EMPOWER 7 INC

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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

Program Service Accomplishments

Program 1

Expenses: $86,568

EMPOWER 7 PROVIDES BLESSING & GROWTH PROGRAMS THAT ADDRESS THE EMERGENT NEEDS OF AT-RISK, UNDESERVED TEENS SO THEY CAN FOCUS ON THEIR HEALING AND GROWTH. EMPOWER 7 PROVIDES EDUCATIONAL, LIFE- SKILL AND CHRISTIAN RELIGIOUS AND SPIRITUAL COUNSELING SERVICES THROUGH VARIOUS LEARNING EXPERIENCES TO HELP SHAPE THEIR FUTURE.

Program 2

Expenses: $4,375

EMPOWER 7 IS DESIGNING THE E.M.P.O.W.E.R 7 - STEP MODEL & PROGRAMMING CURRICULA TO BE IMPLEMENTED AT EMPOWER 7 RANCH. THIS MODEL PROVIDES A STRUCTURED FRAMEWORK TO ADMINISTER SERVICES THAT ARE...

EMPOWER 7 IS DESIGNING THE E.M.P.O.W.E.R 7 - STEP MODEL & PROGRAMMING CURRICULA TO BE IMPLEMENTED AT EMPOWER 7 RANCH. THIS MODEL PROVIDES A STRUCTURED FRAMEWORK TO ADMINISTER SERVICES THAT ARE APPROPRIATE TO EACH YOUTHS REQUIRED LEVEL OF CARE AND UNIQUE DEVELOPMENTAL NEEDS, MONITOR AND MEASURE THE YOUTHS PROGRESSION THROUGHOUT THEIR TRANSISTION TO ADULTHOOD, AND TO ADJUST THE SERVICE PLANS AND PROGRAMMING CURRICULA AS NEEDED TO ENSURE POSITIVE FOR EACH YOUTH.

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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