EMPOWER4LIFEMD Inc

EIN: 473925389 501(c)(3) Education

Fallston, MD

Total Revenue
$323,313
Total Expenses
$310,666
Total Assets
$167,335
Net Assets
$167,335
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2015
Legal Domicile
MD
Principal Officer
Jennifer Cox
Phone
4103402540
Tax Period
2024-01-01 to 2024-12-31

EMPOWER4LIFEMD Inc, founded in 2015, is a small nonprofit in the Education sector that reported $323K in total revenue in fiscal year 2024. Revenue surged 167% from the prior year, signaling strong growth momentum. Expenses of $311K left a modest 4% surplus.

Mission

We seek to provide children living in shelters with necessary resources to enable them to live healthy lives. We use wellness education to empower children to learn to make good decisions. We use fitness professionals to

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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 $148,198
Program Service Revenue $0
Investment Income $0
Other Revenue $175,115
TOTAL REVENUE $323,313

Expense Breakdown

Grants Paid $4,070
Salaries & Benefits $26,538
Fundraising Expenses $0
Program Expenses $251,239
Other Expenses $280,058
TOTAL EXPENSES $310,666

Year-over-Year Comparison

2024 2023 Change
Revenue $323,313 $120,954 +1.7%
Expenses $310,666 $152,339 +1.0%
Net Income $12,647 $-31,385 -1.4%
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

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Governance

Voting Members
13
Independent Members
13
Employees
5
Volunteers
200

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
$22,168
Total Directors
12
$22,168
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JENNIFER COX PRESIDENT EXECUTIVE DIR 025.00
Officer Director
$13,301 $0 $13,301
CONNIE CARNES BOARD EMEBER 025.00
Officer Director
$8,867 $0 $8,867
JACQUELINE HARDWICK VICE PRESIDENT 001.00
Officer Director
$0 $0 $0
KATHERINE KLAUSMEIER BOARD MEMBER 001.00
Director
$0 $0 $0
DENISE MASKELL BOARD MEMBER 001.00
Director
$0 $0 $0
RAY MASKELL BOARD MEMBER 001.00
Director
$0 $0 $0
TRISHA WOODWARD BOARD MEMBER 001.00
Director
$0 $0 $0
ZACH GREAVER BOARD MEMBER 001.00
Director
$0 $0 $0
JEFF ALLEMAN BOARD MEMBER 001.00
Director
$0 $0 $0
AMIE SMITH BOARD MEMBER 001.00
Director
$0 $0 $0
CHUCK FERRARO BOARD MEMBER 001.00
Director
$0 $0 $0
LAUREN YANKOLONIS BOARD MEMBER 001.00
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
2024 $323,313 $310,666 $167,335 $12,647
2023 $120,954 $152,339 $154,688 $-31,385
2022 $138,708 $116,947 $186,073 $21,761
2022 $138,708 $116,947 $186,073 $21,761
2021 $120,257 $75,763 $164,312 $44,494
2020 $53,942 $78,683 $137,748 $-24,741
2019 $66,102 $74,760 $144,558 $-8,658
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