POWER INC FAMILY & CHILDREN SERVICES

EIN: 752937202 501(c)(3) Education

Desoto, TX

Total Revenue
$429,910
Total Expenses
$441,946
Total Assets
$44,580
Net Assets
$44,580
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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
2002
Legal Domicile
TX
Principal Officer
Deborah Cornelius
Phone
9722964263
Tax Period
2020-01-01 to 2020-12-31

POWER INC FAMILY & CHILDREN SERVICES, founded in 2002, is a small nonprofit in the Education sector that reported $430K in total revenue in fiscal year 2020. Revenue fell 27% from the prior year — a significant decline worth monitoring.

Mission

Our mission is to transform communities by implementing centers in neighborhoods that promote Education, Opportunity and Hope

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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 (2020)

Revenue Breakdown

Contributions & Grants $429,910
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $429,910

Expense Breakdown

Grants Paid $0
Salaries & Benefits $183,740
Fundraising Expenses $0
Program Expenses $441,946
Other Expenses $258,206
TOTAL EXPENSES $441,946

Year-over-Year Comparison

2020 2019 Change
Revenue $429,910 $588,688 -0.3%
Expenses $441,946 $588,688 -0.2%
Net Income $-12,036 $0 N/A
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
3
Independent Members
N/A
Employees
14
Volunteers
3

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
3
$0
Total Directors
0
$0
Key Employees
1
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Deborah Cornelius President 2
Officer Key Emp
$0 $0 $0
Verdell Young Treasurer 2
Officer
$0 $0 $0
Lajauta Dauda Secretary 0
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
2020 $429,910 $441,946 $44,580 $-12,036
2019 $588,688 $588,688 $56,516 No data
2017 $612,646 $612,646 $22,797 No data
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