EMPOWER 7 INC (EIN 825131004) - 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

MELANIE COBB

Phone

4692647400

Tax Period

2024-01-01 to 2024-12-31

EMPOWER 7 INC, founded in 2018, is a small nonprofit in the Youth Development sector that reported $408K in total revenue in fiscal year 2024. Revenue surged 213% from the prior year, signaling strong growth momentum. The organization ran a surplus of $309K, a strong 76% operating margin.

Mission

EMPOWER 7 IS CALLED TO MEET THE NEEDS OF FOSTER & AT RISK YOUTH IN NORTH TEXAS PROVIDING A SAFE CHRIST-CENTERED RESIDENTIAL COMMUNITY THAT CAN BE CALLED HOME

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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 $401,187

Program Service Revenue $0

Investment Income $74

Other Revenue $6,799

TOTAL REVENUE $408,060

Expense Breakdown

Grants Paid $0

Salaries & Benefits $36,000

Fundraising Expenses $676

Program Expenses $90,943

Other Expenses $63,439

TOTAL EXPENSES $99,439

Year-over-Year Comparison

	2024	2023	Change
Revenue	$408,060	$130,250	+2.1%
Expenses	$99,439	$96,004	+0.0%
Net Income	$308,621	$34,246	+8.0%

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

120

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

$36,000

Total Directors

$36,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MELANIE COBB	PRESIDENTFOUNDER	50.00	Officer Director	$36,000	$0	$36,000
BRENT BAKER	DIRECTOR	2.00	Director	$0	$0	$0
LISA GONZALES	DIRECTOR	2.00	Director	$0	$0	$0
CINDY SUMRALL	BOARD CHAIR	10.00	Officer Director	$0	$0	$0
JACQUE SILLERS	SECTRES	5.00	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	$408,060	$99,439	$504,774	$308,621
2023	$130,250	$96,004	$196,153	$34,246
2022	$104,910	$55,283	$161,907	$49,627
2021	$136,630	$48,540	$112,280	$88,090

EMPOWER 7 INC