THE EMPOWERMENT ACADEMY (EIN 472094844) - Form 990 Financial Analysis & Trantor Score

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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

2014

Legal Domicile

Principal Officer

DOUGLAS LANZ

Tax Period

2023-01-01 to 2023-12-31

THE EMPOWERMENT ACADEMY, founded in 2014, is a small nonprofit in the Human Services sector that reported $599K in total revenue in fiscal year 2023. Revenue surged 94% from the prior year, signaling strong growth momentum. The organization ran a surplus of $591K, a strong 99% operating margin.

Mission

Empowerment Academy is empowering students to reach their educational potential by providing safe, long-term housing 24/7/365 with access to basic necessities and life skills 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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $599,261

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $599,261

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $8,276

TOTAL EXPENSES $8,276

Year-over-Year Comparison

	2023	2022	Change
Revenue	$599,261	$309,516	+0.9%
Expenses	$8,276	$1,085	+6.6%
Net Income	$590,985	$308,431	+0.9%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
VICKI BOWEN	BOARD MEMBER	001.00	Director	$0	$0	$0
KEITH CAIN	BOARD MEMBER	001.00	Director	$0	$0	$0
JERRY RHOADS	BOARD MEMBER	001.00	Director	$0	$0	$0
BRIAN WILBORN	BOARD MEMBER	001.00	Director	$0	$0	$0
GORDON BARNETT	BOARD MEMBER	001.00	Director	$0	$0	$0
COREY KING	BOARD MEMBER	001.00	Director	$0	$0	$0
BRITTNEY JOHNSON	BOARD MEMBER	001.00	Director	$0	$0	$0
MIKE BALLARD	BOARD MEMBER	005.00	Director	$0	$0	$0
DAVID BOSWELL	BOARD MEMBER	001.00	Director	$0	$0	$0
LIBBY JOHNSON	BOARD MEMBER	001.00	Director	$0	$0	$0
CHRISTIAN POTTS	BOARD MEMBER	001.00	Director	$0	$0	$0
WILL MOUNTS	CHAIR	005.00	Officer	$0	$0	$0
VICKI QUISENBERRY	SECRETARY	005.00	Officer	$0	$0	$0
JUSTIN MEERS	TREASURER	005.00	Officer	$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	$599,261	$8,276	$1,017,678	$590,985
2022	$309,516	$1,085	$426,693	$308,431

THE EMPOWERMENT ACADEMY