Columbia Empowerment Zone Inc

EIN: 300479115 501(c)(3) Community Improvement

Columbia, SC

Total Revenue
$5,383,811
Total Expenses
$1,043,960
Total Assets
$17,821,457
Net Assets
$16,887,948
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2008
Legal Domicile
SC
Phone
8035453950
Tax Period
2024-07-01 to 2025-06-30

Columbia Empowerment Zone Inc, founded in 2008, is a community nonprofit in the Community Improvement sector that reported $5.4M in total revenue in fiscal year 2024. Revenue surged 203% from the prior year, signaling strong growth momentum. The organization ran a surplus of $4.3M, a strong 81% operating margin.

Mission

Columbia Empowerment Zone Inc. implements activities designed to enhance the lives or residents in targeted areas. Activities such as the training of unemployed and underemployed individuals and the offering of low interest loans and assisting with tax credits to qualifying businesses is undertaken to achieve job creation, career paths, business growth, and training.

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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 $4,915,719
Program Service Revenue $247,351
Investment Income $215,183
Other Revenue $5,558
TOTAL REVENUE $5,383,811

Expense Breakdown

Grants Paid $0
Salaries & Benefits $502,408
Fundraising Expenses $0
Program Expenses $868,845
Other Expenses $541,552
TOTAL EXPENSES $1,043,960

Year-over-Year Comparison

2024 2023 Change
Revenue $5,383,811 $1,774,744 +2.0%
Expenses $1,043,960 $1,013,130 +0.0%
Net Income $4,339,851 $761,614 +4.7%
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

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Liquidity & Cash Position

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Governance

Voting Members
9
Independent Members
9
Employees
N/A
Volunteers
9

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
5
$117,064
Total Directors
9
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Azad Khan Treasurer 1.0
Officer Director
$0 $0 $0
Gretchen Lambert Secretary 1.0
Officer Director
$0 $0 $0
Russell McCoy Chair 1.0
Officer Director
$0 $0 $0
Sharon L Coefield Co-Chair 1.0
Officer Director
$0 $0 $0
Benjamin Johnson Board Member 1.0
Director
$0 $0 $0
Carl Stent Board Member 1.0
Director
$0 $0 $0
Jameka Young Board Member 1.0
Director
$0 $0 $0
Mary Sparrow Board Member 1.0
Director
$0 $0 $0
William Brice Board Member 1.0
Director
$0 $0 $0
Felicia Maloney Executive Director 40.0
Officer
$0 $0 $117,064
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 $5,383,811 $1,043,960 $17,821,457 $4,339,851
2024 No data No data No data No data
2023 $5,748,993 $798,795 $13,153,094 $4,950,198
2023 $5,748,993 $798,795 $13,153,094 $4,950,198
2022 $645,048 $695,316 $8,236,222 $-50,268
2022 $645,048 $695,316 $8,236,222 $-50,268
2021 $597,920 $582,513 $6,808,237 $15,407
2020 $421,767 $398,505 $6,771,638 $23,262
2019 $463,755 $381,176 $6,738,333 $82,579
2018 $-270,010 $337,238 $6,659,228 $-607,248
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