EDPOWERMENT INC

EIN: 272017667 501(c)(3) International Affairs

MAHWAH, NJ

Total Revenue
$157,512
Total Expenses
$147,695
Total Assets
$250,755
Net Assets
$250,755
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2010
Legal Domicile
NJ
Phone
2017881088
Tax Period
2023-01-01 to 2023-12-31

EDPOWERMENT INC, founded in 2010, is a small nonprofit in the International Affairs sector that reported $158K in total revenue in fiscal year 2023. Revenue decreased 5% compared to the prior year. Expenses of $148K left a modest 6% surplus.

Mission

To provide educational training and related support for neglected students and community members in severely impoverished villages outside of Moshi, Tanzania.

Program Service Accomplishments

Program 1
Expenses: $55,256

SPONSORSHIP PROGRAM: In 2023 EdPowerment funded over 20 higher-education and 13 secondary and primary scholarships through our Tanzanian partner, Education Empowerment Organization (EdPowerment)...

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SPONSORSHIP PROGRAM: In 2023 EdPowerment funded over 20 higher-education and 13 secondary and primary scholarships through our Tanzanian partner, Education Empowerment Organization (EdPowerment). EdPowerment continues to provide all educational requirements, as well as personal needs, transport, medical and at times, family support for these students. EdPowerment works with all students and recent graduates on advanced computer and life skills during school breaks, and offers targeted assistance to recent graduates as they seek employment.

Program 2
Expenses: $38,877

IN-COUNTRY PROGRAM MANAGEMENT: These expenses include our staff, who conduct all sponsorship supervision, seminars and other program services, and other required costs including office and resource...

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IN-COUNTRY PROGRAM MANAGEMENT: These expenses include our staff, who conduct all sponsorship supervision, seminars and other program services, and other required costs including office and resource room where students study and use computer and internet services. Transportation costs reflect petrol/van maintenance expenses to transport staff and equipment to seminars, trainings and deliver food for the emergency drought relief program, as well as sponsored student travel to colleges, universities and potential employers.

Program 3
Expenses: $36,266

SEMINARS, CLUBS AND OTHER TRAININGS FOR SECONDARY STUDENTS AND COMMUNITY WOMEN: In 2023 EdPowerment continued a Secondary School Skills Program in schools that receive minimal government and parental...

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SEMINARS, CLUBS AND OTHER TRAININGS FOR SECONDARY STUDENTS AND COMMUNITY WOMEN: In 2023 EdPowerment continued a Secondary School Skills Program in schools that receive minimal government and parental support in villages of extraordinary economic hardship. Seminars teach critical study skills; demonstrate best practice test-taking strategies, and otherwise promote a positive approach to learning. Saturday Boys and Girls Clubs engage students in sports, arts and games, while offering practical lessons in local income-producing agricultural, product-based, or service-based activities. As an outgrowth of these Club activities, in December EdPowerment embarked on a new project- the EdPowerment Business Incubation Center. Offering three programs, the Centre is a way for these secondary school graduates and other young adults to develop locally needed skills in carpentry, snack/food production, and the making of reusable menstrual pads to be distributed in secondary schools and sold in local markets. The menstrual pad program, Wings for Confident Women, will allow better female school attendance and participation in society, now constrained because of lack of these products and hygiene support.EdPowerment also supported development of two small Women's Business Groups in drought-stricken villages that now lack vegetation for planting and raising livestock. Each group of 20 women came together in a formal structure to begin a soap-making/marketing enterprise. EdPowerment's seed money, trainings and operational coaching will enable these women to build a sustainable business whose profits will help to feed and educate their children.

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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 (2023)

Revenue Breakdown

Contributions & Grants $149,824
Program Service Revenue $0
Investment Income $0
Other Revenue $7,688
TOTAL REVENUE $157,512

Expense Breakdown

Grants Paid $0
Salaries & Benefits $27,992
Fundraising Expenses $0
Program Expenses $130,399
Other Expenses $119,703
TOTAL EXPENSES $147,695

Year-over-Year Comparison

2023 2022 Change
Revenue $157,512 $165,865 -0.1%
Expenses $147,695 $119,127 +0.2%
Net Income $9,817 $46,738 -0.8%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
7
Independent Members
7
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
4
$0
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JILLIAN SWINFORD DIRECTOR/SEC 1.00
Director
$0 $0 $0
KERRI GILBERT DIRECTOR/VP 3.00
Officer Director
$0 $0 $0
CORINNE MCGOVERN DIRECTOR 1.00
Director
$0 $0 $0
STACEY LAUREN DIRECTOR 1.00
Director
$0 $0 $0
JOHN CORBETT DIRECTOR 1.00
Officer Director
$0 $0 $0
MOIRA MADONIA President 40.00
Officer Director
$0 $0 $0
PETER MADONIA DIRECTOR/TREAS 3.00
Officer 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
2025 No data No data No data No data
2024 No data No data No data No data
2023 $157,512 $147,695 $250,755 $9,817
2022 $165,865 $119,127 $240,938 $46,738
2021 $175,307 $147,717 $194,200 $27,590
2020 $222,407 $217,308 $166,613 $5,099
2019 $206,728 $203,539 $160,701 $3,189
2018 $376,848 $308,002 $157,512 $68,846
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