COMMUNITY EMPOWERMENT FUND

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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

2010

Legal Domicile

Principal Officer

CAROLYN FRYBERGER

Phone

9192000233

Tax Period

2023-01-01 to 2023-12-31

COMMUNITY EMPOWERMENT FUND, founded in 2010, is a community nonprofit in the Community Improvement sector that reported $1.9M in total revenue in fiscal year 2023. Revenue surged 23% from the prior year, signaling strong growth momentum. Expenses of $1.7M left a modest 12% surplus.

Mission

TO CULTIVATE OPPORTUNITIES, ASSETS, AND COMMUNITIES THAT SUPPORT THE ALLEVIATION OF HOMELESSNESS AND POVERTY.

Program Service Accomplishments

Program 1

Expenses: $1,425,513

ADVOCATE PROGRAM: CONNECTED 929 FAMILIES, CONNECTING 1,676 HOUSEHOLD MEMBERS WITH ASSERTIVE SUPPORT, AND INNOVATING FINANCIAL TOOLS TO HELP THEM MEET THEIR SELF-DETERMINED GOALS. SPECIFIC OUTCOMES...

ADVOCATE PROGRAM: CONNECTED 929 FAMILIES, CONNECTING 1,676 HOUSEHOLD MEMBERS WITH ASSERTIVE SUPPORT, AND INNOVATING FINANCIAL TOOLS TO HELP THEM MEET THEIR SELF-DETERMINED GOALS. SPECIFIC OUTCOMES INCLUDE ASSISTING 65 INDIVIDUALS IN GAINING NEW EMPLOYMENT AND BENEFITS AND ASSISTING 55 HOUSEHOLDS IN MAKING SUCCESSFUL TRANSITIONS FROM HOMELESSNESS.

Program 2

Expenses: $53,050

SAVINGS PROGRAM: ENABLED 122 HOMELESS AND NEAR HOMELESS INDIVIDUALS TO SAVE 131,715 TOWARDS PERSONAL SAVINGS GOALS BY PROVIDING GOAL ORIENTED, MATCHED SAVINGS ACCOUNTS AND PERSONALIZED MONEY...

SAVINGS PROGRAM: ENABLED 122 HOMELESS AND NEAR HOMELESS INDIVIDUALS TO SAVE 131,715 TOWARDS PERSONAL SAVINGS GOALS BY PROVIDING GOAL ORIENTED, MATCHED SAVINGS ACCOUNTS AND PERSONALIZED MONEY MANAGEMENT ASSISTANCE. THE PROGRAM ALSO PROVIDES LOW-INCOME INDIVIDUALS WITH FINANCIAL COACHING, JOB READINESS TRAINING, AND RELATIONSHIP-BASED SUPPORT FOR ACHIEVING GREATER FINANCIAL STABILITY.

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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 $1,861,769

Program Service Revenue $0

Investment Income $26,303

Other Revenue $19,060

TOTAL REVENUE $1,907,132

Expense Breakdown

Grants Paid $0

Salaries & Benefits $738,448

Fundraising Expenses $51,891

Program Expenses $1,478,563

Other Expenses $938,852

TOTAL EXPENSES $1,677,300

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,907,132	$1,553,814	+0.2%
Expenses	$1,677,300	$874,467	+0.9%
Net Income	$229,832	$679,347	-0.7%

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

162

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

$80,227

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DONNA CARRINGTON	EXECUTIVE DI	40.00	Officer	$80,227	$0	$80,227
LEANGELA BAKER	DIRECTOR	1.00	Director	$0	$0	$0
KATIE BARNETT	DIRECTOR	1.00	Director	$0	$0	$0
LATOYIA BORIA	CO-CHAIR	1.00	Officer Director	$0	$0	$0
JOANNA BOWEN	DIRECTOR	1.00	Director	$0	$0	$0
TESSA DELGO	SECRETARY (7	1.00	Officer Director	$0	$0	$0
KAREN ELDRIDGE	CO-CHAIR	1.00	Officer Director	$0	$0	$0
CAROLYN FRYBERGER	TREASURER	1.00	Officer Director	$0	$0	$0
CHRIS JARRETT	DIRECTOR	1.00	Director	$0	$0	$0
JESSIE MAXWELL	DIRECTOR	1.00	Director	$0	$0	$0
RYAN REGAN	DIRECTOR	1.00	Director	$0	$0	$0
ANANYA TADIKONDA	SECRETARY (7	1.00	Officer Director	$0	$0	$0
CARL WELCH	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	No data	No data	No data	No data
2023	$1,907,132	$1,677,300	$2,446,988	$229,832
2022	$1,553,814	$874,467	$2,439,677	$679,347
2021	$1,176,233	$824,306	$1,301,255	$351,927
2020	$1,099,843	$923,933	$1,014,545	$175,910
2019	$768,944	$712,686	$732,693	$56,258
2018	$671,768	$517,161	$678,496	$154,607