EMPOWER DREAMS INC

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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

2011

Legal Domicile

Principal Officer

Paul Staudacher

Phone

2146959497

Tax Period

2023-01-01 to 2023-12-31

EMPOWER DREAMS INC, founded in 2011, is a small nonprofit in the Religion sector that reported $252K in total revenue in fiscal year 2023. Revenue surged 245% from the prior year, signaling strong growth momentum. The organization ran a surplus of $141K, a strong 56% operating margin.

Mission

Empower Dreams assist mature ministries with a track record of fruit whom God has called to another layer of growth and that growth requires funding. We assist in providing that funding to enable that growth.

Program Service Accomplishments

Program 1

Expenses: $30,158 Revenue: $0

Purchase of Audio Bibles projectors and films for a Romanian discipleship and evangelism ministry and ministries in India and Peru

Program 2

Expenses: $27,000 Revenue: $0

Funding discipleship and evangelism training materials and supplies to reach the Katcha people of Sudan

Program 3

Expenses: $20,000 Revenue: $0

Funded the development of high-quality discipleship written materials and video presentations in the Hmong language China.

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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 $252,336

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $252,336

Expense Breakdown

Grants Paid $87,846

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $87,846

Other Expenses $23,767

TOTAL EXPENSES $111,613

Year-over-Year Comparison

	2023	2022	Change
Revenue	$252,336	$73,037	+2.5%
Expenses	$111,613	$60,704	+0.8%
Net Income	$140,723	$12,333	+10.4%

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

N/A

Volunteers

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Paul Staudacher	President	5.00	Director	$0	$0	$0
Brent Svor	Secretary	2.00	Director	$0	$0	$0
Kris Watson	Director	2.00	Director	$0	$0	$0
Keith Cole	Director	2.00	Director	$0	$0	$0
Robyn Shriver	Director	2.00	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	$252,336	$111,613	$190,208	$140,723