POWER52 INC (EIN 475176575) - 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

2015

Legal Domicile

Principal Officer

CHERIE BROOKS

Phone

4107779677

Tax Period

2024-01-01 to 2024-12-31

POWER52 INC, founded in 2015, is a community nonprofit in the Human Services sector that reported $1.0M in total revenue in fiscal year 2024. Revenue surged 90% from the prior year, signaling strong growth momentum. The organization ran a surplus of $344K, a strong 34% operating margin.

Mission

POWER52 PROVIDES EMPLOYMENT TRAINING FOR AT RISK ADULTS RETURNING CITIZENS AND UNDERSERVED INDIVIDUALS LIVING IN BALTIMORE CITY AND SURROUNDING COUNTIES.

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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 (2024)

Revenue Breakdown

Contributions & Grants $965,922

Program Service Revenue $0

Investment Income $0

Other Revenue $60,335

TOTAL REVENUE $1,026,257

Expense Breakdown

Grants Paid $0

Salaries & Benefits $416,971

Fundraising Expenses $26,478

Program Expenses $488,104

Other Expenses $265,233

TOTAL EXPENSES $682,204

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,026,257	$539,653	+0.9%
Expenses	$682,204	$518,291	+0.3%
Net Income	$344,053	$21,362	+15.1%

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

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

$100,325

Total Directors

$100,325

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CHERIE BROOKS	PRESIDENT/CE	40.00	Officer Director	$100,325	$0	$100,325
BARBARA EBEL	BOARD MEMBER	1.00	Director	$0	$0	$0
ERIC KING	BOARD MEMBER	1.00	Director	$0	$0	$0
RAY LEWIS	ADVISORY BOA	1.00	Director	$0	$0	$0
WALTER BARNES III	CHAIRMAN OF	1.00	Director	$0	$0	$0
ANTAWAN ANDERSON	BOARD MEMBER	1.00	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	$1,026,257	$682,204	$523,935	$344,053
2023	$539,653	$518,291	$128,914	$21,362
2022	$578,391	$623,208	$331,231	$-44,817
2022	$578,391	$623,208	$331,231	$-44,817
2021	$527,123	$568,717	$342,905	$-41,594
2020	$651,208	$519,011	$312,034	$132,197
2019	$465,926	$512,264	$116,676	$-46,338
2018	$907,447	$838,792	$142,384	$68,655

POWER52 INC