ACADEMIC EMPOWERMENTFOUNDATION INC

EIN: 522450894 501(c)(3) Education

Upper Marlboro, MD

Total Revenue
$10,722
Total Expenses
$16,578
Total Assets
$10,722
Net Assets
$10,722
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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
2005
Legal Domicile
MD
Principal Officer
Lynett Belton
Phone
3014377411
Tax Period
2023-01-01 to 2023-12-31

ACADEMIC EMPOWERMENTFOUNDATION INC, founded in 2005, is a micro nonprofit in the Education sector that reported $11K in total revenue in fiscal year 2023. Revenue fell 33% from the prior year — a significant decline worth monitoring. Expenses of $17K exceeded revenue, resulting in a 55% operating deficit.

Mission

Provide educational opportunities for college bound students via campus visitation, bus trips, sponsor financial aid and workshops.

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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 (2023)

Revenue Breakdown

Contributions & Grants $7,722
Program Service Revenue $3,000
Investment Income $0
Other Revenue $0
TOTAL REVENUE $10,722

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $18,045
Other Expenses $16,578
TOTAL EXPENSES $16,578

Year-over-Year Comparison

2023 2022 Change
Revenue $10,722 $15,930 -0.3%
Expenses $16,578 $23,639 -0.3%
Net Income $-5,856 $-7,709 -0.2%
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
5
Independent Members
5
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
5
$0
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Ronald E Edwards Vice President 015.00
Officer Director
$0 $0 $0
Lynett Belton Pesident/Executive Dr 050.00
Officer Director
$0 $0 $0
Lucinda Parker Treasurer 005.00
Officer Director
$0 $0 $0
Carelita Caudle Officer 010.00
Officer Director
$0 $0 $0
Ben Randall Officer 005.00
Officer
$0 $0 $0
Andrew E Edwards Founder N/A
$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
2023 $10,722 $16,578 $10,722 $-5,856
2022 $10,978 $17,831 $17,437 $-6,853
2021 $15,930 $23,639 $24,290 $-7,709
2021 $15,930 $23,639 $24,290 $-7,709
2020 $27,982 $25,020 $31,999 $2,962
2019 $24,137 $20,850 $29,037 $3,287
2018 $16,298 $13,596 $25,750 $2,702
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