IFS EMPOWERMENT CENTER (EIN 824142186) - 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

2018

Legal Domicile

Principal Officer

KIMBERLY WILLIAMS

Phone

2148277220

Tax Period

2023-10-01 to 2024-09-30

IFS EMPOWERMENT CENTER, founded in 2018, is a small nonprofit in the Human Services sector that reported $172K in total revenue in fiscal year 2023. Expenses of $199K exceeded revenue, resulting in a 16% operating deficit.

Mission

This Corporation is organized and will be operated exclusively to carry out the purposes of Interfaith Family Services, a Texas nonprofit corporation ("Interfaith Family Services"), which: (1) is exempt from federal income taxation under Section 501(c)(3) of the Code; (2) is not a private foundation within the meaning of Section 509(a) of the Code; (3) is organized exclusively for charitable, educational, and religious purposes; (4) establishes, renovates, operates, manages, maintains, improves, and supervises one or more nonprofit housing projects for the impoverished; (5) provides support and relief to the impoverished by providing short-term housing without regard to their ability to pay; (6) assists and enables the impoverished to improve their spiritual, directional, and financial circumstances; and (7) does any other act or thing incidental to or connected with the foregoing purposes or in advancement thereof, but not for the pecuniary profit or financial gain of the directors or

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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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $171,941

Other Revenue $0

TOTAL REVENUE $171,941

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $4,004

Program Expenses $188,618

Other Expenses $199,216

TOTAL EXPENSES $199,216

Year-over-Year Comparison

	2023	2022	Change
Revenue	$171,941	$172,164	0.0%
Expenses	$199,216	$209,420	0.0%
Net Income	$-27,275	$-37,256	-0.3%

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

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

$280,347

Total Directors

$280,347

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KIMBERLY WILLIAMS	President & CEO	2.00	Officer Director	$0	$24,550	$171,023
CHRISTIE RICHIE	COO	1.00	Officer Director	$0	$12,657	$109,324
MEREDITH CAMP	Director	2.00	Director	$0	$0	$0
DIRK COPPLE	Director	1.00	Director	$0	$0	$0
NEIL WEST	Director	1.00	Director	$0	$0	$0
BILL DICKASON	Director	1.00	Director	$0	$0	$0
STEPHEN HUTTO	Director	1.00	Director	$0	$0	$0
SPENCE MILLER	Director	1.00	Director	$0	$0	$0
CURTIS HILL	Director	1.00	Director	$0	$0	$0
ZACH POPE	Director	1.00	Director	$0	$0	$0
CHRISTI SAYLORS	Director	1.00	Director	$0	$0	$0
RICHARD THOMAS	Director	1.00	Director	$0	$0	$0
SHAY O'DWYER KING	Chairman	2.00	Officer Director	$0	$0	$0
ADAM GOLDENBERG	VICE CHAIR/DEV	2.00	Officer Director	$0	$0	$0
ELIZABETH FALCO	FINANCE CHAIR	2.00	Officer Director	$0	$0	$0
KELLY HINE	GOV CHAIR	2.00	Officer Director	$0	$0	$0
RACHEL ROYAL	Secretary	2.00	Officer 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	$171,941	$199,216	$10,742,892	$-27,275
2023	$172,164	$209,420	$10,917,069	$-37,256
2022	$170,826	$206,148	$11,096,932	$-35,322
2021	$170,727	$209,272	$11,279,885	$-38,545
2020	$182,675	$268,456	$11,571,609	$-85,781

IFS EMPOWERMENT CENTER