EMPOWERMENT INCORPORATED (EIN 631242259) - Form 990 Financial Analysis & Trantor Score

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Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1999

Legal Domicile

Principal Officer

CEDRIC ALLEN

Phone

2059016263

Tax Period

2024-01-01 to 2024-12-31

EMPOWERMENT INCORPORATED, founded in 1999, is a community nonprofit in the Human Services sector that reported $1.1M in total revenue in fiscal year 2017. Revenue surged 42% from the prior year, signaling strong growth momentum.

Mission

To provide additional support services for homeless and low income children and sponsor after school programs and computer workshops. To identify unmet community needs of area youths and to determine if the activity required to meet these needs are within the nonprofit purpose

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $842,425

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $842,425

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $779,044

Program Expenses $1,250

Other Expenses $780,294

TOTAL EXPENSES $780,294

Year-over-Year Comparison

	2024	2023	Change
Revenue	$842,425	$1,511,094	-0.4%
Expenses	$780,294	$1,499,725	-0.5%
Net Income	$62,131	$11,369	+4.5%

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

N/A

Volunteers

375

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
CEDRIC ALLEN	PRESIDENT	20.00	Officer	$0	$0	$0
SONYA EDWARDS	ACCOUNTANT	18.00	Key Emp	$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	$842,425	$780,294	$139,319	$62,131
2023	$1,511,094	$1,499,725	$77,188	$11,369
2022	$1,636,898	$1,836,639	$65,819	$-199,741
2021	$512,681	$384,537	$276,409	$128,144
2020	$120,000	$115,946	$157,769	$4,054
2019	$594,846	$590,319	$40,778	$4,527
2018	$47,830	$49,174	$36,251	$-1,344
2017	$1,072,900	$1,118,736	$37,595	$-45,836

EMPOWERMENT INCORPORATED