EMPOWER MY HOOD 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

2019

Legal Domicile

Principal Officer

BOBBIE D COLE

Phone

9175616498

Tax Period

2024-01-01 to 2024-12-31

EMPOWER MY HOOD INC, founded in 2019, is a micro nonprofit in the Education sector that reported $55K in total revenue in fiscal year 2024. Expenses of $77K exceeded revenue, resulting in a 42% operating deficit.

Mission

FACILITATE A RANGE OF EDUCATIONAL SERVICES DIRECTLY TO STUDENTS IN COMMUNITIES OF COLOR THAT GUIDE COLLEGE-ASPIRING YOUTH THROUGH THE PRE-COLLEGE AND COLLEGE AND CAREER PLANNING PROCESS. PROVIDE GUIDANCE AND ACADEMIC SUPPORT FOR UNDERREPRESENTED STUDENTS ENABLING THEM TO MAKE ACHIEVABLE COLLEGE GOALS

Program Service Accomplishments

Program 1

Expenses: $7,627

SAT PREP COURSE

Program 2

Expenses: $7,250

EMH MENTORSHIP WORKSHOP SERIES

Program 3

Expenses: $7,250

SOUTHEAST QUEENS AWARDS GALA

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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 $50,780

Program Service Revenue $0

Investment Income $0

Other Revenue $3,754

TOTAL REVENUE $54,534

Expense Breakdown

Grants Paid $14,500

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $60,265

Other Expenses $62,893

TOTAL EXPENSES $77,393

Year-over-Year Comparison

	2024	2023	Change
Revenue	$54,534	$51,790	+0.1%
Expenses	$77,393	$72,115	+0.1%
Net Income	$-22,859	$-20,325	+0.1%

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

N/A

Employees

N/A

Volunteers

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BOBBIE D COLE	CHIEF EXECUTIVE DIRECTOR	025.00	Officer Director	$0	$0	$0
KEVIN K JETER	BOARD CHAIRMAN	010.00	Officer	$0	$0	$0
AARON MCKISSICK	GENERAL ADMINISTRATOR	002.00	Officer	$0	$0	$0
DIANE PLUMMER	GENERAL MANAGER	004.00	Officer	$0	$0	$0
NATASHA JOSSAINTE	PROGRAM DIRECTOR	002.00	Officer	$0	$0	$0
KAREN ROGERS-BULLOCK	BOARD MEMBER	001.00	Officer	$0	$0	$0
MARGARET DENSON	BOARD MEMBER	001.00	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
2024	$54,534	$77,393	$-367	$-22,859
2023	$51,790	$72,115	$3,513	$-20,325