EMPOWER PEACE INC

EIN: 542171862 501(c)(3) Arts, Culture & Humanities

BOSTON, MA

Total Revenue
$328,747
Total Expenses
$425,586
Total Assets
$83,108
Net Assets
$73,784
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2006
Legal Domicile
MA
Principal Officer
RICHARD H RENDON
Phone
6179123800
Tax Period
2023-01-01 to 2023-12-31

EMPOWER PEACE INC, founded in 2006, is a small nonprofit in the Arts, Culture & Humanities sector that reported $329K in total revenue in fiscal year 2023. Revenue fell 55% from the prior year — a significant decline worth monitoring. Expenses of $426K exceeded revenue, resulting in a 29% operating deficit.

Mission

THE ORGANIZATION SEEKS TO BRIDGE THE CULTURAL GAP BETWEEN HIGH SCHOOL STUDENTS THROUGH EDUCATIONAL LEADERSHIP CONFERENCES AND THE UTILIZATION OF STATE OF THE ART TECHNOLOGIES, INCLUDING VIDEOCONFERENCING, INTERNET TELEVISION, INTERNET RADIO AND WEB STREAMING, AND TO PROVIDE A WORLDWIDE NETWORK OF STUDENTS, TEACHERS, AND SCHOOLS COMMITTED TO BREAKING DOWN BARRIERS AND MISCONCEPTIONS THROUGH DIALOGUE AND THE OPEN EXPRESSION OF IDEAS.

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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 $328,747
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $328,747

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $420,575
Other Expenses $425,586
TOTAL EXPENSES $425,586

Year-over-Year Comparison

2023 2022 Change
Revenue $328,747 $723,157 -0.5%
Expenses $425,586 $567,800 -0.3%
Net Income $-96,839 $155,357 -1.6%
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
6
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
4
$0
Total Directors
6
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
GERALD J AUSTIN DIRECTOR N/A
Director
$0 $0 $0
MICHAEL BAKER DIRECTOR N/A
Director
$0 $0 $0
JAMES M FAIRWEATHER TREASURER N/A
Officer Director
$0 $0 $0
JAMES B KING CHAIRMAN N/A
Officer Director
$0 $0 $0
RICHARD H RENDON FOUNDER N/A
Officer Director
$0 $0 $0
SUSAN RYAN CLERK N/A
Officer 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
2023 $328,747 $425,586 $83,108 $-96,839
2022 $723,157 $567,800 $389,469 $155,357
2021 $41,500 $73,035 $20,876 $-31,535
2020 $207,697 $157,730 $54,467 $49,967
2019 $366,143 $360,937 $58,245 $5,206
2018 $324,255 $364,430 $56,878 $-40,175
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