Powherful Foundation Inc

EIN: 452440475 501(c)(3) Education

New York, NY

Total Revenue
$57,400
Total Expenses
$97,949
Total Assets
$334,163
Net Assets
$328,507
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2011
Legal Domicile
NY
Phone
6467080577
Tax Period
2024-01-01 to 2024-12-31

Powherful Foundation Inc, founded in 2011, is a micro nonprofit in the Education sector that reported $57K in total revenue in fiscal year 2024. Revenue fell 67% from the prior year — a significant decline worth monitoring. Expenses of $98K exceeded revenue, resulting in a 71% operating deficit.

Mission

The mission of the foundation is to get young women to and through college. The organization provides financial assistance, mentorship and wraparound serives to help scholars to achieve their hightest potential.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

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

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $49,691
Program Service Revenue $5,515
Investment Income $0
Other Revenue $2,194
TOTAL REVENUE $57,400

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $4,438
Program Expenses $76,663
Other Expenses $97,949
TOTAL EXPENSES $97,949

Year-over-Year Comparison

2024 2023 Change
Revenue $57,400 $173,543 -0.7%
Expenses $97,949 $141,625 -0.3%
Net Income $-40,549 $31,918 -2.3%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
3
Independent Members
3
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
3
$0
Total Directors
3
$0
Key Employees
1
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Soledad OBrien Chairperson 1.00
Officer Director
$0 $0 $0
Brad Raymond Treasurer 1.00
Officer Director
$0 $0 $0
Kim Bondy Secretary 1.00
Officer Director
$0 $0 $0
Carrie Beehan Executive Director 35.00
Key Emp
$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 $57,400 $97,949 $334,163 $-40,549
2023 $173,543 $141,625 $378,480 $31,918
2022 $122,045 $65,528 $349,167 $56,517
2021 $180,173 $96,399 $290,521 $83,774
2020 $250,146 $87,428 $204,555 $162,718
2019 $419,427 $485,990 $54,707 $-66,563
Explore More Nonprofits
Top 100 Nonprofits in New York Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare Powherful Foundation Inc with other nonprofits in New York and across the country.