THE EMPOWERMENT CENTER (EIN 562497243) - 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

2005

Legal Domicile

Principal Officer

LaKeshia Chambers

Tax Period

2024-01-01 to 2024-12-31

THE EMPOWERMENT CENTER, founded in 2005, is a community nonprofit in the Religion sector that reported $1.2M in total revenue in fiscal year 2024. Expenses of $1.1M left a modest 8% surplus.

Mission

Our mission is to build resilience in youth and families by bridging the gap between wellness and well-being through workforce development housing and mental health supports.

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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 $1,105,022

Program Service Revenue $53,974

Investment Income $18,643

Other Revenue $0

TOTAL REVENUE $1,177,639

Expense Breakdown

Grants Paid $60,593

Salaries & Benefits $414,124

Fundraising Expenses $0

Program Expenses $933,712

Other Expenses $607,998

TOTAL EXPENSES $1,082,715

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,177,639	$1,198,187	0.0%
Expenses	$1,082,715	$960,417	+0.1%
Net Income	$94,924	$237,770	-0.6%

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

Governance

Voting Members

Independent Members

N/A

Employees

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Teresse Lewis	Executive Director	40.00	Director	$0	$0	$0
Eboni Lawrence	Community Health Worker	40.00	Director	$0	$0	$0
Tamika Martin	Administrator	20.00	Director	$0	$0	$0
Loann Lawa	Business Owner	1.00	Director	$0	$0	$0
Tiffany Baker	President	40.00	Officer	$0	$0	$0
Corey Lewis	Secretary	20.00	Officer	$0	$0	$0
LaKeshia McClanahan	Treasurer	20.00	Officer	$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	$1,177,639	$1,082,715	$1,036,875	$94,924
2023	$1,198,187	$960,417	$713,187	$237,770
2022	$351,901	$346,408	$163,513	$5,493
2021	$362,974	$294,011	$154,923	$68,963
2020	$292,738	$279,842	$94,161	$12,896

THE EMPOWERMENT CENTER