M-POWER Ministries

EIN: 311639601 501(c)(3) Human Services

Birmingham, AL

Total Revenue
$1,001,861
Total Expenses
$795,714
Total Assets
$1,769,922
Net Assets
$1,185,360
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Tuckman-Chang Vulnerability Assessment

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Financial Trends

Organization Details

Formation Year
1998
Legal Domicile
AL
Principal Officer
Cindy Bembry
Phone
2055955959
Tax Period
2023-01-01 to 2023-12-31

M-POWER Ministries, founded in 1998, is a small nonprofit in the Human Services sector that reported $792K in total revenue in fiscal year 2018. Revenue grew 10% year-over-year, indicating healthy expansion. Expenses of $713K left a modest 10% surplus.

Mission

To provide opportunities for people to break the cycle of poverty through education and health services.

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Trantor Score

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $1,005,550
Program Service Revenue $0
Investment Income $9,885
Other Revenue $-13,574
TOTAL REVENUE $1,001,861

Expense Breakdown

Grants Paid $0
Salaries & Benefits $456,016
Fundraising Expenses $62,121
Program Expenses $639,340
Other Expenses $339,698
TOTAL EXPENSES $795,714

Year-over-Year Comparison

2023 2022 Change
Revenue $1,001,861 $960,361 +0.0%
Expenses $795,714 $757,203 +0.1%
Net Income $206,147 $203,158 +0.0%
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
16
Independent Members
16
Employees
12
Volunteers
197

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
$127,426
Total Directors
16
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Sharon Stuart Past Chair 1.00
Officer Director
$0 $0 $0
Cindy Bembry Chair 1.00
Officer Director
$0 $0 $0
Grady Core Member 1.00
Director
$0 $0 $0
Robert Crook Member 1.00
Director
$0 $0 $0
Dale Lloyd Member 1.00
Director
$0 $0 $0
Billy Forbes Treasurer 1.00
Officer Director
$0 $0 $0
Sandra Hardy Member 1.00
Director
$0 $0 $0
Jeannie Dodson Member 1.00
Director
$0 $0 $0
Alice Jackson Member 1.00
Director
$0 $0 $0
Steve McCord Member 1.00
Director
$0 $0 $0
Robert Reeve Member 1.00
Director
$0 $0 $0
Jon Whetsell Member 1.00
Director
$0 $0 $0
Bill Bennett Member 1.00
Director
$0 $0 $0
Jeff Glaze Member 1.00
Director
$0 $0 $0
Alton Irwin Member 1.00
Director
$0 $0 $0
Kenan Lucas Member 1.00
Director
$0 $0 $0
Dalton Smith Executive Director 40.00
Officer
$127,426 $0 $127,426
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 $1,001,861 $795,714 $1,769,922 $206,147
2022 $960,361 $757,203 $1,998,599 $203,158
2021 $850,618 $741,866 $792,171 $108,752
2020 $864,463 $682,754 $679,687 $181,709
2019 $788,154 $720,629 $513,930 $67,525
2018 $792,401 $713,003 $456,370 $79,398
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