AmPowering

EIN: 821392485 501(c)(3) Human Services

Redmond, WA

Total Revenue
$540,663
Total Expenses
$468,500
Total Assets
$361,725
Net Assets
$333,267
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2017
Legal Domicile
WA
Principal Officer
Menka Soni
Phone
4254187181
Tax Period
2023-01-01 to 2023-12-31

AmPowering, founded in 2017, is a small nonprofit in the Human Services sector that reported $541K in total revenue in fiscal year 2023. Revenue surged 68% from the prior year, signaling strong growth momentum. Expenses of $468K left a modest 13% surplus.

Mission

The mission of AmPowering is to be a catalyst to enable vulnerable communities to enhance & develop their quality of life by creating opportunities encompassing educational, socio-economic and behavioral transformations. We are committed to empowering women, youth and enriching families and transforming communities.

Program Service Accomplishments

Program 1
Expenses: $213,424 Revenue: $0

Feed The Need, Mayka & Emergency Support (India & USA): AmPowering distributed groceries, food, rental assistance, paying utilities, interim shelter in hotels, personal hygiene, and many more as...

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Feed The Need, Mayka & Emergency Support (India & USA): AmPowering distributed groceries, food, rental assistance, paying utilities, interim shelter in hotels, personal hygiene, and many more as requested as per the need. Through this program in 2023, approximately 255,000 people were helped in the United States, and 78,000 people were helped in India. Helping people by paying their rent, utilities, food, groceries, and transportation. Mayka program is providing interim shelter to many people in need who are facing homelessness due to situations of domestic violence and other reasons. In addition, under mental health, a retreat and sessions on The Well Mind were hosted.

Program 2
Expenses: $85,370 Revenue: $0

Arts & Culture: AmPowering held the North America Fashion Week, one of the most equitable & inclusive fashion events with over 1500 people attending in person, Diwali - Festival of Light event to...

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Arts & Culture: AmPowering held the North America Fashion Week, one of the most equitable & inclusive fashion events with over 1500 people attending in person, Diwali - Festival of Light event to celebrate arts, culture and traditions. AmPowering also hosted Festival of Color to celebrate & promote diversity while focusing on culture. Seattle office of economic development & City of Seattle, invited AmPowering to bring these festivals to Seattle and also help promote small businesses and to revitalize Seattle Downtown. All events in general promote Arts & Culture with support from the City of Seattle, Renton, and Arts Commission. There were a few other smaller events conducted by AmPowering to promote arts and culture and they were Art of Acting, Garba etc.

Program 3
Expenses: $128,054 Revenue: $0

Women Empowerment: AmPowering put on the Global Women Festival and traditional pageant with support from the City of Renton. Approximately 2,000 people attended this event. In addition, AmPowering...

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Women Empowerment: AmPowering put on the Global Women Festival and traditional pageant with support from the City of Renton. Approximately 2,000 people attended this event. In addition, AmPowering provided free education and training to approximately 1,500 people in need and Helped a few women earn dignity through EmPowerUp. This event is also hosted to promote lodging & tourism in the City of Renton. So, it serves the purpose of women empowerment, arts culture, tourism & diversity, helping the community, charity & City Government.

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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 $587,132
Program Service Revenue $0
Investment Income $0
Other Revenue $-46,469
TOTAL REVENUE $540,663

Expense Breakdown

Grants Paid $116,124
Salaries & Benefits $81,339
Fundraising Expenses $0
Program Expenses $426,848
Other Expenses $271,037
TOTAL EXPENSES $468,500

Year-over-Year Comparison

2023 2022 Change
Revenue $540,663 $321,299 +0.7%
Expenses $468,500 $274,056 +0.7%
Net Income $72,163 $47,243 +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

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Liquidity & Cash Position

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Governance

Voting Members
4
Independent Members
4
Employees
2
Volunteers
300

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
$60,000
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Ashish Soni Chief Executive Officer 40
Officer
$60,000 $0 $60,000
Menka Soni President 40
Officer Director
$0 $0 $0
Ashish Keshwani Secretary 1
Officer Director
$0 $0 $0
Kavita Dave Treasurer 1
Officer Director
$0 $0 $0
Ashwin Karuhatty Director 1
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
2024 No data No data No data No data
2023 $540,663 $468,500 $361,725 $72,163
2022 $321,299 $274,056 $322,345 $47,243
2021 $333,724 $230,238 $231,804 $103,486
2020 $251,139 $173,226 $150,507 $77,913
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