC, founded in 2011, is a micro nonprofit in the Human Services sector that reported $25 in total revenue in fiscal year 2024. Revenue fell 97% from the prior year — a significant decline worth monitoring. Expenses of $79K exceeded revenue, resulting in a 315236% operating deficit.

Mission

TO BREAK DOWN BARRIERS AND TRANSFORM LIVES OF FAMILIES.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $25
Other Revenue $0
TOTAL REVENUE $25

Expense Breakdown

Grants Paid $3,177
Salaries & Benefits $69,973
Fundraising Expenses $0
Program Expenses $3,177
Other Expenses $5,684
TOTAL EXPENSES $78,834

Year-over-Year Comparison

2024 2023 Change
Revenue $25 $731 -1.0%
Expenses $78,834 $24,175 +2.3%
Net Income $-78,809 $-23,444 +2.4%
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

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Governance

Voting Members
3
Independent Members
3
Employees
1
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
1
$65,000
Total Directors
1
$65,000
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JOLINDA WADE PRESIDENT 10.00
Officer Director
$65,000 $0 $65,000
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 $25 $78,834 $173,731 $-78,809
2023 $731 $24,175 $252,540 $-23,444
2022 $298,371 $28,510 $275,984 $269,861
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