EMPOWER SCHOOLS OF ALABAMA (EIN 852038676) - Form 990 Financial Analysis & Trantor Score

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Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2021

Legal Domicile

Principal Officer

MEREDITH DAVIS

Phone

2053543709

Tax Period

2023-10-01 to 2024-09-30

EMPOWER SCHOOLS OF ALABAMA, founded in 2020, is a small nonprofit in the Education sector that reported $336K in total revenue in fiscal year 2021. The organization ran a surplus of $250K, a strong 75% operating margin.

Mission

THE MISSION OF EMPOWER SCHOOLS OF ALABAMA IS TO BRING CHANGE TO THE COMMUNITY BY FORGING COLLABORATION BETWEEN A DIVERSE GROUP OF SCHOLARS, EDUCATORS, FAMILITES, AND PARTNERS TO EDUCATE THE NEXT GENERATION OF COMMUNITY LEADERS AND ADVOCATES. EMPOWER SCHOOLS OF ALABAMA WAS ESTABLISHED TO SERVE STUDENTS FROM KINDEGARTEN THROUGH EIGHTH GRADE IN THE STATE OF ALABAMA.

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $7,052,962

Program Service Revenue $36,396

Investment Income $1,113

Other Revenue $43,612

TOTAL REVENUE $7,134,083

Expense Breakdown

Grants Paid $0

Salaries & Benefits $3,818,352

Fundraising Expenses $0

Program Expenses $5,485,633

Other Expenses $2,415,324

TOTAL EXPENSES $6,233,676

Year-over-Year Comparison

	2023	2022	Change
Revenue	$7,134,083	$3,365,138	+1.1%
Expenses	$6,233,676	$4,137,782	+0.5%
Net Income	$900,407	$-772,644	-2.2%

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

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

$388,584

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
HERMAN BARHAM	BOARD MEMBER	5.00	Director	$0	$0	$0
LATONJA CUMMINGS-HARRIS	BOARD MEMBER	5.00	Director	$0	$0	$0
JUSTIN MURDOCK	PRESIDENT	5.00	Director	$0	$0	$0
DEMARCUS RODGERS	VICE PRESIDENT	5.00	Director	$0	$0	$0
THEO ROSHELL	SECRETARY	5.00	Director	$0	$0	$0
DR ANTHONY OLIVER	EXECUTIVE DIRECTOR	40.00	Officer	$127,500	$24,708	$152,208
DERRIC JONES	DIRECTOR OF OPERATIONS	40.00	Officer	$90,900	$21,044	$111,944
MEREDITH DAVIS	PRINCIPAL/EXECUTIVE DIRECTOR	40.00	Officer	$103,013	$21,419	$124,432

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	$7,134,083	$6,233,676	$7,795,486	$900,407
2023	$3,365,138	$4,137,782	$5,131,786	$-772,644
2022	$1,732,586	$957,764	$2,285,755	$774,822
2021	$335,617	$85,558	No data	$250,059

EMPOWER SCHOOLS OF ALABAMA