EMPOWERMENT INC (EIN 561965772) - 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

1996

Legal Domicile

Principal Officer

DELORES BAILEY

Phone

9199678779

Tax Period

2022-01-01 to 2022-12-31

EMPOWERMENT INC, founded in 1996, is a community nonprofit in the Human Services sector that reported $1.5M in total revenue in fiscal year 2022. Revenue decreased 14% compared to the prior year. The organization ran a surplus of $444K, a strong 30% operating margin.

Mission

TO MOBILIZE LOW INCOME COMMUNITIES.

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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 (2022)

Revenue Breakdown

Contributions & Grants $758,344

Program Service Revenue $638,519

Investment Income $836

Other Revenue $94,548

TOTAL REVENUE $1,492,247

Expense Breakdown

Grants Paid $21,073

Salaries & Benefits $369,499

Fundraising Expenses $57,983

Program Expenses $844,980

Other Expenses $657,994

TOTAL EXPENSES $1,048,566

Year-over-Year Comparison

	2022	2021	Change
Revenue	$1,492,247	$1,730,216	-0.1%
Expenses	$1,048,566	$915,768	+0.1%
Net Income	$443,681	$814,448	-0.5%

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

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

$95,333

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ALEAN FARRINGTON	PRESIDENT	1.00	Officer Director	$0	$0	$0
LAURA WRIGHT	SECRETARY	1.00	Officer Director	$0	$0	$0
LINDA BYNUM	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
DAVID BRIGHT	TREASURER	1.00	Officer Director	$0	$0	$0
EMILA SUTTON	DIRECTOR	1.00	Director	$0	$0	$0
DANITA MASON-HOGANS	DIRECTOR	1.00	Director	$0	$0	$0
MONICA WALLACE	DIRECTOR	1.00	Director	$0	$0	$0
PARIS MILLER-FOUSHEE	DIRECTOR	1.00	Director	$0	$0	$0
COREY FLANNERY	DIRECTOR	1.00	Director	$0	$0	$0
BERNADINE ALSTON COBB	DIRECTOR	1.00	Director	$0	$0	$0
DELORES BAILEY	EXECUTIVE DIRECTOR	40.00	Officer	$85,462	$9,871	$95,333

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
2022	$1,492,247	$1,048,566	$5,831,416	$443,681
2021	$1,514,640	$1,033,736	$5,109,895	$480,904
2021	$1,730,216	$915,768	$5,444,370	$814,448
2020	$1,403,843	$872,815	$4,689,847	$531,028
2019	$1,219,011	$925,059	$4,244,334	$293,952

EMPOWERMENT INC